Stock Analysis on Net

Halliburton Co. (NYSE:HAL)

This company has been moved to the archive! The financial data has not been updated since February 13, 2019.

Common Stock Valuation Ratios (Price Multiples) 
Quarterly Data

Microsoft Excel

Valuation ratios measure the quantity of an asset or flaw (e.g., earnings) associated with ownership of a specified claim (e.g., a share of ownership of the enterprise).


Historical Valuation Ratios (Summary)

Halliburton Co., historical price multiples (quarterly data)

Microsoft Excel
Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014
Price to earnings (P/E) 16.54 183.24 375.30 174.63 130.06 23.54 18.34 10.47
Price to operating profit (P/OP) 11.11 13.76 17.06 30.59 30.00 35.74 70.60 32.02 13.51 11.45 7.19
Price to sales (P/S) 1.14 1.28 1.58 2.10 1.98 1.98 2.19 2.49 2.99 2.38 1.95 1.63 1.14 1.23 1.17 1.26 1.11
Price to book value (P/BV) 2.88 3.42 4.17 5.53 4.91 4.02 4.20 4.45 5.06 4.16 3.74 2.60 1.74 2.17 2.27 2.63 2.25 3.05 4.29 3.87

Based on: 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31).

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Halliburton Co. P/E ratio decreased from Q2 2018 to Q3 2018 and from Q3 2018 to Q4 2018.
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Halliburton Co. P/OP ratio decreased from Q2 2018 to Q3 2018 and from Q3 2018 to Q4 2018.
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Halliburton Co. P/S ratio decreased from Q2 2018 to Q3 2018 and from Q3 2018 to Q4 2018.
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Halliburton Co. P/BV ratio decreased from Q2 2018 to Q3 2018 and from Q3 2018 to Q4 2018.

Price to Earnings (P/E)

Halliburton Co., historical P/E calculation (quarterly data)

Microsoft Excel
Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014
No. shares of common stock outstanding1 872,542,842 876,046,271 879,895,611 875,976,391 874,909,834 872,540,903 871,595,410 867,868,425 866,933,212 864,452,215 861,102,509 859,265,009 858,342,017 855,813,348 854,749,132 850,874,461 849,671,830 847,460,293 850,527,660 844,520,116
Selected Financial Data (US$)
Net income (loss) attributable to company (in millions) 664 435 511 46 (824) 365 28 (32) (149) 6 (3,208) (2,412) (28) (54) 54 (643) 901 1,203 774 622
Earnings per share (EPS)2 1.90 0.19 0.11 -0.44 -0.53 0.24 -0.17 -3.90 -6.65 -6.53 -6.62 -2.84 -0.78 0.30 1.77 2.63 4.12 0.00 0.00 0.00
Share price1, 3 31.40 35.14 41.80 52.83 46.70 42.43 42.93 45.88 54.88 46.58 42.28 39.44 31.35 39.21 41.72 48.17 43.12 55.78 73.41 62.86
Valuation Ratio
P/E ratio4 16.54 183.24 375.30 174.63 130.06 23.54 18.34 10.47
Benchmarks
P/E Ratio, Competitors5
Schlumberger Ltd.

Based on: 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31).

1 Data adjusted for splits and stock dividends.

2 Q4 2018 Calculation
EPS = (Net income (loss) attributable to companyQ4 2018 + Net income (loss) attributable to companyQ3 2018 + Net income (loss) attributable to companyQ2 2018 + Net income (loss) attributable to companyQ1 2018) ÷ No. shares of common stock outstanding
= (664,000,000 + 435,000,000 + 511,000,000 + 46,000,000) ÷ 872,542,842 = 1.90

3 Closing price as at the filing date of Halliburton Co. Quarterly or Annual Report.

4 Q4 2018 Calculation
P/E ratio = Share price ÷ EPS
= 31.40 ÷ 1.90 = 16.54

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Halliburton Co. P/E ratio decreased from Q2 2018 to Q3 2018 and from Q3 2018 to Q4 2018.

Price to Operating Profit (P/OP)

Halliburton Co., historical P/OP calculation (quarterly data)

Microsoft Excel
Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014
No. shares of common stock outstanding1 872,542,842 876,046,271 879,895,611 875,976,391 874,909,834 872,540,903 871,595,410 867,868,425 866,933,212 864,452,215 861,102,509 859,265,009 858,342,017 855,813,348 854,749,132 850,874,461 849,671,830 847,460,293 850,527,660 844,520,116
Selected Financial Data (US$)
Operating income (loss) (in millions) 608 716 789 354 379 634 146 203 53 128 (3,880) (3,079) 86 43 254 (548) 1,299 1,634 1,194 970
Operating profit per share2 2.83 2.55 2.45 1.73 1.56 1.19 0.61 -4.03 -7.82 -7.80 -7.93 -3.14 -0.19 1.22 3.09 4.21 6.00 0.00 0.00 0.00
Share price1, 3 31.40 35.14 41.80 52.83 46.70 42.43 42.93 45.88 54.88 46.58 42.28 39.44 31.35 39.21 41.72 48.17 43.12 55.78 73.41 62.86
Valuation Ratio
P/OP ratio4 11.11 13.76 17.06 30.59 30.00 35.74 70.60 32.02 13.51 11.45 7.19
Benchmarks
P/OP Ratio, Competitors5
Schlumberger Ltd.

