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Side-by-side financial comparison of Huntington Ingalls Industries (HII) and Liberty Energy Inc. (LBRT). Click either name above to swap in a different company.
Huntington Ingalls Industries is the larger business by last-quarter revenue ($1.7B vs $1.0B, roughly 1.6× Liberty Energy Inc.). Huntington Ingalls Industries runs the higher net margin — 8.9% vs 2.2%, a 6.7% gap on every dollar of revenue. On growth, Huntington Ingalls Industries posted the faster year-over-year revenue change (13.8% vs 4.5%). Over the past eight quarters, Liberty Energy Inc.'s revenue compounded faster (-6.2% CAGR vs -25.2%).
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.
Liberty Energy Inc. is a North American energy services provider specializing in hydraulic fracturing and well completion solutions for oil and gas operators. It serves clients across major U.S. shale basins, offering low-emission equipment and tailored support to optimize well productivity.
HII vs LBRT — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.7B | $1.0B |
| Net Profit | $149.0M | $22.6M |
| Gross Margin | — | — |
| Operating Margin | 9.3% | 2.2% |
| Net Margin | 8.9% | 2.2% |
| Revenue YoY | 13.8% | 4.5% |
| Net Profit YoY | — | — |
| EPS (diluted) | $3.79 | $0.14 |
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 | $1.7B | $1.0B | ||
| Q4 25 | $3.5B | $1.0B | ||
| Q3 25 | $3.2B | $947.4M | ||
| Q2 25 | $3.1B | $1.0B | ||
| Q1 25 | $2.7B | $977.5M | ||
| Q4 24 | $3.0B | $943.6M | ||
| Q3 24 | $2.7B | $1.1B | ||
| Q2 24 | $3.0B | $1.2B |
| Q1 26 | $149.0M | $22.6M | ||
| Q4 25 | $159.0M | $13.7M | ||
| Q3 25 | $145.0M | $43.1M | ||
| Q2 25 | $152.0M | $71.0M | ||
| Q1 25 | $149.0M | $20.1M | ||
| Q4 24 | $123.0M | $51.9M | ||
| Q3 24 | $101.0M | $73.8M | ||
| Q2 24 | $173.0M | $108.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | 20.6% | ||
| Q3 25 | — | 18.7% | ||
| Q2 25 | — | 22.1% | ||
| Q1 25 | — | 22.1% | ||
| Q4 24 | — | 21.4% | ||
| Q3 24 | — | 26.2% | ||
| Q2 24 | — | 27.9% |
| Q1 26 | 9.3% | 2.2% | ||
| Q4 25 | 4.9% | 1.9% | ||
| Q3 25 | 5.0% | -0.3% | ||
| Q2 25 | 5.3% | 3.6% | ||
| Q1 25 | 5.9% | 1.9% | ||
| Q4 24 | 3.7% | 2.6% | ||
| Q3 24 | 3.0% | 9.4% | ||
| Q2 24 | 6.3% | 12.2% |
| Q1 26 | 8.9% | 2.2% | ||
| Q4 25 | 4.6% | 1.3% | ||
| Q3 25 | 4.5% | 4.5% | ||
| Q2 25 | 4.9% | 6.8% | ||
| Q1 25 | 5.4% | 2.1% | ||
| Q4 24 | 4.1% | 5.5% | ||
| Q3 24 | 3.7% | 6.5% | ||
| Q2 24 | 5.8% | 9.3% |
| Q1 26 | $3.79 | $0.14 | ||
| Q4 25 | $4.06 | $0.08 | ||
| Q3 25 | $3.68 | $0.26 | ||
| Q2 25 | $3.86 | $0.43 | ||
| Q1 25 | $3.79 | $0.12 | ||
| Q4 24 | $3.15 | $0.31 | ||
| Q3 24 | $2.56 | $0.44 | ||
| Q2 24 | $4.38 | $0.64 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $216.0M | $699.1M |
