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

Huntington Ingalls Industries is the larger business by last-quarter revenue ($3.5B vs $3.4B, roughly 1.0× PulteGroup). PulteGroup runs the higher net margin — 10.2% vs 4.6%, a 5.6% gap on every dollar of revenue. On growth, Huntington Ingalls Industries posted the faster year-over-year revenue change (15.7% vs -12.4%). Over the past eight quarters, Huntington Ingalls Industries's revenue compounded faster (11.3% CAGR vs -13.9%).

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.

PulteGroup, Inc. is an American residential home-construction company based in Atlanta, Georgia, United States. As of 2023, the company is the third-largest home-construction company in the United States based on the number of homes closed. In total, the company has built over 775,000 homes.

HII vs PHM — Head-to-Head

Bigger by revenue
HII
HII
1.0× larger
HII
$3.5B
$3.4B
PHM
Growing faster (revenue YoY)
HII
HII
+28.1% gap
HII
15.7%
-12.4%
PHM
Higher net margin
PHM
PHM
5.6% more per $
PHM
10.2%
4.6%
HII
Faster 2-yr revenue CAGR
HII
HII
Annualised
HII
11.3%
-13.9%
PHM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
HII
HII
PHM
PHM
Revenue
$3.5B
$3.4B
Net Profit
$159.0M
$347.0M
Gross Margin
Operating Margin
4.9%
Net Margin
4.6%
10.2%
Revenue YoY
15.7%
-12.4%
Net Profit YoY
29.3%
-33.6%
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
PHM
PHM
Q1 26
$3.4B
Q4 25
$3.5B
$4.6B
Q3 25
$3.2B
$4.4B
Q2 25
$3.1B
$4.4B
Q1 25
$2.7B
$3.9B
Q4 24
$3.0B
$4.9B
Q3 24
$2.7B
$4.5B
Q2 24
$3.0B
$4.6B
Net Profit
HII
HII
PHM
PHM
Q1 26
$347.0M
Q4 25
$159.0M
$501.6M
Q3 25
$145.0M
$585.8M
Q2 25
$152.0M
$608.5M
Q1 25
$149.0M
$522.8M
Q4 24
$123.0M
$913.2M
Q3 24
$101.0M
$697.9M
Q2 24
$173.0M
$809.1M
Gross Margin
HII
HII
PHM
PHM
Q1 26
Q4 25
Q3 25
27.8%
Q2 25
28.6%
Q1 25
28.8%
Q4 24
Q3 24
30.4%
Q2 24
31.4%
Operating Margin
HII
HII
PHM
PHM
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
PHM
PHM
Q1 26
10.2%
Q4 25
4.6%
10.9%
Q3 25
4.5%
13.3%
Q2 25
4.9%
13.8%
Q1 25
5.4%
13.4%
Q4 24
4.1%
18.6%
Q3 24
3.7%
15.6%
Q2 24
5.8%
17.6%
EPS (diluted)
HII
HII
PHM
PHM
Q1 26
Q4 25
$4.06
$2.56
Q3 25
$3.68
$2.96
Q2 25
$3.86
$3.03
Q1 25
$3.79
$2.57
Q4 24
$3.15
$4.41
Q3 24
$2.56
$3.35
Q2 24
$4.38
$3.83

Balance Sheet & Financial Strength

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

Metric
HII
HII
PHM
PHM
Cash + ST InvestmentsLiquidity on hand
$1.8B
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$5.1B
$13.0B
Total Assets
$12.7B
$5.2B
Debt / EquityLower = less leverage
0.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HII
HII
PHM
PHM
Q1 26
$1.8B
Q4 25
$2.0B
Q3 25
$1.5B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.6B
Q3 24
$1.4B
Q2 24
$1.4B
Total Debt
HII
HII
PHM
PHM
Q1 26
Q4 25
$2.7B
$43.9M
Q3 25
Q2 25
Q1 25
Q4 24
$2.7B
$31.1M
Q3 24
Q2 24
Stockholders' Equity
HII
HII
PHM
PHM
Q1 26
$13.0B
Q4 25
$5.1B
$13.0B
Q3 25
$5.0B
$12.8B
Q2 25
$4.9B
$12.6B
Q1 25
$4.8B
$12.3B
Q4 24
$4.7B
$12.1B
Q3 24
$4.2B
$11.6B
Q2 24
$4.2B
$11.2B
Total Assets
HII
HII
PHM
PHM
Q1 26
$5.2B
Q4 25
$12.7B
$18.0B
Q3 25
$12.3B
$17.9B
Q2 25
$12.1B
$17.6B
Q1 25
$12.1B
$17.3B
Q4 24
$12.1B
$17.4B
Q3 24
$11.1B
$17.0B
Q2 24
$11.3B
$16.5B
Debt / Equity
HII
HII
PHM
PHM
Q1 26
Q4 25
0.53×
0.00×
Q3 25
Q2 25
Q1 25
Q4 24
0.58×
0.00×
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
HII
HII
PHM
PHM
Operating Cash FlowLast quarter
$650.0M
$159.8M
Free Cash FlowOCF − Capex
$516.0M
FCF MarginFCF / Revenue
14.8%
Capex IntensityCapex / Revenue
3.9%
0.7%
Cash ConversionOCF / Net Profit
4.09×
0.46×
TTM Free Cash FlowTrailing 4 quarters
$794.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HII
HII
PHM
PHM
Q1 26
$159.8M
Q4 25
$650.0M
$771.1M
Q3 25
$118.0M
$678.4M
Q2 25
$823.0M
$287.5M
Q1 25
$-395.0M
$134.2M
Q4 24
$391.0M
$567.6M
Q3 24
$213.0M
$455.9M
Q2 24
$-9.0M
$417.5M
Free Cash Flow
HII
HII
PHM
PHM
Q1 26
Q4 25
$516.0M
$739.8M
Q3 25
$13.0M
$651.1M
Q2 25
$727.0M
$253.0M
Q1 25
$-462.0M
$104.6M
Q4 24
$277.0M
$543.1M
Q3 24
$125.0M
$417.2M
Q2 24
$-99.0M
$386.2M
FCF Margin
HII
HII
PHM
PHM
Q1 26
Q4 25
14.8%
16.0%
Q3 25
0.4%
14.8%
Q2 25
23.6%
5.7%
Q1 25
-16.9%
2.7%
Q4 24
9.2%
11.0%
Q3 24
4.5%
9.3%
Q2 24
-3.3%
8.4%
Capex Intensity
HII
HII
PHM
PHM
Q1 26
0.7%
Q4 25
3.9%
0.7%
Q3 25
3.3%
0.6%
Q2 25
3.1%
0.8%
Q1 25
2.5%
0.8%
Q4 24
3.8%
0.5%
Q3 24
3.2%
0.9%
Q2 24
3.0%
0.7%
Cash Conversion
HII
HII
PHM
PHM
Q1 26
0.46×
Q4 25
4.09×
1.54×
Q3 25
0.81×
1.16×
Q2 25
5.41×
0.47×
Q1 25
-2.65×
0.26×
Q4 24
3.18×
0.62×
Q3 24
2.11×
0.65×
Q2 24
-0.05×
0.52×

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%

PHM
PHM

Home sale revenues$3.3B97%
Financial Services$71.7M2%
Land sale and other revenues$29.3M1%

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