General Dynamics

US · GD #231 by market cap Listed 1970

326.63 -4.70 -1.42%

Live - 5344 symbols - heartbeat 80s ago · 2026-10-08 07:00

Pre-market 328.25 +0.50%

After-hours 326.56 -0.02%

Overnight 326.50 -0.04%

Market cap: 88.37B
P/E (TTM): 19.92
P/B: 3.29
EPS: 15.45
Div yield: 1.89%
52W pos: 22%

Reader sentiment Are you bullish or bearish on GD?

Anonymous reader poll. Unscientific, not investment advice.

✦ Quant Financial Health how this is computed

Good

Altman Z-Score is 4.14, above the 3.0 "safe zone" threshold.
Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.

Revenue annual, last 8 years

Latest year +10.13% YoY

Margins

Gross margin: 15.13%
Operating margin: 10.19%
Net margin: 8.01%

Key ratios & quality

Enterprise value: 94.35B
PEG ratio: 2.66
Altman Z-Score: 4.14

PEG uses trailing P/E against the 3-year net income growth rate (7.49%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.

Income statement

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	36.19B	39.35B	37.93B	38.47B	39.41B	42.27B	47.72B	52.55B
Gross profit	6.66B	6.99B	6.33B	6.41B	6.62B	6.67B	7.36B	7.95B
Selling & admin expenses	2.26B	2.42B	2.19B	2.25B	2.41B	2.43B	2.57B	2.60B
Research & development	--	--	--	--	--	--	--	--
Operating profit	4.39B	4.57B	4.13B	4.16B	4.21B	4.25B	4.80B	5.36B
Pretax profit	4.09B	4.20B	3.74B	3.87B	4.04B	3.98B	4.54B	5.10B
Tax	727.00M	718.00M	571.00M	616.00M	646.00M	669.00M	758.00M	893.00M
Net profit	3.35B	3.48B	3.17B	3.26B	3.39B	3.32B	3.78B	4.21B
Basic EPS	11	12	11	12	12	12	14	16
Diluted EPS	11.18	11.98	11.00	11.55	12.19	12.02	13.63	15.45

Line item	2025-03	2025-06	2025-09	2025-12	2026-04	2026-07
Revenue	12.22B	13.04B	12.91B	14.38B	13.48B	14.09B
Gross profit	1.89B	1.95B	1.97B	2.14B	2.14B	2.18B
Selling & admin expenses	625.00M	644.00M	637.00M	689.00M	723.00M	723.00M
Research & development	--	--	--	--	--	--
Operating profit	1.27B	1.31B	1.33B	1.45B	1.42B	1.46B
Pretax profit	1.20B	1.23B	1.27B	1.40B	1.37B	1.41B
Tax	206.00M	218.00M	213.00M	256.00M	244.00M	247.00M
Net profit	994.00M	1.01B	1.06B	1.14B	1.13B	1.16B
Basic EPS	4	4	4	4	4	4
Diluted EPS	3.66	3.74	3.88	4.17	4.10	4.24

Balance sheet

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Total current assets	18.19B	20.29B	21.54B	19.99B	21.06B	23.62B	24.39B	24.25B
Cash & ST investments	963.00M	902.00M	2.82B	1.60B	1.24B	1.91B	1.70B	2.33B
Inventory	5.98B	6.31B	5.75B	5.34B	6.32B	8.58B	9.72B	9.23B
Total assets	45.41B	49.35B	51.31B	50.07B	51.59B	54.81B	55.88B	57.25B
Total current liabilities	14.74B	16.80B	15.96B	13.98B	15.34B	16.43B	17.82B	16.80B
Short-term debt	973.00M	3.17B	3.33B	1.34B	1.54B	832.00M	1.82B	1.31B
Long-term debt	11.44B	9.01B	10.00B	10.49B	9.24B	8.75B	7.26B	7.01B
Total liabilities	33,676,000,000.00	35,371,000,000.00	35,647,000,000.00	32,432,000,000.00	33,017,000,000.00	33,511,000,000.00	33,817,000,000.00	31,627,000,000.00
Total equity	11.73B	13.98B	15.66B	17.64B	18.57B	21.30B	22.06B	25.62B
Retained earnings	29.33B	31.63B	33.50B	35.42B	37.40B	39.27B	41.49B	44.08B

Line item	2025-03	2025-06	2025-09	2025-12	2026-04	2026-07
Total current assets	25.12B	25.07B	25.85B	24.25B	26.06B	27.04B
Cash & ST investments	1.24B	1.52B	2.52B	2.33B	3.65B	4.33B
Inventory	9.82B	9.89B	9.81B	9.23B	9.18B	9.10B
Total assets	56.58B	56.89B	57.60B	57.25B	59.03B	60.16B
Total current liabilities	18.76B	18.38B	18.46B	16.80B	18.83B	18.77B
Short-term debt	2.67B	1.52B	1.32B	1.31B	2.06B	1.59B
Long-term debt	7.26B	7.51B	7.01B	7.01B	6.26B	6.26B
Total liabilities	34,355,000,000.00	33,308,000,000.00	33,165,000,000.00	31,627,000,000.00	32,950,000,000.00	33,337,000,000.00
Total equity	22.23B	23.58B	24.43B	25.62B	26.08B	26.83B
Retained earnings	42.08B	42.70B	43.35B	44.08B	44.77B	45.50B

