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

Sherwin-Williams is the larger business by last-quarter revenue ($5.7B vs $3.5B, roughly 1.6× Huntington Ingalls Industries). Sherwin-Williams runs the higher net margin — 9.4% vs 4.6%, a 4.9% gap on every dollar of revenue. On growth, Huntington Ingalls Industries posted the faster year-over-year revenue change (15.7% vs 6.8%). Over the past eight quarters, Huntington Ingalls Industries's revenue compounded faster (11.3% CAGR vs -4.9%).

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.

Sherwin-Williams is an American paints and coatings company based in Cleveland, Ohio. It is primarily engaged in the manufacture, distribution, and sale of paints, coatings, floorcoverings, and related products with operations in over 120 countries. As of 2024, it is the largest coatings company in the world by revenue.

HII vs SHW — Head-to-Head

Bigger by revenue
SHW
SHW
1.6× larger
SHW
$5.7B
$3.5B
HII
Growing faster (revenue YoY)
HII
HII
+8.9% gap
HII
15.7%
6.8%
SHW
Higher net margin
SHW
SHW
4.9% more per $
SHW
9.4%
4.6%
HII
Faster 2-yr revenue CAGR
HII
HII
Annualised
HII
11.3%
-4.9%
SHW

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
HII
HII
SHW
SHW
Revenue
$3.5B
$5.7B
Net Profit
$159.0M
$534.7M
Gross Margin
49.1%
Operating Margin
4.9%
Net Margin
4.6%
9.4%
Revenue YoY
15.7%
6.8%
Net Profit YoY
29.3%
6.1%
EPS (diluted)
$4.06
$2.15

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
SHW
SHW
Q1 26
$5.7B
Q4 25
$3.5B
$5.6B
Q3 25
$3.2B
$6.4B
Q2 25
$3.1B
$6.3B
Q1 25
$2.7B
$5.3B
Q4 24
$3.0B
$5.3B
Q3 24
$2.7B
$6.2B
Q2 24
$3.0B
$6.3B
Net Profit
HII
HII
SHW
SHW
Q1 26
$534.7M
Q4 25
$159.0M
$476.8M
Q3 25
$145.0M
$833.1M
Q2 25
$152.0M
$754.7M
Q1 25
$149.0M
$503.9M
Q4 24
$123.0M
$480.1M
Q3 24
$101.0M
$806.2M
Q2 24
$173.0M
$889.9M
Gross Margin
HII
HII
SHW
SHW
Q1 26
49.1%
Q4 25
48.5%
Q3 25
49.2%
Q2 25
49.4%
Q1 25
48.2%
Q4 24
48.6%
Q3 24
49.1%
Q2 24
48.8%
Operating Margin
HII
HII
SHW
SHW
Q1 26
Q4 25
4.9%
11.4%
Q3 25
5.0%
16.7%
Q2 25
5.3%
15.6%
Q1 25
5.9%
12.3%
Q4 24
3.7%
11.6%
Q3 24
3.0%
21.4%
Q2 24
6.3%
22.5%
Net Margin
HII
HII
SHW
SHW
Q1 26
9.4%
Q4 25
4.6%
8.5%
Q3 25
4.5%
13.1%
Q2 25
4.9%
12.0%
Q1 25
5.4%
9.5%
Q4 24
4.1%
9.1%
Q3 24
3.7%
13.1%
Q2 24
5.8%
14.2%
EPS (diluted)
HII
HII
SHW
SHW
Q1 26
$2.15
Q4 25
$4.06
$1.91
Q3 25
$3.68
$3.35
Q2 25
$3.86
$3.00
Q1 25
$3.79
$2.00
Q4 24
$3.15
$1.90
Q3 24
$2.56
$3.18
Q2 24
$4.38
$3.50

