Loading...
•
Dec 31, 2024
Huntington Ingalls Q4 2024 Earnings Report
Huntington Ingalls reported a decrease in revenue and earnings per share for the fourth quarter of 2024, driven by lower volume and performance in key segments.
Key Takeaways
Huntington Ingalls Industries (HII) reported Q4 2024 revenues of $3.0 billion, a decrease compared to $3.2 billion in Q4 2023. Diluted earnings per share was $3.15, down from $6.90 in the prior year. The decrease was driven by lower volume at all segments compared to the prior year.
Revenues were $3.0 billion in the fourth quarter.
Diluted earnings per share was $3.15 in the fourth quarter.
Backlog of $48.7 billion at year-end.
Mission Technologies secured awards with total contract value of over $12 billion in 2024.
Revenue by Segment
Forward Guidance
HII’s Financial Outlook includes: Mid to long term HII revenue growth of 4%+, FY25 free cash flow between $300 and $500 million.
Positive Outlook
- Mid to long term HII revenue growth of 4%+
- Mid to long term shipbuilding revenue growth of approximately 4%
- Mid to long term Mission Technologies revenue growth of approximately 5%
- FY25 shipbuilding revenue between $8.9 and $9.1 billion; expect shipbuilding operating margin between 5.5% and 6.5%
- FY25 Mission Technologies revenue between $2.9 to $3.1 billion, Mission Technologies segment operating margin between 4.0% and 4.5%; and Mission Technologies EBITDA margin between 8.0% and 8.5%
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...