---
title: "Halliburton: Competitors"
description: "Halliburton compared with companies that share its SEC industry classification: revenue, growth and margins from SEC filings, and how the peer group is chosen."
canonical: https://www.getswoopr.com/stocks/companies/halliburton/competitors/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# Halliburton: Competitors & Industry Structure

## Direct Answer

SEC EDGAR classifies Halliburton under SIC code 1389 (Oil & Gas Field Services, NEC). Among Swoopr's S&P 500 Equal Weight companies, 9 others share that classification; by latest reported revenue, Halliburton ranks 2 of 10. A filing classification is a starting point: a company's real competitors depend on its segments, which its 10-K describes.

## How Does Halliburton Compare With Its Peers?

| Company | Revenue (latest FY) | Revenue growth | Operating margin | Net margin |
| --- | --- | --- | --- | --- |
| [Schlumberger (SLB)](https://www.getswoopr.com/stocks/companies/schlumberger/) | $35.7 billion FY2025 | -1.6% | n/a | 9.4% |
| **Halliburton (HAL)** | $22.2 billion FY2025 | -3.3% | 10.2% | 5.8% |
| [ProFrac Holding Corp. (ACDC)](https://www.getswoopr.com/stocks/companies/profrac-holding-corp/) | $1.9 billion FY2025 | -11.4% | -11.6% | -18.3% |
| [Select Water Solutions Inc. (WTTR)](https://www.getswoopr.com/stocks/companies/select-water-solutions-inc/) | $1.4 billion FY2025 | -3.1% | 2.0% | 1.5% |
| [National Energy Services Reunited Corp (NESR)](https://www.getswoopr.com/stocks/companies/national-energy-services-reunited-corp/) | $1.3 billion FY2025 | 1.7% | 7.4% | 3.9% |
| [ProPetro Holding Corp. (PUMP)](https://www.getswoopr.com/stocks/companies/propetro-holding-corp/) | $1.3 billion FY2025 | -12.1% | 0.5% | 0.1% |
| [KLX Energy Services Holdings Inc. (KLXE)](https://www.getswoopr.com/stocks/companies/klx-energy-services-holdings-inc/) | $637 million FY2025 | -10.2% | -4.8% | -12.1% |
| [Ranger Energy Services Inc. (RNGR)](https://www.getswoopr.com/stocks/companies/ranger-energy-services-inc/) | $547 million FY2025 | -4.2% | 2.8% | 2.2% |
| [Natural Gas Services Group Inc. (NGS)](https://www.getswoopr.com/stocks/companies/natural-gas-services-group-inc/) | $172 million FY2025 | 9.9% | 21.6% | 11.6% |
| [Mammoth Energy Services Inc. (TUSK)](https://www.getswoopr.com/stocks/companies/mammoth-energy-services-inc/) | $44 million FY2025 | -2.9% | -129.7% | 10.4% |

Revenue growth compares each company's latest fiscal year with the one before. Fiscal years do not always end on the same date, so treat close comparisons with care.

![Bar chart of operating margin for Halliburton and 7 peers: Halliburton (HAL) 10.2%, ProFrac Holding Corp. (ACDC) -11.6%, Select Water Solutions Inc. (WTTR) 2.0%, National Energy Services Reunited Corp (NESR) 7.4%, ProPetro Holding Corp. (PUMP) 0.5%, KLX Energy Services Holdings Inc. (KLXE) -4.8%, Ranger Energy Services Inc. (RNGR) 2.8%, Natural Gas Services Group Inc. (NGS) 21.6%.](https://www.getswoopr.com/images/charts/halliburton-competitors-peer-margins.webp)
*Operating margin of Halliburton against companies sharing its SEC industry classification, from the table above. Select the chart to open it full size.*

## How Does Halliburton Rank Among All SEC Filers in Its Industry Code?

10 companies with annual reports in Swoopr's SEC dataset share SIC code 1389 (Oil & Gas Field Services, NEC), a wider group than the S&P 500 Equal Weight companies above. Ranks run from 1 (highest) and use each company's latest fiscal year, in U.S. dollars.

| Measure | Halliburton | Median of filers | Rank |
| --- | --- | --- | --- |
| Revenue | $22.2 billion | $1.3 billion | 2 of 10 |
| Revenue growth | -3.3% | -3.2% | 6 of 10 |
| Operating margin | 10.2% | 2.0% | 2 of 9 |
| Net margin | 5.8% | 3.1% | 4 of 10 |

A SIC code reflects the filer's main business as the SEC records it, so the group mixes companies of very different size; the median is a better guide than the average, and a rank near the top by revenue says nothing about quality.

## Where These Numbers Come From

Every figure on this page is a value Halliburton reported in its own SEC filings, read from the SEC's XBRL data (accession 0000045012-26-000015 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 12, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.

Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.

## Frequently Asked Questions

### Who are Halliburton's competitors?

Companies sharing Halliburton's SEC classification (SIC code 1389 (Oil & Gas Field Services, NEC)) include Schlumberger (SLB), ProFrac Holding Corp. (ACDC), Select Water Solutions Inc. (WTTR), National Energy Services Reunited Corp (NESR), ProPetro Holding Corp. (PUMP). Its 10-K names the competitors it considers most relevant.

### How does Halliburton compare with its peers on margins?

Halliburton's fiscal 2025 operating margin was 10.2%, against a peer median of 1.3%.

### How are these peers chosen?

By the SEC Standard Industrial Classification code each company files under, within Swoopr's S&P 500 Equal Weight company set, falling back to the two-digit major group when fewer than two companies share the exact code. Classification codes are broad, so read the peer list as a screen, not a verdict.

### How does Halliburton rank among all companies in its SEC industry?

Among 10 SEC filers under SIC code 1389, Halliburton ranks 2 by latest revenue, and 2 of 9 by operating margin (10.2% against a median of 2.0%).

## References

- [SEC EDGAR: HALLIBURTON CO Form 10-K filed February 6, 2026](https://www.sec.gov/Archives/edgar/data/45012/000004501226000015/hal-20251231.htm)
- [SEC EDGAR: HALLIBURTON CO annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=45012&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)

## Related Pages

- [Halliburton company dossier](https://www.getswoopr.com/stocks/companies/halliburton/)
- [Halliburton financial metrics](https://www.getswoopr.com/stocks/companies/halliburton/metrics/)
- [Halliburton financial risk indicators](https://www.getswoopr.com/stocks/companies/halliburton/risks/)
- [Halliburton peer comparison](https://www.getswoopr.com/stocks/companies/halliburton/competitors/)
- [Halliburton business model and revenue mix](https://www.getswoopr.com/stocks/companies/halliburton/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)

**[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)**

Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).
