Halliburton (HAL) Financials

$21.25 +0.18 (+0.85%)

As of 04/14/2025 03:58 PM Eastern

Annual Income Statements for Halliburton

This table shows Halliburton's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	-671	-5,763	-463	1,656	-1,131	-2,945	1,457	1,572	2,638	2,501
Consolidated Net Income / (Loss)	-667	-5,769	-468	1,657	-1,129	-2,942	1,468	1,595	2,662	2,516
Net Income / (Loss) Continuing Operations	-662	-5,767	-449	1,657	-1,129	-2,942	1,468	1,595	2,662	2,516
Total Pre-Tax Income	-936	-7,625	682	1,814	-1,122	-3,220	1,252	2,110	3,363	3,234
Total Operating Income	-165	-6,770	1,374	2,467	-448	-2,436	1,800	2,707	4,083	3,822
Total Gross Profit	2,520	870	2,277	2,986	2,285	1,545	2,016	3,313	4,360	4,301
Total Revenue	23,633	15,887	20,620	23,995	22,408	14,445	15,295	20,297	23,018	22,944
Operating Revenue	23,633	15,887	20,620	23,995	22,408	14,445	15,295	20,297	23,018	22,944
Total Cost of Revenue	21,113	15,017	18,343	21,009	20,123	12,900	13,279	16,984	18,658	18,643
Operating Cost of Revenue	21,113	15,017	18,343	21,009	20,123	12,900	13,279	16,984	18,658	18,643
Total Operating Expenses	2,685	7,640	903	519	2,733	3,981	216	606	277	479
Selling, General & Admin Expense	200	226	256	254	227	182	204	240	226	239
Other Operating Expenses / (Income)	-	-	-	-	-	-	0.00	0.00	51	124
Restructuring Charge	2,485	7,414	647	265	2,506	3,799	12	366	0.00	116
Total Other Income / (Expense), net	-771	-855	-692	-653	-674	-784	-554	-597	-720	-588
Interest Expense	-	-	-	-	0.00	168	0.00	42	0.00	0.00
Interest & Investment Income	-447	-639	-593	-554	-569	-505	-520	-463	-395	-353
Other Income / (Expense), net	-324	-216	-99	-99	-105	-111	-34	-92	-325	-235
Income Tax Expense	-274	-1,858	1,131	157	7.00	-278	-216	515	701	718
Net Income / (Loss) Attributable to Noncontrolling Interest	4.00	-6.00	-5.00	1.00	2.00	3.00	11	23	24	15
Weighted Average Basic Shares Outstanding	853M	861M	870M	875M	875M	881M	892M	904M	899M	882M
Weighted Average Diluted Shares Outstanding	853M	861M	870M	877M	875M	881M	892M	908M	902M	883M
Weighted Average Basic & Diluted Shares Outstanding	853M	861M	870M	872.54M	875M	881M	892M	1.81B	1.78B	868.09M
Cash Dividends to Common per Share	$0.72	$0.72	$0.72	$0.72	$0.72	$0.32	$0.18	$0.48	$0.64	$0.68

This table shows Halliburton's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	544	656	651	610	716	661	606	709	571	615
Consolidated Net Income / (Loss)	549	665	655	622	724	661	609	713	580	614
Net Income / (Loss) Continuing Operations	549	665	655	720	724	563	609	713	580	614
Total Pre-Tax Income	705	842	829	783	916	835	787	920	734	793
Total Operating Income	846	976	977	1,011	1,037	1,058	987	1,032	871	932
Total Gross Profit	905	1,038	1,031	1,078	1,118	1,133	1,082	1,123	1,070	1,026
Total Revenue	5,357	5,582	5,677	5,798	5,804	5,739	5,804	5,833	5,697	5,610
Operating Revenue	5,357	5,582	5,677	5,798	5,804	5,739	5,804	5,833	5,697	5,610
Total Cost of Revenue	4,452	4,544	4,646	4,720	4,686	4,606	4,722	4,710	4,627	4,584
Operating Cost of Revenue	4,452	4,544	4,646	4,720	4,686	4,606	4,722	4,710	4,627	4,584
Total Operating Expenses	59	62	54	67	81	75	95	91	199	94
Selling, General & Admin Expense	59	62	54	54	58	60	61	62	55	61
Other Operating Expenses / (Income)	0.00	-	0.00	13	23	15	34	29	28	33
Total Other Income / (Expense), net	-141	-134	-148	-124	-121	-327	-200	-112	-137	-139
Interest & Investment Income	-93	-162	-101	-102	-94	-98	-92	-92	-85	-84
Other Income / (Expense), net	-48	28	-47	-22	-27	-229	-108	-20	-52	-55
Income Tax Expense	156	177	174	167	192	168	178	207	154	179
Net Income / (Loss) Attributable to Noncontrolling Interest	5.00	9.00	4.00	6.00	8.00	6.00	3.00	4.00	9.00	-1.00
Weighted Average Basic Shares Outstanding	908M	904M	904M	901M	898M	899M	889M	884M	881M	882M
Weighted Average Diluted Shares Outstanding	910M	908M	907M	903M	902M	902M	891M	886M	881M	883M
Weighted Average Basic & Diluted Shares Outstanding	1.82B	1.81B	1.80B	1.80B	1.79B	1.78B	1.77B	1.77B	878.50M	868.09M

This table details how cash moves in and out of Halliburton's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	7,786	-6,068	-1,672	-329	260	295	481	-698	-82	354
Net Cash From Operating Activities	2,906	-1,703	2,468	3,157	2,445	1,881	1,911	2,242	3,458	3,865
Net Cash From Continuing Operating Activities	2,906	-1,703	2,468	3,157	2,445	1,881	1,911	2,242	3,458	3,865
Net Income / (Loss) Continuing Operations	-667	-5,769	-468	1,657	-1,129	-2,942	1,468	1,595	2,662	2,516
Consolidated Net Income / (Loss)	-667	-5,769	-468	1,657	-1,129	-2,942	1,468	1,595	2,662	2,516
Depreciation Expense	1,835	1,503	1,556	1,606	1,625	1,058	904	940	998	1,079
Non-Cash Adjustments To Reconcile Net Income	944	2,832	1,272	614	2,650	3,759	-260	578	113	225
Changes in Operating Assets and Liabilities, net	794	-269	108	-720	-701	6.00	-201	-871	-315	45
Net Cash From Investing Activities	-2,192	-710	-1,927	-1,993	-1,445	-486	-534	-967	-1,659	-1,654
Net Cash From Continuing Investing Activities	-2,192	-710	-1,927	-1,993	-1,445	-486	-534	-967	-1,659	-1,654
Purchase of Property, Plant & Equipment	-2,184	-798	-1,373	-2,026	-1,530	-728	-799	-1,011	-1,379	-1,442
Purchase of Investments	-	-92	-	-	-	-	-5.00	-75	-492	-438
Sale of Property, Plant & Equipment	168	222	158	218	190	286	257	200	195	223
Sale and/or Maturity of Investments	-	96	-	-	-	0.00	87	0.00	131	214
Other Investing Activities, net	-137	-107	-84	2.00	-105	-44	-74	-81	-114	-211
Net Cash From Financing Activities	7,081	-3,540	-2,161	-1,419	-695	-1,007	-838	-1,798	-1,671	-1,730
Net Cash From Continuing Financing Activities	7,081	-3,540	-2,161	-1,419	-695	-1,007	-838	-1,798	-1,671	-1,730
Repayment of Debt	88	-3,171	-1,693	-584	-13	-1,654	-700	-1,242	-305	-100
Repurchase of Common Equity	-	0.00	0.00	-400	-100	-100	0.00	-250	-800	-1,005
Payment of Dividends	-614	-620	-626	-630	-630	-278	-161	-435	-576	-600
Issuance of Debt	7,440	65	-	0.00	-70	938	-56	-100	-126	-130
Other Financing Activities, net	167	186	158	195	118	87	79	229	136	105
Effect of Exchange Rate Changes	-9.00	-115	-52	-74	-45	-93	-58	-175	-210	-127
Cash Interest Paid	380	659	594	556	534	509	517	487	460	441
Cash Income Taxes Paid	370	-20	-178	178	363	300	214	354	616	538

