Huntington Ingalls Industries management check
HII · Industrials · Aerospace & Defense · CEO Christopher D. Kastner
Filings as of
4 good · 2 to watch · 1 flagged, across the seven questions below.
- Good
Have owners done well?
Beat its chosen peers$100 invested at the start of fiscal 2021 grew to $223, against $220 for the peer group the company picked itself.
- Good
Does pay follow performance?
Pay rose and fell with returnsOver 5 years, the CEO's pay actually paid (equity valued at the share price) had a correlation of 0.94 with shareholder return. 1 means pay moved in step; below 0, the opposite way.
- Watch
What does the CEO cost owners?
2.3% of net income$13.8m of reported pay in fiscal 2025, against $605.0m of net income.
- Flag
Do they own the stock?
CEO stake ≈ 0.3 years of payThe CEO holds 11,223.951 shares, directly or through trusts (unvested awards not counted): about 0.3 years of pay. 3 insiders sold $5.6m in the last six months and none bought. 1 of 3 sales ran on pre-arranged 10b5-1 plans.
- Good
Are owners being diluted?
Share count shrinkingDiluted shares changed -0.8% a year over the last three fiscal years. Stock-based pay was 0.4% of revenue in the latest year.
- Watch
Is leadership stable?
2 CEOs in the pay tableCEOs in the pay table: C. Michael Petters, Christopher D. Kastner. 3 filings under 8-K item 5.02 (officers or directors leaving or joining, or new pay arrangements) in the last 3 years.
- Good
Are the books clean?
No red flags on fileNo restatements, auditor changes or late filings since 2021.
Against the S&P 500
Each check's score (0–100) and how it compares: the share of ranked S&P 500 companies it matches or beats, and the median in Industrials.
| Check | Score | At or above | Sector median |
|---|---|---|---|
| Owner returns | 52 | 55 | |
| Pay for performance | 97 | 86 | |
| CEO cost | 20 | 48 | |
| Skin in the game | 0 | 55 | |
| Dilution | 59 | 62 | |
| Stable leadership | 60 | 75 | |
| Clean books | 100 | 100 |
Closest peers
Others in Aerospace & Defense, by management score. Huntington Ingalls Industries is 69th of 81 in its sector.
- 21GEGE Aerospace85
- 44RTXRTX Corporation82
- 98HWMHowmet Aerospace76
- 113NOCNorthrop Grumman75
- 130LMTLockheed Martin73
- 154GDGeneral Dynamics72
- 206TXTTextron68
- 217TDGTransDigm Group67
- 310LHXL3Harris61
- 382HIIHuntington Ingalls Industries55
Pay versus performance
From the proxy statement filed March 20, 2026. "Actually paid" values stock awards at the share price, so it rises and falls with the stock.
| Fiscal year | CEO | CEO pay | Actually paid | Other executives (avg) | $100 became | Peers | Net income |
|---|---|---|---|---|---|---|---|
| 2025 | Christopher D. Kastner | $13.8m | $31.0m | $3.3m | $223 | $220 | $605.0m |
| 2024 | Christopher D. Kastner | $14.6m | $4.4m | $2.8m | $121 | $150 | $550.0m |
| 2023 | Christopher D. Kastner | $14.1m | $14.0m | $3.5m | $163 | $121 | $681.0m |
| 2022 | Christopher D. Kastner, C. Michael Petters | $7.7m | $9.5m | $2.7m | $142 | $98 | $579.0m |
| 2021 | C. Michael Petters | $7.7m | $10.5m | $2.8m | $112 | $103 | $544.0m |
The board says pay is tied most to EBITDAP. Its other key measures: Segment operating margin, Operating cash flow, Return on invested capital.
Insiders and the CEO's stake
Christopher D Kastner (Director, President & CEO) held 11,223.951 shares directly after their latest Form 4 on Aug 10, 2026, roughly $3.6m at that filing's price.
3 insiders sold $5.6m in the last six months and none bought. 1 of 3 sales ran on pre-arranged 10b5-1 plans.
- SoldChristopher D KastnerDirector, President & CEO · 10b5-1 plan$4.2mAug 10, 2026
- SoldEdmond E. Jr. HughesEx VP & Chief HR Officer$1.1mMay 28, 2026
- SoldVictoria D HarkerDirector$241kAug 7, 2026
Leadership and governance on file
- Oct 20, 2026Leadership change8-K 5.02
- Jul 29, 2025Leadership change8-K 5.02
- Nov 7, 2024Leadership change8-K 5.02
- Oct 5, 2023Leadership change8-K 5.02
- Dec 20, 2022Leadership change8-K 5.02
- Dec 9, 2022Leadership change8-K 5.02
- Jul 22, 2022Leadership change8-K 5.02
- May 9, 2022Leadership change8-K 5.02
- Mar 4, 2022Leadership change8-K 5.02
- Mar 4, 2022Leadership change8-K/A 5.02
- Feb 1, 2022Leadership change8-K 5.02
- Feb 1, 2022Leadership change8-K 5.02
Latest shareholder vote results: May 1, 2026, including the say-on-pay vote.
Where the money went
Over 2021–2025: $1.4bn returned to owners in buybacks and dividends, 47% of net income, and $180.0m of pay in stock.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $9.5bn | $10.7bn | $11.5bn | $11.5bn | $12.5bn |
| Net income | $544.0m | $579.0m | $681.0m | $550.0m | $605.0m |
| Stock-based pay | $33.0m | $36.0m | $34.0m | $23.0m | $54.0m |
| Buybacks | $101.0m | $52.0m | $75.0m | $162.0m | — |
| Dividends | $186.0m | $192.0m | $200.0m | $206.0m | $213.0m |
| Diluted shares | 40m | 40m | 40m | 39m | 39m |
Educational only, not investment advice. Figures are as filed with the SEC: pay from the proxy's pay-versus-performance table, capital allocation from 10-K XBRL data, insider trades from Form 4s over the last six months, events from the last 5 years of filings. The peer group is the one the company chose. See the method.