HALLIBURTON CO(HAL)Stock Analysis
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Rank #1,399 of 2,961 stocksTOP 50%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
HAL Stock Analysis & AI Quality Score
Data updated 2026-09-11AI stock analysis and institutional research for HALLIBURTON CO (HAL), a Energy sector company. 13F Pro's AI-powered ranking engine scores HAL at 53.2/100 on a 32-signal composite quality model, placing it at rank #1,399 of 2,961 stocks — the top half of the AI-ranked universe. HAL scores in the top quartile across revenue scale (93.3), balance sheet strength (75.0). Areas of concern include revenue growth (19.2) and earnings quality (36.3), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), HALLIBURTON CO reports quarterly revenue of $5.7B, net income of $534.0M, an operating margin of 13.6%. Top institutional holders of HAL by reported 13-F value include BlackRock, STATE STREET, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. HAL trades on the NYSE exchange and files with the SEC under CIK 45012. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate HAL daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for HALLIBURTON CO directly from SEC EDGAR. HALLIBURTON CO's 13F Pro composite quality score has ranged between 50 and 59 since 2026, currently 53.2 — a declining long-term trajectory across 48 quarterly and live scoring snapshots.
Revenue
Q2 2026
$5.7B
Net Income
Q2 2026
$534.0M
Free Cash Flow
Q2 2026
$589.0M
Operating Margin
Q2 2026
13.6%
ROIC
Q2 2026
17.1%
D/E Ratio
Q2 2026
0.65
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · ProRevenue
-3.3% YoYNet Income
-48.7% YoYOperating Income
-40.9% YoYTotal Assets
-2.3% YoYTotal Debt
-5.1% YoYOp. Cash Flow
-24.3% YoYFree Cash Flow
-31.0% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $22.18B -3.3% | $22.94B -0.3% | $23.02B +13.4% | $20.30B +32.7% | $15.29B +5.9% | $14.45B |
| Net Income | $1.28B -48.7% | $2.50B -5.2% | $2.64B +67.8% | $1.57B +7.9% | $1.46B +149.5% | $-2.94B |
| Operating Income | $2.26B -40.9% | $3.82B -6.4% | $4.08B +50.8% | $2.71B +50.4% | $1.80B +173.9% | $-2.44B |
| Total Assets | $25.01B -2.3% | $25.59B +3.7% | $24.68B +6.1% | $23.25B +4.2% | $22.32B +7.9% | $20.68B |
| Total Debt | $7.16B -5.1% | $7.54B -1.2% | $7.64B -3.7% | $7.93B -13.3% | $9.14B -13.1% | $10.52B |
| Operating Cash Flow | $2.93B -24.3% | $3.87B +11.8% | $3.46B +54.2% | $2.24B +17.3% | $1.91B +1.6% | $1.88B |
| Free Cash Flow | $1.67B -31.0% | $2.42B +16.5% | $2.08B +68.9% | $1.23B +10.7% | $1.11B -3.6% | $1.15B |
AI Insight: HAL Financial Trends
HAL stabilized revenue near $5.7B while trimming debt to $7.16B, but operating cash flow remains volatile and profitability lumpy.
• Revenue flat at ~$5.6B average over 8 quarters; Q2 2026 reached $5.714B, highest in dataset.
• Total debt fell from $7.639B (Q3 2024) to $7.161B (Q2 2026), a 6.3% reduction improving leverage.
• Net income swung wildly: $571M (Q3 2024) to $18M (Q3 2025), recovered to $534M (Q2 2026).
⚠ Operating cash flow collapsed to $273M in Q1 2026, lowest since Q1 2025; recovery in Q2 2026 to $824M needs confirmation.
⚠ Operating margin compressed from 15.3% (Q4 2024) to 13.6% (Q2 2026); efficiency declining despite flat revenue.
AI Insight: HAL Ratio Trends
HAL's profitability collapsed in Q3 2025 then stabilized, but margins remain 300bp below pre-downturn levels.
• OpMargin fell from 16.6% in Q4 2024 to 6.4% in Q3 2025, recovering only to 13.6% by Q2 2026—still 300bp below peak.
• ROIC declined from 20.7% in Q4 2024 to 8.0% in Q3 2025; recent recovery to 17.1% in Q2 2026 remains 370bp below prior peak.
• Leverage improved: D/E decreased from 0.74 in Q3 2024 to 0.65 in Q2 2026, providing balance sheet flexibility.
⚠ Q3 2025 was a severe earnings miss (NPM 0.3%, ROIC 8.0%); understand if one-time or structural.
⚠ TTM margins (OpMargin 11.4%, ROIC 14.1%) lag Q2 2026 quarter performance, signaling Q3 2025 still weighing heavily.
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Available Research
13F Pro tracks comprehensive data for HALLIBURTON CO including:
Top Institutional Holders of HAL
BlackRock, Inc.
$2.8B82,837,333 shSTATE STREET CORP
$1.9B56,870,444 shVANGUARD CAPITAL MANAGEMENT LLC
$1.8B51,872,053 shVANGUARD PORTFOLIO MANAGEMENT LLC
$1.4B40,080,854 shGEODE CAPITAL MANAGEMENT, LLC
$760.4M22,485,453 shMORGAN STANLEY
$565.5M16,656,929 shAQR CAPITAL MANAGEMENT LLC
$403.0M11,869,743 shQube Research & Technologies Ltd
$377.8M11,127,397 shGOLDMAN SACHS GROUP INC
$360.6M10,620,902 shCITIGROUP INC
$356.4M10,498,175 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $2.8B | 82,837,333 |
| STATE STREET CORP | $1.9B | 56,870,444 |
| VANGUARD CAPITAL MANAGEMENT LLC | $1.8B | 51,872,053 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $1.4B | 40,080,854 |
| GEODE CAPITAL MANAGEMENT, LLC | $760.4M | 22,485,453 |
| MORGAN STANLEY | $565.5M | 16,656,929 |
| AQR CAPITAL MANAGEMENT LLC | $403.0M | 11,869,743 |
| Qube Research & Technologies Ltd | $377.8M | 11,127,397 |
| GOLDMAN SACHS GROUP INC | $360.6M | 10,620,902 |
| CITIGROUP INC | $356.4M | 10,498,175 |
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Popular Research
Is HAL a good stock to buy?
13F Pro's AI-powered analysis of HALLIBURTON CO (HAL) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Energy sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for HAL are available on the HAL stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. HAL is classified as a large company.
Which hedge funds own HAL?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling HAL. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of HALLIBURTON CO's investment landscape.