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Side-by-side financial comparison of Huntington Ingalls Industries (HII) and KeyCorp (KEY). 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 1.7× KeyCorp). KeyCorp runs the higher net margin — 25.4% vs 4.6%, a 20.9% gap on every dollar of revenue. On growth, KeyCorp posted the faster year-over-year revenue change (131.8% vs 15.7%). KeyCorp produced more free cash flow last quarter ($2.1B vs $516.0M). Over the past eight quarters, KeyCorp's revenue compounded faster (14.4% CAGR vs 11.3%).
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.
Key is a Japanese visual novel studio known for making dramatic and plot-oriented titles. It was formed on July 21, 1998, as a brand under the publisher Visual Arts, and is located in Kita, Osaka.
HII vs KEY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $3.5B | $2.0B |
| Net Profit | $159.0M | $510.0M |
| Gross Margin | — | — |
| Operating Margin | 4.9% | 32.3% |
| Net Margin | 4.6% | 25.4% |
| Revenue YoY | 15.7% | 131.8% |
| Net Profit YoY | 29.3% | 309.0% |
| EPS (diluted) | $4.06 | $0.43 |
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.
| Q4 25 | $3.5B | $2.0B | ||
| Q3 25 | $3.2B | $1.9B | ||
| Q2 25 | $3.1B | $1.8B | ||
| Q1 25 | $2.7B | $1.8B | ||
| Q4 24 | $3.0B | $865.0M | ||
| Q3 24 | $2.7B | $695.0M | ||
| Q2 24 | $3.0B | $1.5B | ||
| Q1 24 | $2.8B | $1.5B |
| Q4 25 | $159.0M | $510.0M | ||
| Q3 25 | $145.0M | $489.0M | ||
| Q2 25 | $152.0M | $425.0M | ||
| Q1 25 | $149.0M | $405.0M | ||
| Q4 24 | $123.0M | $-244.0M | ||
| Q3 24 | $101.0M | $-410.0M | ||
| Q2 24 | $173.0M | $274.0M | ||
| Q1 24 | $153.0M | $219.0M |
| Q4 25 | 4.9% | 32.3% | ||
| Q3 25 | 5.0% | 31.8% | ||
| Q2 25 | 5.3% | 29.3% | ||
| Q1 25 | 5.9% | 29.0% | ||
| Q4 24 | 3.7% | -92.6% | ||
| Q3 24 | 3.0% | -72.8% | ||
| Q2 24 | 6.3% | 22.0% | ||
| Q1 24 | 5.5% | 18.1% |
| Q4 25 | 4.6% | 25.4% | ||
| Q3 25 | 4.5% | 25.8% | ||
| Q2 25 | 4.9% | 23.1% | ||
| Q1 25 | 5.4% | 22.8% | ||
| Q4 24 | 4.1% | -54.7% | ||
| Q3 24 | 3.7% | -59.0% | ||
| Q2 24 | 5.8% | 18.0% | ||
| Q1 24 | 5.5% | 14.3% |
| Q4 25 | $4.06 | $0.43 | ||
| Q3 25 | $3.68 | $0.41 | ||
| Q2 25 | $3.86 | $0.35 | ||
| Q1 25 | $3.79 | $0.33 | ||
| Q4 24 | $3.15 | $-0.30 | ||
| Q3 24 | $2.56 | $-0.47 | ||
| Q2 24 | $4.38 | $0.25 | ||
| Q1 24 | $3.87 | $0.20 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $10.2B |
| Total DebtLower is stronger | $2.7B | $9.9B |
| Stockholders' EquityBook value | $5.1B | $20.4B |
| Total Assets | $12.7B | $184.4B |
| Debt / EquityLower = less leverage | 0.53× | 0.49× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $10.2B | ||
| Q3 25 | — | $13.3B | ||
