Halliburton HAL Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | 11.3%-3.2pp | 10.2%-6.5pp | 11%-6.1pp | 13.3%-4.4pp | 14.5%-3.2pp | |
| Net margin | 6.9%-2.4pp | 5.8%-5.1pp | 5.9%-5.1pp | 8.4%-3.2pp | 9.3%-1.9pp | |
| Returns | ||||||
| Return on equity | 14.6%-6.4pp | 12.2%-12.9pp | 12.8%-13.4pp | 18.2%-10.6pp | 21%-7.7pp | |
| Return on invested capital | 11.3%-3.6pp | 10%-8.3pp | 10%-8.9pp | 13.5%-6.5pp | 14.9%-5.3pp | |
| Efficiency | ||||||
| Asset turnover | 0.9×0.0× | 0.9×0.0× | 0.9×-0.1× | 0.9×-0.1× | 0.9×-0.1× | |
| Liquidity | ||||||
| Current ratio | 2.1×+0.1× | 2×0.0× | 2×-0.3× | 2×-0.1× | 2×-0.1× | |
| Leverage | ||||||
| Debt-to-equity | 0.7×-0.1× | 0.8×0.0× | 0.8×0.0× | 0.8×-0.1× | 0.8×-0.1× | |
| Net debt / EBITDA | 1.7×+0.1× | 1.8×+0.6× | 1.8×+0.5× | 1.6×+0.3× | 1.6×+0.2× | |
| Per Share | ||||||
| Book value per share | $12.85+7.3% | $12.26+3.1% | $12.00+2.7% | $12.26+8.6% | $11.97+10.7% | |
| Valuation | ||||||
| Market capitalization | $32.66B+48.3% | $23.78B-0.4% | $20.97B-18.2% | $17.86B-40.3% | $22.02B-37.2% | |
| Price / earnings | 21.2×+10.7× | 18.5×+9.0× | 16×+6.0× | 9.6×-1.5× | 10.5×-3.0× | |
| Price / sales | 1.5×+0.5× | 1.1×0.0× | 0.9×-0.2× | 0.8×-0.5× | 1×-0.5× | |
| Price / book | 3×+0.9× | 2.3×0.0× | 2.1×-0.4× | 1.7×-1.3× | 2.1×-1.5× | |
| EV / EBITDA | 10.6×+4.0× | 8.8×+2.8× | 7.7×+1.3× | 6×-1.1× | 6.6×-1.6× | |
| Dividend yield | 1.8%-0.9pp | 2.4%-0.1pp | 2.8%+0.5pp | 3.3%+1.3pp | 2.7%+1.0pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Halliburton's profit margins?
- Halliburton (HAL) runs a 81.4% gross margin and a 11.3% operating margin, with a 6.9% net margin.
- Where do Halliburton's ratios come from?
- Every ratio is computed from Halliburton's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
