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Side-by-side financial comparison of Huntington Ingalls Industries (HII) and Ovintiv Inc. (OVV). Click either name above to swap in a different company.

Huntington Ingalls Industries is the larger business by last-quarter revenue ($3.5B vs $2.1B, roughly 1.7× Ovintiv Inc.). Ovintiv Inc. runs the higher net margin — 46.1% vs 4.6%, a 41.5% gap on every dollar of revenue. On growth, Huntington Ingalls Industries posted the faster year-over-year revenue change (15.7% vs -6.0%). Huntington Ingalls Industries produced more free cash flow last quarter ($516.0M vs $489.0M). Over the past eight quarters, Huntington Ingalls Industries's revenue compounded faster (11.3% CAGR vs -7.2%).

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.

Ovintiv Inc. is a U.S. petroleum company based in Denver. The company was formed in 2020 through a restructuring of its Canadian predecessor, Encana.

HII vs OVV — Head-to-Head

Bigger by revenue
HII
HII
1.7× larger
HII
$3.5B
$2.1B
OVV
Growing faster (revenue YoY)
HII
HII
+21.7% gap
HII
15.7%
-6.0%
OVV
Higher net margin
OVV
OVV
41.5% more per $
OVV
46.1%
4.6%
HII
More free cash flow
HII
HII
$27.0M more FCF
HII
$516.0M
$489.0M
OVV
Faster 2-yr revenue CAGR
HII
HII
Annualised
HII
11.3%
-7.2%
OVV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HII
HII
OVV
OVV
Revenue
$3.5B
$2.1B
Net Profit
$159.0M
$946.0M
Gross Margin
Operating Margin
4.9%
21.2%
Net Margin
4.6%
46.1%
Revenue YoY
15.7%
-6.0%
Net Profit YoY
29.3%
1676.7%
EPS (diluted)
$4.06
$3.64

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
OVV
OVV
Q4 25
$3.5B
$2.1B
Q3 25
$3.2B
$2.0B
Q2 25
$3.1B
$2.2B
Q1 25
$2.7B
$2.4B
Q4 24
$3.0B
$2.2B
Q3 24
$2.7B
$2.2B
Q2 24
$3.0B
$2.2B
Q1 24
$2.8B
$2.4B
Net Profit
HII
HII
OVV
OVV
Q4 25
$159.0M
$946.0M
Q3 25
$145.0M
$148.0M
Q2 25
$152.0M
$307.0M
Q1 25
$149.0M
$-159.0M
Q4 24
$123.0M
$-60.0M
Q3 24
$101.0M
$507.0M
Q2 24
$173.0M
$340.0M
Q1 24
$153.0M
$338.0M
Operating Margin
HII
HII
OVV
OVV
Q4 25
4.9%
21.2%
Q3 25
5.0%
13.5%
Q2 25
5.3%
23.1%
Q1 25
5.9%
-3.7%
Q4 24
3.7%
0.1%
Q3 24
3.0%
24.2%
Q2 24
6.3%
25.4%
Q1 24
5.5%
20.7%
Net Margin
HII
HII
OVV
OVV
Q4 25
4.6%
46.1%
Q3 25
4.5%
7.3%
Q2 25
4.9%
13.9%
Q1 25
5.4%
-6.7%
Q4 24
4.1%
-2.7%
Q3 24
3.7%
23.3%
Q2 24
5.8%
15.5%
Q1 24
5.5%
14.2%
EPS (diluted)
HII
HII
OVV
OVV
Q4 25
$4.06
$3.64
Q3 25
$3.68
$0.57
Q2 25
$3.86
$1.18
Q1 25
$3.79
$-0.61
Q4 24
$3.15
$-0.22
Q3 24
$2.56
$1.92
Q2 24
$4.38
$1.27
Q1 24
$3.87
$1.24

