# HALLIBURTON COMPANY (HAL) · Edgar & Edgarette company card

> Halliburton Company (HAL) saw revenue fall 3.3% in FY2025 to $22.2 billion, operating margin 10.2% against a 5.0% median for oil & gas field services, equity 41.8% of assets, and dividend per share up 3 years running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 45012 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/HAL) · [JSON](https://www.pops4.com/boards/company/HAL.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $22.2B |
| Revenue growth, 1 year | -3.3% |
| Revenue growth per year | 9.7% |
| Operating margin | 10.2% (prior year 16.7%) |
| Net margin | 5.8% |
| Operating cash flow | $2.9B |
| Capital spending | $1.3B |
| Free cash flow | $1.7B |
| Cash | $2.2B |
| Long-term debt | $7.2B |
| Total assets | $25.0B |
| Total equity | $10.5B |
| Equity ÷ assets | 41.8% |
| Return on equity | 12.4% |
| Dividend per share | $0.68 |
| Dividend years rising | 3 |

## Readings, computed from those figures

- Altman Z: 4.85 (safe zone)
- Piotroski F: 4 of 9 (middling)
- Health Harbor boat: Sound ship · one warning sign · slow and jumpy: growing slower than its size class, with revenue that swings more
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $22.2B (FY2025), total debt $7.2B. Experience: revenue down 3.3% on the year, up 9.7% a year over 4 years; operating margin 10.2%, down from 16.7%. Soundness: equity 41.8% of assets, return on equity 12.4%, payout 44.8% of profit, dividend per share up 3 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $18.3B and $24.9B next year (method v4.1: its own 4-year record of growth weighed at 50% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $16.0B to $28.1B. A statistical range, not company guidance. Against peers (15 filers, $50M+ revenue, oil & gas field services, nec): operating margin 10.2% against a 5.0% median; growth -3.3% against -2.3%.

Range logged 2026-09-26, receipt 7516f5972313e78d, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 4, latest 2026-10-15 ([filing](https://www.sec.gov/Archives/edgar/data/45012/000004501226000069/0000045012-26-000069-index.htm))

## Recent filings

- 10-Q · filed 2026-10-23 · [filing](https://www.sec.gov/Archives/edgar/data/45012/000004501226000074/0000045012-26-000074-index.htm)
- 8-K · filed 2026-10-20 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/45012/000004501226000070/0000045012-26-000070-index.htm)
- 8-K · filed 2026-10-15 · 5.02 Departure or Election of Directors; Appointment of Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/45012/000004501226000069/0000045012-26-000069-index.htm)
- 8-K · filed 2026-09-16 · 8.01 Other Events · [filing](https://www.sec.gov/Archives/edgar/data/45012/000004501226000064/0000045012-26-000064-index.htm)
- 10-Q · filed 2026-07-24 · [filing](https://www.sec.gov/Archives/edgar/data/45012/000004501226000061/0000045012-26-000061-index.htm)
- 8-K · filed 2026-07-21 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/45012/000004501226000057/0000045012-26-000057-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000045012.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=45012

## Cite

POPS4, Edgar & Edgarette: HALLIBURTON COMPANY (HAL) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/HAL. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.