Halliburton Company

HAL · NYSE · USD

Financials

Annual
StatisticsIncome statementBalance sheetCash flowDividendsSegments

Valuation and market statistics · USD millions unless noted · ratios on the twelve months ending at each period

Line itemFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015FY2014FY2013FY2012FY2011FY2010FY2009FY2008FY2007FY2006FY2005FY2004FY2003FY2002FY2001FY2000FY1999FY1998FY1997FY1996FY1995FY1994FY1993FY1992FY1991FY1990FY1989FY1988FY1987FY1986FY1985
Valuation
Market cap$23,784$23,886$32,356$35,732$20,471$16,918$21,903$23,792$43,744$48,417$30,470$33,352$45,574$32,123$31,680$37,074$27,081$15,944$34,612$31,485$31,290$17,148$11,284$8,087$5,607$16,027$17,714$13,003$13,120$7,870$6,286$3,782$4,207$3,134$3,793$5,427$4,550$2,889$2,589$2,582$2,821
Enterprise value$29,755$30,082$38,943$42,358$27,661$25,200$31,008$32,154$52,376$56,831$35,772$38,871$51,068$34,484$33,670$38,861$28,290$17,451$35,257$30,362$32,218$18,403$13,006$8,576$6,886$18,461$19,704$14,915$14,273$7,903$6,321$4,033$4,878$3,570$4,344$5,520$4,375$3,088$2,271$2,345$2,815
P/E (TTM) at period end18.54×9.55×12.27×22.73×14.05×––14.37×–––9.53×21.45×12.19×11.16×20.20×23.65×7.17×9.93×13.41×13.27×–––6.93×31.99×40.44×–16.99×14.11×34.22×21.27×––142.60×27.49×34.03×34.15×53.83×–98.29×
P/S (TTM) at period end1.07×1.04×1.41×1.76×1.34×1.17×0.98×0.99×2.12×3.05×1.29×1.01×1.55×1.13×1.28×2.06×1.85×0.87×2.27×2.43×3.10×0.86×0.69×0.64×0.43×1.34×1.44×0.90×0.81×0.56×1.07×0.66×0.66×0.48×0.54×0.78×0.80×0.59×0.77×0.74×0.59×
P/B at period end2.27×2.27×3.45×4.50×3.05×3.40×2.73×2.50×5.26×5.15×1.97×2.05×3.36×2.04×2.40×3.57×3.10×2.06×5.04×4.27×4.91×4.36×4.43×2.27×1.18×4.08×4.13×3.20×5.08×3.65×3.59×1.95×2.23×1.64×1.75×2.42×2.15×1.37×1.24×1.20×0.99×
EV / EBITDA (TTM)8.76×6.14×7.66×11.61×10.23×–26.35×7.89×17.88×–21.42×5.38×10.14×5.96×5.52×9.41×9.67×3.68×8.64×8.15×12.33×13.85×10.51×21.82×4.26×19.13×21.61×9.65×7.25×5.32×9.45×8.12×15.27×16.37×11.13×9.43×9.04×––––
EV / Sales (TTM)1.34×1.31×1.69×2.09×1.81×1.74×1.38×1.34×2.54×3.58×1.51×1.18×1.74×1.21×1.36×2.16×1.93×0.95×2.31×2.34×3.19×0.93×0.80×0.68×0.53×1.55×1.60×1.03×0.88×0.57×1.07×0.70×0.77×0.55×0.62×0.80×0.77×0.63×0.67×0.67×0.59×
Returns
Return on equity12.3%23.8%28.1%19.8%21.7%(59.2%)(14.1%)17.4%(5.6%)(61.2%)(4.3%)21.5%15.6%16.7%21.5%17.7%13.1%28.8%50.8%31.8%37.0%(24.9%)(32.2%)(28.0%)17.0%12.8%10.2%(0.4%)29.9%25.8%10.5%9.2%(8.5%)(7.2%)1.2%8.8%6.3%4.0%2.3%(24.0%)1.0%
Return on invested capital10.0%17.8%20.2%14.0%12.9%(16.8%)(2.6%)12.6%–(28.7%)(0.6%)17.1%12.6%15.5%20.9%15.9%12.3%29.8%32.7%37.8%29.6%9.9%10.4%(2.8%)10.7%4.5%4.0%–23.0%31.2%14.8%6.6%(4.4%)(5.8%)1.0%8.1%6.7%5.0%1.0%(29.0%)0.6%
Dividend yield2.4%2.5%1.8%1.2%0.8%1.6%2.9%2.6%1.4%1.3%2.0%1.6%1.0%1.0%1.0%0.9%1.2%2.0%0.9%1.0%0.8%1.3%1.9%2.7%3.8%1.4%1.2%2.0%1.0%3.0%1.8%3.0%2.7%3.4%2.8%2.0%2.3%––––
Financial health
Current ratio2.04×2.05×2.06×2.05×2.31×2.14×2.30×2.32×2.22×2.90×3.76×2.50×2.73×2.75×2.81×3.22×2.99×2.66×3.14×2.36×2.11×1.40×1.21×1.70×1.92×1.42×1.99×1.55×0.86×1.59×1.77×3.75×3.16×3.07×3.22×3.29×3.99×–2.24×2.26×2.10×
Debt / equity0.68×0.72×0.81×1.00×1.36×1.98×1.29×1.09×1.31×1.32×0.99×0.48×0.58×0.31×0.37×0.37×0.52×0.34×0.41×0.38×0.50×1.01×1.35×0.43×0.32×0.67×0.54×0.48×0.52×0.11×0.12×0.35×0.38×0.34×0.31×0.09×0.09×0.09×0.11×0.13×0.22×
Effective tax rate27.0%22.2%20.8%24.4%(17.3%)8.6%(0.6%)8.7%165.8%24.4%29.3%27.1%23.4%32.3%32.3%32.1%30.8%31.5%26.2%31.4%(6.3%)37.1%38.2%(35.1%)40.3%38.5%37.8%442.9%38.9%30.8%35.6%38.8%14.2%4.7%70.6%43.7%45.6%44.9%26.0%6.8%79.9%
Share count
Diluted shares outstanding8538839029088928818758778708618538529029289229119029099551,0541,038882874864860892886878514523496457528436532476424413418424410
StatisticsIncome statementBalance sheetCash flowDividendsSegments

