earnings
confidence high
sentiment neutral
materiality 0.70
Halliburton Q4 2024: $0.70 EPS, $5.6B revenue; FY op income down 7% YoY
HALLIBURTON CO
- Net income $615M ($0.70 diluted EPS) vs Q3 $571M ($0.65); adjusted Q3 net income $641M ($0.73).
- Revenue $5.6B, down 2% sequentially; full-year 2024 revenue $22.9B flat YoY; operating income $932M (17% margin).
- Full-year operating income $3.8B vs $4.1B in 2023; adjusted operating income $3.9B for 2024.
- Q4 cash from ops $1.5B, free cash flow $1.1B; 60% of 2024 free cash flow returned to shareholders.
- FY share repurchases $1B; Q4 bought $309M stock, $100M debt; dividend $0.17/share; expects softer N.America in 2025.