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Side-by-side financial comparison of Halliburton (HAL) and TELUS CORP (TU). Click either name above to swap in a different company.
Halliburton is the larger business by last-quarter revenue ($5.4B vs $3.7B, roughly 1.5× TELUS CORP). Halliburton runs the higher net margin — 8.6% vs -4.8%, a 13.4% gap on every dollar of revenue. On growth, TELUS CORP posted the faster year-over-year revenue change (2.2% vs -4.5%).
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.
TELUS CORPTUEarnings & Financial Report
Telus Corporation is a Canadian publicly traded holding company and conglomerate, headquartered in Vancouver, British Columbia, which is the parent company of several subsidiaries: Telus Communications offers telephony, television, data and Internet services; Telus Mobility offers wireless services; Telus Health operates companies that provide health products and services; and Telus Digital operates worldwide, providing multilingual customer service outsourcing and digital IT services. Telus ...
HAL vs TU — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2025
| Metric | | |
|---|---|---|
| Revenue | $5.4B | $3.7B |
| Net Profit | $464.0M | $-178.8M |
| Gross Margin | — | 90.2% |
| Operating Margin | 12.6% | 3.4% |
| Net Margin | 8.6% | -4.8% |
| Revenue YoY | -4.5% | 2.2% |
| Net Profit YoY | 128.6% | -210.9% |
| EPS (diluted) | $0.55 | — |
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.
| Q1 26 | $5.4B | — | ||
| Q4 25 | $5.7B | — | ||
| Q3 25 | $5.6B | — | ||
| Q2 25 | $5.5B | $3.7B | ||
| Q1 25 | $5.4B | — | ||
| Q4 24 | $5.6B | — | ||
| Q3 24 | $5.7B | — | ||
| Q2 24 | $5.8B | $3.6B |
| Q1 26 | $464.0M | — | ||
| Q4 25 | $589.0M | — | ||
| Q3 25 | $18.0M | — | ||
| Q2 25 | $472.0M | $-178.8M | ||
| Q1 25 | $204.0M | — | ||
| Q4 24 | $615.0M | — | ||
| Q3 24 | $571.0M | — | ||
| Q2 24 | $709.0M | $161.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 90.2% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 87.9% |
| Q1 26 | 12.6% | — | ||
| Q4 25 | 13.2% | — | ||
| Q3 25 | 6.4% | — | ||
| Q2 25 | 13.2% | 3.4% | ||
| Q1 25 | 8.0% | — | ||
| Q4 24 | 16.6% | — | ||
| Q3 24 | 15.3% | — | ||
| Q2 24 | 17.7% | 13.7% |
| Q1 26 | 8.6% | — | ||
| Q4 25 | 10.4% | — | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | 8.6% | -4.8% | ||
| Q1 25 | 3.8% | — | ||
| Q4 24 | 11.0% | — | ||
| Q3 24 | 10.0% | — | ||
| Q2 24 | 12.2% | 4.4% |
| Q1 26 | $0.55 | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $0.02 | — | ||
| Q2 25 | $0.55 | — | ||
| Q1 25 | $0.24 | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $650000.00 | — | ||
| Q2 24 | $800000.00 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.0B | $2.7B |
| Total DebtLower is stronger | $7.2B | — |
| Stockholders' EquityBook value | $10.8B | $11.8B |
| Total Assets | $25.1B | $44.3B |
| Debt / EquityLower = less leverage | 0.66× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | — | $2.7B | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $676.7M |
| Q1 26 | $7.2B | — | ||
| Q4 25 | $7.2B | — | ||
| Q3 25 | $7.2B | — | ||
| Q2 25 | $7.2B | — | ||
| Q1 25 | $7.2B | — | ||
| Q4 24 | $7.2B | — | ||
| Q3 24 | $7.6B | — | ||
| Q2 24 | $7.6B | — |
| Q1 26 | $10.8B | — | ||
| Q4 25 | $10.5B | — | ||
| Q3 25 | $10.2B | — | ||
| Q2 25 | $10.5B | $11.8B | ||
| Q1 25 | $10.4B | — | ||
| Q4 24 | $10.5B | — | ||
| Q3 24 | $10.3B | — | ||
| Q2 24 | $10.0B | $12.4B |
| Q1 26 | $25.1B | — | ||
| Q4 25 | $25.0B | — | ||
| Q3 25 | $25.2B | — | ||
| Q2 25 | $25.4B | $44.3B | ||
| Q1 25 | $25.2B | — | ||
| Q4 24 | $25.6B | — | ||
| Q3 24 | $25.3B | — | ||
| Q2 24 | $25.2B | $41.8B |
| Q1 26 | 0.66× | — | ||
| Q4 25 | 0.68× | — | ||
| Q3 25 | 0.70× | — | ||
| Q2 25 | 0.68× | — | ||
| Q1 25 | 0.69× | — | ||
| Q4 24 | 0.68× | — | ||
| Q3 24 | 0.74× | — | ||
| Q2 24 | 0.76× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $851.2M |
| Free Cash FlowOCF − Capex | $123.0M | — |
| FCF MarginFCF / Revenue | 2.3% | — |
| Capex IntensityCapex / Revenue | 3.6% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.7B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | — | ||
| Q3 25 | $488.0M | — | ||
| Q2 25 | $896.0M | $851.2M | ||
| Q1 25 | $377.0M | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $841.0M | — | ||
| Q2 24 | $1.1B | $1.0B |
| Q1 26 | $123.0M | — | ||
| Q4 25 | $828.0M | — | ||
| Q3 25 | $227.0M | — | ||
| Q2 25 | $542.0M | — | ||
| Q1 25 | $75.0M | — | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $502.0M | — | ||
| Q2 24 | $734.0M | — |
| Q1 26 | 2.3% | — | ||
| Q4 25 | 14.6% | — | ||
| Q3 25 | 4.1% | — | ||
| Q2 25 | 9.8% | — | ||
| Q1 25 | 1.4% | — | ||
| Q4 24 | 18.4% | — | ||
| Q3 24 | 8.8% | — | ||
| Q2 24 | 12.6% | — |
| Q1 26 | 3.6% | — | ||
| Q4 25 | 6.0% | — | ||
| Q3 25 | 4.7% | — | ||
| Q2 25 | 6.4% | — | ||
| Q1 25 | 5.6% | — | ||
| Q4 24 | 7.6% | — | ||
| Q3 24 | 6.0% | — | ||
| Q2 24 | 5.9% | — |
| Q1 26 | — | — | ||
| Q4 25 | 1.98× | — | ||
| Q3 25 | 27.11× | — | ||
| Q2 25 | 1.90× | — | ||
| Q1 25 | 1.85× | — | ||
| Q4 24 | 2.37× | — | ||
| Q3 24 | 1.47× | — | ||
| Q2 24 | 1.52× | 6.28× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HAL
| Completion and Production | $3.0B | 56% |
| Middle East/Asia | $1.3B | 24% |
| Europe/Africa/CIS | $858.0M | 16% |
| Other | $210.0M | 4% |
TU
Segment breakdown not available.
