FirmAtlas
Company handbook · HII · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-17
HII · CIK 1501585 · LATEST FILING: 10-Q JUN '26 · FILED JUL 30, 2026
HUNTINGTON INGALLS INDUSTRIES, INC.
$272.00
+4.78 (+1.79%)
Close, Oct 16, 2026 · 52-week $255–460
Last fiscal year
HUNTINGTON INGALLS INDUSTRIES, INC. reported revenue of $12.5B for the year ended Dec 31, 2025 (FY25), up 8.2% from FY24. Net income was $605M, operating cash flow $1.2B and free cash flow $794M. Source: 10-K filed Feb 5, 2026.
Market cap
$10.7B
P/E
16.1
EV/EBITDA
12.8x
P/B
2.0
Div yield
2.03%
ROIC
7.6%
Revenue 1Y
8.2%/yr
EPS 1Y
10.2%/yr
Shares 1Y
+0.3%
Loading chart…
Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
CEOChristopher D. Kastner
HQNewport News, VA
AuditorDeloitte & Touche LLP
Employees44,000
Year endsDecember
Revenue by segment · FY25
Newport News Shipbuilding52%
Ingalls24%
Technical Solutions24%
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
5.7%
5.3%
6.5%
−3.8%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Where the cash went · FY24–FY25
$1.5B deployed
Capex
$769M
51.9%
Acquisitions
$132M
8.9%
Dividends
$419M
28.3%
Buybacks
$162M
10.9%
Operating cash flow over the period: $1.6B. Total debt changed by $0M. R&D of $53M is already inside operating costs.
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
Upgrade to see 10 years
Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier
TTM = the last four quarters, to Jun '26. Balance-sheet rows show that latest quarter. “—” where the quarters do not add up to the annual figures. No TTM for cash: our quarterly rows do not hold short-term investments yet, and annual cash includes them.
Income
Revenue
11,535
12,484+8.2%
13,185
YoY
+8.2%
Operating income
535
657+22.8%
698
Operating margin
4.6%
5.3%+0.6 pp
—
EBITDA
861
986+14.5%
—
EBITDA margin
7.5%
7.9%+0.4 pp
—
Interest expense
95
105+10.5%
—
Interest coverage
9.06x
9.39x+0.33x
—
Net income
550
605+10.0%
661
YoY
+10.0%
Net margin
4.8%
4.8%+0.1 pp
—
EPS (diluted, $)
13.96
15.39+10.2%
16.79
YoY
+10.2%
Balance sheet
Total assets
12,141
12,749+5.0%
12,682
Cash & short-term investments
831
774−6.9%
—
Accounts receivable
212
339+59.9%
—
Net PP&E
3,450
3,726+8.0%
—
Other assets
7,648
7,910+3.4%
—
Total liabilities
7,475
7,676+2.7%
7,370
Accounts payable
598
556−7.0%
—
Total debt
2,700
2,700+0.0%
2,702
Other liabilities
4,177
4,420+5.8%
—
Shareholders’ equity
4,666
5,073+8.7%
5,312
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Cash flow statement · as filed
Cash from operations
393
1,196+204.3%
347
Net income
550
605+10.0%
—
Depreciation & amortization
326
329+0.9%
—
Stock-based compensation
23
54+134.8%
—
Working capital & other
(506)
208n/m
—
Cash from investing
(348)
(521)n/m
—
Capex
(367)
(402)n/m
—
Acquisitions
—
(132)
—
Other investing
19
13−31.6%
—
Cash from financing
356
(732)−305.6%
—
Debt raised
1,000
—
—
Debt repaid
(229)
(500)n/m
—
Dividends
(206)
(213)n/m
—
Buybacks
(162)
—
—
Other financing
(47)
(19)n/m
—
Net change in cash
401
(57)−114.2%
—
Free cash flow (OCF − capex)
26
794+2953.8%
(88)
Where the cash went
Operating cash flow
393
1,196+204.3%
347
Reinvested in the business
367
534+45.5%
—
% of operating cash flow
93.4%
44.6%
Capex
367
402+9.5%
435
Acquisitions
—
132
—
R&D (memo, already in costs)
27
26−3.7%
—
Free cash flow
26
794+2953.8%
(88)
YoY
+2953.8%
Returned to shareholders
368
213−42.1%
—
% of free cash flow
1415.4%
26.8%
Dividends
206
213+3.4%
—
Buybacks
162
—
—
Change in total debt
—
0
—
Cash left over
—
449
—
FCF conversion (FCF ÷ net income)
4.7%
131.2%+126.5 pp
—
Owner earnings
—
363
—
Owner earnings margin
—
2.9%
—
Buyback yield
2.2%
—
—
Returns & ratios
ROIC (all capital)
7.0%
7.6%+0.6 pp
—
ROIC (operating)
14.9%
15.6%+0.6 pp
—
Net debt / EBITDA
2.17x
1.95x−0.22x
—
Debt / equity
0.58x
0.53x−0.05x
—
Cash conversion cycle (days)
−12
−6+6 d
—
ROE
11.8%
11.9%+0.1 pp
—
ROA
4.5%
4.7%+0.2 pp
—
ROCE
5.8%
6.8%+0.9 pp
—
NOPAT
458
512+11.8%
—
Invested capital (operating)
3,064
3,509+14.5%
—
Invested capital (all)
6,535
6,999+7.1%
—
Reinvestment rate
—
87.0%
—
Debtor days
7
10+3 d
—
Days payable
19
16−3 d
—
Income
Sep '25
Dec '25
Mar '26
Jun '26
Revenue
3,192
3,476
3,099
3,418
vs year-ago quarter
Operating income
161
172
155
210
Net income
145
159
149
208
vs year-ago quarter
Net margin
4.5%
4.6%
4.8%
6.1%
EPS (diluted, $)
3.68
4.05
3.79
5.27
vs year-ago quarter
Balance sheet
Sep '25
Dec '25
Mar '26
Jun '26
Total assets
12,309
12,749
12,533
12,682
Cash & equivalents
312
774
216
12
Total debt
2,698
2,700
2,701
2,702
Shareholders’ equity
4,984
5,073
5,147
5,312
Cash flow
Sep '25
Dec '25
Mar '26
Jun '26
Operating cash flow
118
650
(390)
(31)
Capex
102
140
74
119
Free cash flow
16
510
(464)
(150)
vs year-ago quarter