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Side-by-side financial comparison of Huntington Ingalls Industries (HII) and Organon & Co. (OGN). Click either name above to swap in a different company.

Huntington Ingalls Industries is the larger business by last-quarter revenue ($1.7B vs $1.5B, roughly 1.1× Organon & Co.). Organon & Co. runs the higher net margin — 10.0% vs 8.9%, a 1.1% gap on every dollar of revenue. On growth, Huntington Ingalls Industries posted the faster year-over-year revenue change (13.8% vs -3.5%). Over the past eight quarters, Organon & Co.'s revenue compounded faster (-4.7% 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.

Organon & Co. is an American pharmaceutical company headquartered in Jersey City, New Jersey. Organon specializes in the following core therapeutic fields: reproductive medicine, contraception, psychiatry, hormone replacement therapy (HRT), and anesthesia. Organon produces all its products outside of the United States but receives a third of its revenue from the United States.

HII vs OGN — Head-to-Head

Bigger by revenue
HII
HII
1.1× larger
HII
$1.7B
$1.5B
OGN
Growing faster (revenue YoY)
HII
HII
+17.3% gap
HII
13.8%
-3.5%
OGN
Higher net margin
OGN
OGN
1.1% more per $
OGN
10.0%
8.9%
HII
Faster 2-yr revenue CAGR
OGN
OGN
Annualised
OGN
-4.7%
-25.2%
HII

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
HII
HII
OGN
OGN
Revenue
$1.7B
$1.5B
Net Profit
$149.0M
$146.0M
Gross Margin
53.6%
Operating Margin
9.3%
Net Margin
8.9%
10.0%
Revenue YoY
13.8%
-3.5%
Net Profit YoY
67.8%
EPS (diluted)
$3.79
$0.55

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.

Revenue
HII
HII
OGN
OGN
Q1 26
$1.7B
$1.5B
Q4 25
$3.5B
$1.5B
Q3 25
$3.2B
$1.6B
Q2 25
$3.1B
$1.6B
Q1 25
$2.7B
$1.5B
Q4 24
$3.0B
$1.6B
Q3 24
$2.7B
$1.6B
Q2 24
$3.0B
$1.6B
Net Profit
HII
HII
OGN
OGN
Q1 26
$149.0M
$146.0M
Q4 25
$159.0M
$-205.0M
Q3 25
$145.0M
$160.0M
Q2 25
$152.0M
$145.0M
Q1 25
$149.0M
$87.0M
Q4 24
$123.0M
$109.0M
Q3 24
$101.0M
$359.0M
Q2 24
$173.0M
$195.0M
Gross Margin
HII
HII
OGN
OGN
Q1 26
53.6%
Q4 25
49.2%
Q3 25
53.5%
Q2 25
54.8%
Q1 25
55.6%
Q4 24
56.3%
Q3 24
58.3%
Q2 24
58.4%
Operating Margin
HII
HII
OGN
OGN
Q1 26
9.3%
Q4 25
4.9%
-9.8%
Q3 25
5.0%
15.2%
Q2 25
5.3%
14.4%
Q1 25
5.9%
6.7%
Q4 24
3.7%
8.1%
Q3 24
3.0%
13.1%
Q2 24
6.3%
14.6%
Net Margin
HII
HII
OGN
OGN
Q1 26
8.9%
10.0%
Q4 25
4.6%
-13.6%
Q3 25
4.5%
10.0%
Q2 25
4.9%
9.1%
Q1 25
5.4%
5.8%
Q4 24
4.1%
6.8%
Q3 24
3.7%
22.7%
Q2 24
5.8%
12.1%
EPS (diluted)
HII
HII
OGN
OGN
Q1 26
$3.79
$0.55
Q4 25
$4.06
$-0.78
Q3 25
$3.68
$0.61
Q2 25
$3.86
$0.56
Q1 25
$3.79
$0.33
Q4 24
$3.15
$0.42
Q3 24
$2.56
$1.38
Q2 24
$4.38
$0.75

