For its second quarter of fiscal year 2023, which ended on June 30, 2023, HUNTINGTON INGALLS INDUSTRIES ($NYSE:HII) reported total revenue of USD 2787.0 million, a 4.7% year-over-year increase. However, net income decreased 27.0% to USD 130.0 million, from the same period last year.
On Thursday, Huntington Ingalls Industries (HII) reported its second quarter earnings results as of June 30, 2023. The stock opened at $229.5 and closed at $226.3, down by 0.7% from its last closing price of $227.8. Overall, HII’s Q2 FY2023 financial performance was strong and exceeded expectations, as evidenced by a 0.7% decline in its stock price on Thursday’s session. Investors will be looking to the next quarterly report to assess the company’s performance and provide further evidence of its long-term prospects. Live Quote…
About the Company
Ownership (Institutional/ Fund Holdings)
Below shows the total revenue, net income and net margin for HII. More…
Income Statement Reports (Yearly/ Quarterly/ LTM)
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for HII. More…
Cash Flow Statement (Yearly/ Quarterly/ LTM)
Cash Flow Supplement
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for HII. More…
Balance Sheet (Yearly/ Quarterly)
Balance Sheet Supplement
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Key Ratios Snapshot
Some of the financial key ratios for HII are shown below. More…
Income Statement Ratios
Balance Sheet Ratios
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At GoodWhale, we have conducted an analysis of HUNTINGTON INGALLS INDUSTRIES’ wellbeing. According to our Star Chart classification, they are a ‘cow’, meaning they have a track record of paying out consistent and sustainable dividends. This makes them an attractive option for dividend investors, who may be interested in investing in such a company. When evaluating HUNTINGTON INGALLS INDUSTRIES, we observe that they are strong in dividend, medium in profitability and weak in asset and growth. However, they have a high health score of 8/10 with regard to their cashflows and debt, which suggests they are well-positioned to safely ride out any crisis without the risk of bankruptcy. More…
Risk Rating Analysis
Star Chart Analysis
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HUNTINGTON INGALLS INDUSTRIES reported their second quarter fiscal 2023 earnings, showing total revenue of USD 2787.0 million, up 4.7% year over year. However, net income dropped by 27.0% year over year to USD 130.0 million. This shows that while the company’s revenue growth is promising, investors should be aware that profits have decreased significantly and further examination of the company’s financials is recommended. Investors should review HUNTINGTON INGALLS INDUSTRIES’ long-term prospects, operational performance, and debt position before making a decision on investing.