Halliburton Company
HAL Energy Oil & Gas Equipment & Services
Halliburton Company’s revenue for fiscal 2025 (year ended December 2025) was $22.2 billion, down 3.31% from fiscal 2024. In the quarter to June 2026, revenue grew 3.70%, EPS grew 16.4%, free cash flow grew 14.8% and total debt fell 5.08%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years.
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Halliburton Company (HAL) P/B ratio
As of 16 October 2026, Halliburton Company (HAL) trades at a P/B ratio of 2.5×. Over the past ten years it has ranged from 0.5× (March 2020) to 5.9× (January 2018); the current reading is higher than 34% of that period. That is above the Oil & Gas Equipment & Services industry median of 1.8× and above the Energy sector median of 1.6×.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 2.3× | 0.93% |
| FY2024 | 2.3× | (33.95%) |
| FY2023 | 3.4× | (19.34%) |
| FY2022 | 4.3× | 40.76% |
| FY2021 | 3.0× | (9.26%) |
| FY2020 | 3.3× | 25.24% |
| FY2019 | 2.7× | 9.49% |
| FY2018 | 2.4× | (52.86%) |
| FY2017 | 5.2× | 1.88% |
| FY2016 | 5.1× | 170.78% |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 2.6× | (14.81%) |
| Mar 2026 | 3.0× | 31.38% |
| Dec 2025 | 2.3× | 12.57% |
| Sep 2025 | 2.0× | 23.09% |
| 42 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| NOV NOV Inc. compare | 1.1× |
| TS Tenaris S.A. compare | 1.7× |
| HAL Halliburton Company | 2.5× |
| SLB SLB Limited compare | 2.7× |
| LB LandBridge Company LLC compare | 2.7× |
| BKR Baker Hughes Company compare | 2.8× |
| WFRD Weatherford International PLC compare | 3.1× |
| SEI Solaris Energy Infrastructure, Inc. compare | 3.2× |
| FTI TechnipFMC plc compare | 8.4× |
| Oil & Gas Equipment & Services industry median | 1.8× |
| Energy sector median | 1.6× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on HAL
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement