Industrials · Aerospace & Defense · US stock · price as of 16 Oct 2026
Key indicators
Price
$272.00
52-week range
$255.36 – $455.90
Market cap
$10.7B
P/E (trailing)
16.2×
EV / EBITDA
13.2×
Free-cash-flow yield
−0.8%
Dividend yield
2.0%
Revenue (last 12 months)
$13.2B
Revenue growth (3y a year)
5.4%
Operating margin
5.3%
Return on invested capital
6.8%
Net debt / EBITDA
2.6×
Fair value
Blended fair value$355.24 range $342 – $366
Versus priceFair+31% to fair value
Peer multiples
$391.93
Fundamentals-adjusted multiple
$465.46
10-year DCF (market-scaled)
$208.32
Earnings power value (floor, not blended)
$100.51
Model uncertainty
Medium
X-Ray Score
45/ 100 · Medium confidence · ahead of 26% of sector peers
Valuation50
Growth50
Profitability22
Financial health52
Dividends62
Five-year price chart navy: price · brown: 200-day average · blue band: fair value range
Executive summary
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%.
StocksXray gives Huntington Ingalls Industries, Inc. an X-Ray Score of 45 out of 100 (medium confidence), ahead of 26% of the S&P 500 stocks in its sector. Its strongest lens is dividends (62) and its weakest is profitability (22).
Our fair value blend is $355.24 (range $342.41 to $366.43). At $272.00 the stock trades 23% below that blend, so the label is "Fair" with medium model uncertainty. Fair value is a range, not a price target.
XStocksXray
Huntington Ingalls Industries, Inc. (HII)
Valuation history multiples at each fiscal year-end price; the last column uses today's price and the last twelve months
FY2021
FY2022
FY2023
FY2024
FY2025
Now
Price
$168.70
$213.11
$245.42
$182.43
$335.99
$272.00
Market cap
$6.8B
$8.5B
$9.8B
$7.2B
$13.2B
$10.7B
P/E
12.5×
14.8×
14.4×
13.1×
21.8×
16.2×
EV / revenue
1.0×
1.0×
1.0×
0.8×
1.2×
1.0×
EV / EBITDA
11.7×
11.9×
10.5×
11.1×
15.3×
13.2×
Price / free cash flow
15.8×
17.7×
14.4×
276.5×
16.6×
–
Free-cash-flow yield
6.3%
5.6%
6.9%
0.4%
6.0%
−0.8%
Price / book
2.4×
2.4×
2.4×
1.5×
2.6×
2.0×
Dividend yield
2.73%
2.24%
2.05%
2.88%
1.62%
2.03%
Fundamentals checklist ● 3 Good · ● 6 Average · ● 6 Bad · each check graded against the sector
Cash quality
Earnings backed by cash2.5%Bad
Free-cash-flow yield−0.8%Bad
Risk models
Altman Z score2.9×Average
Piotroski F-Score9 of 9Good
Growth
EPS growth (3y)2.1%Average
Free-cash-flow growth (3y)18.1%Average
Revenue growth (3y)5.4%Average
Growth consistency70%Average
Balance sheet
Current ratio1.2×Average
Net debt / EBITDA2.6×Bad
Interest cover7.1×Bad
Valuation
Fair value vs price1.3×Good
EBIT / EV yield5.2%Good
Profitability
Return on invested capital6.8%Bad
Operating margin5.3%Bad
XStocksXray
Huntington Ingalls Industries, Inc. (HII)
Financials US$ millions, from SEC filings; last column is the last twelve months
Income statement
FY21
FY22
FY23
FY24
FY25
LTM
Revenue
9,524
10,676
11,454
11,535
12,484
13,185
Gross profit
–
–
–
–
–
–
Operating income
513
565
781
535
657
698
Net income
544
579
681
550
605
661
Diluted EPS ($)
13.50
14.44
17.07
13.96
15.39
16.79
Free cash flow
429
482
678
26
794
-82
Gross margin
–
–
–
–
–
–
Operating margin
5.4%
5.3%
6.8%
4.6%
5.3%
5.3%
Net margin
5.7%
5.4%
5.9%
4.8%
4.8%
5.0%
Balance sheet
FY21
FY22
FY23
FY24
FY25
LTM
Total assets
10,627
10,857
11,215
12,141
12,749
12,682
Cash
627
467
430
831
774
12
Total debt
3,298
2,905
2,445
3,203
2,700
2,702
Equity
2,808
3,489
4,093
4,666
5,073
5,312
Dividend per share ($)
4.60
4.78
5.02
5.25
5.43
5.49
Revenue and net income US$ billions: navy revenue, teal net income
Every number comes from SEC filings, end-of-day prices and the StocksXray models described on the methodology page. The X-Ray Score ranks each metric against the company's own sector. Fair value blends three models and carries a typical error of about 40%, so treat it as a range. Analyst ratings, price targets and earnings-call summaries are not part of this report. Educational research, not financial advice; read the disclaimer.