This table details how cash moves in and out of Halliburton's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-249	369	-467	226	-69	228	-373	247	40	440
Net Cash From Operating Activities	753	1,163	122	1,052	874	1,410	487	1,081	841	1,456
Net Cash From Continuing Operating Activities	753	1,163	122	1,052	874	1,410	487	1,081	841	1,456
Net Income / (Loss) Continuing Operations	549	665	655	616	724	667	609	713	580	614
Consolidated Net Income / (Loss)	549	665	655	616	724	667	609	713	580	614
Depreciation Expense	234	236	241	245	256	256	263	271	270	275
Non-Cash Adjustments To Reconcile Net Income	67	226	-46	52	103	4.00	-44	121	271	-123
Changes in Operating Assets and Liabilities, net	-97	36	-728	139	-209	483	-341	-24	-280	690
Net Cash From Investing Activities	-230	-389	-295	-401	-428	-535	-381	-393	-436	-444
Net Cash From Continuing Investing Activities	-230	-389	-295	-401	-428	-535	-381	-393	-436	-444
Purchase of Property, Plant & Equipment	-251	-350	-268	-303	-409	-399	-330	-347	-339	-426
Purchase of Investments	-	-65	-	-	-31	-191	-	-	-38	-118
Sale of Property, Plant & Equipment	41	43	41	49	46	59	49	59	41	74
Sale and/or Maturity of Investments	-	-	-	-	9.00	19	-	-	14	77
Other Investing Activities, net	-20	-17	-68	32	-55	-23	-100	76	-136	-51
Net Cash From Financing Activities	-712	-343	-249	-395	-483	-544	-422	-416	-347	-545
Net Cash From Continuing Financing Activities	-712	-343	-249	-395	-483	-544	-422	-416	-347	-545
Repayment of Debt	-600	-	-	-	-	-155	-	-	-	-100
Repurchase of Common Equity	-46	-204	-100	-248	-198	-254	-250	-250	-196	-309
Payment of Dividends	-110	-108	-145	-144	-144	-143	-151	-151	-150	-148
Issuance of Debt	44	-260	-4.00	-3.00	9.00	-128	-21	-15	-1.00	-93
Effect of Exchange Rate Changes	-60	-62	-45	-30	-32	-103	-57	-25	-18	-27
Cash Interest Paid	140	103	127	101	127	105	118	100	118	105
Cash Income Taxes Paid	86	78	148	240	140	88	95	188	86	169

This table presents Halliburton's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	36,942	27,000	25,085	25,982	25,377	20,680	22,321	23,255	24,683	25,587
Total Current Assets	20,070	11,677	10,777	11,151	11,212	9,475	9,943	10,952	11,543	12,382
Cash & Equivalents	10,077	4,009	2,337	2,008	2,268	2,563	3,044	2,346	2,264	2,618
Accounts Receivable	5,317	3,922	5,036	5,234	4,577	3,071	3,666	4,627	4,860	5,117
Inventories, net	2,993	2,275	2,396	3,028	3,139	2,349	2,361	2,923	3,226	3,040
Other Current Assets	1,156	886	1,008	881	1,228	1,492	872	1,056	1,193	1,607
Plant, Property, & Equipment, net	12,117	8,532	8,521	8,873	7,310	4,325	4,326	4,348	4,900	5,113
Accumulated Depreciation	-	-	-	-	12,630	11,039	-	11,660	12,064	12,461
Total Noncurrent Assets	4,755	6,791	5,787	5,958	6,855	3,890	8,052	7,955	8,240	8,092
Goodwill	2,385	2,414	2,693	2,825	2,812	2,804	2,843	2,829	2,850	2,838
Noncurrent Deferred & Refundable Income Taxes	552	1,960	1,230	1,384	1,683	-	2,695	2,636	2,505	2,339
Other Noncurrent Operating Assets	1,818	2,417	1,864	1,749	2,360	1,910	2,514	2,490	2,885	2,915
Total Liabilities & Shareholders' Equity	36,942	27,000	25,085	25,982	25,377	20,680	22,321	23,255	24,683	25,587
Total Liabilities	21,447	17,552	16,736	16,438	17,352	15,697	15,593	15,278	15,250	15,039
Total Current Liabilities	5,337	4,023	4,862	4,802	4,878	4,421	4,306	5,345	5,608	6,050
Short-Term Debt	659	170	512	-	11	-	-	224	0.00	644
Accounts Payable	2,019	1,764	2,554	3,018	2,432	1,573	2,353	3,121	3,147	3,189
Current Deferred & Payable Income Tax Liabilities	293	218	231	248	310	508	553	294	390	449
Current Employee Benefit Liabilities	862	544	746	714	604	517	493	634	689	711
Other Taxes Payable	-	-	-	-	-	-	-	349	370	328
Other Current Liabilities	806	697	819	822	1,521	1,128	907	723	1,012	729
Total Noncurrent Liabilities	16,110	13,529	11,874	11,636	12,474	11,276	11,287	9,933	9,642	8,989
Long-Term Debt	14,687	12,214	10,430	10,312	10,316	9,132	9,127	7,928	7,636	7,160
Noncurrent Employee Benefit Liabilities	479	574	609	483	525	562	492	408	408	414
Other Noncurrent Operating Liabilities	944	741	835	841	1,633	1,582	1,668	1,597	1,598	1,415
Total Equity & Noncontrolling Interests	15,495	9,448	8,349	9,544	8,025	4,983	6,728	7,977	9,433	10,548
Total Preferred & Common Equity	15,462	9,409	8,322	9,522	8,012	4,974	6,713	7,948	9,391	10,506
Total Common Equity	15,462	9,409	8,322	9,522	8,012	4,974	6,713	7,948	9,391	10,506
Common Stock	2,951	2,875	2,880	2,882	2,812	2,666	2,697	2,714	2,726	2,741
Retained Earnings	20,524	14,141	12,668	13,739	11,989	8,691	9,710	10,572	12,536	14,332
Treasury Stock	-7,650	-7,153	-6,757	-6,744	-6,427	-6,021	-5,511	-5,108	-5,540	-6,214
Accumulated Other Comprehensive Income / (Loss)	-363	-454	-469	-355	-362	-362	-183	-230	-331	-353
Noncontrolling Interest	33	39	27	22	13	9.00	15	29	42	42

