Huntington Ingalls Industries, Inc. (HII)
Industrials · Aerospace & Defense · US stock · S&P 500 component
$278.86
▲ +4.91 (1.79%)
Fair valueFair
$303 +8.6% to fair value
$151fair band $258–$367$454
Day's range
$274.06 – $280.42
52-week range
$255.36 – $460.00
About Huntington Ingalls Industries, Inc.
Huntington Ingalls Industries designs, builds and maintains ships for the United States Navy and Coast Guard, including aircraft carriers, submarines, amphibious assault ships and destroyers. It also provides defence technology, engineering and mission support services to government agencies. The company operates shipyards in Virginia and Mississippi and a technology business named Mission Technologies, and the United States government is its principal customer.
Revenue comes mostly from long-term government contracts, recognised as ships are built and as services are delivered. Over the last twelve months it was $13.2 billion, growing at 5.4% a year across the last three years. The operating margin is 5.3%, and the business earns a profit of 7% on the capital invested in it. It has net debt of 2.6 times EBITDA. A dividend is paid, with a yield of 2.0%. On the site's X-Ray Score it receives 45 out of 100.
Price chart
52-wk range $255.36 – $460.00Volume 726,896Daily, split-adjusted
Vitals
Market cap$11.0B
52-week range$255.36 – $460.00
Volume (last day)726,896
P/E (TTM)16.6
EBIT / EV yield5.1%
Free-cash-flow yield-0.7%
Dividend yield2.0%
Revenue (TTM)$13.2B
Net income (TTM)$661M
Operating margin5.3%
Return on capital6.8%
Debt incl. leases$2.7B
Cash & securities$12M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies that hold large long-term investments). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$303middle half of models $259 – $336
Fair
+8.6% to fair value
Average of the 13 valuation models that pass our checks: multiples, discounted cash flow, dividend discount and earnings power value. A model more than 100% above or 60% below the price is left out as unrealistic. Model uncertainty is Medium, based on how far apart the models are. Undervalued or Overvalued means the gap to fair value is more than 17.5%.
Price $279
Undervalued < $258Fair $258 – $367Overvalued > $367
P/E multiple
$275
P/B multiple
$336
P/S multiple · not used
$660
EV/EBITDA multiple
$321
EV/EBIT multiple
$284
EV/revenue multiple · not used
$682
10-year DCF, EBITDA exit
$320
5-year DCF, EBITDA exit
$329
10-year DCF, revenue exit
$358
5-year DCF, revenue exit
$377
10-year DCF, growth exit
$212
5-year DCF, growth exit
$203
Dividend discount, stable
$240
Dividend discount, multi-stage
$421
Earnings power value
$259
Growth the price implies
15.1%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.13%, equity risk premium 4.30% (Damodaran). How it works.
What this means
Weak business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Industrials peers. Open a lens to see the numbers behind it.
Strong: 70 to 100Fair: 50 to 69Weak: under 50No score: not enough data
Valuation
Fair
52/100
Priced about in line with its sector.
See the numbers →
EBIT / EV yield5.1%
Free-cash-flow yield-0.7%
Fair value vs price1.1×
Growth
Fair
50/100
Growing at a typical pace for its sector.
See the numbers →
Revenue growth (3y)5.4%
EPS growth (3y)2.1%
Growth consistency70%
Profitability
Weak
22/100
Earns lower returns on its capital than most peers.
See the numbers →
Return on invested capital6.8%
Operating margin5.3%
Financial health
Fair
52/100
Balance sheet is in typical shape for its sector.
See the numbers →
Piotroski F-Score9 / 9
Net debt / EBITDA2.6×
Interest cover7.1×
Dividends
Fair
62/100
Dividend is typical for its sector.
See the numbers →
Dividend yield2.0%
Dividend growth3.5%
Quarterly results: last 6 quarters
-2.5%
Mar '25
+3.5%
Jun '25
+16.1%
Sep '25
+15.7%
Dec '25
+13.4%
Mar '26
+10.9%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $3.4B, diluted EPS $5.27.
Compare with peers
GD General Dynamics Corp70 TXT Textron Inc65 LHX L3harris Technologies,...60 TDG TransDigm Group INC57Other Aerospace & Defense companies by X-Ray Score.
SWOT analysis: Huntington Ingalls Industries, Inc.
Strengthsinside the company
- Passes 9 of the 9 Piotroski tests, which points to improving profitability, funding and efficiency.
Weaknessesinside the company
- Return on invested capital of 6.8% is well below the 14.6% median of industry peers.
- Operating margin of 5.3% is thin against 10.7% for industry peers.
- Free cash flow is negative, so spending or debt has to be financed from outside.
Opportunitiesvaluation and setting
- Trades at 16.7x earnings, 46% below the 30.8x median of industry peers.
Threatsvaluation and setting
- No specific threat is flagged by our checks; general market and interest-rate risk still applies.
Written by fixed rules from the figures on this page and the peer table below: filings, our fair value, the sector climate and the price trend. It summarises the data, it is not a forecast or advice.
Compare HII with peers and sector
Medians of 11 Aerospace & Defense peers and of 80 Industrials stocks in our universe.
Largest peers (X-Ray Score): GE 49, RTX 51, BA 35, LMT 55, GD 70, NOC 49.
| Metric | HII | Peers | Sector |
|---|---|---|---|
| X-Ray Score (out of 100) | 45 | 55 | 51 |
| Valuation | 52 | 61 | 44 |
| Growth | 50 | 64 | 51 |
| Profitability | 22 | 45 | 51 |
| Financial health | 52 | 55 | 49 |
| Dividends | 62 | 53 | 53 |
Sector leaders: highest X-Ray Score in Industrials
HII ranks #56 of 81 in Industrials and #10 of 12 in Aerospace & Defense by X-Ray Score. A higher score is stronger on our five pillars; it is a ranking of facts, not a forecast.
Green means better than the peer median, red worse (only where a higher or lower figure is clearly better). A dash means too few companies report the figure. P/E, EV/EBITDA and price changes are not graded: a different level is not good or bad by itself.
Factor ratings for HII
Each factor is rated by where HII stands among the 81 Industrials stocks in our universe.
Rating against the sector
Goodthe top third of these stocks
Averagethe middle third of these stocks
Badthe bottom third of these stocks
"Beats" is the share of those stocks it is ahead of.
Against its own history
The last columns set today's figure against the company's own median of its last five financial years:
▲ Betterbetter than its usual level
▼ Worseworse than its usual level
≈ In linewithin its usual range
For valuation factors Good means cheaper than most of the sector and Better means cheaper than usual for this company, which is not the same as a bargain.
In total: 7 Good · 4 Average · 10 Bad of 21
Growth: 1 · 2 · 0
Profitability: 0 · 0 · 4
Financial strength: 1 · 1 · 2
Valuation: 4 · 0 · 1
Cash flow: 0 · 1 · 3
Efficiency: 1 · 0 · 0
| Factor | HII | Rating | Sector median | Own 5-year median | Against own history |
|---|---|---|---|---|---|
| Growth | |||||
| Revenue growth, 3 years a year | +5.4% | Average beats 47% | +5.6% | – | – |
| Revenue growth, last year | +8.2% | Good beats 73% | +4.5% | +7.3% | ≈ In line |
| EPS growth, 3 years a year | +2.1% | Average beats 39% | +5.7% | – | – |
| Profitability | |||||
| Operating margin | 5.3% | Bad beats 8% | 17.5% | 5.3% | ≈ In line |
| Net margin | 5.0% | Bad beats 14% | 12.8% | 5.4% | ≈ In line |
| Return on invested capital | 6.8% | Bad beats 6% | 14.9% | – | – |
| Return on equity | 12.4% | Bad beats 23% | 23.7% | 16.6% | ▼ Worse |
| Financial strength | |||||
| Net debt / EBITDA | 2.6x | Bad beats 26% | 1.8x | 2.6x | ≈ In line |
| Interest cover | 7.1x | Bad beats 22% | 21.4x | 5.8x | ▲ Better |
| Current ratio | 1.23 | Average beats 46% | 1.25 | 1.08 | ▲ Better |
| Piotroski F-score | 9 / 9 | Good beats 96% | 6 / 9 | – | – |
| Valuation | |||||
| P/E ratio | 16.7x | Good beats 91% | 28.9x | 15.2x | ≈ In line |
| Price / book | 2.1x | Good beats 94% | 6.2x | 2.6x | ▲ Better |
| Price / sales | 0.8x | Good beats 94% | 3.5x | 0.9x | ≈ In line |
| EV / EBITDA | 13.4x | Good beats 82% | 18.5x | 12.7x | ≈ In line |
| Free cash flow yield | -0.7% | Bad beats 2% | 3.8% | 5.7% | ▼ Worse |
| Cash flow | |||||
| Free cash flow margin | -0.6% | Bad beats 2% | 13.8% | 4.5% | ▼ Worse |
| Cash from operations / net income | 0.52 | Bad beats 1% | 1.39 | 1.40 | ▼ Worse |
| Free cash flow growth, 3 years a year | +18.1% | Average beats 59% | +14.5% | – | – |
| Accruals (lower is better) | +2.5% | Bad beats 2% | −3.2% | – | – |
| Efficiency | |||||
| Days sales outstanding | 13 days | Good beats 98% | 57 days | 15 days | ≈ In line |
These ratings compare companies with each other and describe the past; they are not a forecast, a recommendation or part of the X-Ray Score. A factor is left out when its data is missing or meaningless (for example a P/E on negative earnings). A dash in the history columns means fewer than three usable years.
