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Halliburton HAL Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Operating margin11.3%-3.2pp10.2%-6.5pp11%-6.1pp13.3%-4.4pp14.5%-3.2pp
Net margin6.9%-2.4pp5.8%-5.1pp5.9%-5.1pp8.4%-3.2pp9.3%-1.9pp
EBITDA margin16.5%-2.8pp15.3%-6.1pp16.1%-5.6pp18.3%-4.0pp19.3%-2.8pp
Free cash flow margin7.6%-2.8pp7.5%-3.0pp8.5%-2.0pp9.7%-0.5pp10.4%+0.1pp
Returns
Return on equity14.6%-6.4pp12.2%-12.9pp12.8%-13.4pp18.2%-10.6pp21%-7.7pp
Return on assets6.1%-2.3pp5.1%-4.9pp5.2%-5.0pp7.4%-3.6pp8.4%-2.3pp
Return on invested capital11.3%-3.6pp10%-8.3pp10%-8.9pp13.5%-6.5pp14.9%-5.3pp
Efficiency
Asset turnover0.9×0.0×0.9×0.0×0.9×-0.1×0.9×-0.1×0.9×-0.1×
Liquidity
Current ratio2.1×+0.1×0.0×-0.3×-0.1×-0.1×
Quick ratio1.5×+0.1×1.5×0.0×1.4×-0.2×1.5×-0.1×1.5×-0.1×
Cash ratio0.4×+0.1×0.4×0.0×0.3×-0.1×0.3×0.0×0.3×0.0×
Leverage
Debt-to-equity0.7×-0.1×0.8×0.0×0.8×0.0×0.8×-0.1×0.8×-0.1×
Debt-to-assets0.3×0.0×0.3×0.0×0.3×0.0×0.3×0.0×0.3×0.0×
Net debt / EBITDA1.7×+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%
Enterprise value$38.73B+34.5%$29.89B+0.8%$27.52B-14.5%$24.39B-33.2%$28.79B-31.4%
Price / earnings21.2×+10.7×18.5×+9.0×16×+6.0×9.6×-1.5×10.5×-3.0×
Price / sales1.5×+0.5×1.1×0.0×0.9×-0.2×0.8×-0.5×-0.5×
Price / book+0.9×2.3×0.0×2.1×-0.4×1.7×-1.3×2.1×-1.5×
EV / EBITDA10.6×+4.0×8.8×+2.8×7.7×+1.3×-1.1×6.6×-1.6×
EV / sales1.7×+0.5×1.3×+0.1×1.2×-0.2×1.1×-0.5×1.3×-0.5×
Free cash flow yield5.1%-5.5pp7%-3.1pp8.9%-0.4pp12%+4.1pp10.6%+3.8pp
Earnings yield4.7%-4.8pp5.4%-5.1pp6.2%-3.7pp10.4%+1.4pp9.5%+2.1pp
Dividend yield1.8%-0.9pp2.4%-0.1pp2.8%+0.5pp3.3%+1.3pp2.7%+1.0pp

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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.