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Side-by-side financial comparison of Huntington Ingalls Industries (HII) and Principal Financial Group (PFG). Click either name above to swap in a different company.

Huntington Ingalls Industries is the larger business by last-quarter revenue ($3.5B vs $750.8M, roughly 4.6× Principal Financial Group). Huntington Ingalls Industries runs the higher net margin — 4.6% vs 0.3%, a 4.3% gap on every dollar of revenue. On growth, Huntington Ingalls Industries posted the faster year-over-year revenue change (15.7% vs 4.0%). Over the past eight quarters, Huntington Ingalls Industries's revenue compounded faster (11.3% CAGR vs -58.3%).

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.

Principal Financial Group, Inc. (PFG) is an American global financial investment management and insurance company headquartered in Des Moines, Iowa, United States.

HII vs PFG — Head-to-Head

Bigger by revenue
HII
HII
4.6× larger
HII
$3.5B
$750.8M
PFG
Growing faster (revenue YoY)
HII
HII
+11.7% gap
HII
15.7%
4.0%
PFG
Higher net margin
HII
HII
4.3% more per $
HII
4.6%
0.3%
PFG
Faster 2-yr revenue CAGR
HII
HII
Annualised
HII
11.3%
-58.3%
PFG

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
HII
HII
PFG
PFG
Revenue
$3.5B
$750.8M
Net Profit
$159.0M
$1.9M
Gross Margin
Operating Margin
4.9%
Net Margin
4.6%
0.3%
Revenue YoY
15.7%
4.0%
Net Profit YoY
29.3%
783.0%
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.

Revenue
HII
HII
PFG
PFG
Q1 26
$750.8M
Q4 25
$3.5B
$4.6B
Q3 25
$3.2B
$3.7B
Q2 25
$3.1B
$3.7B
Q1 25
$2.7B
$3.7B
Q4 24
$3.0B
$4.8B
Q3 24
$2.7B
$3.0B
Q2 24
$3.0B
$4.3B
Net Profit
HII
HII
PFG
PFG
Q1 26
$1.9M
Q4 25
$159.0M
$517.0M
Q3 25
$145.0M
$213.8M
Q2 25
$152.0M
$406.2M
Q1 25
$149.0M
$48.1M
Q4 24
$123.0M
$905.4M
Q3 24
$101.0M
$-220.0M
Q2 24
$173.0M
$353.1M
Operating Margin
HII
HII
PFG
PFG
Q1 26
Q4 25
4.9%
Q3 25
5.0%
Q2 25
5.3%
Q1 25
5.9%
Q4 24
3.7%
Q3 24
3.0%
Q2 24
6.3%
Net Margin
HII
HII
PFG
PFG
Q1 26
0.3%
Q4 25
4.6%
11.3%
Q3 25
4.5%
5.8%
Q2 25
4.9%
11.1%
Q1 25
5.4%
1.3%
Q4 24
4.1%
19.1%
Q3 24
3.7%
-7.3%
Q2 24
5.8%
8.2%
EPS (diluted)
HII
HII
PFG
PFG
Q1 26
Q4 25
$4.06
$2.30
Q3 25
$3.68
$0.95
Q2 25
$3.86
$1.79
Q1 25
$3.79
$0.21
Q4 24
$3.15
$3.92
Q3 24
$2.56
$-0.95
Q2 24
$4.38
$1.49

Balance Sheet & Financial Strength

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

Metric
HII
HII
PFG
PFG
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$5.1B
Total Assets
$12.7B
Debt / EquityLower = less leverage
0.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HII
HII
PFG
PFG
Q1 26
Q4 25
$4.4B
Q3 25
$5.1B
Q2 25
$3.7B
Q1 25
$3.9B
Q4 24
$4.2B
Q3 24
$6.2B
Q2 24
$4.8B
Total Debt
HII
HII
PFG
PFG
Q1 26
Q4 25
$2.7B
$3.9B
Q3 25
$3.9B
Q2 25
$3.9B
Q1 25
$4.3B
Q4 24
$2.7B
$4.0B
Q3 24
$3.9B
Q2 24
$3.9B
Stockholders' Equity
HII
HII
PFG
PFG
Q1 26
Q4 25
$5.1B
$11.9B
Q3 25
$5.0B
$11.7B
Q2 25
$4.9B
$11.4B
Q1 25
$4.8B
$11.2B
Q4 24
$4.7B
$11.1B
Q3 24
$4.2B
$11.2B
Q2 24
$4.2B
$11.0B
Total Assets
HII
HII
PFG
PFG
Q1 26
Q4 25
$12.7B
$341.4B
Q3 25
$12.3B
$334.5B
Q2 25
$12.1B
$323.1B
Q1 25
$12.1B
$313.0B
Q4 24
$12.1B
$313.7B
Q3 24
$11.1B
$322.9B
Q2 24
$11.3B
$308.8B
Debt / Equity
HII
HII
PFG
PFG
Q1 26
Q4 25
0.53×
0.33×
Q3 25
0.34×
Q2 25
0.34×
Q1 25
0.39×
Q4 24
0.58×
0.36×
Q3 24
0.35×
Q2 24
0.36×

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
PFG
PFG
Operating Cash FlowLast quarter
$650.0M
Free Cash FlowOCF − Capex
$516.0M
FCF MarginFCF / Revenue
14.8%
Capex IntensityCapex / Revenue
3.9%
Cash ConversionOCF / Net Profit
4.09×
TTM Free Cash FlowTrailing 4 quarters
$794.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HII
HII
PFG
PFG
Q1 26
Q4 25
$650.0M
$1.7B
Q3 25
$118.0M
$1.0B
Q2 25
$823.0M
$811.9M
Q1 25
$-395.0M
$977.3M
Q4 24
$391.0M
$1.5B
Q3 24
$213.0M
$1.1B
Q2 24
$-9.0M
$1.4B
Free Cash Flow
HII
HII
PFG
PFG
Q1 26
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
FCF Margin
HII
HII
PFG
PFG
Q1 26
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%
Capex Intensity
HII
HII
PFG
PFG
Q1 26
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%
Cash Conversion
HII
HII
PFG
PFG
Q1 26
Q4 25
4.09×
3.37×
Q3 25
0.81×
4.70×
Q2 25
5.41×
2.00×
Q1 25
-2.65×
20.32×
Q4 24
3.18×
1.61×
Q3 24
2.11×
Q2 24
-0.05×
4.05×

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%

PFG
PFG

Segment breakdown not available.

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