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Side-by-side financial comparison of Huntington Ingalls Industries (HII) and OLIN Corp (OLN). Click either name above to swap in a different company.
Huntington Ingalls Industries is the larger business by last-quarter revenue ($1.7B vs $1.6B, roughly 1.1× OLIN Corp). On growth, Huntington Ingalls Industries posted the faster year-over-year revenue change (13.8% vs -3.7%). Over the past eight quarters, OLIN Corp's revenue compounded faster (-1.9% 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.
Olin Corporation is an American manufacturer of ammunition, chlorine, and sodium hydroxide. The company traces its roots to two companies, both founded in 1892: Franklin W. Olin's Equitable Powder Company and the Mathieson Alkali Works. Accidents at Olin chemical plants have exposed employees and nearby residents to health hazards.
HII vs OLN — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $1.7B | $1.6B |
| Net Profit | $149.0M | — |
| Gross Margin | — | 4.8% |
| Operating Margin | 9.3% | — |
| Net Margin | 8.9% | — |
| Revenue YoY | 13.8% | -3.7% |
| Net Profit YoY | — | — |
| EPS (diluted) | $3.79 | $-0.73 |
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 | $1.6B | ||
| Q4 25 | $3.5B | $1.7B | ||
| Q3 25 | $3.2B | $1.7B | ||
| Q2 25 | $3.1B | $1.8B | ||
| Q1 25 | $2.7B | $1.6B | ||
| Q4 24 | $3.0B | $1.7B | ||
| Q3 24 | $2.7B | $1.6B | ||
| Q2 24 | $3.0B | $1.6B |
| Q1 26 | $149.0M | — | ||
| Q4 25 | $159.0M | $-143.2M | ||
| Q3 25 | $145.0M | $43.7M | ||
| Q2 25 | $152.0M | $-2.8M | ||
| Q1 25 | $149.0M | $1.2M | ||
| Q4 24 | $123.0M | $10.1M | ||
| Q3 24 | $101.0M | $-25.2M | ||
| Q2 24 | $173.0M | $72.3M |
| Q1 26 | — | 4.8% | ||
| Q4 25 | — | 1.9% | ||
| Q3 25 | — | 10.7% | ||
| Q2 25 | — | 7.9% | ||
| Q1 25 | — | 9.0% | ||
| Q4 24 | — | 9.4% | ||
| Q3 24 | — | 8.5% | ||
| Q2 24 | — | 14.5% |
| Q1 26 | 9.3% | — | ||
| Q4 25 | 4.9% | -9.4% | ||
| Q3 25 | 5.0% | 4.8% | ||
| Q2 25 | 5.3% | 2.0% | ||
| Q1 25 | 5.9% | 2.7% | ||
| Q4 24 | 3.7% | 2.8% | ||
| Q3 24 | 3.0% | 1.0% | ||
| Q2 24 | 6.3% | 8.3% |
| Q1 26 | 8.9% | — | ||
| Q4 25 | 4.6% | -8.6% | ||
| Q3 25 | 4.5% | 2.6% | ||
| Q2 25 | 4.9% | -0.2% | ||
| Q1 25 | 5.4% | 0.1% | ||
| Q4 24 | 4.1% | 0.6% | ||
| Q3 24 | 3.7% | -1.6% | ||
| Q2 24 | 5.8% | 4.4% |
| Q1 26 | $3.79 | $-0.73 | ||
| Q4 25 | $4.06 | $-1.25 | ||
| Q3 25 | $3.68 | $0.37 | ||
| Q2 25 | $3.86 | $-0.01 | ||
| Q1 25 | $3.79 | $0.01 | ||
| Q4 24 | $3.15 | $0.10 | ||
| Q3 24 | $2.56 | $-0.21 | ||
| Q2 24 | $4.38 | $0.62 |
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 | $192.2M |
| Total DebtLower is stronger | $2.7B | $3.0B |
