HAL
Halliburton
$35.17
▲ 0.7%Updated Today 7:15 PM ET
▲ Up 56.8% over the last 12 months
Market Cap
$29.18B
P/E
18.94x
Forward P/E (est.)
24.81x
ROE
14.7%
Revenue Growth
-1.7%
EPS Growth
-23.7%
Profit Margin
7.0%
FCF Yield
10.8%
Debt / Equity
0.7x
ROIC
10.0%
Interest Coverage
—
Current Ratio
2.08x
Dividend Yield
1.8%
Implied Growth (rev. DCF)
3.1%
Rating Score
45/100
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what HAL's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. HAL trades near $35.17, around its 50-day average ($39.82) and 200-day average ($32.20). Price tangled in its moving averages means there is no clear trend — the stock is ranging.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 33 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.
Volatility — ATR. Average True Range is the typical daily move. HAL's is $1.24 (~3.5% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month HAL found buyers near $34.54 (support) and sellers near $42.99 (resistance); its 52-week range is $20.09–$43.59. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 2.0× the 20-day average — heavier than usual, which adds conviction to the move. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
Halliburton (HAL) is a large-cap company in the Oil & Gas Equipment & Services industry, part of the Energy sector of the S&P 500, with a market value around $29.18B.
In its latest reported year it generated about $22.18B in revenue and $1.28B in net profit.
Our model rates HAL Neutral (45/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
4Y CAGR
9.7%
Revenue moved from $15.29B in 2021 to $22.18B in 2025, a 9.7% compound annual growth rate. The most recent year declined 1.7% year over year. Shrinking revenue is worth a closer look — is it cyclical or structural?
Gross Margin
15.7%
Operating Margin
10.2%
Net Margin
5.8%
ROE
14.7%
Halliburton keeps about 7.0% of each sales dollar as net profit, with a 15.7% gross margin and 10.2% operating margin. Return on equity is 14.7% and return on invested capital about 10.0%. Margins are moderate — typical of a competitive but profitable business.
Total Debt
$7.07B
Net Debt
$5.07B
Net Debt / EBITDA
2.24x
Debt / Equity
0.7x
Leverage: debt-to-equity is 0.7x, with a current ratio of 2.1x. That is a moderate, manageable debt load for most businesses. It carries roughly $7.07B of total debt against $2.00B of cash.
Operating CF
$2.93B
Free Cash Flow
$1.67B
FCF Margin
7.5%
In the latest year Halliburton produced about $2.93B of operating cash flow and $1.67B of free cash flow after capital spending. That is a free-cash-flow yield of about 10.8% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
P/E
18.94x
P/S
1.4x
P/B
2.13x
EV / EBITDA
10.64x
HAL trades at 18.9x trailing earnings (about 24.8x on estimated forward earnings), 1.4x sales, and 2.1x book value. Reverse-engineering today's price implies the market expects roughly 3.1% long-term free-cash-flow growth. That is a fairly typical valuation for a profitable company.
Where this stock sits versus what most companies trade at.
Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.
How HAL stacks up against its Energy peers — valuation, profitability, and growth versus the sector median.
In the Energy sector (21 S&P 500 companies), HAL ranks #17 of 21 by our overall rating. It trades at roughly in line versus the sector on earnings (18.9x P/E vs. 18.9x median) with a lower return on equity (14.7% vs. 14.8%) and slower revenue growth (-1.7% vs. -0.4%).
P/E vs sector
18.9x
median 18.9x
ROE vs sector
14.7%
median 14.8%
Growth vs sector
-1.7%
median -0.4%
Sector rank
#17
of 21 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Energy companies by sub-industry and size. Sector median is across all 21 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$20.32 – $35.09
vs. $35.17 today · expected CAGR -10% – -0%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $22.85B | $23.54B | $24.24B | $24.97B | $25.72B |
| Net income | $1.37B | $1.41B | $1.45B | $1.50B | $1.54B |
| EPS | $1.64 | $1.69 | $1.74 | $1.79 | $1.85 |
| Share price (low) | $18.05 | $18.59 | $19.15 | $19.73 | $20.32 |
| Share price (high) | $31.18 | $32.12 | $33.08 | $34.07 | $35.09 |
| CAGR (low–high) | -49% / -11% | -27% / -4% | -18% / -2% | -13% / -1% | -10% / -0% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for HAL:
- Healthy free-cash-flow yield (~10.8%) funds buybacks and dividends.
- As an established S&P 500 member in Energy, it brings scale and a long operating history.
The case against HAL:
- Revenue growth is slow/negative (-1.7%), limiting the upside engine.
- Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Growth risk — sluggish revenue (-1.7%) leaves little margin for execution missteps.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the picture is mixed: Halliburton is a large-cap energy business with shrinking revenue, with modest profitability, and a heavier debt load to watch. It trades at 18.9x earnings, which our model scores Neutral (45/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.