HII Q2 revenue rises 6.8% to record $3.0 billion; EPS $4.38, up 33.9%
HII reported record second quarter 2024 revenue of $3.0 billion, up 6.8% from a year earlier, with net earnings of $173 million, or $4.38 per diluted share, compared with $3.27 in the second quarter of 2023. The company raised its Mission Technologies revenue guidance range and reaffirmed its shipbuilding guidance, but free cash flow was negative $99 million in the quarter.
Key points
- Revenue of $3.0 billion, up 6.8%; operating income of $189 million, up 21.2%
- Net earnings of $173 million, up 33.1%; diluted EPS of $4.38 versus $3.27
- Free cash flow was negative $99 million, compared with positive $14 million in the second quarter of 2023
- Raised Mission Technologies revenue guidance range and reaffirmed FY24 shipbuilding guidance
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:56 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 01, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.