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Halliburton CoXSWX:HAL 71 EV-to-EBITDA is 10.19 as of Jul. 18, 2026, which is 18% above its 10-year median of 8.67. GuruFocus rates XSWX:HAL with a GF Score™ of 71/100 and a GF Value™ of CHF26.69 (Fairly Valued). The stock has 2 warning signs investors should review. Among 761 Oil & Gas companies, Halliburton Co ranks worse than 63.21% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Halliburton Co's enterprise value is CHF28,765 Mil.
Halliburton Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was CHF2,822 Mil. Therefore, Halliburton Co's EV-to-EBITDA for today is 10.19.
The historical rank and industry rank for Halliburton Co's EV-to-EBITDA or its related term are showing as below:
XSWX:HAL'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -326.88 Med: 8.67 Max: 28.17
Current: 10.06
During the past 13 years, the highest EV-to-EBITDA of Halliburton Co was 28.17. The lowest was -326.88. And the median was 8.67.
XSWX:HAL's EV-to-EBITDA is ranked worse than 63.21% of 761
companies
in the Oil & Gas industry
Industry Median: 7.53
vs XSWX:HAL: 10.06
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Halliburton Co (XSWX:HAL) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Halliburton Co's PE Ratio (TTM) for today is calculated as:
Halliburton Co's share price for today is CHF28.125.
Halliburton Co's Earnings per Share (Diluted) 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 CHF1.454.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Halliburton Co's EV-to-EBITDA 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.
XSWX:HAL vs FTI, KGS, AROC: EV-to-EBITDA Comparison
For the Oil & Gas Equipment & Services subindustry, Halliburton Co's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Halliburton Co's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Halliburton Co's EV-to-EBITDA falls into.
Halliburton Co's current Enterprise Value is CHF28,765 Mil.
Halliburton Co's EBITDA 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 CHF2,822 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 (XSWX:HAL) has a EV-to-EBITDA of 10.19 as of Jul. 18, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Halliburton Co. This is 18% above median its historical median of 8.67. According to the industry distribution chart, Halliburton Co ranks #481 out of 761 companies in the Oil & Gas industry, placing it in the top 63.2%.
Is Halliburton Co's EV-to-EBITDA too high?
Halliburton Co's current EV-to-EBITDA of 10.19 is 18% above median its 10-year median of 8.67. The Oil & Gas industry median EV-to-EBITDA is 7.53. Halliburton Co's value of 10.19 is 35.3% above this industry median. Based on the distribution chart, Halliburton Co ranks #481 out of 761 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Halliburton Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Halliburton Co's EV-to-EBITDA compare to FTI and KGS?
According to the Oil & Gas industry distribution chart, Halliburton Co ranks #481 out of 761 companies for EV-to-EBITDA. This places Halliburton Co in the lower half of its industry. The industry median EV-to-EBITDA is 7.53. Halliburton Co's value of 10.19 is 35.3% above this benchmark. While the company's 10-year median is 8.67 vs. the industry median of 7.53, 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-EBITDA for an Oil & Gas company?
The median EV-to-EBITDA among Oil & Gas companies is 7.53, based on 761 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Halliburton Co's current EV-to-EBITDA of 10.19 is 35.3% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Halliburton Co. For the Oil & Gas industry, the median EV-to-EBITDA is 7.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Halliburton Co's current EV-to-EBITDA is 10.19, which is 18% above median its own 10-year median of 8.67. 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 (XSWX:HAL) is currently considered Fairly Valued. The stock's GF Value™ is CHF26.69, compared to a current price of CHF28.13 — trading 5.4% above its estimated fair value. The current EV-to-EBITDA is 10.19, which is 18% above median its 10-year median of 8.67 and 35.3% above the Oil & Gas industry median of 7.53. Halliburton Co's overall GF Score™ is 71/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Halliburton Co (XSWX:HAL), the current EV-to-EBITDA is 10.19 as of Jul. 18, 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 (XSWX:HAL) Overvalued in 2026?
Based on GuruFocus' analysis, Halliburton Co stock appears to be overvalued.
The current stock price of CHF28.13 is trading 5.4% above its estimated GF Value™ of CHF26.69.
GuruFocus considers Halliburton Co to be Fairly Valued.
Key valuation signals for XSWX:HAL:
EV-to-EBITDA: 10.19 (18% above median its 10-year median of 8.67)
GF Value™: CHF26.69 vs. price of CHF28.13 (5.4% above fair value)
Industry Position: 35.3% above the Oil & Gas median (#481 of 761)
No single metric tells the full story. See the XSWX:HAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
71GF Score
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