(HAL) Halliburton - Ratings and Ratios
Cementing, Stimulation, Drilling Fluids, Wireline, Artificial Lift
EPS (Earnings per Share)
Revenue
| Risk via 10d forecast | |
|---|---|
| Volatility | 34.6% |
| Value at Risk 5%th | 54.7% |
| Relative Tail Risk | -3.94% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.26 |
| Alpha | -27.81 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.640 |
| Beta | 1.225 |
| Beta Downside | 1.842 |
| Drawdowns 3y | |
|---|---|
| Max DD | 54.01% |
| Mean DD | 25.19% |
| Median DD | 24.31% |
Description: HAL Halliburton October 16, 2025
Halliburton Company (NYSE: HAL) delivers a broad suite of products and services to the global energy sector, organized into two primary business segments: Completion & Production and Drilling & Evaluation.
The Completion & Production segment focuses on enhancing well output through stimulation, sand-control, cementing, and intelligent-completion tools, as well as artificial-lift solutions such as electric submersible pumps, coiled-tubing units, and specialty chemicals. It also provides pipeline-process services ranging from pre-commissioning to de-commissioning.
The Drilling & Evaluation segment supplies drilling-fluid systems, performance additives, solids-control equipment, and waste-management services, alongside wireline, perforating, and drill-bit technologies. It further offers cloud-based digital and AI platforms for subsurface analytics, integrated well-construction, and reservoir-management, plus testing, subsea, and project-management services.
Key financial and operational data (FY 2023) include approximately $14.9 billion in revenue, a 5-year average upstream services backlog of $7 billion, and a capital-expenditure intensity of roughly 6 % of sales, reflecting the capital-heavy nature of well-service projects. Halliburton’s earnings are highly sensitive to crude-oil price movements and rig-count trends, with a 1 % change in the WTI price historically correlating to a 0.6 % swing in quarterly revenue.
Sector-wide, the oil-field services market is being reshaped by the push toward digital oilfield solutions and the need for cost-efficient well-interventions as upstream operators seek to maintain production amid a volatile price environment and tightening ESG constraints.
For a deeper quantitative assessment of HAL’s valuation metrics, the ValueRay platform offers a data-driven dashboard you may find useful.
HAL Stock Overview
| Market Cap in USD | 22,696m |
| Sub-Industry | Oil & Gas Equipment & Services |
| IPO / Inception | 1972-06-01 |
| Return 12m vs S&P 500 | -25.8% |
| Analyst Rating | 4.10 of 5 |
HAL Dividends
| Metric | Value |
|---|---|
| Dividend Yield | 2.63% |
| Yield on Cost 5y | 4.28% |
| Yield CAGR 5y | 21.21% |
| Payout Consistency | 90.1% |
| Payout Ratio | 28.0% |
HAL Growth Ratios
| Metric | Value |
|---|---|
| CAGR 3y | -8.50% |
| CAGR/Max DD Calmar Ratio | -0.16 |
| CAGR/Mean DD Pain Ratio | -0.34 |
| Current Volume | 11071.5k |
| Average Volume | 9648.4k |
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income (1.31b TTM) > 0 and > 6% of Revenue (6% = 1.33b TTM) |
| FCFTA 0.07 (>2.0%) and ΔFCFTA -2.04pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 25.68% (prev 28.53%; Δ -2.85pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.13 (>3.0%) and CFO 3.22b > Net Income 1.31b (YES >=105%, WARN >=100%) |
| Net Debt (6.54b) to EBITDA (3.47b) ratio: 1.89 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.95 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (858.0m) change vs 12m ago -2.61% (target <= -2.0% for YES) |
| Gross Margin 16.20% (prev 19.10%; Δ -2.91pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 87.68% (prev 91.09%; Δ -3.41pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 5.61 (EBITDA TTM 3.47b / Interest Expense TTM 418.0m) >= 6 (WARN >= 3) |
Altman Z'' 5.19
| (A) 0.23 = (Total Current Assets 11.64b - Total Current Liabilities 5.95b) / Total Assets 25.16b |
| (B) 0.58 = Retained Earnings (Balance) 14.59b / Total Assets 25.16b |
| (C) 0.09 = EBIT TTM 2.35b / Avg Total Assets 25.25b |
| (D) 1.13 = Book Value of Equity 16.89b / Total Liabilities 14.92b |
| Total Rating: 5.19 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 43.06
| 1. Piotroski 4.50pt |
| 2. FCF Yield 6.41% |
| 3. FCF Margin 8.47% |
| 4. Debt/Equity 0.84 |
| 5. Debt/Ebitda 1.89 |
| 6. ROIC - WACC (= -6.48)% |
| 7. RoE 12.59% |
| 8. Rev. Trend -48.46% |
| 9. EPS Trend -69.39% |
What is the price of HAL shares?
