vs
Side-by-side financial comparison of Huntington Ingalls Industries (HII) and KKR & Co. (KKR). Click either name above to swap in a different company.
KKR & Co. is the larger business by last-quarter revenue ($5.7B vs $3.5B, roughly 1.7× Huntington Ingalls Industries). KKR & Co. runs the higher net margin — 20.0% vs 4.6%, a 15.4% gap on every dollar of revenue. On growth, KKR & Co. posted the faster year-over-year revenue change (76.1% vs 15.7%). Over the past eight quarters, Huntington Ingalls Industries's revenue compounded faster (11.3% CAGR vs -22.9%).
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.
KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global private equity and investment company. As of December 31, 2024, the firm had completed 770 private-equity investments with approximately $790 billion of total enterprise value. Its assets under management (AUM) and fee paying assets under management (FPAUM) were $553 billion and $446 billion, respectively.
HII vs KKR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $3.5B | $5.7B |
| Net Profit | $159.0M | $1.1B |
| Gross Margin | — | — |
| Operating Margin | 4.9% | 45.3% |
| Net Margin | 4.6% | 20.0% |
| Revenue YoY | 15.7% | 76.1% |
| Net Profit YoY | 29.3% | 1.8% |
| EPS (diluted) | $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.
| Q4 25 | $3.5B | $5.7B | ||
| Q3 25 | $3.2B | $5.5B | ||
| Q2 25 | $3.1B | $5.1B | ||
| Q1 25 | $2.7B | $3.1B | ||
| Q4 24 | $3.0B | $3.3B | ||
| Q3 24 | $2.7B | $4.8B | ||
| Q2 24 | $3.0B | $4.2B | ||
| Q1 24 | $2.8B | $9.7B |
| Q4 25 | $159.0M | $1.1B | ||
| Q3 25 | $145.0M | $900.4M | ||
| Q2 25 | $152.0M | $510.1M | ||
| Q1 25 | $149.0M | $-185.9M | ||
| Q4 24 | $123.0M | $1.1B | ||
| Q3 24 | $101.0M | $600.5M | ||
| Q2 24 | $173.0M | $667.9M | ||
| Q1 24 | $153.0M | $682.2M |
| Q4 25 | 4.9% | 45.3% | ||
| Q3 25 | 5.0% | 39.8% | ||
| Q2 25 | 5.3% | 30.0% | ||
| Q1 25 | 5.9% | 24.8% | ||
| Q4 24 | 3.7% | 50.4% | ||
| Q3 24 | 3.0% | 34.3% | ||
| Q2 24 | 6.3% | 29.0% | ||
| Q1 24 | 5.5% | 14.1% |
| Q4 25 | 4.6% | 20.0% | ||
| Q3 25 | 4.5% | 16.3% | ||
| Q2 25 | 4.9% | 10.0% | ||
| Q1 25 | 5.4% | -6.0% | ||
| Q4 24 | 4.1% | 34.5% | ||
| Q3 24 | 3.7% | 12.5% | ||
| Q2 24 | 5.8% | 16.0% | ||
| Q1 24 | 5.5% | 7.1% |
| Q4 25 | $4.06 | — | ||
| Q3 25 | $3.68 | — | ||
| Q2 25 | $3.86 | — | ||
| Q1 25 | $3.79 | — | ||
| Q4 24 | $3.15 | — | ||
| Q3 24 | $2.56 | — | ||
| Q2 24 | $4.38 | — | ||
| Q1 24 | $3.87 | — |
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 | $30.9B |
| Total Assets | $12.7B | $410.1B |
| Debt / EquityLower = less leverage | 0.53× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $10.0M | — |
| Q4 25 | $2.7B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.7B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $5.1B | $30.9B | ||
| Q3 25 | $5.0B | $29.7B | ||
| Q2 25 | $4.9B | $28.2B | ||
| Q1 25 | $4.8B | $27.5B | ||
| Q4 24 | $4.7B | $23.7B | ||
| Q3 24 | $4.2B | $24.1B | ||
| Q2 24 | $4.2B | $21.7B | ||
| Q1 24 | $4.1B | $21.4B |
| Q4 25 | $12.7B | $410.1B | ||
| Q3 25 | $12.3B | $398.5B | ||
| Q2 25 | $12.1B | $380.9B | ||
| Q1 25 | $12.1B | $372.4B | ||
| Q4 24 | $12.1B | $360.1B | ||
| Q3 24 | $11.1B | $360.7B | ||
| Q2 24 | $11.3B | $348.5B | ||
| Q1 24 | $11.2B | $339.8B |
| Q4 25 | 0.53× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.58× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $-4.9B |
| Free Cash FlowOCF − Capex | $516.0M | — |
| FCF MarginFCF / Revenue | 14.8% | — |
| Capex IntensityCapex / Revenue | 3.9% | — |
| Cash ConversionOCF / Net Profit | 4.09× | -4.28× |
| TTM Free Cash FlowTrailing 4 quarters | $794.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $650.0M | $-4.9B | ||
| Q3 25 | $118.0M | $2.4B | ||
| Q2 25 | $823.0M | $438.8M | ||
| Q1 25 | $-395.0M | $2.5B | ||
| Q4 24 | $391.0M | $-111.7M | ||
| Q3 24 | $213.0M | $1.9B | ||
| Q2 24 | $-9.0M | $3.4B | ||
| Q1 24 | $-202.0M | $1.5B |
| Q4 25 | $516.0M | — | ||
| Q3 25 | $13.0M | — | ||
| Q2 25 | $727.0M | — | ||
| Q1 25 | $-462.0M | — | ||
| Q4 24 | $277.0M | — | ||
| Q3 24 | $125.0M | — | ||
| Q2 24 | $-99.0M | — | ||
| Q1 24 | $-277.0M | — |
| Q4 25 | 14.8% | — | ||
| Q3 25 | 0.4% | — | ||
| Q2 25 | 23.6% | — | ||
| Q1 25 | -16.9% | — | ||
| Q4 24 | 9.2% | — | ||
| Q3 24 | 4.5% | — | ||
| Q2 24 | -3.3% | — | ||
| Q1 24 | -9.9% | — |
| Q4 25 | 3.9% | — | ||
| Q3 25 | 3.3% | — | ||
| Q2 25 | 3.1% | — | ||
| Q1 25 | 2.5% | — | ||
| Q4 24 | 3.8% | — | ||
| Q3 24 | 3.2% | — | ||
| Q2 24 | 3.0% | — | ||
| Q1 24 | 2.7% | — |
| Q4 25 | 4.09× | -4.28× | ||
| Q3 25 | 0.81× | 2.65× | ||
| Q2 25 | 5.41× | 0.86× | ||
| Q1 25 | -2.65× | — | ||
| Q4 24 | 3.18× | -0.10× | ||
| Q3 24 | 2.11× | 3.12× | ||
| Q2 24 | -0.05× | 5.03× | ||
| Q1 24 | -1.32× | 2.24× |
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% |
KKR
| Insurance Segment | $3.5B | 61% |
| Asset Management1 | $703.7M | 12% |
| Transaction Fee | $512.0M | 9% |
| Transaction And Monitoring Fees | $268.7M | 5% |
| Fee Credit | $230.1M | 4% |
| Other | $201.5M | 4% |
| Fixed Annuity | $77.0M | 1% |
| Asset Management Segment | $56.9M | 1% |
| Monitoring Fee | $53.5M | 1% |
| Investment Advice | $40.6M | 1% |
| Fee Related Performance | $33.6M | 1% |
| Interest Sensitive Life | $21.7M | 0% |
| Incentive Fee | $11.0M | 0% |
