The earnings call reflected a mixed outlook. While there were positive developments in operational initiatives, strategic contract wins, and achievements in Mission Technologies, the company faced challenges with revenue decline, shipbuilding delays at Newport News, and negative free cash flow.
Company Guidance
During the HII First Quarter 2025 Earnings Conference Call, several key metrics and guidance points were discussed. The company reported first quarter revenue of $2.7 billion and earnings per share of $3.79, with a backlog totaling $48 billion, of which $28 billion is funded. HII aims to achieve $250 million in annualized cost reductions by the end of the year. The company is focused on improving shipbuilding throughput by 20% year-over-year, although Newport News Shipbuilding faced some delays, particularly with the CVN 80 due to late equipment delivery. HII also reaffirmed its guidance for 2025, projecting significant growth with a forecast of $15 billion in revenue by 2030, as well as margin and free cash flow normalization. Additionally, the company expects to achieve over $50 billion in awards across 2025 and 2026. The first quarter saw segment operating income of $171 million, with a consolidated operating margin of 5.9%. Free cash flow was negative at $462 million, within the guidance range, and the company maintained its 2025 guidance, anticipating second quarter shipbuilding sales of approximately $2.2 billion.
Operational Initiatives Progress
HII made progress against its goal of improving shipbuilding throughput by 20% year-over-year. Ingalls is largely on plan, while Newport News is slightly behind due to atypical weather and equipment delays.
Strategic Contract Wins
HII secured an agreement on the Block V FY 2024 II Built contract and is focusing on future contracts like Block VI and Columbia Build II. The company also announced a partnership with HD Hyundai Heavy Industries to explore collaborations in shipbuilding.
First Quarter Revenue
First quarter revenue was $2.7 billion with earnings per share of $3.79. The company ended the quarter with a backlog of $48 billion, of which $28 billion is funded.
Mission Technologies Achievements
The division delivered Lionfish small uncrewed undersea vehicles to the U.S. Navy and was selected to develop a laser counter-drone system for the U.S. Army. The division also surpassed 700 Remus Uncrewed underwater vehicles sold.
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Huntington Ingalls (HII) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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HII Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 01, 2025
$230.34
$227.48
-1.24%
Feb 06, 2025
$194.06
$158.51
-18.32%
Oct 31, 2024
$246.87
$182.28
-26.16%
Aug 01, 2024
$274.66
$261.93
-4.63%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Huntington Ingalls Industries (HII) report earnings?
Huntington Ingalls Industries (HII) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is Huntington Ingalls Industries (HII) earnings time?
Huntington Ingalls Industries (HII) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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