Huntington Ingalls Industries
Huntington Ingalls Industries returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | — | 7.2% | — | — | 5.33% | — |
| FY 2026 Q1 | Mar 31, 2026 | — | 6.82% | — | — | 4.91% | — |
| FY 2025 Q4 | Dec 31, 2025 | — | 6.97% | — | 12.42% | 4.86% | — |
| FY 2025 Q3 | Sep 30, 2025 | — | 6.86% | — | — | 4.87% | — |
| FY 2025 Q2 | Jun 30, 2025 | — | 6.04% | — | — | 4.49% | — |
| FY 2025 Q1 | Mar 31, 2025 | — | 6.21% | — | — | 4.69% | — |
| FY 2024 Q4 | Dec 31, 2024 | — | 6.17% | — | 12.56% | 4.71% | — |
| FY 2024 Q3 | Sep 30, 2024 | — | 9.48% | — | — | 6.46% | — |
| FY 2024 Q2 | Jun 30, 2024 | — | 10.55% | — | — | 6.75% | — |
| FY 2024 Q1 | Mar 31, 2024 | — | 9.8% | — | — | 6.4% | — |
| FY 2023 Q4 | Dec 31, 2023 | 10.36% | 9.67% | 93.11% | 17.96% | 6.17% | 2.7 pp |
| FY 2023 Q3 | Sep 30, 2023 | 7.44% | 7.39% | -16.02% | — | 4.99% | -0.3 pp |
| FY 2023 Q2 | Jun 30, 2023 | — | 6.63% | — | — | 4.85% | — |
| FY 2023 Q1 | Mar 31, 2023 | — | 7.05% | — | — | 5.31% | — |
| FY 2022 Q4 | Dec 31, 2022 | 7.98% | 6.99% | 1.41% | 18.39% | 5.39% | 0.3 pp |
| FY 2022 Q3 | Sep 30, 2022 | 8.68% | 7.4% | -13.39% | — | 5.48% | 1 pp |
| FY 2022 Q2 | Jun 30, 2022 | — | 8.02% | — | — | 6.25% | — |
| FY 2022 Q1 | Mar 31, 2022 | — | 7.17% | — | — | 5.71% | — |
| FY 2021 Q4 | Dec 31, 2021 | 10.49% | 7.26% | -9.9% | 23.1% | 5.79% | 2.8 pp |
| FY 2021 Q3 | Sep 30, 2021 | 14.43% | 9.85% | 0.45% | — | 7.14% | 6.7 pp |
| FY 2021 Q2 | Jun 30, 2021 | 20.65% | 13.23% | 176.58% | — | 9.14% | 13 pp |
| FY 2021 Q1 | Mar 31, 2021 | 19.32% | 12.76% | — | — | 8.49% | 11.6 pp |
| FY 2020 Q4 | Dec 31, 2020 | 23.38% | 14.43% | 34.4% | 39.9% | 9.17% | 15.7 pp |
| FY 2020 Q3 | Sep 30, 2020 | 17.99% | 11.88% | -22.29% | — | 7.63% | 10.3 pp |
| FY 2020 Q2 | Jun 30, 2020 | 16.47% | 11.74% | -584.37% | — | 6.83% | 8.8 pp |
| FY 2020 Q1 | Mar 31, 2020 | 19.92% | 14.94% | -44.03% | — | 8.25% | 12.2 pp |
| FY 2019 Q4 | Dec 31, 2019 | 22.08% | 15.18% | -94.66% | 35.37% | 8.19% | 14.4 pp |
| FY 2019 Q3 | Sep 30, 2019 | 20.43% | 15.57% | -36.82% | — | 9.15% | 12.7 pp |
| FY 2019 Q2 | Jun 30, 2019 | 23.71% | 16.46% | 7.72% | — | 10.1% | 16 pp |
| FY 2019 Q1 | Mar 31, 2019 | 29.01% | 18.51% | 43.35% | — | 11.93% | 21.3 pp |
| FY 2018 Q4 | Dec 31, 2018 | 33.45% | 19.94% | 126.49% | 51.07% | 13.11% | 25.8 pp |
