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.

33.50 0.61 +1.85%
Market cap
$27.4B
P/E
17.5×
Fwd P/E
16.7×
Dividend yield
2.03%
F-score
5/9
Altman Z
3.30
Beneish M
−2.70
Dividend safety
73/100

Halliburton Company (HAL) P/B ratio

Alert me on 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

Against its own ten years

Low 0.5× High 5.9×
Ten-year median 3.2×
Current reading's percentile 28

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))

The full definition of P/B ratio →

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