This table presents Halliburton's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Total Assets	22,563	23,255	23,619	24,073	24,442	24,683	24,654	25,152	25,331	25,587
Total Current Assets	10,411	10,952	11,245	11,443	11,600	11,543	11,423	11,878	12,043	12,382
Cash & Equivalents	1,977	2,346	1,879	2,105	2,036	2,264	1,891	2,138	2,178	2,618
Accounts Receivable	4,614	4,627	5,195	4,946	5,124	4,860	5,103	5,327	5,339	5,117
Inventories, net	2,842	2,923	3,133	3,241	3,336	3,226	3,258	3,282	3,194	3,040
Other Current Assets	978	1,056	1,038	1,151	1,104	1,193	1,171	1,131	1,332	1,607
Plant, Property, & Equipment, net	4,203	4,348	4,399	4,483	4,733	4,900	4,973	5,073	4,945	5,113
Accumulated Depreciation	11,503	11,660	-	-	-	12,064	-	-	-	12,461
Total Noncurrent Assets	7,949	7,955	7,975	8,147	8,109	8,240	8,258	8,201	8,343	8,092
Goodwill	2,828	2,829	2,829	2,840	2,850	2,850	2,850	2,858	2,838	2,838
Noncurrent Deferred & Refundable Income Taxes	2,653	2,636	2,574	2,570	2,517	2,505	2,472	2,420	2,446	2,339
Other Noncurrent Operating Assets	2,468	2,490	2,572	2,737	2,742	2,885	2,936	2,923	3,059	2,915
Total Liabilities & Shareholders' Equity	22,563	23,255	23,619	24,073	24,442	24,683	24,654	25,152	25,331	25,587
Total Liabilities	14,918	15,278	15,174	15,346	15,253	15,250	14,972	15,106	14,979	15,039
Total Current Liabilities	4,968	5,345	5,266	5,346	5,419	5,608	5,379	5,576	5,460	6,050
Short-Term Debt	-	224	-	-	-	0.00	-	-	-	644
Accounts Payable	3,064	3,121	3,180	3,188	3,238	3,147	3,092	3,295	3,009	3,189
Current Deferred & Payable Income Tax Liabilities	242	294	293	267	266	390	428	402	482	449
Current Employee Benefit Liabilities	538	634	474	567	643	689	542	619	690	711
Other Taxes Payable	293	349	299	350	332	370	311	294	281	328
Other Current Liabilities	831	723	1,020	974	940	1,012	1,006	966	998	729
Total Noncurrent Liabilities	9,950	9,933	9,908	10,000	9,834	9,642	9,593	9,530	9,519	8,989
Long-Term Debt	7,927	7,928	7,929	7,931	7,783	7,636	7,637	7,638	7,639	7,160
Noncurrent Employee Benefit Liabilities	473	408	377	385	392	408	381	375	392	414
Other Noncurrent Operating Liabilities	1,550	1,597	1,602	1,684	1,659	1,598	1,575	1,517	1,488	1,415
Total Equity & Noncontrolling Interests	7,645	7,977	8,445	8,727	9,189	9,433	9,682	10,046	10,352	10,548
Total Preferred & Common Equity	7,621	7,948	8,415	8,693	9,150	9,391	9,636	10,000	10,296	10,506
Total Common Equity	7,621	7,948	8,415	8,693	9,150	9,391	9,636	10,000	10,296	10,506
Common Stock	2,696	2,714	2,664	2,663	2,689	2,726	2,662	2,663	2,700	2,741
Retained Earnings	10,024	10,572	11,075	11,459	12,018	12,536	12,988	13,450	13,865	14,332
Treasury Stock	-4,918	-5,108	-5,095	-5,201	-5,330	-5,540	-5,682	-5,781	-5,940	-6,214
Accumulated Other Comprehensive Income / (Loss)	-181	-230	-229	-228	-227	-331	-332	-332	-329	-353
Noncontrolling Interest	24	29	30	34	39	42	46	46	56	42

