HAL

Halliburton Company

Exchange: NYSESector: EnergyIndustry: Oil & Gas Equipment & Services

Halliburton Labs is a collaborative environment where entrepreneurs, academics, investors, and experienced practitioners advance the future of energy faster. Halliburton Labs provides access to world-class facilities, a global business network, commercialization expertise, and financing opportunities to help participants scale their business. Visit the company's website at Halliburton Labs. Connect with Halliburton Labs on LinkedIn and Instagram. Halliburton Labs is a wholly owned subsidiary of Halliburton Company. SOURCE DISA Technologies, Inc.

Did you know?

HAL's revenue grew at a -0.2% CAGR over the last 6 years.

Current Price

$41.66

-1.51%

GoodMoat Value

$27.73

33.4% overvalued

Profile

Valuation (TTM)

Market Cap$34.89B

P/E22.66

EV$37.50B

P/B3.34

Shares Out837.55M

P/Sales1.57

Revenue$22.17B

EV/EBITDA11.63

Halliburton Company (HAL) Financial Statements

GoodMoat Analysis

Based on data as of March 26, 2026

Halliburton exhibits mixed financial quality for a value investor. While it generates a healthy free cash flow yield and maintains a reasonable debt load, its revenue growth is stagnant and profitability metrics are modest, falling short of the high-return thresholds typical of a quality compounder.

Read full analysis

Halliburton's financial profile presents a mix of stability and lackluster growth. Revenue growth of 0.8% YoY is minimal, indicating the business is not in an expansion phase, which fails the 'consistent, double-digit' growth criterion. Profitability is modest, with an operating margin of 10.2% and an ROE of 12.3%, which is below the framework's high-quality threshold of 15-20% for ROIC/ROE. The free cash flow generation is a relative strength, with a 5.7% FCF yield suggesting solid cash conversion, though the provided data lacks the FCF margin percentage needed to assess it against the >10-15% benchmark. The balance sheet appears manageable with a Debt/Equity ratio of 0.78, which is below the cautionary level of 1.0x when scaled to EBITDA, indicating a moderate, not excessive, debt load. Overall, the quality indicators are neutral to weak on growth and returns, but stronger on cash flow and balance sheet health. The stagnant growth trajectory and moderate returns suggest this is a cyclical operator rather than a durable compounder, making its quality assessment unfavourable relative to the framework's high standards for moat-backed businesses. Analysis based on data as of 2024-05-15.

HAL Financial Data

EBITDA$3.52B

Revenue (TTM)$22.17B

Gross Profit (TTM)$3.39B

Gross Margin—

Operating Margin10.19%

ROE14.72%

ROA6.16%

Debt/Equity0.78

Current Ratio2.04

FCF$1.86B

FCF Yield5.32%

Piotroski F-Score—

Rev/Share (TTM)$26.47

50-Day MA$37.33

200-Day MA$28.96

Shares Outstanding0.84B

HAL Computed Insights

FCF$1.86B

FCF Growth Rate9.04%

EPS Growth (CAGR)-6.55%

WACC10.00%

Income Statement

Balance Sheet

Cash Flow Statement

HAL Financial Statements & Data

Halliburton Company (HAL) financial data including income statement, balance sheet, and cash flow statement. This page provides a comprehensive view of Halliburton Company's financial performance and position as a Energy company.

Trailing twelve-month (TTM) revenue is $22.17B. Gross profit (TTM) is $3.39B. EBITDA is $3.52B. Earnings per share (EPS) is $1.50. The P/E ratio is 22.66. Market capitalization is $34.89B.

Free cash flow (FCF) is $1.86B. FCF growth rate is 9.04%. EPS growth CAGR is -6.55%. Weighted average cost of capital (WACC) is 10.00%.

Historical revenue data covers 7 years from FY19 to FY25. Net income history spans 7 years. Free cash flow and capital expenditure data spans 7 years. GoodMoat displays interactive charts for revenue, net income, FCF vs CAPEX, and cash-to-debt ratios to help investors identify financial trends.

Use Halliburton Company's financial data to assess the company's earnings quality, balance sheet health, and cash generation. Compare key metrics across periods to identify trends before making investment decisions with GoodMoat's valuation tools.