HAL (Halliburton Co) ROCE % : 18.31% (As of Dec. 2024)

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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 18.31%.

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.

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Halliburton Co ROCE % Chart

Halliburton Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-14.57

10.39

14.49

21.31

19.08

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															22.20	18.80	21.29	17.18	18.31

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 )
	=	3684	/	( ( (24683 - 5608)	+	(25587 - 6050) )	/ 2 )
	=	3684	/	( (19075	+	19537)	/ 2 )
	=	3684	/	19306
	=	19.08 %

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 )
	=	3608	/	( ( (25331 - 5460)	+	(25587 - 6050) )	/ 2 )
	=	3608	/	( ( 19871	+	19537 )	/ 2 )
	=	3608	/	19704
	=	18.31 %

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

Halliburton Co (NYSE:HAL) 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

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Halliburton Co Business Description

Industry

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

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Traded in Other Exchanges

HAL:Mexico 1HAL:Italy HALd:UK 0R23:UK HAL:Germany HAL:Chile HALI34:Brazil 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.

Executives

Eric Carre	officer: EVP, Global Business Lines	3000 N. SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Van H. Beckwith	officer: EVP, Secretary and CLO	3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Charles Jr. Geer	officer: VP and Corporate Controller	3000 N. SAM HOUSTON PARKWAY EAST, PLAZA 2-6211, HOUSTON TX 77032
Jill D. Sharp	officer: SVP Internal Assurance Svcs.	3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Jeffrey Shannon Slocum	officer: President - Eastern Hemisphere	3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Myrtle L Jones	officer: Senior Vice Pres - Tax	3000 NORTH SAM HOUSTON PARKWAY E., HOUSTON TX 77032
Margaret Katherine Banks	director	125 SPENCE STREET, SUITE 500, ZACHRY ENGINEERING EDUCATION COMPLEX, COLLEGE STATION TX 77843
Timothy Mckeon	officer: Vice Pres and Treasurer	3000 NORTH SAM HOUSTON PARKWAY E., HOUSTON TX 77032
Jeffrey Allen Miller	officer: Exec VP & COO	3000 N. SAM HOUSTON PARKWAY E., HOUSTON TX 77032
Maurice S Smith	director	353 N. CLARK STREET, SUITE 3300, CHICAGO IL 60654
Janet L Weiss	director	3000 N SAM HOUSTON PKWY E, HOUSTON TX 77032
Lawrence J Pope	officer: Vice Pres, HR and Admin	3000 NORTH SAM HOUSTON PARKWAY E., HOUSTON TX 77032
Joe D Rainey	officer: Pres., Eastern Hemisphere	EMIRATES TOWER, 13TH FLOOR, SHEIKH ZAYED ROAD, DUBAI C0 00000
Lance Loeffler	officer: Chief Financial Officer	3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Mark Richard	officer: President - Western Hemisphere	3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032