| Total DebtLower is stronger | $2.7B | $7.1M |
| Stockholders' EquityBook value | $5.1B | $1.9B |
| Total Assets | $12.5B | $4.4B |
| Debt / EquityLower = less leverage | 0.52× | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $216.0M | $699.1M | ||
| Q4 25 | — | $27.6M | ||
| Q3 25 | — | $13.5M | ||
| Q2 25 | — | $19.6M | ||
| Q1 25 | — | $24.1M | ||
| Q4 24 | — | $20.0M | ||
| Q3 24 | — | $23.0M | ||
| Q2 24 | — | $30.0M |
| Q1 26 | $2.7B | $7.1M | ||
| Q4 25 | $2.7B | $246.6M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.7B | $190.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $5.1B | $1.9B | ||
| Q4 25 | $5.1B | $2.1B | ||
| Q3 25 | $5.0B | $2.1B | ||
| Q2 25 | $4.9B | $2.0B | ||
| Q1 25 | $4.8B | $2.0B | ||
| Q4 24 | $4.7B | $2.0B | ||
| Q3 24 | $4.2B | $2.0B | ||
| Q2 24 | $4.2B | $1.9B |
| Q1 26 | $12.5B | $4.4B | ||
| Q4 25 | $12.7B | $3.6B | ||
| Q3 25 | $12.3B | $3.5B | ||
| Q2 25 | $12.1B | $3.4B | ||
| Q1 25 | $12.1B | $3.4B | ||
| Q4 24 | $12.1B | $3.3B | ||
| Q3 24 | $11.1B | $3.3B | ||
| Q2 24 | $11.3B | $3.2B |
| Q1 26 | 0.52× | 0.00× | ||
| Q4 25 | 0.53× | 0.12× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.58× | 0.10× | ||
| 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 | $-390.0M | — |
| Free Cash FlowOCF − Capex | $-461.0M | — |
| FCF MarginFCF / Revenue | -27.7% | — |
| Capex IntensityCapex / Revenue | 4.4% | 13.1% |
| Cash ConversionOCF / Net Profit | -2.62× | — |
| TTM Free Cash FlowTrailing 4 quarters | $795.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $-390.0M | — | ||
| Q4 25 | $650.0M | $195.4M | ||
| Q3 25 | $118.0M | $51.5M | ||
| Q2 25 | $823.0M | $170.6M | ||
| Q1 25 | $-395.0M | $192.1M | ||
| Q4 24 | $391.0M | $177.3M | ||
| Q3 24 | $213.0M | $244.5M | ||
| Q2 24 | $-9.0M | $248.2M |
| Q1 26 | $-461.0M | — | ||
| Q4 25 | $516.0M | $-10.0M | ||
| Q3 25 | $13.0M | $-67.2M | ||
| Q2 25 | $727.0M | $33.1M | ||
| Q1 25 | $-462.0M | $58.2M | ||
| Q4 24 | $277.0M | $-26.2M | ||
| Q3 24 | $125.0M | $77.9M | ||
| Q2 24 | $-99.0M | $112.2M |
| Q1 26 | -27.7% | — | ||
| Q4 25 | 14.8% | -1.0% | ||
| Q3 25 | 0.4% | -7.1% | ||
| Q2 25 | 23.6% | 3.2% | ||
| Q1 25 | -16.9% | 6.0% | ||
| Q4 24 | 9.2% | -2.8% | ||
| Q3 24 | 4.5% | 6.8% | ||
| Q2 24 | -3.3% | 9.7% |
| Q1 26 | 4.4% | 13.1% | ||
| Q4 25 | 3.9% | 19.8% | ||
| Q3 25 | 3.3% | 12.5% | ||
| Q2 25 | 3.1% | 13.2% | ||
| Q1 25 | 2.5% | 13.7% | ||
| Q4 24 | 3.8% | 21.6% | ||
| Q3 24 | 3.2% | 14.6% | ||
| Q2 24 | 3.0% | 11.7% |
| Q1 26 | -2.62× | — | ||
| Q4 25 | 4.09× | 14.28× | ||
| Q3 25 | 0.81× | 1.20× | ||
| Q2 25 | 5.41× | 2.40× | ||
| Q1 25 | -2.65× | 9.55× | ||
| Q4 24 | 3.18× | 3.42× | ||
| Q3 24 | 2.11× | 3.31× | ||
| Q2 24 | -0.05× | 2.29× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
