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Halliburton Co (Halliburton Co) EBIT

: $4,008 Mil (TTM As of Dec. 2023)
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Halliburton Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $1,149 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $4,008 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Halliburton Co's annualized ROC % for the quarter that ended in Dec. 2023 was 19.99%. Halliburton Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 45.78%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Halliburton Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.82%.


Halliburton Co EBIT Historical Data

The historical data trend for Halliburton Co's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Halliburton Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -530.00 -2,677.00 1,781.00 2,602.00 3,941.00

Halliburton Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,033.00 947.00 903.00 1,009.00 1,149.00

Competitive Comparison

For the Oil & Gas Equipment & Services subindustry, Halliburton Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Halliburton Co EV-to-EBIT Distribution

For the Oil & Gas industry and Energy sector, Halliburton Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Halliburton Co's EV-to-EBIT falls into.



Halliburton Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,008 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Halliburton Co  (NYSE:HAL) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Halliburton Co's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=4640 * ( 1 - 20.12% )/( (18570 + 18512)/ 2 )
=3706.432/18541
=19.99 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Halliburton Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4596/( ( (5765 + max(4393, 0)) + (5988 + max(3933, 0)) )/ 2 )
=4596/( ( 10158 + 9921 )/ 2 )
=4596/10039.5
=45.78 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5124 + 3336 + 1104) - (3836 + 0 + 1335)
=4393

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4860 + 3226 + 1193) - (3907 + 0 + 1439)
=3933

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Halliburton Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=4008/40804.527
=9.82 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Halliburton Co EBIT Related Terms

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Halliburton Co (Halliburton Co) Business Description

Address
3000 North Sam Houston Parkway East, Houston, TX, USA, 77032
Halliburton is one of the three largest oilfield service firms in the world, offering superior expertise in a number of business lines, including completion fluids, wireline services, cementing, and countless others. It's the largest pressure pumper in North America, and has been a leading innovator in hydraulic fracturing over the past two decades.
Executives
Van H. Beckwith officer: EVP, Secretary and CLO 3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Myrtle L Jones officer: Senior Vice Pres - Tax 3000 NORTH SAM HOUSTON PARKWAY E., HOUSTON TX 77032
Jill D. Sharp officer: SVP Internal Assurance Svcs. 3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Jeffrey Allen Miller officer: Exec VP & COO 3000 N. SAM HOUSTON PARKWAY E., HOUSTON TX 77032
Timothy Mckeon officer: Vice Pres and Treasurer 3000 NORTH SAM HOUSTON PARKWAY E., HOUSTON TX 77032
Eric Carre officer: EVP, Global Business Lines 3000 N. SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Charles Jr. Geer officer: VP and Corporate Controller 3000 N. SAM HOUSTON PARKWAY EAST, PLAZA 2-6211, HOUSTON TX 77032
Jeffrey Shannon Slocum officer: President - Eastern Hemisphere 3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Maurice S Smith director 353 N. CLARK STREET, SUITE 3300, CHICAGO IL 60654
Janet L Weiss director 3000 N SAM HOUSTON PKWY E, HOUSTON TX 77032
Margaret Katherine Banks director 125 SPENCE STREET, SUITE 500, ZACHRY ENGINEERING EDUCATION COMPLEX, COLLEGE STATION TX 77843
Lawrence J Pope officer: Vice Pres, HR and Admin 3000 NORTH SAM HOUSTON PARKWAY E., HOUSTON TX 77032
Joe D Rainey officer: Pres., Eastern Hemisphere EMIRATES TOWER, 13TH FLOOR, SHEIKH ZAYED ROAD, DUBAI C0 00000
Lance Loeffler officer: Chief Financial Officer 3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Mark Richard officer: President - Western Hemisphere 3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032

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