Return on Assets (ROA)
since 2005
Calculation
Halliburton Co., ROA, long-term trends, calculation
| ROA | = | 100 | × | Net income (loss) attributable to company1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2018 | 6.37% | = | 100 | × | 1,656) | ÷ | 25,982) |
| Dec 31, 2017 | -1.85% | = | 100 | × | (463) | ÷ | 25,085) |
| Dec 31, 2016 | -21.34% | = | 100 | × | (5,763) | ÷ | 27,000) |
| Dec 31, 2015 | -1.82% | = | 100 | × | (671) | ÷ | 36,942) |
| Dec 31, 2014 | 10.86% | = | 100 | × | 3,500) | ÷ | 32,240) |
| Dec 31, 2013 | 7.27% | = | 100 | × | 2,125) | ÷ | 29,223) |
| Dec 31, 2012 | 9.61% | = | 100 | × | 2,635) | ÷ | 27,410) |
| Dec 31, 2011 | 11.99% | = | 100 | × | 2,839) | ÷ | 23,677) |
| Dec 31, 2010 | 10.03% | = | 100 | × | 1,835) | ÷ | 18,297) |
| Dec 31, 2009 | 6.92% | = | 100 | × | 1,145) | ÷ | 16,538) |
| Dec 31, 2008 | 10.69% | = | 100 | × | 1,538) | ÷ | 14,385) |
| Dec 31, 2007 | 26.64% | = | 100 | × | 3,499) | ÷ | 13,135) |
| Dec 31, 2006 | 13.96% | = | 100 | × | 2,348) | ÷ | 16,820) |
| Dec 31, 2005 | 15.71% | = | 100 | × | 2,358) | ÷ | 15,010) |
Based on: 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
The financial data reveals several notable trends and fluctuations over the years analyzed. Net income attributable to the company experienced significant volatility. From 2005 to 2007, net income increased markedly, peaking in 2007 at 3,499 million US dollars. However, a downturn followed in 2008 and 2009, with net income decreasing to 1,538 million and then 1,145 million respectively. Between 2010 and 2014, the net income showed a recovery trend, reaching a high of 3,500 million in 2014. Thereafter, the company faced substantial losses in 2015 and 2016, with net losses recorded at -671 million and -5,763 million. A slight recovery occurred in 2017 and 2018, but net income remained below the peak levels of earlier years.
Total assets exhibited a generally upward trajectory over the period, increasing significantly from 15,010 million US dollars in 2005 to a peak of 36,942 million in 2015. This growth in assets suggests expansion or acquisition activity. Post-2015, however, total assets declined notably, falling to 25,982 million by the end of 2018, indicating possible asset disposals, write-downs, or restructuring efforts.
Return on Assets (ROA) demonstrated a pattern closely aligned with net income trends. It peaked at 26.64% in 2007, reflecting strong profitability relative to assets at that time. Subsequently, ROA declined steadily, hitting negative values in 2015 (-1.82%) and sharply in 2016 (-21.34%), mirroring the net losses recorded. By 2018, ROA showed a partial recovery to 6.37%, though it remained well below earlier peak performance levels.
Overall, the entity experienced periods of robust profitability and asset growth until around 2014-2015, followed by a phase of financial distress evidenced by negative earnings, asset reductions, and diminished returns. The partial recovery noted toward 2018 suggests operational or strategic adjustments aimed at restoring financial stability.
Comparison to Competitors
Halliburton Co., ROA, long-term trends, comparison to competitors
| Halliburton Co. | Schlumberger Ltd. | |
|---|---|---|
| Dec 31, 2018 | 6.37% | 3.03% |
| Dec 31, 2017 | -1.85% | -2.09% |
| Dec 31, 2016 | -21.34% | -2.16% |
| Dec 31, 2015 | -1.82% | 3.05% |
| Dec 31, 2014 | 10.86% | 8.13% |
| Dec 31, 2013 | 7.27% | 10.03% |
| Dec 31, 2012 | 9.61% | 8.92% |
| Dec 31, 2011 | 11.99% | 9.05% |
| Dec 31, 2010 | 10.03% | 8.24% |
| Dec 31, 2009 | 6.92% | 9.37% |
| Dec 31, 2008 | 10.69% | 16.99% |
| Dec 31, 2007 | 26.64% | 18.58% |
| Dec 31, 2006 | 13.96% | 16.25% |
| Dec 31, 2005 | 15.71% | 12.21% |
Based on: 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Energy)
Halliburton Co., ROA, long-term trends, comparison to industry (energy)
| Halliburton Co. | Energy | |
|---|---|---|
| Dec 31, 2018 | 6.37% | 5.95% |
| Dec 31, 2017 | -1.85% | 3.55% |
| Dec 31, 2016 | -21.34% | 0.27% |
| Dec 31, 2015 | -1.82% | 2.39% |
| Dec 31, 2014 | 10.86% | 8.02% |
| Dec 31, 2013 | 7.27% | 8.90% |
| Dec 31, 2012 | 9.61% | 11.40% |
| Dec 31, 2011 | 11.99% | 11.40% |
| Dec 31, 2010 | 10.03% | 9.36% |
| Dec 31, 2009 | 6.92% | 6.46% |
| Dec 31, 2008 | 10.69% | 10.21% |
| Dec 31, 2007 | 26.64% | 12.80% |
| Dec 31, 2006 | 13.96% | 14.07% |
| Dec 31, 2005 | 15.71% | 14.36% |
Based on: 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).