| Q2 25 | — | $11.6B | ||
| Q1 25 | — | $15.3B | ||
| Q4 24 | — | $17.5B | ||
| Q3 24 | — | $22.8B | ||
| Q2 24 | — | $15.5B | ||
| Q1 24 | $10.0M | $13.2B |
| Q4 25 | $2.7B | $9.9B | ||
| Q3 25 | — | $10.9B | ||
| Q2 25 | — | $12.1B | ||
| Q1 25 | — | $12.4B | ||
| Q4 24 | $2.7B | $12.1B | ||
| Q3 24 | — | $15.7B | ||
| Q2 24 | — | $16.9B | ||
| Q1 24 | — | $20.8B |
| Q4 25 | $5.1B | $20.4B | ||
| Q3 25 | $5.0B | $20.1B | ||
| Q2 25 | $4.9B | $19.5B | ||
| Q1 25 | $4.8B | $19.0B | ||
| Q4 24 | $4.7B | $18.2B | ||
| Q3 24 | $4.2B | $16.9B | ||
| Q2 24 | $4.2B | $14.8B | ||
| Q1 24 | $4.1B | $14.5B |
| Q4 25 | $12.7B | $184.4B | ||
| Q3 25 | $12.3B | $187.4B | ||
| Q2 25 | $12.1B | $185.5B | ||
| Q1 25 | $12.1B | $188.7B | ||
| Q4 24 | $12.1B | $187.2B | ||
| Q3 24 | $11.1B | $189.8B | ||
| Q2 24 | $11.3B | $187.4B | ||
| Q1 24 | $11.2B | $187.5B |
| Q4 25 | 0.53× | 0.49× | ||
| Q3 25 | — | 0.54× | ||
| Q2 25 | — | 0.62× | ||
| Q1 25 | — | 0.65× | ||
| Q4 24 | 0.58× | 0.67× | ||
| Q3 24 | — | 0.93× | ||
| Q2 24 | — | 1.14× | ||
| Q1 24 | — | 1.43× |
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 | $2.2B |
| Free Cash FlowOCF − Capex | $516.0M | $2.1B |
| FCF MarginFCF / Revenue | 14.8% | 104.8% |
| Capex IntensityCapex / Revenue | 3.9% | 5.3% |
| Cash ConversionOCF / Net Profit | 4.09× | 4.33× |
| TTM Free Cash FlowTrailing 4 quarters | $794.0M | $3.5B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $650.0M | $2.2B | ||
| Q3 25 | $118.0M | $396.0M | ||
| Q2 25 | $823.0M | $1.2B | ||
| Q1 25 | $-395.0M | $-140.0M | ||
| Q4 24 | $391.0M | $664.0M | ||
| Q3 24 | $213.0M | $-1.2B | ||
| Q2 24 | $-9.0M | $-217.0M | ||
| Q1 24 | $-202.0M | $359.0M |
| Q4 25 | $516.0M | $2.1B | ||
| Q3 25 | $13.0M | $367.0M | ||
| Q2 25 | $727.0M | $1.2B | ||
| Q1 25 | $-462.0M | $-150.0M | ||
| Q4 24 | $277.0M | $599.0M | ||
| Q3 24 | $125.0M | $-1.2B | ||
| Q2 24 | $-99.0M | $-230.0M | ||
| Q1 24 | $-277.0M | $347.0M |
| Q4 25 | 14.8% | 104.8% | ||
| Q3 25 | 0.4% | 19.4% | ||
| Q2 25 | 23.6% | 65.8% | ||
| Q1 25 | -16.9% | -8.5% | ||
| Q4 24 | 9.2% | 69.2% | ||
| Q3 24 | 4.5% | -175.8% | ||
| Q2 24 | -3.3% | -15.1% | ||
| Q1 24 | -9.9% | 22.6% |
| Q4 25 | 3.9% | 5.3% | ||
| Q3 25 | 3.3% | 1.5% | ||
| Q2 25 | 3.1% | 1.3% | ||
| Q1 25 | 2.5% | 0.6% | ||
| Q4 24 | 3.8% | 7.5% | ||
| Q3 24 | 3.2% | 2.4% | ||
| Q2 24 | 3.0% | 0.9% | ||
| Q1 24 | 2.7% | 0.8% |
| Q4 25 | 4.09× | 4.33× | ||
| Q3 25 | 0.81× | 0.81× | ||
| Q2 25 | 5.41× | 2.90× | ||
| Q1 25 | -2.65× | -0.35× | ||
| Q4 24 | 3.18× | — | ||
| Q3 24 | 2.11× | — | ||
| Q2 24 | -0.05× | -0.79× | ||
| Q1 24 | -1.32× | 1.64× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
KEY
Segment breakdown not available.
