General Dynamics forward PE GD
Share price divided by analysts' consensus earnings for the next twelve months, since 1996.
- Today, Oct 23, 2026
- 20.0×
- 10-year median
- 18.6×
- Against its 10-year history
- 68th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 10.2× to 23.1×
- Peer median
- 24.1×
General Dynamics' forward PE is 20.0× as of Oct 23, 2026.
That is above its ten-year median of 18.6×, higher than on 68% of days in the last ten years.
Over that time it ranged from 10.2× in Mar 2020 to 23.1× in Jan 2026.
The median for 10 aerospace and defense stocks of a similar size is 24.1×.
Forward PE over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 20.0× | 18.9× | 23.1× |
| 2025 | 21.6× | 16.3× | 22.7× |
| 2024 | 18.0× | 17.8× | 21.5× |
| 2023 | 19.4× | 17.0× | 21.4× |
| 2022 | 21.4× | 17.5× | 22.0× |
| 2021 | 17.7× | 13.1× | 18.1× |
| 2020 | 13.1× | 10.2× | 16.9× |
| 2019 | 16.1× | 13.7× | 17.1× |
| 2018 | 14.0× | 13.6× | 21.9× |
| 2017 | 20.6× | 18.5× | 22.1× |
| 2016 | 18.0× | 13.7× | 18.6× |
| 2015 | 14.9× | 14.8× | 17.2× |
| 2014 | 17.2× | 13.9× | 17.7× |
| 2013 | 14.1× | 10.5× | 14.1× |
| 2012 | 10.1× | 8.6× | 10.5× |
| 2011 | 9.2× | 7.8× | 11.1× |
| 2010 | 10.3× | 8.5× | 12.0× |
| 2009 | 10.8× | 6.1× | 11.1× |
| 2008 | 9.3× | 8.6× | 16.7× |
| 2007 | 16.9× | 15.5× | 18.7× |
Against its peers
Companies in Aerospace & Defense nearest General Dynamics' size, closest first, today.
| Company | Forward PE |
|---|---|
| GDGeneral Dynamics | 20.0× |
| NOCNorthrop Grumman | 18.9× |
| HWMHowmet Aerospace | 31.5× |
| LMTLockheed Martin | 19.2× |
| TDGTransDigm | 23.6× |
| BABoeing | 197× |
| HONAHoneywell Aerospace | 20.1× |
| LHXL3Harris Technologies | 20.6× |
| HEIHEICO | 42.8× |
| RTXRTX | 24.7× |
| AXONAxon Enterprise | 47.0× |
| Peer median | 24.1× |
Where General Dynamics ranks
What the forward PE tells you
Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.
Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.
More on General Dynamics
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.