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Halliburton HAL Asset turnover

Asset turnover at other companies

Schlumberger
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Schlumberger SLB
0.7×-0.1×
TechnipFMC logo
TechnipFMCFTI
0.0×
Baker Hughes logo
Baker HughesBKR
0.6×-0.1×
Texas Pacific Land logo
Texas Pacific LandTPL
0.5×0.0×
Rockwell Automation logo
Rockwell AutomationROK
0.8×+0.1×

Other financials

Income statement

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Revenue$5.4B-0.3%
Operating income$679.0M+57.5%
Net income$461.0M+126%
EPS (diluted)$0.55+129%

Balance sheet

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Cash & equivalents$2.0B+11.0%
Total debt$8.1B-5.8%
Total equity$10.8B+4.0%
Total assets$25.1B-0.2%

Cash flow

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Operating cash flow$273.0M-27.6%
CapEx$192.0M-36.4%
Free cash flow$81.0M+8.0%

Valuation

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Market cap$30.27B+48.3%
Enterprise value$36.34B+34.5%
P/E19.7×+9.9×
P/S1.4×+0.5×

Profitability

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Gross margin81.4%
Operating margin11.3%-3.2pp
Net margin6.9%-2.4pp

Returns & leverage

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Return on equity14.6%-6.4pp
Debt / equity0.7×-0.1×
Current ratio2.1×+0.1×

Where this comes from

Calculated from Halliburton’s reported figures.

Based on trailing twelve months.

The official record: Halliburton’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Halliburton's asset turnover?
Halliburton (HAL) reported asset turnover of 0.9× in Q1 2026.
How has Halliburton's asset turnover changed year-over-year?
Halliburton's asset turnover decreased by 2.7% year-over-year, from 0.9× to 0.9×.
What is the long-term trend for Halliburton's asset turnover?
Over 4 years (2021 to 2025), Halliburton's asset turnover has grown at a 7.9% compound annual growth rate (CAGR), from 2.6× to 3.5×.
What does asset turnover mean?
How many sales dollars the company generates from each dollar of assets.
How do you interpret asset turnover?
Higher turnover means a more sales-efficient asset base. Low-margin businesses (retail, distribution) compete on high turnover; high-margin ones (software, luxury) on margin.
How does asset turnover compare across companies?
Compare within an industry — turnover differences across sectors reflect business models, not performance.