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Halliburton HAL EV / sales

EV / sales at other companies

Schlumberger
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Schlumberger SLB
2.3×+0.6×
TechnipFMC logo
TechnipFMCFTI
2.7×+1.3×
Baker Hughes logo
Baker HughesBKR
1.5×+0.1×
Texas Pacific Land logo
Texas Pacific LandTPL
38.7×
Rockwell Automation logo
Rockwell AutomationROK
+0.9×

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$29.18B+48.3%
Enterprise value$35.26B+34.5%
P/E19×+9.6×
P/S1.3×+0.4×

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 the most recent quarter.

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 EV / sales?
Halliburton (HAL) reported EV / sales of 1.7× in Q1 2026.
How has Halliburton's EV / sales changed year-over-year?
Halliburton's EV / sales increased by 36.9% year-over-year, from 1.3× to 1.7×.
What is the long-term trend for Halliburton's EV / sales?
Over 4 years (2021 to 2025), Halliburton's EV / sales has grown at a -11.2% compound annual growth rate (CAGR), from 8× to 5×.
What does EV / sales mean?
What the whole business costs relative to its annual sales.
How do you interpret EV / sales?
A fallback valuation gauge for pre-profit or cyclical firms. Like P/S, only comparable across similar-margin businesses, but it accounts for debt and cash unlike P/S.
How does EV / sales compare across companies?
Compare within a margin cohort; the debt-and-cash adjustment makes it cleaner than P/S for leveraged firms.