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

TE Connectivity is the larger business by last-quarter revenue ($4.7B vs $3.5B, roughly 1.4× Huntington Ingalls Industries). TE Connectivity runs the higher net margin — 18.0% vs 4.6%, a 13.4% gap on every dollar of revenue. On growth, Huntington Ingalls Industries posted the faster year-over-year revenue change (15.7% vs 14.5%). TE Connectivity produced more free cash flow last quarter ($680.0M vs $516.0M). Over the past eight quarters, Huntington Ingalls Industries's revenue compounded faster (11.3% CAGR vs 9.2%).

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.

TE Connectivity plc is an American-Irish domiciled technology company that designs and manufactures electrical and electronic components. It serves several industries, including automotive, aerospace, defense, medical, and energy.

HII vs TEL — Head-to-Head

Bigger by revenue
TEL
TEL
1.4× larger
TEL
$4.7B
$3.5B
HII
Growing faster (revenue YoY)
HII
HII
+1.2% gap
HII
15.7%
14.5%
TEL
Higher net margin
TEL
TEL
13.4% more per $
TEL
18.0%
4.6%
HII
More free cash flow
TEL
TEL
$164.0M more FCF
TEL
$680.0M
$516.0M
HII
Faster 2-yr revenue CAGR
HII
HII
Annualised
HII
11.3%
9.2%
TEL

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
HII
HII
TEL
TEL
Revenue
$3.5B
$4.7B
Net Profit
$159.0M
$855.0M
Gross Margin
36.8%
Operating Margin
4.9%
20.1%
Net Margin
4.6%
18.0%
Revenue YoY
15.7%
14.5%
Net Profit YoY
29.3%
58.0%
EPS (diluted)
$4.06
$2.90

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
TEL
TEL
Q1 26
$4.7B
Q4 25
$3.5B
$4.7B
Q3 25
$3.2B
$4.7B
Q2 25
$3.1B
$4.5B
Q1 25
$2.7B
$4.1B
Q4 24
$3.0B
$3.8B
Q3 24
$2.7B
$4.1B
Q2 24
$3.0B
$4.0B
Net Profit
HII
HII
TEL
TEL
Q1 26
$855.0M
Q4 25
$159.0M
$750.0M
Q3 25
$145.0M
$663.0M
Q2 25
$152.0M
$638.0M
Q1 25
$149.0M
$13.0M
Q4 24
$123.0M
$528.0M
Q3 24
$101.0M
$276.0M
Q2 24
$173.0M
$573.0M
Gross Margin
HII
HII
TEL
TEL
Q1 26
36.8%
Q4 25
37.2%
Q3 25
35.0%
Q2 25
35.3%
Q1 25
35.2%
Q4 24
35.5%
Q3 24
34.0%
Q2 24
34.8%
Operating Margin
HII
HII
TEL
TEL
Q1 26
20.1%
Q4 25
4.9%
20.6%
Q3 25
5.0%
19.3%
Q2 25
5.3%
18.9%
Q1 25
5.9%
18.1%
Q4 24
3.7%
18.0%
Q3 24
3.0%
16.0%
Q2 24
6.3%
19.0%
Net Margin
HII
HII
TEL
TEL
Q1 26
18.0%
Q4 25
4.6%
16.1%
Q3 25
4.5%
14.0%
Q2 25
4.9%
14.1%
Q1 25
5.4%
0.3%
Q4 24
4.1%
13.8%
Q3 24
3.7%
6.8%
Q2 24
5.8%
14.4%
EPS (diluted)
HII
HII
TEL
TEL
Q1 26
$2.90
Q4 25
$4.06
$2.53
Q3 25
$3.68
$2.23
Q2 25
$3.86
$2.14
Q1 25
$3.79
$0.04
Q4 24
$3.15
$1.75
Q3 24
$2.56
$0.96
Q2 24
$4.38
$1.86

