HAL

NYSE

HALLIBURTON CO

Energy, Oil & Gas Equipment & Services

$31.89

close 7 Aug 2026

+55.56%

52-week change

$26.57B

market cap

$20.39

$43.59

52-week range

Expected price

$20.54 – $25.10

Current price

$31.89

Signal

Could be overvalued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)16.78x

P/S (TTM)1.19x

P/B2.41x

EV/EBITDA (TTM)8.51x

FCF yield (TTM)6.49%

PEG (TTM, GAAP)—

Context

P/E, own 5-year average16.36x

P/E, sector median15.54x*

Price at 5-year median P/E$23.45*

Indicated dividend yield2.13%

Forward — analyst consensus

Forward P/E (FY2026)13.57x*

Forward P/E (FY2027)10.97x

Forward PEG0.57*

Consensus EPS FY2026 (25 analysts)$2.35

EPS growth (FY2026→FY2027)23.73%

Revenue growth (FY2026)0.77%

Street view

Price target (mean)$43.52*

Target upside36.47%

Ratings (buy / hold / sell)21 / 6 / 1

FY2026 EPS revisions, 30d (up / down)10 / 11

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 30 Jun 2026, filed 24 Jul 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

5Y CAGR +7.72%10Y CAGR +8.76%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$31.89

Cash & equivalents$2.05B

Total debt$7.16B

Shares outstanding833.13M

Result

DCF price per share$51.87

Current price$31.89

Margin of safety+62.66%

PV of years 1–10$17.01B

PV of terminal value$31.32B

Equity value$43.22B

Market-implied growth+2.31%

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	$1.86B	$2.00B	$2.16B	$2.32B	$2.50B	$2.70B	$2.90B	$3.13B	$3.37B	$3.63B	$67.63B
PV	$1.72B	$1.72B	$1.71B	$1.71B	$1.70B	$1.70B	$1.69B	$1.69B	$1.69B	$1.68B	$31.32B

period to 30 Jun 2026, filed 24 Jul 2026, close 7 Aug 2026