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Halliburton HAL Price / book

Price / book at other companies

Schlumberger
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Schlumberger SLB
2.9×0.0×
TechnipFMC logo
TechnipFMCFTI
8.2×+3.9×
Baker Hughes logo
Baker HughesBKR
3.1×+0.6×
Texas Pacific Land logo
Texas Pacific LandTPL
21×-4.2×
Rockwell Automation logo
Rockwell AutomationROK
11.4×+3.0×

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 price / book?
Halliburton (HAL) reported price / book of 3× in Q1 2026.
How has Halliburton's price / book changed year-over-year?
Halliburton's price / book increased by 42.6% year-over-year, from 2.1× to 3×.
What is the long-term trend for Halliburton's price / book?
Over 4 years (2021 to 2025), Halliburton's price / book has grown at a -12.6% compound annual growth rate (CAGR), from 14× to 8.2×.
What does price / book mean?
How the market price compares to the company's accounting net worth.
How do you interpret price / book?
Below 1.0 can flag a market discount to book value (common for distressed or asset-heavy firms); high values reflect intangible value the balance sheet doesn't capture. Most informative for financials and asset-heavy businesses.
How does price / book compare across companies?
A core valuation gauge for banks and insurers; weak for asset-light firms where book value understates economic value.