Huntington Ingalls Industries, Inc.

Ship & Boat Building & Repairing

HIIStrained9 of 11 basics passed

$264.80

-0.08%

Market cap $10.4B

$264.80

-0.08%

Market cap $10.4B

Huntington Ingalls Industries is the largest independent military shipbuilder in the US, spun out from Northrop Grumman in 2011.

It is a $10.4B industrial company. Revenue grew 14.0% over the last year, it keeps 5¢ of every dollar of sales as profit, and it carries $1.93B of net debt. It trades at 15.8× earnings — around the middle of its own history.

Website: huntingtoningalls.com
Location: Newport News, VA
Employees: 45 000
Sector: Industrials

Share price · 3 years

$219.34 → $264.80+20.7%

price only — dividends excluded

Key facts · TTM

Revenue: total sales; $13.2B
Profit: keeps 5¢ of every $1 sold; $661M
Free cash flow: cash left after running the business; -$85.0M
Net debt: debt minus cash on hand; $1.93B
P/E: years of profit in the price; 15.8
EPS: earnings per share, TTM; $16.82
Dividend: pays out 33% of profit; 2.07%
Shares: down 17% since 2016 — buybacks; 39.3M
Volatility: beta vs the market — under 1 swings less; 0.17

Revenue, last 10 years

52-week range

Low $257.05$264.80High $453.73

Today's price is 4% of the way from the year's low to its high.

P/E vs its history5y

15.8×median 15.9×

Higher than 48% of past days — around the middle of its own history.

Valuation vs own history

P/E

15.8×

53%

P/S

0.8×

76%

EV/EBITDA

17.2×

70%

P/B

2.0×

87%

FCF yield

7.3%

84%

Share of the last ~5 years that was pricier than today (cheaper than usual). Based on the daily valuation record.

Standing in Industrials

Size$10.4Btop 81%
Revenue growth+5%top 39%
Net margin5%top 80%
Return on equity13%top 73%
P/E15.8×top 17%
Dividend yield2.07%top 20%

Ranked against 130 Industrials companies with a full CV — for P/E, lower ranks higher.

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Strong quality; Growth, Profitability and Health lag behind.

Valuation57

P/E vs own history48th pct · 12/25
FCF yield-0.8% · 0/25
P/S0.8x · 25/25
EV/EBITDA14.2x · 20/25

Growth38

Revenue CAGR7.0% · 12/25
Net income CAGR2.7% · 6/25
EPS CAGR ~5Y-2.1% · 0/25
Fwd implied growth18.5% · 20/25

Profitability42

ROIC9.8% · 12/25
ROE12.9% · 12/25
Net margin5.0% · 13/25
Operating margin5.3% · 5/25

Health49

Altman Zn/a · 0/25
Current ratio1.23 · 12/25
Interest coverage14.2x · 25/25
Net cash / debtD/A 15% · 12/25

Quality75

Piotroski F9/9 · 25/25
Beneish M-2.58 · 25/25
FCF conversion-13% · 0/25
Margin stabilityσ 2.6% · 25/25

Moat50

ROIC >12% years5/10 yrs · 13/25
Median gross margin14.4% · 0/25
FCF-positive years10/10 yrs · 25/25
Worst-year net marginworst 4.8% · 12/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

FY2022Financial
Revenue crossed $10B
$10.7B for the year
FY2018Financial
Best year on record
$836M net income
FY2016Financial
Profitable every year on record
10 consecutive profitable years in our data
FY2016Financial
Revenue already above $1B
$7.07B in first reported year
FY2016Financial
Positive free cash flow every year since
10-year streak
2011Milestone
When it spun off as a new company on 31 March 2011, Huntington Ingalls Industries comprised Northrop Grumman’s…

Achievements

Verifiable track record, straight from the reported numbers.

$10 000 invested in 2021 would be worth ~$13 391 today — price return only

$12.5B revenue in FY2025

Revenue up 14.0% year over year

Profitable 10 years in a row

Positive free cash flow 10 years in a row

45 000 employees

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

Revenue growing 14.0% year over year
Interest covered 14.2× by operating earnings
Piotroski F-Score 9/9 — fundamentally strong checklist

Watch-outs

Negative free cash flow (-$85.0M)

