H

HALLIBURTON COMPANY

HAL · CIK 0000045012

19 fiscal years · 0 SEC filings · every number carries its receipt

Revenue (FY)
$22.18B3.3%
FY2025
Net income (FY)
$1.28B48.7%
FY2025
Free cash flow (FY)
$1.67B31.0%
FY2025
Diluted EPS (FY)
$-1.29168.3%
FY2019
The story, charted

The shape of the business

FY2007–FY2025 · hover any year for its receipt
Revenue & net incomeRevenueNet income
$0$20BFY2007 · Revenue $15.26B · Net income $3.49B · 0000045012-10-000085 · filed 2010-02-17FY07Revenue $15.26BNet income $3.49B0000045012-10-000085 · filed 2010-02-17FY2008 · Revenue $18.28B · Net income $2.22B · 0000045012-11-000087 · filed 2011-02-17FY08Revenue $18.28BNet income $2.22B0000045012-11-000087 · filed 2011-02-17FY2009 · Revenue $14.68B · Net income $1.15B · 0000045012-11-000087 · filed 2011-02-17 · 0000045012-12-000075 · filed 2012-02-16FY09Revenue $14.68BNet income $1.15B0000045012-11-000087 · filed 2011-02-17 · 0000045012-12-000075 · filed 2012-02-16FY2010 · Revenue $17.97B · Net income $1.83B · 0000045012-11-000087 · filed 2011-02-17 · 0000045012-13-000086 · filed 2013-02-11FY10Revenue $17.97BNet income $1.83B0000045012-11-000087 · filed 2011-02-17 · 0000045012-13-000086 · filed 2013-02-11FY2011 · Revenue $24.83B · Net income $2.84B · 0000045012-14-000069 · filed 2014-02-07FY11Revenue $24.83BNet income $2.84B0000045012-14-000069 · filed 2014-02-07FY2012 · Revenue $28.50B · Net income $2.63B · 0000045012-15-000040 · filed 2015-02-24FY12Revenue $28.50BNet income $2.63B0000045012-15-000040 · filed 2015-02-24FY2013 · Revenue $29.40B · Net income $2.13B · 0000045012-16-000272 · filed 2016-02-05FY13Revenue $29.40BNet income $2.13B0000045012-16-000272 · filed 2016-02-05FY2014 · Revenue $32.87B · Net income $3.50B · 0000045012-17-000047 · filed 2017-02-07FY14Revenue $32.87BNet income $3.50B0000045012-17-000047 · filed 2017-02-07FY2015 · Revenue $23.63B · Net income −$671.0M · 0000045012-18-000059 · filed 2018-02-09FY15Revenue $23.63BNet income −$671.0M0000045012-18-000059 · filed 2018-02-09FY2016 · Revenue $15.89B · Net income −$5.76B · 0000045012-18-000059 · filed 2018-02-09 · 0000045012-19-000044 · filed 2019-02-13FY16Revenue $15.89BNet income −$5.76B0000045012-18-000059 · filed 2018-02-09 · 0000045012-19-000044 · filed 2019-02-13FY2017 · Revenue $20.62B · Net income −$463.0M · 0000045012-18-000059 · filed 2018-02-09 · 0000045012-20-000031 · filed 2020-02-11FY17Revenue $20.62BNet income −$463.0M0000045012-18-000059 · filed 2018-02-09 · 0000045012-20-000031 · filed 2020-02-11FY2018 · Revenue $24.00B · Net income $1.66B · 0000045012-21-000009 · filed 2021-02-05FY18Revenue $24.00BNet income $1.66B0000045012-21-000009 · filed 2021-02-05FY2019 · Revenue $22.41B · Net income −$1.13B · 0000045012-22-000013 · filed 2022-02-04FY19Revenue $22.41BNet income −$1.13B0000045012-22-000013 · filed 2022-02-04FY2020 · Revenue $14.45B · Net income −$2.94B · 0000045012-23-000011 · filed 2023-02-07FY20Revenue $14.45BNet income −$2.94B0000045012-23-000011 · filed 2023-02-07FY2021 · Revenue $15.29B · Net income $1.46B · 0000045012-24-000007 · filed 2024-02-06FY21Revenue $15.29BNet income $1.46B0000045012-24-000007 · filed 2024-02-06FY2022 · Revenue $20.30B · Net income $1.57B · 0000045012-25-000010 · filed 2025-02-12FY22Revenue $20.30BNet income $1.57B0000045012-25-000010 · filed 2025-02-12FY2023 · Revenue $23.02B · Net income $2.64B · 0000045012-26-000015 · filed 2026-02-06FY23Revenue $23.02BNet income $2.64B0000045012-26-000015 · filed 2026-02-06FY2024 · Revenue $22.94B · Net income $2.50B · 0000045012-26-000015 · filed 2026-02-06FY24Revenue $22.94BNet income $2.50B0000045012-26-000015 · filed 2026-02-06FY2025 · Revenue $22.18B · Net income $1.28B · 0000045012-26-000015 · filed 2026-02-06FY25Revenue $22.18BNet income $1.28B0000045012-26-000015 · filed 2026-02-06FY25Revenue $22.18BNet income $1.28B0000045012-26-000015 · filed 2026-02-06FY07FY10FY13FY16FY19FY22FY25

revenue 1.5× since FY2007 · net margin 22.8% → 5.8%

MarginsNet marginFCF margin
-20%0%20%FY2007 · Net margin 22.8% · FCF margin 7.5%FY07Net margin 22.8%FCF margin 7.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2008 · Net margin 12.2% · FCF margin 4.7%FY08Net margin 12.2%FCF margin 4.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2009 · Net margin 7.8% · FCF margin 3.7%FY09Net margin 7.8%FCF margin 3.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2010 · Net margin 10.2% · FCF margin 0.8%FY10Net margin 10.2%FCF margin 0.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2011 · Net margin 11.4% · FCF margin 2.9%FY11Net margin 11.4%FCF margin 2.9%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2012 · Net margin 9.2% · FCF margin 0.3%FY12Net margin 9.2%FCF margin 0.3%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2013 · Net margin 7.2% · FCF margin 5.1%FY13Net margin 7.2%FCF margin 5.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2014 · Net margin 10.6% · FCF margin 2.4%FY14Net margin 10.6%FCF margin 2.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2015 · Net margin -2.8% · FCF margin 3.1%FY15Net margin -2.8%FCF margin 3.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2016 · Net margin -36.3% · FCF margin -15.7%FY16Net margin -36.3%FCF margin -15.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2017 · Net margin -2.2% · FCF margin 5.3%FY17Net margin -2.2%FCF margin 5.3%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2018 · Net margin 6.9% · FCF margin 4.7%FY18Net margin 6.9%FCF margin 4.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2019 · Net margin -5.0% · FCF margin 4.1%FY19Net margin -5.0%FCF margin 4.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2020 · Net margin -20.4% · FCF margin 8.0%FY20Net margin -20.4%FCF margin 8.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2021 · Net margin 9.5% · FCF margin 7.3%FY21Net margin 9.5%FCF margin 7.3%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2022 · Net margin 7.7% · FCF margin 6.1%FY22Net margin 7.7%FCF margin 6.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2023 · Net margin 11.5% · FCF margin 9.0%FY23Net margin 11.5%FCF margin 9.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2024 · Net margin 10.9% · FCF margin 10.6%FY24Net margin 10.9%FCF margin 10.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2025 · Net margin 5.8% · FCF margin 7.5%FY25Net margin 5.8%FCF margin 7.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY25Net margin 5.8%FCF margin 7.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenue’09’13’17’21’25

FY2025: net 5.8% · free cash flow 7.5% of revenue

Cash engineOperating cash flowFree cash flow
−$2B$0$2B$4BFY2007 · OCF $2.73B · FCF $1.14B · 0000045012-10-000085 · filed 2010-02-17FY07OCF $2.73BFCF $1.14B0000045012-10-000085 · filed 2010-02-17FY2008 · OCF $2.67B · FCF $850.0M · 0000045012-11-000087 · filed 2011-02-17FY08OCF $2.67BFCF $850.0M0000045012-11-000087 · filed 2011-02-17FY2009 · OCF $2.41B · FCF $542.0M · 0000045012-12-000075 · filed 2012-02-16FY09OCF $2.41BFCF $542.0M0000045012-12-000075 · filed 2012-02-16FY2010 · OCF $2.21B · FCF $143.0M · 0000045012-13-000086 · filed 2013-02-11FY10OCF $2.21BFCF $143.0M0000045012-13-000086 · filed 2013-02-11FY2011 · OCF $3.68B · FCF $731.0M · 0000045012-14-000069 · filed 2014-02-07FY11OCF $3.68BFCF $731.0M0000045012-14-000069 · filed 2014-02-07FY2012 · OCF $3.65B · FCF $88.0M · 0000045012-15-000040 · filed 2015-02-24FY12OCF $3.65BFCF $88.0M0000045012-15-000040 · filed 2015-02-24FY2013 · OCF $4.45B · FCF $1.51B · 0000045012-16-000272 · filed 2016-02-05FY13OCF $4.45BFCF $1.51B0000045012-16-000272 · filed 2016-02-05FY2014 · OCF $4.06B · FCF $779.0M · 0000045012-17-000047 · filed 2017-02-07FY14OCF $4.06BFCF $779.0M0000045012-17-000047 · filed 2017-02-07FY2015 · OCF $2.91B · FCF $722.0M · 0000045012-18-000059 · filed 2018-02-09FY15OCF $2.91BFCF $722.0M0000045012-18-000059 · filed 2018-02-09FY2016 · OCF −$1.70B · FCF −$2.50B · 0000045012-19-000044 · filed 2019-02-13FY16OCF −$1.70BFCF −$2.50B0000045012-19-000044 · filed 2019-02-13FY2017 · OCF $2.47B · FCF $1.09B · 0000045012-20-000031 · filed 2020-02-11FY17OCF $2.47BFCF $1.09B0000045012-20-000031 · filed 2020-02-11FY2018 · OCF $3.16B · FCF $1.13B · 0000045012-21-000009 · filed 2021-02-05FY18OCF $3.16BFCF $1.13B0000045012-21-000009 · filed 2021-02-05FY2019 · OCF $2.44B · FCF $915.0M · 0000045012-22-000013 · filed 2022-02-04FY19OCF $2.44BFCF $915.0M0000045012-22-000013 · filed 2022-02-04FY2020 · OCF $1.88B · FCF $1.15B · 0000045012-23-000011 · filed 2023-02-07FY20OCF $1.88BFCF $1.15B0000045012-23-000011 · filed 2023-02-07FY2021 · OCF $1.91B · FCF $1.11B · 0000045012-24-000007 · filed 2024-02-06FY21OCF $1.91BFCF $1.11B0000045012-24-000007 · filed 2024-02-06FY2022 · OCF $2.24B · FCF $1.23B · 0000045012-25-000010 · filed 2025-02-12FY22OCF $2.24BFCF $1.23B0000045012-25-000010 · filed 2025-02-12FY2023 · OCF $3.46B · FCF $2.08B · 0000045012-26-000015 · filed 2026-02-06FY23OCF $3.46BFCF $2.08B0000045012-26-000015 · filed 2026-02-06FY2024 · OCF $3.87B · FCF $2.42B · 0000045012-26-000015 · filed 2026-02-06FY24OCF $3.87BFCF $2.42B0000045012-26-000015 · filed 2026-02-06FY2025 · OCF $2.93B · FCF $1.67B · 0000045012-26-000015 · filed 2026-02-06FY25OCF $2.93BFCF $1.67B0000045012-26-000015 · filed 2026-02-06FY25OCF $2.93BFCF $1.67B0000045012-26-000015 · filed 2026-02-06’09’13’17’21’25

FY2025: $2.93B operating cash − $1.25B capex = $1.67B free cash flow

Returns on capitalReturn on equityReturn on assets
-50%0%FY2008 · ROE 28.8% · ROA 15.5%FY08ROE 28.8%ROA 15.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2009 · ROE 13.1% · ROA 6.9%FY09ROE 13.1%ROA 6.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2010 · ROE 17.7% · ROA 10.0%FY10ROE 17.7%ROA 10.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2011 · ROE 21.5% · ROA 12.0%FY11ROE 21.5%ROA 12.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2012 · ROE 16.7% · ROA 9.6%FY12ROE 16.7%ROA 9.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2013 · ROE 15.6% · ROA 7.3%FY13ROE 15.6%ROA 7.3%derived: net income ÷ equity · derived: net income ÷ assetsFY2014 · ROE 21.5% · ROA 10.9%FY14ROE 21.5%ROA 10.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2015 · ROE -4.3% · ROA -1.8%FY15ROE -4.3%ROA -1.8%derived: net income ÷ equity · derived: net income ÷ assetsFY2016 · ROE -61.2% · ROA -21.3%FY16ROE -61.2%ROA -21.3%derived: net income ÷ equity · derived: net income ÷ assetsFY2017 · ROE -5.6% · ROA -1.8%FY17ROE -5.6%ROA -1.8%derived: net income ÷ equity · derived: net income ÷ assetsFY2018 · ROE 17.4% · ROA 6.4%FY18ROE 17.4%ROA 6.4%derived: net income ÷ equity · derived: net income ÷ assetsFY2019 · ROE -14.1% · ROA -4.5%FY19ROE -14.1%ROA -4.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2020 · ROE -59.2% · ROA -14.2%FY20ROE -59.2%ROA -14.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2021 · ROE 21.7% · ROA 6.5%FY21ROE 21.7%ROA 6.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2022 · ROE 19.8% · ROA 6.8%FY22ROE 19.8%ROA 6.8%derived: net income ÷ equity · derived: net income ÷ assetsFY2023 · ROE 28.1% · ROA 10.7%FY23ROE 28.1%ROA 10.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2024 · ROE 23.8% · ROA 9.8%FY24ROE 23.8%ROA 9.8%derived: net income ÷ equity · derived: net income ÷ assetsFY2025 · ROE 12.3% · ROA 5.1%FY25ROE 12.3%ROA 5.1%derived: net income ÷ equity · derived: net income ÷ assetsFY25ROE 12.3%ROA 5.1%derived: net income ÷ equity · derived: net income ÷ assets’09’13’17’21’25

return on equity 29% (FY2008) → 12% (FY2025) · on assets 5.1%

Balance sheetLiabilitiesEquity
$0$10B$20B$30BFY2008 · Liabilities $6.64B · Equity $7.72BFY08Liabilities $6.64BEquity $7.72B0000045012-10-000085 · filed 2010-02-17FY2009 · Liabilities $7.78B · Equity $8.73BFY09Liabilities $7.78BEquity $8.73B0000045012-11-000087 · filed 2011-02-17FY2010 · Liabilities $7.91B · Equity $10.37BFY10Liabilities $7.91BEquity $10.37B0000045012-12-000075 · filed 2012-02-16FY2011 · Liabilities $10.46B · Equity $13.20BFY11Liabilities $10.46BEquity $13.20B0000045012-13-000086 · filed 2013-02-11FY2012 · Liabilities $11.62B · Equity $15.77BFY12Liabilities $11.62BEquity $15.77B0000045012-14-000069 · filed 2014-02-07FY2013 · Liabilities $15.61B · Equity $13.58BFY13Liabilities $15.61BEquity $13.58B0000045012-15-000040 · filed 2015-02-24FY2014 · Liabilities $15.87B · Equity $16.27BFY14Liabilities $15.87BEquity $16.27B0000045012-16-000272 · filed 2016-02-05FY2015 · Liabilities $21.45B · Equity $15.46BFY15Liabilities $21.45BEquity $15.46B0000045012-17-000047 · filed 2017-02-07FY2016 · Liabilities $17.55B · Equity $9.41BFY16Liabilities $17.55BEquity $9.41B0000045012-18-000059 · filed 2018-02-09FY2017 · Liabilities $16.74B · Equity $8.32BFY17Liabilities $16.74BEquity $8.32B0000045012-19-000044 · filed 2019-02-13FY2018 · Liabilities $16.44B · Equity $9.52BFY18Liabilities $16.44BEquity $9.52B0000045012-20-000031 · filed 2020-02-11FY2019 · Liabilities $17.35B · Equity $8.01BFY19Liabilities $17.35BEquity $8.01B0000045012-21-000009 · filed 2021-02-05FY2020 · Liabilities $15.70B · Equity $4.97BFY20Liabilities $15.70BEquity $4.97B0000045012-22-000013 · filed 2022-02-04FY2021 · Liabilities $15.59B · Equity $6.71BFY21Liabilities $15.59BEquity $6.71B0000045012-23-000011 · filed 2023-02-07FY2022 · Liabilities $15.28B · Equity $7.95BFY22Liabilities $15.28BEquity $7.95B0000045012-24-000007 · filed 2024-02-06FY2023 · Liabilities $15.25B · Equity $9.39BFY23Liabilities $15.25BEquity $9.39B0000045012-25-000010 · filed 2025-02-12FY2024 · Liabilities $15.04B · Equity $10.51BFY24Liabilities $15.04BEquity $10.51B0000045012-26-000015 · filed 2026-02-06FY2025 · Liabilities $14.51B · Equity $10.46BFY25Liabilities $14.51BEquity $10.46B0000045012-26-000015 · filed 2026-02-06FY25Liabilities $14.51BEquity $10.46B0000045012-26-000015 · filed 2026-02-06’09’13’17’21’25

FY2025: $25.01B assets · $14.51B liabilities · $10.46B equity

The receipts