Halliburton CoHAL +2.27%73 Interest Coverage is 6.53 as of Mar. 2026, which is 62% above its 10-year median of 4.03. GuruFocus rates HAL with a GF Score™ of 73/100 and a GF Value™ of $33.36 (Fairly Valued). The stock has 2 warning signs investors should review. Among 728 Oil & Gas companies, Halliburton Co ranks better than 60.16% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Halliburton Co's
Operating Income
for the
three
months ended in Mar. 2026 was $679 Mil. Halliburton Co's Interest Expense for the
three
months ended in Mar. 2026 was $-104 Mil.
Halliburton Co's interest coverage for the quarter that ended in Mar. 2026 was 6.53.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Halliburton Co's Interest Coverage or its related term are showing as below:
HAL'
s Interest Coverage Range Over the Past 10 Years
Min: 0.92 Med: 4.03 Max: 11.16
Current: 8.65
HAL's Interest Coverage is ranked better than 60.16% of 728
companies
in the Oil & Gas industry
Industry Median: 5.885
vs HAL: 8.65
Halliburton Co (NYSE:HAL) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Halliburton Co Interest Coverage Related Terms
Halliburton Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Halliburton Co's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
HAL vs FTI, WFRD, NOV: Interest Coverage Comparison
For the Oil & Gas Equipment & Services subindustry, Halliburton Co's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Halliburton Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Halliburton Co's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (HAL) has a Interest Coverage of 6.53 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Halliburton Co and its competitors. This is 62% above median its historical median of 4.03. Over the past decade, Halliburton Co's Interest Coverage has ranged from 0.92 to 11.16. According to the industry distribution chart, Halliburton Co ranks #290 out of 728 companies in the Oil & Gas industry, placing it in the top 39.8%.
Is Halliburton Co's Interest Coverage too high?
Halliburton Co's current Interest Coverage of 6.53 is 62% above median its 10-year median of 4.03. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 11.16. The Oil & Gas industry median Interest Coverage is 5.89. Halliburton Co's value of 6.53 is 11% above this industry median. Based on the distribution chart, Halliburton Co ranks #290 out of 728 companies in the Oil & Gas industry, which is above 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 Interest Coverage compare to FTI and WFRD?
According to the Oil & Gas industry distribution chart, Halliburton Co ranks #290 out of 728 companies for Interest Coverage. This puts Halliburton Co in the upper half of its industry. The industry median Interest Coverage is 5.89. Halliburton Co's value of 6.53 is 11% above this benchmark. Historically, Halliburton Co's own Interest Coverage has ranged from 0.92 to 11.16 over the past decade. While the company's 10-year median is 4.03 vs. the industry median of 5.89, 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 Interest Coverage for an Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.89, based on 728 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Halliburton Co's current Interest Coverage of 6.53 is 11% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Halliburton Co and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Halliburton Co's current Interest Coverage is 6.53, which is 62% above median its own 10-year median of 4.03. 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 $33.36, compared to a current price of $34.67 — trading 3.9% above its estimated fair value. The current Interest Coverage is 6.53, which is 62% above median its 10-year median of 4.03 and 11% above the Oil & Gas industry median of 5.89. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Halliburton Co (HAL), the current Interest Coverage is 6.53 as of Mar. 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 $34.67 is trading 3.9% above its estimated GF Value™ of $33.36.
GuruFocus considers Halliburton Co to be Fairly Valued.
Key valuation signals for HAL:
Interest Coverage: 6.53 (62% above median its 10-year median of 4.03)
GF Value™: $33.36 vs. price of $34.67 (3.9% above fair value)
Industry Position: 11% above the Oil & Gas median (#290 of 728)
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 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
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HAL has been successfully added to your 