Income statement · USD millions

Line itemTTMFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015FY2014FY2013FY2012FY2011FY2010FY2009FY2008FY2007FY2006FY2005FY2004FY2003FY2002FY2001FY2000FY1999FY1998FY1997FY1996FY1995FY1994FY1993FY1992FY1991FY1990FY1989FY1988FY1987FY1986FY1985
Revenue and gross profit
Revenue$22,476$22,184$22,944$23,018$20,297$15,295$14,445$22,408$23,995$20,620$15,887$23,633$32,870$29,402$28,503$24,829$17,973$14,675$18,279$15,264$12,955$10,100$19,884$16,271$12,572$13,046$11,944$12,313$14,504$16,272$13,947$5,883$5,740$6,351$6,525$7,019$6,926$5,661$4,897$3,368$3,509$4,779
Cost of revenue($19,111)($18,700)($18,643)($18,658)($16,984)($13,279)($12,900)($20,123)($21,009)($4,142)($3,770)($5,099)($6,479)($5,972)($5,322)($4,379)($3,508)($3,255)($3,970)($3,358)($9,426)($7,743)($18,752)($15,268)($12,379)($11,575)($11,218)($11,608)($12,522)($13,638)($11,839)($5,180)($5,046)($5,813)($5,986)($6,293)($6,057)($4,936)–($2,957)($3,637)($4,140)
Gross profit$3,365$3,484$4,301$4,360$3,313$2,016$1,545$2,285$2,986$16,478$12,117$18,534$26,391$23,430$23,181$20,450$14,465$11,420$14,309$11,906$3,529$2,357$1,132$1,003$193$1,471$726$705$1,982$2,634$2,108$703$694$538$540$726$869$725–$411($127)$638
Operating expenses
Research and development–($411)($426)($408)($345)($321)($309)($404)($390)($360)($329)($487)($601)($588)($460)($401)($366)($325)($326)–––––––––––––––––––––––
Selling, general and administrative($271)($239)($239)($226)($240)($204)($182)($227)($254)($256)($226)($200)($293)($333)($275)($281)($229)($207)($282)($293)($342)($294)($361)($330)($335)($387)($352)($351)($437)($665)($621)($34)($198)($218)($322)($336)($283)($241)–($174)($187)($206)
Total operating expenses($538)($1,224)($479)($277)($606)($216)($3,981)($2,733)($519)($15,104)($18,887)($18,699)($21,294)($20,292)($19,022)($15,713)($11,456)($9,426)($10,299)($8,408)($284)($193)($312)($283)($305)($387)($264)($304)($937)($1,229)($1,119)($293)($459)($670)($682)($630)($533)($486)–($388)($467)($549)
Total costs and expenses($19,649)($19,924)($19,122)($18,935)($17,590)($13,495)($16,881)($22,856)($21,528)($19,246)($22,657)($23,798)($27,773)($26,264)($24,344)($20,092)($14,964)($12,681)($14,269)($11,766)($9,710)($7,936)($19,064)($15,551)($12,684)($11,962)($11,482)($11,912)($13,459)($14,867)($12,958)($5,474)($5,506)($6,483)($6,667)($6,923)($6,590)($5,422)($4,686)($3,345)($4,104)($4,690)
Operating income$2,827$2,260$3,822$4,083$2,707$1,800($2,436)($448)$2,467$1,374($6,770)($165)$5,097$3,138$4,159$4,737$3,009$1,994$4,010$3,498$3,245$2,164$820$720($112)$1,084$462$401$1,045$1,405$989$409$235($133)($142)$96$336$239$211$23($595)$89