Balance Sheet & Financial Strength

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

Metric
HII
HII
OVV
OVV
Cash + ST InvestmentsLiquidity on hand
$280.0M
Total DebtLower is stronger
$2.7B
$5.2B
Stockholders' EquityBook value
$5.1B
$11.2B
Total Assets
$12.7B
$20.4B
Debt / EquityLower = less leverage
0.53×
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HII
HII
OVV
OVV
Q4 25
$280.0M
Q3 25
$25.0M
Q2 25
$20.0M
Q1 25
$8.0M
Q4 24
$42.0M
Q3 24
$9.0M
Q2 24
$8.0M
Q1 24
$10.0M
$5.0M
Total Debt
HII
HII
OVV
OVV
Q4 25
$2.7B
$5.2B
Q3 25
$5.2B
Q2 25
$5.3B
Q1 25
$5.5B
Q4 24
$2.7B
$5.5B
Q3 24
$5.9B
Q2 24
$6.1B
Q1 24
$6.2B
Stockholders' Equity
HII
HII
OVV
OVV
Q4 25
$5.1B
$11.2B
Q3 25
$5.0B
$10.2B
Q2 25
$4.9B
$10.4B
Q1 25
$4.8B
$10.1B
Q4 24
$4.7B
$10.3B
Q3 24
$4.2B
$10.7B
Q2 24
$4.2B
$10.3B
Q1 24
$4.1B
$10.3B
Total Assets
HII
HII
OVV
OVV
Q4 25
$12.7B
$20.4B
Q3 25
$12.3B
$19.4B
Q2 25
$12.1B
$19.7B
Q1 25
$12.1B
$19.6B
Q4 24
$12.1B
$19.3B
Q3 24
$11.1B
$19.9B
Q2 24
$11.3B
$19.8B
Q1 24
$11.2B
$19.8B
Debt / Equity
HII
HII
OVV
OVV
Q4 25
0.53×
0.46×
Q3 25
0.51×
Q2 25
0.51×
Q1 25
0.55×
Q4 24
0.58×
0.53×
Q3 24
0.55×
Q2 24
0.59×
Q1 24
0.60×

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
OVV
OVV
Operating Cash FlowLast quarter
$650.0M
$954.0M
Free Cash FlowOCF − Capex
$516.0M
$489.0M
FCF MarginFCF / Revenue
14.8%
23.8%
Capex IntensityCapex / Revenue
3.9%
22.6%
Cash ConversionOCF / Net Profit
4.09×
1.01×
TTM Free Cash FlowTrailing 4 quarters
$794.0M
$1.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HII
HII
OVV
OVV
Q4 25
$650.0M
$954.0M
Q3 25
$118.0M
$812.0M
Q2 25
$823.0M
$1.0B
Q1 25
$-395.0M
$873.0M
Q4 24
$391.0M
$1.0B
Q3 24
$213.0M
$1.0B
Q2 24
$-9.0M
$1.0B
Q1 24
$-202.0M
$659.0M
Free Cash Flow
HII
HII
OVV
OVV
Q4 25
$516.0M
$489.0M
Q3 25
$13.0M
$268.0M
Q2 25
$727.0M
$492.0M
Q1 25
$-462.0M
$256.0M
Q4 24
$277.0M
$468.0M
Q3 24
$125.0M
$484.0M
Q2 24
$-99.0M
$398.0M
Q1 24
$-277.0M
$68.0M
FCF Margin
HII
HII
OVV
OVV
Q4 25
14.8%
23.8%
Q3 25
0.4%
13.3%
Q2 25
23.6%
22.2%
Q1 25
-16.9%
10.8%
Q4 24
9.2%
21.4%
Q3 24
4.5%
22.2%
Q2 24
-3.3%
18.1%
Q1 24
-9.9%
2.8%
Capex Intensity
HII
HII
OVV
OVV
Q4 25
3.9%
22.6%
Q3 25
3.3%
26.9%
Q2 25
3.1%
23.5%
Q1 25
2.5%
26.0%
Q4 24
3.8%
25.3%
Q3 24
3.2%
24.7%
Q2 24
3.0%
28.4%
Q1 24
2.7%
24.8%
Cash Conversion
HII
HII
OVV
OVV
Q4 25
4.09×
1.01×
Q3 25
0.81×
5.49×
Q2 25
5.41×
3.30×
Q1 25
-2.65×
Q4 24
3.18×
Q3 24
2.11×
2.02×
Q2 24
-0.05×
3.00×
Q1 24
-1.32×
1.95×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HII
HII

Aircraftcarriers$984.0M28%
Fixedpriceincentive$758.0M22%
Submarines$744.0M21%
Surfacecombatantsandcoastguardcutters$452.0M13%
Amphibiousassaultships$433.0M12%
Costtype$123.0M4%
Otherprograms$4.0M0%

OVV
OVV

Product And Service Revenue$1.7B84%
Sales Of Purchased Product$338.0M16%

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