# Huntington Ingalls Industries (HII) Forecast Calculator

Interactive five-year financial forecast and DCF for Huntington Ingalls Industries. Adjust revenue growth, margins, capex, and WACC to update revenue, free cash flow, and enterprise value.

- Canonical: https://finamodel.com/companies/huntington-ingalls-industries/forecast
- Industry: Industrials
- Forecast start year: 2026

## Historical data

| Year | Revenue | Free cash flow | EBITDA | Net income |
|---:|---:|---:|---:|---:|
| 2021 | 8899000000 | 366000000 | 963000000 | 549000000 |
| 2022 | 9361000000 | 740000000 | 1046000000 | 696000000 |
| 2023 | 9524000000 | 429000000 | 806000000 | 544000000 |
| 2024 | 10676000000 | 482000000 | 923000000 | 579000000 |
| 2025 | 11454000000 | 678000000 | 1128000000 | 681000000 |

## Frequently asked questions

### What is Huntington Ingalls Industries' primary business?

Huntington Ingalls Industries (HII) is the largest military shipbuilding company in the United States, specializing in building U.S. Navy aircraft carriers and nuclear-powered submarines. Additionally, HII provides professional services to government and industry partners through its Mission Technologies segment.

### How does Huntington Ingalls Industries generate revenue?

HII generates revenue primarily through long-term government contracts for shipbuilding, with high visibility due to the nature of these agreements. Its three main segments are Newport News Shipbuilding, Ingalls Shipbuilding, and Mission Technologies, with the U.S. Department of Defense being its key customer.

### What is the capital expenditure strategy for Huntington Ingalls Industries?

Huntington Ingalls Industries' capital expenditure is projected to be around 3.0% - 3.5% of revenue, with roughly 60% allocated to growth and capacity expansion. This includes investments in new submarine module facilities and NNS-Charleston Operations.

### What is the projected revenue growth rate assumption for Huntington Ingalls Industries in the financial model?

The financial model for Huntington Ingalls Industries assumes a revenue growth rate of approximately 6.51% (Revenue_Growth=0.06513337469353786). This growth is driven by backlog conversion and shipbuilding contract execution.

### What are the key inputs for valuing Huntington Ingalls Industries using a DCF model?

Key inputs for a DCF valuation of Huntington Ingalls Industries include projections for long-term cash flows, which are based on backlog conversion, shipbuilding contract execution, and margin expansion. The model also considers assumptions like COGS as a percentage of revenue and the effective tax rate.

### Where can I download a financial model for Huntington Ingalls Industries?

A comprehensive equity valuation and operational forecast model for Huntington Ingalls Industries (HII) is available for download. This Excel model covers a forecast horizon from FY2026 to FY2030.