Over the past week, the price has changed by -5.42%, over one month by +2.30%, over three months by +22.25% and over the past year by -16.66%.
Is HAL a buy, sell or hold?
- Strong Buy: 12
- Buy: 8
- Hold: 9
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the HAL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 30.1 | 16.7% |
| Analysts Target Price | 30.1 | 16.7% |
| ValueRay Target Price | 26 | 0.5% |
HAL Fundamental Data Overview November 19, 2025
P/E Trailing = 17.6291
P/E Forward = 11.8906
P/S = 1.0253
P/B = 2.2519
P/EG = 11.4241
Beta = 0.816
Revenue TTM = 22.14b USD
EBIT TTM = 2.35b USD
EBITDA TTM = 3.47b USD
Long Term Debt = 7.16b USD (from longTermDebt, last quarter)
Short Term Debt = 676.0m USD (from shortTermDebt, last quarter)
Debt = 8.57b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 6.54b USD (from netDebt column, last quarter)
Enterprise Value = 29.24b USD (22.70b + Debt 8.57b - CCE 2.03b)
Interest Coverage Ratio = 5.61 (Ebit TTM 2.35b / Interest Expense TTM 418.0m)
FCF Yield = 6.41% (FCF TTM 1.87b / Enterprise Value 29.24b)
FCF Margin = 8.47% (FCF TTM 1.87b / Revenue TTM 22.14b)
Net Margin = 5.91% (Net Income TTM 1.31b / Revenue TTM 22.14b)
Gross Margin = 16.20% ((Revenue TTM 22.14b - Cost of Revenue TTM 18.55b) / Revenue TTM)
Gross Margin QoQ = 15.39% (prev 14.86%)
Tobins Q-Ratio = 1.16 (Enterprise Value 29.24b / Total Assets 25.16b)
Interest Expense / Debt = 1.03% (Interest Expense 88.0m / Debt 8.57b)
Taxrate = 90.87% (199.0m / 219.0m)
NOPAT = 214.3m (EBIT 2.35b * (1 - 90.87%))
Current Ratio = 1.95 (Total Current Assets 11.64b / Total Current Liabilities 5.95b)
Debt / Equity = 0.84 (Debt 8.57b / totalStockholderEquity, last quarter 10.20b)
Debt / EBITDA = 1.89 (Net Debt 6.54b / EBITDA 3.47b)
Debt / FCF = 3.49 (Net Debt 6.54b / FCF TTM 1.87b)
Total Stockholder Equity = 10.40b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.20% (Net Income 1.31b / Total Assets 25.16b)
RoE = 12.59% (Net Income TTM 1.31b / Total Stockholder Equity 10.40b)
RoCE = 13.37% (EBIT 2.35b / Capital Employed (Equity 10.40b + L.T.Debt 7.16b))
RoIC = 1.19% (NOPAT 214.3m / Invested Capital 17.94b)
WACC = 7.67% (E(22.70b)/V(31.26b) * Re(10.53%) + D(8.57b)/V(31.26b) * Rd(1.03%) * (1-Tc(0.91)))
Discount Rate = 10.53% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -2.20%
[DCF Debug] Terminal Value 73.79% ; FCFE base≈2.09b ; Y1≈2.57b ; Y5≈4.39b
Fair Price DCF = 58.62 (DCF Value 49.34b / Shares Outstanding 841.6m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: -69.39 | EPS CAGR: -7.56% | SUE: 3.01 | # QB: 1
Revenue Correlation: -48.46 | Revenue CAGR: 0.12% | SUE: 1.93 | # QB: 3
Additional Sources for HAL Stock
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Fund Manager Positions: Dataroma | Stockcircle