SuperworthGeneral Dynamics GD
- Market cap
- $94.5B
- PE
- 21.3×
- 10y median 19.4×
- Forward PE
- 20.0×
- 10y median 18.6×
- Price to sales
- 1.7×
- EV/EBIT
- 17.3×
- Revenue, 12 months
- $54.9B
- +9% on a year ago
- Net margin
- 8.2%
- Free cash flow yield
- 6.8%
General Dynamics trades at 21.3× trailing earnings, pricier than 77% of the last ten years. Revenue was $54.9B over the last twelve months, up 9% on a year earlier with a 8% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $10.6B+6% | $11.7B+8% | $10.7B+9% | $12B+18% | $11.7B+10% | $13.3B+14% | $12.2B+14% | $13B+9% | $12.9B+11% | $14.4B+8% | $13.5B+10% | $14.1B+8% | |
| Cost of revenue | $8.9B+7% | $9.7B+8% | $9.1B+9% | $10.2B+19% | $9.9B+11% | $11.3B+16% | $10.3B+14% | $11.1B+9% | $10.9B+11% | $12.2B+9% | $11.3B+10% | $11.9B+7% |
| Gross profit | $1.7B−0% | $1.9B+5% | $1.7B+9% | $1.8B+15% | $1.8B+10% | $2.1B+8% | $1.9B+14% | $1.9B+8% | $2B+8% | $2.1B+3% | $2.1B+13% | $2.2B+12% |
| SG&A | $601M+6% | $635M+5% | $627M+7% | $644M+6% | $635M+6% | $662M+4% | $625M−0% | $644M+0% | $637M+0% | $689M+4% | $723M+16% | $723M+12% |
| $1.1B−4% | $1.3B+5% | $1B+10% | $1.2B+20% | $1.2B+12% | $1.4B+11% | $1.3B+22% | $1.3B+13% | $1.3B+13% | $1.5B+2% | $1.4B+12% | $1.5B+12% | |
| Interest expense | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Pre-tax income | $991M−6% | $1.2B+1% | $968M+10% | $1.1B+23% | $1.1B+12% | $1.4B+12% | $1.2B+24% | $1.2B+13% | $1.3B+14% | $1.4B+2% | $1.4B+14% | $1.4B+14% |
| $155M+3% | $222M+1% | $169M+13% | $185M+30% | $184M+19% | $220M−1% | $206M+22% | $218M+18% | $213M+16% | $256M+16% | $244M+18% | $247M+13% | |
| Net income | $836M−7% | $1B+1% | $799M+10% | $905M+22% | $930M+11% | $1.1B+14% | $994M+24% | $1B+12% | $1.1B+14% | $1.1B−0% | $1.1B+13% | $1.2B+14% |
| $3.04−7% | $3.63+2% | $2.88+9% | $3.26+21% | $3.35+10% | $4.14+14% | $3.66+27% | $3.74+15% | $3.88+16% | $4.17+1% | $4.10+12% | $4.24+13% | |
| 274.7M−1% | 276.6M−0% | 277M+0% | 277.7M+1% | 277.9M+1% | 277.4M+0% | 271.7M−2% | 270.9M−2% | 272.6M−2% | 274.4M−1% | 274.1M+1% | 273.5M+1% |
Gross profit: 73 periods, Q2 FY08 to Q2 FY26: not printed by the filing, worked out from its own lines.
EPS, diluted: Q4 FY08 and Q4 FY09: quarter's net income to common over its shares, to the cent, the shares from counts implied by EPS, near the year's EPS less the nine months'. 16 periods, Q4 FY10 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: 3 periods, Q2 FY08 to Q1 FY09: not printed by the filing, worked out from its own lines. 16 periods, Q4 FY09 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY12: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY26 | $13.7B | $13.6B to $13.9B | $4.12 | $4.04 to $4.23 | 12 |
| Q4 FY26 | $14.7B | $14.3B to $15B | $4.55 | $4.42 to $4.68 | 11 |
| Q1 FY27 | $13.9B | $13.4B to $14.4B | $4.28 | $4.10 to $4.48 | 4 |
| Q2 FY27 | $14.6B | $14.1B to $15.1B | $4.51 | $4.31 to $4.71 | 4 |
| Q3 FY27 | $14.5B | $14B to $15B | $4.57 | $4.37 to $4.78 | 5 |
| Q4 FY27 | $15.4B | $14.9B to $16B | $5.03 | $4.81 to $5.26 | 9 |
| Q1 FY28 | $14.4B | $13.9B to $14.9B | $4.50 | $4.30 to $4.71 | 5 |
| Q2 FY28 | $15.1B | $14.6B to $15.6B | $4.76 | $4.55 to $4.98 | 5 |
Peers
Companies in Aerospace & Defense nearest General Dynamics' size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| GDGeneral Dynamics | $94.5B | 21.3× | 19.4× | 20.0× | 1.7× | +9% | 8.2% |
| NOCNorthrop Grumman | $78.3B | 17.5× | 19.5× | 18.9× | 1.8× | +6% | 10.5% |
| HWMHowmet Aerospace | $74.1B | 40.1× | 40.9× | 31.5× | 8.1× | +18% | 20.5% |
| LMTLockheed Martin | $139.4B | 21.5× | 18.7× | 19.2× | 1.8× | +8% | 8.2% |
| TDGTransDigm | $61.1B | 33.5× | 42.3× | 23.6× | 6.1× | +17% | 21.3% |
| BABoeing | $148.9B | 81.5× | 24.0× | 197× | 1.6× | +25% | 2.6% |
| HONAHoneywell Aerospace | $51.8B | n/m | n/a | 20.1× | n/m | n/m | n/m |
| LHXL3Harris Technologies | $47.3B | 25.6× | 30.1× | 20.6× | n/m | n/m | n/m |
| HEIHEICO | $41.6B | 49.5× | 59.3× | 42.8× | 8.0× | +21% | 16.4% |
| RTXRTX | $257.4B | 31.0× | 28.9× | 24.7× | 2.7× | +12% | n/m |
| AXONAxon Enterprise | $34.1B | 174× | 136× | 47.0× | 10.6× | +35% | 6.2% |
| Peer median | $67.6B | 33.5× | 30.1× | 24.1× | 4.4× | +17% | 10.5% |
Investors who own it
Investors we follow who held General Dynamics at the end of Jun 30, 2026, from their 13F filings.
- Tom GaynerMarkel Group1.1% of portfolio
More on General Dynamics
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
- #4of 26Aerospace and defense stocks with the highest free cash flow yield
- #3of 14Aerospace and defense stocks with the lowest forward PE
- #9of 33Aerospace and defense stocks with the lowest EV/EBIT
- #9of 33Aerospace and defense stocks with the lowest PE ratio
Its groups
About
- Industry
- Aerospace & Defense
- Sector
- Industrials
Valuation data, not investment advice. Prices as of .