Huntington Ingalls Industries Inc (HII)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 10,508,000 | 10,599,000 | 10,665,000 | 10,492,000 | 10,368,000 | 10,075,000 | 9,894,000 | 9,780,000 | 9,682,000 | 9,518,000 | 9,226,000 | 8,805,000 | 8,540,000 | 8,920,000 | 8,909,000 | 8,693,000 | 8,672,000 | 8,327,000 | 8,246,000 | 8,440,000 |
| Revenue (ttm) | US$ in thousands | 11,535,000 | 11,708,000 | 11,775,000 | 11,585,000 | 11,454,000 | 11,089,000 | 10,899,000 | 10,774,000 | 10,676,000 | 10,541,000 | 10,253,000 | 9,822,000 | 9,524,000 | 9,604,000 | 9,580,000 | 9,376,000 | 9,361,000 | 9,016,000 | 8,921,000 | 9,082,000 |
| Gross profit margin | 91.10% | 90.53% | 90.57% | 90.57% | 90.52% | 90.86% | 90.78% | 90.77% | 90.69% | 90.30% | 89.98% | 89.65% | 89.67% | 92.88% | 93.00% | 92.72% | 92.64% | 92.36% | 92.43% | 92.93% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $10,508,000K ÷ $11,535,000K
= 91.10%
The gross profit margin of Huntington Ingalls Industries Inc has shown a relatively stable trend over the period from March 31, 2020, to December 31, 2024, with minor fluctuations around the high 90% range initially, followed by a gradual decrease in recent quarters. The margin ranged from a high of 93.00% in June 30, 2021, to a low of 89.67% in December 31, 2021.
Despite some fluctuations, the gross profit margin remained relatively high, indicating effective cost management and pricing strategies during this period. The company maintained a strong performance in generating profits from its core operations, as reflected by consistently high gross profit margins above 89%.
However, a slight decline in the gross profit margin is observed in the more recent quarters, dropping from 91.10% in December 31, 2024, to 90.53% in September 30, 2024. This could suggest potential challenges in managing production costs or potentially pricing pressures affecting the company's profitability.
Overall, Huntington Ingalls Industries Inc has demonstrated a strong ability to maintain consistently high gross profit margins, which is indicative of efficient production processes and effective pricing strategies, despite some recent downward trends. It will be important for the company to closely monitor and address any factors contributing to the decline in gross profit margin to sustain its profitability in the future.
Peer comparison
Dec 31, 2024