HUNTINGTON INGALLS INDUSTRIES, INC.
For the period ended Dec 31, 2025. Filed Feb 5, 2026.
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FY2025 · Filed Feb 5, 2026
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EARNINGS PER SHARE
- EARNINGS PER SHARE
Basic and diluted earnings per common share were calculated as follows:
| (in millions, except per share amounts) | 2025 | 2024 | 2023 |
|---|---|---|---|
| Net earnings | $605 | $550 | $681 |
| Weighted-average common shares outstanding | 39.3 | 39.4 | 39.9 |
| Net effect of dilutive stock options and awards | — | — | — |
| Dilutive weighted-average common shares outstanding | 39.3 | 39.4 | 39.9 |
| Earnings per share - basic | $15.39 | $13.96 | $17.07 |
| Earnings per share - diluted | $15.39 | $13.96 | $17.07 |
The Company's calculation of diluted earnings per common share includes the dilutive effects of the assumed exercise of stock options and vesting of restricted stock based on the treasury stock method. Under the treasury stock method, the Company has excluded from the diluted share amounts presented above the effects of 0.4 million Restricted Performance Stock Rights ("RPSRs") and 0.1 million Restricted Stock Rights ("RSRs") for each of the years ended December 31, 2025 and 2024, and 0.4 million RPSRs for the year ended December 31, 2023.
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