Halliburton (NYSE:HAL) is a leading provider of products and services to the energy industry. The company operates in over 70 countries, offering services such as drilling, evaluation, and completion of oil and gas wells. Halliburton competes with other industry giants like Schlumberger and Baker Hughes.
On January 21, 2026, Halliburton reported earnings per share (EPS) of $0.69, surpassing the estimated $0.54. This performance was bolstered by stronger-than-anticipated revenue, which reached $5.66 billion, exceeding the estimated $5.41 billion. As highlighted by Proactive Investors, the company's revenue for the quarter was $5.7 billion, showing an increase from $5.6 billion in the previous quarter.
The company's financial health is further demonstrated by its cash flow metrics. Halliburton generated $1.2 billion in cash flow from operations and achieved $875 million in free cash flow, as highlighted by Zacks. These figures indicate a strong financial performance, surpassing market expectations and reflecting the company's ability to generate cash efficiently.
Despite challenges in North America, Halliburton's international revenue increased to $3.5 billion, compensating for the flat performance in North America. The company's net income soared to $589 million, a significant rise from $18 million, or $0.02 per diluted share, in the third quarter, as reported by Proactive Investors.
Halliburton's financial ratios provide insight into its market valuation and financial stability. The company has a price-to-earnings (P/E) ratio of approximately 21.51 and a price-to-sales ratio of about 1.28. Its debt-to-equity ratio is about 0.84, suggesting a moderate level of debt relative to its equity. Additionally, Halliburton maintains a current ratio of approximately 1.95, indicating its ability to cover short-term liabilities with its short-term assets.
