Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $9,361 | $9,524 | $10,676 | $11,454 | $11,535 |
| Gross Profit | N/A | N/A | N/A | N/A | N/A |
| Operating Income | $799 | $513 | $565 | $781 | $535 |
| Net Income | $696 | $544 | $579 | $681 | $550 |
Over the past five years, Huntington Ingalls Industries has experienced steady revenue growth alongside fluctuations in operating and net income. Revenue increased from USD 9,361 million in 2020 to USD 11,535 million in 2024, reflecting a gradual upward trend that aligns with the company’s longstanding role as a major provider of naval shipbuilding and defense services. Despite the steady revenue growth, gross profit is unreported (recorded as zero), which limits direct analysis of cost efficiency and margin management. Operating income and net income, however, have shown notable volatility. For example, operating income dropped sharply from USD 799 million in 2020 to USD 513 million in 2021 (a decline of roughly 36%), suggesting potential operational challenges or cost pressures during that period. The recovery of operating income to USD 781 million in 2023, followed by a subsequent decline to USD 535 million in 2024, along with a similar trend for net income (from USD 696 million in 2020 to fluctuations between 544 and 681 million), indicates that while revenue growth has been relatively stable, underlying profitability metrics have experienced significant year-over-year swings. Such variations may be driven by changes in contract mix, production challenges, or adjustments to government defense spending, which are common in the defense and shipbuilding industry. Overall, Huntington Ingalls Industries appears to maintain a solid revenue base; however, the erratic operating and net income figures suggest areas for further scrutiny to ensure sustainable profitability and operational consistency in the future.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.