
Huntington Ingalls Industries, Inc.
IndustrialsNYSE:HII · New York Stock Exchange
-$3.27 today
Vol 0.26M · Avg 0.52M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$12.8B of revenue converted into $605.0M of net income for the selected period. Gross margin is 12.5% and net margin is 4.7%, showing how much revenue survives after costs and taxes. EPS is $15.37, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $12.5B +8.2% | $11.5B +0.7% | $11.5B +7.3% | $10.7B +12.1% | $9.5B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $10.9B +8.1% | $10.1B +2.8% | $9.8B +6.2% | $9.2B +13.2% | $8.2B | $725.6M | $804.0M | $882.4M |
| Gross Profit | $1.6B +9.3% | $1.4B -11.9% | $1.6B +14.3% | $1.4B +5.3% | $1.4B | $8.9B | $7.6B | $6.2B |
| Gross Margin | 12.7% +0.1pp | 12.6% -1.8pp | 14.4% +0.9pp | 13.5% -0.9pp | 14.4% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 -100.0% | $27.0M | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $977.0M +0.4% | $973.0M -4.8% | $1.0B +10.6% | $924.0M +2.9% | $898.0M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $977.0M +6.8% | $915.0M +5.8% | $865.0M -1.1% | $875.0M +2.3% | $855.0M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $329.0M +0.9% | $326.0M -6.1% | $347.0M -3.1% | $358.0M +22.2% | $293.0M | $374.2M | $1.2B | $631.8M |
| EBITDA | $1.2B +13.8% | $1.1B -17.8% | $1.3B +9.8% | $1.2B +17.4% | $1.0B | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 9.7% +0.5pp | 9.2% -2.1pp | 11.3% +0.3pp | 11.0% +0.5pp | 10.5% | 5.6% | 46.3% | 42.0% |
| Operating Income | $608.0M +13.6% | $535.0M -31.5% | $781.0M +38.2% | $565.0M +10.1% | $513.0M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 4.9% +0.2pp | 4.6% -2.2pp | 6.8% +1.5pp | 5.3% -0.1pp | 5.4% | 16.6% | 24.1% | 22.0% |
| Interest Income | $0 | $0 | $0 | $0 | $0 | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $105.0M +10.5% | $95.0M +0.0% | $95.0M -6.9% | $102.0M +14.6% | $89.0M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | $169.0M +56.5% | $108.0M +50.0% | $72.0M -53.2% | $154.0M +41.3% | $109.0M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $777.0M +20.8% | $643.0M -24.6% | $853.0M +18.6% | $719.0M +15.6% | $622.0M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 6.2% +0.6pp | 5.6% -1.9pp | 7.4% +0.7pp | 6.7% +0.2pp | 6.5% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $172.0M +84.9% | $93.0M -45.9% | $172.0M +22.9% | $140.0M +79.5% | $78.0M | $1.3B | -$1.6B | $745.2M |
| Net Income | $605.0M +10.0% | $550.0M -19.2% | $681.0M +17.6% | $579.0M +6.4% | $544.0M | $4.9B | $4.8B | $4.7B |
| Net Margin | 4.8% +0.1pp | 4.8% -1.2pp | 5.9% +0.5pp | 5.4% -0.3pp | 5.7% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $15 +10.2% | $14 -18.2% | $17 +18.2% | $14 +7.0% | $14 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $15 +10.2% | $14 -18.2% | $17 +18.2% | $14 +7.0% | $14 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $39.3M -0.3% | $39.4M -1.3% | $39.9M -0.5% | $40.1M -0.5% | $40.3M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $39.3M -0.3% | $39.4M -1.3% | $39.9M -0.5% | $40.1M -0.5% | $40.3M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector

WESCO International, Inc.
NYSE:WCC
$16.89B

Textron Inc.
NYSE:TXT
$16.14B

Lincoln Electric Holdings, Inc.
NASDAQ:LECO
$14.15B

Leonardo DRS, Inc.
NASDAQ:DRS
$12.95B

Avery Dennison Corporation
NYSE:AVY
$12.18B
Embraer S.A.
ERJ
$11.85B

TopBuild Corp.
NYSE:BLD
$11.57B

Builders FirstSource, Inc.
NYSE:BLDR
$8.36B

Stantec Inc.
NYSE:STN
$8.24B

Karman Holdings Inc.
NYSE:KRMN
$6.34B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does HII generate?
Huntington Ingalls Industries, Inc. (HII) reported $12.48B of revenue in fiscal 2025.
Is HII profitable?
Huntington Ingalls Industries, Inc. (HII) reported $605.00M of net income, with a net margin of 4.8%.
Explore More
Continue the stock analysis
Jump to another research area for this company.