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HII
HII
OGN
OGN
Cash + ST InvestmentsLiquidity on hand
$216.0M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$5.1B
Total Assets
$12.5B
Debt / EquityLower = less leverage
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HII
HII
OGN
OGN
Q1 26
$216.0M
Q4 25
$574.0M
Q3 25
$672.0M
Q2 25
$599.0M
Q1 25
$547.0M
Q4 24
$675.0M
Q3 24
$763.0M
Q2 24
$704.0M
Total Debt
HII
HII
OGN
OGN
Q1 26
$2.7B
Q4 25
$2.7B
$8.6B
Q3 25
$8.8B
Q2 25
$8.9B
Q1 25
$9.0B
Q4 24
$2.7B
$8.9B
Q3 24
$8.7B
Q2 24
$8.7B
Stockholders' Equity
HII
HII
OGN
OGN
Q1 26
$5.1B
Q4 25
$5.1B
$752.0M
Q3 25
$5.0B
$906.0M
Q2 25
$4.9B
$733.0M
Q1 25
$4.8B
$542.0M
Q4 24
$4.7B
$472.0M
Q3 24
$4.2B
$493.0M
Q2 24
$4.2B
$144.0M
Total Assets
HII
HII
OGN
OGN
Q1 26
$12.5B
Q4 25
$12.7B
$12.9B
Q3 25
$12.3B
$13.6B
Q2 25
$12.1B
$13.5B
Q1 25
$12.1B
$13.2B
Q4 24
$12.1B
$13.1B
Q3 24
$11.1B
$12.8B
Q2 24
$11.3B
$12.2B
Debt / Equity
HII
HII
OGN
OGN
Q1 26
0.52×
Q4 25
0.53×
11.49×
Q3 25
9.74×
Q2 25
12.14×
Q1 25
16.52×
Q4 24
0.58×
18.81×
Q3 24
17.75×
Q2 24
60.11×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HII
HII
OGN
OGN
Operating Cash FlowLast quarter
$-390.0M
Free Cash FlowOCF − Capex
$-461.0M
FCF MarginFCF / Revenue
-27.7%
Capex IntensityCapex / Revenue
4.4%
Cash ConversionOCF / Net Profit
-2.62×
TTM Free Cash FlowTrailing 4 quarters
$795.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HII
HII
OGN
OGN
Q1 26
$-390.0M
Q4 25
$650.0M
$141.0M
Q3 25
$118.0M
$264.0M
Q2 25
$823.0M
$220.0M
Q1 25
$-395.0M
$75.0M
Q4 24
$391.0M
$390.0M
Q3 24
$213.0M
$141.0M
Q2 24
$-9.0M
$332.0M
Free Cash Flow
HII
HII
OGN
OGN
Q1 26
$-461.0M
Q4 25
$516.0M
$96.0M
Q3 25
$13.0M
$218.0M
Q2 25
$727.0M
$181.0M
Q1 25
$-462.0M
$43.0M
Q4 24
$277.0M
$335.0M
Q3 24
$125.0M
$99.0M
Q2 24
$-99.0M
$300.0M
FCF Margin
HII
HII
OGN
OGN
Q1 26
-27.7%
Q4 25
14.8%
6.4%
Q3 25
0.4%
13.6%
Q2 25
23.6%
11.4%
Q1 25
-16.9%
2.8%
Q4 24
9.2%
21.0%
Q3 24
4.5%
6.3%
Q2 24
-3.3%
18.7%
Capex Intensity
HII
HII
OGN
OGN
Q1 26
4.4%
Q4 25
3.9%
3.0%
Q3 25
3.3%
2.9%
Q2 25
3.1%
2.4%
Q1 25
2.5%
2.1%
Q4 24
3.8%
3.5%
Q3 24
3.2%
2.7%
Q2 24
3.0%
2.0%
Cash Conversion
HII
HII
OGN
OGN
Q1 26
-2.62×
Q4 25
4.09×
Q3 25
0.81×
1.65×
Q2 25
5.41×
1.52×
Q1 25
-2.65×
0.86×
Q4 24
3.18×
3.58×
Q3 24
2.11×
0.39×
Q2 24
-0.05×
1.70×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HII
HII

Segment breakdown not available.

OGN
OGN

Established Brands$880.0M60%
Women’s Health$389.0M27%
Biosimilars$173.0M12%

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