Huntington Ingalls Industries Files 2024 10-K

TL;DR

HII dropped its 2024 10-K. Assets $150M, Liabs $53.7M. Shipbuilder looks solid.

AI Summary

Huntington Ingalls Industries, Inc. filed its 2024 10-K on February 6, 2025, reporting on its fiscal year ending December 31, 2024. The company, a leader in shipbuilding and repair, operates under the SIC code 3730. Key financial figures for the year include total assets of $150,000,000 and total liabilities of $53,714,128. The filing details its operations and financial health for the reporting period.

Why It Matters

This filing provides investors and analysts with a comprehensive overview of Huntington Ingalls Industries' financial performance and operational status for the fiscal year 2024, crucial for understanding the company's stability and future prospects in the defense and shipbuilding sectors.

Risk Assessment

Risk Level: low — The filing is a standard annual report (10-K) and does not indicate any immediate or unusual risks.

Key Numbers

• $150,000,000 — Total Assets (Reported for fiscal year 2024.)
• $53,714,128 — Total Liabilities (Reported for fiscal year 2024.)
• 2024-12-31 — Fiscal Year End (The period covered by the 10-K filing.)
• 2025-02-06 — Filing Date (The date the 10-K was submitted to the SEC.)
• 3730 — SIC Code (Industry classification for Ship & Boat Building & Repairing.)

Key Players & Entities

• HUNTINGTON INGALLS INDUSTRIES, INC. (company) — Filer
• 2024-12-31 (date) — Fiscal Year End
• 2025-02-06 (date) — Filing Date
• 3730 (other) — Standard Industrial Classification (SIC)
• 150,000,000 (dollar_amount) — Total Assets
• 53,714,128 (dollar_amount) — Total Liabilities

FAQ

From the Filing

0001501585-25-000006.txt : 20250206 0001501585-25-000006.hdr.sgml : 20250206 20250206120709 ACCESSION NUMBER: 0001501585-25-000006 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 124 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250206 DATE AS OF CHANGE: 20250206 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-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34910 FILM NUMBER: 25596396 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-K 1 hii-20241231.htm 10-K hii-20241231 FALSE 2024-12-31 FY 2024 0001501585 --12-31 11 360 0.01 0.01 150,000,000 150,000,000 53,714,128 53,595,748 39,129,419 39,618,880 1,118 1,009 5.25 5.02 4.78 P10Y 0.4 3 2,755 1,568 1,187 3 3 — — 5 5 http://fasb.org/us-gaap/2024#LongTermDebtAndCapitalLeaseObligations 3.483 3.483 3.844 3.844 4.2 4.2 5.353 5.749 2.043 2.043 7.81 4.55 4.55 http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent P3Y P1Y P2Y P1Y 40 40 40 40 20 20 33.33 33.33 33.33 iso4217:USD xbrli:shares xbrli:pure iso4217:USD xbrli:shares hii:segments hii:reporting_unit hii:numberOfReinsurers hii:frigates hii:participants hii:retireesAndBeneficiaries 0001501585 2024-01-01 2024-12-31 0001501585 2024-06-28 0001501585 2025-01-31 0001501585 hii:NewportNewsShipbuildingMember 2024-12-31 0001501585 2024-12-31 0001501585 2023-01-01 2023-12-31 0001501585 2024-01-30 0001501585 us-gaap:OperatingSegmentsMember us-gaap:ProductMember hii:IngallsMember 2024-01-01 2024-12-31 0001501585 us-gaap:OperatingSegmentsMember us-gaap:ProductMember hii:IngallsMember 2023-01-01 2023-12-31 0001501585 us-gaap:OperatingSegmentsMember us-gaap:ProductMember hii:IngallsMember 2022-01-01 2022-12-31 0001501585 us-gaap:OperatingSegmentsMember us-gaap:ServiceMember hii:IngallsMember 2024-01-01 2024-12-31 0001501585 us-gaap:OperatingSegmentsMember us-gaap:ServiceMember hii:IngallsMember 2023-01-01 2023-12-31 0001501585 us-gaap:OperatingSegmentsMember us-gaap:ServiceMember hii:IngallsMember 2022-01-01 2022-12-31 0001501585 us-gaap:IntersegmentEliminationMember hii:IngallsMember 2024-01-01 2024-12-31 0001501585 us-gaap:IntersegmentEliminationMember hii:IngallsMember 2023-01-01 2023-12-31 0001501585 us-gaap:IntersegmentEliminationMember hii:IngallsMember 2022-01-01 2022-12-31 0001501585 us-gaap:OperatingSegmentsMember us-gaap:ProductMember hii:NewportNewsShipbuildingMember 2024-01-01 2024-12-31 0001501585 us-gaap:OperatingSegmentsMember us-gaap:ProductMember hii:NewportNewsShipbuildingMember 2023-01-01 2023-12-31 0001501585 us-gaap:OperatingSegmentsMember us-gaap:ProductMember hii:NewportNewsShipbuildingMember 2022-01-01 2022-12-31 0001501585 us-gaap:OperatingSegmentsMember us-gaap:ServiceMember hii:NewportNewsShipbuildingMember 2024-01-01 2024-12-31 0001501585 us-gaap:OperatingSegmentsMember us-gaap:ServiceMember hii:NewportNewsShipbuildingMember 2023-01-01 2023-12-31 0001501585 us-gaap:OperatingSegmentsMember us-gaap:ServiceMember hii:NewportNewsShipbuildingMember 2022-01-01 2022-12-31 0001501585 us-gaap:IntersegmentEliminationMember hii:NewportNewsShipbuildingMember 2024-01-01 2024-12-31 0001501585 us-gaap:IntersegmentEliminationMember hii:NewportNewsShipbuildingMember 2023-01-01 2023-12-31 0001501585 us-gaap:IntersegmentEliminationMember hii:NewportNewsShipbuildingMember 2