Halliburton Co. HAL
Oilfield Services/Equipment · data as of November 13, 2026
Halliburton Co. (HAL) is a energy company listed in the US with a market value of about $27.9B. In the twelve months to September 30, 2026 it had revenue of $22.5B and net income of $2.0B, a net margin of 8.9%.
Its overall Stock Analiz score is 2.8 out of 5 (average). The strongest part is shareholder returns (4/5); the weakest is future growth (1/5).
Key numbers: a P/E of 14.1, a price to free cash flow of 17.5, 5-year revenue growth of 9% a year, a 5-year average ROIC of 13%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 4% below the current price.
Score: 2.8 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- 3-year free cash flow growth above 10% a year
- 5-year revenue growth above 8% a year
- 5-year average ROIC above 12%
- Profitable 5 years in a row
- Positive free cash flow
Checks not passed
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
- ROE above 15%
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $22.5B | $22.2B | $22.9B | $23.0B | $20.3B | $15.3B | $14.4B | $22.4B | $24.0B | $20.6B | $15.9B |
| Net income | $2.0B | $1.3B | $2.5B | $2.6B | $1.6B | $1.5B | -$2.9B | -$1.1B | $1.7B | -$463M | -$5.8B |
| Free cash flow | $1.6B | $1.7B | $2.4B | $2.1B | $1.2B | $1.1B | $1.2B | $915M | $1.1B | $1.1B | -$2.5B |
| EPS (diluted) | $2.39 | $1.50 | $2.83 | $2.92 | $1.73 | $0.00 | $-0.00 | $-0.00 | $0.00 | $-0.00 | $-0.00 |
| Net margin | 8.9% | 5.8% | 10.9% | 11.5% | 7.7% | 9.5% | -20.4% | -5.1% | 6.9% | -2.2% | -36.3% |
| ROIC | — | 8.9% | 15.6% | 17.8% | 12.1% | 8.4% | -14.1% | -1.8% | 11.3% | 5.6% | -23.5% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 25 analysts is $43.56, 29% above the current price; targets range from $29.00 to $51.00; the consensus rating is “Buy”; expected EPS is $2.33 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Halliburton’s P/E ratio?
About 14.1, based on the last twelve months of diluted earnings per share (forward P/E about 12.4).
Is Halliburton stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 4% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Halliburton pay a dividend?
Yes. The dividend yield is about 2.07%, and it has paid dividends for 10 years in our data.
Is Halliburton a good stock to buy?
We do not give buy or sell advice. Halliburton scores 2.8 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
Similar companies
Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.