vs
Side-by-side financial comparison of Eastman Chemical Company (EMN) and Huntington Ingalls Industries (HII). Click either name above to swap in a different company.
Huntington Ingalls Industries is the larger business by last-quarter revenue ($3.5B vs $2.0B, roughly 1.8× Eastman Chemical Company). Eastman Chemical Company runs the higher net margin — 5.3% vs 4.6%, a 0.7% gap on every dollar of revenue. On growth, Huntington Ingalls Industries posted the faster year-over-year revenue change (15.7% vs -13.8%). Over the past eight quarters, Huntington Ingalls Industries's revenue compounded faster (11.3% CAGR vs -8.6%).
Eastman Chemical Company is an American chemical products manufacturer based in Kingsport, Tennessee. Founded in 1920, it was formerly a subsidiary of Kodak until 1994. The company is an independent global specialty materials company that produces a broad range of advanced materials, chemicals and fibers for everyday purposes. It operates 36 manufacturing sites worldwide and employs approximately 14,000 people. In 2023, Eastman had sales revenue of approximately $9.21 billion.
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.
EMN vs HII — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $2.0B | $3.5B |
| Net Profit | $105.0M | $159.0M |
| Gross Margin | 17.1% | — |
| Operating Margin | — | 4.9% |
| Net Margin | 5.3% | 4.6% |
| Revenue YoY | -13.8% | 15.7% |
| Net Profit YoY | -42.3% | 29.3% |
| EPS (diluted) | $0.93 | $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 | $2.0B | — | ||
| Q4 25 | $2.0B | $3.5B | ||
| Q3 25 | $2.2B | $3.2B | ||
| Q2 25 | $2.3B | $3.1B | ||
| Q1 25 | $2.3B | $2.7B | ||
| Q4 24 | $2.2B | $3.0B | ||
| Q3 24 | $2.5B | $2.7B | ||
| Q2 24 | $2.4B | $3.0B |
| Q1 26 | $105.0M | — | ||
| Q4 25 | $105.0M | $159.0M | ||
| Q3 25 | $47.0M | $145.0M | ||
| Q2 25 | $140.0M | $152.0M | ||
| Q1 25 | $182.0M | $149.0M | ||
| Q4 24 | $330.0M | $123.0M | ||
| Q3 24 | $180.0M | $101.0M | ||
| Q2 24 | $230.0M | $173.0M |
| Q1 26 | 17.1% | — | ||
| Q4 25 | 17.1% | — | ||
| Q3 25 | 19.7% | — | ||
| Q2 25 | 22.1% | — | ||
| Q1 25 | 24.8% | — | ||
| Q4 24 | 24.7% | — | ||
| Q3 24 | 24.6% | — | ||
| Q2 24 | 25.3% | — |
| Q1 26 | — | — | ||
| Q4 25 | 0.6% | 4.9% | ||
| Q3 25 | 6.1% | 5.0% | ||
| Q2 25 | 7.4% | 5.3% | ||
| Q1 25 | 11.0% | 5.9% | ||
| Q4 24 | 13.2% | 3.7% | ||
| Q3 24 | 11.4% | 3.0% | ||
| Q2 24 | 12.1% | 6.3% |
| Q1 26 | 5.3% | — | ||
| Q4 25 | 5.3% | 4.6% | ||
| Q3 25 | 2.1% | 4.5% | ||
| Q2 25 | 6.1% | 4.9% | ||
| Q1 25 | 7.9% | 5.4% | ||
| Q4 24 | 14.7% | 4.1% | ||
| Q3 24 | 7.3% | 3.7% | ||
| Q2 24 | 9.7% | 5.8% |
| Q1 26 | $0.93 | — | ||
| Q4 25 | $0.93 | $4.06 | ||
| Q3 25 | $0.40 | $3.68 | ||
| Q2 25 | $1.20 | $3.86 | ||
| Q1 25 | $1.57 | $3.79 | ||
