HII Q2 2024: $5.37B Revenue, $1.06B Net Earnings
Ticker: HII · Form: 10-Q · Filed: 2024-08-01T00:00:00.000Z
Sentiment: neutral
Topics: earnings, financials, defense
TL;DR
**HII Q2 2024: $5.37B Revenue, $1.06B Net Earnings. Solid performance.**
AI Summary
Huntington Ingalls Industries, Inc. filed its 10-Q for the period ending June 30, 2024. The company reported total assets of $10.09 billion and total liabilities of $10.63 billion. For the six months ended June 30, 2024, the company had revenues of $5.37 billion and net earnings of $1.06 billion.
Why It Matters
This filing provides a financial snapshot of Huntington Ingalls Industries, a major defense contractor, impacting investors and stakeholders by detailing its financial health and performance in the second quarter of 2024.
Risk Assessment
Risk Level: medium — The company has more liabilities ($10.63 billion) than assets ($10.09 billion), indicating a potential financial risk.
Key Numbers
- $10.09B — Total Assets (As of June 30, 2024)
- $10.63B — Total Liabilities (As of June 30, 2024)
- $5.37B — Revenues (Six months ended June 30, 2024)
- $1.06B — Net Earnings (Six months ended June 30, 2024)
Key Players & Entities
- HUNTINGTON INGALLS INDUSTRIES, INC. (company) — Filer
- 20240630 (date) — Period of Report
- $10.09 billion (dollar_amount) — Total Assets
- $10.63 billion (dollar_amount) — Total Liabilities
- $5.37 billion (dollar_amount) — Revenue for six months ended June 30, 2024
- $1.06 billion (dollar_amount) — Net Earnings for six months ended June 30, 2024
FAQ
What were Huntington Ingalls Industries' total assets as of June 30, 2024?
Total assets were $10.09 billion as of June 30, 2024.
What were Huntington Ingalls Industries' total liabilities as of June 30, 2024?
Total liabilities were $10.63 billion as of June 30, 2024.
What were the total revenues for the six months ended June 30, 2024?
Total revenues for the six months ended June 30, 2024, were $5.37 billion.
What were the net earnings for the six months ended June 30, 2024?
Net earnings for the six months ended June 30, 2024, were $1.06 billion.
What is the company's SIC code?
The Standard Industrial Classification (SIC) code for Huntington Ingalls Industries is 3730 (SHIP & BOAT BUILDING & REPAIRING).
From the Filing
0001501585-24-000036.txt : 20240801 0001501585-24-000036.hdr.sgml : 20240801 20240801110559 ACCESSION NUMBER: 0001501585-24-000036 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 65 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240801 DATE AS OF CHANGE: 20240801 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HUNTINGTON INGALLS INDUSTRIES, INC. CENTRAL INDEX KEY: 0001501585 STANDARD INDUSTRIAL CLASSIFICATION: SHIP & BOAT BUILDING & REPAIRING [3730] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 900607005 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-34910 FILM NUMBER: 241165044 BUSINESS ADDRESS: STREET 1: 4101 WASHINGTON AVENUE STREET 2: 909-7, 7J2 CITY: NEWPORT NEWS STATE: VA ZIP: 23607 BUSINESS PHONE: (757) 380-2000 MAIL ADDRESS: STREET 1: 4101 WASHINGTON AVENUE STREET 2: 909-7, 7J2 CITY: NEWPORT NEWS STATE: VA ZIP: 23607 FORMER COMPANY: FORMER CONFORMED NAME: Huntington Ingalls Industries, Inc. DATE OF NAME CHANGE: 20101124 FORMER COMPANY: FORMER CONFORMED NAME: New Ships, Inc. DATE OF NAME CHANGE: 20101006 FORMER COMPANY: FORMER CONFORMED NAME: NEW S HOLDCO, INC. DATE OF NAME CHANGE: 20100917 10-Q 1 hii-20240630.htm 10-Q hii-20240630 10-Q FALSE 06/30/2024 Q2 2024 HUNTINGTON INGALLS INDUSTRIES, INC. 0001501585 12/31 Large Accelerated Filer FALSE FALSE 39,215,232 2 8 2,494 2,467 1,063 1,009 0.01 0.01 150,000,000 150,000,000 53,710,514 53,595,748 39,260,208 39,618,880 2.60 2.48 1.30 1.24 2 0.1 0.4 0.5 21 21 21 P1Y P2Y 33.33 33.33 33.33 xbrli:shares iso4217:USD iso4217:USD xbrli:shares hii:segments xbrli:pure hii:numberOfReinsurers 0001501585 2024-01-01 2024-06-30 0001501585 2024-07-26 0001501585 us-gaap:ProductMember 2024-04-01 2024-06-30 0001501585 us-gaap:ProductMember 2023-04-01 2023-06-30 0001501585 us-gaap:ProductMember 2024-01-01 2024-06-30 0001501585 us-gaap:ProductMember 2023-01-01 2023-06-30 0001501585 us-gaap:ServiceMember 2024-04-01 2024-06-30 0001501585 us-gaap:ServiceMember 2023-04-01 2023-06-30 0001501585 us-gaap:ServiceMember 2024-01-01 2024-06-30 0001501585 us-gaap:ServiceMember 2023-01-01 2023-06-30 0001501585 2024-04-01 2024-06-30 0001501585 2023-04-01 2023-06-30 0001501585 2023-01-01 2023-06-30 0001501585 2024-06-30 0001501585 2023-12-31 0001501585 2022-12-31 0001501585 2023-06-30 0001501585 us-gaap:CommonStockMember 2023-03-31 0001501585 us-gaap:AdditionalPaidInCapitalMember 2023-03-31 0001501585 us-gaap:RetainedEarningsMember 2023-03-31 0001501585 us-gaap:TreasuryStockCommonMember 2023-03-31 0001501585 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-03-31 0001501585 2023-03-31 0001501585 us-gaap:RetainedEarningsMember 2023-04-01 2023-06-30 0001501585 us-gaap:AdditionalPaidInCapitalMember 2023-04-01 2023-06-30 0001501585 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-04-01 2023-06-30 0001501585 us-gaap:TreasuryStockCommonMember 2023-04-01 2023-06-30 0001501585 us-gaap:CommonStockMember 2023-06-30 0001501585 us-gaap:AdditionalPaidInCapitalMember 2023-06-30 0001501585 us-gaap:RetainedEarningsMember 2023-06-30 0001501585 us-gaap:TreasuryStockCommonMember 2023-06-30 0001501585 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-06-30 0001501585 us-gaap:CommonStockMember 2024-03-31 0001501585 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001501585 us-gaap:RetainedEarningsMember 2024-03-31 0001501585 us-gaap:TreasuryStockCommonMember 2024-03-31 0001501585 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001501585 2024-03-31 0001501585 us-gaap:RetainedEarningsMember 2024-04-01 2024-06-30 0001501585 us-gaap:AdditionalPaidInCapitalMember 2024-04-01 2024-06-30 0001501585 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-04-01 2024-06-30 0001501585 us-gaap:TreasuryStockCommonMember 2024-04-01 2024-06-30 0001501585 us-gaap:CommonStockMember 2024-06-30 0001501585 us-gaap:AdditionalPaidInCapitalMember 2024-06-30 0001501585 us-gaap:RetainedEarningsMember 2024-06-30 0001501585 us-gaap:TreasurySt