Balance Sheet & Financial Strength

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

Metric
HII
HII
SHW
SHW
Cash + ST InvestmentsLiquidity on hand
$216.9K
Total DebtLower is stronger
$2.7B
$11.7M
Stockholders' EquityBook value
$5.1B
$4.4M
Total Assets
$12.7B
$26.4M
Debt / EquityLower = less leverage
0.53×
2.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HII
HII
SHW
SHW
Q1 26
$216.9K
Q4 25
$207.2M
Q3 25
$241.5M
Q2 25
$269.8M
Q1 25
$199.8M
Q4 24
$210.4M
Q3 24
$238.2M
Q2 24
$200.0M
Total Debt
HII
HII
SHW
SHW
Q1 26
$11.7M
Q4 25
$2.7B
$9.7B
Q3 25
$9.7B
Q2 25
$9.0B
Q1 25
$9.0B
Q4 24
$2.7B
$9.2B
Q3 24
$9.2B
Q2 24
$9.0B
Stockholders' Equity
HII
HII
SHW
SHW
Q1 26
$4.4M
Q4 25
$5.1B
$4.6B
Q3 25
$5.0B
$4.4B
Q2 25
$4.9B
$4.4B
Q1 25
$4.8B
$4.1B
Q4 24
$4.7B
$4.1B
Q3 24
$4.2B
$4.2B
Q2 24
$4.2B
$3.8B
Total Assets
HII
HII
SHW
SHW
Q1 26
$26.4M
Q4 25
$12.7B
$25.9B
Q3 25
$12.3B
$26.2B
Q2 25
$12.1B
$25.4B
Q1 25
$12.1B
$24.6B
Q4 24
$12.1B
$23.6B
Q3 24
$11.1B
$24.0B
Q2 24
$11.3B
$23.7B
Debt / Equity
HII
HII
SHW
SHW
Q1 26
2.64×
Q4 25
0.53×
2.10×
Q3 25
2.18×
Q2 25
2.04×
Q1 25
2.17×
Q4 24
0.58×
2.28×
Q3 24
2.22×
Q2 24
2.39×

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
SHW
SHW
Operating Cash FlowLast quarter
$650.0M
Free Cash FlowOCF − Capex
$516.0M
FCF MarginFCF / Revenue
14.8%
Capex IntensityCapex / Revenue
3.9%
2.4%
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
SHW
SHW
Q1 26
Q4 25
$650.0M
$1.1B
Q3 25
$118.0M
$1.3B
Q2 25
$823.0M
$1.1B
Q1 25
$-395.0M
$-61.1M
Q4 24
$391.0M
$934.5M
Q3 24
$213.0M
$1.1B
Q2 24
$-9.0M
$1.2B
Free Cash Flow
HII
HII
SHW
SHW
Q1 26
Q4 25
$516.0M
$862.1M
Q3 25
$13.0M
$1.1B
Q2 25
$727.0M
$931.1M
Q1 25
$-462.0M
$-250.4M
Q4 24
$277.0M
$634.5M
Q3 24
$125.0M
$839.4M
Q2 24
$-99.0M
$952.0M
FCF Margin
HII
HII
SHW
SHW
Q1 26
Q4 25
14.8%
15.4%
Q3 25
0.4%
17.5%
Q2 25
23.6%
14.7%
Q1 25
-16.9%
-4.7%
Q4 24
9.2%
12.0%
Q3 24
4.5%
13.6%
Q2 24
-3.3%
15.2%
Capex Intensity
HII
HII
SHW
SHW
Q1 26
2.4%
Q4 25
3.9%
4.1%
Q3 25
3.3%
3.1%
Q2 25
3.1%
2.9%
Q1 25
2.5%
3.6%
Q4 24
3.8%
5.7%
Q3 24
3.2%
3.8%
Q2 24
3.0%
4.0%
Cash Conversion
HII
HII
SHW
SHW
Q1 26
Q4 25
4.09×
2.29×
Q3 25
0.81×
1.57×
Q2 25
5.41×
1.47×
Q1 25
-2.65×
-0.12×
Q4 24
3.18×
1.95×
Q3 24
2.11×
1.33×
Q2 24
-0.05×
1.35×

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%

SHW
SHW

Segment breakdown not available.

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