SLB vs HAL Stock Comparison

Slb and Halliburton Prices as of Oct 23, 2026 Peers: Industry group
SLB Slb Limited/Nv
$53.05 +2.3% 1M +47.3% 1Y
Market cap
$79.10B
P/E
25.5x
Revenue (TTM)
$36.37B
Div. yield
–
Oilfield Services Energy
4 wins
HAL Halliburton Co
$34.92 +5.8% 1M +28.3% 1Y
Market cap
$29.49B
P/E
14.7x
Revenue (TTM)
$22.48B
Div. yield
0.02%
Oilfield Services Energy
7 wins

Head to Head

11 decided of 12

Halliburton leads on 7 of the 12 questions below (Halliburton 7, Slb 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionSLBHALLeader
Larger companyMarket capitalisation $79.10B $29.49B SLB
Cheaper on earningsLower P/E, profitable companies only 25.5x 14.7x HAL
Cheaper on forward earningsLower price / next fiscal year consensus EPS 21.1x 14.4x HAL
Faster revenue growthRevenue growth, trailing twelve months +2.5% +1.5% SLB
More profitableNet margin, trailing twelve months 8.5% 8.9% HAL
Better return on capitalReturn on invested capital 9.5% 21.4% HAL
Less leveragedLower net debt / EBITDA 1.2x -0.4x HAL
Higher dividend yieldTrailing dividend yield 0.00% 0.02% –
Better 1-year returnPrice return, last 12 months +47.3% +28.3% SLB
Better 5-year returnAnnualised price return, 5 years +9.4%/yr +6.2%/yr SLB
Less volatileAnnualised volatility, 1 year 36.6% 32.7% HAL
Higher overall scoreMean of the five percentile scores vs peers 54/100 65/100 HAL

Percentile Scorecard

SLBHAL

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisSLBHAL
Valuation 26 #35 of 47 74 #13 of 47
Growth 44 #25 of 44 47 #24 of 44
Profitability 83 #8 of 41 80 #9 of 41
Financial Health 51 #23 of 46 78 #11 of 46
Shareholder Returns 68 #11 of 32 45 #18 of 32
Overall 54 65
  • SLB ranked among 48 companies in Oilfield Services and Equipment
  • HAL ranked among 48 companies in Oilfield Services and Equipment

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodSLBHALSPY
1 month +2.3%+5.8% -1.0%
3 months +1.1%+4.7% +2.9%
6 months -5.5%-13.5% +6.4%
Year to date +38.2%+23.6% +11.4%
1 year +47.3%+28.3% +13.1%
3 years -6.9%-13.2% +79.4%
3 years, per year -2.4%-4.6% +21.5%
5 years +56.4%+34.9% +67.7%
5 years, per year +9.4%+6.2% +10.9%
10 years -34.1%-27.9% +255.2%
10 years, per year -4.1%-3.2% +13.5%

Risk

MeasureSLBHALSPY
Volatility, 1Y 36.6%32.7% 12.7%
Downside volatility, 1Y 33.3%31.8% 12.7%
Beta vs S&P 500, 1Y 0.730.11 1.00
Return / volatility, 1Y 1.290.86 1.03
Max drawdown, 5Y -48.9%-55.5% -25.4%
From 52-week high -11.8%-18.8% -2.5%
52-week high $60.12$42.98 $779.14
52-week low $35.19$25.62 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleSLBHAL
P/E now vs peer median 25.5xmedian 25.5x 14.5xmedian 25.5x
P/S now vs peer median 2.2xmedian 1.2x 1.3xmedian 1.2x
EV/EBITDA now vs peer median 11.8xmedian 8.8x 6.8xmedian 8.8x
P/FCF now vs peer median 16.4xmedian 14.7x 18.1xmedian 14.7x
P/B now vs peer median 2.9xmedian 1.6x 2.6xmedian 1.6x
PEG now vs peer median -2.84median 0.41 -2.32median 0.41

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsSLBHAL
Revenue $36.37B $22.48B
Gross profit $6.01B $3.36B
Operating income $4.68B $2.83B
Net income $3.15B $2.01B
Free cash flow $4.81B $1.60B
R&D $692.00M –
EPS (diluted) $2.06 $2.41
Cash & equivalents $2.74B $1.84B
Total debt $12.80B $90.00M
Shares (diluted) 1.51B 832.00M
Enterprise value $75.03B $21.39B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricSLBHAL
P/E 25.5x 14.5x
P/FCF 16.4x 18.1x
P/Operating cash flow 12.1x 11.0x
P/S 2.2x 1.3x
P/B 2.9x 2.6x
P/Tangible book 3.5x 2.6x
EV/EBITDA 11.8x 6.8x
EV/EBIT 18.7x 9.6x
EV/Revenue 2.4x 1.2x
EV/FCF 18.2x 17.0x
EV/Operating cash flow 13.4x 10.3x
PEG (3Y EPS CAGR) -2.84 -2.32

Growth

14 metrics
MetricSLBHAL
Revenue growth (1Y) 2.5% 1.5%
Revenue CAGR (3Y) 5.3% -0.6%
Gross profit growth (1Y) -15.3% -6.2%
Gross profit CAGR (3Y) -0.2% -7.7%
Operating income growth (1Y) -16.5% 15.6%
Operating income CAGR (3Y) -2.2% -10.9%
Net income growth (1Y) -25.2% 52.6%
Net income CAGR (3Y) -7.6% -8.9%
EPS growth (1Y) -31.3% 56.2%
EPS CAGR (3Y) -9.0% -6.3%
Operating cash flow growth (1Y) -1.6% -18.2%
Operating cash flow CAGR (3Y) 8.5% -6.4%
Free cash flow growth (1Y) 0.1% -14.6%
Free cash flow CAGR (3Y) 21.2% -5.3%

Profitability

14 metrics
MetricSLBHAL
Gross margin 16.5% 14.9%
EBITDA margin 20.5% 17.8%
Operating margin 12.9% 12.6%
Pretax margin 10.8% 10.7%
Net margin 8.5% 8.9%
FCF margin 13.2% 7.1%
Operating cash flow margin 18.0% 11.7%
Return on equity 11.5% 18.1%
Return on assets 5.7% 7.7%
Return on invested capital 9.5% 21.4%
Return on capital employed 11.4% 14.2%
Asset turnover 0.7x 0.9x
Cash conversion (OCF / net income) 2.1x 1.3x
Stock comp / revenue 0.9% –

Financial Health

11 metrics
MetricSLBHAL
Debt / assets 23.0% 0.3%
Debt / equity 0.5x 0.0x
Net debt / EBITDA 1.2x -0.4x
Debt / FCF 2.7x 0.1x
Liabilities / assets 50.9% 57.2%
Equity / assets 49.1% 42.8%
Interest coverage 9.1x –
Current ratio 1.4x 2.0x
Quick ratio 0.9x 1.2x
Cash ratio 0.3x 0.3x
Altman Z-score 3.21 3.52

Shareholder Returns

7 metrics
MetricSLBHAL
Dividend yield 2.2% 1.9%
Net buyback yield 1.1% 2.8%
Shareholder yield 3.3% 4.7%
Payout ratio (earnings) – 28.3%
Payout ratio (FCF) – 35.6%
Dividend growth (1Y) – -2.6%
Dividend CAGR (3Y) – 1.7%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusSLBHAL
Forward P/E 21.1xFY2026 14.4xFY2026
EPS, next fiscal year $2.52FY2026 $2.43FY2026
EPS growth, next FY -14.0%FY2026 +0.4%FY2026
EPS growth, the year after +20.2% +24.3%
Revenue, next fiscal year $38.20BFY2026 $21.57BFY2026
Revenue growth, next FY +7.0%FY2026 -2.8%FY2026
Revenue growth, the year after +0.3% +3.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersSLBHAL
Held by institutions 89.8% 87.9%
Institutions holding 1,698 1,207
Change in shares held, QoQ +1.6% +2.2%
Institutions buying 783 640
Institutions selling 663 377
Buyers to sellers 1.18 1.70

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

SLBHAL
SLB 1.00 0.74
HAL 0.74 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, SLB and HAL?

Slb (SLB) is the largest by market capitalisation: Slb (SLB) $79.10B, Halliburton (HAL) $29.49B.

Which stock is cheaper, SLB and HAL?

Halliburton (HAL) trades on the lowest price-to-earnings ratio (Slb (SLB) 25.5x, Halliburton (HAL) 14.7x). On next year's consensus earnings, Halliburton (HAL) is cheapest (Slb (SLB) 21.1x, Halliburton (HAL) 14.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Slb (SLB) grew revenue fastest over the trailing twelve months: Slb (SLB) +2.5%, Halliburton (HAL) +1.5%.

Which company is more profitable?

Halliburton (HAL) has the highest net margin (Slb (SLB) 8.5%, Halliburton (HAL) 8.9%). On return on invested capital, Halliburton (HAL) leads (Slb (SLB) 9.5%, Halliburton (HAL) 21.4%).

Which stock has performed better?

Over the past year Slb (SLB) returned the most: Slb (SLB) +47.3%, Halliburton (HAL) +28.3%. Over five years, Slb (SLB) compounded fastest (Slb (SLB) +9.4%/yr, Halliburton (HAL) +6.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Slb (SLB) 0.00%, Halliburton (HAL) 0.02%. Slb (SLB) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Halliburton (HAL) has been the steadiest (Slb (SLB) 36.6%, Halliburton (HAL) 32.7%). Volatility measures how widely the price swings, not the risk of the business.

Do SLB and HAL move together?

Their daily returns over the past year have a correlation of 0.74, a strong positive relationship. Holding both adds little diversification.

Which is the better stock, SLB and HAL?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Halliburton (HAL) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.