HALLIBURTON CO (HAL.DE) Stock Fundamental Analysis
FRA:HAL - US4062161017 - Common Stock
18.54 EUR
-0.32 (-1.7%)
Taking everything into account, HAL scores 5 out of 10 in our fundamental rating. HAL was compared to 37 industry peers in the Energy Equipment & Services industry. While HAL belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. HAL has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
HAL had positive earnings in the past year.
In the past year HAL had a positive cash flow from operations.
Of the past 5 years HAL 4 years were profitable.
HAL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of HAL (7.34%) is better than 70.27% of its industry peers.
With a decent Return On Equity value of 17.72%, HAL is doing good in the industry, outperforming 70.27% of the companies in the same industry.
HAL's Return On Invested Capital of 13.79% is fine compared to the rest of the industry. HAL outperforms 75.68% of its industry peers.
The Average Return On Invested Capital over the past 3 years for HAL is above the industry average of 11.44%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.34% | ||
| ROE | 17.72% | ||
| ROIC | 13.79% |
ROA(3y)9.07%
ROA(5y)3.9%
ROE(3y)23.89%
ROE(5y)6.83%
ROIC(3y)15.36%
ROIC(5y)12.11%
1.3 Margins
HAL has a Profit Margin of 8.37%. This is comparable to the rest of the industry: HAL outperforms 54.05% of its industry peers.
HAL's Profit Margin has improved in the last couple of years.
The Operating Margin of HAL (15.44%) is better than 62.16% of its industry peers.
In the last couple of years the Operating Margin of HAL has grown nicely.
HAL has a Gross Margin (17.06%) which is in line with its industry peers.
In the last couple of years the Gross Margin of HAL has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.44% | ||
| PM (TTM) | 8.37% | ||
| GM | 17.06% |
OM growth 3Y13.15%
OM growth 5Y13.32%
PM growth 3Y4.6%
PM growth 5YN/A
GM growth 3Y12.46%
GM growth 5Y12.95%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), HAL is creating some value.
The number of shares outstanding for HAL has been reduced compared to 1 year ago.
HAL has less shares outstanding than it did 5 years ago.
The debt/assets ratio for HAL has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.16 indicates that HAL is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.16, HAL belongs to the top of the industry, outperforming 86.49% of the companies in the same industry.
HAL has a debt to FCF ratio of 3.51. This is a good value and a sign of high solvency as HAL would need 3.51 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.51, HAL is in line with its industry, outperforming 59.46% of the companies in the same industry.
A Debt/Equity ratio of 0.68 indicates that HAL is somewhat dependend on debt financing.
HAL has a Debt to Equity ratio (0.68) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 3.51 | ||
| Altman-Z | 3.16 |
ROIC/WACC1.61
WACC8.58%
2.3 Liquidity
HAL has a Current Ratio of 2.00. This is a normal value and indicates that HAL is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of HAL (2.00) is better than 70.27% of its industry peers.
HAL has a Quick Ratio of 1.47. This is a normal value and indicates that HAL is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.47, HAL is in the better half of the industry, outperforming 62.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2 | ||
| Quick Ratio | 1.47 |
3. Growth
3.1 Past
The earnings per share for HAL have decreased strongly by -19.63% in the last year.
The Earnings Per Share has been growing by 19.25% on average over the past years. This is quite good.
Looking at the last year, HAL shows a decrease in Revenue. The Revenue has decreased by -4.08% in the last year.
Measured over the past years, HAL shows a small growth in Revenue. The Revenue has been growing by 0.47% on average per year.
EPS 1Y (TTM)-19.63%
EPS 3Y39.99%
EPS 5Y19.25%
EPS Q2Q%-31.25%
Revenue 1Y (TTM)-4.08%
Revenue growth 3Y14.47%
Revenue growth 5Y0.47%
Sales Q2Q%-5.54%
3.2 Future
HAL is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -1.72% yearly.
The Revenue is expected to decrease by -0.28% on average over the next years.
EPS Next Y-28.21%
EPS Next 2Y-15.46%
EPS Next 3Y-4.54%
EPS Next 5Y-1.72%
Revenue Next Year-6.49%
Revenue Next 2Y-3.94%
Revenue Next 3Y-1.32%
Revenue Next 5Y-0.28%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 8.43, the valuation of HAL can be described as reasonable.
Based on the Price/Earnings ratio, HAL is valued a bit cheaper than the industry average as 72.97% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of HAL to the average of the S&P500 Index (27.07), we can say HAL is valued rather cheaply.
The Price/Forward Earnings ratio is 10.18, which indicates a very decent valuation of HAL.
The rest of the industry has a similar Price/Forward Earnings ratio as HAL.
HAL is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.43 | ||
| Fwd PE | 10.18 |
4.2 Price Multiples
HAL's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HAL is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.63 | ||
| EV/EBITDA | 5.3 |
4.3 Compensation for Growth
HAL has a very decent profitability rating, which may justify a higher PE ratio.
HAL's earnings are expected to decrease with -4.54% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.44
EPS Next 2Y-15.46%
EPS Next 3Y-4.54%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.03%, HAL has a reasonable but not impressive dividend return.
HAL's Dividend Yield is comparable with the industry average which is at 6.65.
Compared to an average S&P500 Dividend Yield of 2.46, HAL pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.03% |
5.2 History
The dividend of HAL decreases each year by -1.06%.
