Financials Halliburton Company

Equities

HAL

US4062161017

Oil Related Services and Equipment

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
38.54 USD -0.46% Intraday chart for Halliburton Company -1.38% +6.61%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 21,480 16,708 20,471 35,732 32,356 34,120 - -
Enterprise Value (EV) 1 29,539 23,972 26,561 41,314 37,728 38,507 36,966 35,190
P/E ratio -19 x -5.66 x 14 x 22.7 x 12.4 x 11.6 x 10 x 9.13 x
Yield 2.94% 1.67% 0.79% 1.22% - 1.77% 1.87% 2.04%
Capitalization / Revenue 0.96 x 1.16 x 1.34 x 1.76 x 1.41 x 1.4 x 1.31 x 1.25 x
EV / Revenue 1.32 x 1.66 x 1.74 x 2.04 x 1.64 x 1.58 x 1.42 x 1.29 x
EV / EBITDA 8.02 x 9.9 x 9.78 x 10.3 x 7.43 x 7.07 x 6.18 x 5.58 x
EV / FCF 32.3 x 20.8 x 19.4 x 28.9 x 16.6 x 15.7 x 13.2 x 11.2 x
FCF Yield 3.1% 4.81% 5.15% 3.46% 6.03% 6.38% 7.55% 8.97%
Price to Book 2.67 x 3.36 x 3.04 x 4.5 x 3.47 x 3.07 x 2.49 x 2.06 x
Nbr of stocks (in thousands) 877,804 884,007 895,116 908,047 895,052 885,301 - -
Reference price 2 24.47 18.90 22.87 39.35 36.15 38.54 38.54 38.54
Announcement Date 1/21/20 1/19/21 1/24/22 1/24/23 1/23/24 - - -
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 24,295 26,088 27,322
EBITDA 1 3,683 2,421 2,716 4,013 5,081 5,447 5,986 6,312
EBIT 1 2,058 1,363 1,812 3,073 4,083 4,388 4,893 5,173
Operating Margin 9.18% 9.44% 11.85% 15.14% 17.74% 18.06% 18.75% 18.93%
Earnings before Tax (EBT) 1 -1,122 -3,220 1,252 2,110 3,363 3,894 4,398 4,755
Net income 1 -1,131 -2,945 1,457 1,572 2,638 2,932 3,365 3,616
Net margin -5.05% -20.39% 9.53% 7.74% 11.46% 12.07% 12.9% 13.23%
EPS 2 -1.290 -3.340 1.630 1.730 2.920 3.310 3.839 4.220
Free Cash Flow 1 915 1,153 1,369 1,431 2,274 2,455 2,791 3,156
FCF margin 4.08% 7.98% 8.95% 7.05% 9.88% 10.1% 10.7% 11.55%
FCF Conversion (EBITDA) 24.84% 47.62% 50.41% 35.66% 44.75% 45.07% 46.62% 50%
FCF Conversion (Net income) - - 93.96% 91.03% 86.2% 83.72% 82.93% 87.28%
Dividend per Share 2 0.7200 0.3150 0.1800 0.4800 - 0.6829 0.7203 0.7850
Announcement Date 1/21/20 1/19/21 1/24/22 1/24/23 1/23/24 - - -
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 5,977 6,212 6,350 6,265 6,484
EBITDA 1 781 765 956 1,080 1,212 1,218 1,256 1,293 1,314 1,250 1,329 1,403 1,453 1,416 1,482
EBIT 1 550 533 718 846 976 977 1,011 1,037 1,058 987 1,059 1,136 1,185 1,136 1,195
Operating Margin 12.86% 12.44% 14.15% 15.79% 17.48% 17.21% 17.44% 17.87% 18.44% 17.01% 17.71% 18.29% 18.67% 18.14% 18.44%
Earnings before Tax (EBT) 1 418 332 231 705 842 829 783 916 835 787 919.8 1,010 1,066 1,007 1,065
Net income 1 824 263 109 544 656 651 610 716 661 606 710.1 777.4 823.4 777.4 823.8
Net margin 19.27% 6.14% 2.15% 10.15% 11.75% 11.47% 10.52% 12.34% 11.52% 10.44% 11.88% 12.51% 12.97% 12.41% 12.7%
EPS 2 0.9200 0.2900 0.1200 0.6000 0.7200 0.7200 0.6800 0.7900 0.7400 0.6800 0.8005 0.8707 0.9235 0.8921 0.9460
Dividend per Share 2 0.0450 0.1200 0.1200 0.1200 0.1200 0.1600 0.1600 - - - 0.1706 0.1706 0.1706 0.1850 0.1850
Announcement Date 1/24/22 4/19/22 7/19/22 10/25/22 1/24/23 4/25/23 7/19/23 10/24/23 1/23/24 4/23/24 - - - - -
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 4,387 2,847 1,071
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.188 x 3 x 2.242 x 1.391 x 1.057 x 0.8055 x 0.4755 x 0.1696 x
Free Cash Flow 1 915 1,153 1,369 1,431 2,274 2,455 2,791 3,156
ROE (net income / shareholders' equity) 12.4% 8.87% 16.5% 26.7% 32.6% 29% 27.3% 25.1%
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 -117,743 32,464 18,314 22,367 25,532 29,904 35,102
Book Value Per Share 2 9.160 5.620 7.530 8.750 10.40 12.50 15.50 18.70
Cash Flow per Share 2 2.790 2.140 2.140 2.470 3.830 4.320 4.770 4.930
Capex 1 1,530 728 799 1,011 1,379 1,441 1,498 1,529
Capex / Sales 6.83% 5.04% 5.22% 4.98% 5.99% 5.93% 5.74% 5.6%
Announcement Date 1/21/20 1/19/21 1/24/22 1/24/23 1/23/24 - - -
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
38.54 USD
Average target price
47.81 USD
Spread / Average Target
+24.04%
Consensus
  1. Stock Market
  2. Equities
  3. HAL Stock
  4. Financials Halliburton Company