HAL logo Halliburton Company +
Ticker
HAL
BKR
SLB
Headquarter
Houston ,TX
US
Houston ,TX
US
Houston ,TX
US
CEO
Eric J. Carre
Stephen D. Tadlock
Olivier Le Peuch
Industry
Oil & Gas Equipment & Services
Oil & Gas Equipment & Services
Oil & Gas Equipment & Services
Stock Price
Stock Price
Market Cap
Market Cap
$30.30 B
$64.49 B
$76.77 B
Employees
Years
  • 2024
  • 2025
  • 2026
  • 2024
  • 2025
  • 2026
  • 2024
  • 2025
  • 2026
Employees
  • 48.00 K
  • 48.00 K
  • 46.00 K
  • 58.00 K
  • 57.00 K
  • 56.00 K
  • 111.00 K
  • 110.00 K
  • 109.00 K
Y/Y
6.67%
0%
4.17%
5.45%
1.72%
1.75%
12.12%
0.9%
0.91%

Income Statement

Revenue
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Revenue
  • $23.02 B
  • $22.94 B
  • $22.18 B
  • $25.51 B
  • $27.83 B
  • $27.73 B
  • $33.14 B
  • $36.29 B
  • $35.71 B
Y/Y
13.41%
0.32%
3.31%
20.56%
9.11%
0.34%
17.96%
9.52%
1.6%
Revenue by Products / Services
Years
  • 2025
  • 2025
  • 2025
Revenue by Geography
Years
  • 2025
  • 2025
  • 2025
Research and Development
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Research and Development
  • -
  • -
  • -
  • -
  • $643.00 M
  • $600.00 M
  • $711.00 M
  • $749.00 M
  • $709.00 M
Y/Y
0%
0%
0%
0%
100%
6.69%
12.15%
5.34%
5.34%
Operating Income
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Operating Income
  • $4.08 B
  • $3.82 B
  • $2.65 B
  • $2.32 B
  • $3.08 B
  • $3.34 B
  • $5.50 B
  • $6.33 B
  • $5.46 B
Y/Y
50.83%
6.39%
30.61%
95.53%
32.97%
8.47%
32.47%
15.04%
13.75%
Tax Rate (%)
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Tax Rate (%)
  • 20.84%
  • 22.20%
  • 27.05%
  • 25.80%
  • 7.87%
  • 8.79%
  • 19.06%
  • 19.27%
  • 19.02%
Y/Y
14.6%
6.51%
21.82%
99.05%
69.49%
11.72%
4.53%
1.08%
1.32%
Net Income
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Net Income
  • $2.64 B
  • $2.50 B
  • $1.28 B
  • $1.94 B
  • $2.98 B
  • $2.66 B
  • $4.20 B
  • $4.46 B
  • $3.35 B
Y/Y
67.81%
5.19%
48.7%
423.29%
53.32%
10.71%
22.14%
6.14%
24.9%
Revenue Per Employee
Years
  • 2024
  • 2025
  • 2026
  • 2024
  • 2025
  • 2026
  • 2024
  • 2025
  • 2026
Revenue Per Employee
  • $478.00 K
  • $462.17 K
  • -
  • $479.81 K
  • $486.54 K
  • -
  • $326.93 K
  • $324.63 K
  • -
Y/Y
6.55%
3.31%
100%
3.46%
1.4%
100%
2.32%
0.7%
100%
Net Income Per Employee
Years
  • 2024
  • 2025
  • 2026
  • 2024
  • 2025
  • 2026
  • 2024
  • 2025
  • 2026
Net Income Per Employee
  • $52.10 K
  • $26.73 K
  • -
  • $51.36 K
  • $46.67 K
  • -
  • $40.19 K
  • $30.45 K
  • -
Y/Y
11.12%
48.7%
100%
45.39%
9.14%
100%
5.34%
24.22%
100%

Assets & Liabilities | Cash Flow

Total Assets
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Total Assets
  • $24.68 B
  • $25.59 B
  • $25.01 B
  • $36.95 B
  • $38.36 B
  • $40.88 B
  • $47.96 B
  • $48.94 B
  • $54.87 B
Y/Y
6.14%
3.66%
2.26%
8.09%
3.84%
6.56%
11.18%
2.04%
12.12%
Total Liabilities
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Total Liabilities
  • $15.25 B
  • $15.04 B
  • $14.51 B
  • $21.43 B
  • $21.31 B
  • $19.28 B
  • $26.60 B
  • $26.59 B
  • $27.58 B
Y/Y
0.18%
1.38%
3.55%
9%
0.55%
9.54%
5.77%
0.05%
3.73%
Capital Expenditures (Capex)
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Capital Expenditures (Capex)
  • -$1.38 B
  • -$1.44 B
  • -$1.25 B
  • -$1.22 B
  • -$1.28 B
  • -
  • -$2.09 B
  • -$2.13 B
  • -$1.69 B
Y/Y
36.4%
4.57%
13.04%
58.55%
4.41%
100%
21.98%
1.77%
20.43%

Profitability

Operating Income Margin (%)
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Operating Income Margin (%)
  • 17.74%
  • 16.66%
  • 11.95%
  • 9.08%
  • 11.07%
  • 12.83%
  • 16.60%
  • 17.43%
  • 15.28%
Y/Y
33%
6.09%
28.24%
62.18%
21.87%
15.85%
12.31%
5.04%
12.35%
Net Income Margin (%)
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Net Income Margin (%)
  • 11.46%
  • 10.90%
  • 5.78%
  • 7.62%
  • 10.70%
  • 9.33%
  • 12.68%
  • 12.29%
  • 9.38%
Y/Y
47.97%
4.89%
46.94%
368.16%
40.52%
12.82%
3.55%
3.09%
23.69%
EBITDA
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
EBITDA
  • $4.94 B
  • $4.76 B
  • $3.04 B
  • $3.96 B
  • $4.60 B
  • $4.29 B
  • $7.54 B
  • $8.07 B
  • $7.15 B
Y/Y
39.44%
3.56%
36.24%
196.48%
16.2%
6.78%
17.33%
6.96%
11.43%
Free Cash Flow (FCF)
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Free Cash Flow (FCF)
  • $2.08 B
  • $2.42 B
  • $1.67 B
  • $1.84 B
  • $2.05 B
  • $3.81 B
  • $4.55 B
  • $4.47 B
  • $4.80 B
Y/Y
68.89%
16.55%
30.99%
64.7%
11.75%
85.49%
126.68%
1.58%
7.2%

Ratios

Return on Equity (ROE)
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Return on Equity (ROE)
  • 28.09%
  • 23.81%
  • 12.21%
  • 12.64%
  • 17.63%
  • 12.31%
  • 20.82%
  • 21.11%
  • 9.15%
Y/Y
42.03%
15.26%
48.7%
402.8%
39.46%
30.18%
7%
1.41%
56.65%
Return on Assets (ROA)
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Return on Assets (ROA)
  • 10.69%
  • 9.77%
  • 5.13%
  • 5.26%
  • 7.77%
  • 6.51%
  • 8.76%
  • 9.12%
  • 6.83%
Y/Y
58.1%
8.54%
47.52%
399.11%
47.65%
16.21%
9.86%
4.02%
25.07%
Debt to Equity
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Debt to Equity
  • 93.80%
  • 83.50%
  • 77.75%
  • 39.18%
  • 35.65%
  • 37.93%
  • 59.26%
  • 57.14%
  • 47.14%
Y/Y
16.63%
10.99%
6.89%
15.3%
9.01%
6.4%
14.27%
3.58%
17.5%

Valuation

Enterprise Value
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Enterprise value
  • $39.04 B
  • $30.14 B
  • $29.64 B
  • $37.83 B
  • $44.34 B
  • $47.37 B
  • $83.22 B
  • $63.75 B
  • $61.96 B
Y/Y
7.41%
22.82%
1.65%
13.54%
17.21%
6.83%
3.53%
23.39%
2.81%
Enterprise value to Revenue
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Enterprise value to Revenue
  • 1.70
  • 1.31
  • 1.34
  • 1.48
  • 1.59
  • 1.71
  • 2.51
  • 1.76
  • 1.74
Y/Y
18.36%
22.57%
1.72%
5.82%
7.42%
7.2%
18.22%
30.05%
1.23%
Enterprise value to EBITDA
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Enterprise value to EBITDA
  • 8.07
  • 6.33
  • 9.76
  • 9.56
  • 9.64
  • 14.17
  • 11.03
  • 7.90
  • 11.35
Y/Y
32.2%
21.62%
54.24%
61.7%
0.87%
47.01%
17.78%
28.38%
43.68%