May 08, 2026 a 11:31 am
HAL: Dividend Analysis - Halliburton Company
Halliburton Company is recognized for its robust dividend history, demonstrating a consistent payout strategy over 42 years. With a current dividend yield of 1.97%, the company provides a modest return compared to industry standards. Despite some fluctuations, the company maintains its commitment to shareholder returns through dividends.
📊 Overview
As a leading entity in the energy sector, Halliburton Company offers a dividend yield of 1.97% with a current dividend of 0.69 USD per share. The company's impressive 42-year dividend history underscores its commitment to shareholder value. Notably, the company has not experienced any recent dividend cuts or suspensions, signaling stability.
| Sector | Dividend Yield (%) | Current Dividend per Share (USD) | Dividend History (Years) | Last Cut or Suspension |
|---|---|---|---|---|
| Energy | 1.97 | 0.69 | 42 | None |
🗣️ Dividend History
Halliburton has a rich dividend history, crucial for assessing its reliability in maintaining payouts. A dependable history is often indicative of financial soundness and company commitment to shareholders. This historical consistency is a key consideration for long-term investment strategies.
| Year | Dividend per Share (USD) |
|---|---|
| 2026 | 0.17 |
| 2025 | 0.68 |
| 2024 | 0.68 |
| 2023 | 0.64 |
| 2022 | 0.48 |
📈 Dividend Growth
Dividend growth analysis is vital as it indicates the potential for increasing returns. Over the last 3 years, Halliburton's dividends grew by 12.31%, and by 16.64% over the last 5 years. Such growth rates are indicative of strong cash flow and earnings growth potential.
| Time | Growth (%) |
|---|---|
| 3 years | 12.31 |
| 5 years | 16.64 |
The average dividend growth is 16.64% over 5 years. This demonstrates moderate but steady dividend growth.
📉 Payout Ratio
A payout ratio analysis reveals the proportion of earnings paid as dividends, indicating sustainability. Halliburton's EPS-based payout ratio is 37.51%, and its free cash flow-based payout ratio is 34.36%. These figures suggest that the company retains a significant portion of profits, providing room for future growth.
| Key Figure | Ratio (%) |
|---|---|
| EPS-based | 37.51 |
| Free Cash Flow-based | 34.36 |
The payout ratios for EPS and FCF are healthy, supporting the sustainability of the company's dividend strategy.
💰 Cashflow & Capital Efficiency
Cashflow stability and efficient capital use are critical indicators of a company's operational health. Metrics such as free cash flow yield and earnings yield demonstrate Halliburton's ability to generate cash and provide shareholder returns.
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Free Cash Flow Yield | 6.40% | 10.10% | 7.05% |
| Earnings Yield | 8.12% | 10.43% | 5.41% |
| CAPEX to Operating Cash Flow | 0.40 | 0.37 | 0.43 |
| Stock-based Compensation to Revenue | 0% | 0% | 0% |
| Free Cash Flow / Operating Cash Flow Ratio | 0.60 | 0.63 | 0.57 |
| Return on Invested Capital | 16.71% | 14.70% | 8.38% |
Overall, Halliburton shows solid cashflow stability, with effective capital returns reflected in its comprehensive metrics.
📜 Balance Sheet & Leverage Analysis
The balance sheet reveals Halliburton's financial foundation, assessing liquidity and leverage. Ratios such as debt-to-equity and debt-to-assets indicate financial health and ability to manage obligations.
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Debt-to-Equity | 0.94 | 0.83 | 0.78 |
| Debt-to-Assets | 0.36 | 0.34 | 0.33 |
| Debt-to-Capital | 0.48 | 0.46 | 0.44 |
| Net Debt to EBITDA | 1.29 | 1.23 | 1.44 |
| Current Ratio | 2.06 | 2.05 | 2.04 |
| Quick Ratio | 1.48 | 1.54 | 1.51 |
| Financial Leverage | 2.63 | 2.44 | 2.39 |
Halliburton's balance sheet demonstrates stable leverage and a strong financial position, capable of withstanding economic fluctuations.
📈 Fundamental Strength & Profitability
Fundamental metrics highlight Halliburton's profit-generating capacity and operational efficiency. These indicators provide insight into the company's core performance capabilities.
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Return on Equity | 28.09% | 23.81% | 12.26% |
| Return on Assets | 10.69% | 9.77% | 5.13% |
| Net Margin | 11.46% | 10.90% | 5.78% |
| EBIT Margin | 17.74% | 17.11% | 13.46% |
| EBITDA Margin | 22.07% | 21.81% | 18.58% |
| Gross Margin | 18.94% | 18.75% | 15.70% |
| R&D to Revenue | 1.77% | 1.85% | 1.85% |
Robust profitability metrics position Halliburton as an efficiently managed company, with significant potential for sustained growth and success.
🚀 Price Development
✅ Dividend Scoring System
| Criteria | Score | Score Bar |
|---|---|---|
| Dividend Yield | 3 | |
| Dividend Stability | 4 | |
| Dividend Growth | 4 | |
| Payout Ratio | 4 | |
| Financial Stability | 4 | |
| Dividend Continuity | 5 | |
| Cashflow Coverage | 4 | |
| Balance Sheet Quality | 4 |
Total Score: 32/40
🗳️ Rating
Halliburton Company presents a solid investment opportunity for those seeking stable dividend income with moderate growth potential. The company's strong financial metrics, coupled with a long-standing history of dividend payments, provide reassurance of its ongoing commitment to returning value to shareholders. However, potential investors should consider the moderate yield in comparison to other market opportunities.
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