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HALLIBURTON COMPANY (HAL) Debt / Equity

HALLIBURTON CO Debt/Equity Ratio

The debt/equity ratio shows how much a company has borrowed for every dollar its shareholders have put in. It is long-term debt, both the part due within a year and the rest, divided by shareholder equity, shown as a multiple with both amounts in the table. A higher ratio means the company relies more on borrowed money than on shareholder capital. Because equity shrinks through buybacks or losses, the ratio can rise even when debt is unchanged, and it has no meaning when equity is negative. Quarterly points use quarter-end balances; annual points use fiscal-year-end balances.

  • HALLIBURTON CO debt/equity ratio for the quarter ending 2025-12-31 was 0.68, a 4.69% decline year-over-year.
  • HALLIBURTON CO debt/equity ratio for the quarter ending 2024-12-31 was 0.71, a 11.68% decline year-over-year.
  • HALLIBURTON CO debt/equity ratio for the quarter ending 2023-12-31 was 0.81.
  • HALLIBURTON CO debt/equity ratio for the quarter ending 2021-12-31 was 1.36, a 31.16% decline year-over-year.
  • HALLIBURTON CO debt/equity ratio for fiscal 2025 was 0.68, a 4.69% decline from fiscal 2024.
  • HALLIBURTON CO debt/equity ratio for fiscal 2024 was 0.71, a 11.68% decline from fiscal 2023.
  • HALLIBURTON CO debt/equity ratio for fiscal 2023 was 0.81.
  • HALLIBURTON CO debt/equity ratio for fiscal 2021 was 1.36, a 31.16% decline from fiscal 2020.
Available history
2009-12-31 to 2025-12-31
Data captured

Historical Debt/Equity Ratio

DateDebt/Equity RatioLong-term debtShareholder equity
2025-12-310.68$7.16B$10.51B
2024-12-310.71$7.54B$10.55B
2023-12-310.81$7.64B$9.43B
2021-12-311.36$9.13B$6.73B
2020-12-311.97$9.83B$4.98B
2020-09-300.33$1.7B$5.2B
2020-06-300.32$1.69B$5.2B
2020-03-310.25$1.69B$6.84B
2019-12-311.29$10.33B$8.03B
2018-12-311.08$10.35B$9.54B
2018-06-301.23$10.87B$8.84B
2018-03-311.3$10.89B$8.39B
2017-12-311.31$10.94B$8.35B
2017-09-301.18$10.94B$9.25B
2017-06-301.25$11.15B$8.95B
2017-03-311.21$10.91B$8.99B
2016-12-311.31$12.38B$9.45B
2016-09-301.27$12.32B$9.73B
2016-06-301.32$12.92B$9.78B
2016-03-311.18$15.39B$13.06B
2015-12-310.99$15.35B$15.5B
2015-09-300.51$7.89B$15.48B
2014-12-310.48$7.78B$16.3B
2013-12-310.57$7.82B$13.62B
2010-12-310.37$3.82B$10.39B
2009-12-310.52$4.57B$8.76B

Annual Debt/Equity Ratio

DateDebt/Equity RatioLong-term debtShareholder equity
2025-12-310.68$7.16B$10.51B
2024-12-310.71$7.54B$10.55B
2023-12-310.81$7.64B$9.43B
2021-12-311.36$9.13B$6.73B
2020-12-311.97$9.83B$4.98B
2019-12-311.29$10.33B$8.03B
2018-12-311.08$10.35B$9.54B
2017-12-311.3$10.87B$8.35B
2016-12-311.31$12.38B$9.45B
2015-12-310.99$15.35B$15.5B
2014-12-310.48$7.78B$16.3B
2013-12-310.57$7.82B$13.62B
2010-12-310.37$3.82B$10.39B
2009-12-310.52$4.57B$8.76B

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