Huntington Ingalls Industries Inc (HII)
Pretax margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Earnings before tax but after interest (EBT) | US$ in thousands | 643,000 | 853,000 | 719,000 | 622,000 | 810,000 |
Revenue | US$ in thousands | 11,535,000 | 11,454,000 | 10,676,000 | 9,524,000 | 9,361,000 |
Pretax margin | 5.57% | 7.45% | 6.73% | 6.53% | 8.65% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $643,000K ÷ $11,535,000K
= 5.57%
The pretax margin of Huntington Ingalls Industries Inc has shown a fluctuating trend over the past five years. In December 2020, the pretax margin was 8.65%, which decreased to 6.53% by December 2021. Despite a slight increase to 6.73% in December 2022, the pretax margin improved further to 7.45% by December 2023. However, there was a significant decline to 5.57% by December 2024.
This trend indicates some variability in the company's ability to generate profits before tax relative to its total revenue over the years. It is essential for the company to closely monitor and manage its operating expenses, financial leverage, and overall profitability to ensure sustained financial performance and shareholder value enhancement.
Peer comparison
Dec 31, 2024