Huntington Ingalls Industries Inc (HII)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 549,000 | 612,000 | 687,000 | 798,000 |
| Total stockholders’ equity | US$ in thousands | 4,093,000 | 3,733,000 | 3,646,000 | 3,563,000 | 3,489,000 | 3,048,000 | 2,952,000 | 2,822,000 | 2,808,000 | 2,189,000 | 2,067,000 | 1,979,000 | 1,901,000 | 1,880,000 | 1,678,000 | 1,643,000 | 1,588,000 | 1,705,000 | 1,628,000 | 1,563,000 |
| ROE | 16.64% | 14.20% | 14.26% | 15.94% | 16.60% | 18.90% | 19.82% | 18.99% | 19.37% | 30.74% | 36.19% | 33.96% | 36.61% | 31.70% | 31.47% | 36.70% | 34.57% | 35.89% | 42.20% | 51.06% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $681,000K ÷ $4,093,000K
= 16.64%
Huntington Ingalls Industries Inc's Return on Equity (ROE) has shown some fluctuation over the past eight quarters. The ROE ranged from 14.20% to 19.82% during this period. In Q4 2023, the company reported an ROE of 16.64%, which was slightly lower than the previous quarter's ROE of 14.20%. However, compared to the same quarter in the previous year, there was a slight decrease from 16.60% to 16.64%.
Overall, the company's ROE has remained relatively stable, indicating that Huntington Ingalls Industries Inc is effectively generating profits from shareholders' equity. It is important to continue monitoring the ROE trend to assess the company's performance and profitability in the long term.
Peer comparison
Dec 31, 2023