Huntington Ingalls Q4 revenue rises 15.7% on shipbuilding throughput growth

HUNTINGTON INGALLS INDUSTRIES

05/02/2026 12:23

Overview

Shipbuilder's Q4 revenue rose 15.7% yr/yr, driven by growth across all segments

Diluted EPS for Q4 increased 28.3% yr/yr

Company achieved critical shipbuilding milestones, including submarine and destroyer deliveries

Outlook

HII expects FY26 shipbuilding revenue between $9.7 bln and $9.9 bln

Mission Technologies FY26 revenue projected between $3.0 bln and $3.2 bln

Company anticipates FY26 free cash flow between $500 mln and $600 mln

Result Drivers

SHIPBUILDING MILESTONES - Achieved critical shipbuilding milestones, including delivery of Virginia-class submarine Massachusetts and guided missile destroyer Ted Stevens

THROUGHPUT GROWTH - Achieved ~14% shipbuilding throughput growth in 2025, targeting ~15% growth in 2026

CAPITAL INVESTMENTS - Invested over $400 million in capital improvements in 2025 to support growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
$4.04


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the aerospace & defense peer group is "buy"

Wall Street's median 12-month price target for Huntington Ingalls Industries Inc is $364.00, about 11.9% below its February 4 closing price of $413.14

The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release: ID:nGNX7xPMGv

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)