Halliburton Company (HAL)

Return on equity (ROE)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	2,501,000	2,638,000	1,572,000	1,457,000	-2,945,000
Total stockholders’ equity	US$ in thousands	10,506,000	9,391,000	7,948,000	6,713,000	4,974,000
ROE		23.81%	28.09%	19.78%	21.70%	-59.21%

December 31, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $2,501,000K ÷ $10,506,000K
= 23.81%

Halliburton Company's return on equity (ROE) has exhibited significant fluctuations over the past five years. In December 2020, the ROE stood at a negative 59.21%, indicating that the company experienced a substantial loss relative to its equity during that period. However, by the end of December 2021, the ROE had improved significantly to 21.70%, signifying a turnaround in the company's profitability and efficiency in generating returns for its shareholders.

Subsequently, the ROE slightly decreased to 19.78% by December 2022 but rebounded to 28.09% by December 2023, indicating a strong performance in utilizing its equity to generate profits. In the most recent year, December 2024, the ROE stood at 23.81%, demonstrating continued positive performance in terms of generating returns for shareholders.

Overall, the trend in Halliburton Company's ROE indicates a mix of challenges and successes in effectively utilizing its equity to generate profits over the analyzed period. It is essential for investors and stakeholders to monitor these fluctuations closely to assess the company's financial performance and prospects accurately.