HALLIBURTON CO (HAL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:HAL - US4062161017 - Common Stock
31.72 USD
-0.91 (-2.79%)
HAL gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 62 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 on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year HAL was profitable.
In the past year HAL had a positive cash flow from operations.
HAL had positive earnings in 4 of the past 5 years.
In the past 5 years HAL always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 5.20%, HAL is doing good in the industry, outperforming 67.74% of the companies in the same industry.
Looking at the Return On Equity, with a value of 12.83%, HAL is in the better half of the industry, outperforming 79.03% of the companies in the same industry.
HAL's Return On Invested Capital of 13.05% is amongst the best of the industry. HAL outperforms 95.16% of its industry peers.
The Average Return On Invested Capital over the past 3 years for HAL is above the industry average of 12.77%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.2% | ||
| ROE | 12.83% | ||
| ROIC | 13.05% |
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 5.91%. This is in the better half of the industry: HAL outperforms 61.29% of its industry peers.
In the last couple of years the Profit Margin of HAL has grown nicely.
Looking at the Operating Margin, with a value of 14.43%, HAL is in the better half of the industry, outperforming 72.58% of the companies in the same industry.
HAL's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 16.17%, HAL is doing worse than 75.81% of the companies in the same industry.
HAL's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.43% | ||
| PM (TTM) | 5.91% | ||
| GM | 16.17% |
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
HAL has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, HAL has less shares outstanding
The number of shares outstanding for HAL has been reduced compared to 5 years ago.
Compared to 1 year ago, HAL has an improved debt to assets ratio.
2.2 Solvency
HAL has an Altman-Z score of 3.48. This indicates that HAL is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of HAL (3.48) is better than 80.65% of its industry peers.
The Debt to FCF ratio of HAL is 4.02, which is a neutral value as it means it would take HAL, 4.02 years of fcf income to pay off all of its debts.
HAL has a Debt to FCF ratio of 4.02. This is comparable to the rest of the industry: HAL outperforms 56.45% of its industry peers.
HAL has a Debt/Equity ratio of 0.70. This is a neutral value indicating HAL is somewhat dependend on debt financing.
HAL has a worse Debt to Equity ratio (0.70) than 67.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | 4.02 | ||
| Altman-Z | 3.48 |
ROIC/WACC1.56
WACC8.37%
2.3 Liquidity
HAL has a Current Ratio of 1.95. This is a normal value and indicates that HAL is financially healthy and should not expect problems in meeting its short term obligations.
HAL has a Current ratio (1.95) which is comparable to the rest of the industry.
A Quick Ratio of 1.43 indicates that HAL should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.43, HAL is in line with its industry, outperforming 45.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.95 | ||
| Quick Ratio | 1.43 |
3. Growth
3.1 Past
The earnings per share for HAL have decreased strongly by -22.86% in the last year.
Measured over the past years, HAL shows a quite strong growth in Earnings Per Share. The EPS has been growing by 19.25% on average per year.
Looking at the last year, HAL shows a decrease in Revenue. The Revenue has decreased by -4.06% 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)-22.86%
EPS 3Y39.99%
EPS 5Y19.25%
EPS Q2Q%-20.55%
Revenue 1Y (TTM)-4.06%
Revenue growth 3Y14.47%
Revenue growth 5Y0.47%
Sales Q2Q%-1.7%
3.2 Future
HAL is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -1.18% yearly.
Based on estimates for the next years, HAL will show a decrease in Revenue. The Revenue will decrease by -0.26% on average per year.
EPS Next Y-23.49%
EPS Next 2Y-13.67%
EPS Next 3Y-3.55%
EPS Next 5Y-1.18%
Revenue Next Year-4.64%
Revenue Next 2Y-3.1%
Revenue Next 3Y-0.82%
Revenue Next 5Y-0.26%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 13.05, the valuation of HAL can be described as correct.
Based on the Price/Earnings ratio, HAL is valued cheaper than 85.48% of the companies in the same industry.
HAL's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.19.
With a Price/Forward Earnings ratio of 14.23, HAL is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of HAL indicates a somewhat cheap valuation: HAL is cheaper than 79.03% of the companies listed in the same industry.
HAL's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.05 | ||
| Fwd PE | 14.23 |
4.2 Price Multiples
HAL's Enterprise Value to EBITDA is on the same level as the industry average.
67.74% of the companies in the same industry are more expensive than HAL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.25 | ||
| EV/EBITDA | 7.64 |
4.3 Compensation for Growth
The decent profitability rating of HAL may justify a higher PE ratio.
HAL's earnings are expected to decrease with -3.55% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.68
EPS Next 2Y-13.67%
EPS Next 3Y-3.55%
5. Dividend
5.1 Amount
HAL has a Yearly Dividend Yield of 2.11%. Purely for dividend investing, there may be better candidates out there.
HAL's Dividend Yield is a higher than the industry average which is at 1.21.
HAL's Dividend Yield is comparable with the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.11% |
5.2 History
The dividend of HAL decreases each year by -1.06%.
HAL has paid a dividend for at least 10 years, which is a reliable track record.
HAL has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-1.06%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
44.61% of the earnings are spent on dividend by HAL. This is a bit on the high side, but may be sustainable.