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

9 of 11 checks passed

Revenue growing — the company sells more than a year ago+14.0% YoY
Profitable — makes more than it spends$661M TTM
Profit growing — earnings are higher than last year+2.1% YoY
Generates cash — cash left after running and investing-$85.0M TTM
Debt under control — could handle its obligationscurrent ratio 1.23
Established company — not a micro-cap — lower blow-up risk$10.4B market cap
Not printing shares — share count not ballooning — you keep your slice-3.2% shares over ~5y
Proven track record — years of profitability behind it10/10 profitable years
Financially stable — balance sheet not near distresshealth score 30/100
Pays a dividend — returns cash to shareholdersyield 2.07%
Valuation not extreme — price not wildly above earningsP/E 15.8

Peer comparisonHuntington Ingalls Industries, Inc. vs 6 largest industrials peers — cap, P/E, growth and margin side by sideOpen ▾

Company	Market cap	P/E	Revenue growth	Net margin	Profile
HII this company	$10.4B	15.8	+14.0%	5.0%	Strained
LRCX Lam Research Corp	$399.2B	54.9	+26.0%	31.3%	Strong
CAT Caterpillar Inc.	$368.0B	33.9	+18.4%	14.5%	Solid
RTX RTX Corporation	$251.3B	32.4	+11.8%	8.3%	Strained
DE Deere & Company	$167.7B	34.4	+8.3%	10.2%	Solid
ETN Eaton Corporation, plc	$167.2B	43.6	+15.5%	12.8%	Mixed
UNP Union Pacific Corp.	$166.8B	22.6	+4.2%	28.8%	Strained

Head-to-head: HII vs LRCX · HII vs CAT · HII vs RTX

References

What covering analysts publish about the company — information only, not a recommendation.

Strong buy 3Buy 7Hold 7

Appendix · Financial records

The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.

Profit & lossRevenue $13.2B · net income $661M (TTM)Open ▾

Profit & loss

Revenue and profit over the company's career — the income statement, visualised.

How FY2025 revenue flows to profit

RevenueNet income

Revenue (TTM)

$13.2B

YoY 14.0%

Net income (TTM)

$661M

Margin 5.0%

Gross margin

12.4%

Operating margin

5.3%

P/E ratio

15.8

Dividend yield

2.07%

Income statement — full detail

Figures in USD billions · EPS in USD

	2020	2021	2022	2023	2024	2025
Revenue	9.4	9.5	10.7	11.5	11.5	12.5
Gross profit	—	1.4	1.4	1.6	1.4	1.6
Operating income (EBIT)	0.8	0.5	0.6	0.8	0.5	0.7
Net income	0.7	0.5	0.6	0.7	0.6	0.6
EPS (diluted)	17.14	13.50	14.44	17.07	13.96	15.39

Cash flowFree cash flow -$85.0M · operating cash flow $347M (TTM)Open ▾

Cash flow statement

Cash generated by the business and what is left after investment — year by year.

Operating cash flowFree cash flow

Free cash flow (TTM)

-$85.0M

Margin -0.6%

Operating cash flow (TTM)

$347M

FCF margin

-0.6%

Cash flow statement — full detail

Figures in USD billions

	2020	2021	2022	2023	2024	2025
Operating cash flow	1.1	0.8	0.8	1.0	0.4	1.2
Capital expenditure	-0.4	-0.3	-0.3	-0.3	-0.4	-0.4
Free cash flow	0.7	0.4	0.5	0.7	0.0	0.8
FCF margin	7.9%	4.5%	4.5%	5.9%	0.2%	6.4%

Balance sheetAssets $12.7B · net debt $1.93B (FY2025)Open ▾

Balance sheet

How the balance sheet is built — what it owns versus how it is financed.

How $12.7B of assets is financed

60%

40%

Liabilities $7.68B — borrowed moneyEquity $5.07B — owners' stake

Cash vs debt

Total debt $2.70B − cash $774M = net debt $1.93B

Cash on hand covers 29% of debt.

Debt repayment

0.0 yrs

Years of free cash flow to clear net debt

Interest coverage

14.2x

EBIT ÷ interest expense

ROE

12.9%

Profit per $1 of equity

Balance sheet — full detail

Figures in USD billions

	2020	2021	2022	2023	2024	2025
Cash & equivalents	0.5	0.6	0.5	0.4	0.8	0.8
Total assets	8.2	10.6	10.9	11.2	12.1	12.7
Total liabilities	6.3	7.8	7.4	7.1	7.5	7.7
Total debt	1.7	3.3	2.5	2.2	3.2	2.7
Equity	1.9	2.8	3.5	4.1	4.7	5.1
Net debt	1.2	2.7	2.0	1.8	2.4	1.9

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of HII on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $264.80 · market cap $10.4B.