Halliburton Company (HAL) FCF Payout Ratio: 34.00%
Is Halliburton Company’s FCF payout ratio high or low?
Halliburton Company's FCF payout ratio of 34.00% is 27% above its 5-year average of 26.84%, near the high end of its 5-year range (14.48%–35.34%).
14.49% above its 12-month average of 29.70%.
HAL FCF Payout Ratio Chart
Reported annual fiscal-period values; no daily interpolation.
HAL Average FCF Payout Ratio Chart
HAL Current vs Average FCF Payout Ratio Chart
HAL FCF Payout Ratio Metrics
FCF PAYOUT RATIO
34.00%
FCF PAYOUT RATIO AVG TTM
29.70%
FCF PAYOUT RATIO AVG 3Y
30.61%
FCF PAYOUT RATIO AVG 5Y
26.84%
FCF PAYOUT RATIO AVG 10Y
42.78%
FCF PAYOUT RATIO AVG 15Y
44.01%
FCF PAYOUT RATIO AVG 20Y
41.90%
CURRENT VS TTM AVG
+14.49%
CURRENT VS 3Y AVG
+11.08%
CURRENT VS 5Y AVG
+26.69%
CURRENT VS 10Y AVG
-20.52%
CURRENT VS 15Y AVG
-22.74%
CURRENT VS 20Y AVG
-18.85%
Payout Ratio Comparison
FCF Payout Ratio
34.0%
Earnings Payout Ratio
45.0%
Dividend Yield
2.01%
FCF Yield
5.90%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $1.67B | $579.00M | 34.6% |
| 2024 | $2.42B | $600.00M | 24.8% |
| 2023 | $2.08B | $576.00M | 27.7% |
| 2022 | $1.23B | $435.00M | 35.3% |
| 2021 | $1.11B | $161.00M | 14.5% |
| 2020 | $1.15B | $278.00M | 24.1% |
| 2019 | $915.00M | $630.00M | 68.9% |
| 2018 | $1.13B | $630.00M | 55.7% |
| 2017 | $1.09B | $626.00M | 57.2% |
| 2016 | ($2.50B) | $620.00M | N/A (Loss) |
| 2015 | $722.00M | $614.00M | 85.0% |
| 2014 | $779.00M | $533.00M | 68.4% |
| 2013 | $1.51B | $465.00M | 30.7% |
| 2012 | $88.00M | $333.00M | 378.4% |
| 2011 | $731.00M | $330.00M | 45.1% |
| 2010 | $143.00M | $327.00M | 228.7% |
| 2009 | $542.00M | $324.00M | 59.8% |
| 2008 | $198.00M | $319.00M | 161.1% |
| 2007 | $1.14B | $314.00M | 27.5% |
| 2006 | $2.77B | $306.00M | 11.1% |
| 2005 | $50.00M | $254.00M | 508.0% |
| 2004 | $353.00M | $221.00M | 62.6% |
| 2003 | ($1.29B) | $219.00M | N/A (Loss) |
| 2002 | $798.00M | $219.00M | 27.4% |
| 2001 | $1.50B | $215.00M | 14.4% |
| 2000 | $191.00M | $221.00M | 115.7% |
| 1999 | ($373.00M) | $221.00M | N/A (Loss) |
| 1998 | ($500.60M) | $254.20M | N/A (Loss) |
| 1997 | ($28.90M) | $127.30M | N/A (Loss) |
| 1996 | $56.30M | $117.50M | 208.7% |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Halliburton Company FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Halliburton Company FCF Payout Ratio FAQ
- What is the FCF payout ratio for Halliburton Company (HAL)?
- The FCF payout ratio for HAL stock is 34.00%.
- Is Halliburton Company's FCF payout ratio high or low?
- Halliburton Company's FCF payout ratio of 34.00% is 27% above its 5-year average of 26.84%, near the high end of its 5-year range (14.48%–35.34%).
- What is the TTM average FCF payout ratio for Halliburton Company (HAL)?
- The TTM average FCF payout ratio for HAL stock is 29.70%.
- What is the 3Y average FCF payout ratio for Halliburton Company (HAL)?
- The 3Y average FCF payout ratio for HAL stock is 30.61%.
- What is the 5Y average FCF payout ratio for Halliburton Company (HAL)?
- The 5Y average FCF payout ratio for HAL stock is 26.84%.
- What is the 10Y average FCF payout ratio for Halliburton Company (HAL)?
- The 10Y average FCF payout ratio for HAL stock is 42.78%.
- What is the 15Y average FCF payout ratio for Halliburton Company (HAL)?
- The 15Y average FCF payout ratio for HAL stock is 44.01%.
- What is the 20Y average FCF payout ratio for Halliburton Company (HAL)?
- The 20Y average FCF payout ratio for HAL stock is 41.90%.
Halliburton Company FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 34.63% |
| 2024-12-31 | 24.76% |
| 2023-12-31 | 27.71% |
| 2022-12-31 | 35.34% |
| 2021-12-31 | 14.48% |
| 2020-12-31 | 24.11% |
| 2019-12-31 | 68.85% |
| 2018-12-31 | 55.70% |
| 2017-12-31 | 57.17% |
| 2015-12-31 | 85.04% |
| 2014-12-31 | 68.42% |
| 2013-12-31 | 30.73% |
| 2012-12-31 | 378.41% |
| 2011-12-31 | 45.14% |
| 2010-12-31 | 228.67% |
| 2009-12-31 | 59.78% |
| 2008-12-31 | 161.11% |
| 2007-12-31 | 27.47% |
| 2006-12-31 | 11.06% |
| 2005-12-31 | 508.00% |
| 2004-12-31 | 62.61% |
| 2002-12-31 | 27.44% |
| 2001-12-31 | 14.38% |
| 2000-12-31 | 115.71% |
| 1996-12-31 | 208.70% |
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.
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
- CEO
- Jeffrey Allen Miller