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Halliburton CoXSWX:HAL 83 EV-to-OCF is 12.70 as of Jul. 25, 2026, which is 2% above its 10-year median of 12.42. GuruFocus rates XSWX:HAL with a GF Score™ of 83/100 and a GF Value™ of CHF27.97 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,015 Oil & Gas companies, Halliburton Co ranks worse than 75.17% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Halliburton Co's Enterprise Value is CHF27,828 Mil.
Halliburton Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was CHF2,190 Mil. Therefore, Halliburton Co's EV-to-OCF for today is 12.70.
The historical rank and industry rank for Halliburton Co's EV-to-OCF or its related term are showing as below:
XSWX:HAL'
s EV-to-OCF Range Over the Past 10 Years
Min: -34.47 Med: 12.42 Max: 27.34
Current: 12.19
During the past 13 years, the highest EV-to-OCF of Halliburton Co was 27.34. The lowest was -34.47. And the median was 12.42.
XSWX:HAL's EV-to-OCF is ranked worse than 75.17% of 1015
companies
in the Oil & Gas industry
Industry Median: 5.95
vs XSWX:HAL: 12.19
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 CHF27.105.
Halliburton Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF1.519.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Halliburton Co EV-to-OCF Related Terms
Halliburton Co EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Halliburton Co's EV-to-OCF 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.
For the Oil & Gas Equipment & Services subindustry, Halliburton Co's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Halliburton Co's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Halliburton Co's EV-to-OCF falls into.
Halliburton Co's current Enterprise Value is CHF27,828 Mil.
Halliburton Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF2,190 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-OCF of 12.70 as of Jul. 25, 2026. This is near median its historical median of 12.42. According to the industry distribution chart, Halliburton Co ranks #763 out of 1015 companies in the Oil & Gas industry, placing it in the top 75.2%.
Is Halliburton Co's EV-to-OCF too high?
Halliburton Co's current EV-to-OCF of 12.70 is near median its 10-year median of 12.42. The Oil & Gas industry median EV-to-OCF is 5.95. Halliburton Co's value of 12.70 is 113.4% above this industry median. Based on the distribution chart, Halliburton Co ranks #763 out of 1015 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Halliburton Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Halliburton Co's EV-to-OCF compare to FTI and KGS?
According to the Oil & Gas industry distribution chart, Halliburton Co ranks #763 out of 1015 companies for EV-to-OCF. This places Halliburton Co in the lower half of its industry. The industry median EV-to-OCF is 5.95. Halliburton Co's value of 12.70 is 113.4% above this benchmark. While the company's 10-year median is 12.42 vs. the industry median of 5.95, 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-OCF for an Oil & Gas company?
The median EV-to-OCF among Oil & Gas companies is 5.95, based on 1,015 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Halliburton Co's current EV-to-OCF of 12.70 is 113.4% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median EV-to-OCF is 5.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Halliburton Co's current EV-to-OCF is 12.70, which is near median its own 10-year median of 12.42. 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 CHF27.97, compared to a current price of CHF27.11 — trading 3.1% below its estimated fair value. The current EV-to-OCF is 12.70, which is near median its 10-year median of 12.42 and 113.4% above the Oil & Gas industry median of 5.95. Halliburton Co's overall GF Score™ is 83/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Halliburton Co (XSWX:HAL), the current EV-to-OCF is 12.70 as of Jul. 25, 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 undervalued.
The current stock price of CHF27.11 is trading 3.1% below its estimated GF Value™ of CHF27.97.
GuruFocus considers Halliburton Co to be Fairly Valued.
Key valuation signals for XSWX:HAL:
EV-to-OCF: 12.70 (near median its 10-year median of 12.42)
GF Value™: CHF27.97 vs. price of CHF27.11 (3.1% below fair value)
Industry Position: 113.4% above the Oil & Gas median (#763 of 1015)
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.
83GF Score
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