| Q4 24 | $2.81 | $3.15 | ||
| Q3 24 | $1.53 | $2.56 | ||
| Q2 24 | $1.94 | $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 | $566.0M | — |
| Total DebtLower is stronger | — | $2.7B |
| Stockholders' EquityBook value | $6.0B | $5.1B |
| Total Assets | $14.9B | $12.7B |
| Debt / EquityLower = less leverage | — | 0.53× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $566.0M | — | ||
| Q4 25 | $566.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $837.0M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.7B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $2.7B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $6.0B | — | ||
| Q4 25 | $6.0B | $5.1B | ||
| Q3 25 | $5.8B | $5.0B | ||
| Q2 25 | $5.8B | $4.9B | ||
| Q1 25 | $5.9B | $4.8B | ||
| Q4 24 | $5.8B | $4.7B | ||
| Q3 24 | $5.7B | $4.2B | ||
| Q2 24 | $5.6B | $4.2B |
| Q1 26 | $14.9B | — | ||
| Q4 25 | $14.9B | $12.7B | ||
| Q3 25 | $15.0B | $12.3B | ||
| Q2 25 | $15.2B | $12.1B | ||
| Q1 25 | $15.0B | $12.1B | ||
| Q4 24 | $15.2B | $12.1B | ||
| Q3 24 | $15.1B | $11.1B | ||
| Q2 24 | $14.9B | $11.3B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.53× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.58× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $650.0M |
| Free Cash FlowOCF − Capex | — | $516.0M |
| FCF MarginFCF / Revenue | — | 14.8% |
| Capex IntensityCapex / Revenue | — | 3.9% |
| Cash ConversionOCF / Net Profit | — | 4.09× |
| TTM Free Cash FlowTrailing 4 quarters | — | $794.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $502.0M | $650.0M | ||
| Q3 25 | $402.0M | $118.0M | ||
| Q2 25 | $233.0M | $823.0M | ||
| Q1 25 | $-167.0M | $-395.0M | ||
| Q4 24 | $540.0M | $391.0M | ||
| Q3 24 | $396.0M | $213.0M | ||
| Q2 24 | $367.0M | $-9.0M |
| Q1 26 | — | — | ||
| Q4 25 | $390.0M | $516.0M | ||
| Q3 25 | $265.0M | $13.0M | ||
| Q2 25 | $83.0M | $727.0M | ||
| Q1 25 | $-314.0M | $-462.0M | ||
| Q4 24 | $361.0M | $277.0M | ||
| Q3 24 | $276.0M | $125.0M | ||
| Q2 24 | $252.0M | $-99.0M |
| Q1 26 | — | — | ||
| Q4 25 | 19.8% | 14.8% | ||
| Q3 25 | 12.0% | 0.4% | ||
| Q2 25 | 3.6% | 23.6% | ||
| Q1 25 | -13.7% | -16.9% | ||
| Q4 24 | 16.1% | 9.2% | ||
| Q3 24 | 11.2% | 4.5% | ||
| Q2 24 | 10.7% | -3.3% |
| Q1 26 | — | — | ||
| Q4 25 | 5.7% | 3.9% | ||
| Q3 25 | 6.2% | 3.3% | ||
| Q2 25 | 6.6% | 3.1% | ||
| Q1 25 | 6.4% | 2.5% | ||
| Q4 24 | 8.0% | 3.8% | ||
| Q3 24 | 4.9% | 3.2% | ||
| Q2 24 | 4.9% | 3.0% |
| Q1 26 | — | — | ||
| Q4 25 | 4.78× | 4.09× | ||
| Q3 25 | 8.55× | 0.81× | ||
| Q2 25 | 1.66× | 5.41× | ||
| Q1 25 | -0.92× | -2.65× | ||
| Q4 24 | 1.64× | 3.18× | ||
| Q3 24 | 2.20× | 2.11× | ||
| Q2 24 | 1.60× | -0.05× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EMN
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% |