Huntington Ingalls Industries, Inc.HII
NYSE•Industrials•Aerospace & Defense
Huntington Ingalls Industries, Inc. designs, builds, overhauls, and repairs military ships in the United States. It operates through three segments: Ingalls, Newport News, and Mission Technologies. The company is involved in the design and construction of non-nuclear ships comprising amphibious assault ships, surface combatants, and national security cutters for the U.S. Navy and U.S. Coast Guard. It also provides nuclear-powered ships, such as aircraft carriers and submarines, as well as refueling and overhaul, and inactivation services of nuclear-powered aircraft carriers. In addition, the company offers naval nuclear support services, including fleet services comprising design, construction, maintenance, and disposal activities for in-service the U.S. Navy nuclear ships; and maintenance services on nuclear reactor prototypes. Further, the company provides C5ISR systems and operations; application of artificial intelligence and machine learning to battlefield decisions; defensive and offensive cyberspace strategies and electronic warfare; uncrewed autonomous systems; live, virtual, and constructive solutions; platform modernization; and critical nuclear operations. Huntington Ingalls Industries, Inc. was founded in 1886 and is headquartered in Newport News, Virginia.
Huntington Ingalls Industries, (HII) reported trailing twelve months revenue of $12.85B as of March 2026, a 12.1% increase year-over-year. Quarterly revenue reached $3.10B, reflecting continued top-line momentum.
Huntington Ingalls Industries, generated $605.00M in TTM net income, with quarterly EBITDA of $231.00M. The operating margin contracted from 5.9% to 5.0%, suggesting rising cost pressures or pricing headwinds.
The spread between operating margin (5.0%) and net margin (4.8%) indicates tight cost control with minimal non-operating drag. Net margin has narrowed from 5.4% a year ago, reflecting increased costs or interest expense.
HII trades at a P/E of 19.3x (in line with broad market averages) and a P/S of 0.9x. The price-to-book ratio of 2.3x reflects a moderate premium to book value.
The company reported negative free cash flow of $-464.00M, indicating cash consumption over the period. The balance sheet shows $12.53B in total assets with $2.70B in long-term debt against $5.15B in stockholders equity for a debt-to-equity ratio of 0.5. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are positive at ~4.9% on average, but show some variability — pricing power may be sensitive to market conditions.
ROE is positive at ~13.0% on average, adequate but below the threshold typically associated with wide moats.
5 of the last 8 quarters generated positive FCF. The company generally funds itself but has occasional cash consumption quarters.
Revenue shows resilience with 4 of 7 quarters posting growth — demand is generally stable but has seen some soft patches.
Data-driven red flags and warnings across 21 quarters
Margins are stable or improving at ~5.1% — no sign of cost or pricing stress.
FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.
D/E ratio is 0.5 — conservative capital structure with low financial risk.
Revenue is stable or growing over recent quarters — demand appears durable.
FCF turned negative in 3 of the last 8 quarters — occasional cash consumption.
Share count is stable — no significant dilution or buyback activity.