Halliburton Historical Income Statement

HAL
 Stock
  

USD 32.38  0.81  2.44%   

Historical analysis of Halliburton income statement accounts such as Cost of Revenue of 15.3 B or Earning Before Interest and Taxes EBIT of 1.8 B can show how well Halliburton performed in making a profits. Evaluating Halliburton income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Halliburton's future profits or losses. Financial Statement Analysis is much more than just reviewing and examining Halliburton latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Halliburton is a good buy for the upcoming year.
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Halliburton Net Income

1.57 Billion

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About Halliburton Income Statement Analysis

Halliburton Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Halliburton shareholders. The income statement also shows Halliburton investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Halliburton Income Statement Chart

Halliburton Income Statement is one of the three primary financial statements used for reporting Halliburton's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Halliburton revenue and expense. Halliburton Income Statement primarily focuses on the company's revenues and expenses during a particular period.
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.

Consolidated Income

The portion of profit or loss for the period; net of income taxes; which is attributable to the consolidated entity; before the deduction of Net Income to Non Controlling Interests.

Earning Before Interest and Taxes EBIT

Earnings Before Interest and Tax is calculated by adding Income Tax Expense and Interest Expense back to Net Income.

Earning Before Interest and Taxes USD

Earning Before Interest and Taxes EBIT in USD; converted by US Dollar Exchange Rate.

Interest Expense

Amount of the cost of borrowed funds accounted for as interest expense.

Revenues USD

Revenues in USD; converted by US Dollar Exchange Rate.
Most accounts from Halliburton income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Halliburton current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Please check Risk vs Return Analysis.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.
 2019 2020 2021 2022 (projected)
Interest Expense569 M505 M469 M512.68 M
Gross Profit2.29 B1.54 B2.02 B2.37 B

Halliburton income statement Correlations

Halliburton Account Relationship Matchups

Halliburton income statement Accounts

201720182019202020212022 (projected)
Direct Expenses18.36 B21.01 B20.12 B12.9 B13.28 B18.23 B
Consolidated Income(468 M)1.66 B(1.13 B)(2.94 B)1.47 B1.58 B
Cost of Revenue18.34 B21.01 B20.12 B12.9 B13.28 B15.32 B
Earning Before Interest and Taxes EBIT1.26 B2.37 B(555 M)(2.72 B)1.71 B1.84 B
Earning Before Interest and Taxes USD1.26 B2.37 B(555 M)(2.72 B)1.71 B1.84 B
Gross Profit2.28 B2.99 B2.29 B1.54 B2.02 B2.37 B
Interest Expense593 M554 M569 M505 M469 M512.68 M
Net Income(463 M)1.66 B(1.13 B)(2.94 B)1.46 B1.57 B
Net Income Common Stock(463 M)1.66 B(1.13 B)(2.94 B)1.46 B1.57 B
Net Income Common Stock USD(463 M)1.66 B(1.13 B)(2.94 B)1.46 B1.57 B
Operating Expenses903 M519 M2.73 B3.98 B216 M221.68 M
Operating Income1.37 B2.47 B(448 M)(2.44 B)1.8 B1.44 B
Revenues20.62 B24 B22.41 B14.45 B15.29 B17.69 B
Revenues USD20.62 B24 B22.41 B14.45 B15.29 B17.69 B
Selling General and Administrative Expense256 M254 M227 M182 M204 M211.9 M
Weighted Average Shares861 M870 M875 M881 M892 M840.65 M
Weighted Average Shares Diluted870 M877 M875 M881 M892 M841.26 M
Income Tax Expense1.13 B157 M7 M(278 M)(216 M)(221.68 M)

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.

Halliburton Implied Volatility

    
  76.38  
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.

Current Sentiment - HAL

Halliburton Investor Sentiment

Predominant part of Macroaxis users are currently bullish on Halliburton. What is your judgment towards investing in Halliburton? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

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Please check Risk vs Return Analysis. 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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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.
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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
29.1 B
Quarterly Revenue Growth YOY
0.24
Return On Assets
0.0558
Return On Equity
0.26
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.