Based on: 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31).

1 Data adjusted for splits and stock dividends.

2 Q4 2018 Calculation
Operating profit per share = (Operating income (loss)Q4 2018 + Operating income (loss)Q3 2018 + Operating income (loss)Q2 2018 + Operating income (loss)Q1 2018) ÷ No. shares of common stock outstanding
= (608,000,000 + 716,000,000 + 789,000,000 + 354,000,000) ÷ 872,542,842 = 2.83

3 Closing price as at the filing date of Halliburton Co. Quarterly or Annual Report.

4 Q4 2018 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 31.40 ÷ 2.83 = 11.11

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Halliburton Co. P/OP ratio decreased from Q2 2018 to Q3 2018 and from Q3 2018 to Q4 2018.

Price to Sales (P/S)

Halliburton Co., historical P/S calculation (quarterly data)

Microsoft Excel
Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014
No. shares of common stock outstanding1 872,542,842 876,046,271 879,895,611 875,976,391 874,909,834 872,540,903 871,595,410 867,868,425 866,933,212 864,452,215 861,102,509 859,265,009 858,342,017 855,813,348 854,749,132 850,874,461 849,671,830 847,460,293 850,527,660 844,520,116
Selected Financial Data (US$)
Revenue (in millions) 5,936 6,172 6,147 5,740 5,940 5,444 4,957 4,279 4,021 3,833 3,835 4,198 5,082 5,582 5,919 7,050 8,770 8,701 8,051 7,348
Sales per share2 27.50 27.39 26.45 25.21 23.57 21.43 19.61 18.40 18.33 19.61 21.71 24.18 27.53 31.92 35.61 38.28 38.69 0.00 0.00 0.00
Share price1, 3 31.40 35.14 41.80 52.83 46.70 42.43 42.93 45.88 54.88 46.58 42.28 39.44 31.35 39.21 41.72 48.17 43.12 55.78 73.41 62.86
Valuation Ratio
P/S ratio4 1.14 1.28 1.58 2.10 1.98 1.98 2.19 2.49 2.99 2.38 1.95 1.63 1.14 1.23 1.17 1.26 1.11
Benchmarks
P/S Ratio, Competitors5
Schlumberger Ltd.

Based on: 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31).

1 Data adjusted for splits and stock dividends.

2 Q4 2018 Calculation
Sales per share = (RevenueQ4 2018 + RevenueQ3 2018 + RevenueQ2 2018 + RevenueQ1 2018) ÷ No. shares of common stock outstanding
= (5,936,000,000 + 6,172,000,000 + 6,147,000,000 + 5,740,000,000) ÷ 872,542,842 = 27.50

3 Closing price as at the filing date of Halliburton Co. Quarterly or Annual Report.

4 Q4 2018 Calculation
P/S ratio = Share price ÷ Sales per share
= 31.40 ÷ 27.50 = 1.14

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Halliburton Co. P/S ratio decreased from Q2 2018 to Q3 2018 and from Q3 2018 to Q4 2018.

Price to Book Value (P/BV)

Halliburton Co., historical P/BV calculation (quarterly data)

Microsoft Excel
Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014
No. shares of common stock outstanding1 872,542,842 876,046,271 879,895,611 875,976,391 874,909,834 872,540,903 871,595,410 867,868,425 866,933,212 864,452,215 861,102,509 859,265,009 858,342,017 855,813,348 854,749,132 850,874,461 849,671,830 847,460,293 850,527,660 844,520,116
Selected Financial Data (US$)
Company shareholders’ equity (in millions) 9,522 8,998 8,823 8,365 8,322 9,217 8,917 8,951 9,409 9,682 9,734 13,015 15,462 15,448 15,685 15,591 16,267 15,491 14,562 13,725
Book value per share (BVPS)2 10.91 10.27 10.03 9.55 9.51 10.56 10.23 10.31 10.85 11.20 11.30 15.15 18.01 18.05 18.35 18.32 19.15 18.28 17.12 16.25
Share price1, 3 31.40 35.14 41.80 52.83 46.70 42.43 42.93 45.88 54.88 46.58 42.28 39.44 31.35 39.21 41.72 48.17 43.12 55.78 73.41 62.86
Valuation Ratio
P/BV ratio4 2.88 3.42 4.17 5.53 4.91 4.02 4.20 4.45 5.06 4.16 3.74 2.60 1.74 2.17 2.27 2.63 2.25 3.05 4.29 3.87
Benchmarks
P/BV Ratio, Competitors5
Schlumberger Ltd.

Based on: 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31).

1 Data adjusted for splits and stock dividends.

2 Q4 2018 Calculation
BVPS = Company shareholders’ equity ÷ No. shares of common stock outstanding
= 9,522,000,000 ÷ 872,542,842 = 10.91

3 Closing price as at the filing date of Halliburton Co. Quarterly or Annual Report.

4 Q4 2018 Calculation
P/BV ratio = Share price ÷ BVPS
= 31.40 ÷ 10.91 = 2.88

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Halliburton Co. P/BV ratio decreased from Q2 2018 to Q3 2018 and from Q3 2018 to Q4 2018.