General Dynamics Corporation logo

General Dynamics Corporation

GD

NYSEIndustrialsAerospace & Defense

Previous close

$384.29

−$1.78 · -0.46%

Aug 21, 4:00 PM ET

Pre-market

$383.39

−$0.90 · -0.23%

Aug 24, 5:47 AM ET

GD company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

84

Deep Value

Momentum

56

Neutral

Sentiment

72

Bullish

Risk resilience

86

Low Risk

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Company profile

Company website

General Dynamics Corporation is a global leader in the aerospace and defense industry, with its operations structured across four key divisions: Aerospace, Marine Systems, Combat Systems, and Technologies. The Aerospace segment focuses on the design, production, and sale of business jets, alongside offering a full suite of aviation services including aircraft maintenance, repair, management, charter services, and ground support. Marine Systems specializes in shipbuilding for the U.S. Navy, constructing nuclear-powered submarines, surface warships, and auxiliary vessels. This division also builds various commercial ships, such as tankers and cargo carriers. Furthermore, it provides extensive maintenance, modernization, and lifecycle support, along with engineering and design services for both naval and commercial fleets. Combat Systems is dedicated to creating land-based defense solutions, manufacturing a diverse range of products including wheeled and tracked combat vehicles (like the Stryker and Piranha), main battle tanks, armored vehicles, weapon systems, munitions, and mobile bridge systems. This segment also delivers modernization programs, engineering expertise, and ongoing sustainment services. The Technologies division offers sophisticated information technology and mission support services, catering primarily to military, intelligence, and federal civilian clients. Its offerings span mobile communication, computing, command-and-control systems, and intelligence, surveillance, and reconnaissance (ISR) capabilities. Additionally, this segment is deeply involved in cutting-edge areas such as cloud computing, artificial intelligence, machine learning, big data analytics, DevOps, software-defined networks, "everything-as-a-service" models, defense enterprise office systems, and the assembly of unmanned undersea vehicles. Established in 1899, General Dynamics Corporation is headquartered in Reston, Virginia.

Industry
Aerospace & Defense
Sector
Industrials
Headquarters
US
CEO
Phebe N. Novakovic
Listed since
Jan 13, 1978
Employees
117,000

Market position

Day range

Current $384.29

52-week range

Current $384.29

Open
$387
Previous close
$386.07
Volume
527.74K
0.43× average
Average volume
1.24M
Average daily volume
Market cap
103.97B USD
Beta
0.33
Market reference 1
50-day average
$374.06
+2.74% above average
200-day average
$353.15
+8.82% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
98.32B USD
P/E (TTM)
23.11×
P/B (TTM)
3.87×
P/S (TTM)
1.9×
EV / EBITDA
16.13×
Earnings yield
4.63%
Free cash flow yield
4.36%
Dividend yield
1.61%

Profitability & efficiency

Gross margin
15.38%
Operating margin
10.32%
Net margin
8.18%
Return on equity
16.43%
Return on assets
7.35%
Return on invested capital
10.58%

Financial health

Debt / equity
0.35×
Current ratio
1.44×
Altman Z-score
4.32
Piotroski F-score
8 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends18%14%11%7%Gross margin, FY2021: 16.66%Gross margin, FY2022: 16.80%Gross margin, FY2023: 15.78%Gross margin, FY2024: 15.43%Gross margin, FY2025: 15.13%Operating margin, FY2021: 10.82%Operating margin, FY2022: 10.69%Operating margin, FY2023: 10.04%Operating margin, FY2024: 10.05%Operating margin, FY2025: 10.19%Net margin, FY2021: 8.47%Net margin, FY2022: 8.60%Net margin, FY2023: 7.84%Net margin, FY2024: 7.93%Net margin, FY2025: 8.01%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 16.66%. Gross margin FY2022 16.80%. Gross margin FY2023 15.78%. Gross margin FY2024 15.43%. Gross margin FY2025 15.13%. Operating margin FY2021 10.82%. Operating margin FY2022 10.69%. Operating margin FY2023 10.04%. Operating margin FY2024 10.05%. Operating margin FY2025 10.19%. Net margin FY2021 8.47%. Net margin FY2022 8.60%. Net margin FY2023 7.84%. Net margin FY2024 7.93%. Net margin FY2025 8.01%.

