Halliburton Company (HAL) — Financial Flexibility Index
Halliburton Company (HAL) has a Financial Flexibility Index of 0.07x as of June 2026. Free cash flow of $1.06 Billion (operating CF $824.00 Million minus capex $235.00 Million) represents 0% of total liabilities ($14.78 Billion). Check HAL total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Halliburton Company Financial Flexibility Index (1989–2025)
Historical Financial Flexibility Index trend for Halliburton Company across 37 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Halliburton Company.
Annual Financial Flexibility Index for Halliburton Company (1989–2025)
Year-by-year free cash flow to debt coverage for Halliburton Company. Explore Halliburton Company (HAL) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.29x | $4.18 Billion | $2.93 Billion | $14.51 Billion | ▼ -18.3% |
| 2024 | 0.35x | $5.31 Billion | $3.87 Billion | $15.04 Billion | ▲ +11.3% |
| 2023 | 0.32x | $4.84 Billion | $3.46 Billion | $15.25 Billion | ▲ +49.0% |
| 2022 | 0.21x | $3.25 Billion | $2.24 Billion | $15.28 Billion | ▲ +22.5% |
| 2021 | 0.17x | $2.71 Billion | $1.91 Billion | $15.59 Billion | ▲ +4.6% |
| 2020 | 0.17x | $2.61 Billion | $1.88 Billion | $15.70 Billion | ▼ -27.4% |
| 2019 | 0.23x | $3.98 Billion | $2.44 Billion | $17.35 Billion | ▼ -27.3% |
| 2018 | 0.32x | $5.18 Billion | $3.16 Billion | $16.44 Billion | ▲ +37.4% |
| 2017 | 0.23x | $3.84 Billion | $2.47 Billion | $16.74 Billion | ▲ +545.9% |
| 2016 | -0.05x | $-905.00 Million | $-1.70 Billion | $17.58 Billion | ▼ -121.7% |
| 2015 | 0.24x | $5.09 Billion | $2.91 Billion | $21.45 Billion | ▼ -48.5% |
| 2014 | 0.46x | $7.34 Billion | $4.06 Billion | $15.94 Billion | ▼ -2.6% |
| 2013 | 0.47x | $7.38 Billion | $4.45 Billion | $15.61 Billion | ▼ -23.9% |
| 2012 | 0.62x | $7.22 Billion | $3.65 Billion | $11.62 Billion | ▼ -2.1% |
| 2011 | 0.63x | $6.64 Billion | $3.68 Billion | $10.46 Billion | ▲ +17.2% |
| 2010 | 0.54x | $4.28 Billion | $2.21 Billion | $7.91 Billion | ▼ -1.4% |
| 2009 | 0.55x | $4.27 Billion | $2.41 Billion | $7.78 Billion | ▼ -29.2% |
| 2008 | 0.78x | $5.15 Billion | $2.67 Billion | $6.64 Billion | ▲ +11.1% |
| 2007 | 0.70x | $4.31 Billion | $2.73 Billion | $6.17 Billion | ▲ +38.0% |
| 2006 | 0.51x | $4.55 Billion | $3.66 Billion | $9.00 Billion | ▲ +217.5% |
| 2005 | 0.16x | $1.35 Billion | $701.00 Million | $8.49 Billion | ▲ +24.5% |
| 2004 | 0.13x | $1.50 Billion | $928.00 Million | $11.76 Billion | ▲ +730.2% |
| 2003 | -0.02x | $-260.00 Million | $-775.00 Million | $12.82 Billion | ▼ -108.0% |
| 2002 | 0.25x | $2.33 Billion | $1.56 Billion | $9.21 Billion | ▼ -49.6% |
| 2001 | 0.50x | $3.09 Billion | $2.29 Billion | $6.17 Billion | ▲ +128.0% |
| 2000 | 0.22x | $1.35 Billion | $769.00 Million | $6.14 Billion | ▲ +64.5% |
| 1999 | 0.13x | $839.00 Million | $233.00 Million | $6.29 Billion | ▼ -34.8% |
| 1998 | 0.20x | $1.41 Billion | $454.10 Million | $6.88 Billion | ▼ -45.4% |
| 1997 | 0.38x | $1.13 Billion | $548.20 Million | $3.00 Billion | ▲ +0.8% |
| 1996 | 0.37x | $847.70 Million | $452.00 Million | $2.28 Billion | ▼ -23.4% |
| 1995 | 0.49x | $922.10 Million | $632.00 Million | $1.90 Billion | ▲ +134.3% |
| 1994 | 0.21x | $689.10 Million | $443.40 Million | $3.32 Billion | ▲ +48.7% |
| 1993 | 0.14x | $490.00 Million | $243.10 Million | $3.51 Billion | ▼ -43.7% |
| 1992 | 0.25x | $697.50 Million | $381.60 Million | $2.82 Billion | ▼ -1.4% |
| 1991 | 0.25x | $712.10 Million | $286.20 Million | $2.83 Billion | ▲ +17.9% |
| 1990 | 0.21x | $485.00 Million | $146.70 Million | $2.28 Billion | ▼ -31.3% |
| 1989 | 0.31x | $656.90 Million | $412.10 Million | $2.12 Billion | — |