Halliburton Company (HAL)
Profitability ratios
Return on sales
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 98.29% | 98.34% | 98.83% | 98.86% | 98.89% | 98.92% | 98.89% | 96.88% | 96.56% | 96.34% | 96.04% | 98.37% | 98.46% | 95.32% | 94.06% | 73.36% | 68.45% | 58.83% | 65.14% | 80.47% |
| Operating profit margin | 16.66% | 17.11% | 17.75% | 17.68% | 17.74% | 17.50% | 17.00% | 14.63% | 13.36% | 12.03% | 10.78% | 12.06% | 11.77% | 8.09% | 6.36% | -11.62% | -17.06% | -24.59% | -19.13% | -6.42% |
| Pretax margin | 14.03% | 14.10% | 14.83% | 14.25% | 14.50% | 14.62% | 13.98% | 11.90% | 10.30% | 8.81% | 7.34% | 8.39% | 8.11% | 4.05% | 2.00% | -16.35% | -22.57% | -29.64% | -23.61% | -10.28% |
| Net profit margin | 10.90% | 11.04% | 11.61% | 11.20% | 11.46% | 11.52% | 10.98% | 9.04% | 7.76% | 9.18% | 8.20% | 9.63% | 9.52% | 2.79% | 1.08% | -13.67% | -20.62% | -26.88% | -21.54% | -10.68% |
Halliburton Company's profitability ratios have shown a positive trend over the years. The Gross Profit Margin has consistently improved, reaching around 98.29% by December 31, 2024, indicating efficient cost management and strong pricing power.
The Operating Profit Margin has also seen a steady increase, turning from negative margins to around 16.66% by December 31, 2024. This suggests effective operational efficiency and cost control measures implemented by the company.
Similarly, the Pretax Margin has shown a positive trend, indicating the company's ability to generate profits before taxes. It grew to about 14.03% by December 31, 2024, showcasing an improvement in the company's overall profitability.
The Net Profit Margin has also displayed a favorable trajectory, improving to around 10.90% by December 31, 2024. This indicates that Halliburton Company has been successful in generating profits after all expenses, including taxes, are accounted for.
Overall, these profitability ratios demonstrate Halliburton Company's commitment to enhancing operational efficiency and overall profitability, showcasing positive financial performance over the years.
Return on investment
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 14.94% | 15.59% | 16.36% | 16.60% | 16.54% | 16.37% | 15.83% | 13.43% | 11.64% | 10.11% | 8.38% | 8.79% | 8.06% | 5.49% | 4.06% | -7.27% | -11.78% | -19.12% | -17.05% | -5.86% |
| Return on assets (ROA) | 9.77% | 10.05% | 10.70% | 10.52% | 10.69% | 10.77% | 10.22% | 8.30% | 6.76% | 7.71% | 6.38% | 7.02% | 6.53% | 1.89% | 0.69% | -8.54% | -14.24% | -20.90% | -19.20% | -9.74% |
| Return on total capital | 21.18% | 38.34% | 41.14% | 42.48% | 23.98% | 43.73% | 43.83% | 37.71% | 17.05% | 29.93% | 26.38% | 27.66% | 11.36% | 20.31% | 15.68% | -28.92% | -17.27% | -59.58% | -53.79% | -16.61% |
| Return on equity (ROE) | 23.81% | 24.74% | 26.92% | 26.91% | 28.09% | 28.78% | 28.31% | 23.29% | 19.78% | 22.83% | 20.08% | 22.09% | 21.70% | 7.01% | 2.68% | -34.00% | -59.21% | -83.90% | -78.07% | -33.67% |
Halliburton Company's profitability ratios have shown a volatile performance over the quarters. The Operating Return on Assets (Operating ROA) has fluctuated from negative figures in early 2020 and 2021 to positive percentages by the end of 2023 and through 2024, indicating an improvement in the company's operational efficiency in generating profits from its assets.
Similarly, the Return on Assets (ROA) also started with negative values in 2020 but gradually increased to positive numbers by mid-2021 and continued to improve steadily, reflecting the company's ability to generate profits relative to its total assets over time.
The Return on Total Capital exhibited a significant recovery from substantial negative returns in mid-2020 to positive percentages by mid-2021, highlighting the company's enhanced ability to generate returns for both debt and equity holders.
The Return on Equity (ROE) experienced a similar trend, progressing from negative figures in 2020 to positive returns by mid-2021 and maintaining a relatively stable and healthy level of profitability throughout 2023 and 2024, showcasing the company's success in generating returns for its equity shareholders.
Overall, the improving profitability ratios reflect Halliburton's efforts in enhancing operational efficiency, effectively utilizing its assets and capital, and ultimately translating these efforts into increased profitability for its stakeholders.