Huntington Ingalls Industries Inc (HII)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 550,000 | 701,000 | 748,000 | 705,000 | 681,000 | 530,000 | 520,000 | 568,000 | 579,000 | 576,000 | 585,000 | 536,000 | 544,000 | 673,000 | 748,000 | 672,000 | 696,000 | 596,000 | 528,000 | 603,000 |
| Total assets | US$ in thousands | 12,141,000 | 11,082,000 | 11,310,000 | 11,167,000 | 11,215,000 | 10,621,000 | 10,859,000 | 10,849,000 | 10,857,000 | 10,615,000 | 10,586,000 | 10,557,000 | 10,627,000 | 10,400,000 | 8,132,000 | 8,214,000 | 8,157,000 | 8,445,000 | 8,233,000 | 7,615,000 |
| ROA | 4.53% | 6.33% | 6.61% | 6.31% | 6.07% | 4.99% | 4.79% | 5.24% | 5.33% | 5.43% | 5.53% | 5.08% | 5.12% | 6.47% | 9.20% | 8.18% | 8.53% | 7.06% | 6.41% | 7.92% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $550,000K ÷ $12,141,000K
= 4.53%
The Return on Assets (ROA) of Huntington Ingalls Industries Inc has fluctuated over the periods analyzed. The ROA was relatively stable around 7-8% from March 2020 to June 2021, indicating the company was generating around 7-8 cents of profit for every dollar of assets.
However, there was a notable increase in ROA to 9.20% by June 2021, suggesting improved efficiency in asset utilization. Subsequently, the ROA started to decline, reaching a low of 4.79% by June 2023, indicating the company was less effective in generating earnings from its assets during that period.
Although there was a slight recovery towards the end of the period, with the ROA increasing to 6.33% by September 2024, it ultimately dropped to 4.53% by December 2024. This downward trend may indicate challenges in asset management or declining profitability relative to the size of the asset base.
In conclusion, the ROA trend of Huntington Ingalls Industries Inc reflects fluctuations in the company's ability to generate profits from its assets, with potential areas for improvement in asset efficiency and profitability management.
Peer comparison
Dec 31, 2024