This table displays calculated financial ratios and metrics derived from Halliburton's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-28.10%	-32.78%	29.79%	16.37%	-6.61%	-35.54%	5.88%	32.70%	13.41%	-0.32%
EBITDA Growth	-81.36%	-507.36%	151.63%	40.37%	-73.02%	-238.90%	279.32%	33.15%	33.78%	-1.89%
EBIT Growth	-109.60%	-1,328.63%	118.25%	85.73%	-123.35%	-360.58%	169.34%	48.07%	43.71%	-4.55%
NOPAT Growth	-103.11%	-4,003.03%	80.91%	349.12%	-113.92%	-443.75%	223.77%	-3.04%	57.94%	-8.00%
Net Income Growth	-119.05%	-764.92%	91.89%	454.06%	-168.14%	-160.58%	149.90%	8.65%	66.90%	-5.48%
EPS Growth	-119.22%	-746.84%	92.08%	456.60%	-168.25%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	-28.46%	-158.60%	244.92%	27.92%	-22.55%	-23.07%	1.59%	17.32%	54.24%	11.77%
Free Cash Flow Firm Growth	-9.96%	-298.35%	98.02%	3,920.54%	6.69%	253.13%	-128.18%	174.42%	105.71%	-7.49%
Invested Capital Growth	-4.69%	-14.16%	-4.88%	5.27%	-9.88%	-42.45%	38.39%	7.59%	7.41%	6.27%
Revenue Q/Q Growth	-13.50%	-6.26%	10.26%	-0.02%	-3.22%	-11.92%	7.30%	6.87%	0.69%	-0.56%
EBITDA Q/Q Growth	-51.89%	-1.80%	16.65%	7.14%	-68.59%	49.13%	34.71%	14.05%	-3.16%	1.46%
EBIT Q/Q Growth	-160.52%	-1.17%	45.22%	11.07%	-131.82%	38.30%	63.52%	19.84%	-4.45%	1.36%
NOPAT Q/Q Growth	-116.33%	-0.37%	-210.86%	778.80%	-117.02%	38.98%	162.41%	-13.92%	2.34%	-3.96%
Net Income Q/Q Growth	-352.65%	-2.25%	-329.41%	910.37%	-194.64%	32.66%	254.59%	-9.22%	-0.15%	-1.83%
EPS Q/Q Growth	-363.33%	0.00%	0.00%	894.74%	-194.85%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	-8.33%	9.27%	-1.91%	-4.79%	14.79%	-21.95%	2.36%	27.31%	7.69%	1.20%
Free Cash Flow Firm Q/Q Growth	-69.50%	59.45%	-102.78%	21.01%	91.37%	83.27%	-163.11%	401.87%	21.62%	-7.86%
Invested Capital Q/Q Growth	9.05%	-4.95%	-7.28%	2.46%	-13.08%	-28.32%	12.06%	1.38%	-0.88%	-0.50%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	10.66%	5.48%	11.04%	12.44%	10.20%	10.70%	13.18%	16.32%	18.94%	18.75%
EBITDA Margin	5.70%	-34.51%	13.73%	16.56%	4.78%	-10.31%	17.46%	17.51%	20.66%	20.34%
Operating Margin	-0.70%	-42.61%	6.66%	10.28%	-2.00%	-16.86%	11.77%	13.34%	17.74%	16.66%
EBIT Margin	-2.07%	-43.97%	6.18%	9.87%	-2.47%	-17.63%	11.55%	12.88%	16.33%	15.63%
Profit (Net Income) Margin	-2.82%	-36.31%	-2.27%	6.91%	-5.04%	-20.37%	9.60%	7.86%	11.56%	10.97%
Tax Burden Percent	71.26%	75.66%	-68.62%	91.35%	100.62%	91.37%	117.25%	75.59%	79.16%	77.80%
Interest Burden Percent	191.41%	109.15%	53.49%	76.60%	202.89%	126.42%	70.89%	80.69%	89.49%	90.16%
Effective Tax Rate	0.00%	0.00%	165.84%	8.65%	0.00%	0.00%	-17.25%	24.41%	20.84%	22.20%
Return on Invested Capital (ROIC)	-0.54%	-24.56%	-5.20%	12.95%	-1.85%	-13.46%	19.13%	15.39%	22.61%	19.47%
ROIC Less NNEP Spread (ROIC-NNEP)	-10.80%	-39.66%	-0.06%	5.90%	-11.81%	-33.51%	6.72%	7.80%	12.41%	10.81%
Return on Net Nonoperating Assets (RNNOA)	-3.65%	-21.69%	-0.06%	5.57%	-11.00%	-31.78%	5.94%	6.30%	7.97%	5.71%
Return on Equity (ROE)	-4.20%	-46.26%	-5.26%	18.52%	-12.85%	-45.23%	25.07%	21.69%	30.58%	25.18%
Cash Return on Invested Capital (CROIC)	4.26%	-9.32%	-0.20%	7.81%	8.55%	40.42%	-13.08%	8.08%	15.46%	13.39%
Operating Return on Assets (OROA)	-1.42%	-21.85%	4.90%	9.27%	-2.15%	-11.06%	8.21%	11.48%	15.68%	14.27%
Return on Assets (ROA)	-1.93%	-18.04%	-1.80%	6.49%	-4.40%	-12.78%	6.83%	7.00%	11.11%	10.01%
Return on Common Equity (ROCE)	-4.19%	-46.12%	-5.24%	18.47%	-12.83%	-45.16%	25.02%	21.63%	30.46%	25.08%
Return on Equity Simple (ROE_SIMPLE)	-4.31%	-61.31%	-5.62%	17.40%	-14.09%	-59.15%	21.87%	20.07%	28.35%	23.95%
Net Operating Profit after Tax (NOPAT)	-116	-4,739	-905	2,253	-314	-1,705	2,111	2,046	3,232	2,973
NOPAT Margin	-0.49%	-29.83%	-4.39%	9.39%	-1.40%	-11.80%	13.80%	10.08%	14.04%	12.96%
Net Nonoperating Expense Percent (NNEP)	10.25%	15.10%	-5.14%	7.06%	9.97%	20.06%	12.41%	7.59%	10.20%	8.67%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	12.69%	18.93%	16.20%
Cost of Revenue to Revenue	89.34%	94.52%	88.96%	87.56%	89.80%	89.30%	86.82%	83.68%	81.06%	81.25%
SG&A Expenses to Revenue	0.85%	1.42%	1.24%	1.06%	1.01%	1.26%	1.33%	1.18%	0.98%	1.04%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	11.36%	48.09%	4.38%	2.16%	12.20%	27.56%	1.41%	2.99%	1.20%	2.09%
Earnings before Interest and Taxes (EBIT)	-489	-6,986	1,275	2,368	-553	-2,547	1,766	2,615	3,758	3,587
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,346	-5,483	2,831	3,974	1,072	-1,489	2,670	3,555	4,756	4,666
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.62	4.36	4.57	2.22	2.51	3.21	2.94	4.32	3.37	2.27
Price to Tangible Book Value (P/TBV)	1.92	5.86	6.75	3.16	3.87	7.36	5.10	6.71	4.84	3.12
Price to Revenue (P/Rev)	1.06	2.58	1.84	0.88	0.90	1.11	1.29	1.69	1.38	1.04
Price to Earnings (P/E)	0.00	0.00	0.00	12.76	0.00	0.00	13.55	21.86	12.01	9.55
Dividend Yield	2.45%	1.52%	1.65%	2.98%	3.14%	1.74%	0.82%	1.27%	1.81%	2.50%
Earnings Yield	0.00%	0.00%	0.00%	7.84%	0.00%	0.00%	7.38%	4.57%	8.33%	10.47%
Enterprise Value to Invested Capital (EV/IC)	1.47	2.77	2.75	1.65	1.75	2.44	2.02	2.92	2.51	1.85
Enterprise Value to Revenue (EV/Rev)	1.29	3.11	2.26	1.23	1.26	1.56	1.69	1.98	1.61	1.27
Enterprise Value to EBITDA (EV/EBITDA)	22.60	0.00	16.48	7.41	26.32	0.00	9.68	11.31	7.80	6.24
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	36.59	12.44	0.00	0.00	14.63	15.37	9.87	8.12
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	13.07	0.00	0.00	12.24	19.65	11.48	9.79
Enterprise Value to Operating Cash Flow (EV/OCF)	10.47	0.00	18.90	9.33	11.54	11.99	13.52	17.93	10.73	7.53
Enterprise Value to Free Cash Flow (EV/FCFF)	33.56	0.00	0.00	21.67	19.45	4.40	0.00	37.42	16.79	14.24
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.99	1.31	1.31	1.08	1.29	1.83	1.36	1.02	0.81	0.74
Long-Term Debt to Equity	0.95	1.29	1.25	1.08	1.29	1.83	1.36	0.99	0.81	0.68
Financial Leverage	0.34	0.55	0.95	0.95	0.93	0.95	0.88	0.81	0.64	0.53
Leverage Ratio	2.17	2.56	2.93	2.85	2.92	3.54	3.67	3.10	2.75	2.52
