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 24.0x (in line with broad market averages) and a P/S of 1.1x. The price-to-book ratio of 2.8x 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.
Quarterly standardized metrics.
Stock price and market valuation
Revenue and earnings growth across quarters
Assets, cash, debt, and leverage
Price multiples and return ratios
Operating efficiency and return metrics
Free cash flow, earnings quality, and capital allocation