Halliburton Financial Ratios
NYSE: HALEnergyOilfield Services/EquipmentUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Halliburton ratio analysis
Halliburton earned a net margin of 5.8% in FY 2025, down from 10.9% a year earlier. Return on equity reached 12.3%, meaning Halliburton generated 0.12 dollars of profit for every dollar of shareholders' equity. Debt-to-equity stood at 0.68 versus 0.72 the year before, and the current ratio was 2.04.
At the end of FY 2025, HAL traded at 19.7 times earnings; across the 6 fiscal years shown, its year-end P/E ranged from 9.8 to 22.7, with a median of 14.5. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Halliburton financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 19.73 | 9.78 | 12.38 | 22.75 | 14.03 | — | — | 15.04 | — | — |
| Price / sales | 1.14 | 1.06 | 1.41 | 1.75 | 1.33 | 1.15 | 0.97 | 1.04 | 2.06 | 2.93 |
| Price / book | 2.41 | 2.32 | 3.46 | 4.48 | 3.04 | 3.35 | 2.70 | 2.61 | 5.11 | 4.95 |
| Gross margin | — | — | — | — | — | — | — | — | 79.9% | 76.3% |
| Operating margin | 10.2% | 16.7% | 17.7% | 13.3% | 11.8% | -16.9% | -2.0% | 10.3% | 6.7% | -42.6% |
| Net margin | 5.8% | 10.9% | 11.5% | 7.7% | 9.5% | -20.4% | -5.0% | 6.9% | -2.2% | -36.3% |
| Free cash flow margin | 7.5% | 10.6% | 9.0% | 6.1% | 7.3% | 8.0% | 4.1% | 4.7% | 5.3% | -15.7% |
| Return on equity (ROE) | 12.3% | 23.8% | 28.1% | 19.8% | 21.7% | -59.2% | -14.1% | 17.4% | -5.6% | -61.2% |
| Return on assets (ROA) | 5.1% | 9.8% | 10.7% | 6.8% | 6.5% | -14.2% | -4.5% | 6.4% | -1.8% | -21.3% |
| Debt / equity | 0.68 | 0.72 | 0.81 | 1.00 | 1.36 | 1.98 | 1.29 | 1.09 | 1.31 | 1.32 |
| Current ratio | 2.04 | 2.05 | 2.06 | 2.05 | 2.31 | 2.14 | 2.30 | 2.32 | 2.22 | 2.90 |
| Revenue growth | -3.3% | -0.3% | 13.4% | 32.7% | 5.9% | -35.5% | -6.6% | 16.4% | 29.8% | -32.8% |
| EPS growth | -47.0% | -3.1% | 68.8% | 6.1% | — | — | -168.3% | — | — | — |