Halliburton Income Tax Expense Trend from 2010 to 2022

HAL
 Stock
  

USD 28.41  0.10  0.35%   

Halliburton Income Tax Expense yearly trend continues to be relatively stable with very little volatility. The value of Income Tax Expense is projected to decrease to -221,684,211. . Halliburton Gross Profit is relatively stable at the moment as compared to the past year. The company's current value of Gross Profit is estimated at 2.37 Billion. Interest Expense is expected to hike to about 512.7 M this year, although the value of Weighted Average Shares will most likely fall to nearly 840.7 M.
  
Check Halliburton financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Halliburton main balance sheet or income statement drivers, such as Direct Expenses of 18.2 B, Consolidated Income of 1.6 B or Cost of Revenue of 15.3 B, as well as many exotic indicators such as Interest Coverage of 4.53, Long Term Debt to Equity of 1.11 or PPandE Turnover of 3.41. Halliburton financial statements analysis is a perfect complement when working with Halliburton Valuation or Volatility modules. It can also supplement Halliburton's financial leverage analysis and stock options assessment as well as various Halliburton Technical models . Please check the analysis of Halliburton Correlation against competitors.

Halliburton Quarterly Income Tax Expense

114 Million

Halliburton Income Tax Expense Breakdown

Showing smoothed Income Tax Expense of Halliburton with missing and latest data points interpolated. Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.Halliburton's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Halliburton's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Decreasing
Slightly volatile
   Income Tax Expense   
Share
       Timeline  

Halliburton Income Tax Expense Regression Statistics

Arithmetic Mean 344,870,445
Coefficient Of Variation 279.76
Mean Deviation 784,273,435
Median 157,000,000
Standard Deviation 964,806,361
Range 3,297,000,000
R-Value(0.60)
R-Squared 0.36
Significance 0.030233
Slope(148,599,479)

Halliburton Income Tax Expense History

20121.2 B
2013648 M
20141.3 B
2015-274 M
2016-1.9 B
20171.1 B
2018157 M
2019M
2020-278 M
2021-216 M
2022-221.7 M

About Halliburton Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Halliburton income statement, its balance sheet, and the statement of cash flows. Halliburton investors use historical funamental indicators, such as Halliburton's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Halliburton investors may use each financial statement separately, they are all related. The changes in Halliburton's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Halliburton's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Halliburton Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Halliburton. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Income Tax Expense-216 M-221.7 M
Net Income Per Employee36.4 K39.3 K
Halliburton Company provides products and services to the energy industry worldwide. Halliburton Company was founded in 1919 and is based in Houston, Texas. Halliburton operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 40000 people.

Halliburton Investors Sentiment

The influence of Halliburton's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Halliburton. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Halliburton's public news can be used to forecast risks associated with investment in Halliburton. The trend in average sentiment can be used to explain how an investor holding Halliburton can time the market purely based on public headlines and social activities around Halliburton. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Halliburton's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Halliburton's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Halliburton's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Halliburton.

Halliburton Implied Volatility

    
  50.27  
Halliburton's implied volatility exposes the market's sentiment of Halliburton stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Halliburton's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Halliburton stock will not fluctuate a lot when Halliburton's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Halliburton in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Halliburton's short interest history, or implied volatility extrapolated from Halliburton options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Halliburton using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check the analysis of Halliburton Correlation against competitors. Note that the Halliburton information on this page should be used as a complementary analysis to other Halliburton's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for Halliburton Stock analysis

When running Halliburton price analysis, check to measure Halliburton's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Halliburton is operating at the current time. Most of Halliburton's value examination focuses on studying past and present price action to predict the probability of Halliburton's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Halliburton's price. Additionally, you may evaluate how the addition of Halliburton to your portfolios can decrease your overall portfolio volatility.
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Is Halliburton's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Halliburton. If investors know Halliburton will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Halliburton listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.53
Market Capitalization
25.4 B
Quarterly Revenue Growth YOY
0.37
Return On Assets
0.0611
Return On Equity
0.23
The market value of Halliburton is measured differently than its book value, which is the value of Halliburton that is recorded on the company's balance sheet. Investors also form their own opinion of Halliburton's value that differs from its market value or its book value, called intrinsic value, which is Halliburton's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Halliburton's market value can be influenced by many factors that don't directly affect Halliburton's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Halliburton's value and its price as these two are different measures arrived at by different means. Investors typically determine Halliburton value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Halliburton's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.