Huntington Ingalls Industries, Inc. (HII) Key Metrics
HII valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $10.72B
- Enterprise value
- $13.55B
- P/E (TTM)
- 16.2 10-yr median 15.2
- Forward P/E
- 12.6
- PEG ratio
- 0.83
- Price / sales
- 0.8 10-yr median 1.0
- Price / book
- 2.0 10-yr median 3.2
- EV / EBITDA
- 10.7 10-yr median 9.9
- Dividend yield
- 2.03% $5.52 a year
- Beta
- 0.21
HII key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsHII valuation Price multiples at each fiscal year-end price.
HII returns How much profit the business earns on the capital it uses.
HII per-share figures Results divided by the shares outstanding at year-end.
HII financial health Debt, liquidity and how easily interest is covered.
HII efficiency & capital use Working capital cycle and where the cash goes.
HII valuation history
HII returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
HII debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
HII cash returned to shareholders
HII price vs earnings per share
HII key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $13.36B | $7.45B | $10.36B | $9.25B | $7.53B | $6.92B | $10.39B | $8.34B | $10.80B | $8.69B |
| Enterprise value | $15.74B | $10.02B | $12.60B | $11.93B | $10.95B | $8.75B | $12.22B | $9.98B | $12.01B | $9.86B |
| P/E ratio | 22.1 | 13.5 | 15.2 | 16.0 | 13.8 | 9.9 | 18.9 | 10.0 | 22.5 | 15.2 |
| Price / sales | 1.1 | 0.6 | 0.9 | 0.9 | 0.8 | 0.7 | 1.2 | 1.0 | 1.5 | 1.2 |
| Price / book | 2.6 | 1.6 | 2.5 | 2.7 | 2.7 | 3.6 | 6.5 | 5.5 | 6.1 | 5.3 |
| Price / free cash flow | 16.8 | 286.4 | 15.3 | 19.2 | 17.5 | 9.4 | 28.4 | 18.5 | 25.0 | 16.2 |
| Price / operating cash flow | 11.2 | 18.9 | 10.7 | 12.1 | 9.9 | 6.3 | 11.6 | 9.1 | 13.3 | 10.6 |
| EV / sales | 1.3 | 0.9 | 1.1 | 1.1 | 1.1 | 0.9 | 1.4 | 1.2 | 1.6 | 1.4 |
| EV / EBITDA | 13.0 | 9.4 | 9.7 | 10.1 | 10.9 | 7.6 | 12.5 | 8.1 | 11.4 | 9.4 |
| EV / free cash flow | 19.8 | 385.5 | 18.6 | 24.8 | 25.5 | 11.8 | 33.4 | 22.1 | 27.8 | 18.4 |
| Earnings yield | 4.5% | 7.4% | 6.6% | 6.3% | 7.2% | 10.1% | 5.3% | 10.0% | 4.4% | 6.6% |
| Free cash flow yield | 5.9% | 0.3% | 6.5% | 5.2% | 5.7% | 10.7% | 3.5% | 5.4% | 4.0% | 6.2% |
| Dividend yield | 1.6% | 2.8% | 1.9% | 2.1% | 2.5% | 2.5% | 1.4% | 1.6% | 1.1% | 1.1% |
| Shareholder yield (dividends + buybacks) | 1.7% | 4.9% | 2.7% | 2.6% | 3.8% | 3.7% | 4.0% | 10.5% | 3.7% | 3.4% |
| Share price at fiscal year-end | $340.07 | $188.97 | $259.64 | $230.68 | $186.74 | $170.48 | $250.88 | $190.31 | $235.70 | $184.19 |
| Per share | ||||||||||
| Revenue per share | $317.66 | $292.77 | $287.07 | $266.23 | $236.33 | $230.57 | $214.95 | $186.67 | $162.47 | $149.75 |
| Earnings per share | $15.39 | $13.96 | $17.07 | $14.44 | $13.50 | $17.14 | $13.26 | $19.09 | $10.46 | $12.14 |
