Financials Halliburton Company

Equities

HAL

US4062161017

Oil Related Services and Equipment

Market Closed - Nyse Other stock markets 01:30:02 09/07/2025 am IST			5-day change	1st Jan Change
22.16 ^USD	+6.08%		+4.48%	-18.50%

08/07	Halliburton's Boots & Coots Enters Deal With Kuwait Oil for Emergency Response, Well Control Support	MT
08/07	Halliburton Boots & Coots secures major contract with Kuwait Oil Company	RE

Projected Income Statement: Halliburton Company

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	14,445	15,295	20,297	23,018	22,944	21,690	21,879	22,825
Change	-	5.88%	32.7%	13.41%	-0.32%	-5.46%	0.87%	4.32%
EBITDA ¹	2,421	2,716	4,013	5,081	5,017	4,275	4,444	4,731
Change	-	12.19%	47.75%	26.61%	-1.26%	-14.78%	3.94%	6.47%
EBIT ¹	1,363	1,812	3,073	4,083	3,938	3,118	3,320	3,679
Change	-	32.94%	69.59%	32.87%	-3.55%	-20.81%	6.47%	10.79%
Interest Paid ¹	-505	-469	-375	-395	-353	-355.6	-348.2	-354.7
Earnings before Tax (EBT) ¹	-3,220	1,252	2,110	3,363	3,234	2,316	2,818	3,072
Change	-	138.88%	68.53%	59.38%	-3.84%	-28.39%	21.7%	9%
Net income ¹	-2,945	1,457	1,572	2,638	2,501	1,688	2,162	2,396
Change	-	149.47%	7.89%	67.81%	-5.19%	-32.51%	28.1%	10.82%
Announcement Date	19/01/21	24/01/22	24/01/23	23/01/24	22/01/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1
Net sales ¹	3,196	2,975	3,237	3,451	3,707	3,860	4,277	4,284	5,074	5,357	5,582	5,677	5,798	5,804	5,739	5,804	5,833	5,697	5,610	5,417	5,419	5,425	5,436	5,323	5,490	5,594	5,638	5,565
Change	-	-6.91%	8.81%	6.61%	7.42%	4.13%	10.8%	0.16%	18.44%	5.58%	4.2%	1.7%	2.13%	0.1%	-1.12%	1.13%	0.5%	-2.33%	-1.53%	-3.44%	0.04%	0.1%	0.22%	-2.09%	3.14%	1.9%	0.78%	-1.29%
EBITDA ¹	487	505	579	596	657	682	781	765	956	1,080	1,212	1,218	1,256	1,293	1,314	1,250	1,303	1,120	1,207	1,064	1,051	1,085	1,086	1,044	1,079	1,124	1,135	1,039
Change	-	3.7%	14.65%	2.94%	10.23%	3.81%	14.52%	-2.05%	24.97%	12.97%	12.22%	0.5%	3.12%	2.95%	1.62%	-4.87%	4.24%	-14.04%	7.77%	-11.85%	-1.2%	3.23%	0.09%	-3.92%	3.41%	4.13%	0.97%	-8.42%
EBIT ¹	236	275	350	370	434	458	550	533	718	846	976	977	1,011	1,037	1,058	987	1,032	871	932	787	752.6	774.3	769.9	738.5	791	852.4	864.7	826.4
Change	-	16.53%	27.27%	5.71%	17.3%	5.53%	20.09%	-3.09%	34.71%	17.83%	15.37%	0.1%	3.48%	2.57%	2.03%	-6.71%	4.56%	-15.6%	7%	-15.56%	-4.38%	2.88%	-0.56%	-4.08%	7.11%	7.75%	1.44%	-4.42%
Charge d'intérêts ¹	-124	-122	-125	-125	-120	-116	-108	-107	-101	-93	-74	-79	-92	-93	-98	-92	-92	-85	-84	-86	-90	-90.1	-89.2	-89.67	-90.33	-91	-91	-
Earnings before Tax (EBT) ¹	-2,083	-1	-240	223	295	316	418	332	231	705	842	829	783	916	835	787	920	734	793	306	628.5	672	688.7	633.6	655	712.3	718.8	696.9
Change	-	99.95%	-23,900%	192.92%	32.29%	7.12%	32.28%	-20.57%	-30.42%	205.19%	19.43%	-1.54%	-5.55%	16.99%	-8.84%	-5.75%	16.9%	-20.22%	8.04%	-61.41%	105.39%	6.93%	2.48%	-8%	3.37%	8.75%	0.91%	-3.03%
Net income ¹	-1,676	-17	-235	170	227	236	824	263	109	544	656	651	610	716	661	606	709	571	615	204	481.7	504.4	509.8	485.6	502	545.7	550.6	523.7
Change	-	98.99%	-1,282.35%	172.34%	33.53%	3.96%	249.15%	-68.08%	-58.56%	399.08%	20.59%	-0.76%	-6.3%	17.38%	-7.68%	-8.32%	17%	-19.46%	7.71%	-66.83%	136.14%	4.71%	1.07%	-4.74%	3.37%	8.71%	0.89%	-4.88%
Announcement Date	20/07/20	19/10/20	19/01/21	21/04/21	20/07/21	19/10/21	24/01/22	19/04/22	19/07/22	25/10/22	24/01/23	25/04/23	19/07/23	24/10/23	23/01/24	23/04/24	19/07/24	07/11/24	22/01/25	22/04/25	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Halliburton Company