Cash flow

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Operating cash flow	3.15B	2.98B	3.86B	4.27B	4.58B	4.71B	4.11B	5.12B
Depreciation & amortization	763.00M	829.00M	878.00M	890.00M	884.00M	863.00M	886.00M	924.00M
Free cash flow	2.46B	1.99B	2.89B	3.38B	3.47B	3.81B	3.20B	3.96B
Dividends paid	-1.08B	-1.15B	-1.24B	-1.32B	-1.37B	-1.43B	-1.53B	-1.59B
Stock buybacks / issuance	-1.77B	-231.00M	-587.00M	-1.83B	-1.23B	-434.00M	-1.50B	-637.00M
Ending cash balance	963.00M	902.00M	2.82B	1.60B	1.24B	1.91B	1.70B	2.33B

Line item	2025-03	2025-06	2025-09	2025-12	2026-04	2026-07
Operating cash flow	-148.00M	1.60B	2.11B	1.56B	2.16B	1.88B
Depreciation & amortization	223.00M	223.00M	226.00M	252.00M	232.00M	231.00M
Free cash flow	-290.00M	1.40B	1.90B	952.00M	1.95B	1.65B
Dividends paid	-383.00M	-402.00M	-403.00M	-405.00M	-405.00M	-429.00M
Stock buybacks / issuance	-600.00M	0	0	-37.00M	-217.00M	-102.00M
Ending cash balance	1.24B	1.52B	2.52B	2.33B	3.65B	4.33B

Returns & efficiency

Line item	2018	2019	2020	2021	2022	2023	2024	2025
ROE %	28.88	27.53	21.66	19.56	18.72	16.63	17.44	17.66
ROA %	8.32	7.39	6.32	6.43	6.67	6.23	6.83	7.44
ROIC %	18.39	15.11	12.51	11.87	12.02	11.42	12.44	13.12
5-year avg ROE %	25.25	26.83	25.72	24.74	23.13	20.68	18.75	18.00
EBIT margin %	12.32	11.88	11.15	11.19	11.23	10.37	10.34	10.48
FCF / sales %	6.79	5.07	7.62	8.80	8.79	9.00	6.70	7.53
Current ratio	1.23	1.21	1.35	1.43	1.37	1.44	1.37	1.44
Quick ratio	0.77	0.73	0.88	0.94	0.85	0.79	0.72	0.78
Debt / assets	27.35	27.22	28.71	26.31	23.48	20.22	19.11	17.10
LT debt / equity	97.55	73.41	72.79	67.08	56.94	48.13	40.14	33.11
Interest coverage	11.92	9.90	8.64	9.99	11.32	10.98	12.55	13.69
Revenue CAGR (3Y) %	4.43	8.79	6.98	2.05	0.05	3.68	7.44	10.07
Net income CAGR (3Y) %	3.28	10.65	2.84	-0.88	-0.91	1.53	5.11	7.49
FCF CAGR (3Y) %	6.45	4.03	-5.70	11.25	20.22	9.60	-1.89	4.54

Line item	2025-03	2025-06	2025-09	2025-12	2026-04	2026-07
ROE %	18.23	17.91	17.78	17.66	17.97	17.80
ROA %	7.11	7.28	7.34	7.44	7.51	7.67
ROIC %	13.02	13.13	13.28	13.12	13.37	13.53
5-year avg ROE %	--	--	--	--	--	--
EBIT margin %	10.51	10.58	10.62	10.48	10.51	10.55
FCF / sales %	6.79	8.22	9.34	7.53	11.52	11.75
Current ratio	1.34	1.36	1.40	1.44	1.38	1.44
Quick ratio	0.73	0.74	0.78	0.78	0.79	0.85
Debt / assets	20.34	18.67	17.15	17.10	16.66	15.76
LT debt / equity	39.78	38.58	35.02	33.11	29.79	29.42
Interest coverage	12.93	13.16	13.81	13.69	14.80	16.88
Revenue CAGR (3Y) %	--	--	--	--	--	--
Net income CAGR (3Y) %	--	--	--	--	--	--
FCF CAGR (3Y) %	--	--	--	--	--	--

✦ Quant Revenue Concentration how this is computed

Diversified

Marine Systems is the largest reported line at 33.06% of revenue, across 4 reported segments.
No single line clears half of revenue; Technologies is next at 25.68%, spreading the business across more than one real driver.

Revenue breakdown most recent period

Business

Marine Systems33.06%

Technologies25.68%

Aerospace25.01%

Combat Systems16.25%

Quote time 2026-10-08 07:00:17 · For reference only, not investment advice and not tailored to your situation.