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Side-by-side financial comparison of Halliburton (HAL) and LEAR CORP (LEA). Click either name above to swap in a different company.

LEAR CORP is the larger business by last-quarter revenue ($6.0B vs $5.4B, roughly 1.1× Halliburton). Halliburton runs the higher net margin — 8.6% vs 1.4%, a 7.2% gap on every dollar of revenue. On growth, LEAR CORP posted the faster year-over-year revenue change (4.8% vs -4.5%). LEAR CORP produced more free cash flow last quarter ($281.1M vs $123.0M). Over the past eight quarters, LEAR CORP's revenue compounded faster (-0.1% CAGR vs -3.8%).

Halliburton Company is an American multinational corporation and the world's second-largest oil service company, responsible for most of the world's fracking operations. The company, incorporated in the United States, has dual headquarters located in Houston and in Dubai.

Lear Corporation is an American company that manufactures automotive seating and electrical systems. In 2019, it ranked #147 and in 2018, it ranked #148 on the Fortune 500 list.

HAL vs LEA — Head-to-Head

Bigger by revenue
LEA
LEA
1.1× larger
LEA
$6.0B
$5.4B
HAL
Growing faster (revenue YoY)
LEA
LEA
+9.3% gap
LEA
4.8%
-4.5%
HAL
Higher net margin
HAL
HAL
7.2% more per $
HAL
8.6%
1.4%
LEA
More free cash flow
LEA
LEA
$158.1M more FCF
LEA
$281.1M
$123.0M
HAL
Faster 2-yr revenue CAGR
LEA
LEA
Annualised
LEA
-0.1%
-3.8%
HAL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
HAL
HAL
LEA
LEA
Revenue
$5.4B
$6.0B
Net Profit
$464.0M
$82.7M
Gross Margin
5.7%
Operating Margin
12.6%
2.6%
Net Margin
8.6%
1.4%
Revenue YoY
-4.5%
4.8%
Net Profit YoY
-21.2%
-6.1%
EPS (diluted)
$0.55
$1.58