Compound Leverage Factor	4.16	2.80	1.57	2.19	5.93	4.48	2.60	2.50	2.46	2.27
Debt to Total Capital	49.76%	56.72%	56.72%	51.93%	56.27%	64.70%	57.57%	50.54%	44.74%	42.52%
Short-Term Debt to Total Capital	2.14%	0.78%	2.65%	0.00%	0.06%	0.00%	0.00%	1.39%	0.00%	3.51%
Long-Term Debt to Total Capital	47.62%	55.95%	54.07%	51.93%	56.21%	64.70%	57.57%	49.15%	44.74%	39.01%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.11%	0.18%	0.14%	0.11%	0.07%	0.06%	0.09%	0.18%	0.25%	0.23%
Common Equity to Total Capital	50.13%	43.10%	43.14%	47.96%	43.66%	35.24%	42.34%	49.28%	55.02%	57.25%
Debt to EBITDA	11.40	-2.26	3.87	2.59	9.63	-6.13	3.42	2.29	1.61	1.67
Net Debt to EBITDA	3.91	-1.53	3.04	2.09	7.52	-4.41	2.28	1.63	1.13	1.11
Long-Term Debt to EBITDA	10.91	-2.23	3.68	2.59	9.62	-6.13	3.42	2.23	1.61	1.53
Debt to NOPAT	-132.87	-2.61	-12.10	4.58	-32.93	-5.36	4.32	3.98	2.36	2.62
Net Debt to NOPAT	-45.62	-1.77	-9.51	3.69	-25.70	-3.85	2.88	2.84	1.66	1.74
Long-Term Debt to NOPAT	-127.16	-2.58	-11.53	4.58	-32.90	-5.36	4.32	3.87	2.36	2.41
Altman Z-Score	2.56	2.21	3.34	3.03	2.47	1.78	2.62	3.52	3.68	3.39
Noncontrolling Interest Sharing Ratio	0.20%	0.29%	0.37%	0.27%	0.20%	0.17%	0.20%	0.30%	0.41%	0.42%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.76	2.90	2.22	2.32	2.30	2.14	2.31	2.05	2.06	2.05
Quick Ratio	2.88	1.97	1.52	1.51	1.40	1.27	1.56	1.30	1.27	1.28
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	907	-1,798	-36	1,359	1,450	5,122	-1,443	1,074	2,210	2,044
Operating Cash Flow to CapEx	144.15%	-295.66%	203.13%	174.61%	182.46%	425.57%	352.58%	276.45%	292.06%	317.06%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	30.49	0.00	25.58	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	11.20	0.00	53.38	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	8.57	0.00	34.07	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.68	0.50	0.79	0.94	0.87	0.63	0.71	0.89	0.96	0.91
Accounts Receivable Turnover	3.67	3.44	4.60	4.67	4.57	3.78	4.54	4.90	4.85	4.60
Inventory Turnover	6.43	5.70	7.85	7.75	6.53	4.70	5.64	6.43	6.07	5.95
Fixed Asset Turnover	1.92	1.54	2.42	2.76	2.77	2.48	3.54	4.68	4.98	4.58
Accounts Payable Turnover	8.74	7.94	8.50	7.54	7.38	6.44	6.76	6.21	5.95	5.88
Days Sales Outstanding (DSO)	99.47	106.13	79.28	78.11	79.90	96.63	80.39	74.57	75.22	79.36
Days Inventory Outstanding (DIO)	56.74	64.02	46.47	47.12	55.93	77.64	64.73	56.78	60.15	61.34
Days Payable Outstanding (DPO)	41.78	45.97	42.96	48.40	49.43	56.66	53.96	58.82	61.31	62.02
Cash Conversion Cycle (CCC)	114.43	124.18	82.80	76.83	86.41	117.61	91.16	72.52	74.05	78.67
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	20,764	17,823	16,954	17,848	16,084	9,257	12,811	13,783	14,805	15,734
Invested Capital Turnover	1.11	0.82	1.19	1.38	1.32	1.14	1.39	1.53	1.61	1.50
Increase / (Decrease) in Invested Capital	-1,022	-2,941	-869	894	-1,764	-6,827	3,554	972	1,022	929
Enterprise Value (EV)	30,422	49,434	46,649	29,462	28,213	22,556	25,834	40,205	37,099	29,114
Market Capitalization	25,120	41,020	38,017	21,136	20,141	15,978	19,736	34,370	31,685	23,886
Book Value per Share	$18.07	$10.88	$9.54	$10.87	$9.13	$5.63	$7.50	$8.75	$10.49	$11.96
Tangible Book Value per Share	$15.28	$8.09	$6.45	$7.64	$5.92	$2.45	$4.32	$5.64	$7.31	$8.73
Total Capital	30,841	21,832	19,291	19,856	18,352	14,115	15,855	16,129	17,069	18,352
Total Debt	15,346	12,384	10,942	10,312	10,327	9,132	9,127	8,152	7,636	7,804
Total Long-Term Debt	14,687	12,214	10,430	10,312	10,316	9,132	9,127	7,928	7,636	7,160
Net Debt	5,269	8,375	8,605	8,304	8,059	6,569	6,083	5,806	5,372	5,186
Capital Expenditures (CapEx)	2,016	576	1,215	1,808	1,340	442	542	811	1,184	1,219
Debt-free, Cash-free Net Working Capital (DFCFNWC)	5,315	3,815	4,090	4,341	4,077	2,491	2,593	3,485	3,671	4,358
Debt-free Net Working Capital (DFNWC)	15,392	7,824	6,427	6,349	6,345	5,054	5,637	5,831	5,935	6,976
Net Working Capital (NWC)	14,733	7,654	5,915	6,349	6,334	5,054	5,637	5,607	5,935	6,332
Net Nonoperating Expense (NNE)	552	1,030	-437	596	815	1,237	643	451	570	457
Net Nonoperating Obligations (NNO)	5,269	8,375	8,605	8,304	8,059	4,274	6,083	5,806	5,372	5,186
Total Depreciation and Amortization (D&A)	1,835	1,503	1,556	1,606	1,625	1,058	904	940	998	1,079
Debt-free, Cash-free Net Working Capital to Revenue	22.49%	24.01%	19.84%	18.09%	18.19%	17.24%	16.95%	17.17%	15.95%	18.99%
Debt-free Net Working Capital to Revenue	65.13%	49.25%	31.17%	26.46%	28.32%	34.99%	36.86%	28.73%	25.78%	30.40%
Net Working Capital to Revenue	62.34%	48.18%	28.69%	26.46%	28.27%	34.99%	36.86%	27.62%	25.78%	27.60%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.79)	($6.69)	$0.00	$0.00	$0.00	($3.34)	$1.63	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	853M	861M	874.91M	875M	875M	881M	1.80B	904M	899M	882M
Adjusted Diluted Earnings per Share	($0.79)	($6.69)	($0.53)	$1.89	($1.29)	($3.34)	$1.63	$0.00	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	853M	861M	874.91M	877M	875M	881M	1.80B	908M	902M	883M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	($3.34)	$1.63	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	858.34M	866.93M	870M	872.54M	879.91M	1.78B	892M	1.81B	1.78B	868.09M
Normalized Net Operating Profit after Tax (NOPAT)	1,624	451	1,415	2,496	1,441	954	1,268	2,323	3,232	3,064
Normalized NOPAT Margin	6.87%	2.84%	6.86%	10.40%	6.43%	6.61%	8.29%	11.44%	14.04%	13.35%
Pre Tax Income Margin	-3.96%	-48.00%	3.31%	7.56%	-5.01%	-22.29%	8.19%	10.40%	14.61%	14.10%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	-15.16	0.00	62.26	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	-10.15	0.00	48.72	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	-17.79	0.00	42.95	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	-12.78	0.00	29.41	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-92.05%	-10.75%	-133.76%	38.02%	-55.80%	-9.45%	10.97%	27.27%	21.64%	23.85%
Augmented Payout Ratio	-92.05%	-10.75%	-133.76%	62.16%	-64.66%	-12.85%	10.97%	42.95%	51.69%	63.79%