Income trends

Revenue

52.55B USD+10.13%

Operating income

5.36B USD+11.68%

Net income

4.21B USD+11.32%
Income trends across reported periods57.48B USD37.76B USD18.04B USD−1.67B USDRevenue, FY2021: 38.47B USDRevenue, FY2022: 39.41B USDRevenue, FY2023: 42.27B USDRevenue, FY2024: 47.72B USDRevenue, FY2025: 52.55B USDOperating income, FY2021: 4.16B USDOperating income, FY2022: 4.21B USDOperating income, FY2023: 4.25B USDOperating income, FY2024: 4.8B USDOperating income, FY2025: 5.36B USDNet income, FY2021: 3.26B USDNet income, FY2022: 3.39B USDNet income, FY2023: 3.32B USDNet income, FY2024: 3.78B USDNet income, FY2025: 4.21B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 38.47B USD. Revenue FY2022 39.41B USD. Revenue FY2023 42.27B USD. Revenue FY2024 47.72B USD. Revenue FY2025 52.55B USD. Operating income FY2021 4.16B USD. Operating income FY2022 4.21B USD. Operating income FY2023 4.25B USD. Operating income FY2024 4.8B USD. Operating income FY2025 5.36B USD. Net income FY2021 3.26B USD. Net income FY2022 3.39B USD. Net income FY2023 3.32B USD. Net income FY2024 3.78B USD. Net income FY2025 4.21B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue52.55B USD47.72B USD42.27B USD39.41B USD38.47B USD
Cost of goods sold44.6B USD40.35B USD35.6B USD32.79B USD32.06B USD
Gross profit7.95B USD7.36B USD6.67B USD6.62B USD6.41B USD
Research and development486M USD565M USD510M USD480M USD415M USD
Selling, general, and administrative2.53B USD2.57B USD2.43B USD2.41B USD2.25B USD
Operating expenses2.6B USD2.57B USD2.43B USD2.41B USD2.25B USD
Interest income69M USD56M USD27M USD7M USD
Interest expense314M USD393M USD399M USD391M USD431M USD
Depreciation and amortization680M USD886M USD863M USD884M USD890M USD
Operating income5.36B USD4.8B USD4.25B USD4.21B USD4.16B USD
Net income4.21B USD3.78B USD3.32B USD3.39B USD3.26B USD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
15.46
FY2025 · +13.43% year over year
Latest fiscal-year revenue
52.55B USD
FY2025 · +10.13% year over year
Next fiscal-year EPS consensus
16.97
FY2026 · 14 analysts
Next fiscal-year revenue consensus
55.94B USD
FY2026 · 16 analysts

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend21.9918.1914.410.6FY21FY22FY23FY24FY25FY26FY27FY28

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend65.42B55.62B45.82B36.02BFY21FY22FY23FY24FY25FY26FY27FY28

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

35 ratings
Strong buy00%
Buy2057%
Hold1440%
Sell13%
Strong sell00%

Recent analyst actions

12 institutions
BNP ParibasmaintainOutperform

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$5.92

2025 complete year+26.8% since 2021

2026 partial: $4.68

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Oct 9, 2026

$1.59

Quarterly

Record Oct 9, 2026 · Payment Nov 13, 2026

Dividend

Ex-dividend Jul 2, 2026

$1.59

Quarterly

Record Jul 2, 2026 · Payment Aug 7, 2026

Dividend

Ex-dividend Apr 10, 2026

$1.59

Quarterly

Record Apr 10, 2026 · Payment May 8, 2026

Dividend

Ex-dividend Jan 16, 2026

$1.50

Quarterly

Record Jan 16, 2026 · Payment Feb 6, 2026

Dividend

Ex-dividend Oct 10, 2025

$1.50

Quarterly

Record Oct 10, 2025 · Payment Nov 14, 2025

Dividend

Ex-dividend Jul 3, 2025

$1.50

Quarterly

Record Jul 3, 2025 · Payment Aug 8, 2025

GD peers

ETFs holding GD

Funds reporting this stock among their holdings, ordered by reported position size.

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