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HAL
HAL
LEA
LEA
Q1 26
$5.4B
Q4 25
$5.7B
$6.0B
Q3 25
$5.6B
$5.7B
Q2 25
$5.5B
$6.0B
Q1 25
$5.4B
$5.6B
Q4 24
$5.6B
$5.7B
Q3 24
$5.7B
$5.6B
Q2 24
$5.8B
$6.0B
Net Profit
HAL
HAL
LEA
LEA
Q1 26
$464.0M
Q4 25
$589.0M
$82.7M
Q3 25
$18.0M
$108.2M
Q2 25
$472.0M
$165.2M
Q1 25
$204.0M
$80.7M
Q4 24
$615.0M
$88.1M
Q3 24
$571.0M
$135.8M
Q2 24
$709.0M
$173.1M
Gross Margin
HAL
HAL
LEA
LEA
Q1 26
Q4 25
5.7%
Q3 25
6.4%
Q2 25
7.3%
Q1 25
6.5%
Q4 24
6.8%
Q3 24
7.3%
Q2 24
7.5%
Operating Margin
HAL
HAL
LEA
LEA
Q1 26
12.6%
Q4 25
13.2%
2.6%
Q3 25
6.4%
3.4%
Q2 25
13.2%
4.1%
Q1 25
8.0%
3.3%
Q4 24
16.6%
3.7%
Q3 24
15.3%
3.9%
Q2 24
17.7%
4.3%
Net Margin
HAL
HAL
LEA
LEA
Q1 26
8.6%
Q4 25
10.4%
1.4%
Q3 25
0.3%
1.9%
Q2 25
8.6%
2.7%
Q1 25
3.8%
1.5%
Q4 24
11.0%
1.5%
Q3 24
10.0%
2.4%
Q2 24
12.2%
2.9%
EPS (diluted)
HAL
HAL
LEA
LEA
Q1 26
$0.55
Q4 25
$1.58
Q3 25
$0.02
$2.02
Q2 25
$0.55
$3.06
Q1 25
$0.24
$1.49
Q4 24
$1.64
Q3 24
$650000.00
$2.41
Q2 24
$800000.00
$3.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HAL
HAL
LEA
LEA
Cash + ST InvestmentsLiquidity on hand
$2.0M
$1.0B
Total DebtLower is stronger
$7.2M
$2.7B
Stockholders' EquityBook value
$10.8M
$5.0B
Total Assets
$25.1M
$14.8B
Debt / EquityLower = less leverage
0.66×
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HAL
HAL
LEA
LEA
Q1 26
$2.0M
Q4 25
$2.2B
$1.0B
Q3 25
$2.0B
$1.0B
Q2 25
$887.9M
Q1 25
$779.9M
Q4 24
$2.6B
$1.1B
Q3 24
$763.9M
Q2 24
$950.3M
Total Debt
HAL
HAL
LEA
LEA
Q1 26
$7.2M
Q4 25
$7.2B
$2.7B
Q3 25
$7.2B
$2.8B
Q2 25
$7.2B
$2.8B
Q1 25
$7.2B
$2.7B
Q4 24
$7.2B
$2.7B
Q3 24
$7.6B
$2.8B
Q2 24
$7.6B
$2.7B
Stockholders' Equity
HAL
HAL
LEA
LEA
Q1 26
$10.8M
Q4 25
$10.5B
$5.0B
Q3 25
$10.2B
$5.1B
Q2 25
$10.5B
$5.1B
Q1 25
$10.4B
$4.7B
Q4 24
$10.5B
$4.5B
Q3 24
$10.3B
$4.8B
Q2 24
$10.0B
$4.8B
Total Assets
HAL
HAL
LEA
LEA
Q1 26
$25.1M
Q4 25
$25.0B
$14.8B
Q3 25
$25.2B
$15.2B
Q2 25
$25.4B
$15.3B
Q1 25
$25.2B
$14.6B
Q4 24
$25.6B
$14.0B
Q3 24
$25.3B
$14.8B
Q2 24
$25.2B
$14.7B
Debt / Equity
HAL
HAL
LEA
LEA
Q1 26
0.66×
Q4 25
0.68×
0.54×
Q3 25
0.70×
0.54×
Q2 25
0.68×
0.54×
Q1 25
0.69×
0.59×
Q4 24
0.68×
0.61×
Q3 24
0.74×
0.58×
Q2 24
0.76×
0.57×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HAL
HAL
LEA
LEA
Operating Cash FlowLast quarter
$475.9M
Free Cash FlowOCF − Capex
$123.0M
$281.1M
FCF MarginFCF / Revenue
2.3%
4.7%
Capex IntensityCapex / Revenue
3.6%
3.3%
Cash ConversionOCF / Net Profit
5.75×
TTM Free Cash FlowTrailing 4 quarters
$1.7B
$527.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HAL
HAL
LEA
LEA
Q1 26
Q4 25
$1.2B
$475.9M
Q3 25
$488.0M
$444.4M
Q2 25
$896.0M
$296.2M
Q1 25
$377.0M
$-127.7M
Q4 24
$1.5B
$680.8M
Q3 24
$841.0M
$182.7M
Q2 24
$1.1B
$291.2M
Free Cash Flow
HAL
HAL
LEA
LEA
Q1 26
$123.0M
Q4 25
$828.0M
$281.1M
Q3 25
$227.0M
$307.0M
Q2 25
$542.0M
$170.8M
Q1 25
$75.0M
$-231.7M
Q4 24
$1.0B
$488.7M
Q3 24
$502.0M
$50.5M
Q2 24
$734.0M
$170.4M
FCF Margin
HAL
HAL
LEA
LEA
Q1 26
2.3%
Q4 25
14.6%
4.7%
Q3 25
4.1%
5.4%
Q2 25
9.8%
2.8%
Q1 25
1.4%
-4.2%
Q4 24
18.4%
8.6%
Q3 24
8.8%
0.9%
Q2 24
12.6%
2.8%
Capex Intensity
HAL
HAL
LEA
LEA
Q1 26
3.6%
Q4 25
6.0%
3.3%
Q3 25
4.7%
2.4%
Q2 25
6.4%
2.1%
Q1 25
5.6%
1.9%
Q4 24
7.6%
3.4%
Q3 24
6.0%
2.4%
Q2 24
5.9%
2.0%
Cash Conversion
HAL
HAL
LEA
LEA
Q1 26
Q4 25
1.98×
5.75×
Q3 25
27.11×
4.11×
Q2 25
1.90×
1.79×
Q1 25
1.85×
-1.58×
Q4 24
2.37×
7.73×
Q3 24
1.47×
1.35×
Q2 24
1.52×
1.68×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HAL
HAL

Completion and Production$3.0B56%
Middle East/Asia$1.3B24%
Europe/Africa/CIS$858.0M16%
Other$210.0M4%

LEA
LEA

Other$3.5B59%
Seating Segment$1.9B32%
E Systems Segment$520.6M9%

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