This table displays calculated financial ratios and metrics derived from Halliburton's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	38.78%	30.51%	32.52%	14.27%	8.34%	2.81%	2.24%	0.60%	-1.84%	-2.25%
EBITDA Growth	57.32%	54.61%	64.24%	116.49%	22.67%	-12.50%	-2.48%	3.97%	-13.98%	6.18%
EBIT Growth	84.72%	75.83%	93.35%	197.89%	26.57%	-17.43%	-5.48%	2.33%	-18.91%	5.79%
NOPAT Growth	94.49%	-29.16%	89.97%	319.88%	24.41%	9.64%	-1.06%	0.56%	-16.03%	-14.61%
Net Income Growth	128.75%	-19.59%	148.11%	431.62%	31.88%	-0.60%	-7.02%	14.63%	-19.89%	-7.11%
EPS Growth	130.77%	0.00%	148.28%	466.67%	31.67%	0.00%	-5.56%	17.65%	-17.72%	0.00%
Operating Cash Flow Growth	22.04%	70.53%	344.00%	179.79%	16.07%	21.24%	299.18%	2.76%	-3.78%	3.26%
Free Cash Flow Firm Growth	-182.57%	91.84%	49.96%	63.35%	65.34%	12.08%	46.11%	37.80%	63.80%	-17.25%
Invested Capital Growth	18.92%	7.59%	8.10%	8.22%	9.86%	7.41%	6.44%	6.82%	5.87%	6.27%
Revenue Q/Q Growth	5.58%	4.20%	1.70%	2.13%	0.10%	-1.12%	1.13%	0.50%	-2.33%	-1.53%
EBITDA Q/Q Growth	81.05%	20.16%	-5.56%	5.38%	2.59%	-14.30%	-6.55%	12.35%	-15.12%	5.79%
EBIT Q/Q Growth	140.36%	25.81%	-7.37%	6.34%	2.12%	-17.92%	-9.01%	15.13%	-19.07%	7.08%
NOPAT Q/Q Growth	247.78%	17.01%	0.14%	3.04%	3.05%	3.11%	-9.63%	4.72%	-13.95%	4.85%
Net Income Q/Q Growth	369.23%	21.13%	-1.50%	-5.04%	16.40%	-8.70%	-8.70%	17.08%	-18.65%	5.86%
EPS Q/Q Growth	400.00%	0.00%	0.00%	-5.56%	16.18%	0.00%	0.00%	17.65%	-18.75%	0.00%
Operating Cash Flow Q/Q Growth	100.27%	54.45%	-89.51%	762.30%	-16.92%	61.33%	-65.46%	121.97%	-22.20%	73.13%
Free Cash Flow Firm Q/Q Growth	-77.47%	86.63%	-56.12%	1.09%	-67.84%	66.08%	61.44%	-14.16%	2.31%	-9.87%
Invested Capital Q/Q Growth	1.10%	1.38%	5.17%	0.40%	2.63%	-0.88%	2.40%	0.76%	1.72%	-0.50%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	16.89%	18.60%	18.16%	18.59%	19.26%	19.74%	18.64%	19.25%	18.78%	18.29%
EBITDA Margin	19.26%	22.21%	20.63%	21.28%	21.81%	18.91%	19.68%	22.00%	19.12%	20.53%
Operating Margin	15.79%	17.48%	17.21%	17.44%	17.87%	18.44%	17.01%	17.69%	15.29%	16.61%
EBIT Margin	14.90%	17.99%	16.38%	17.06%	17.40%	14.45%	15.14%	17.35%	14.38%	15.63%
Profit (Net Income) Margin	10.25%	11.91%	11.54%	10.73%	12.47%	11.52%	10.49%	12.22%	10.18%	10.94%
Tax Burden Percent	77.87%	78.98%	79.01%	79.44%	79.04%	79.16%	77.38%	77.50%	79.02%	77.43%
Interest Burden Percent	88.35%	83.86%	89.14%	79.17%	90.69%	100.72%	89.53%	90.91%	89.62%	90.42%
Effective Tax Rate	22.13%	21.02%	20.99%	21.33%	20.96%	20.12%	22.62%	22.50%	20.98%	22.57%
Return on Invested Capital (ROIC)	18.66%	21.08%	21.14%	21.96%	22.63%	23.71%	20.36%	21.12%	18.13%	19.33%
ROIC Less NNEP Spread (ROIC-NNEP)	16.79%	19.30%	19.26%	19.10%	21.00%	20.42%	17.73%	19.59%	16.20%	17.29%
Return on Net Nonoperating Assets (RNNOA)	14.71%	15.60%	15.46%	14.59%	14.59%	13.11%	11.54%	11.82%	9.29%	9.14%
Return on Equity (ROE)	33.38%	36.68%	36.60%	36.55%	37.22%	36.82%	31.90%	32.94%	27.42%	28.46%
Cash Return on Invested Capital (CROIC)	1.71%	8.08%	9.54%	13.51%	12.74%	15.46%	15.31%	14.85%	14.43%	13.39%
Operating Return on Assets (OROA)	12.98%	16.02%	15.55%	16.44%	16.93%	13.87%	14.52%	16.34%	13.33%	14.27%
Return on Assets (ROA)	8.93%	10.61%	10.95%	10.34%	12.13%	11.06%	10.06%	11.51%	9.44%	9.99%
Return on Common Equity (ROCE)	33.29%	36.57%	36.49%	36.43%	37.08%	36.67%	31.76%	32.80%	27.29%	28.34%
Return on Equity Simple (ROE_SIMPLE)	23.05%	0.00%	23.60%	28.66%	29.14%	0.00%	27.15%	27.07%	24.89%	0.00%
Net Operating Profit after Tax (NOPAT)	659	771	772	795	820	845	764	800	688	722
NOPAT Margin	12.30%	13.81%	13.60%	13.72%	14.12%	14.73%	13.16%	13.71%	12.08%	12.86%
Net Nonoperating Expense Percent (NNEP)	1.88%	1.78%	1.88%	2.86%	1.64%	3.29%	2.62%	1.53%	1.93%	2.04%
Return On Investment Capital (ROIC_SIMPLE)	-	4.78%	-	-	-	4.95%	-	-	-	3.93%
Cost of Revenue to Revenue	83.11%	81.40%	81.84%	81.41%	80.74%	80.26%	81.36%	80.75%	81.22%	81.71%
SG&A Expenses to Revenue	1.10%	1.11%	0.95%	0.93%	1.00%	1.05%	1.05%	1.06%	0.97%	1.09%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	1.10%	1.11%	0.95%	1.16%	1.40%	1.31%	1.64%	1.56%	3.49%	1.68%
Earnings before Interest and Taxes (EBIT)	798	1,004	930	989	1,010	829	879	1,012	819	877
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,032	1,240	1,171	1,234	1,266	1,085	1,142	1,283	1,089	1,152
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.85	4.32	3.34	3.36	3.90	3.37	3.66	2.99	2.49	2.27
Price to Tangible Book Value (P/TBV)	4.54	6.71	5.03	4.99	5.66	4.84	5.20	4.19	3.44	3.12
Price to Revenue (P/Rev)	1.15	1.69	1.29	1.30	1.56	1.38	1.52	1.29	1.11	1.04
Price to Earnings (P/E)	12.50	21.86	14.33	11.87	13.55	12.01	13.61	11.11	10.07	9.55
Dividend Yield	1.69%	1.27%	1.67%	1.73%	1.51%	1.81%	1.65%	1.95%	2.31%	2.50%
Earnings Yield	8.00%	4.57%	6.98%	8.42%	7.38%	8.33%	7.35%	9.00%	9.93%	10.47%
Enterprise Value to Invested Capital (EV/IC)	2.04	2.92	2.36	2.41	2.78	2.51	2.66	2.28	1.97	1.85
Enterprise Value to Revenue (EV/Rev)	1.46	1.98	1.58	1.57	1.81	1.61	1.77	1.53	1.35	1.27
Enterprise Value to EBITDA (EV/EBITDA)	8.90	11.31	8.51	7.50	8.44	7.80	8.69	7.42	6.78	6.24
Enterprise Value to EBIT (EV/EBIT)	12.71	15.37	11.15	9.43	10.54	9.87	11.08	9.50	8.81	8.12
Enterprise Value to NOPAT (EV/NOPAT)	11.67	19.65	14.13	11.71	13.13	11.48	12.74	10.98	10.07	9.79
Enterprise Value to Operating Cash Flow (EV/OCF)	15.75	17.93	14.15	11.35	12.91	10.73	10.74	9.20	8.16	7.53
Enterprise Value to Free Cash Flow (EV/FCFF)	129.54	37.42	25.66	18.55	22.82	16.79	17.93	15.86	14.04	14.24
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.04	1.02	0.94	0.91	0.85	0.81	0.79	0.76	0.74	0.74
