# Halliburton Company (HAL) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Energy / Oilfield Services & Equipment. Price $34.07, market value $28.2 billion.

## Valuation
- **P/E (trailing): 14.3×**. Halliburton Company trades at 14.3× trailing earnings. The Energy median in the September 2026 study was 16.8×. Forward P/E is 11.6×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 1.3×**. Each dollar of revenue is priced at 1.3×.
- **Price / book: 2.5×**. The shares trade at 2.5× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 8.3×**. Enterprise value is 8.3× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 5.7%** (5-yr avg 6.8%). Free cash flow equals 5.7% of the market value, in line with its five-year average of 6.8%. Above 5% is generally attractive.
- **Earnings yield: 7.0%**. The inverse of the P/E: 7.0% of the price is earned each year.

## Profitability
- **Operating margin: 12.6%**. 12.6% of revenue is left after running the business.
- **Net margin: 5.8%**. 5.8% of each dollar of sales reaches the bottom line.
- **Return on equity: 12.3%**. 12.3% on shareholders' equity is solid.
- **Return on invested capital: 14.5%**. Return on all capital, debt included, is 14.5%.
- **Return on assets: 8.0%**. Each dollar of assets produces 8.0% of profit.

## Growth
- **Revenue growth (1 yr): -3.3%** (3-yr 3.0%/yr, 5-yr 9.0%/yr). Revenue fell 3.3% over the last year, against 9.0% a year compounded over five years: growth is slowing.
- **Free-cash-flow growth (3 yr): 10.7%/yr**. Free cash flow has compounded at 10.7% a year over three years.

## Financial health
- **Debt to equity: 0.68**. Debt is 0.68 times equity, moderate leverage.
- **Net debt / EBITDA: 1.2×**. It would take 1.2 years of operating earnings to repay net borrowings, within the comfortable range.
- **Current ratio: 2.04** (quick 2.04). Current assets cover the next year's liabilities 2.04 times.
- **Altman Z-score: 3.22**. A Z-score of 3.22 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 2.00%** ($0.68 per share, trailing). Halliburton Company yields 2.00%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 45%** (36% of free cash flow). 45% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 4**. 4 straight years of increases.
- **Dividend growth (5 yr): 16.6%/yr** (1-yr 0.0%). The dividend has compounded at 16.6% a year over five years, doubling roughly every 4 years at that pace.

## Analyst view
- **Analyst consensus: buy** (25 analysts). 25 analysts cover Halliburton Company; the consensus is buy, with an average price target of $43.68 (+28% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 31.0%** (YTD 23.6%, 3-mo 8.5%). The shares are up 31.0% over twelve months including dividends.
- **From 52-week high: -21.8%** (36.7% above the low). Trading 22% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 53**. An RSI of 53 is neutral.
- **Beta (1 yr): 0.22** (volatility 33%). Beta of 0.22 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=HAL · Page: https://foliofundamentals.com/stocks/hal

Not investment advice.