HAL vs SHEL
Halliburton Co. and Shell PLC, side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | HAL | SHEL |
|---|---|---|
| Revenue | $22.2B | $266.9B |
| Net income | $1.3B | $17.8B |
| Gross margin | · | · |
| Net margin | 5.8% | 6.8% |
| Return on equity | 12.2% | 10.1% |
| Diluted EPS | · | $3.00 |
| Dividend / share | · | $1.43 |
| Payout ratio | 45.1% | 47.5% |
| Free cash flow | $1.7B | · |
| Equity | $10.5B | $174.4B |
| Net debt / equity | 0.47× | 0.26× |
| Current ratio | 2.04× | 1.30× |
| Revenue CAGR 5y | 9.0% | 8.1% |
| Profit CAGR 5y | · | · |
SHEL bills 12.0× the revenue of HAL, and keeps more of each dollar of revenue as profit (6.8% against 5.8%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | HAL | SHEL |
|---|---|---|
| FY2025 | $22.2B | $266.9B |
| FY2024 | $22.9B | $284.3B |
| FY2023 | $23.0B | $316.6B |
| FY2022 | $20.3B | $381.3B |
| FY2021 | $15.3B | $261.5B |
| FY2020 | $14.4B | $180.5B |
| FY2019 | $22.4B | $344.9B |
| FY2018 | $24.0B | $388.4B |
| FY2017 | $20.6B | $305.2B |
| FY2016 | $15.9B | $233.6B |
Bottom line
| Fiscal year | HAL | SHEL |
|---|---|---|
| FY2025 | $1.3B | $17.8B |
| FY2024 | $2.5B | $16.1B |
| FY2023 | $2.6B | $19.4B |
| FY2022 | $1.6B | $42.3B |
| FY2021 | $1.5B | $20.1B |
| FY2020 | $-2.9B | $-21.7B |
| FY2019 | $-1.1B | $15.8B |
| FY2018 | $1.7B | $23.4B |
| FY2017 | $-463.0M | $13.0B |
| FY2016 | $-5.8B | $4.6B |
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$244,702,000,000 | SHEL |
| FY2024 | −$261,368,000,000 | SHEL |
| FY2023 | −$293,602,000,000 | SHEL |
| FY2022 | −$361,017,000,000 | SHEL |
| FY2021 | −$246,209,000,000 | SHEL |
| FY2020 | −$166,098,000,000 | SHEL |
| FY2019 | −$322,469,000,000 | SHEL |
| FY2018 | −$364,384,000,000 | SHEL |
| FY2017 | −$284,559,000,000 | SHEL |
| FY2016 | −$217,704,000,000 | SHEL |
| FY2015 | −$241,327,000,000 | SHEL |
SHEL has reported the higher revenue in every one of these 11 fiscal years. The gap has widened since the earliest year compared.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −1.0 pp | SHEL |
| FY2024 | +5.2 pp | HAL |
| FY2023 | +5.4 pp | HAL |
| FY2022 | −3.4 pp | SHEL |
| FY2021 | +1.7 pp | HAL |
| FY2020 | −8.4 pp | SHEL |
| FY2019 | −9.8 pp | SHEL |
| FY2018 | +0.8 pp | HAL |
| FY2017 | −6.7 pp | SHEL |
| FY2016 | −38.4 pp | SHEL |
| FY2015 | −3.7 pp | SHEL |
The higher net margin has changed hands between HAL and SHEL over this period.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
HAL's net margin has been more volatile than SHEL's over the 11 comparable fiscal years — 14.3 percentage points of standard deviation against 5.7.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between HAL and SHEL over these 11 fiscal years — HAL led in 4 and SHEL in 7.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
HAL's return on equity has been more volatile than SHEL's over the 11 comparable fiscal years — 26.1 percentage points of standard deviation against 8.4.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between HAL and SHEL over these 11 fiscal years — HAL led in 5 and SHEL in 6.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.