Halliburton Company (HAL)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,501,000 | 2,547,000 | 2,692,000 | 2,593,000 | 2,638,000 | 2,633,000 | 2,461,000 | 1,960,000 | 1,572,000 | 1,740,000 | 1,432,000 | 1,550,000 | 1,457,000 | 398,000 | 145,000 | -1,758,000 | -2,945,000 | -4,363,000 | -4,051,000 | -2,300,000 |
| Total stockholders’ equity | US$ in thousands | 10,506,000 | 10,296,000 | 10,000,000 | 9,636,000 | 9,391,000 | 9,150,000 | 8,693,000 | 8,415,000 | 7,948,000 | 7,621,000 | 7,130,000 | 7,017,000 | 6,713,000 | 5,681,000 | 5,420,000 | 5,170,000 | 4,974,000 | 5,200,000 | 5,189,000 | 6,830,000 |
| 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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $2,501,000K ÷ $10,506,000K
= 23.81%
Halliburton Company's return on equity (ROE) shows a fluctuating trend over the analyzed period. The company experienced negative ROE values in the earlier quarters of March 2020, June 2020, September 2020, and December 2020, indicating that the company was generating net losses relative to its equity during this time.
However, there was a significant improvement in ROE starting from March 2021, with the value turning positive and steadily increasing over the subsequent quarters. By June 2023, the ROE reached a peak of 28.31%, demonstrating a strong profitability relative to the equity invested in the company.
Towards the end of the period in December 2024, the ROE slightly decreased to 23.81%, but still remained at a healthy level compared to the earlier negative values. Overall, the positive trend in ROE from March 2021 to June 2023 indicates that Halliburton Company was able to enhance its profitability and generate better returns for its shareholders during this period.
Peer comparison
Dec 31, 2024