Halliburton Company Capital Reinvestment Ratio
Halliburton Company capital reinvestment ratio. Halliburton Company (HAL) has a Capital Reinvestment Ratio of 0.29x as of June 2026, meaning it reinvests 0% of its operating cash flow ($824.00 Million) in capital expenditures ($235.00 Million). See HAL free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Halliburton Company (1989–2025)
Capital reinvestment ratio of Halliburton Company from 1989 to 2025. This chart tracks Halliburton Company's Capital Reinvestment Ratio across 35 annual periods. See how financially flexible is Halliburton Company to measure the company's free cash flow as a share of total liabilities.
Halliburton Company Capital Reinvestment Ratio by Year (1989–2025)
Halliburton Company capital reinvestment ratio by year from 1989 to 2025. For the full cash flow conversion analysis, see Halliburton Company cash flow conversion.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.43x | $2.93 Billion | $1.25 Billion | ▲ +14.9% |
| 2024 | 0.37x | $3.87 Billion | $1.44 Billion | ▼ -6.4% |
| 2023 | 0.40x | $3.46 Billion | $1.38 Billion | ▼ -11.6% |
| 2022 | 0.45x | $2.24 Billion | $1.01 Billion | ▲ +7.9% |
| 2021 | 0.42x | $1.91 Billion | $799.00 Million | ▲ +8.0% |
| 2020 | 0.39x | $1.88 Billion | $728.00 Million | ▼ -38.2% |
| 2019 | 0.63x | $2.44 Billion | $1.53 Billion | ▼ -2.5% |
| 2018 | 0.64x | $3.16 Billion | $2.03 Billion | ▲ +15.4% |
| 2017 | 0.56x | $2.47 Billion | $1.37 Billion | ▼ -26.0% |
| 2015 | 0.75x | $2.91 Billion | $2.18 Billion | ▼ -7.0% |
| 2014 | 0.81x | $4.06 Billion | $3.28 Billion | ▲ +22.5% |
| 2013 | 0.66x | $4.45 Billion | $2.93 Billion | ▼ -32.4% |
| 2012 | 0.98x | $3.65 Billion | $3.57 Billion | ▲ +21.8% |
| 2011 | 0.80x | $3.68 Billion | $2.95 Billion | ▼ -14.3% |
| 2010 | 0.94x | $2.21 Billion | $2.07 Billion | ▲ +20.7% |
| 2009 | 0.77x | $2.41 Billion | $1.86 Billion | ▼ -16.3% |
| 2008 | 0.93x | $2.67 Billion | $2.48 Billion | ▲ +59.5% |
| 2007 | 0.58x | $2.73 Billion | $1.58 Billion | ▲ +138.3% |
| 2006 | 0.24x | $3.66 Billion | $891.00 Million | ▼ -73.8% |
| 2005 | 0.93x | $701.00 Million | $651.00 Million | ▲ +49.9% |
| 2004 | 0.62x | $928.00 Million | $575.00 Million | ▲ +26.7% |
| 2002 | 0.49x | $1.56 Billion | $764.00 Million | ▲ +40.7% |
| 2001 | 0.35x | $2.29 Billion | $797.00 Million | ▼ -53.7% |
| 2000 | 0.75x | $769.00 Million | $578.00 Million | ▼ -71.1% |
| 1999 | 2.60x | $233.00 Million | $606.00 Million | ▲ +23.7% |
| 1998 | 2.10x | $454.10 Million | $954.70 Million | ▲ +99.7% |
| 1997 | 1.05x | $548.20 Million | $577.10 Million | ▲ +20.2% |
| 1996 | 0.88x | $452.00 Million | $395.70 Million | ▲ +90.7% |
| 1995 | 0.46x | $632.00 Million | $290.10 Million | ▼ -17.2% |
| 1994 | 0.55x | $443.40 Million | $245.70 Million | ▼ -45.4% |
| 1993 | 1.02x | $243.10 Million | $246.90 Million | ▲ +22.7% |
| 1992 | 0.83x | $381.60 Million | $315.90 Million | ▼ -44.4% |
| 1991 | 1.49x | $286.20 Million | $425.90 Million | ▼ -35.5% |
| 1990 | 2.31x | $146.70 Million | $338.30 Million | ▲ +288.2% |
| 1989 | 0.59x | $412.10 Million | $244.80 Million | — |