Dividend Growth(5Y)-1.06%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
HAL pays out 31.69% of its income as dividend. This is a sustainable payout ratio.
The Dividend Rate of HAL has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP31.69%
EPS Next 2Y-15.46%
EPS Next 3Y-4.54%
FRA:HAL (9/8/2025, 7:00:00 PM)
18.54
-0.32 (-1.7%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners87.23%
Inst Owner ChangeN/A
Ins Owners0.44%
Ins Owner ChangeN/A
Market Cap15.81B
Analysts78.06
Price Target22.97 (23.89%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.03% |
Yearly Dividend0.58
Dividend Growth(5Y)-1.06%
DP31.69%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.15%
Min EPS beat(2)-1.38%
Max EPS beat(2)-0.93%
EPS beat(4)0
Avg EPS beat(4)-1.64%
Min EPS beat(4)-4.16%
Max EPS beat(4)-0.1%
EPS beat(8)3
Avg EPS beat(8)0.28%
EPS beat(12)7
Avg EPS beat(12)1.91%
EPS beat(16)11
Avg EPS beat(16)2.35%
Revenue beat(2)2
Avg Revenue beat(2)1.15%
Min Revenue beat(2)0.79%
Max Revenue beat(2)1.52%
Revenue beat(4)2
Avg Revenue beat(4)-0.54%
Min Revenue beat(4)-3.21%
Max Revenue beat(4)1.52%
Revenue beat(8)3
Avg Revenue beat(8)-0.91%
Revenue beat(12)4
Avg Revenue beat(12)-0.72%
Revenue beat(16)7
Avg Revenue beat(16)0.02%
PT rev (1m)-12.61%
PT rev (3m)-13.84%
EPS NQ rev (1m)-0.6%
EPS NQ rev (3m)-26.79%
EPS NY rev (1m)-10.19%
EPS NY rev (3m)-10.64%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.37%
Revenue NY rev (1m)-0.06%
Revenue NY rev (3m)-1.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.43 | ||
| Fwd PE | 10.18 | ||
| P/S | 0.83 | ||
| P/FCF | 8.63 | ||
| P/OCF | 5.19 | ||
| P/B | 1.76 | ||
| P/tB | 2.46 | ||
| EV/EBITDA | 5.3 |
EPS(TTM)2.2
EY11.87%
EPS(NY)1.82
Fwd EY9.83%
FCF(TTM)2.15
FCFY11.59%
OCF(TTM)3.57
OCFY19.26%
SpS22.24
BVpS10.51
TBVpS7.54
PEG (NY)N/A
PEG (5Y)0.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.34% | ||
| ROE | 17.72% | ||
| ROCE | 17.58% | ||
| ROIC | 13.79% | ||
| ROICexc | 15.4% | ||
| ROICexgc | 18.54% | ||
| OM | 15.44% | ||
| PM (TTM) | 8.37% | ||
| GM | 17.06% | ||
| FCFM | 9.67% |
ROA(3y)9.07%
ROA(5y)3.9%
ROE(3y)23.89%
ROE(5y)6.83%
ROIC(3y)15.36%
ROIC(5y)12.11%
ROICexc(3y)17.61%
ROICexc(5y)14.03%
ROICexgc(3y)21.28%
ROICexgc(5y)17.08%
ROCE(3y)19.57%
ROCE(5y)15.43%
ROICexcg growth 3Y23.24%
ROICexcg growth 5Y15.94%
ROICexc growth 3Y24.36%
ROICexc growth 5Y15.57%
OM growth 3Y13.15%
OM growth 5Y13.32%
PM growth 3Y4.6%
PM growth 5YN/A
GM growth 3Y12.46%
GM growth 5Y12.95%
F-Score5
Asset Turnover0.88
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 3.51 | ||
| Debt/EBITDA | 1.58 | ||
| Cap/Depr | 128.48% | ||
| Cap/Sales | 6.39% | ||
| Interest Coverage | 7.86 | ||
| Cash Conversion | 78.65% | ||
| Profit Quality | 115.41% | ||
| Current Ratio | 2 | ||
| Quick Ratio | 1.47 | ||
| Altman-Z | 3.16 |
F-Score5
WACC8.58%
ROIC/WACC1.61
Cap/Depr(3y)126.46%
Cap/Depr(5y)107.31%
Cap/Sales(3y)5.75%
Cap/Sales(5y)5.5%
Profit Quality(3y)84.67%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-19.63%
EPS 3Y39.99%
EPS 5Y19.25%
EPS Q2Q%-31.25%
EPS Next Y-28.21%
EPS Next 2Y-15.46%
EPS Next 3Y-4.54%
EPS Next 5Y-1.72%
Revenue 1Y (TTM)-4.08%
Revenue growth 3Y14.47%
Revenue growth 5Y0.47%
Sales Q2Q%-5.54%
Revenue Next Year-6.49%
Revenue Next 2Y-3.94%
Revenue Next 3Y-1.32%
Revenue Next 5Y-0.28%
EBIT growth 1Y-16.55%
EBIT growth 3Y29.53%
EBIT growth 5Y13.86%
EBIT Next Year1.35%
EBIT Next 3Y3.23%
EBIT Next 5Y2.12%
FCF growth 1Y12.04%
FCF growth 3Y29.64%
FCF growth 5Y21.5%
OCF growth 1Y15.53%
OCF growth 3Y26.46%
OCF growth 5Y9.59%