HALLIBURTON CO HAL
Last close
37.07
2026-09-04
Market cap
$30.88B
2026-06-30 share count
52-week range
21.46 - 43.59
Valuation FY2025 figures against the last close
P/S1.4x
P/E—
P/FCF18.5x
EV/EBITDA10.6x
Dividend yield1.9%
Diluted EPS—
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $22.18B | $22.94B | $23.02B | $20.30B | $15.29B | $14.45B | $22.41B | $24.00B | $20.62B | $15.89B |
| Cost of revenue | — | — | — | — | — | — | — | — | $14.21B | $11.25B |
| Gross profit | — | — | — | — | — | — | — | — | $6.41B | $4.63B |
| R&D | $411.0M | $426.0M | $408.0M | $345.0M | $321.0M | $309.0M | $404.0M | $390.0M | $360.0M | $329.0M |
| SG&A | $239.0M | $239.0M | $226.0M | $240.0M | $204.0M | $182.0M | $227.0M | $254.0M | $256.0M | $226.0M |
| Total operating expenses | $19.92B | $19.12B | $18.93B | $17.59B | $13.49B | $16.88B | $22.86B | $21.53B | $19.25B | $22.66B |
| Operating income | $2.26B | $3.82B | $4.08B | $2.71B | $1.80B | -$2.44B | -$448.0M | $2.47B | $1.37B | -$6.77B |
| Pre-tax income | $1.77B | $3.23B | $3.36B | $2.11B | $1.25B | -$3.22B | -$1.12B | $1.81B | $682.0M | -$7.62B |
| Income tax | $479.0M | $718.0M | $701.0M | $515.0M | $216.0M | $278.0M | $7.0M | $157.0M | $1.13B | $1.86B |
| Net income | $1.28B | $2.50B | $2.64B | $1.57B | $1.46B | -$2.94B | -$1.13B | $1.66B | -$463.0M | -$5.76B |
| EPS, basic | — | — | — | — | — | — | — | — | — | -6.69 |
| EPS, diluted | — | — | — | — | 1.63 | -3.34 | -1.29 | 1.89 | -0.53 | -6.69 |
| Shares, diluted (wtd. avg.) | $853.0M | $883.0M | $902.0M | $908.0M | $892.0M | $881.0M | $875.0M | $877.0M | $870.0M | $861.0M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $2.21B | $2.62B | $2.26B | $2.35B | $3.04B | $2.56B | $2.27B | $2.01B | $2.34B | $4.01B |
| Receivables | $4.94B | $5.12B | $4.86B | $4.63B | $3.67B | $3.07B | $4.58B | $5.23B | $5.04B | $3.92B |
| Inventory | $2.98B | $3.04B | $3.23B | $2.92B | $2.36B | $2.35B | $3.14B | $3.03B | $2.40B | $2.27B |
| Total current assets | $11.40B | $12.38B | $11.54B | $10.95B | $9.94B | $9.47B | $11.21B | $11.15B | $10.78B | $11.68B |
| Property, plant and equipment | $5.26B | $5.11B | $4.90B | $4.35B | $4.33B | $4.33B | $7.31B | $8.87B | $8.52B | $8.53B |
| Goodwill | $2.94B | $2.84B | $2.85B | $2.83B | $2.84B | $2.80B | $2.81B | $2.83B | $2.69B | $2.41B |
| Total assets | $25.01B | $25.59B | $24.68B | $23.25B | $22.32B | $20.68B | $25.38B | $25.98B | $25.09B | $27.00B |
| Accounts payable | $3.13B | $3.19B | $3.15B | $3.12B | $2.35B | $1.57B | $2.43B | $3.02B | $2.55B | $1.76B |
| Short-term debt | $0 | $381.0M | $0 | $0 | $11.0M | $695.0M | $11.0M | $32.0M | $512.0M | $170.0M |
| Total current liabilities | $5.59B | $6.05B | $5.61B | $5.34B | $4.31B | $4.42B | $4.88B | $4.80B | $4.86B | $4.02B |
| Long-term debt | $7.16B | $7.16B | $7.64B | $7.93B | $9.13B | $9.13B | $10.32B | $10.31B | $10.43B | $12.21B |
| Total liabilities | $14.51B | $15.04B | $15.25B | $15.28B | $15.59B | $15.70B | $17.35B | $16.44B | $16.74B | $17.55B |
| Retained earnings | $15.04B | $14.33B | $12.54B | $10.57B | $9.71B | $8.69B | $11.99B | $13.74B | $12.67B | $14.14B |
| Total equity | $10.46B | $10.51B | $9.43B | $7.98B | $6.73B | $4.98B | $8.03B | $9.54B | $8.35B | $9.45B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $2.93B | $3.87B | $3.46B | $2.24B | $1.91B | $1.88B | $2.44B | $3.16B | $2.47B | -$1.70B |
| Depreciation and amortisation | $1.14B | $1.08B | $998.0M | $940.0M | $904.0M | $1.06B | $1.62B | $1.61B | $1.56B | $1.50B |
| Capital expenditure | $1.25B | $1.44B | $1.38B | $1.01B | $799.0M | $728.0M | $1.53B | $2.03B | $1.37B | $798.0M |
| Investing cash flow | -$1.32B | -$1.65B | -$1.66B | -$967.0M | -$534.0M | -$486.0M | -$1.45B | -$1.99B | -$1.93B | -$710.0M |
| Financing cash flow | -$1.99B | -$1.73B | -$1.67B | -$1.80B | -$838.0M | -$1.01B | -$695.0M | -$1.42B | -$2.16B | -$3.54B |
| Dividends paid | $579.0M | $600.0M | $576.0M | $435.0M | $161.0M | $278.0M | $630.0M | $630.0M | $626.0M | $620.0M |
| Buybacks | $1.01B | $1.00B | $800.0M | $250.0M | $0 | $100.0M | $100.0M | $400.0M | $0 | $0 |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000045012-26-000015.
Others in SIC 1389
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|---|---|---|---|---|
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| NESR | National Energy Services Reunited Corp. | $3.50B | 66.8x | 1.7% |
| LBRT | Liberty Energy Inc. | $3.36B | 23.1x | -7.2% |
| WBI | WaterBridge Infrastructure LLC | $1.57B | — | 66.2% |
| HLX | HORNBECK OFFSHORE SERVICES, INC. | $1.56B | 50.5x | -4.9% |
| RES | RPC INC | $1.44B | 43.3x | 15.0% |
| PUMP | ProPetro Holding Corp. | $1.41B | 1,147.0x | -12.1% |