Stocktoria

HALLIBURTON CO HAL

NYSE · stock · Oil & Gas Field Services, NEC · website · IPO 1948-09-15 · LEI

HALLIBURTON CO statistics & valuation

Market cap$28.6B
P / E22.3×
P / S1.3×
P / B2.7×
Dividend yield2.03%
Net margin5.8%
Return on equity12.2%
Net debt$5.0B
Net debt / EBITDA1.5×
Enterprise value USD$33.5B
EV / EBITDA9.9×
Earnings yield EBIT/EV6.7%
Return on capital11.6%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
-36.30% -2.20% 6.90% -5.00% -20.40% 9.50% 7.70% 11.50% 10.90% 5.80% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
-42.60% 6.70% 10.30% -2.00% -16.90% 11.80% 13.30% 17.70% 16.70% 10.20% 2016201720182019202020212022202320242025
Return on equity (%)
-61.00% -5.50% 17.40% -14.10% -59.10% 21.70% 19.70% 28.00% 23.70% 12.20% 2016201720182019202020212022202320242025
Shares outstanding
866.0M 873.0M 877.0M 878.0M 885.0M 896.0M 908.0M 902.0M 883.0M 853.0M 2016201720182019202020212022202320242025
Net debt ($)
$8.21B $8.09B $8.30B $8.05B $6.57B $6.08B $5.58B $5.37B $4.54B $4.95B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
-21.30% -1.80% 6.40% -4.50% -14.20% 6.50% 6.80% 10.70% 9.80% 5.10% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
1.29× 1.25× 1.08× 1.29× 1.83× 1.36× 0.99× 0.81× 0.68× 0.68× 2016201720182019202020212022202320242025
EPS ($)
-$6.69 -$0.53 $1.89 -$1.29 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

HALLIBURTON CO trades at about 17.6× earnings — above its 10-year norm (10-year range 9.7×–20.8×, median 14.3×).

9.7× 20.8×

Shaded band = 10-year range (9.7×–20.8×); dot = today's 17.6×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin10.2%16.7%17.7%13.3%11.8%-16.9%-2.0%10.3%6.7%-42.6%
Net margin5.8%10.9%11.5%7.7%9.5%-20.4%-5.0%6.9%-2.2%-36.3%
Return on assets5.1%9.8%10.7%6.8%6.5%-14.2%-4.5%6.4%-1.8%-21.3%
Return on equity12.2%23.7%28.0%19.7%21.7%-59.1%-14.1%17.4%-5.5%-61.0%
Debt / equity0.68×0.68×0.81×0.99×1.36×1.83×1.29×1.08×1.25×1.29×
Current ratio2.042.052.062.052.312.142.302.322.222.90

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.