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Halliburton HAL Q2 2024 earnings

Reported July 19, 2024 · Before market open

Revenue estimate$5.9B
EPS estimate$0.80

Next report

Jul 21, 2026 (In 1 week)
Revenue estimate$5.5B
EPS estimate$0.54

Financials

Q2 2024

Income statement

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Revenue$5.8B+0.6%
Operating income$1.0B+2.1%
Net income$709.0M+16.2%
EPS (diluted)$0.80-100.0%

Balance sheet

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Cash & equivalents$2.1B+1.6%
Total debt$8.7B-3.8%
Total equity$10.0B+15.0%
Total assets$25.2B+4.5%

Cash flow

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Operating cash flow$1.1B+2.8%
CapEx$347.0M+14.5%
Free cash flow$734.0M-2.0%

Valuation & ratios

Valuation

as of 06/30/24
See full
Market cap$29.91B+0.5%
Enterprise value$36.5B-0.7%
P/E11.1×-1.0×
P/S1.3×0.0×

Profitability

See full
Operating margin17.7%+0.7pp
Net margin11.6%+0.6pp
FCF margin10.2%+1.7pp

Returns & leverage

See full
Return on equity28.8%-2.3pp
Debt / equity0.9×-0.2×
Current ratio2.1×0.0×

Segments

By geography

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North America$2.5B-8.0%
Middle East/Asia$1.5B+6.2%
Latin America$1.1B+10.4%
Europe/Africa/CIS$757.0M+8.5%

By segment

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Completion And Production$3.4B-2.2%
Drilling And Evaluation$2.4B+4.7%

By product

See full
Services$4.2B+0.8%

Versus estimates

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Questions, answered.

When did Halliburton report Q2 2024 earnings?
Halliburton (HAL) reported Q2 2024 earnings on July 19, 2024 before market open.
What were Halliburton's Q2 2024 revenue and EPS?
Halliburton reported revenue of $5.8B and diluted EPS of $0.80 for Q2 2024.
Did Halliburton beat estimates in Q2 2024?
Revenue missed the consensus estimate of $5.9B by $113.7M. EPS beat the consensus estimate of $0.80 by $0.00.
Where can I find Halliburton's Q2 2024 SEC filings?
You can read the 10-Q periodic report (0000045012-24-000043) directly on SEC EDGAR. The filing index links above go to sec.gov.