Halliburton announced Q4 2024 results with net income of $615 million, or $0.70 per diluted share, and revenue of $5.6 billion. The company's operating income was $932 million, and it generated $1.1 billion in free cash flow. Full year share repurchases amounted to $1 billion, and 60% of free cash flow was returned to shareholders.
Net income was $0.70 per diluted share.
Revenue reached $5.6 billion with an operating margin of 17%.
Cash flow from operations was $1.5 billion, and free cash flow was $1.1 billion.
Full year share repurchases totaled $1 billion.
While we expect 2025 to be sequentially softer in North America, we begin the second half of this decade in a great position, with a transformed balance sheet, leading returns, and strong free cash flow.
Visualization of income flow from segment revenue to net income