HAL (Halliburton Co) Retained Earnings: $15,355 Mil (As of Mar. 2026)


HAL Halliburton Co HAL
74 GF Score
Price $32.96
GF Value $33.39
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Halliburton Co Retained Earnings?

Halliburton Co HAL -0.15% 74 Retained Earnings is $15,355 Mil as of Mar. 2026. GuruFocus rates HAL with a GF Score™ of 74/100 and a GF Value™ of $33.39 (Fairly Valued). The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Halliburton Co's retained earnings for the quarter that ended in Mar. 2026 was $15,355 Mil.

Halliburton Co's quarterly retained earnings increased from Sep. 2025 ($14,590 Mil) to Dec. 2025 ($15,036 Mil) and increased from Dec. 2025 ($15,036 Mil) to Mar. 2026 ($15,355 Mil).

Halliburton Co's annual retained earnings increased from Dec. 2023 ($12,536 Mil) to Dec. 2024 ($14,332 Mil) and increased from Dec. 2024 ($14,332 Mil) to Dec. 2025 ($15,036 Mil).


Halliburton Co  (NYSE:HAL) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Halliburton Co Retained Earnings Historical Data

* Premium members only.

The historical data trend for Halliburton Co's Retained Earnings 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 Retained Earnings Chart

Halliburton Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,710.00 10,572.00 12,536.00 14,332.00 15,036.00

Halliburton Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Retained Earnings 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 14,389.00 14,716.00 14,590.00 15,036.00 15,355.00
HAL
74GF Score
Halliburton Co HAL
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Halliburton Co Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $15,355 Mil mean?
Halliburton Co (HAL) has a Retained Earnings of $15,355 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Halliburton Co and its competitors.
Is Halliburton Co's Retained Earnings too high?
Halliburton Co's current Retained Earnings is $15,355 Mil. Overall, Halliburton Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Halliburton Co's Retained Earnings compare to FTI and KGS?
Halliburton Co's Retained Earnings of $15,355 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Oil & Gas company?
A good Retained Earnings depends on the Oil & Gas industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Halliburton Co and its competitors. Halliburton Co's current Retained Earnings is $15,355 Mil. 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 $33.39, compared to a current price of $32.96 — trading 1.3% below its estimated fair value. The current Retained Earnings is $15,355 Mil. Halliburton Co's overall GF Score™ is 74/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Halliburton Co (HAL), the current Retained Earnings is $15,355 Mil 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 undervalued. The current stock price of $32.96 is trading 1.3% below its estimated GF Value™ of $33.39. GuruFocus considers Halliburton Co to be Fairly Valued.

Key valuation signals for HAL:

  • Retained Earnings: $15,355 Mil
  • GF Value™: $33.39 vs. price of $32.96 (1.3% below fair value)
  • GF Score™: 74/100 with 2 warning signs

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.
74GF Score

Get the complete analysis for HAL

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

$32.96
Price
$33.39
GF Value