Financials Halliburton Company

Equities

HAL

US4062161017

Oil Related Services and Equipment

Market Closed - Nyse 01:30:02 02/05/2024 am IST 5-day change 1st Jan Change
36.33 USD -3.04% Intraday chart for Halliburton Company -5.86% +0.50%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 21,480 16,708 20,471 35,732 32,356 33,172 - -
Enterprise Value (EV) 1 29,539 23,972 26,561 41,314 37,728 37,580 36,005 34,164
P/E ratio -19 x -5.66 x 14 x 22.7 x 12.4 x 11 x 9.47 x 8.63 x
Yield 2.94% 1.67% 0.79% 1.22% - 1.88% 1.98% 2.14%
Capitalization / Revenue 0.96 x 1.16 x 1.34 x 1.76 x 1.41 x 1.36 x 1.27 x 1.21 x
EV / Revenue 1.32 x 1.66 x 1.74 x 2.04 x 1.64 x 1.55 x 1.38 x 1.25 x
EV / EBITDA 8.02 x 9.9 x 9.78 x 10.3 x 7.43 x 6.9 x 6.01 x 5.41 x
EV / FCF 32.3 x 20.8 x 19.4 x 28.9 x 16.6 x 15.5 x 12.9 x 11.2 x
FCF Yield 3.1% 4.81% 5.15% 3.46% 6.03% 6.47% 7.73% 8.94%
Price to Book 2.67 x 3.36 x 3.04 x 4.5 x 3.47 x 2.88 x 2.34 x 1.93 x
Nbr of stocks (in thousands) 8,77,804 8,84,007 8,95,116 9,08,047 8,95,052 8,85,301 - -
Reference price 2 24.47 18.90 22.87 39.35 36.15 36.33 36.33 36.33
Announcement Date 21/01/20 19/01/21 24/01/22 24/01/23 23/01/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 22,408 14,445 15,295 20,297 23,018 24,322 26,083 27,344
EBITDA 1 3,683 2,421 2,716 4,013 5,081 5,443 5,990 6,319
EBIT 1 2,058 1,363 1,812 3,073 4,083 4,381 4,898 5,181
Operating Margin 9.18% 9.44% 11.85% 15.14% 17.74% 18.01% 18.78% 18.95%
Earnings before Tax (EBT) 1 -1,122 -3,220 1,252 2,110 3,363 3,859 4,401 4,784
Net income 1 -1,131 -2,945 1,457 1,572 2,638 2,915 3,362 3,635
Net margin -5.05% -20.39% 9.53% 7.74% 11.46% 11.98% 12.89% 13.3%
EPS 2 -1.290 -3.340 1.630 1.730 2.920 3.298 3.838 4.209
Free Cash Flow 1 915 1,153 1,369 1,431 2,274 2,430 2,784 3,055
FCF margin 4.08% 7.98% 8.95% 7.05% 9.88% 9.99% 10.67% 11.17%
FCF Conversion (EBITDA) 24.84% 47.62% 50.41% 35.66% 44.75% 44.64% 46.48% 48.35%
FCF Conversion (Net income) - - 93.96% 91.03% 86.2% 83.38% 82.81% 84.04%
Dividend per Share 2 0.7200 0.3150 0.1800 0.4800 - 0.6828 0.7203 0.7757
Announcement Date 21/01/20 19/01/21 24/01/22 24/01/23 23/01/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 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
Net sales 1 4,277 4,284 5,074 5,357 5,582 5,677 5,798 5,804 5,739 5,804 5,957 6,192 6,347 6,287 6,485
EBITDA 1 781 765 956 1,080 1,212 1,218 1,256 1,293 1,314 1,250 1,320 1,397 1,451 1,428 1,487
EBIT 1 550 533 718 846 976 977 1,011 1,037 1,058 987 1,051 1,138 1,193 1,149 1,200
Operating Margin 12.86% 12.44% 14.15% 15.79% 17.48% 17.21% 17.44% 17.87% 18.44% 17.01% 17.64% 18.38% 18.79% 18.28% 18.51%
Earnings before Tax (EBT) 1 418 332 231 705 842 829 783 916 835 787 920.2 1,009 1,066 1,013 1,069
Net income 1 824 263 109 544 656 651 610 716 661 606 709.1 776.4 822.6 780.7 825.3
Net margin 19.27% 6.14% 2.15% 10.15% 11.75% 11.47% 10.52% 12.34% 11.52% 10.44% 11.9% 12.54% 12.96% 12.42% 12.73%
EPS 2 0.9200 0.2900 0.1200 0.6000 0.7200 0.7200 0.6800 0.7900 0.7400 0.6800 0.7989 0.8731 0.9237 0.8952 0.9466
Dividend per Share 2 0.0450 0.1200 0.1200 0.1200 0.1200 0.1600 0.1600 - - 0.1700 0.1706 0.1706 0.1706 0.1836 0.1850
Announcement Date 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 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 8,059 7,264 6,090 5,582 5,372 4,408 2,833 992
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.188 x 3 x 2.242 x 1.391 x 1.057 x 0.8098 x 0.473 x 0.157 x
Free Cash Flow 1 915 1,153 1,369 1,431 2,274 2,430 2,784 3,055
ROE (net income / shareholders' equity) 12.4% 8.87% 16.5% 26.7% 32.6% 28.6% 27.2% 25.5%
ROA (Net income/ Total Assets) 4.22% 2.5% 4.49% 8.58% 11.8% 11.5% 11.3% 10.3%
Assets 1 -26,793 -1,17,743 32,464 18,314 22,367 25,378 29,876 35,296
Book Value Per Share 2 9.160 5.620 7.530 8.750 10.40 12.60 15.50 18.80
Cash Flow per Share 2 2.790 2.140 2.140 2.470 3.830 4.280 4.760 4.900
Capex 1 1,530 728 799 1,011 1,379 1,441 1,494 1,556
Capex / Sales 6.83% 5.04% 5.22% 4.98% 5.99% 5.93% 5.73% 5.69%
Announcement Date 21/01/20 19/01/21 24/01/22 24/01/23 23/01/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
31
Last Close Price
36.33 USD
Average target price
47.81 USD
Spread / Average Target
+31.59%
Consensus
  1. Stock Market
  2. Equities
  3. HAL Stock
  4. Financials Halliburton Company