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Dec 31, 2024

Halliburton Q4 2024 Earnings Report

Halliburton reported net income of $0.70 per diluted share and revenue of $5.6 billion.

Key Takeaways

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.

Total Revenue
$5.61B
Previous year: $5.74B
-2.2%
EPS
$0.7
Previous year: $0.86
-18.6%
Gross Profit
$1.03B
Previous year: $1.13B
-9.4%
Cash and Equivalents
$2.62B
Previous year: $2.26B
+15.6%
Free Cash Flow
$1.1B
Previous year: $1.07B
+3.2%
Total Assets
$25.6B
Previous year: $24.7B
+3.7%

Halliburton

Halliburton

Halliburton Revenue by Segment

Halliburton Revenue by Geographic Location

Forward Guidance

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.

Revenue & Expenses

Visualization of income flow from segment revenue to net income