General Dynamics price to free cash flow GD

Market value divided by free cash flow over the last twelve months, since 2010.

Today, Oct 23, 2026: 14.7×
10-year median: 20.5×
Against its 10-year history: 12th; percentile: 0 is its lowest day, 100 its highest
10-year range: 10.9× to 45.2×
Peer median: 36.0×

General Dynamics' price to free cash flow is 14.7× as of Oct 23, 2026.

That is below its ten-year median of 20.5×, lower than on 88% of days in the last ten years.

Over that time it ranged from 10.9× in Jun 2022 to 45.2× in Jan 2017.

The median for 10 aerospace and defense stocks of a similar size is 36.0×.

Price to free cash flow over time

median 20.5×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	14.7×	13.9×	24.8×
2025	19.2×	18.9×	32.1×
2024	32.1×	19.4×	39.8×
2023	22.9×	13.6×	22.9×
2022	14.9×	10.9×	20.1×
2021	13.5×	12.5×	18.5×
2020	15.9×	14.0×	29.9×
2019	28.4×	18.9×	35.2×
2018	18.6×	18.0×	29.6×
2017	26.6×	25.8×	45.2×
2016	42.1×	20.8×	43.6×
2015	27.9×	9.1×	30.2×
2014	9.7×	9.1×	18.8×
2013	17.7×	6.7×	17.7×
2012	6.9×	6.3×	11.7×
2011	10.7×	6.8×	11.1×
2010	9.8×	8.9×	10.9×

Against its peers

Companies in Aerospace & Defense nearest General Dynamics' size, closest first, today.

Company	Price to free cash flow
GDGeneral Dynamics	14.7×
NOCNorthrop Grumman	21.5×
HWMHowmet Aerospace	41.4×
LMTLockheed Martin	n/m
TDGTransDigm	31.7×
BABoeing	n/m
HONAHoneywell Aerospace	n/m
LHXL3Harris Technologies	16.8×
HEIHEICO	40.3×
RTXRTX	n/m
AXONAxon Enterprise	256×
Peer median	36.0×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on General Dynamics

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.