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Side-by-side financial comparison of Huntington Ingalls Industries (HII) and Tapestry, Inc. (TPR). Click either name above to swap in a different company.
Huntington Ingalls Industries is the larger business by last-quarter revenue ($3.5B vs $2.5B, roughly 1.4× Tapestry, Inc.). Tapestry, Inc. runs the higher net margin — 22.4% vs 4.6%, a 17.9% gap on every dollar of revenue. On growth, Huntington Ingalls Industries posted the faster year-over-year revenue change (15.7% vs 14.0%). Tapestry, Inc. produced more free cash flow last quarter ($1.0B vs $516.0M). Over the past eight quarters, Tapestry, Inc.'s revenue compounded faster (29.9% CAGR vs 11.3%).
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.
Tapestry, Inc. is a leading American multinational luxury fashion holding company. It owns three iconic lifestyle brands: Coach, Kate Spade New York, and Stuart Weitzman, offering premium handbags, apparel, footwear, accessories, and fragrances to global consumers via physical retail stores and e-commerce platforms.
HII vs TPR — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $3.5B | $2.5B |
| Net Profit | $159.0M | $561.3M |
| Gross Margin | — | 75.5% |
| Operating Margin | 4.9% | 28.6% |
| Net Margin | 4.6% | 22.4% |
| Revenue YoY | 15.7% | 14.0% |
| Net Profit YoY | 29.3% | 80.8% |
| EPS (diluted) | $4.06 | $2.68 |
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.
| Q4 25 | $3.5B | $2.5B | ||
| Q3 25 | $3.2B | $1.7B | ||
| Q2 25 | $3.1B | $1.7B | ||
| Q1 25 | $2.7B | $1.6B | ||
| Q4 24 | $3.0B | $2.2B | ||
| Q3 24 | $2.7B | $1.5B | ||
| Q2 24 | $3.0B | $1.6B | ||
| Q1 24 | $2.8B | $1.5B |
| Q4 25 | $159.0M | $561.3M | ||
| Q3 25 | $145.0M | $274.8M | ||
| Q2 25 | $152.0M | $-517.1M | ||
| Q1 25 | $149.0M | $203.3M | ||
| Q4 24 | $123.0M | $310.4M | ||
| Q3 24 | $101.0M | $186.6M | ||
| Q2 24 | $173.0M | $159.3M | ||
| Q1 24 | $153.0M | $139.4M |
| Q4 25 | — | 75.5% | ||
| Q3 25 | — | 76.3% | ||
| Q2 25 | — | 76.3% | ||
| Q1 25 | — | 76.1% | ||
| Q4 24 | — | 74.4% | ||
| Q3 24 | — | 75.3% | ||
| Q2 24 | — | 74.9% | ||
| Q1 24 | — | 74.7% |
| Q4 25 | 4.9% | 28.6% | ||
| Q3 25 | 5.0% | 19.3% | ||
| Q2 25 | 5.3% | -33.9% | ||
| Q1 25 | 5.9% | 16.0% | ||
| Q4 24 | 3.7% | 22.4% | ||
| Q3 24 | 3.0% | 16.7% | ||
| Q2 24 | 6.3% | 14.8% | ||
| Q1 24 | 5.5% | 13.8% |
| Q4 25 | 4.6% | 22.4% | ||
| Q3 25 | 4.5% | 16.1% | ||
| Q2 25 | 4.9% | -30.0% | ||
| Q1 25 | 5.4% | 12.8% | ||
| Q4 24 | 4.1% | 14.1% | ||
| Q3 24 | 3.7% | 12.4% | ||
| Q2 24 | 5.8% | 10.0% | ||
| Q1 24 | 5.5% | 9.4% |
| Q4 25 | $4.06 | $2.68 | ||
| Q3 25 | $3.68 | $1.28 | ||
| Q2 25 | $3.86 | $-2.30 | ||
| Q1 25 | $3.79 | $0.95 | ||
| Q4 24 | $3.15 | $1.38 | ||
| Q3 24 | $2.56 | $0.79 | ||
| Q2 24 | $4.38 | $0.67 | ||
| Q1 24 | $3.87 | $0.60 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $1.1B |
| Total DebtLower is stronger | $2.7B | $2.4B |
| Stockholders' EquityBook value | $5.1B | $551.2M |
| Total Assets | $12.7B | $6.5B |
