| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $11.54B | $11.45B | $10.68B | $9.52B | $9.36B | $8.90B | $8.18B | $7.44B |
| Cost of Revenue | $10.09B | $9.81B | $9.24B | $8.16B | $7.69B | $7.37B | $6.38B | $6.02B |
| Gross Profit | $1.45B | $1.65B | $1.44B | $1.37B | $1.67B | $1.53B | $1.79B | $1.42B |
| Gross Margin | 12.57% | 14.37% | 13.49% | 14.36% | 17.84% | 17.20% | 21.91% | 19.12% |
| Operating Expenses | $915.00M | $1.02B | $924.00M | $882.00M | $904.00M | $788.00M | $871.00M | $554.00M |
| Operating Income | $535.00M | $624.00M | $516.00M | $486.00M | $766.00M | $743.00M | $920.00M | $869.00M |
| Operating Margin | 4.64% | 5.45% | 4.83% | 5.10% | 8.18% | 8.35% | 11.25% | 11.68% |
| Net Income | $550.00M | $681.00M | $579.00M | $544.00M | $696.00M | $549.00M | $836.00M | $479.00M |
| Net Margin | 4.77% | 5.95% | 5.42% | 5.71% | 7.44% | 6.17% | 10.23% | 6.44% |
| EPS (Basic) | $13.96 | $17.07 | $14.44 | $13.50 | $17.14 | $13.26 | $19.09 | $10.48 |
| EBITDA | $1.06B | $1.29B | $1.18B | $1.00B | $1.15B | $980.00M | $1.23B | $1.05B |
| Stock Option Compensation Expense | $23.00M | $34.00M | $36.00M | $33.00M | $23.00M | $30.00M | $36.00M | $34.00M |
| Price To Earnings Ratio | 13.54 | 15.21 | 15.98 | 13.83 | 9.94 | 18.92 | 9.97 | 22.49 |
| Price To Sales Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Shares Outstanding | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Market Capitalization | $7.45B | $10.36B | $9.25B | $7.53B | $6.92B | $10.39B | $8.34B | $10.77B |
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Short Term Receivables | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Inventories | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Property, Plant & Equipment | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Investments and Advances | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Note Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Intangible Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Deferred Tax Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Assets | $12.14B | $11.21B | $10.86B | $10.63B | $8.16B | $7.03B | $6.38B | $6.37B |
| Short Term Debt Incl. Current Port. of LT Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Provision for Risks Charges | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Deferred Tax Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $7.47B | $7.12B | $7.37B | $7.82B | $6.26B | $5.44B | $4.87B | $4.62B |
| Non-Equity Reserves | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Preferred Stock - Carrying Value | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Common Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Shareholders Equity | $4.67B | $4.09B | $3.49B | $2.81B | $1.90B | $1.59B | $1.52B | $1.76B |
| Accumulated Minority Interest | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $4.67B | $4.09B | $3.49B | $2.81B | $1.90B | $1.59B | $1.52B | $1.76B |
| Total Liabilities & Stockholders Equity | $12.14B | $11.21B | $10.86B | $10.63B | $8.16B | $7.03B | $6.38B | $6.37B |
| Book Value Per Share | $118.43 | $102.58 | $87.01 | $69.68 | $46.82 | $38.36 | $34.61 | $38.47 |
| Tangible Book Value Per Share | $32.13 | $14.64 | $-3.69 | $-24.29 | $-5.62 | $-6.69 | $-5.46 | $0.72 |
| Full-Time Employees | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price to Book Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | 4.53% | 6.07% | 5.33% | 5.12% | 8.53% | 7.81% | 13.10% | 7.51% |
| Return on Equity | 11.79% | 16.64% | 16.60% | 19.37% | 36.61% | 34.57% | 55.15% | 27.25% |
| Return on Invested Capital | 4.74% | 5.92% | 4.97% | 5.18% | 11.10% | 11.62% | 17.39% | 10.82% |
| Quick Ratio | 1.01 | 0.89 | 0.89 | 1.08 | 1.04 | 0.87 | 0.88 | 1.45 |
| Current Ratio | 1.08 | 0.95 | 0.95 | 1.15 | 1.10 | 0.94 | 0.95 | 1.58 |
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|
| Net Income | $550.00M | $681.00M | $579.00M | $544.00M | $696.00M | $549.00M | $836.00M | $479.00M |
| Depreciation | $326.00M | $347.00M | $358.00M | $293.00M | $247.00M | $227.00M | $203.00M | $205.00M |
| Other Funds (Non Cash) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Funds from Operations | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Extraordinary Item | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Changes in Working Capital | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Taxes Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Operating Activities | $393.00M | $970.00M | $766.00M | $760.00M | $1.09B | $896.00M | $914.00M | $814.00M |
| Capital Expenditures | $367.00M | $292.00M | $284.00M | $331.00M | $353.00M | $530.00M | $463.00M | $382.00M |
| Net Assets From Acquisitions | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Sale of Fixed Assets and Businesses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Purchase or Sale of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Purchase of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Sale Or Maturity of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Uses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Sources | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Investing Activities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash Dividends Paid | $206.00M | $200.00M | $192.00M | $186.00M | $172.00M | $149.00M | $132.00M | $115.00M |
| Change in Capital Stock | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Repurchase of Common Pref Stock | $162.00M | $75.00M | $52.00M | $101.00M | $84.00M | $262.00M | $742.00M | $286.00M |
| Sale of Common Pref Stock | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Proceeds from Stock Options | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Issuance or Reduction of Debt, Net | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Change in Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Issuance of Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Reduction of Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Financing Active Other Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Financing Activities Uses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Financing Activities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Exchange Rate Effect | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Change in Cash | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | $26.00M | $678.00M | $482.00M | $429.00M | $740.00M | $366.00M | $451.00M | $432.00M |
| Preferred Dividends (Cash Flow) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price to Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Company coverage
Huntington Ingalls Industries, Inc. (HII) stands as a prominent American enterprise specializing in the comprehensive lifecycle management of military vessels, encompassing their design, construction, modernization, and maintenance. The company's diverse operations are segmented into three core divisions: Ingalls Shipbuilding, Newport News Shipbuilding, and Technical Solutions. HII is a primary builder of non-nuclear ships, delivering amphibious assault ships, expeditionary warfare vessels, surface combatants, and national security cutters to both the U.S. Navy and U.S. Coast Guard. Furthermore, it plays a critical role in providing nuclear-powered ships, including aircraft carriers and submarines, along with essential associated services such as refueling, extensive overhauls, and inactivation procedures. Beyond direct shipbuilding, Huntington Ingalls Industries offers specialized naval nuclear support services, covering the full spectrum from design and construction to maintenance and disposal for active U.S. Navy nuclear fleets, in addition to maintaining nuclear reactor prototypes. Its broader technical and support portfolio includes life-cycle sustainment services for the U.S. Navy fleet and other maritime clients; sophisticated information technology and mission-specific solutions for defense, intelligence, and federal civilian agencies; nuclear facility management, operational support, and environmental remediation services for various government bodies and private sector entities; comprehensive defense and federal solutions; and the development of cutting-edge unmanned systems. Established in 1886, Huntington Ingalls Industries, Inc. is headquartered in Newport News, Virginia.
Why it moved over time
HII's Q2 beat (EPS $5.27 vs. $3.80 est.) and revenue growth, plus new Virginia- and Columbia-class submarine contracts lifting backlog to about $57.3B, underpin improved near‑term profitability and multi‑year revenue visibility.
Key fact: Q2 EPS $5.27 vs. $3.80 estimate; backlog increased to ~$57.3B after new Virginia- and Columbia-class submarine contracts.
seekingalpha.com: Huntington Ingalls Industries, Inc. (HII) Q2 2026 Earnings Call TranscriptHII was awarded approximately $76.6 billion in U.S. Navy contract modifications for Block VI Virginia‑class and Build II Columbia‑class submarines, sharply increasing near‑term backlog and revenue visibility for its Newport News shipbuilding operations.
Key fact: Contract modifications total about $76.6 billion, covering five additional Columbia‑class and nine additional Virginia‑class submarines plus shipyard infrastructure funding.
GlobeNewswire Inc.: HII is Awarded Contracts for Construction of Block VI Virginia-class and Build II Columbia-class Submarines