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Side-by-side financial comparison of Danaher Corporation (DHR) and Huntington Ingalls Industries (HII). Click either name above to swap in a different company.
Danaher Corporation is the larger business by last-quarter revenue ($6.0B vs $3.5B, roughly 1.7× Huntington Ingalls Industries). Danaher Corporation runs the higher net margin — 17.3% vs 4.6%, a 12.7% gap on every dollar of revenue. On growth, Huntington Ingalls Industries posted the faster year-over-year revenue change (15.7% vs 3.7%). Danaher Corporation produced more free cash flow last quarter ($1.1B vs $516.0M). Over the past eight quarters, Huntington Ingalls Industries's revenue compounded faster (11.3% CAGR vs 1.8%).
Danaher CorporationDHREarnings & Financial Report
Danaher Corporation is an American healthcare company headquartered in Washington, D.C.. It develops products used for advances in biotechnology, life sciences, and diagnostics. The company operates three divisions: biotechnology, which develops products for the development of therapeutics; life sciences, which develops products to identify causes of disease, new therapies, and to test and manufacture new drugs, vaccines and gene editing technologies; and diagnostics, which develops instruments,...
Huntington Ingalls Industries, Inc. (HII) is the largest military shipbuilding company in the United States as well as a provider of professional services to partners in government and industry. HII was formed on 31 March 2011, as a divestiture from Northrop Grumman.
DHR vs HII — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $6.0B | $3.5B |
| Net Profit | $1.0B | $159.0M |
| Gross Margin | 60.3% | — |
| Operating Margin | 22.6% | 4.9% |
| Net Margin | 17.3% | 4.6% |
| Revenue YoY | 3.7% | 15.7% |
| Net Profit YoY | 7.9% | 29.3% |
| EPS (diluted) | $1.45 | $4.06 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $6.0B | — | ||
| Q4 25 | $6.8B | $3.5B | ||
| Q3 25 | $6.1B | $3.2B | ||
| Q2 25 | $5.9B | $3.1B | ||
| Q1 25 | $5.7B | $2.7B | ||
| Q4 24 | $6.5B | $3.0B | ||
| Q3 24 | $5.8B | $2.7B | ||
| Q2 24 | $5.7B | $3.0B |
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.2B | $159.0M | ||
| Q3 25 | $908.0M | $145.0M | ||
| Q2 25 | $555.0M | $152.0M | ||
| Q1 25 | $954.0M | $149.0M | ||
| Q4 24 | $1.1B | $123.0M | ||
| Q3 24 | $818.0M | $101.0M | ||
| Q2 24 | $907.0M | $173.0M |
| Q1 26 | 60.3% | — | ||
| Q4 25 | 58.0% | — | ||
| Q3 25 | 58.2% | — | ||
| Q2 25 | 59.3% | — | ||
| Q1 25 | 61.2% | — | ||
| Q4 24 | 59.5% | — | ||
| Q3 24 | 58.7% | — | ||
| Q2 24 | 59.7% | — |
| Q1 26 | 22.6% | — | ||
| Q4 25 | 22.0% | 4.9% | ||
| Q3 25 | 19.1% | 5.0% | ||
| Q2 25 | 12.8% | 5.3% | ||
| Q1 25 | 22.2% | 5.9% | ||
| Q4 24 | 21.8% | 3.7% | ||
| Q3 24 | 16.5% | 3.0% | ||
| Q2 24 | 20.3% | 6.3% |
| Q1 26 | 17.3% | — | ||
| Q4 25 | 17.5% | 4.6% | ||
| Q3 25 | 15.0% | 4.5% | ||
| Q2 25 | 9.3% | 4.9% | ||
| Q1 25 | 16.6% | 5.4% | ||
| Q4 24 | 16.6% | 4.1% | ||
| Q3 24 | 14.1% | 3.7% | ||
| Q2 24 | 15.8% | 5.8% |
| Q1 26 | $1.45 | — | ||
| Q4 25 | $1.69 | $4.06 | ||
| Q3 25 | $1.27 | $3.68 | ||
