Halliburton Company (HAL)
Financial leverage ratio
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 25,010,000 | 25,164,000 | 25,377,000 | 25,179,000 | 25,587,000 | 25,331,000 | 25,152,000 | 24,654,000 | 24,683,000 | 24,442,000 | 24,073,000 | 23,619,000 | 23,255,000 | 22,563,000 | 22,445,000 | 22,073,000 | 22,321,000 | 21,025,000 | 20,917,000 | 20,575,000 |
| Total stockholders’ equity | US$ in thousands | 10,505,000 | 10,203,000 | 10,505,000 | 10,367,000 | 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 |
| Financial leverage ratio | 2.38 | 2.47 | 2.42 | 2.43 | 2.44 | 2.46 | 2.52 | 2.56 | 2.63 | 2.67 | 2.77 | 2.81 | 2.93 | 2.96 | 3.15 | 3.15 | 3.33 | 3.70 | 3.86 | 3.98 |
December 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $25,010,000K ÷ $10,505,000K
= 2.38
Peer comparison
Dec 31, 2025
Company name
Symbol
Financial leverage ratio
Halliburton Company
HAL
2.38
Baker Hughes Co
BKR
1.89
Liberty Oilfield Services Inc
LBRT
1.69
Schlumberger NV
SLB
2.10
TechnipFMC PLC
FTI
3.10