Huntington Ingalls Industries, Inc. Files 2023 Annual Report

Ticker: HII · Form: 10-K · Filed: 2024-02-01T00:00:00.000Z

Sentiment: bullish

Topics: HII, 10-K, Defense, Shipbuilding, Financials

TL;DR

<b>Huntington Ingalls Industries reported strong financial performance in 2023 with $12 billion in revenue and $1.009 billion in net income.</b>

AI Summary

HUNTINGTON INGALLS INDUSTRIES, INC. (HII) filed a Annual Report (10-K) with the SEC on February 1, 2024. Total revenue for the fiscal year ended December 31, 2023, was $12,000,000,000. Net income for the fiscal year ended December 31, 2023, was $1,009,000,000. Earnings per share (EPS) for the fiscal year ended December 31, 2023, were $5.02. The company reported total assets of $15,000,000,000 as of December 31, 2023. Total debt as of December 31, 2023, was $3,844,000,000.

Why It Matters

For investors and stakeholders tracking HUNTINGTON INGALLS INDUSTRIES, INC., this filing contains several important signals. The filing provides a comprehensive overview of HII's financial health and operational performance for the fiscal year 2023, crucial for investors assessing its stability and growth prospects. Key financial metrics such as revenue, net income, and debt levels offer insights into the company's profitability and its ability to manage financial obligations.

Risk Assessment

Risk Level: low — HUNTINGTON INGALLS INDUSTRIES, INC. shows low risk based on this filing. The company operates in the defense sector, which is generally stable, and its financial performance in 2023 indicates a solid operational footing.

Analyst Insight

Investors should review the detailed segment performance and future outlook provided in the full 10-K filing to understand growth drivers and potential risks.

Financial Highlights

revenue
12,000,000,000
total Assets
15,000,000,000
total Debt
3,844,000,000
net Income
1,009,000,000
eps
5.02

Key Numbers

Key Players & Entities

Forward-Looking Statements

FAQ

When did HUNTINGTON INGALLS INDUSTRIES, INC. file this 10-K?

HUNTINGTON INGALLS INDUSTRIES, INC. filed this Annual Report (10-K) with the SEC on February 1, 2024.

What is a 10-K filing?

A 10-K is a comprehensive annual financial report required by the SEC, covering audited financials, business operations, risk factors, and management discussion. This particular 10-K was filed by HUNTINGTON INGALLS INDUSTRIES, INC. (HII).

Where can I read the original 10-K filing from HUNTINGTON INGALLS INDUSTRIES, INC.?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by HUNTINGTON INGALLS INDUSTRIES, INC..

What are the key takeaways from HUNTINGTON INGALLS INDUSTRIES, INC.'s 10-K?

HUNTINGTON INGALLS INDUSTRIES, INC. filed this 10-K on February 1, 2024. Key takeaways: Total revenue for the fiscal year ended December 31, 2023, was $12,000,000,000.. Net income for the fiscal year ended December 31, 2023, was $1,009,000,000.. Earnings per share (EPS) for the fiscal year ended December 31, 2023, were $5.02..

Is HUNTINGTON INGALLS INDUSTRIES, INC. a risky investment based on this filing?

Based on this 10-K, HUNTINGTON INGALLS INDUSTRIES, INC. presents a relatively low-risk profile. The company operates in the defense sector, which is generally stable, and its financial performance in 2023 indicates a solid operational footing.

What should investors do after reading HUNTINGTON INGALLS INDUSTRIES, INC.'s 10-K?

Investors should review the detailed segment performance and future outlook provided in the full 10-K filing to understand growth drivers and potential risks. The overall sentiment from this filing is bullish.

Key Dates

From the Filing

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