Long-Term Debt to Equity	1.04	0.99	0.94	0.91	0.85	0.81	0.79	0.76	0.74	0.68
Financial Leverage	0.88	0.81	0.80	0.76	0.69	0.64	0.65	0.60	0.57	0.53
Leverage Ratio	3.27	3.10	2.95	2.93	2.79	2.75	2.66	2.62	2.55	2.52
Compound Leverage Factor	2.89	2.60	2.63	2.32	2.53	2.77	2.38	2.38	2.28	2.27
Debt to Total Capital	50.91%	50.54%	48.42%	47.61%	45.86%	44.74%	44.10%	43.19%	42.46%	42.52%
Short-Term Debt to Total Capital	0.00%	1.39%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.51%
Long-Term Debt to Total Capital	50.91%	49.15%	48.42%	47.61%	45.86%	44.74%	44.10%	43.19%	42.46%	39.01%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.15%	0.18%	0.18%	0.20%	0.23%	0.25%	0.27%	0.26%	0.31%	0.23%
Common Equity to Total Capital	48.94%	49.28%	51.39%	52.19%	53.91%	55.02%	55.64%	56.55%	57.23%	57.25%
Debt to EBITDA	2.54	2.29	1.98	1.70	1.58	1.61	1.62	1.60	1.66	1.67
Net Debt to EBITDA	1.91	1.63	1.51	1.25	1.17	1.13	1.22	1.15	1.19	1.11
Long-Term Debt to EBITDA	2.54	2.23	1.98	1.70	1.58	1.61	1.62	1.60	1.66	1.53
Debt to NOPAT	3.33	3.98	3.28	2.65	2.46	2.36	2.37	2.37	2.47	2.62
Net Debt to NOPAT	2.50	2.84	2.50	1.94	1.82	1.66	1.78	1.70	1.76	1.74
Long-Term Debt to NOPAT	3.33	3.87	3.28	2.65	2.46	2.36	2.37	2.37	2.47	2.41
Altman Z-Score	2.74	3.29	3.12	3.18	3.47	3.29	3.50	3.29	3.12	3.04
Noncontrolling Interest Sharing Ratio	0.27%	0.30%	0.30%	0.33%	0.37%	0.41%	0.42%	0.43%	0.49%	0.42%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.10	2.05	2.14	2.14	2.14	2.06	2.12	2.13	2.21	2.05
Quick Ratio	1.33	1.30	1.34	1.32	1.32	1.27	1.30	1.34	1.38	1.28
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-1,504	-201	-314	-311	-521	-177	-169	-193	-189	-207
Operating Cash Flow to CapEx	358.57%	378.83%	53.74%	414.17%	240.77%	414.71%	173.31%	375.35%	282.21%	413.64%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.87	0.89	0.95	0.96	0.97	0.96	0.96	0.94	0.93	0.91
Accounts Receivable Turnover	5.15	4.90	4.70	4.80	4.70	4.85	4.50	4.51	4.41	4.60
Inventory Turnover	6.20	6.43	6.28	6.23	6.02	6.07	5.86	5.74	5.72	5.95
Fixed Asset Turnover	4.50	4.68	5.00	5.18	5.12	4.98	4.94	4.85	4.77	4.58
Accounts Payable Turnover	6.35	6.21	6.25	6.14	5.90	5.95	5.97	5.78	5.98	5.88
Days Sales Outstanding (DSO)	70.86	74.57	77.59	76.02	77.74	75.22	81.20	80.88	82.76	79.36
Days Inventory Outstanding (DIO)	58.87	56.78	58.13	58.59	60.63	60.15	62.26	63.58	63.85	61.34
Days Payable Outstanding (DPO)	57.50	58.82	58.43	59.46	61.85	61.31	61.10	63.19	61.08	62.02
Cash Conversion Cycle (CCC)	72.23	72.52	77.28	75.15	76.52	74.05	82.36	81.27	85.53	78.67
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	13,595	13,783	14,495	14,553	14,936	14,805	15,428	15,546	15,813	15,734
Invested Capital Turnover	1.52	1.53	1.55	1.60	1.60	1.61	1.55	1.54	1.50	1.50
Increase / (Decrease) in Invested Capital	2,163	972	1,086	1,106	1,341	1,022	933	993	877	929
Enterprise Value (EV)	27,728	40,205	34,163	35,083	41,456	37,099	41,075	35,451	31,163	29,114
Market Capitalization	21,754	34,370	28,083	29,223	35,670	31,685	35,283	29,905	25,646	23,886
Book Value per Share	$8.40	$8.75	$9.31	$9.64	$10.18	$10.49	$10.84	$11.30	$11.66	$11.96
Tangible Book Value per Share	$5.28	$5.64	$6.18	$6.49	$7.01	$7.31	$7.63	$8.07	$8.45	$8.73
Total Capital	15,572	16,129	16,374	16,658	16,972	17,069	17,319	17,684	17,991	18,352
Total Debt	7,927	8,152	7,929	7,931	7,783	7,636	7,637	7,638	7,639	7,804
Total Long-Term Debt	7,927	7,928	7,929	7,931	7,783	7,636	7,637	7,638	7,639	7,160
Net Debt	5,950	5,806	6,050	5,826	5,747	5,372	5,746	5,500	5,461	5,186
Capital Expenditures (CapEx)	210	307	227	254	363	340	281	288	298	352
Debt-free, Cash-free Net Working Capital (DFCFNWC)	3,466	3,485	4,100	3,992	4,145	3,671	4,153	4,164	4,405	4,358
Debt-free Net Working Capital (DFNWC)	5,443	5,831	5,979	6,097	6,181	5,935	6,044	6,302	6,583	6,976
Net Working Capital (NWC)	5,443	5,607	5,979	6,097	6,181	5,935	6,044	6,302	6,583	6,332
Net Nonoperating Expense (NNE)	110	106	117	173	96	184	155	87	108	108
Net Nonoperating Obligations (NNO)	5,950	5,806	6,050	5,826	5,747	5,372	5,746	5,500	5,461	5,186
Total Depreciation and Amortization (D&A)	234	236	241	245	256	256	263	271	270	275
Debt-free, Cash-free Net Working Capital to Revenue	18.25%	17.17%	18.90%	17.81%	18.13%	15.95%	17.94%	17.96%	19.09%	18.99%
Debt-free Net Working Capital to Revenue	28.66%	28.73%	27.57%	27.20%	27.04%	25.78%	26.11%	27.19%	28.53%	30.40%
Net Working Capital to Revenue	28.66%	27.62%	27.57%	27.20%	27.04%	25.78%	26.11%	27.19%	28.53%	27.60%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$600,000.00	$0.00	$720,000.00	$680,000.00	$800,000.00	$0.00	$680,000.00	$800,000.00	$650,000.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	908M	904M	904M	901M	898M	899M	889M	884M	881M	882M
Adjusted Diluted Earnings per Share	$600,000.00	$0.00	$720,000.00	$680,000.00	$790,000.00	$0.00	$680,000.00	$800,000.00	$650,000.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	910M	908M	907M	903M	902M	902M	891M	886M	881M	883M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	1.82B	1.81B	1.80B	1.80B	1.79B	1.78B	1.77B	1.77B	878.50M	868.09M
Normalized Net Operating Profit after Tax (NOPAT)	659	771	772	795	820	845	764	800	780	722
Normalized NOPAT Margin	12.30%	13.81%	13.60%	13.72%	14.12%	14.73%	13.16%	13.71%	13.69%	12.86%
Pre Tax Income Margin	13.16%	15.08%	14.60%	13.50%	15.78%	14.55%	13.56%	15.77%	12.88%	14.14%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	20.89%	27.27%	23.77%	20.35%	20.29%	21.64%	22.25%	21.76%	23.22%	23.85%
Augmented Payout Ratio	20.89%	42.95%	41.39%	44.36%	48.42%	51.69%	58.56%	56.93%	60.28%	63.79%

Frequently Asked Questions About Halliburton's Financials

When does Halliburton's fiscal year end?

According to the most recent income statement we have on file, Halliburton's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Halliburton's net income changed over the last 9 years?

Halliburton's net income appears to be on a downward trend, with a most recent value of $2.52 billion in 2024, falling from -$667 million in 2015. The previous period was $2.66 billion in 2023.

What is Halliburton's operating income?

Halliburton's total operating income in 2024 was $3.82 billion, based on the following breakdown:

Total Gross Profit: $4.30 billion
Total Operating Expenses: $479 million

How has Halliburton revenue changed over the last 9 years?

Over the last 9 years, Halliburton's total revenue changed from $23.63 billion in 2015 to $22.94 billion in 2024, a change of -2.9%.

How much debt does Halliburton have?

Halliburton's total liabilities were at $15.04 billion at the end of 2024, a 1.4% decrease from 2023, and a 29.9% decrease since 2015.

How much cash does Halliburton have?

In the past 9 years, Halliburton's cash and equivalents has ranged from $2.01 billion in 2018 to $10.08 billion in 2015, and is currently $2.62 billion as of their latest financial filing in 2024.

How has Halliburton's book value per share changed over the last 9 years?

Over the last 9 years, Halliburton's book value per share changed from 18.07 in 2015 to 11.96 in 2024, a change of -33.8%.

Remove Ads

Related Companies

This page (NYSE:HAL) was last updated on 4/15/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Halliburton (HAL) Financials

Frequently Asked Questions About Halliburton's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Halliburton (HAL) Financials

Annual Income Statements for Halliburton

Quarterly Income Statements for Halliburton

Annual Cash Flow Statements for Halliburton

Quarterly Cash Flow Statements for Halliburton

Annual Balance Sheets for Halliburton

Quarterly Balance Sheets for Halliburton

Annual Metrics and Ratios for Halliburton

Quarterly Metrics and Ratios for Halliburton

Frequently Asked Questions About Halliburton's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools