Halliburton Company

Research Halliburton Company (HAL) on Bullrun: valuation model: 13.4% overvalued, market cap USD 27.15B, P/E 17.0, dividend yield 2.1%. Explore financials, valuation history, model signals, and stock context.

Key Metrics

TickerHAL
ExchangeNYSE
CountryUnited States
SectorEnergy
IndustryOil & Gas Equipment & Services
CurrencyUSD
Valuation signal13.4% overvalued
Market capUSD 27.15B
P/E17.0
Dividend yield2.1%
Financial periodQ2 2026
RevenueUSD 5.71B
Net incomeUSD 534.00M
Free cash flowUSD 589.00M
Gross margin14.1%

Valuation Snapshot

Bullrun's latest valuation model marks Halliburton Company as 13.4% overvalued; latest market cap is USD 27.15B; P/E is 17.0; dividend yield is 2.1%.

Peer valuation comparison

Latest P/E is 17.05x versus a Energy sector median of 15.51x (9.9% above).

Latest dividend yield is 2.09% versus a Energy sector median of 3.67% (43.1% below).

Five-year financial history

Year	Revenue	Net income	Free cash flow	Gross margin	Diluted EPS	Cash	Total debt	Equity
FY2025	USD 22.18B	USD 1.28B	USD 1.67B	15.7%	1.5	USD 2.21B	USD 7.16B	USD 10.46B
FY2024	USD 22.94B	USD 2.50B	USD 2.42B	18.7%	2.83	USD 2.62B	USD 7.54B	USD 10.51B
FY2023	USD 23.02B	USD 2.64B	USD 2.08B	18.9%	2.92	USD 2.26B	USD 7.64B	USD 9.39B
FY2022	USD 20.30B	USD 1.57B	USD 1.23B	16.3%	1.74	USD 2.35B	USD 7.93B	USD 7.95B

Valuation history

Year	Snapshot date	Market cap	P/E	Dividend yield	Annual dividend/share
2026	2026-10-09	USD 27.15B	17.0	2.1%	0.68
2025	2025-12-31	USD 23.59B	18.7	2.4%	0.68
2024	2024-12-31	USD 23.60B	9.6	2.5%	0.68
2023	2023-12-29	USD 32.36B	12.4	1.8%	0.64
2022	2022-12-30	USD 35.73B	20.4	1.2%	0.48
2021	2021-12-31	USD 20.49B	14.0	0.9%	0.2

Dividend history

Latest trailing dividend snapshot: annual dividend/share 0.68 USD, yield 2.1%.

Year	Dividends/share
FY2025	0.68 USD
FY2024	0.68 USD
FY2023	0.64 USD
FY2022	0.48 USD

About Halliburton Company

Halliburton Company provides products and services to the energy industry worldwide. It operates in two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services that include stimulation and sand control services; cementing services, such as well bonding and casing, and casing equipment;

ETFs that hold Halliburton Company

Halliburton Company is one of the ten largest holdings of one ETF that investors in Europe can buy:

ETF	Weight	TER
VanEck Oil Services UCITS ETF	9.64%	0.35%

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Frequently asked questions

Is Halliburton Company overvalued or undervalued?

Bullrun's valuation model currently marks Halliburton Company as 13.4% overvalued.

What is Halliburton Company's market cap?

Halliburton Company's market capitalization is USD 27.15B.

What is Halliburton Company's P/E ratio?

Halliburton Company's price-to-earnings (P/E) ratio is 17.0.

Does Halliburton Company pay a dividend?

Halliburton Company has a dividend yield of 2.1%.

What does Halliburton Company do?

Halliburton Company provides products and services to the energy industry worldwide. It operates in two segments, Completion and Production, and Drilling and Evaluation.