HAL's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP44.61%
EPS Next 2Y-13.67%
EPS Next 3Y-3.55%
NYSE:HAL (1/12/2026, 3:10:07 PM)
31.72
-0.91 (-2.79%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners90.8%
Inst Owner Change0.01%
Ins Owners0.43%
Ins Owner Change0.83%
Market Cap26.70B
Revenue(TTM)22.14B
Net Income(TTM)1.31B
Analysts78.75
Price Target31.17 (-1.73%)
Short Float %3.3%
Short Ratio2.41
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.11% |
Yearly Dividend0.68
Dividend Growth(5Y)-1.06%
DP44.61%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7%
Min EPS beat(2)-0.93%
Max EPS beat(2)14.93%
EPS beat(4)1
Avg EPS beat(4)3.13%
Min EPS beat(4)-1.38%
Max EPS beat(4)14.93%
EPS beat(8)3
Avg EPS beat(8)1.95%
EPS beat(12)7
Avg EPS beat(12)2.68%
EPS beat(16)11
Avg EPS beat(16)3.24%
Revenue beat(2)2
Avg Revenue beat(2)1.83%
Min Revenue beat(2)0.79%
Max Revenue beat(2)2.87%
Revenue beat(4)3
Avg Revenue beat(4)0.98%
Min Revenue beat(4)-1.27%
Max Revenue beat(4)2.87%
Revenue beat(8)4
Avg Revenue beat(8)-0.32%
Revenue beat(12)5
Avg Revenue beat(12)-0.42%
Revenue beat(16)8
Avg Revenue beat(16)0.34%
PT rev (1m)3.09%
PT rev (3m)15.3%
EPS NQ rev (1m)0.29%
EPS NQ rev (3m)17.59%
EPS NY rev (1m)0.04%
EPS NY rev (3m)6.77%
Revenue NQ rev (1m)0.11%
Revenue NQ rev (3m)4.52%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)1.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.05 | ||
| Fwd PE | 14.23 | ||
| P/S | 1.21 | ||
| P/FCF | 14.25 | ||
| P/OCF | 8.3 | ||
| P/B | 2.62 | ||
| P/tB | 3.67 | ||
| EV/EBITDA | 7.64 |
EPS(TTM)2.43
EY7.66%
EPS(NY)2.23
Fwd EY7.03%
FCF(TTM)2.23
FCFY7.02%
OCF(TTM)3.82
OCFY12.05%
SpS26.3
BVpS12.12
TBVpS8.63
PEG (NY)N/A
PEG (5Y)0.68
Graham Number25.75
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.2% | ||
| ROE | 12.83% | ||
| ROCE | 16.63% | ||
| ROIC | 13.05% | ||
| ROICexc | 14.59% | ||
| ROICexgc | 17.59% | ||
| OM | 14.43% | ||
| PM (TTM) | 5.91% | ||
| GM | 16.17% | ||
| FCFM | 8.47% |
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%
ROICexgc growth 3Y23.24%
ROICexgc 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 | 0.7 | ||
| Debt/FCF | 4.02 | ||
| Debt/EBITDA | 1.66 | ||
| Cap/Depr | 119.8% | ||
| Cap/Sales | 6.07% | ||
| Interest Coverage | 7.34 | ||
| Cash Conversion | 74.55% | ||
| Profit Quality | 143.16% | ||
| Current Ratio | 1.95 | ||
| Quick Ratio | 1.43 | ||
| Altman-Z | 3.48 |
F-Score5
WACC8.37%
ROIC/WACC1.56
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)-22.86%
EPS 3Y39.99%
EPS 5Y19.25%
EPS Q2Q%-20.55%
EPS Next Y-23.49%
EPS Next 2Y-13.67%
EPS Next 3Y-3.55%
EPS Next 5Y-1.18%
Revenue 1Y (TTM)-4.06%
Revenue growth 3Y14.47%
Revenue growth 5Y0.47%
Sales Q2Q%-1.7%
Revenue Next Year-4.64%
Revenue Next 2Y-3.1%
Revenue Next 3Y-0.82%
Revenue Next 5Y-0.26%
EBIT growth 1Y-21.41%
EBIT growth 3Y29.53%
EBIT growth 5Y13.86%
EBIT Next Year4.49%
EBIT Next 3Y3.59%
EBIT Next 5Y2.46%
FCF growth 1Y-0.37%
FCF growth 3Y29.64%
FCF growth 5Y21.5%
OCF growth 1Y0.19%
OCF growth 3Y26.46%
OCF growth 5Y9.59%
HALLIBURTON CO / HAL FAQ
Can you provide the ChartMill fundamental rating for HALLIBURTON CO?
ChartMill assigns a fundamental rating of 5 / 10 to HAL.
What is the valuation status of HALLIBURTON CO (HAL) stock?
ChartMill assigns a valuation rating of 5 / 10 to HALLIBURTON CO (HAL). This can be considered as Fairly Valued.
Can you provide the profitability details for HALLIBURTON CO?
HALLIBURTON CO (HAL) has a profitability rating of 7 / 10.
What is the earnings growth outlook for HALLIBURTON CO?
The Earnings per Share (EPS) of HALLIBURTON CO (HAL) is expected to decline by -23.49% in the next year.
How sustainable is the dividend of HALLIBURTON CO (HAL) stock?
The dividend rating of HALLIBURTON CO (HAL) is 4 / 10 and the dividend payout ratio is 44.61%.