Balance Sheet & Financial Strength

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

Metric
HII
HII
TEL
TEL
Cash + ST InvestmentsLiquidity on hand
$1.1B
Total DebtLower is stronger
$2.7B
$5.7B
Stockholders' EquityBook value
$5.1B
$13.2B
Total Assets
$12.7B
$25.7B
Debt / EquityLower = less leverage
0.53×
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HII
HII
TEL
TEL
Q1 26
$1.1B
Q4 25
$1.3B
Q3 25
$1.3B
Q2 25
$672.0M
Q1 25
$2.6B
Q4 24
$1.3B
Q3 24
$1.3B
Q2 24
$1.5B
Total Debt
HII
HII
TEL
TEL
Q1 26
$5.7B
Q4 25
$2.7B
Q3 25
Q2 25
Q1 25
Q4 24
$2.7B
Q3 24
Q2 24
Stockholders' Equity
HII
HII
TEL
TEL
Q1 26
$13.2B
Q4 25
$5.1B
$13.0B
Q3 25
$5.0B
$12.6B
Q2 25
$4.9B
$12.4B
Q1 25
$4.8B
$12.1B
Q4 24
$4.7B
$12.4B
Q3 24
$4.2B
$12.4B
Q2 24
$4.2B
$12.6B
Total Assets
HII
HII
TEL
TEL
Q1 26
$25.7B
Q4 25
$12.7B
$25.6B
Q3 25
$12.3B
$25.1B
Q2 25
$12.1B
$24.9B
Q1 25
$12.1B
$23.7B
Q4 24
$12.1B
$22.4B
Q3 24
$11.1B
$22.9B
Q2 24
$11.3B
$22.9B
Debt / Equity
HII
HII
TEL
TEL
Q1 26
0.43×
Q4 25
0.53×
Q3 25
Q2 25
Q1 25
Q4 24
0.58×
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
TEL
TEL
Operating Cash FlowLast quarter
$650.0M
$947.0M
Free Cash FlowOCF − Capex
$516.0M
$680.0M
FCF MarginFCF / Revenue
14.8%
14.3%
Capex IntensityCapex / Revenue
3.9%
5.7%
Cash ConversionOCF / Net Profit
4.09×
1.11×
TTM Free Cash FlowTrailing 4 quarters
$794.0M
$3.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HII
HII
TEL
TEL
Q1 26
$947.0M
Q4 25
$650.0M
$865.0M
Q3 25
$118.0M
$1.4B
Q2 25
$823.0M
$1.2B
Q1 25
$-395.0M
$653.0M
Q4 24
$391.0M
$878.0M
Q3 24
$213.0M
$1.0B
Q2 24
$-9.0M
$1.0B
Free Cash Flow
HII
HII
TEL
TEL
Q1 26
$680.0M
Q4 25
$516.0M
$607.0M
Q3 25
$13.0M
$1.1B
Q2 25
$727.0M
$957.0M
Q1 25
$-462.0M
$423.0M
Q4 24
$277.0M
$673.0M
Q3 24
$125.0M
$829.0M
Q2 24
$-99.0M
$857.0M
FCF Margin
HII
HII
TEL
TEL
Q1 26
14.3%
Q4 25
14.8%
13.0%
Q3 25
0.4%
24.2%
Q2 25
23.6%
21.1%
Q1 25
-16.9%
10.2%
Q4 24
9.2%
17.5%
Q3 24
4.5%
20.4%
Q2 24
-3.3%
21.5%
Capex Intensity
HII
HII
TEL
TEL
Q1 26
5.7%
Q4 25
3.9%
5.5%
Q3 25
3.3%
5.7%
Q2 25
3.1%
5.1%
Q1 25
2.5%
5.6%
Q4 24
3.8%
5.3%
Q3 24
3.2%
5.2%
Q2 24
3.0%
3.7%
Cash Conversion
HII
HII
TEL
TEL
Q1 26
1.11×
Q4 25
4.09×
1.15×
Q3 25
0.81×
2.14×
Q2 25
5.41×
1.86×
Q1 25
-2.65×
50.23×
Q4 24
3.18×
1.66×
Q3 24
2.11×
3.78×
Q2 24
-0.05×
1.76×

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%

TEL
TEL

Segment breakdown not available.

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