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Halliburton HAL Q3 2024 earnings

Reported November 7, 2024 · Before market open

Revenue estimate$5.8B
EPS estimate$0.75

Next report

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

Financials

Q3 2024

Income statement

See full
Revenue$5.7B-1.8%
Operating income$871.0M-16.0%
Net income$571.0M-20.3%
EPS (diluted)$0.65-100.0%

Balance sheet

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Cash & equivalents$2.2B+7.0%
Total debt$8.7B-2.3%
Total equity$10.3B+12.5%
Total assets$25.3B+3.6%

Cash flow

See full
Operating cash flow$841.0M-3.8%
CapEx$339.0M-17.1%
Free cash flow$502.0M+8.0%

Valuation & ratios

Valuation

as of 09/30/24
See full
Market cap$25.65B-29.5%
Enterprise value$32.16B-25.6%
P/E10.1×-3.8×
P/S1.1×-0.5×

Profitability

See full
Operating margin17.1%-0.4pp
Net margin11%-0.5pp
FCF margin10.4%+2.2pp

Returns & leverage

See full
Return on equity26.2%-5.2pp
Debt / equity0.8×-0.1×
Current ratio2.2×+0.1×

Segments

By geography

See full
North America$2.4B-8.5%
Middle East/Asia$1.5B+8.6%
Latin America$1.1B+0.5%
Europe/Africa/CIS$722.0M-1.6%

By segment

See full
Completion And Production$3.3B-5.4%
Drilling And Evaluation$2.4B+3.5%

By product

See full
Services$4.1B-0.9%

Versus estimates

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Questions, answered.

When did Halliburton report Q3 2024 earnings?
Halliburton (HAL) reported Q3 2024 earnings on November 7, 2024 before market open.
What were Halliburton's Q3 2024 revenue and EPS?
Halliburton reported revenue of $5.7B and diluted EPS of $0.73 for Q3 2024.
Did Halliburton beat estimates in Q3 2024?
Revenue missed the consensus estimate of $5.8B by $130.3M. EPS missed the consensus estimate of $0.75 by $0.02.
Where can I find Halliburton's Q3 2024 SEC filings?
You can read the 10-Q periodic report (0000045012-24-000063) directly on SEC EDGAR. The filing index links above go to sec.gov.