# Halliburton Company (HAL) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Energy / Energy Equipment & Services. Price $37.07, market value $30.9 billion.

## Valuation
- **P/E (trailing): 19.4×**. Halliburton Company trades at 19.4× trailing earnings. The Energy median in the September 2026 study was 16.8×. Forward P/E is 12.8×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 1.4×**. Each dollar of revenue is priced at 1.4×.
- **Price / book: 2.8×**. The shares trade at 2.8× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 9.6×**. Enterprise value is 9.6× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 5.6%** (5-yr avg 6.8%). Free cash flow equals 5.6% of the market value, in line with its five-year average of 6.8%. Above 5% is generally attractive.
- **Earnings yield: 5.2%**. The inverse of the P/E: 5.2% of the price is earned each year.

## Profitability
- **Operating margin: 11.4%**. 11.4% 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: 13.1%**. Return on all capital, debt included, is 13.1%.
- **Return on assets: 6.4%**. Each dollar of assets produces 6.4% 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: 1.3×**. It would take 1.3 years of operating earnings to repay net borrowings, within the comfortable range.
- **Altman Z-score: 3.05**. A Z-score of 3.05 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 1.83%** ($0.68 per share, trailing). Halliburton Company yields 1.83%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 45%** (33% 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 $43.12 (+16% 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): 67.5%** (YTD 32.4%, 3-mo -5.4%). The shares are up 67.5% over twelve months including dividends.
- **From 52-week high: -15.0%** (72.7% above the low). Trading 15% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 63**. An RSI of 63 is neutral.
- **Beta (1 yr): 0.25** (volatility 36%). Beta of 0.25 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.