HAL (Halliburton Co) EV-to-EBIT: 14.88 (As of Jul. 16, 2026) — 23% Above Median

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HAL Halliburton Co HAL
73 GF Score
Price $35.04
GF Value $33.41
Valuation Fairly Valued
! 2 Warning Signs
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What is Halliburton Co EV-to-EBIT?

Halliburton Co HAL -0.60% 73 EV-to-EBIT is 14.88 as of Jul. 16, 2026, which is 23% above its 10-year median of 12.14. GuruFocus rates HAL with a GF Score™ of 73/100 and a GF Value™ of $33.41 (Fairly Valued). The stock has 2 warning signs investors should review. Among 690 Oil & Gas companies, Halliburton Co ranks worse than 62.75% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Halliburton Co's Enterprise Value is $35,395 Mil. Halliburton Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $2,379 Mil. Therefore, Halliburton Co's EV-to-EBIT for today is 14.88.

The historical rank and industry rank for Halliburton Co's EV-to-EBIT or its related term are showing as below:

HAL' s EV-to-EBIT Range Over the Past 10 Years
Min: -58.2   Med: 12.14   Max: 124.41
Current: 14.88

During the past 13 years, the highest EV-to-EBIT of Halliburton Co was 124.41. The lowest was -58.20. And the median was 12.14.

HAL's EV-to-EBIT is ranked worse than
62.75% of 690 companies
in the Oil & Gas industry
Industry Median: 11.76 vs HAL: 14.88

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Halliburton Co's Enterprise Value for the quarter that ended in Mar. 2026 was $38,680 Mil. Halliburton Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $2,379 Mil. Halliburton Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.15%.


Halliburton Co  (NYSE:HAL) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Halliburton Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=2379/38679.65
=6.15 %

Halliburton Co's Enterprise Value for the quarter that ended in Mar. 2026 was $38,680 Mil.
Halliburton Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,379 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 EV-to-EBIT Related Terms


Halliburton Co EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Halliburton Co's EV-to-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.

Halliburton Co EV-to-EBIT Chart

Halliburton Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.54 16.19 10.31 8.26 13.92

Halliburton Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial 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 9.23 8.58 12.02 13.92 16.26

HAL vs FTI, KGS, AROC: EV-to-EBIT 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 vs Oil & Gas Industry

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.


HAL
73GF Score
Halliburton Co HAL
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Halliburton Co EV-to-EBIT Calculation

Halliburton Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=35395.336/2379
=14.88

Halliburton Co's current Enterprise Value is $35,395 Mil.
Halliburton Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,379 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 14.88 mean?
Halliburton Co (HAL) has a EV-to-EBIT of 14.88 as of Jul. 16, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Halliburton Co and its competitors. This is 23% above median its historical median of 12.14. According to the industry distribution chart, Halliburton Co ranks #433 out of 690 companies in the Oil & Gas industry, placing it in the top 62.8%.
Is Halliburton Co's EV-to-EBIT too high?
Halliburton Co's current EV-to-EBIT of 14.88 is 23% above median its 10-year median of 12.14. The Oil & Gas industry median EV-to-EBIT is 11.76. Halliburton Co's value of 14.88 is 26.5% above this industry median. Based on the distribution chart, Halliburton Co ranks #433 out of 690 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Halliburton Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Halliburton Co's EV-to-EBIT compare to FTI and KGS?
According to the Oil & Gas industry distribution chart, Halliburton Co ranks #433 out of 690 companies for EV-to-EBIT. This places Halliburton Co in the lower half of its industry. The industry median EV-to-EBIT is 11.76. Halliburton Co's value of 14.88 is 26.5% above this benchmark. While the company's 10-year median is 12.14 vs. the industry median of 11.76, Halliburton Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Oil & Gas company?
The median EV-to-EBIT among Oil & Gas companies is 11.76, based on 690 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Halliburton Co's current EV-to-EBIT of 14.88 is 26.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Halliburton Co and its competitors. For the Oil & Gas industry, the median EV-to-EBIT is 11.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Halliburton Co's current EV-to-EBIT is 14.88, which is 23% above median its own 10-year median of 12.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Halliburton Co stock overvalued right now?
Based on GuruFocus' analysis, Halliburton Co (HAL) is currently considered Fairly Valued. The stock's GF Value™ is $33.41, compared to a current price of $35.04 — trading 4.9% above its estimated fair value. The current EV-to-EBIT is 14.88, which is 23% above median its 10-year median of 12.14 and 26.5% above the Oil & Gas industry median of 11.76. Halliburton Co's overall GF Score™ is 73/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Halliburton Co (HAL), the current EV-to-EBIT is 14.88 as of Jul. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Halliburton Co (HAL) Overvalued in 2026?

Based on GuruFocus' analysis, Halliburton Co stock appears to be overvalued. The current stock price of $35.04 is trading 4.9% above its estimated GF Value™ of $33.41. GuruFocus considers Halliburton Co to be Fairly Valued.

Key valuation signals for HAL:

  • EV-to-EBIT: 14.88 (23% above median its 10-year median of 12.14)
  • GF Value™: $33.41 vs. price of $35.04 (4.9% above fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 26.5% above the Oil & Gas median (#433 of 690)

No single metric tells the full story. See the HAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Halliburton Co Business Description

Industry EnergyOil & Gas
Address 3000 North Sam Houston Parkway East, Houston, TX, USA, 77032
Halliburton is North America's largest oilfield-services company as measured by market share. Despite industry fragmentation, it holds a leading position in the hydraulic fracturing and completions market, which makes up nearly half of its revenue. It also holds strong positions in other service offerings like drilling and completions fluids, which leverages its expertise in material science, as well as the directional drilling market. While we consider SLB the global leader in reservoir evaluation, we think Halliburton leads in any activity from the reservoir to the wellbore. Halliburton's innovations have helped multiple producers lower their development costs per barrel of oil equivalent, with techniques that have been honed over a century of operations.
73GF Score

Get the complete analysis for HAL

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$35.04
Price
$33.41
GF Value