Is it safe?
Can HAL take a bad year?
Halliburton carries $5.02B of net debt at 1.35× EBITDA: a load its earnings can carry.
$5.02B
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.35×
Net debt / EBITDA · 1.26× a year ago · the load is going up
- Debt / equity
- 0.64×
Debt / equity
- Annualised volatility
- 38%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ2 2026
- $7.07B
- Cash and short-term investments
- $2.05B
- Net debt
- $5.02B
- EBITDA, trailing twelve months
- $3.73B
- Operating profit, trailing twelve months
- $2.56B
- Debt / equity
- 0.64×
- Total debt / EBITDA
- 1.90×
- Annualised volatilitytwo years of daily moves
- 38%
- Worst drawdown on file
- −91%
- Below its 52-week high
- −20%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Oil & Gas Equipment & Services
Ranks #3 of 27 by Smart Score