(HAL) Halliburton - Overview
Sector: Energy | Industry: Oil & Gas Equipment & Services | Exchange: NYSE (USA) | Market Cap: 33.082m USD | Total Return: 110.8% in 12m
Avg Turnover: 408M
EPS Trend: -77.5%
Qual. Beats: 3
Rev. Trend: -65.1%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Rs Leader, Idiosyncratic Leader, Tailwind, Pullback 52w, Confidence
Halliburton Company (HAL) is a global provider of products and services to the energy industry, specializing in the exploration, development, and production of oil and natural gas. The company operates through two primary segments: Completion and Production, which focuses on well construction and chemical stimulation, and Drilling and Evaluation, which provides modeling, drilling fluids, and subsea services. Founded in 1919 and headquartered in Houston, Texas, Halliburton is a leading member of the Big Three oilfield service providers.
The business model relies on capital expenditure cycles within the upstream energy sector, where demand for Halliburton’s technical services fluctuates based on global crude oil prices and rig counts. As the industry transitions toward efficiency, Halliburton has increasingly integrated cloud-based digital solutions and artificial intelligence to optimize reservoir management and subsurface insights. Investors seeking a deeper look at these operational metrics should explore the data available on ValueRay.
- North American hydraulic fracturing activity levels dictate domestic completion and production revenue
- International offshore drilling expansion drives long-term growth in the drilling and evaluation segment
- Fluctuations in global crude oil prices determine capital expenditure budgets of exploration firms
- Shift toward digital and automated well construction increases high-margin software service revenue
| Net Income: 1.54b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA -2.62 > 1.0 |
| NWC/Revenue: 27.06% < 20% (prev 25.30%; Δ 1.76% < -1%) |
| CFO/TA 0.11 > 3% & CFO 2.82b > Net Income 1.54b |
| Net Debt (7.00b) to EBITDA (3.66b): 1.91 < 3 |
| Current Ratio: 2.08 > 1.5 & < 3 |
| Outstanding Shares: last quarter (839.0m) vs 12m ago -3.12% < -2% |
| Gross Margin: 15.31% > 18% (prev 18.17%; Δ -2.85% > 0.5%) |
| Asset Turnover: 88.11% > 50% (prev 89.59%; Δ -1.48% > 0%) |
| Interest Coverage Ratio: 7.76 > 6 (EBIT TTM 2.51b / Interest Expense TTM 323.0m) |
| A: 0.24 (Total Current Assets 11.5b - Total Current Liabilities 5.54b) / Total Assets 25.1b |
| B: 0.61 (Retained Earnings 15.4b / Total Assets 25.1b) |
| C: 0.10 (EBIT TTM 2.51b / Avg Total Assets 25.2b) |
| D: 0.76 (Book Value of Equity 10.8b / Total Liabilities 14.3b) |
| Altman-Z'' = 5.02 = AAA |
| DSRI: 1.02 (Receivables 5.20b/5.20b, Revenue 22.2b/22.6b) |
| GMI: 1.19 (GM 18.17% / 15.31%) |
| AQI: 1.12 (AQ_t 0.34 / AQ_t-1 0.30) |
| SGI: 0.98 (Revenue 22.2b / 22.6b) |
| TATA: -0.05 (NI 1.54b - CFO 2.82b) / TA 25.1b) |
| Beneish M = -2.79 (Cap -4..+1) = A |
As of June 05, 2026, the stock is trading at USD 41.22 with a total of 9,179,288 shares traded.
Over the past week, the price has changed by +5.25%,
over one month by -1.39%,
over three months by +20.23% and
over the past year by +110.78%.
Halliburton has received a consensus analysts rating of 4.10. Therefore, it is recommended to buy HAL.
