Halliburton Company logo

Halliburton Company

HAL

NYSEEnergyOil & Gas Equipment & Services

Previous close

$35.34

−$0.35 · -0.98%

Aug 21, 4:00 PM ET

HAL company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

81

Deep Value

Momentum

40

Weakening

Sentiment

57

Mixed

Risk resilience

66

Moderate Risk

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Company profile

Company website

Halliburton Company (HAL) is a global supplier of products and services tailored for the energy sector. Its operations are structured into two primary divisions: Completion and Production, and Drilling and Evaluation. The Completion and Production segment focuses on enhancing well output through techniques like stimulation and sand control. It provides cementing services for well integrity, including casing and bonding, alongside a range of specialized downhole completion tools such as intelligent well systems, liner hangers, and multilateral solutions. This segment also supports production with offerings like coiled tubing, hydraulic workover units, pumping, and nitrogen services, in addition to managing pipeline and process services from initial setup (pre-commissioning, commissioning) through ongoing maintenance and eventual retirement (decommissioning). Furthermore, it supplies electrical submersible pumps and delivers artificial lift solutions. The Drilling and Evaluation segment offers a comprehensive suite of drilling fluids, including systems, performance additives, completion fluids, solids control, specialized testing equipment, and waste management services. It also provides chemicals and associated services for oilfield completion, production, and downstream water and process treatment. This division includes advanced drilling systems, wireline and perforating services encompassing open-hole logging and cased-hole slickline operations, and a variety of drill bits (e.g., roller cone, fixed cutter), hole enlargement tools, and coring services. Moreover, it leverages cloud-based digital services and artificial intelligence on an open architecture to deliver subsurface insights, streamline well construction, and optimize reservoir and production management. Specialized testing and subsea services are also offered for reservoir information analysis and optimization strategies, alongside project management and integrated asset management services. Founded in 1919, Halliburton Company maintains its headquarters in Houston, Texas.

Industry
Oil & Gas Equipment & Services
Sector
Energy
Headquarters
US
CEO
Jeffrey Allen Miller
Listed since
Jun 1, 1972
Employees
46,000

Market position

Day range

Current $35.34

52-week range

Current $35.34

Open
$35.85
Previous close
$35.69
Volume
8.78M
0.74× average
Average volume
11.84M
Average daily volume
Market cap
29.52B USD
Beta
0.75
Market reference 1
50-day average
$34.1824
+3.39% above average
200-day average
$34.3621
+2.85% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
29.64B USD
P/E (TTM)
18.49×
P/B (TTM)
2.68×
P/S (TTM)
1.32×
EV / EBITDA
7.19×
Earnings yield
5.41%
Free cash flow yield
7.05%
Dividend yield
1.92%

Profitability & efficiency

Gross margin
15.11%
Operating margin
11.44%
Net margin
7.16%
Return on equity
12.26%
Return on assets
5.13%
Return on invested capital
8.38%

Financial health

Debt / equity
0.74×
Current ratio
2.04×
Altman Z-score
3.58
Piotroski F-score
8 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends20%15%10%4%Gross margin, FY2021: 13.18%Gross margin, FY2022: 15.98%Gross margin, FY2023: 18.94%Gross margin, FY2024: 18.75%Gross margin, FY2025: 15.71%Operating margin, FY2021: 11.77%Operating margin, FY2022: 13.34%Operating margin, FY2023: 17.74%Operating margin, FY2024: 16.66%Operating margin, FY2025: 10.19%Net margin, FY2021: 9.53%Net margin, FY2022: 7.74%Net margin, FY2023: 11.46%Net margin, FY2024: 10.90%Net margin, FY2025: 5.78%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 13.18%. Gross margin FY2022 15.98%. Gross margin FY2023 18.94%. Gross margin FY2024 18.75%. Gross margin FY2025 15.71%. Operating margin FY2021 11.77%. Operating margin FY2022 13.34%. Operating margin FY2023 17.74%. Operating margin FY2024 16.66%. Operating margin FY2025 10.19%. Net margin FY2021 9.53%. Net margin FY2022 7.74%. Net margin FY2023 11.46%. Net margin FY2024 10.90%. Net margin FY2025 5.78%.

