Huntington Ingalls Industries, Inc.

How has the stock done?

Change in closing price from the first day shown, or with Price the closing price itself. Prices: Yahoo Finance, to Nov 12, 2026. Dashed lines: the days the company released earnings (its SEC 8-K filings); EPS estimates: Yahoo Finance. The stock's move after a release runs from the last close before its day to the close the day after (or five days after), so a release before the open counts like one after the close.

Is the business growing?

In the fiscal year to Dec 2025, Product was 65% and Service was 35% of revenue.

Quarters: Huntington Ingalls Industries, Inc.'s SEC filings, named by the month they end. Fiscal years: Huntington Ingalls Industries, Inc.'s annual reports to the SEC.

How it makes money

Of every $100 in revenue, $4.8 ends up as net income. Net margin was roughly flat over the past 3 years.

Each margin is that line of the income statement divided by revenue. Fiscal year: Huntington Ingalls Industries, Inc.'s annual reports to the SEC.

How much work is already signed?

Customers had signed $86.2B of work Huntington Ingalls Industries has not yet delivered at the end of Sep 2026: 6.4 years of revenue at the last four quarters' pace. New orders over those four quarters were about 3.3× revenue, so the backlog grew.

Backlog: remaining performance obligations in Huntington Ingalls Industries, Inc.'s SEC filings, revenue under contract not yet delivered. Book-to-bill: the quarter's revenue plus the change in backlog, over the quarter's revenue.

Customers and suppliers

In its latest annual report Huntington Ingalls Industries sells to the U.S. government, General Dynamics; it names no suppliers.

 

HIIHuntington Ingalls Industries

Customers

General Dynamics GD

U.S. government

Partners

General Dynamics GDTeaming agreement to build Virginia class submarinesNorthrop Grumman NOCIntellectual property license agreement

Only the companies Huntington Ingalls Industries names in its 10-K filed Feb 5, 2026 (SEC). The supply chain joins the latest annual reports of the companies on it and the 8-Ks they filed since: a link shows when either side's report names the other, so it grows as more reports are read. Hover a name for the filing's own words.

Is it expensive?

P/E of 16.6x, below the peer median of 32.2x, with earnings still growing.

Priced 48% below the peer median of 32.2x.

At 16.6× trailing earnings HII is inside the middle of its five-year range; the five-year median is 16.1×.

Closing price over diluted earnings per share of the last four reported quarters, as known on each day (a quarter counts 35 days after it ends). From SEC filings; earnings per share adjusted for splits.

What analysts expect

The average analyst price target is $356, 15% above the current price; 50% of 12 analysts rate it a buy; earnings beat estimates in all of the last 4 quarters.

Buy or Strong Buy: 6 analysts (50%). Sell or Strong Sell: 0.

Over the past year the average of the analysts' latest price targets went from $320.60 to $357.20 (+11%), while HII went from $312.67 to $308.33 (−1%). In the past three months targets were raised twice and cut 3 times. 1 upgrade and no downgrades over the year; the latest: B of A Securities moved it to Neutral from Underperform on Feb 12, 2026.

The day after each of these reports the stock moved −3.7% (Dec 2025, beat); −12.1% (Mar 2026, beat); +16.4% (Jun 2026, beat); +13.5% (Sep 2026, beat).

For the quarter ending Dec 2026, analysts expect adjusted earnings of $5.23 a share, 29% more than the $4.04 of a year earlier, and revenue of $3.6B, up 3% on a year earlier. For the fiscal year ending Dec 2027, they expect adjusted earnings of $20.45 a share, 4% more than the year before's estimate of $19.67, and revenue of $14.5B, up 6% on the year before's estimate.

Targets, ratings and earnings estimates: Yahoo Finance. Rating and target changes: Yahoo Finance's list of upgrades and downgrades. The average target on each day is the average of every listed firm's latest target set in the 180 days before it, so it counts fewer analysts than the average target above, and the band is the middle half of those targets (a quarter of the firms are above it, a quarter below); a target set before a stock split is divided by the split. Expected figures: the average of the analysts' estimates (Yahoo Finance). Their EPS is adjusted, as analysts estimate it, so it is set against the adjusted EPS Yahoo reports for the same quarters, not the GAAP EPS of the growth and valuation sections; revenue against the SEC filings. No change is given against a quarter whose reported EPS was more than 50% off its own estimate (often a one-off gain or charge), nor against a year that counts one. Each estimate is pinned to its fiscal period by the report date or the period's end, and one that cannot be is left out.

Where the cash goes

Generated $327M in free cash flow over the year, of which $217M went back to shareholders (dividends plus buybacks), leaving $110M in the company.

Huntington Ingalls Industries had 40M diluted shares in the quarter ended Sep 2026, 0.5% more than a year earlier, and 0.4% fewer each year on average since Jun 2020. Over the last four quarters its earnings per share rose 28.3% and its net income rose 28.8%: more shares took about 1 point off.

Free cash flow: operating cash flow minus capital spending on property, plant and equipment, from SEC filings, for the last 4 quarters and by quarter. Shares: each quarter's diluted weighted average as filed with the SEC, since the stock's listing and its latest split.

Financial health

Current ratio 1.1, short-term debt is manageable; debt-to-equity 0.5, debt is moderate.

Latest fiscal year balance sheet. Source: Yahoo Finance.

Who holds it

In the filings of 5 funds whose copy leaves HII out (on the exchange, not in the app yet): Swiss National Bank, Canada Pension Plan Investment Board, Mirae Asset Global Investments, Bridgewater Associates, Fisher Asset Management.

What did the funds Hunch tracks do?

Of the 83 funds whose 13F filings Hunch reads, 9 held HII at the end of their latest quarter (for most, Q3 2026). Over that quarter 4 added shares, 4 cut and 1 held the same. The largest of them is Renaissance Technologies, 132,360 shares worth $35.3M at Sep 30, 2026, 30.2% more than a quarter earlier.

From the 13F filings of the 83 funds Hunch tracks, not of every institution: each fund's shares of HII at its latest quarter end against the quarter before, as filed (long positions only, options left out), the quarter before put on the latest quarter's share count across a split. A fund files 45 days after its quarter ends, so some have a newer quarter than others. Value is at the quarter end.

Are insiders buying or selling?

Officers and directors sold $13.5M of HII on the open market in the 12 months to Nov 12, 2026; none bought. 32% of the sales were made under 10b5-1 plans, set up in advance. The largest was Christopher D Kastner (Director, President & CEO; director), who sold $4.2M in 1 sale.

From the Form 4s filed with the SEC about Huntington Ingalls Industries, Inc. (168 in the 12 months): purchases (code P) and sales (code S) on the open market by its officers and directors, at the price each filing gives (often an average of the day's trades). A sale is a 10b5-1 sale when its filing says it was made under such a plan, set up in advance. Not counted: 147 other transactions (grants, option exercises, shares withheld for tax and gifts).