Financials Halliburton Company

Equities

HAL

US4062161017

Oil Related Services and Equipment

Real-time Estimate Cboe BZX Other stock markets 12:46:59 17/01/2026 am IST			5-day change	1st Jan Change
32.56 ^USD	-0.66%		-0.18%	+15.25%

10:31pm	Diary - U.S. earnings week ahead	RE
08:50pm	Halliburton and Its Rivals Can't Wait to Get Back -2-	DJ

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	21,909	21,528	22,414
Change	-	5.88%	32.7%	13.41%	-0.32%	-4.51%	-1.74%	4.12%
EBITDA ¹	2,421	2,716	4,013	5,081	5,017	4,073	4,002	4,386
Change	-	12.19%	47.75%	26.61%	-1.26%	-18.81%	-1.74%	9.58%
EBIT ¹	1,363	1,812	3,073	4,083	3,938	2,878	2,897	3,290
Change	-	32.94%	69.59%	32.87%	-3.55%	-26.92%	0.67%	13.55%
Interest Paid ¹	-505	-469	-375	-395	-353	-358.2	-361.9	-356
Earnings before Tax (EBT) ¹	-3,220	1,252	2,110	3,363	3,234	1,754	2,367	2,711
Change	-	138.88%	68.53%	59.38%	-3.84%	-45.75%	34.9%	14.53%
Net income ¹	-2,945	1,457	1,572	2,638	2,501	1,159	1,835	2,093
Change	-	149.47%	7.89%	67.81%	-5.19%	-53.67%	58.37%	14.07%
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 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	2027 Q2	2027 Q3
Net sales ¹	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	5,510	5,600	5,407	5,267	5,347	5,442	5,442	5,449	5,588	5,704
Change	-	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%	1.72%	1.63%	-3.45%	-2.59%	1.52%	1.77%	0.01%	0.11%	2.56%	2.08%
EBITDA ¹	579	596	657	682	781	765	956	1,080	1,212	1,218	1,256	1,293	1,314	1,250	1,303	1,257	1,207	1,064	1,011	1,033	1,008	953.8	983.3	1,022	1,032	1,011	1,098	1,136
Change	-	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%	-3.53%	-3.98%	-11.85%	-4.98%	2.18%	-2.42%	-5.38%	3.1%	3.92%	1.01%	-2.1%	8.69%	3.44%
EBIT ¹	350	370	434	458	550	533	718	846	976	977	1,011	1,037	1,058	987	1,032	987	932	787	727	748	741	681.9	700.9	740.6	742.8	787.8	799.2	865.6
Change	-	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%	-4.36%	-5.57%	-15.56%	-7.62%	2.89%	-0.93%	-7.98%	2.78%	5.67%	0.3%	6.06%	1.44%	8.31%
Charge d'intérêts ¹	-125	-125	-120	-116	-108	-107	-101	-93	-74	-79	-92	-93	-98	-92	-92	-85	-84	-86	-92	-88	-91.69	-91.29	-91.29	-91.57	-91.43	-90	-90	-90
Earnings before Tax (EBT) ¹	-240	223	295	316	418	332	231	705	842	829	783	916	835	787	920	734	793	306	611	219	611.1	553.6	577.2	605.3	611	643.1	722.4	769.2
Change	-	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%	99.67%	-64.16%	179.04%	-9.41%	4.26%	4.86%	0.95%	5.25%	12.32%	6.48%
Net income ¹	-235	170	227	236	824	263	109	544	656	651	610	716	661	606	709	571	615	204	472	18	478.7	430.2	448.5	470.4	474.9	496.4	557.8	594.1
Change	-	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%	131.37%	-96.19%	2,559.6%	-10.13%	4.26%	4.88%	0.94%	4.54%	12.37%	6.51%
Announcement Date	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	22/07/25	21/10/25	-	-	-	-	-	-	-	-

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	5,316	4,718	4,102
Change	-	-16.16%	-8.34%	-3.76%	-15.45%	17.04%	-11.25%	-13.06%
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	1,286	1,037	1,230
Change	-	9.75%	26.53%	36.4%	4.57%	-10.83%	-19.37%	18.63%
Free Cash Flow (FCF) ¹	1,153	1,369	1,431	2,274	2,646	1,807	2,038	2,023
Change	-	18.73%	4.53%	58.91%	16.36%	-31.7%	12.76%	-0.74%
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%	18.59%	18.59%	19.57%
EBIT Margin (%)	9.44%	11.85%	15.14%	17.74%	17.16%	13.14%	13.46%	14.68%
EBT Margin (%)	-22.29%	8.19%	10.4%	14.61%	14.1%	8.01%	10.99%	12.09%
Net margin (%)	-20.39%	9.53%	7.74%	11.46%	10.9%	5.29%	8.52%	9.34%
FCF margin (%)	7.98%	8.95%	7.05%	9.88%	11.53%	8.25%	9.47%	9.02%
FCF / Net Income (%)	-39.15%	93.96%	91.03%	86.2%	105.8%	155.97%	111.05%	96.63%
Profitability
ROA	2.5%	4.49%	8.58%	11.79%	10.52%	6.93%	7.19%	8.09%
ROE	8.87%	16.51%	26.68%	32.61%	26.58%	18.73%	17.48%	19.16%
Financial Health
Leverage (Debt/EBITDA)	3x	2.24x	1.39x	1.06x	0.91x	1.31x	1.18x	0.94x
Debt / Free cash flow	6.3x	4.45x	3.9x	2.36x	1.72x	2.94x	2.32x	2.03x
Capital Intensity
CAPEX / Current Assets (%)	5.04%	5.22%	4.98%	5.99%	6.28%	5.87%	4.82%	5.49%
CAPEX / EBITDA (%)	30.07%	29.42%	25.19%	27.14%	28.74%	31.57%	25.91%	28.04%
CAPEX / FCF (%)	63.14%	58.36%	70.65%	60.64%	54.5%	71.15%	50.88%	60.81%
Items per share
Cash flow per share ¹	2.135	2.142	2.469	3.834	4.377	3.218	3.451	3.993
Change	-	0.34%	15.25%	55.27%	14.17%	-26.48%	7.25%	15.71%
Dividend per Share ¹	0.315	0.18	0.48	0.64	0.68	0.6907	0.7267	0.7554
Change	-	-42.86%	166.67%	33.33%	6.25%	1.57%	5.21%	3.96%
Book Value Per Share ¹	5.62	7.526	8.753	10.41	11.9	12.26	13.7	15.45
Change	-	33.9%	16.31%	18.94%	14.28%	3.01%	11.8%	12.72%
EPS ¹	-3.34	1.63	1.73	2.92	2.83	1.359	2.214	2.679
Change	-	148.8%	6.13%	68.79%	-3.08%	-51.98%	62.92%	20.98%
Nbr of stocks (in thousands)	8,84,007	8,95,116	9,08,047	8,95,052	8,78,502	8,41,627	8,41,627	8,41,627
Announcement Date	19/01/21	24/01/22	24/01/23	23/01/24	22/01/25	-	-	-