| Stockholders' EquityBook value | $5.1B | $1.7B |
| Total Assets | $12.5B | $7.4B |
| Debt / EquityLower = less leverage | 0.52× | 1.73× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $216.0M | $192.2M | ||
| Q4 25 | — | $167.6M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $175.6M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $2.7B | $3.0B | ||
| Q4 25 | $2.7B | $2.8B | ||
| Q3 25 | — | $3.0B | ||
| Q2 25 | — | $3.0B | ||
| Q1 25 | — | $3.0B | ||
| Q4 24 | $2.7B | $2.7B | ||
| Q3 24 | — | $2.8B | ||
| Q2 24 | — | $2.8B |
| Q1 26 | $5.1B | $1.7B | ||
| Q4 25 | $5.1B | $1.8B | ||
| Q3 25 | $5.0B | $2.0B | ||
| Q2 25 | $4.9B | $2.0B | ||
| Q1 25 | $4.8B | $2.0B | ||
| Q4 24 | $4.7B | $2.0B | ||
| Q3 24 | $4.2B | $2.1B | ||
| Q2 24 | $4.2B | $2.1B |
| Q1 26 | $12.5B | $7.4B | ||
| Q4 25 | $12.7B | $7.3B | ||
| Q3 25 | $12.3B | $7.6B | ||
| Q2 25 | $12.1B | $7.7B | ||
| Q1 25 | $12.1B | $7.7B | ||
| Q4 24 | $12.1B | $7.6B | ||
| Q3 24 | $11.1B | $7.5B | ||
| Q2 24 | $11.3B | $7.7B |
| Q1 26 | 0.52× | 1.73× | ||
| Q4 25 | 0.53× | 1.55× | ||
| Q3 25 | — | 1.52× | ||
| Q2 25 | — | 1.52× | ||
| Q1 25 | — | 1.50× | ||
| Q4 24 | 0.58× | 1.34× | ||
| Q3 24 | — | 1.34× | ||
| Q2 24 | — | 1.31× |
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% | 2.8% |
| 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 | $321.2M | ||
| Q3 25 | $118.0M | $26.7M | ||
| Q2 25 | $823.0M | $212.3M | ||
| Q1 25 | $-395.0M | $-86.0M | ||
| Q4 24 | $391.0M | $141.7M | ||
| Q3 24 | $213.0M | $189.9M | ||
| Q2 24 | $-9.0M | $90.6M |
| Q1 26 | $-461.0M | — | ||
| Q4 25 | $516.0M | — | ||
| Q3 25 | $13.0M | $-44.4M | ||
| Q2 25 | $727.0M | — | ||
| Q1 25 | $-462.0M | $-147.4M | ||
| Q4 24 | $277.0M | $90.7M | ||
| Q3 24 | $125.0M | $146.6M | ||
| Q2 24 | $-99.0M | $34.1M |
| Q1 26 | -27.7% | — | ||
| Q4 25 | 14.8% | — | ||
| Q3 25 | 0.4% | -2.6% | ||
| Q2 25 | 23.6% | — | ||
| Q1 25 | -16.9% | -9.0% | ||
| Q4 24 | 9.2% | 5.4% | ||
| Q3 24 | 4.5% | 9.2% | ||
| Q2 24 | -3.3% | 2.1% |
| Q1 26 | 4.4% | 2.8% | ||
| Q4 25 | 3.9% | — | ||
| Q3 25 | 3.3% | 4.2% | ||
| Q2 25 | 3.1% | — | ||
| Q1 25 | 2.5% | 3.7% | ||
| Q4 24 | 3.8% | 3.1% | ||
| Q3 24 | 3.2% | 2.7% | ||
| Q2 24 | 3.0% | 3.4% |
| Q1 26 | -2.62× | — | ||
| Q4 25 | 4.09× | — | ||
| Q3 25 | 0.81× | 0.61× | ||
| Q2 25 | 5.41× | — | ||
| Q1 25 | -2.65× | -71.67× | ||
| Q4 24 | 3.18× | 14.03× | ||
| Q3 24 | 2.11× | — | ||
| Q2 24 | -0.05× | 1.25× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HII
Segment breakdown not available.
OLN
| Chlor Alkali Products and Vinyls | $756.9M | 48% |
| Winchester | $470.5M | 30% |
| Epoxy | $355.6M | 22% |