Halliburton Company (HAL) — Capital Reinvestment Ratio
Latest as of March 2026:
0.70x
Halliburton Company (HAL) has a Capital Reinvestment Ratio of 0.70x as of March 2026, meaning it reinvests 1% of its operating cash flow ($273.00 Million) in capital expenditures ($192.00 Million). See HAL free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.70x
Capex / Operating Cash Flow
Operating Cash Flow
$273.00 Million
USD
Capital Expenditures
$192.00 Million
USD
Data as of
Mar 2026
Most recent filing
Halliburton Company Capital Reinvestment Ratio (1989–2025)
This chart tracks Halliburton Company's Capital Reinvestment Ratio across 35 annual periods.
Annual Capital Reinvestment Ratio for Halliburton Company (1989–2025)
Year-by-year Capital Reinvestment Ratio for Halliburton Company from 1989 to 2025. For live market cap and broader valuation context, see HAL stock market capitalisation.
| 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 | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow