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MARKETS / NYSE / HAL
NYSE · OIL & GAS FIELD SERVICES, NEC · LARGE CAP

Halliburton Co. HAL

19 fiscal years on record · USD · FY2025 reported · SEC filings only
3 YEARS OF DIVIDEND GROWTH
$22.2B
▼ 3.3% YoY
$1.3B
▼ 48.7% YoY
$1.7B
▼ 31.0% YoY
In brief

What this company does

Halliburton Company provides products and services to the energy industry across the lifecycle of the reservoir, including locating hydrocarbons and managing geological data, drilling and formation evaluation, well construction and completion, and production optimization. With over 46,000 employees, representing 146 nationalities, the Company operates in more than 70 countries. In 2025, 39% of the Company's consolidated revenue came from the United States, based on the location of services provided and products sold. Halliburton operates under two divisions that form the basis of its two reportable segments, the Completion and Production segment and the Drilling and Evaluation segment. The Completion and Production segment delivers cementing, stimulation, specialty chemicals, intervention, pressure control, artificial lift, and completion products and services. The Drilling and Evaluation segment provides field and reservoir modeling, drilling, fluids, evaluation and wellbore placement solutions that enable customers to model, measure, drill, and optimize well construction activities. The Company's predecessor was established in 1919 and incorporated under the laws of the State of Delaware in 1924.

Written from the business description in HALLIBURTON COMPANY's annual report to the U.S. Securities and Exchange Commission, filed 6 February 2026. Every sentence was checked against that document before publication.

Growth
USD 22.2B
Revenue, FY2025 · full 19-year series below
Revenue $B Net income $B
FY2025 · Revenue 22.2 · Net income 1.3
20B-2B-4B2007201020132016201920222025
Compound annual growth
+3.0%
+9.0%
−0.6%
+1.4%
−6.5%
−2.4%
−4.8%
−6.2%
+55.7%
−1.1%
+0.8%
+48.3%
+38.6%
+9.3%
+9.8%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +9.0% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
6 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 10.2% · Net 5.8%
10%20%-20%-40%2007201020132016201920222025
ROE
FY2025 · ROE 12.2%
10%20%30%-20%-40%2007201020132016201920222025

Each USD of equity produced 12 cents of profit this year.

Cash & shareholders
USD 1.5B
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 1.7
1B2B-1B-2B2007201020132016201920222025
Net buybacks $B Dividends $B
FY2025 · Dividends 0.6 · Net buybacks 0.9
2B4BDividendsNet buybacks2007201020132016201920222025

USD 579.0M in dividends and USD 909.0M in buybacks — 116% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 25.0B
EquityUSD 10.5B
CashUSD 2.2B
Gross debtUSD 7.2B
Net debtUSD 5.0B
Current ratio2.04×

Net debt stands at 47% of equity.

The 19-year record
19 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019201820172016201520142013201220112010200920082007
Revenue $B22.222.923.020.315.314.422.424.020.615.923.632.929.428.524.818.014.718.315.3
Operating income $B2.33.84.12.71.8−2.4−0.42.51.4−6.8−0.25.13.14.24.73.02.04.03.5
EBITDA $B3.44.95.13.62.7−1.41.24.12.9−5.31.77.25.05.86.14.12.9··
Income tax $B0.50.70.70.5−0.2−0.30.00.21.1−1.9−0.31.30.61.21.40.90.51.2·
Net income $B1.32.52.61.61.5−2.9−1.11.7−0.5−5.8−0.73.52.12.62.81.81.12.23.5
Free cash flow $B1.72.42.11.21.11.20.91.11.1−2.50.70.81.50.10.70.10.50.81.1
EPS, diluted $····1.63−3.34−1.291.89−0.53−6.69−0.794.112.362.843.082.011.272.453.65
Dividend / sh $·0.680.640.480.180.320.720.720.720.720.720.630.360.360.360.36···
Payout %4524222811−9−5638−135−11−92152213121828149
ROE %12.225.130.421.424.9−45.4−12.918.6−5.2−46.3−4.223.514.518.224.119.213.928.8·
Shares out B0.830.870.890.900.900.890.880.870.870.870.860.850.850.930.920.910.000.90·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

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This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 70 reconciliationsAUDITED

Reconciled in 19 of 19 fiscal years. 14 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityOil & Gas Field Services, NEC
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2007

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