$HAL
HALLIBURTON CO

2023 Q3 Form 10-Q Financial Statement

#000004501223000046 Filed on July 26, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2023 Q1
Revenue $5.804B $5.798B $5.677B
YoY Change 8.34% 14.27% 32.52%
Cost Of Revenue $4.686B $4.720B $4.646B
YoY Change -616.08% 10.05% 25.6%
Gross Profit $1.118B $1.078B $1.031B
YoY Change -82.15% 37.32% 76.24%
Gross Profit Margin 19.26% 18.59% 18.16%
Selling, General & Admin $58.00M $54.00M $54.00M
YoY Change -1.69% -19.4% 3.85%
% of Gross Profit 5.19% 5.01% 5.24%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $256.0M $245.0M $241.0M
YoY Change 9.4% 2.94% 3.88%
% of Gross Profit 22.9% 22.73% 23.38%
Operating Expenses $81.00M $67.00M $54.00M
YoY Change -98.51% 0.0% 3.85%
Operating Profit $1.037B $1.011B $977.0M
YoY Change 22.58% 170.32% 91.19%
Interest Expense -$93.00M -$92.00M -$79.00M
YoY Change 0.0% -8.91% -26.17%
% of Operating Profit -8.97% -9.1% -8.09%
Other Income/Expense, Net -$28.00M -$32.00M -$69.00M
YoY Change -41.67% -23.81% 130.0%
Pretax Income $916.0M $783.0M $829.0M
YoY Change 29.93% 238.96% 149.7%
Income Tax $192.0M $167.0M $174.0M
% Of Pretax Income 20.96% 21.33% 20.99%
Net Earnings $716.0M $610.0M $651.0M
YoY Change 31.62% 459.63% 147.53%
Net Earnings / Revenue 12.34% 10.52% 11.47%
Basic Earnings Per Share $800.0K $680.0K $720.0K
Diluted Earnings Per Share $790.0K $0.68 $720.0K
COMMON SHARES
Basic Shares Outstanding 898.5M shares 902.2M shares 904.1M shares
Diluted Shares Outstanding 902.0M shares 903.0M shares 907.0M shares

Balance Sheet

Concept 2023 Q3 2023 Q2 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.036B $2.105B $1.879B
YoY Change 2.98% -5.44% -12.77%
Cash & Equivalents $2.036B $2.105B $1.879B
Short-Term Investments
Other Short-Term Assets $1.104B $1.151B $1.038B
YoY Change 12.88% 16.03% 8.24%
Inventory $3.336B $3.241B $3.133B
Prepaid Expenses
Receivables $5.124B $4.946B $5.195B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $11.60B $11.44B $11.25B
YoY Change 11.42% 11.51% 15.73%
LONG-TERM ASSETS
Property, Plant & Equipment $4.733B $5.537B $4.399B
YoY Change 12.61% 32.94% 3.02%
Goodwill $2.850B $2.840B $2.829B
YoY Change 0.78% 0.42% -0.74%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.710B $4.253B $1.632B
YoY Change 10.97% 166.98% 3.29%
Total Long-Term Assets $12.84B $12.63B $12.37B
YoY Change 5.68% 3.67% 0.15%
TOTAL ASSETS
Total Short-Term Assets $11.60B $11.44B $11.25B
Total Long-Term Assets $12.84B $12.63B $12.37B
Total Assets $24.44B $24.07B $23.62B
YoY Change 8.33% 7.25% 7.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.238B $3.188B $3.180B
YoY Change 5.68% 14.1% 24.17%
Accrued Expenses $1.223B $1.170B $701.0M
YoY Change 60.5% 8.64% -25.27%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.419B $5.346B $5.266B
YoY Change 9.08% 12.17% 18.5%
LONG-TERM LIABILITIES
Long-Term Debt $7.783B $7.931B $7.929B
YoY Change -1.82% -6.97% -7.05%
Other Long-Term Liabilities $790.0M $2.069B $790.0M
YoY Change 5.76% 174.4% -0.13%
Total Long-Term Liabilities $790.0M $10.00B $790.0M
YoY Change 5.76% 1226.26% -0.13%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.419B $5.346B $5.266B
Total Long-Term Liabilities $790.0M $10.00B $790.0M
Total Liabilities $15.25B $15.38B $15.17B
YoY Change 2.25% 0.54% 0.89%
SHAREHOLDERS EQUITY
Retained Earnings $12.02B $11.46B $11.08B
YoY Change 19.89% 19.15% 13.24%
Common Stock $2.689B $2.663B $2.664B
YoY Change -0.26% -0.08% -0.04%
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.330B $5.201B $5.095B
YoY Change 8.38% 4.58% -2.95%
Treasury Stock Shares 167.0M shares 163.0M shares
Shareholders Equity $9.150B $8.693B $8.415B
YoY Change
Total Liabilities & Shareholders Equity $24.44B $24.07B $23.62B
YoY Change 8.33% 7.25% 7.0%

Cashflow Statement

Concept 2023 Q3 2023 Q2 2023 Q1
OPERATING ACTIVITIES
Net Income $716.0M $610.0M $651.0M
YoY Change 31.62% 459.63% 147.53%
Depreciation, Depletion And Amortization $256.0M $245.0M $241.0M
YoY Change 9.4% 2.94% 3.88%
Cash From Operating Activities $874.0M $1.052B $122.0M
YoY Change 16.07% 179.79% -344.0%
INVESTING ACTIVITIES
Capital Expenditures $409.0M $303.0M $268.0M
YoY Change -262.95% -237.1% -241.8%
Acquisitions
YoY Change
Other Investing Activities -$19.00M -$98.00M $68.00M
YoY Change -190.48% -450.0% 209.09%
Cash From Investing Activities -$428.0M -$401.0M -$295.0M
YoY Change 86.09% 107.77% 90.32%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $0.00
YoY Change -100.0%
Cash From Financing Activities -483.0M -395.0M -$249.0M
YoY Change -32.16% 426.67% -62.72%
NET CHANGE
Cash From Operating Activities 874.0M 1.052B $122.0M
Cash From Investing Activities -428.0M -401.0M -$295.0M
Cash From Financing Activities -483.0M -395.0M -$249.0M
Net Change In Cash -37.00M 256.0M -$467.0M
YoY Change -80.42% 137.04% -47.53%
FREE CASH FLOW
Cash From Operating Activities $874.0M $1.052B $122.0M
Capital Expenditures $409.0M $303.0M $268.0M
Free Cash Flow $465.0M $749.0M -$146.0M
YoY Change -53.69% 25.46% -205.04%

Facts In Submission

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