| Operating cash flow per share | $30.43 | $9.97 | $24.31 | $19.10 | $18.86 | $26.92 | $21.64 | $20.87 | $17.77 | $17.42 |
| Free cash flow per share | $20.20 | $0.66 | $16.99 | $12.02 | $10.65 | $18.23 | $8.84 | $10.30 | $9.43 | $11.38 |
| Cash per share | $19.69 | $21.09 | $10.78 | $11.65 | $15.56 | $12.61 | $1.81 | $5.48 | $15.31 | $15.25 |
| Book value per share | $129.08 | $118.43 | $102.58 | $87.01 | $69.68 | $46.82 | $38.36 | $34.61 | $38.38 | $35.02 |
| Tangible book value per share | $43.99 | $32.13 | $14.64 | −$3.69 | −$24.29 | −$5.62 | −$6.69 | −$5.46 | $0.72 | −$2.73 |
| Dividends per share | $5.42 | $5.23 | $5.01 | $4.79 | $4.62 | $4.24 | $3.60 | $3.01 | $2.51 | $2.08 |
| Capex per share | $10.23 | $9.31 | $7.32 | $7.08 | $8.21 | $8.69 | $12.80 | $10.57 | $8.34 | $6.04 |
| Debt per share | $80.05 | $86.50 | $66.99 | $78.58 | $100.45 | $57.56 | $46.04 | $43.08 | $41.77 | $39.89 |
| Shares outstanding | 39.3M | 39.4M | 39.9M | 40.1M | 40.3M | 40.6M | 41.4M | 43.8M | 45.8M | 47.2M |
| Change in shares outstanding | −0.3% | −1.3% | −0.5% | −0.5% | −0.7% | −1.9% | −5.5% | −4.4% | −3.0% | −2.3% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 12.4% | 12.6% | 18.0% | 18.4% | 23.1% | 39.9% | 35.4% | 51.1% | 28.1% | 36.5% |
| Return on invested capital (ROIC) | 6.4% | 6.7% | 10.0% | 7.3% | 9.0% | 18.4% | 18.1% | 25.8% | 18.6% | 23.2% |
| Return on assets (ROA) | 4.9% | 4.7% | 6.2% | 5.4% | 5.8% | 9.2% | 8.2% | 13.1% | 7.5% | 9.3% |
| Return on tangible assets | 6.4% | 6.3% | 8.8% | 8.0% | 8.0% | 11.5% | 10.6% | 18.1% | 10.3% | 12.5% |
| Free cash flow margin | 6.4% | 0.2% | 5.9% | 4.5% | 4.5% | 7.9% | 4.1% | 5.5% | 5.8% | 7.6% |
| Income quality (OCF / net income) | 1.98 | 0.71 | 1.42 | 1.32 | 1.40 | 1.57 | 1.63 | 1.09 | 1.70 | 1.43 |
| Financial health | ||||||||||
| Total debt | $3.15B | $3.41B | $2.67B | $3.15B | $4.05B | $2.34B | $1.91B | $1.89B | $1.91B | $1.88B |
| Cash & short-term investments | $774.0M | $831.0M | $430.0M | $467.0M | $627.0M | $512.0M | $75.0M | $240.0M | $701.0M | $720.0M |
| Net debt | $2.37B | $2.58B | $2.24B | $2.68B | $3.42B | $1.82B | $1.83B | $1.65B | $1.21B | $1.16B |
| Debt / equity | 0.62 | 0.73 | 0.65 | 0.90 | 1.44 | 1.23 | 1.20 | 1.24 | 1.09 | 1.14 |
| Debt / assets | 0.25 | 0.28 | 0.24 | 0.29 | 0.38 | 0.29 | 0.27 | 0.30 | 0.30 | 0.30 |
| Net debt / EBITDA | 1.96 | 2.42 | 1.73 | 2.28 | 3.41 | 1.59 | 1.87 | 1.34 | 1.16 | 1.11 |
| Current ratio | 1.13 | 1.08 | 0.95 | 0.95 | 1.15 | 1.10 | 0.94 | 0.95 | 1.58 | 1.59 |
| Quick ratio | 1.06 | 1.01 | 0.89 | 0.89 | 1.08 | 1.04 | 0.87 | 0.88 | 1.45 | 1.44 |
| Interest coverage | 5.8 | 5.6 | 8.2 | 5.5 | 5.8 | 6.7 | 10.6 | 15.9 | 9.2 | 11.3 |
| Working capital | $406.0M | $237.0M | −$152.0M | −$149.0M | $363.0M | $218.0M | −$105.0M | −$84.0M | $804.0M | $799.0M |
| Invested capital | $7.45B | $7.24B | $6.34B | $6.17B | $6.23B | $3.73B | $3.42B | $3.16B | $2.97B | $2.82B |
| Tangible asset value | $1.73B | $1.27B | $584.0M | −$148.0M | −$979.0M | −$228.0M | −$277.0M | −$239.0M | $33.0M | −$129.0M |
| Net current asset value | −$4.22B | −$4.25B | −$4.24B | −$4.62B | −$5.03B | −$3.81B | −$3.66B | −$3.12B | −$2.42B | −$2.56B |
| Graham number | $211.45 | $192.86 | $198.48 | $168.13 | $145.47 | $134.39 | $106.98 | $121.92 | $95.04 | $97.81 |
| Graham net-net per share | −$127.40 | −$126.03 | −$124.39 | −$131.55 | −$140.14 | −$109.92 | −$101.66 | −$82.69 | −$64.03 | −$63.58 |
| Capital allocation | ||||||||||
| Dividends paid | $213.0M | $206.0M | $200.0M | $192.0M | $186.0M | $172.0M | $149.0M | $132.0M | $115.0M | $98.0M |
| Share buybacks (net) | $14.0M | $162.0M | $75.0M | $52.0M | $101.0M | $84.0M | $262.0M | $742.0M | $286.0M | $194.0M |
| Dividend payout ratio | 35.2% | 37.5% | 29.4% | 33.2% | 34.2% | 24.7% | 27.1% | 15.8% | 24.0% | 17.1% |
| Dividends + buybacks / free cash flow | 28.6% | — | 40.6% | 50.6% | 66.9% | 34.6% | 112.3% | 193.8% | 92.8% | 54.4% |
| Capex / revenue | 3.2% | 3.2% | 2.5% | 2.7% | 3.5% | 3.8% | 6.0% | 5.7% | 5.1% | 4.0% |
| Capex / operating cash flow | 33.6% | 93.4% | 30.1% | 37.1% | 43.6% | 32.3% | 59.2% | 50.7% | 46.9% | 34.7% |
| Capex / depreciation | 1.22 | 1.13 | 0.84 | 0.79 | 1.13 | 1.43 | 2.33 | 2.28 | 1.86 | 1.53 |
| Stock-based compensation / revenue | 0.4% | 0.2% | 0.3% | 0.3% | 0.3% | 0.2% | 0.3% | 0.4% | 0.5% | 0.5% |
| R&D / revenue | — | 0.2% | 0.3% | 0.4% | 0.4% | 0.3% | 0.3% | 0.3% | 0.2% | 0.3% |
| SG&A / revenue | 7.8% | 8.4% | 8.9% | 8.7% | 9.4% | 9.7% | 8.9% | 10.7% | 7.7% | 8.8% |
| Efficiency | ||||||||||
| Days sales outstanding | 65.5 | 67.7 | 67.4 | 68.3 | 68.4 | 59.9 | 55.6 | 54.5 | 57.7 | 57.8 |
| Days of inventory on hand | 7.1 | 7.1 | 6.9 | 6.8 | 6.7 | 6.5 | 6.5 | 8.9 | 11.9 | 16.1 |
| Days payables outstanding | 19.3 | 20.8 | 22.3 | 24.6 | 23.8 | 22.7 | 26.2 | 26.8 | 21.0 | 20.6 |
| Cash conversion cycle (days) | 53.3 | 54.0 | 52.0 | 50.5 | 51.3 | 43.7 | 35.9 | 36.6 | 48.6 | 53.3 |
| Receivables turnover | 5.57 | 5.39 | 5.42 | 5.34 | 5.34 | 6.09 | 6.57 | 6.69 | 6.33 | 6.32 |
| Payables turnover | 18.89 | 17.51 | 16.40 | 14.84 | 15.35 | 16.07 | 13.92 | 13.63 | 17.42 | 17.72 |
| Inventory turnover | 51.05 | 51.19 | 53.16 | 53.70 | 54.74 | 56.34 | 55.82 | 41.06 | 30.63 | 22.66 |
| Asset turnover | 1.00 | 0.99 | 1.04 | 0.99 | 1.01 | 1.23 | 1.33 | 1.28 | 1.17 | 1.14 |
| Average receivables | $2.24B | $2.14B | $2.11B | $2.00B | $1.78B | $1.54B | $1.35B | $1.22B | $1.18B | $1.12B |
| Average payables | $577.0M | $576.0M | $598.0M | $622.5M | $531.5M | $478.5M | $529.5M | $468.5M | $345.5M | $316.5M |
| Average inventory | $213.5M | $197.0M | $184.5M | $172.0M | $149.0M | $136.5M | $132.0M | $155.5M | $196.5M | $247.5M |