| Q2 25 | $0.77 | $3.86 | ||
| Q1 25 | $1.32 | $3.79 | ||
| Q4 24 | $1.50 | $3.15 | ||
| Q3 24 | $1.12 | $2.56 | ||
| Q2 24 | $1.22 | $4.38 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | — |
| Total DebtLower is stronger | — | $2.7B |
| Stockholders' EquityBook value | — | $5.1B |
| Total Assets | — | $12.7B |
| Debt / EquityLower = less leverage | — | 0.53× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $18.4B | $2.7B | ||
| Q3 25 | $16.9B | — | ||
| Q2 25 | $17.4B | — | ||
| Q1 25 | $16.5B | — | ||
| Q4 24 | $16.0B | $2.7B | ||
| Q3 24 | $17.5B | — | ||
| Q2 24 | $17.0B | — |
| Q1 26 | — | — | ||
| Q4 25 | $52.5B | $5.1B | ||
| Q3 25 | $51.1B | $5.0B | ||
| Q2 25 | $52.3B | $4.9B | ||
| Q1 25 | $50.8B | $4.8B | ||
| Q4 24 | $49.5B | $4.7B | ||
| Q3 24 | $51.3B | $4.2B | ||
| Q2 24 | $49.9B | $4.2B |
| Q1 26 | — | — | ||
| Q4 25 | $83.5B | $12.7B | ||
| Q3 25 | $79.9B | $12.3B | ||
| Q2 25 | $81.6B | $12.1B | ||
| Q1 25 | $79.1B | $12.1B | ||
| Q4 24 | $77.5B | $12.1B | ||
| Q3 24 | $80.6B | $11.1B | ||
| Q2 24 | $78.6B | $11.3B |
| Q1 26 | — | — | ||
| Q4 25 | 0.35× | 0.53× | ||
| Q3 25 | 0.33× | — | ||
| Q2 25 | 0.33× | — | ||
| Q1 25 | 0.32× | — | ||
| Q4 24 | 0.32× | 0.58× | ||
| Q3 24 | 0.34× | — | ||
| Q2 24 | 0.34× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.3B | $650.0M |
| Free Cash FlowOCF − Capex | $1.1B | $516.0M |
| FCF MarginFCF / Revenue | 18.2% | 14.8% |
| Capex IntensityCapex / Revenue | 4.0% | 3.9% |
| Cash ConversionOCF / Net Profit | 1.28× | 4.09× |
| TTM Free Cash FlowTrailing 4 quarters | $5.3B | $794.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.3B | — | ||
| Q4 25 | $2.1B | $650.0M | ||
| Q3 25 | $1.7B | $118.0M | ||
| Q2 25 | $1.3B | $823.0M | ||
| Q1 25 | $1.3B | $-395.0M | ||
| Q4 24 | $2.0B | $391.0M | ||
| Q3 24 | $1.5B | $213.0M | ||
| Q2 24 | $1.4B | $-9.0M |
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.7B | $516.0M | ||
| Q3 25 | $1.4B | $13.0M | ||
| Q2 25 | $1.1B | $727.0M | ||
| Q1 25 | $1.1B | $-462.0M | ||
| Q4 24 | $1.5B | $277.0M | ||
| Q3 24 | $1.2B | $125.0M | ||
| Q2 24 | $1.1B | $-99.0M |
| Q1 26 | 18.2% | — | ||
| Q4 25 | 25.5% | 14.8% | ||
| Q3 25 | 22.6% | 0.4% | ||
| Q2 25 | 18.4% | 23.6% | ||
| Q1 25 | 18.4% | -16.9% | ||
| Q4 24 | 23.0% | 9.2% | ||
| Q3 24 | 21.0% | 4.5% | ||
| Q2 24 | 19.7% | -3.3% |
| Q1 26 | 4.0% | — | ||
| Q4 25 | 5.4% | 3.9% | ||
| Q3 25 | 4.8% | 3.3% | ||
| Q2 25 | 4.2% | 3.1% | ||
| Q1 25 | 4.3% | 2.5% | ||
| Q4 24 | 7.9% | 3.8% | ||
| Q3 24 | 5.1% | 3.2% | ||
| Q2 24 | 5.0% | 3.0% |
| Q1 26 | 1.28× | — | ||
| Q4 25 | 1.77× | 4.09× | ||
| Q3 25 | 1.83× | 0.81× | ||
| Q2 25 | 2.41× | 5.41× | ||
| Q1 25 | 1.36× | -2.65× | ||
| Q4 24 | 1.86× | 3.18× | ||
| Q3 24 | 1.85× | 2.11× | ||
| Q2 24 | 1.56× | -0.05× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DHR
Segment breakdown not available.
HII
| Aircraftcarriers | $984.0M | 28% |
| Fixedpriceincentive | $758.0M | 22% |
| Submarines | $744.0M | 21% |
| Surfacecombatantsandcoastguardcutters | $452.0M | 13% |
| Amphibiousassaultships | $433.0M | 12% |
| Costtype | $123.0M | 4% |
| Otherprograms | $4.0M | 0% |
