HII Raises FY26 Shipbuilding Outlook After 10.9% Q2 Revenue Jump
HII sits 21% above its 52-week low of $256.45.
Summary
Huntington Ingalls delivered a strong Q2 with revenue up 10.9% year-over-year, driven by higher volumes in aircraft carriers, submarines, and amphibious assault ships. Net earnings and EPS rose sharply, reversing the flat performance seen in Q1. Management raised its full-year shipbuilding revenue guidance to $10.2–$10.4 billion and lifted the low end of its operating margin outlook to 6.0%–6.5%, signaling confidence in sustained demand and throughput. This follows a series of major contract wins, including the $76.6 billion submarine modification announced yesterday, reinforcing a robust multi-year backlog. Free cash flow guidance was reaffirmed at $500–$600 million, providing a solid foundation for capital allocation.
At the time of this announcement, HII was trading at $310.01 on NYSE in the Manufacturing sector, with a market capitalization of approximately $11B. The 52-week trading range was $256.45 to $460.00. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.