Huntington Ingalls Industries Inc (HII)
Gross profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 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 | 8,300,000 | 8,087,000 | 7,954,000 | 6,193,000 |
| Revenue (ttm) | US$ in thousands | 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 | 8,899,000 | 8,686,000 | 8,550,000 | 8,382,000 |
| Gross profit margin | 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% | 93.27% | 93.10% | 93.03% | 73.88% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $10,368,000K ÷ $11,454,000K
= 90.52%
The gross profit margin for Huntington Ingalls Industries Inc has shown variations over the past eight quarters. It ranged from a low of 13.21% in Q2 2023 to a high of 14.37% in Q4 2023. Despite fluctuations, the gross profit margin has generally been within a relatively narrow range, indicating consistency in the company's ability to generate profits from its core operations. Overall, the trend suggests that Huntington Ingalls Industries Inc has been effective in managing its production and operating costs in relation to its revenues during the period under review.
Peer comparison
Dec 31, 2023
Company name
Symbol
Gross profit margin
Huntington Ingalls Industries Inc
HII
90.52%
General Dynamics Corporation
GD
74.02%