profit from every €100 of sales.
€0€100
HAL
€175.60+0.57% today
+25.4% since Dec 23, 25
1-year low €140.001-year high €178.20
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay €9.93 for every €1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What HAL sold, what it kept, and what it did with the cash.
Sales went from €10.0 billion in 2022 to €12.8 billion in 2025, with €1.60 billion of profit last year.
SalesProfit
HAL handed back 18% of the cash it generated last year.
€262M
Free cash flow 2025€1.5B
Bought back its own shares–
Paid as dividends€262M
Cash vs. debt€4.3B vs. €4.8B
HAL vs. similar companies
HAL grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from €100 of sales | Sales growth a year | Price per €1 of profit |
|---|---|---|---|
| HAL | 9.9× · Cheap | ||
 BlackRock | 34.0× · Expensive | ||
 Blackstone | 49.1× · Expensive | ||
 Investor | 8.5× · Cheap | ||
 Brookfield | 70.0× · Very expensive |
AI analysis
An AI analyst reads HAL's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 10,015 | 12,623 | 12,510 | 12,807 | |
| 3,403 | 4,709 | 4,792 | 5,285 | |
| -223 | 1,166 | 1,300 | 1,836 | |
| 2,520 | 2,944 | 3,264 | 3,494 | |
| 647 | 1,001 | 1,210 | 1,597 | |
| 7.08 | 11.07 | 13.39 | – | |
| 34.0% | 37.3% | 38.3% | 41.3% | |
| -2.2% | 9.2% | 10.4% | 14.3% | |
| 6.5% | 7.9% | 9.7% | 12.5% |
Balance sheet
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 26,715 | 26,343 | 27,343 | 28,142 |
| Cash | 2,044 | 2,588 | 2,578 | 4,346 |
| Total debt | 6,221 | 4,839 | 4,829 | 4,800 |
| Total liabilities | 11,477 | 10,471 | 10,435 | 10,406 |
| 13,010 | 13,676 | 14,776 | 15,629 | |
| 89 | 90 | 90 | – | |
| 3.4% | 6.5% | 7.4% | 8.8% | |
| 5.0% | 7.3% | 8.2% | 10.2% |
Cash flow
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 1,439 | 2,415 | 2,624 | 2,683 | |
| 934 | 1,214 | 1,401 | 1,192 | |
| 505 | 1,201 | 1,223 | 1,491 | |
| Dividends paid | 247 | 222 | 258 | 262 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 9.9×
- –
- –
- 1.0×
- 1.2×
- 10.6×
- 4.7×
- 9.4%
- 10.1%
- 1.7%
Profitability
- 41.3%
- 14.3%
- 12.5%
- –
- 8.8%
- 6.5%
- –
- –
- –
- –
Growth
- +8.5%
- –
- –
- –
- +1.0%
Financial health
- 0.1×
- 0.31
- –
- 12.8×
- 1.51
- –
- –
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 32%of 688
Bottom 36%of 540
Top 29%of 900
Top 47%of 908
Top 27%of 941
1.7%of the share price, paid each year
On $1,000 invested$17a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
16.4% of its profit
Room to growStretchedMore than it earns: 17.6%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
3/7Passes 3 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
67Pass
Benjamin Graham
83Pass
Philip Fisher
52No pass
Peter Lynch
60Pass
Joel Greenblatt
54No pass
Charlie Munger
47No pass
Terry Smith
43No pass
Questions about HAL
Is HAL a good stock to buy?
A solid business, and the price looks low. 3 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the HAL AI analysis
What does HAL do?
HAL Trust, together with its subsidiaries, operates through multi-sectors in Asia, the Middle East, the Netherlands, the United States, Canada, and internationally. It is in Asset Management, based in Rotterdam, Netherlands, with 34,583 employees.
Does HAL pay a dividend?
Yes. At today's price the dividend is 1.7% a year, about 16% of its yearly profit. In 2025 it paid out €262 million in dividends.
Is HAL stock halal?
Questionable. HAL sits in a grey zone: its debt is 30% of its market value, between 30% and 33%. How we check
Who are HAL's competitors?
The largest listed companies in the same industry are BlackRock, Blackstone, Investor and Brookfield. The peers table on this page compares their profit, growth and price with HAL's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.