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Side-by-side financial comparison of Huntington Ingalls Industries (HII) and WEC Energy Group (WEC). 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× WEC Energy Group). WEC Energy Group runs the higher net margin — 12.5% vs 4.6%, a 7.9% gap on every dollar of revenue. On growth, Huntington Ingalls Industries posted the faster year-over-year revenue change (15.7% vs 11.1%). Over the past eight quarters, Huntington Ingalls Industries's revenue compounded faster (11.3% CAGR vs -2.7%).

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.

WEC Energy Group is an American energy company based in Milwaukee, Wisconsin. It provides electricity and natural gas to 4.4 million customers across four states.

HII vs WEC — Head-to-Head

Bigger by revenue
HII
HII
1.4× larger
HII
$3.5B
$2.5B
WEC
Growing faster (revenue YoY)
HII
HII
+4.6% gap
HII
15.7%
11.1%
WEC
Higher net margin
WEC
WEC
7.9% more per $
WEC
12.5%
4.6%
HII
Faster 2-yr revenue CAGR
HII
HII
Annualised
HII
11.3%
-2.7%
WEC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HII
HII
WEC
WEC
Revenue
$3.5B
$2.5B
Net Profit
$159.0M
$316.8M
Gross Margin
63.7%
Operating Margin
4.9%
17.9%
Net Margin
4.6%
12.5%
Revenue YoY
15.7%
11.1%
Net Profit YoY
29.3%
-30.1%
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
WEC
WEC
Q4 25
$3.5B
$2.5B
Q3 25
$3.2B
$2.1B
Q2 25
$3.1B
$2.0B
Q1 25
$2.7B
$3.1B
Q4 24
$3.0B
$2.3B
Q3 24
$2.7B
$1.9B
Q2 24
$3.0B
$1.8B
Q1 24
$2.8B
$2.7B
Net Profit
HII
HII
WEC
WEC
Q4 25
$159.0M
$316.8M
Q3 25
$145.0M
$270.2M
Q2 25
$152.0M
$243.0M
Q1 25
$149.0M
$725.5M
Q4 24
$123.0M
$453.1M
Q3 24
$101.0M
$238.6M
Q2 24
$173.0M
$210.0M
Q1 24
$153.0M
$622.6M
Gross Margin
HII
HII
WEC
WEC
Q4 25
63.7%
Q3 25
71.1%
Q2 25
71.6%
Q1 25
63.0%
Q4 24
67.7%
Q3 24
72.1%
Q2 24
73.5%
Q1 24
65.4%
Operating Margin
HII
HII
WEC
WEC
Q4 25
4.9%
17.9%
Q3 25
5.0%
21.4%
Q2 25
5.3%
20.1%
Q1 25
5.9%
29.8%
Q4 24
3.7%
25.9%
Q3 24
3.0%
20.6%
Q2 24
6.3%
20.6%
Q1 24
5.5%
30.3%
Net Margin
HII
HII
WEC
WEC
Q4 25
4.6%
12.5%
Q3 25
4.5%
12.8%
Q2 25
4.9%
12.1%
Q1 25
5.4%
23.0%
Q4 24
4.1%
19.8%
Q3 24
3.7%
12.8%
Q2 24
5.8%
11.9%
Q1 24
5.5%
23.2%
EPS (diluted)
HII
HII
WEC
WEC
Q4 25
$4.06
Q3 25
$3.68
Q2 25
$3.86
Q1 25
$3.79
Q4 24
$3.15
Q3 24
$2.56
Q2 24
$4.38
Q1 24
$3.87

Balance Sheet & Financial Strength

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

Metric
HII
HII
WEC
WEC
Cash + ST InvestmentsLiquidity on hand
$27.6M
Total DebtLower is stronger
$2.7B
$20.0B
Stockholders' EquityBook value
$5.1B
$14.1B
Total Assets
$12.7B
$51.5B
Debt / EquityLower = less leverage
0.53×
1.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HII
HII
WEC
WEC
Q4 25
$27.6M
Q3 25
$51.1M
Q2 25
$23.0M
Q1 25
$82.2M
Q4 24
$9.8M
Q3 24
$322.5M
Q2 24
$224.0M
Q1 24
$10.0M
$38.9M
Total Debt
HII
HII
WEC
WEC
Q4 25
$2.7B
$20.0B
Q3 25
Q2 25
Q1 25
Q4 24
$2.7B
$18.9B
Q3 24
$16.9B
Q2 24
$16.9B
Q1 24
$15.4B
Stockholders' Equity
HII
HII
WEC
WEC
Q4 25
$5.1B
$14.1B
Q3 25
$5.0B
$14.0B
Q2 25
$4.9B
$13.7B
Q1 25
$4.8B
$13.4B
Q4 24
$4.7B
$12.8B
Q3 24
$4.2B
$12.4B
Q2 24
$4.2B
$12.4B
Q1 24
$4.1B
$12.4B
Total Assets
HII
HII
WEC
WEC
Q4 25
$12.7B
$51.5B
Q3 25
$12.3B
$49.8B
Q2 25
$12.1B
$48.5B
Q1 25
$12.1B
$48.2B
Q4 24
$12.1B
$47.4B
Q3 24
$11.1B
$45.2B
Q2 24
$11.3B
$44.6B
Q1 24
$11.2B
$43.9B
Debt / Equity
HII
HII
WEC
WEC
Q4 25
0.53×
1.42×
Q3 25
Q2 25
Q1 25
Q4 24
0.58×
1.48×
Q3 24
1.36×
Q2 24
1.36×
Q1 24
1.24×

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
WEC
WEC
Operating Cash FlowLast quarter
$650.0M
$424.6M
Free Cash FlowOCF − Capex
$516.0M
FCF MarginFCF / Revenue
14.8%
Capex IntensityCapex / Revenue
3.9%
Cash ConversionOCF / Net Profit
4.09×
1.34×
TTM Free Cash FlowTrailing 4 quarters
$794.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HII
HII
WEC
WEC
Q4 25
$650.0M
$424.6M
Q3 25
$118.0M
$938.9M
Q2 25
$823.0M
$853.3M
Q1 25
$-395.0M
$1.2B
Q4 24
$391.0M
$581.8M
Q3 24
$213.0M
$729.0M
Q2 24
$-9.0M
$1.0B
Q1 24
$-202.0M
$863.6M
Free Cash Flow
HII
HII
WEC
WEC
Q4 25
$516.0M
Q3 25
$13.0M
$-625.7M
Q2 25
$727.0M
$23.9M
Q1 25
$-462.0M
$461.5M
Q4 24
$277.0M
Q3 24
$125.0M
$-67.3M
Q2 24
$-99.0M
$343.5M
Q1 24
$-277.0M
$419.1M
FCF Margin
HII
HII
WEC
WEC
Q4 25
14.8%
Q3 25
0.4%
-29.7%
Q2 25
23.6%
1.2%
Q1 25
-16.9%
14.7%
Q4 24
9.2%
Q3 24
4.5%
-3.6%
Q2 24
-3.3%
19.4%
Q1 24
-9.9%
15.6%
Capex Intensity
HII
HII
WEC
WEC
Q4 25
3.9%
Q3 25
3.3%
74.4%
Q2 25
3.1%
41.3%
Q1 25
2.5%
22.3%
Q4 24
3.8%
Q3 24
3.2%
42.7%
Q2 24
3.0%
39.2%
Q1 24
2.7%
16.6%
Cash Conversion
HII
HII
WEC
WEC
Q4 25
4.09×
1.34×
Q3 25
0.81×
3.47×
Q2 25
5.41×
3.51×
Q1 25
-2.65×
1.60×
Q4 24
3.18×
1.28×
Q3 24
2.11×
3.06×
Q2 24
-0.05×
4.94×
Q1 24
-1.32×
1.39×

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%

WEC
WEC

Wisconsin$1.9B73%
Illinois$441.2M17%
Other States$165.1M7%
External Revenues$74.0M3%
Otheroperatingrevenues$8.0M0%

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