Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $9,361 | $9,524 | $10,676 | $11,454 | $11,535 |
| Gross Profit | N/A | N/A | N/A | N/A | N/A |
| Operating Income | $799 | $513 | $565 | $781 | $535 |
| Net Income | $696 | $544 | $579 | $681 | $550 |
Over the past five years, Huntington Ingalls Industries has shown modest revenue growth—from USD 9,361 million in 2020 to USD 11,535 million in 2024—indicating a steady expansion in its core business activities, likely supported by its strong presence in the defense and maritime sectors. However, profitability metrics reveal a more volatile picture. Notably, the operating income experienced a significant decline of roughly 36% from USD 799 million in 2020 to USD 513 million in 2021. Although there was a partial recovery to USD 781 million in 2023, operating income fell again to USD 535 million in 2024. Net income reflected a similar pattern, dropping from USD 696 million in 2020 to USD 544 million in 2021, then recovering in 2023 to USD 681 million before settling at USD 550 million in 2024. The absence of a positive gross profit figure throughout the period suggests either a different reporting treatment or data limitations in the presentation, making it harder to assess the efficiency of the company’s production or service delivery directly. Overall, while revenue growth signals an ability to secure new contracts and maintain market relevance, the fluctuating operating and net income figures point to challenges in managing operational costs and maintaining profitability margins. In an industry characterized by cyclical government spending and rigorous contract requirements, such swings might be driven by changes in project mix, production costs, or adjustments in contract executions. Based solely on these income statement metrics, the company appears to be financially sustainable with stable revenue progression, yet its profitability trends warrant closer monitoring to ensure long-term operational efficiency and resilience in a complex market environment.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.