On Jan. 26, Halliburton Company (NYSE:HAL) released fourth-quarter earnings for the period ended Dec. 31, 2006.

  • Revenues increased by 8%, thanks in part to sales growth of 23% from the Energy Services Group.
  • Taking into account a $540 million gain related to a deferred tax reduction in the prior year's fourth quarter, earnings per share on an operating basis grew 20%.
  • The company repurchased 8.6 million shares at an average price of $32.69 per share in the fourth quarter.
  • Fools at Motley Fool CAPS rate Halliburton a three-star stock.

(Figures in millions, except per-share data)

Income Statement Highlights

Q4 2006

Q4 2005

Change

Sales

$6,016

$5,572

8.0%

Net Profit

$667

$1,092

(38.9%)

EPS

$0.64

$1.04

(38.5%)

Diluted Shares

1,030

1,058

(2.6%)



Get back to basics with a look at the income statement.

Margin Checkup

Q4 2006

Q4 2005

Change*

Gross Margin

No Data

No Data

No Data

Operating Margin

17.3%

13.8%

3.6

Net Margin

11.1%

19.6%

(8.5)

*Expressed in percentage points.

Margins are the earnings engine. See how they work.

Balance Sheet Highlights

Assets

Q4 2006

Q4 2005

Change

Cash + ST Invest.

$4,379

$2,391

83.1%

Accounts Rec.

$4,674

$4,801

(2.6%)

Inventory

$1,261

$953

32.3%


Liabilities

Q4 2006

Q4 2005

Change

Accounts Payable

$1,931

$1,967

(1.8%)

Long-Term Debt

$2,786

$2,813

(1.0%)



Learn the ways of the balance sheet.

Related Companies:

  • Smith International (NYSE:SII)
  • Weatherford International (NYSE:WFT)
  • Baker Hughes (NYSE:BHI)
  • Schlumberger (NYSE:SLB)

Related Foolishness:

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