Halliburton Company (HAL) — Cash Flow Reinvestment Rate

Latest as of June 2026: 0.49x

Halliburton Company (HAL) has a Cash Flow Reinvestment Rate of 0.49x as of June 2026, reinvesting $405.00 Million (capex $235.00 Million plus investments $-170.00 Million) from operating cash flow of $824.00 Million. See how much free cash does Halliburton Company generate to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.49x
(Capex + Investments) / Operating CF

Total Reinvested

$405.00 Million
Capex + Investments

Operating Cash Flow

$824.00 Million
USD

Capital Expenditures

$235.00 Million
USD

Halliburton Company Cash Flow Reinvestment Rate (1989–2025)

Historical reinvestment intensity for Halliburton Company across 35 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Halliburton Company.

Annual Cash Flow Reinvestment Rate for Halliburton Company (1989–2025)

Year-by-year capital reinvestment analysis for Halliburton Company. See HAL FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.55x $1.62 Billion $2.93 Billion $1.25 Billion ▼ -31.1%
2024 0.80x $3.10 Billion $3.87 Billion $1.44 Billion ▼ -4.2%
2023 0.84x $2.89 Billion $3.46 Billion $1.38 Billion ▼ -5.2%
2022 0.88x $1.98 Billion $2.24 Billion $1.01 Billion ▲ +26.5%
2021 0.70x $1.33 Billion $1.91 Billion $799.00 Million ▲ +8.1%
2020 0.65x $1.21 Billion $1.88 Billion $728.00 Million ▼ -47.0%
2019 1.22x $2.98 Billion $2.44 Billion $1.53 Billion ▲ +80.3%
2018 0.67x $2.13 Billion $3.16 Billion $2.03 Billion ▼ -49.5%
2017 1.34x $3.30 Billion $2.47 Billion $1.37 Billion ▲ +77.7%
2015 0.75x $2.19 Billion $2.91 Billion $2.18 Billion ▼ -13.7%
2014 0.87x $3.54 Billion $4.06 Billion $3.28 Billion ▲ +31.0%
2013 0.67x $2.96 Billion $4.45 Billion $2.93 Billion ▼ -36.2%
2012 1.04x $3.81 Billion $3.65 Billion $3.57 Billion ▲ +11.4%
2011 0.94x $3.45 Billion $3.68 Billion $2.95 Billion ▼ -23.6%
2010 1.23x $2.71 Billion $2.21 Billion $2.07 Billion ▼ -7.4%
2009 1.32x $3.18 Billion $2.41 Billion $1.86 Billion ▲ +42.9%
2008 0.93x $2.48 Billion $2.67 Billion $2.48 Billion ▲ +59.5%
2007 0.58x $1.58 Billion $2.73 Billion $1.58 Billion ▲ +138.3%
2006 0.24x $891.00 Million $3.66 Billion $891.00 Million ▼ -73.8%
2005 0.93x $651.00 Million $701.00 Million $651.00 Million ▲ +49.9%
2004 0.62x $575.00 Million $928.00 Million $575.00 Million ▲ +26.7%
2002 0.49x $764.00 Million $1.56 Billion $764.00 Million ▲ +40.7%
2001 0.35x $797.00 Million $2.29 Billion $797.00 Million ▼ -53.7%
2000 0.75x $578.00 Million $769.00 Million $578.00 Million ▼ -71.1%
1999 2.60x $606.00 Million $233.00 Million $606.00 Million ▲ +23.7%
1998 2.10x $954.70 Million $454.10 Million $954.70 Million ▲ +99.7%
1997 1.05x $577.10 Million $548.20 Million $577.10 Million ▲ +20.2%
1996 0.88x $395.70 Million $452.00 Million $395.70 Million ▲ +90.7%
1995 0.46x $290.10 Million $632.00 Million $290.10 Million ▼ -17.2%
1994 0.55x $245.70 Million $443.40 Million $245.70 Million ▼ -45.4%
1993 1.02x $246.90 Million $243.10 Million $246.90 Million ▲ +22.7%
1992 0.83x $315.90 Million $381.60 Million $315.90 Million ▼ -44.4%
1991 1.49x $425.90 Million $286.20 Million $425.90 Million ▼ -35.5%
1990 2.31x $338.30 Million $146.70 Million $338.30 Million ▲ +288.2%
1989 0.59x $244.80 Million $412.10 Million $244.80 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow