Huntington Ingalls Industries Inc (HII)

Pretax 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
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 853,000 680,000 653,000 706,000 719,000 707,000 686,000 625,000 622,000 778,000 863,000 767,000 810,000 679,000 651,000 750,000 683,000 730,000 827,000 925,000
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
Pretax margin 7.45% 6.13% 5.99% 6.55% 6.73% 6.71% 6.69% 6.36% 6.53% 8.10% 9.01% 8.18% 8.65% 7.53% 7.30% 8.26% 7.68% 8.40% 9.67% 11.04%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $853,000K ÷ $11,454,000K
= 7.45%

The pretax margin for Huntington Ingalls Industries Inc fluctuated within a relatively narrow range over the past eight quarters, ranging from 5.99% to 7.45%. In general, the company has maintained a consistent level of profitability before taxes, with Q4 2023 showing the highest pretax margin at 7.45% and Q2 2023 indicating the lowest at 5.99%. This suggests that the company has been effective in managing its operating expenses and generating profits before accounting for taxes. Overall, Huntington Ingalls Industries Inc has demonstrated stable performance in terms of pretax margin, showcasing its ability to efficiently convert revenue into pre-tax profits over the analyzed period.


Peer comparison

Dec 31, 2023

Company name
Symbol
Pretax margin
Huntington Ingalls Industries Inc
HII
7.45%
General Dynamics Corporation
GD
9.40%