Fundamentals checklist
● 3 Good · ● 6 Average · ● 6 BadCash quality
Earnings backed by cashBad
Free-cash-flow yieldBad
Risk models
Altman Z''Average
Piotroski F-ScoreGood
Growth
EPS growth (3y)Average
Free-cash-flow growth (3y)Average
Revenue growth (3y)Average
Growth consistencyAverage
Balance sheet
Current ratioAverage
Net debt / EBITDABad
Interest coverBad
Valuation
Fair value vs priceGood
EBIT / EV yieldGood
Profitability
Return on invested capitalBad
Operating marginBad
Each check is graded against the company's sector, not a fixed number. Checklist score 33/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $9.5B | $10.7B | $11.5B | $11.5B | $12.5B |
| Operating income | $513M | $565M | $781M | $535M | $657M |
| Net income | $544M | $579M | $681M | $550M | $605M |
| Operating cash flow | $760M | $766M | $970M | $393M | $1.2B |
| Operating margin | 5.4% | 5.3% | 6.8% | 4.6% | 5.3% |
| Free cash flow | $429M | $482M | $678M | $26M | $794M |
| Diluted EPS | $13.50 | $14.44 | $17.07 | $13.96 | $15.39 |
Fiscal years, from SEC filings.
Technical summary
Daily
Bearish
6 bullish · 1 neutral · 9 bearish
Weekly
Strongly bearish
2 bullish · 1 neutral · 9 bearish
Monthly
Bearish
2 bullish · 1 neutral · 5 bearish
Moving averages (daily)
| SMA 10 | 268.5 | Bullish |
| EMA 10 | 270.7 | Bullish |
| SMA 20 | 266.6 | Bullish |
| EMA 20 | 270.3 | Bullish |
| SMA 50 | 280.8 | Bearish |
| EMA 50 | 278.2 | Bullish |
| SMA 100 | 286.6 | Bearish |
| EMA 100 | 292.1 | Bearish |
| SMA 200 | 336.3 | Bearish |
| EMA 200 | 304.4 | Bearish |
Oscillators (daily)
| RSI (14) | 57.68 | Neutral |
| MACD (12, 26) | -1.35 | Bearish |
| Momentum (12) | 5.73 | Bullish |
| Stochastic %K (14) | 93.78 | Bearish |
| Williams %R (14) | -6.22 | Bearish |
| CCI (20) | 177.2 | Bearish |
Pivot points (classic, last session)
S3 268.8 | S2 271.4 | S1 275.1 | Pivot 277.8 | R1 281.5 | R2 284.1 | R3 287.9 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
5.52 USD
Yield on today's price
1.98%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 1.3800 | |
| 1.3800 | |
| 1.3800 | |
| 1.3800 | |
| 1.3500 | |
| 1.3500 | |
| 1.3500 | |
| 1.3500 | |
| 1.3000 | |
| 1.3000 | |
| 1.3000 | |
| 1.3000 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
ETFs that hold HII
| ETF | Share of the fund |
|---|---|
| XAR SPDR S&P Aerospace & Defense | 2.49% |
| AIRR First Trust RBA American Industrial Re... | 2.44% |
| SHLD Global X Defense Tech | 2.04% |
| RSPN Invesco S&P 500 Equal Weight Industria... | 1.34% |
| MOAT VanEck Morningstar Wide Moat | 1.17% |
| PPA Invesco Aerospace & Defense | 1.15% |
| ITA iShares U.S. Aerospace & Defense | 0.77% |
| DFEN Daily Aerospace & Defense Bull 3X | 0.60% |
The eight funds with the largest weight in HII among the ETFs we cover, from each fund's latest SEC Form N-PORT (quarter-end positions, so they can be months old). All ETFs.
HII SEC filings
8-KSEC EDGAR
Director or officer change
10-QSEC EDGAR
Quarterly report
8-KSEC EDGAR
Results of operations
10-QSEC EDGAR
Quarterly report
8-KSEC EDGAR
Results of operations
8-KSEC EDGAR
Shareholder vote results
DEF 14ASEC EDGAR
Proxy statement
10-KSEC EDGAR
Annual report
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.