Halliburton Co (BSP:HALI34) ROCE % : 19.20% (As of Dec. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Halliburton Co ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Halliburton Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 19.20%.

Halliburton Co ROCE % Historical Data

The historical data trend for Halliburton Co's ROCE % 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.

* Premium members only.

Halliburton Co ROCE % Chart

Halliburton Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

-16.42

10.86

13.94

20.61

21.14

Halliburton Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															22.11	18.95	22.12	17.41	19.20

Halliburton Co ROCE % Calculation

Halliburton Co's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	22476.084	/	( ( (120941.763 - 27478.078)	+	(156106.287 - 36911.05) )	/ 2 )
	=	22476.084	/	( (93463.685	+	119195.237)	/ 2 )
	=	22476.084	/	106329.461
	=	21.14 %

Halliburton Co's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	22012.408	/	( ( (140278.012 - 30236.388)	+	(156106.287 - 36911.05) )	/ 2 )
	=	22012.408	/	( ( 110041.624	+	119195.237 )	/ 2 )
	=	22012.408	/	114618.4305
	=	19.20 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Halliburton Co (BSP:HALI34) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Halliburton Co ROCE % Related Terms

Thank you for viewing the detailed overview of Halliburton Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Halliburton Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Halliburton Co (BSP:HALI34) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

HAL:USA HAL:Mexico 1HAL:Italy HALd:UK 0R23:UK HAL:Germany HAL:Chile HAL:Austria

Address

3000 North Sam Houston Parkway East, Houston, TX, USA, 77032

Website

https://www.halliburton.com

Halliburton Co is North America's largest oilfield service 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. The firm's innovations have helped multiple producers lower their development costs per barrel of oil equivalent, with techniques that have been homed in over a century of operations.

Halliburton Co Headlines

No Headlines