| Intangibles / total assets | 26.2% | 28.0% | 31.3% | 33.5% | 35.6% | 26.1% | 26.5% | 27.5% | 27.1% | 28.1% |
Computed from HII's annual financial statements (latest annual report filed February 5, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
HII valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Huntington Ingalls traded at 22.1 times earnings, against a 10-year median of 15.2. Based on the latest twelve months, the trailing P/E is 16.2 and the forward P/E is 12.6. Huntington Ingalls earned a return on equity of 12.4% and a return on invested capital of 6.4% in fiscal 2025. It ended the year with $3.1 billion of debt and $774.0 million in cash and short-term investments, net debt of $2.4 billion. It returned $227.0 million to shareholders: $213.0 million in dividends and $14.0 million in share buybacks, 29% of free cash flow. The share count fell 16.7% from 47.2M to 39.3M over 9 years.
See the HII income statement, the HII chart for price history, or the HII stock overview for the latest quote and news.
HII key metrics FAQ
What is Huntington Ingalls's P/E ratio?
Huntington Ingalls's trailing P/E ratio is 16.2 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 12.6. At the end of fiscal 2025 it was 22.1, compared with a 10-year median of 15.2.
What is Huntington Ingalls's EV/EBITDA?
Huntington Ingalls's enterprise value was 13.0 times EBITDA at the end of fiscal 2025 (enterprise value $15.7 billion, EBITDA $1.2 billion); the current EV/EBITDA is 10.7.
What is Huntington Ingalls's return on equity?
Huntington Ingalls's return on equity (ROE) was 12.4% in fiscal 2025: net income of $605.0 million on average shareholders' equity of $4.9 billion.
What is Huntington Ingalls's ROIC?
Huntington Ingalls's return on invested capital was 6.4% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Huntington Ingalls have?
Huntington Ingalls had total debt of $3.1 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.62 and $2.4 billion of net debt (1.96 times EBITDA).
What is Huntington Ingalls's dividend yield?
Huntington Ingalls's forward dividend yield is 2.03%. Huntington Ingalls paid $213.0 million in dividends in fiscal 2025 ($5.42 per share), a payout ratio of 35.2%.
Does Huntington Ingalls buy back its shares?
Yes. Huntington Ingalls spent $14.0 million on net share repurchases in fiscal 2025 Shares outstanding changed −0.3% over the year, to 39.3M..
What is Huntington Ingalls's free cash flow yield?
Huntington Ingalls generated $794.0 million of free cash flow in fiscal 2025, a free cash flow yield of 5.9% on its market value at year-end ($13.4 billion).
What is Huntington Ingalls's current ratio?
Huntington Ingalls's current ratio was 1.13 at the end of fiscal 2025: current assets were 1.13 times current liabilities.