Earnings
EBITDA$4,004$3,396$4,901$5,081$3,647$2,704($1,378)$1,177$4,073$2,930($5,267)$1,670$7,223$5,038$5,787$6,096$4,128$2,925$4,748$4,081$3,725$2,612$1,329$1,238$393$1,615$965$912$1,545$1,969$1,487$669$497$319$218$390$585$484––––
Interest income–$88$97$81$29$9$38$23$44$112$59$16$13$8$7$5$11$12$39$124––––––––––––––––––––––
Interest expense($335)($352)($353)($395)($463)($520)($505)($569)($554)($593)($639)($447)($383)($331)($298)($263)($297)($297)($167)($168)––––––––––––––––––––––
Pre-tax income$2,381$1,771$3,234$3,363$2,110$1,252($3,220)($1,122)$1,814$682($7,625)($936)$4,712$2,764$3,822$4,449$2,655$1,682$3,849$3,460$3,199$1,997$634$612($228)$954$335$307$35$1,264$806$387$291($188)($130)$90$351$246$153$65($553)$142
Income tax expense($371)($479)($718)($701)($515)$216$278($7)($157)($1,131)$1,858$274($1,275)($648)($1,235)($1,439)($853)($518)($1,211)($907)($1,003)$125($235)($234)($80)($384)($129)($116)($155)($492)($248)($138)($113)$27$6($64)($154)($112)($69)($17)$37($114)
Net income$2,001$1,283$2,501$2,638$1,572$1,457($2,945)($1,131)$1,656($463)($5,763)($671)$3,500$2,125$2,635$2,839$1,835$1,145$2,224$3,486$2,348$2,358($979)($820)($998)$809$501$438($15)$772$558$184$178($161)($137)$27$197$134$85$48($515)$29
Per share
Diluted EPS (GAAP)$2.39$1.50$2.83$2.92$1.73$1.63($3.34)($1.29)$1.89($0.53)($6.69)($0.79)$4.11$2.36$2.84$3.08$2.01$1.27$2.45$3.65$2.23$2.27($1.11)($0.94)($1.16)$0.94$0.56$0.49($0.0167)$0.88$0.57$0.34$0.39($0.31)($0.31)$0.05$0.41$0.32$0.20$0.11($1.21)$0.07
Basic EPS (GAAP)$2.39$1.50$2.84$2.93$1.74$1.63($3.34)($1.29)$1.89($0.53)($6.69)($0.79)$4.13$2.37$2.85$3.09$2.02$1.27$2.52$3.79$2.32$2.33($1.12)($0.94)($1.16)$0.95$0.57$0.50($0.0167)$0.90$0.57$0.34$0.39($0.31)($0.31)$0.05$0.41$0.32$0.20$0.11($1.21)$0.07
Basic shares outstanding8368538828999048928818758758708618538488989269189089008839191,0141,010874868864856884880878506523496457528436532476424413418424410
Margins
Gross margin15.0%15.7%18.7%18.9%16.3%13.2%10.7%10.2%12.4%79.9%76.3%78.4%80.3%79.7%81.3%82.4%80.5%77.8%78.3%78.0%27.2%23.3%5.7%6.2%1.5%11.3%6.1%5.7%13.7%16.2%15.1%11.9%12.1%8.5%8.3%10.3%12.5%12.8%–12.2%(3.6%)13.4%
Operating margin12.6%10.2%16.7%17.7%13.3%11.8%(16.9%)(2.0%)10.3%6.7%(42.6%)(0.7%)15.5%10.7%14.6%19.1%16.7%13.6%21.9%22.9%25.0%21.4%4.1%4.4%(0.9%)8.3%3.9%3.3%7.2%8.6%7.1%7.0%4.1%(2.1%)(2.2%)1.4%4.8%4.2%4.3%0.7%(16.9%)1.9%
Net margin8.9%5.8%10.9%11.5%7.7%9.5%(20.4%)(5.0%)6.9%(2.2%)(36.3%)(2.8%)10.6%7.2%9.2%11.4%10.2%7.8%12.2%22.8%18.1%23.3%(4.9%)(5.0%)(7.9%)6.2%4.2%3.6%(0.1%)4.7%4.0%3.1%3.1%(2.5%)(2.1%)0.4%2.9%2.4%1.7%1.4%(14.7%)0.6%