| Debt / EquityLower = less leverage | 0.53× | 4.32× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $743.2M | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | — | $7.3B | ||
| Q2 24 | — | $7.2B | ||
| Q1 24 | $10.0M | $7.4B |
| Q4 25 | $2.7B | $2.4B | ||
| Q3 25 | — | $2.4B | ||
| Q2 25 | — | $2.4B | ||
| Q1 25 | — | $2.4B | ||
| Q4 24 | $2.7B | $2.4B | ||
| Q3 24 | — | $7.0B | ||
| Q2 24 | — | $6.9B | ||
| Q1 24 | — | $7.7B |
| Q4 25 | $5.1B | $551.2M | ||
| Q3 25 | $5.0B | $399.5M | ||
| Q2 25 | $4.9B | $857.8M | ||
| Q1 25 | $4.8B | $1.5B | ||
| Q4 24 | $4.7B | $1.3B | ||
| Q3 24 | $4.2B | $3.0B | ||
| Q2 24 | $4.2B | $2.9B | ||
| Q1 24 | $4.1B | $2.8B |
| Q4 25 | $12.7B | $6.5B | ||
| Q3 25 | $12.3B | $6.4B | ||
| Q2 25 | $12.1B | $6.6B | ||
| Q1 25 | $12.1B | $7.3B | ||
| Q4 24 | $12.1B | $7.3B | ||
| Q3 24 | $11.1B | $13.7B | ||
| Q2 24 | $11.3B | $13.4B | ||
| Q1 24 | $11.2B | $13.7B |
| Q4 25 | 0.53× | 4.32× | ||
| Q3 25 | — | 5.95× | ||
| Q2 25 | — | 2.77× | ||
| Q1 25 | — | 1.59× | ||
| Q4 24 | 0.58× | 1.78× | ||
| Q3 24 | — | 2.35× | ||
| Q2 24 | — | 2.39× | ||
| Q1 24 | — | 2.77× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $650.0M | $1.1B |
| Free Cash FlowOCF − Capex | $516.0M | $1.0B |
| FCF MarginFCF / Revenue | 14.8% | 41.5% |
| Capex IntensityCapex / Revenue | 3.9% | 1.7% |
| Cash ConversionOCF / Net Profit | 4.09× | 1.93× |
| TTM Free Cash FlowTrailing 4 quarters | $794.0M | $1.6B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $650.0M | $1.1B | ||
| Q3 25 | $118.0M | $112.6M | ||
| Q2 25 | $823.0M | $446.8M | ||
| Q1 25 | $-395.0M | $144.3M | ||
| Q4 24 | $391.0M | $506.0M | ||
| Q3 24 | $213.0M | $119.5M | ||
| Q2 24 | $-9.0M | $256.0M | ||
| Q1 24 | $-202.0M | $97.8M |
| Q4 25 | $516.0M | $1.0B | ||
| Q3 25 | $13.0M | $80.2M | ||
| Q2 25 | $727.0M | $411.5M | ||
| Q1 25 | $-462.0M | $113.4M | ||
| Q4 24 | $277.0M | $475.1M | ||
| Q3 24 | $125.0M | $93.9M | ||
| Q2 24 | $-99.0M | $209.8M | ||
| Q1 24 | $-277.0M | $78.8M |
| Q4 25 | 14.8% | 41.5% | ||
| Q3 25 | 0.4% | 4.7% | ||
| Q2 25 | 23.6% | 23.9% | ||
| Q1 25 | -16.9% | 7.2% | ||
| Q4 24 | 9.2% | 21.6% | ||
| Q3 24 | 4.5% | 6.2% | ||
| Q2 24 | -3.3% | 13.2% | ||
| Q1 24 | -9.9% | 5.3% |
| Q4 25 | 3.9% | 1.7% | ||
| Q3 25 | 3.3% | 1.9% | ||
| Q2 25 | 3.1% | 2.0% | ||
| Q1 25 | 2.5% | 2.0% | ||
| Q4 24 | 3.8% | 1.4% | ||
| Q3 24 | 3.2% | 1.7% | ||
| Q2 24 | 3.0% | 2.9% | ||
| Q1 24 | 2.7% | 1.3% |
| Q4 25 | 4.09× | 1.93× | ||
| Q3 25 | 0.81× | 0.41× | ||
| Q2 25 | 5.41× | — | ||
| Q1 25 | -2.65× | 0.71× | ||
| Q4 24 | 3.18× | 1.63× | ||
| Q3 24 | 2.11× | 0.64× | ||
| Q2 24 | -0.05× | 1.61× | ||
| Q1 24 | -1.32× | 0.70× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HII
| Aircraftcarriers | $984.0M | 28% |
| Fixedpriceincentive | $758.0M | 22% |
| Submarines | $744.0M | 21% |
| Surfacecombatantsandcoastguardcutters | $452.0M | 13% |
| Amphibiousassaultships | $433.0M | 12% |
| Costtype | $123.0M | 4% |
| Otherprograms | $4.0M | 0% |
TPR
| Coach | $1.4B | 57% |
| Other | $787.0M | 31% |
| Kate Spade Company | $290.0M | 12% |