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	7,264	6,090	5,582	5,372	4,542	4,740	3,902	3,085
Change	-	-16.16%	-8.34%	-3.76%	-15.45%	4.36%	-17.68%	-20.94%
Announcement Date	19/01/21	24/01/22	24/01/23	23/01/24	22/01/25	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Halliburton Company

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	728	799	1,011	1,379	1,442	1,305	1,301	1,371
Change	-	9.75%	26.53%	36.4%	4.57%	-9.52%	-0.25%	5.37%
Free Cash Flow (FCF) ¹	1,153	1,369	1,431	2,274	2,646	2,007	2,105	2,230
Change	-	18.73%	4.53%	58.91%	16.36%	-24.13%	4.87%	5.95%
Announcement Date	19/01/21	24/01/22	24/01/23	23/01/24	22/01/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Halliburton Company

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	16.76%	17.76%	19.77%	22.07%	21.87%	19.71%	20.31%	20.73%
EBIT Margin (%)	9.44%	11.85%	15.14%	17.74%	17.16%	14.38%	15.18%	16.12%
EBT Margin (%)	-22.29%	8.19%	10.4%	14.61%	14.1%	10.68%	12.88%	13.46%
Net margin (%)	-20.39%	9.53%	7.74%	11.46%	10.9%	7.78%	9.88%	10.5%
FCF margin (%)	7.98%	8.95%	7.05%	9.88%	11.53%	9.25%	9.62%	9.77%
FCF / Net Income (%)	-39.15%	93.96%	91.03%	86.2%	105.8%	118.92%	97.36%	93.08%
Profitability
ROA	2.5%	4.49%	8.58%	11.79%	10.52%	7.69%	8.49%	9.6%
ROE	8.87%	16.51%	26.68%	32.61%	26.58%	18.44%	19.43%	21.55%
Financial Health
Leverage (Debt/EBITDA)	3x	2.24x	1.39x	1.06x	0.91x	1.11x	0.88x	0.65x
Debt / Free cash flow	6.3x	4.45x	3.9x	2.36x	1.72x	2.36x	1.85x	1.38x
Capital Intensity
CAPEX / Current Assets (%)	5.04%	5.22%	4.98%	5.99%	6.28%	6.02%	5.95%	6.01%
CAPEX / EBITDA (%)	30.07%	29.42%	25.19%	27.14%	28.74%	30.52%	29.29%	28.98%
CAPEX / FCF (%)	63.14%	58.36%	70.65%	60.64%	54.5%	65%	61.82%	61.48%
Items per share
Cash flow per share ¹	2.135	2.142	2.469	3.834	4.377	3.954	3.902	4.266
Change	-	0.34%	15.25%	55.27%	14.17%	-9.66%	-1.33%	9.32%
Dividend per Share ¹	0.315	0.18	0.48	0.64	0.68	0.6954	0.7341	0.7799
Change	-	-42.86%	166.67%	33.33%	6.25%	2.27%	5.56%	6.24%
Book Value Per Share ¹	5.62	7.526	8.753	10.41	11.9	12.88	14.78	16.64
Change	-	33.9%	16.31%	18.94%	14.28%	8.22%	14.8%	12.6%
EPS ¹	-3.34	1.63	1.73	2.92	2.83	2.011	2.563	3.022
Change	-	148.8%	6.13%	68.79%	-3.08%	-28.92%	27.43%	17.88%
Nbr of stocks (in thousands)	8,84,007	8,95,116	9,08,047	8,95,052	8,78,502	8,59,715	8,59,715	8,59,715
Announcement Date	19/01/21	24/01/22	24/01/23	23/01/24	22/01/25	-	-	-