Huntington Historical Income Statement

HII Stock  USD 198.95  3.65  1.87%   
Historical analysis of Huntington Ingalls income statement accounts such as Total Revenue of 8.8 B or Gross Profit of 1.5 B can show how well Huntington Ingalls Industries performed in making a profits. Evaluating Huntington Ingalls income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Huntington Ingalls's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Huntington Ingalls latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Huntington Ingalls is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntington Ingalls Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

About Huntington Income Statement Analysis

Huntington Ingalls Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Huntington Ingalls shareholders. The income statement also shows Huntington investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Huntington Ingalls Income Statement Chart

As of now, Huntington Ingalls' Interest Expense is increasing as compared to previous years. The Huntington Ingalls' current Total Other Income Expense Net is estimated to increase to about 75.6 M, while Selling General Administrative is projected to decrease to under 836.4 M.

Total Revenue

Total revenue comprises all receipts Huntington Ingalls generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Huntington Ingalls Industries minus its cost of goods sold. It is profit before Huntington Ingalls operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Huntington Ingalls operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Huntington Ingalls Industries is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Huntington Ingalls income statement and is an important metric when analyzing Huntington Ingalls profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most accounts from Huntington Ingalls' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Huntington Ingalls current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntington Ingalls Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
As of now, Huntington Ingalls' Interest Expense is increasing as compared to previous years. The Huntington Ingalls' current Total Other Income Expense Net is estimated to increase to about 75.6 M, while Selling General Administrative is projected to decrease to under 836.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.4B1.4B1.6B1.5B
Total Revenue9.5B10.7B11.5B8.8B

Huntington Ingalls income statement Correlations

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0.080.880.560.330.860.870.490.62-0.30.830.890.450.590.970.440.63-0.48-0.45-0.8-0.38-0.440.79
0.030.880.610.460.880.990.620.68-0.010.940.980.60.750.830.330.69-0.5-0.47-0.7-0.52-0.620.91
0.110.560.610.910.30.50.940.940.410.380.480.950.930.510.460.95-0.7-0.27-0.5-0.68-0.240.32
0.160.330.460.910.120.360.960.90.660.290.320.940.90.280.450.91-0.8-0.23-0.24-0.65-0.210.22
-0.020.860.880.30.120.910.30.42-0.360.910.920.290.470.860.160.42-0.22-0.45-0.74-0.28-0.610.91
0.020.870.990.50.360.910.520.6-0.080.970.990.50.670.820.280.6-0.43-0.47-0.68-0.46-0.640.93
0.030.490.620.940.960.30.520.980.50.430.490.950.940.440.560.97-0.78-0.2-0.42-0.74-0.290.36
-0.060.620.680.940.90.420.60.980.310.50.580.90.910.590.610.98-0.75-0.2-0.58-0.76-0.290.42
0.35-0.3-0.010.410.66-0.36-0.080.50.31-0.1-0.150.590.51-0.410.020.37-0.44-0.110.45-0.22-0.1-0.1
0.040.830.940.380.290.910.970.430.5-0.10.960.40.580.780.250.5-0.41-0.5-0.61-0.36-0.610.96
-0.050.890.980.480.320.920.990.490.58-0.150.960.460.620.840.310.57-0.39-0.48-0.7-0.44-0.630.94
0.210.450.60.950.940.290.50.950.90.590.40.460.980.380.360.94-0.72-0.27-0.38-0.67-0.310.36
0.20.590.750.930.90.470.670.940.910.510.580.620.980.520.370.95-0.73-0.35-0.47-0.68-0.420.53
0.050.970.830.510.280.860.820.440.59-0.410.780.840.380.520.430.58-0.45-0.38-0.86-0.35-0.450.75
-0.230.440.330.460.450.160.280.560.610.020.250.310.360.370.430.55-0.580.02-0.36-0.47-0.150.24
0.10.630.690.950.910.420.60.970.980.370.50.570.940.950.580.55-0.82-0.22-0.58-0.76-0.310.43
-0.41-0.48-0.5-0.7-0.8-0.22-0.43-0.78-0.75-0.44-0.41-0.39-0.72-0.73-0.45-0.58-0.820.150.360.520.28-0.33
-0.13-0.45-0.47-0.27-0.23-0.45-0.47-0.2-0.2-0.11-0.5-0.48-0.27-0.35-0.380.02-0.220.150.170.130.27-0.63
0.12-0.8-0.7-0.5-0.24-0.74-0.68-0.42-0.580.45-0.61-0.7-0.38-0.47-0.86-0.36-0.580.360.170.540.33-0.58
0.35-0.38-0.52-0.68-0.65-0.28-0.46-0.74-0.76-0.22-0.36-0.44-0.67-0.68-0.35-0.47-0.760.520.130.540.08-0.32
-0.22-0.44-0.62-0.24-0.21-0.61-0.64-0.29-0.29-0.1-0.61-0.63-0.31-0.42-0.45-0.15-0.310.280.270.330.08-0.67
0.050.790.910.320.220.910.930.360.42-0.10.960.940.360.530.750.240.43-0.33-0.63-0.58-0.32-0.67
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Huntington Ingalls Account Relationship Matchups

Huntington Ingalls income statement Accounts

201920202021202220232024 (projected)
Interest Expense70M114M89M102M95M99.8M
Selling General Administrative788M904M898M924M1.0B836.4M
Total Revenue8.9B9.4B9.5B10.7B11.5B8.8B
Gross Profit1.5B1.7B1.4B1.4B1.6B1.5B
Operating Income736M799M513M773M781M669.7M
Research Development23M31M34M40M35M27.3M
Cost Of Revenue7.4B7.7B8.2B9.2B9.8B7.3B
Income Before Tax683M810M622M719M853M613.7M
Net Income Applicable To Common Shares549M696M544M579M665.9M437.6M
Net Income549M696M544M579M681M458.1M
Income Tax Expense134M114M78M140M172M155.6M
Depreciation And Amortization251M247M293M358M347M254.7M
Other Operating Expenses8.2B8.6B9.1B10.2B10.7B8.2B
Ebit736M903M711M821M948M778.7M
Ebitda987M1.2B1.0B1.2B1.3B1.0B
Total Operating Expenses788M903M896M923M902M834.0M
Total Other Income Expense Net(53M)11M109M(74M)72M75.6M
Net Income From Continuing Ops549M696M544M579M681M507.0M
Non Operating Income Net Other5M6M17M(20M)(18M)(17.1M)
Tax Provision134M114M78M140M172M133.8M
Interest Income70M114M89M102M91.8M73.8M
Net Interest Income(70M)(114M)(89M)(102M)(95M)(99.8M)
Reconciled Depreciation227M247M293M358M347M295.4M

Currently Active Assets on Macroaxis

When determining whether Huntington Ingalls offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Huntington Ingalls' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Huntington Ingalls Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Huntington Ingalls Industries Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntington Ingalls Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Aerospace & Defense space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Huntington Ingalls. If investors know Huntington will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Huntington Ingalls listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.31)
Dividend Share
5.2
Earnings Share
17.71
Revenue Per Share
296.218
Quarterly Revenue Growth
(0.02)
The market value of Huntington Ingalls is measured differently than its book value, which is the value of Huntington that is recorded on the company's balance sheet. Investors also form their own opinion of Huntington Ingalls' value that differs from its market value or its book value, called intrinsic value, which is Huntington Ingalls' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Huntington Ingalls' market value can be influenced by many factors that don't directly affect Huntington Ingalls' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Huntington Ingalls' value and its price as these two are different measures arrived at by different means. Investors typically determine if Huntington Ingalls is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Huntington Ingalls' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.