HAL (Halliburton Co) Dividend Payout Ratio: 0.31 (As of Mar. 2026) — 11% Above Median


HAL Halliburton Co HAL
73 GF Score
Price $34.67
GF Value $33.37
Valuation Fairly Valued
! 2 Warning Signs
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What is Halliburton Co Dividend Payout Ratio?

Halliburton Co HAL +2.27% 73 Dividend Payout Ratio is 0.31 as of Mar. 2026, which is 11% above its 10-year median of 0.28. GuruFocus rates HAL with a GF Score™ of 73/100 and a GF Value™ of $33.37 (Fairly Valued). The stock has 2 warning signs investors should review. Among 433 Oil & Gas companies, Halliburton Co ranks better than 78.06% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Halliburton Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.31.

The historical rank and industry rank for Halliburton Co's Dividend Payout Ratio or its related term are showing as below:

HAL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.28   Max: 0.59
Current: 0.29

During the past 13 years, the highest Dividend Payout Ratio of Halliburton Co was 0.59. The lowest was 0.17. And the median was 0.28.

HAL's Dividend Payout Ratio is ranked better than
78.06% of 433 companies
in the Oil & Gas industry
Industry Median: 0.5 vs HAL: 0.29

As of today (2026-06-26), the Dividend Yield % of Halliburton Co is 1.99%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Halliburton Co was 14.26%. The lowest was 0.46%. And the median was 1.71%.

Halliburton Co's Dividends per Share for the months ended in Mar. 2026 was $0.17.

During the past 3 years, the average Dividends Per Share Growth Rate was 12.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 26.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -2.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Halliburton Co was 55.70% per year. The lowest was -37.00% per year. And the median was 0.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Halliburton Co (NYSE:HAL) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Halliburton Co Dividend Payout Ratio Related Terms

Halliburton Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Halliburton Co's Dividend Payout Ratio 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 Dividend Payout Ratio Chart

Halliburton Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.22 0.20 0.23 0.28

Halliburton Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio 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 0.28 0.31 0.29 0.25 0.31

HAL vs FTI, WFRD, NOV: Dividend Payout Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Halliburton Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Halliburton Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Halliburton Co's Dividend Payout Ratio falls into.


HAL
73GF Score
Halliburton Co HAL
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Halliburton Co Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Halliburton Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=0.68/ 2.42
=0.28

Halliburton Co's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0.17/ 0.55
=0.31

* 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 Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.31 mean?
Halliburton Co (HAL) has a Dividend Payout Ratio of 0.31 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Halliburton Co and its competitors. This is 11% above median its historical median of 0.28. Over the past decade, Halliburton Co's Dividend Payout Ratio has ranged from 0.17 to 0.59. According to the industry distribution chart, Halliburton Co ranks #95 out of 433 companies in the Oil & Gas industry, placing it in the top 21.9%.
Is Halliburton Co's Dividend Payout Ratio too high?
Halliburton Co's current Dividend Payout Ratio of 0.31 is 11% above median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.59. The Oil & Gas industry median Dividend Payout Ratio is 0.50. Halliburton Co's value of 0.31 is 38% below this industry median. Based on the distribution chart, Halliburton Co ranks #95 out of 433 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. 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 Dividend Payout Ratio compare to FTI and WFRD?
According to the Oil & Gas industry distribution chart, Halliburton Co ranks #95 out of 433 companies for Dividend Payout Ratio. This places Halliburton Co in the top 22% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.50. Halliburton Co's value of 0.31 is 38% below this benchmark. Historically, Halliburton Co's own Dividend Payout Ratio has ranged from 0.17 to 0.59 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 0.50, Halliburton Co has consistently been below 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 Dividend Payout Ratio for an Oil & Gas company?
The median Dividend Payout Ratio among Oil & Gas companies is 0.50, based on 433 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Halliburton Co's current Dividend Payout Ratio of 0.31 is 38% below 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Halliburton Co and its competitors. For the Oil & Gas industry, the median Dividend Payout Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Halliburton Co's current Dividend Payout Ratio is 0.31, which is 11% above median its own 10-year median of 0.28. 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 $33.37, compared to a current price of $34.67 — trading 3.9% above its estimated fair value. The current Dividend Payout Ratio is 0.31, which is 11% above median its 10-year median of 0.28 and 38% below the Oil & Gas industry median of 0.50. 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 Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Halliburton Co (HAL), the current Dividend Payout Ratio is 0.31 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 $33.37. GuruFocus considers Halliburton Co to be Fairly Valued.

Key valuation signals for HAL:

  • Dividend Payout Ratio: 0.31 (11% above median its 10-year median of 0.28)
  • GF Value™: $33.37 vs. price of $34.67 (3.9% above fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 38% below the Oil & Gas median (#95 of 433)

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

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$34.67
Price
$33.37
GF Value