- StrongBuy: 12
- Buy: 8
- Hold: 9
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 43.5 | 5.6% |
P/E Trailing = 21.8785
P/E Forward = 15.3374
P/S = 1.4923
P/B = 3.0688
P/EG = 1.0371
Revenue TTM = 22.2b USD
EBIT TTM = 2.51b USD
EBITDA TTM = 3.66b USD
Long Term Debt = 7.07b USD (from longTermDebt, last quarter)
Short Term Debt = 333.0m USD (from shortTermDebt, last quarter)
Debt = 9.00b USD (from shortLongTermDebtTotal, last quarter) + Leases 921.0m
Net Debt = 7.00b USD (calculated: Debt 9.00b - CCE 2.00b)
Enterprise Value = 40.1b USD (33.1b + Debt 9.00b - CCE 2.00b)
Interest Coverage Ratio = 7.76 (Ebit TTM 2.51b / Interest Expense TTM 323.0m)
EV/FCF = 23.89x (Enterprise Value 40.1b / FCF TTM 1.68b)
FCF Yield = 4.19% (FCF TTM 1.68b / Enterprise Value 40.1b)
FCF Margin = 7.57% (FCF TTM 1.68b / Revenue TTM 22.2b)
Net Margin = 6.95% (Net Income TTM 1.54b / Revenue TTM 22.2b)
Gross Margin = 15.31% ((Revenue TTM 22.2b - Cost of Revenue TTM 18.8b) / Revenue TTM)
Gross Margin QoQ = 14.62% (prev 16.44%)
Tobins Q-Ratio = 1.59 (Enterprise Value 40.1b / Total Assets 25.1b)
Interest Expense / Debt = 3.59% (Interest Expense 323.0m / Debt 9.00b)
Taxrate = 23.65% (481.0m / 2.03b)
NOPAT = 1.91b (EBIT 2.51b * (1 - 23.65%))
Current Ratio = 2.08 (Total Current Assets 11.5b / Total Current Liabilities 5.54b)
Debt / Equity = 0.83 (Debt 9.00b / totalStockholderEquity, last quarter 10.8b)
Debt / EBITDA = 1.91 (Net Debt 7.00b / EBITDA 3.66b)
Debt / FCF = 4.17 (Net Debt 7.00b / FCF TTM 1.68b)
Total Stockholder Equity = 10.5b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.12% (Net Income 1.54b / Total Assets 25.1b)
RoE = 14.67% (Net Income TTM 1.54b / Total Stockholder Equity 10.5b)
RoCE = 14.28% (EBIT 2.51b / Capital Employed (Equity 10.5b + L.T.Debt 7.07b))
RoIC = 10.17% (NOPAT 1.91b / Invested Capital 18.8b)
WACC = 7.74% (E(33.1b)/V(42.1b) * Re(9.10%) + D(9.00b)/V(42.1b) * Rd(3.59%) * (1-Tc(0.24)))
Discount Rate = 9.10% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -95.56 | Cagr: -2.93%
[DCF] Terminal Value 73.10% ; FCFF base≈1.94b ; Y1≈1.70b ; Y5≈1.38b
[DCF] Fair Price = 18.08 (EV 22.1b - Net Debt 7.00b = Equity 15.1b / Shares 835.4m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -77.46 | EPS CAGR: -9.42% | SUE: 0.90 | # QB: 3
Revenue Correlation: -65.11 | Revenue CAGR: -1.32% | SUE: 0.67 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.54 | Chg30d=+5.00% | Revisions=+45% | Analysts=21
EPS next Quarter (2026-09-30): EPS=0.60 | Chg30d=+6.76% | Revisions=+60% | Analysts=21
EPS current Year (2026-12-31): EPS=2.37 | Chg30d=+7.03% | Revisions=+78% | GrowthEPS=-2.1% | GrowthRev=+0.1%
EPS next Year (2027-12-31): EPS=2.90 | Chg30d=+6.27% | Revisions=+70% | GrowthEPS=+22.6% | GrowthRev=+5.9%
[Analyst] Revisions Ratio: +78%