HUNTINGTON INGALLS INDUSTRIES, INC.
$306.24
−2.09 (−0.68%) · delayed · Nov 13, 2026
Five-year price
52w $255.36 to $460.00
- Market cap
- $12.1B
- Enterprise value
- $14.0B
- P/E
- 19.9×
- 19.8× on 3y avg EPS
- EV / EBIT
- 21.3×
- FCF yield
- 6.6%
- ROIC
- 7.3%
- Debt / equity
- 0.53
- Piotroski F
- 8/9
Value scorecard · FY2025
Does it pass the value tests?
Quality
67
- ○ROIC > 12% (5y avg)5y avg ROIC 8.1%
- ●ROE > 15% (5y avg)5y avg ROE 15.3%
- ●Stable operating marginsMargin volatility 0.7% (σ, 5y)
- ○Earnings convert to cashFCF / net income 80% (5y avg)
- ●Growing revenueRevenue CAGR 5y 5.9%
- ●Shrinking share countDiluted shares -3.2% over 5y
Value
40
- ○P/E below 15P/E 19.9
- ○EV/EBIT below 12EV/EBIT 21.3
- ●FCF yield above 6%FCF yield 6.6%
- ○Price below Graham NumberGraham Number $211.14
- ●P/B below 3P/B 2.4
Safety
40
- ○Debt / equity below 0.5D/E 0.53
- ●Debt payable in < 4 yrs of earningsNet debt $1.9B
- ○Interest coverage > 8xCoverage 6.3x
- ○Current ratio > 1.5Current ratio 1.13
- ●Piotroski F-score ≥ 6F-score 8/9
Graham Defensive
43
- ●Adequate size (revenue > $2B)Revenue $12.5B
- ○Strong condition (current ratio ≥ 2)Current ratio 1.13
- ●Earnings stability (no loss, 10y)10 years of data
- ●Uninterrupted dividendsDividends paid every year on record
- ○Earnings growth ≥ 33% (10y, 3y avgs)EPS growth 11%
- ○Moderate P/E (≤ 15 on 3y avg EPS)P/E (3y avg) 19.8
- ○P/E × P/B ≤ 22.5Product 47.1
Valuation lab
What do you have to believe?
At $306.24, the market is pricing in about 4.0% annual free-cash-flow growth for the next decade (9% discount rate, 2.5% terminal growth).
Starting cash flow
Net debt $1.9B · 39M shares · 5y revenue CAGR 5.9%
Intrinsic value
$364.86
Price
$306.24
Margin of safety
16%
What the price implies
The market is paying for 4.0% annual cash-flow growth for 10 years at a 9.0% discount rate.
Terminal value share
58% of the value sits beyond year 10.
Financial statements
A decade of the record.
USD millions · fiscal years · source: SEC 10-K XBRL
| Line item | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7,068 | 7,441 | 8,176 | 8,899 | 9,361 | 9,524 | 10,676 | 11,454 | 11,535 | 12,484 |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Operating income | 876 | 881 | 951 | 736 | 799 | 513 | 565 | 781 | 535 | 657 |
| Operating margin | 12.4% | 11.8% | 11.6% | 8.3% | 8.5% | 5.4% | 5.3% | 6.8% | 4.6% | 5.3% |
| Pre-tax income | 784 | 772 | 971 | 683 | 810 | 622 | 719 | 853 | 643 | 777 |
| Income tax | 211 | 293 | 135 | 134 | 114 | 78 | 140 | 172 | 93 | 172 |
| Net income | 573 | 479 | 836 | 549 | 696 | 544 | 579 | 681 | 550 | 605 |
| EPS (diluted) | 12.14 | 10.46 | 19.09 | 13.26 | 17.14 | 13.50 | 14.44 | 17.07 | 13.96 | 15.39 |
| Diluted shares | 47 | 46 | 44 | 41 | 41 | 40 | 40 | 40 | 39 | 39 |
Who owns it