HIINYSEShip & Boat Building & RepairingFiscal year ends December 31
HUNTINGTON INGALLS INDUSTRIES, INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$269.64−2.36 (-0.87%)
Close on Oct 19, 2026
- Market cap
- $10.65B
- P/E (TTM)
- 16.1
- Dividend yield
- 2.01%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
–
Operating margin
5.3%−3.3 pts over 5 years
Net margin
4.8%−2.6 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +8.2% | +5.4% | +5.9% | +5.9% | |
| Operating income | +22.8% | +5.2% | -3.8% | -1.6% | |
| Net income | +10.0% | +1.5% | -2.8% | +4.1% | |
| EPS, diluted | +10.2% | +2.1% | -2.1% | +6.3% | |
| Free cash flow | +2953.8% | +18.1% | +1.4% | +1.7% | |
| Dividend per share | +3.4% | +4.3% | +5.1% | +12.3% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 36.5% | 39.9% | 12.4% | |
| Return on assets | 9.3% | 9.2% | 4.9% | |
| Current ratio | 1.59 | 1.10 | 1.13 | |
| Debt to equity | 0.77 | 0.89 | 0.53 | |
| Net debt to EBITDA | 0.53× | 1.12× | 1.95× | |
| Interest coverage | 11.8× | 7.0× | 6.3× | |
| Capex to revenue | 4.0% | 3.8% | 3.2% | |
| Diluted shares | 47M | 41M | 39M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Huntington Ingalls Industries generated $4.09B from operations and spent $3.06B on capital expenditure, dividends and share buybacks. 55% of that went back into the business.
Generated
$4.09B
Used
$3.06B
Capital expenditure$1.68B55%Dividends$997.00M33%Share buybacks$390.00M13%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin4.8%
×Asset turnover1.00×
×Equity multiplier2.56×
=Return on equity, FY202512.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 4.8% | 1.00× | 2.56× | 12.4% |
| FY2024 | 4.8% | 0.99× | 2.67× | 12.6% |
| FY2023 | 5.9% | 1.04× | 2.91× | 18.0% |
| FY2022 | 5.4% | 0.99× | 3.41× | 18.4% |
| FY2021 | 5.7% | 1.01× | 3.99× | 23.1% |
| FY2020 | 7.4% | 1.23× | 4.35× | 39.9% |
| FY2019 | 6.2% | 1.33× | 4.32× | 35.4% |
| FY2018 | 10.2% | 1.28× | 3.90× | 51.1% |
| FY2017 | 6.4% | 1.17× | 3.73× | 28.1% |
| FY2016 | 8.1% | 1.14× | 3.94× | 36.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
7of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$605.00M
- Cash generatingOperating cash flow above zero$1.20B
- Return on assets improvedROA up on the prior year4.9% → 5.0%
- Earnings backed by cashOperating cash flow above net income$1.20B vs $605.00M
- Less leverageLong-term debt to assets fell22.2% → 21.2%
- Better liquidityCurrent ratio rose1.08 → 1.13
- No dilutionShare count did not rise39M → 39M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose1.03 → 1.03