| FY 2018 Q3 | Sep 30, 2018 | 25.55% | 20.39% | 8.05% | — | 11.12% | 17.9 pp |
| FY 2018 Q2 | Jun 30, 2018 | 25.88% | 18.6% | 9.52% | — | 9.68% | 18.2 pp |
| FY 2018 Q1 | Mar 31, 2018 | 23.49% | 18.07% | -28.94% | — | 8.18% | 15.8 pp |
| FY 2017 Q4 | Dec 31, 2017 | 23.61% | 17.31% | -72.3% | 28.09% | 7.53% | 15.9 pp |
| FY 2017 Q3 | Sep 30, 2017 | 29.7% | 18.72% | 29.28% | — | 10.05% | 22 pp |
| FY 2017 Q2 | Jun 30, 2017 | 28.2% | 17.47% | 30.74% | — | 9.46% | 20.5 pp |
| FY 2017 Q1 | Mar 31, 2017 | 28.18% | 16.99% | 20.9% | — | 9.17% | 20.5 pp |
| FY 2016 Q4 | Dec 31, 2016 | 30.74% | 17.58% | 39.62% | 36.46% | 9.26% | 23 pp |
| FY 2016 Q3 | Sep 30, 2016 | 24.91% | 15.41% | — | — | 7.07% | 17.2 pp |
| FY 2016 Q2 | Jun 30, 2016 | 24.4% | 16.08% | — | — | 7.07% | 16.7 pp |
| FY 2016 Q1 | Mar 31, 2016 | 26.01% | 16.67% | — | — | 7.42% | 18.3 pp |
| FY 2015 Q4 | Dec 31, 2015 | 24.93% | 15.84% | — | 28.3% | 6.57% | 17.2 pp |
| FY 2015 Q3 | Sep 30, 2015 | 20.79% | 15.96% | — | — | 6.67% | 13.1 pp |
| FY 2015 Q2 | Jun 30, 2015 | 19.5% | 15.52% | — | — | 6.31% | 11.8 pp |
| FY 2015 Q1 | Mar 31, 2015 | 18.01% | 13.23% | — | — | 5.39% | 10.3 pp |
| FY 2014 Q4 | Dec 31, 2014 | 20.16% | 13.38% | — | 23.42% | 5.41% | 12.5 pp |
| FY 2014 Q3 | Sep 30, 2014 | 20.17% | 14.03% | 19.6% | — | 6.08% | 12.5 pp |
| FY 2014 Q2 | Jun 30, 2014 | 17.74% | 13.3% | 28.21% | — | 5.77% | 10 pp |
| FY 2014 Q1 | Mar 31, 2014 | 17.16% | 11.59% | 21.33% | — | 4.97% | 9.5 pp |
| FY 2013 Q4 | Dec 31, 2013 | 18.35% | 10.41% | 14.97% | 23.86% | 4.14% | 10.6 pp |
| FY 2013 Q3 | Sep 30, 2013 | 15.05% | 9.35% | — | 22.3% | 3.62% | 7.4 pp |
| FY 2013 Q2 | Jun 30, 2013 | 11.15% | 8.13% | — | 17.57% | 2.77% | 3.4 pp |
| FY 2013 Q1 | Mar 31, 2013 | 11.19% | 7.73% | — | 19.32% | 2.6% | 3.5 pp |
| FY 2012 Q4 | Dec 31, 2012 | 13.32% | 7.43% | — | 18.97% | 2.36% | 5.6 pp |
| FY 2012 Q3 | Sep 30, 2012 | 10.28% | 8.17% | — | 14.87% | 2.82% | 2.6 pp |
| FY 2012 Q2 | Jun 30, 2012 | — | 2.5% | — | -8.15% | -1.67% | — |
| FY 2012 Q1 | Mar 31, 2012 | — | — | — | — | — | — |
| FY 2011 Q4 | Dec 31, 2011 | — | — | — | — | — | — |
| FY 2011 Q3 | Sep 30, 2011 | — | — | — | — | — | — |
| FY 2011 Q2 | Jun 30, 2011 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · HII, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.