Income trends

Revenue

22.18B USD-3.31%

Operating income

2.26B USD-40.87%

Net income

1.28B USD-48.70%
Income trends across reported periods25.19B USD16.5B USD7.8B USD−890.5M USDRevenue, FY2021: 15.3B USDRevenue, FY2022: 20.3B USDRevenue, FY2023: 23.02B USDRevenue, FY2024: 22.94B USDRevenue, FY2025: 22.18B USDOperating income, FY2021: 1.8B USDOperating income, FY2022: 2.71B USDOperating income, FY2023: 4.08B USDOperating income, FY2024: 3.82B USDOperating income, FY2025: 2.26B USDNet income, FY2021: 1.46B USDNet income, FY2022: 1.57B USDNet income, FY2023: 2.64B USDNet income, FY2024: 2.5B USDNet income, FY2025: 1.28B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 15.3B USD. Revenue FY2022 20.3B USD. Revenue FY2023 23.02B USD. Revenue FY2024 22.94B USD. Revenue FY2025 22.18B USD. Operating income FY2021 1.8B USD. Operating income FY2022 2.71B USD. Operating income FY2023 4.08B USD. Operating income FY2024 3.82B USD. Operating income FY2025 2.26B USD. Net income FY2021 1.46B USD. Net income FY2022 1.57B USD. Net income FY2023 2.64B USD. Net income FY2024 2.5B USD. Net income FY2025 1.28B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue22.18B USD22.94B USD23.02B USD20.3B USD15.3B USD
Cost of goods sold18.7B USD18.64B USD18.66B USD17.05B USD13.28B USD
Gross profit3.48B USD4.3B USD4.36B USD3.24B USD2.02B USD
Research and development411M USD426M USD408M USD345M USD321M USD
Selling, general, and administrative239M USD239M USD226M USD240M USD204M USD
Operating expenses1.22B USD479M USD277M USD536M USD216M USD
Interest income97M USD81M USD29M USD9M USD
Interest expense352M USD353M USD578M USD492M USD529M USD
Depreciation and amortization1.14B USD1.08B USD998M USD940M USD904M USD
Operating income2.26B USD3.82B USD4.08B USD2.71B USD1.8B USD
Net income1.28B USD2.5B USD2.64B USD1.57B USD1.46B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
55%
6 beats, 4 misses, 1 met estimate
Average EPS surprise
+5.17%
11 comparable reports
Latest EPS result
0.55
Estimate 0.54 · Beat by 2.23%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.770.670.560.46Q1 '25MissQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 22, 2025: actual 0.7, estimate 0.73, surprise -4.11%, Miss. Q2 2025, reported Apr 22, 2025: actual 0.6, estimate 0.602, surprise -0.33%, Miss. Q3 2025, reported Jul 22, 2025: actual 0.55, estimate 0.552, surprise -0.36%, Miss. Q4 2025, reported Oct 21, 2025: actual 0.58, estimate 0.499, surprise +16.30%, Beat. Q1 2026, reported Jan 21, 2026: actual 0.69, estimate 0.551, surprise +25.23%, Beat. Q2 2026, reported Apr 21, 2026: actual 0.55, estimate 0.499, surprise +10.33%, Beat. Q3 2026, reported Jul 21, 2026: actual 0.55, estimate 0.538, surprise +2.23%, Beat. Q4 2026, reported Oct 20, 2026: actual —, estimate 0.58, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates5.94B5.64B5.34B5.05BQ1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 22, 2025: actual 5.61B USD, estimate 5.63B USD, surprise -0.41%, Miss. Q2 2025, reported Apr 22, 2025: actual 5.42B USD, estimate 5.27B USD, surprise +2.71%, Beat. Q3 2025, reported Jul 22, 2025: actual 5.51B USD, estimate 5.41B USD, surprise +1.91%, Beat. Q4 2025, reported Oct 21, 2025: actual 5.6B USD, estimate 5.39B USD, surprise +3.92%, Beat. Q1 2026, reported Jan 21, 2026: actual 5.66B USD, estimate 5.41B USD, surprise +4.62%, Beat. Q2 2026, reported Apr 21, 2026: actual 5.4B USD, estimate 5.31B USD, surprise +1.80%, Beat. Q3 2026, reported Jul 21, 2026: actual 5.71B USD, estimate 5.5B USD, surprise +3.97%, Beat. Q4 2026, reported Oct 20, 2026: actual —, estimate 5.58B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$42.78

21.05% upside
Past 12 months12-month forecastHigh $53.00Average $42.78Low $37.00

Rating distribution

64 ratings
Strong buy12%
Buy4672%
Hold1523%
Sell23%
Strong sell00%

Recent analyst actions

12 institutions
Argus ResearchmaintainBuy

HAL news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.68

2025 complete year+277.8% since 2021

2026 partial: $0.34

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jun 3, 2026

$0.17

Quarterly

Record Jun 3, 2026 · Payment Jun 24, 2026

Dividend

Ex-dividend Mar 4, 2026

$0.17

Quarterly

Record Mar 4, 2026 · Payment Mar 25, 2026

Dividend

Ex-dividend Dec 3, 2025

$0.17

Quarterly

Record Dec 3, 2025 · Payment Dec 24, 2025

Dividend

Ex-dividend Sep 3, 2025

$0.17

Quarterly

Record Sep 3, 2025 · Payment Sep 24, 2025

Dividend

Ex-dividend Jun 4, 2025

$0.17

Quarterly

Record Jun 4, 2025 · Payment Jun 25, 2025

Dividend

Ex-dividend Mar 5, 2025

$0.17

Quarterly

Record Mar 5, 2025 · Payment Mar 26, 2025

HAL peers

ETFs holding HAL

Funds reporting this stock among their holdings, ordered by reported position size.

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