HAL Stock Analysis: Halliburton | NYSE
Oil & Gas Equipment & Services | NYSE, USA | Market Cap: 29.694m USD | 12M Return: 36.9% | US4062161017 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 312M
EPS Trend: -94.5%
Qual. Beats: 0
Rev. Trend: -81.9%
Qual. Beats: 2
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Halliburton Company (NYSE: HAL) is a large-cap U.S.-based provider of products and services to the global energy industry, headquartered in Houston, Texas, and founded in 1919. It has been publicly traded since 1972 and operates within the Energy sectors Oil & Gas Equipment & Services sub-industry. The company is structured into two reporting segments: Completion and Production, which covers stimulation, cementing, artificial lift, specialty chemicals, and pipeline services, and Drilling and Evaluation, which encompasses drilling fluids, drill bits, wireline and perforating, testing and subsea services, and digital/AI-enabled subsurface solutions. Halliburton is widely regarded as one of the three major integrated oilfield services providers worldwide, serving upstream operators across exploration, development, and production phases.
- North America shale activity drives Completion and Production segment growth
- International offshore drilling demand boosts Drilling and Evaluation margins
- Oil price swings directly impact E&P customer capital spending levels
| Net Income: 2.00b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA -1.31 > 1.0 |
| NWC/Revenue: 27.26% < 20% (prev 25.68%; Δ 1.59% < -1%) |
| CFO/TA 0.10 > 3% & CFO 2.63b > Net Income 2.00b |
| Net Debt (7.39b) to EBITDA (4.04b): 1.83 < 3 |
| Current Ratio: 2.02 > 1.5 & < 3 |
| Outstanding Shares: last quarter (832.0m) vs 12m ago -2.12% < -2% |
| Gross Margin: 15.00% > 18% (prev 16.17%; Δ -1.17% > 0.5%) |
| Asset Turnover: 87.73% > 50% (prev 87.97%; Δ -0.24% > 0%) |
| Interest Coverage Ratio: 9.83 > 6 (EBIT TTM 2.86b / Interest Expense TTM 291.0m) |
| A: 0.24 (Total Current Assets 12.1b - Total Current Liabilities 6.01b) / Total Assets 26.1b |
| B: 0.61 (Retained Earnings 16.0b / Total Assets 26.1b) |
| C: 0.11 (EBIT TTM 2.86b / Avg Total Assets 25.6b) |
| D: 0.75 (Book Value of Equity 11.1b / Total Liabilities 14.9b) |
| Altman-Z'' = 5.08 = AAA |
| DSRI: 1.05 (Receivables 5.51b/5.16b, Revenue 22.5b/22.1b) |
| GMI: 1.08 (GM 16.17% / 15.00%) |
| AQI: 1.02 (AQ_t 0.30 / AQ_t-1 0.29) |
| SGI: 1.02 (Revenue 22.5b / 22.1b) |
| TATA: -0.02 (NI 2.00b - CFO 2.63b) / TA 26.1b) |
| Beneish M = -2.89 (Cap -4..+1) = A |
As of November 02, 2026, the stock is trading at USD 36.17 with a total of 7,871,197 shares traded. Over the past week, the price has changed by +3.58%, over one month by +14.68%, over three months by +14.85% and over the past year by +36.88%.
Current recommended Stop Loss: 34.80 (which is 3.8% or 1.4 ATR below the current price).
Halliburton has received a consensus analysts rating of 4.32. Therefore, it is recommended to buy HAL.
- StrongBuy: 16
- Buy: 6
- Hold: 5
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 43.7 | 20.8% |
P/E Trailing = 15.084
P/E Forward = 11.8064
P/S = 1.3211
P/B = 2.6604
P/EG = 0.7067
Revenue TTM = 22.5b USD
EBIT TTM = 2.86b USD
EBITDA TTM = 4.04b USD
Long Term Debt = 7.07b USD (from longTermDebt, last quarter)
Short Term Debt = 366.0m USD (from shortTermDebt, last quarter)
Debt = 9.23b USD (from shortLongTermDebtTotal, last quarter) + Leases 1.04b
Net Debt = 7.39b USD (calculated: Debt 9.23b - CCE 1.84b)
Enterprise Value = 37.1b USD (29.7b + Debt 9.23b - CCE 1.84b)
Interest Coverage Ratio = 9.83 (Ebit TTM 2.86b / Interest Expense TTM 291.0m)
EV/FCF = 23.18x (Enterprise Value 37.1b / FCF TTM 1.60b)
FCF Yield = 4.31% (FCF TTM 1.60b / Enterprise Value 37.1b)
FCF Margin = 7.12% (FCF TTM 1.60b / Revenue TTM 22.5b)
Net Margin = 8.90% (Net Income TTM 2.00b / Revenue TTM 22.5b)
Gross Margin = 15.00% ((Revenue TTM 22.5b - Cost of Revenue TTM 19.1b) / Revenue TTM)
Gross Margin QoQ = 14.87% (prev 14.07%)
Tobins Q-Ratio = 1.42 (Enterprise Value 37.1b / Total Assets 26.1b)
Interest Expense / Debt = 3.15% (Interest Expense 291.0m / Debt 9.23b)
Taxrate = 15.58% (371.0m / 2.38b)
NOPAT = 2.41b (EBIT 2.86b * (1 - 15.58%))
Current Ratio = 2.02 (Total Current Assets 12.1b / Total Current Liabilities 6.01b)
Debt / Equity = 0.83 (Debt 9.23b / totalStockholderEquity, last quarter 11.1b)
Debt / EBITDA = 1.83 (Net Debt 7.39b / EBITDA 4.04b)
Debt / FCF = 4.62 (Net Debt 7.39b / FCF TTM 1.60b)
Total Stockholder Equity = 10.8b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.81% (Net Income 2.00b / Total Assets 26.1b)
RoE = 18.46% (Net Income TTM 2.00b / Total Stockholder Equity 10.8b)
RoCE = 15.96% (EBIT 2.86b / Capital Employed (Equity 10.8b + L.T.Debt 7.07b))
RoIC = 12.51% (NOPAT 2.41b / Invested Capital 19.3b)
WACC = 6.63% (E(29.7b)/V(38.9b) * Re(7.86%) + D(9.23b)/V(38.9b) * Rd(3.15%) * (1-Tc(0.16)))
Discount Rate = 7.86% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -97.42 | Cagr: -2.76%
[DCF] Terminal Value 73.17% ; FCFF base≈1.71b ; Y1≈1.50b ; Y5≈1.22b
[DCF] Fair Price = 14.81 (EV 19.6b - Net Debt 7.39b = Equity 12.3b / Shares 827.1m; r=8.35% [WACC [floored]]; 5y FCF grow -14.62% → 2.50% )
EPS Correlation: -94.53 | EPS CAGR: -12.81% | SUE: 0.36 | # QB: 0
Revenue Correlation: -81.90 | Revenue CAGR: -1.66% | SUE: 0.95 | # QB: 2
EPS current Quarter (2027-03-31): EPS=0.62 | Chg30d=-0.13% | Revisions=+25% | Analysts=16
EPS current Year (2026-12-31): EPS=2.33 | Chg30d=-0.62% | Revisions=+0% | GrowthEPS=-3.6% | GrowthRev=+1.6%
EPS next Year (2027-12-31): EPS=2.94 | Chg30d=+1.11% | Revisions=-18% | GrowthEPS=+26.0% | GrowthRev=+5.3%
[Analyst] Revisions Ratio: -6% (up=7, down=8)