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Halliburton Company (HAL) Debt to Equity Ratio: 0.78

Is Halliburton Company’s debt to equity ratio high or low?

Halliburton Company's debt to equity ratio of 0.78 is 37% below its 5-year average of 1.23, near the low end of its 5-year range (0.78–2.18).

As of Wednesday, June 24, 2026. 3.11% below its 12-month average of 0.80.

HAL Debt to Equity Ratio

HAL Debt to Equity Ratio Chart

0.78

Reported annual fiscal-period values; no daily interpolation.

-21.21% 10Y
HAL Debt to Equity Ratio

HAL Average Debt to Equity Ratio Chart

HAL Debt to Equity Ratio

HAL Current vs Average Debt to Equity Ratio Chart

HAL Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

0.78

DEBT TO EQUITY RATIO AVG TTM

0.80

DEBT TO EQUITY RATIO AVG 3Y

0.92

DEBT TO EQUITY RATIO AVG 5Y

1.23

DEBT TO EQUITY RATIO AVG 10Y

1.23

DEBT TO EQUITY RATIO AVG 15Y

0.98

DEBT TO EQUITY RATIO AVG 20Y

0.85

CURRENT VS TTM AVG

-3.11%

CURRENT VS 3Y AVG

-15.22%

CURRENT VS 5Y AVG

-36.59%

CURRENT VS 10Y AVG

-36.49%

CURRENT VS 15Y AVG

-20.10%

CURRENT VS 20Y AVG

-7.82%

HAL Competitors' Debt to Equity Ratio

NAMEMARKET CAPDEBT TO EQUITY RATIOTTM3Y5Y
Halliburton Company (HAL)$28.32B0.780.800.921.23
Tenaris S.A. (TS)vs ›$30.33B0.030.040.030.04
Coterra Energy Inc. (CTRA)vs ›$24.72B0.270.280.240.30
EQT Corporation (EQT)vs ›$32.20B0.330.390.420.47
Expand Energy Corporation (EXE)vs ›$21.20B0.270.300.290.31
APA Corporation (APA)vs ›$12.10B0.790.984.314.31
Antero Midstream Corporation (AM)vs ›$10.52B1.631.551.531.46
Cameco Corporation (CCJ)vs ›$46.45B0.150.170.200.20
Enphase Energy, Inc. (ENPH)vs ›$6.30B1.141.371.421.47
Weatherford International plc (WFRD)vs ›$6.08B1.031.212.292.98

Financial Health

Debt/Equity

0.78

Current Ratio

2.04

Halliburton Company Debt to Equity Ratio Formula & Definition

Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Halliburton Company Debt to Equity Ratio FAQ

What is the debt to equity ratio for Halliburton Company (HAL)?
The debt to equity ratio for HAL stock is 0.78.
Is Halliburton Company's debt to equity ratio high or low?
Halliburton Company's debt to equity ratio of 0.78 is 37% below its 5-year average of 1.23, near the low end of its 5-year range (0.78–2.18).
What is the TTM average debt to equity ratio for Halliburton Company (HAL)?
The TTM average debt to equity ratio for HAL stock is 0.80.
What is the 3Y average debt to equity ratio for Halliburton Company (HAL)?
The 3Y average debt to equity ratio for HAL stock is 0.92.
What is the 5Y average debt to equity ratio for Halliburton Company (HAL)?
The 5Y average debt to equity ratio for HAL stock is 1.23.
What is the 10Y average debt to equity ratio for Halliburton Company (HAL)?
The 10Y average debt to equity ratio for HAL stock is 1.23.
What is the 15Y average debt to equity ratio for Halliburton Company (HAL)?
The 15Y average debt to equity ratio for HAL stock is 0.98.
What is the 20Y average debt to equity ratio for Halliburton Company (HAL)?
The 20Y average debt to equity ratio for HAL stock is 0.85.

Halliburton Company Debt to Equity Ratio History

DATEDEBT TO EQUITY RATIO
2025-12-310.78
2024-12-310.83
2023-12-310.94
2022-12-311.13
2021-12-311.52
2020-12-312.18
2019-12-311.42
2018-12-311.09
2017-12-311.31
2016-12-311.32
2015-12-310.99
2014-12-310.48
2013-12-310.58
2012-12-310.31
2011-12-310.37
2010-12-310.37
2009-12-310.52
2008-12-310.34
2007-12-310.41
2006-12-310.38
2005-12-310.50
2004-12-311.01
2003-12-311.35
2002-12-310.43
2001-12-310.32
2000-12-310.67
1999-12-310.54
1998-12-310.48
1997-12-310.52
1996-12-310.11

About Halliburton Company

Halliburton Company (HAL) is a global supplier of products and services tailored for the energy sector. Its operations are structured into two primary divisions: Completion and Production, and Drilling and Evaluation. The Completion and Production segment focuses on enhancing well output through techniques like stimulation and sand control. It provides cementing services for well integrity, including casing and bonding, alongside a range of specialized downhole completion tools such as intelligent well systems, liner hangers, and multilateral solutions. This segment also supports production with offerings like coiled tubing, hydraulic workover units, pumping, and nitrogen services, in addition to managing pipeline and process services from initial setup (pre-commissioning, commissioning) through ongoing maintenance and eventual retirement (decommissioning). Furthermore, it supplies electrical submersible pumps and delivers artificial lift solutions. The Drilling and Evaluation segment offers a comprehensive suite of drilling fluids, including systems, performance additives, completion fluids, solids control, specialized testing equipment, and waste management services. It also provides chemicals and associated services for oilfield completion, production, and downstream water and process treatment. This division includes advanced drilling systems, wireline and perforating services encompassing open-hole logging and cased-hole slickline operations, and a variety of drill bits (e.g., roller cone, fixed cutter), hole enlargement tools, and coring services. Moreover, it leverages cloud-based digital services and artificial intelligence on an open architecture to deliver subsurface insights, streamline well construction, and optimize reservoir and production management. Specialized testing and subsea services are also offered for reservoir information analysis and optimization strategies, alongside project management and integrated asset management services. Founded in 1919, Halliburton Company maintains its headquarters in Houston, Texas.

Houston, TX
48,000 employees
Energy / Oil & Gas Equipment & Services
Sector
Energy
Industry
Oil & Gas Equipment & Services
CEO
Jeffrey Allen Miller