Symbols / GD Stock $313.68 +0.37% General Dynamics Corporation

Industrials • Aerospace & Defense • United States • NYQ
GD (Stock) Chart
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Stock Fundamentals
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Index EQUITY
Sector Industrials
Industry Aerospace & Defense
CEO Ms. Phebe N. Novakovic
Exch · Country NYQ · United States
Market Cap 84.96B
Enterprise Value 92.14B
Income 4.21B
Sales 52.55B
FCF (ttm) 3.36B
Book/sh 94.90
Cash/sh 8.64
Employees 117,000
Insider 10d —
IPO —
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 38.83%
P/E 20.29
Forward P/E 17.45
PEG 2.27
P/S 1.62
P/B 3.31
P/C —
EV/EBITDA 14.53
EV/Sales 1.75
Quick Ratio 0.78
Current Ratio 1.44
Debt/Eq 38.20
LT Debt/Eq —
EPS (ttm) 15.46
EPS next Y 17.97
EPS Growth 0.40%
Revenue Growth 7.80%
EPS Gr Q/Q -0.40%
Rev Gr Q/Q —
Earnings (next) 2026-04-29
Earnings (prior) 2026-01-28
ROA 5.99%
ROE 17.66%
ROIC —
Gross Margin 15.13%
Oper. Margin 10.14%
Profit Margin 8.01%
Shs Outstand 270.85M
Shs Float 254.34M
Insider Own 0.52%
Instit Own 86.94%
Short Float 1.11%
Short Ratio 1.96
Short Interest 2.68M
52W High 369.70
vs 52W High -15.15%
52W Low 266.98
vs 52W Low 17.49%
Beta 0.39
Impl. Vol. 61.02%
Rel Volume 1.25
Avg Volume 1.36M
Volume 1.69M
Target (mean) $393.07
Tgt Median $390.00
Tgt Low $327.00
Tgt High $444.00
# Analysts 21
Recom Buy
Prev Close $312.53
Price $313.68
Change 0.37%
About

General Dynamics Corporation operates as an aerospace and defense company worldwide. It operates through four segments: Aerospace, Marine Systems, Combat Systems, and Technologies. The Aerospace segment produces and sells business jets; and offers aircraft maintenance and repair, management, aircraft-on-ground support, customer support and custom completion services, modifications, upgrades, and lifecycle sustainment support services. The Marine Systems segment designs and builds nuclear-powered submarines, surface combatants, and auxiliary ships for the United States Navy and Jones Act ships for commercial customers, as well as provides maintenance, modernization, and lifecycle support services for navy ships; offers and program management, planning, engineering, and design support services for submarine construction programs. The Combat Systems segment manufactures land combat solutions, such as wheeled and tracked combat vehicles, Stryker wheeled combat vehicles, piranha vehicles, weapons systems, energetics and munitions, mobile bridge systems with payloads, tactical vehicles, main battle tanks, and armored vehicles; and offers modernization programs, support and sustainment services, and development programs. The Technologies segment provides information technology solutions and mission support services; mobile communication, computers, and command-and-control mission systems; intelligence, surveillance, and reconnaissance solutions to military, intelligence, and federal civilian customers; cloud services, cybersecurity, network modernization, artificial intelligence; machine learning; application development, high-performance computing, and 5G and advanced communications services; and unmanned undersea vehicle manufacturing and assembly services. The company was founded in 1899 and is headquartered in Reston, Virginia.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$393.07
Mean price target
2. Current target
$313.68
Latest analyst target
3. DCF / Fair value
$223.12
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$313.68
Low
$327.00
High
$444.00
Mean
$393.07

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-07 main Jefferies Hold → Hold $380
2026-04-02 main Citigroup Neutral → Neutral $380
2026-04-01 init Wells Fargo — → Overweight $400
2026-02-02 main Jefferies Hold → Hold $385
2026-01-30 reit B of A Securities Buy → Buy $400
2026-01-15 main UBS Neutral → Neutral $388
2026-01-13 main Citigroup Neutral → Neutral $389
2025-12-19 main JP Morgan Overweight → Overweight $385
2025-12-16 up Morgan Stanley Equal-Weight → Overweight $408
2025-12-12 init Citigroup — → Neutral $371
2025-10-28 main JP Morgan Overweight → Overweight $380
2025-10-28 main B of A Securities Buy → Buy $400
2025-10-28 main Bernstein Market Perform → Market Perform $388
2025-10-27 main Susquehanna Positive → Positive $405
2025-10-27 main UBS Neutral → Neutral $381
2025-10-15 main Morgan Stanley Equal-Weight → Equal-Weight $360
2025-09-29 up Seaport Global Neutral → Buy $376
2025-07-29 main Barclays Overweight → Overweight $350
2025-07-24 main UBS Neutral → Neutral $333
2025-07-24 main Citigroup Buy → Buy $368
News
RSS: Latest GD news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-17 HANEY CECIL D. Director — 10 $354.31 $3,543
2026-03-17 HOOPER CHARLES W. Director — 21 $354.31 $7,441
2026-03-17 MATTIS JAMES N Director — 105 $354.31 $37,203
2026-03-17 NYE C HOWARD Director — 52 $354.31 $18,424
2026-03-17 STRATTON JOHN G. Director — 105 $354.31 $37,203
2026-03-17 DE LEON RUDY F Director — 52 $354.31 $18,424
2026-03-17 SCHUMACHER LAURA J Director — 105 $354.31 $37,203
2026-03-17 REYNOLDS CATHERINE B Director — 105 $354.31 $37,203
2026-03-11 GALLOPOULOS GREGORY S General Counsel — 3,729 $354.35 $1,321,360
2026-03-11 GILLILAND MARGUERITE AMY Officer — 3,819 $353.50 $1,350,020
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
52,550.00
+10.13%
47,716.00
+12.88%
42,272.00
+7.27%
39,407.00
Operating Revenue
52,550.00
+10.13%
47,716.00
+12.88%
42,272.00
+7.27%
39,407.00
Cost Of Revenue
44,599.00
+10.52%
40,352.00
+13.35%
35,600.00
+8.59%
32,785.00
Reconciled Cost Of Revenue
44,599.00
+10.52%
40,352.00
+13.35%
35,600.00
+8.59%
32,785.00
Gross Profit
7,951.00
+7.97%
7,364.00
+10.37%
6,672.00
+0.76%
6,622.00
Operating Expense
2,595.00
+1.05%
2,568.00
+5.81%
2,427.00
+0.66%
2,411.00
Selling General And Administration
2,595.00
+1.05%
2,568.00
+5.81%
2,427.00
+0.66%
2,411.00
General And Administrative Expense
2,595.00
+1.05%
2,568.00
+5.81%
2,427.00
+0.66%
2,411.00
Other Gand A
2,595.00
+1.05%
2,568.00
+5.81%
2,427.00
+0.66%
2,411.00
Total Expenses
47,194.00
+9.96%
42,920.00
+12.87%
38,027.00
+8.04%
35,196.00
Operating Income
5,356.00
+11.68%
4,796.00
+12.98%
4,245.00
+0.81%
4,211.00
Total Operating Income As Reported
5,356.00
+11.68%
4,796.00
+12.98%
4,245.00
+0.81%
4,211.00
EBITDA
6,429.00
+10.48%
5,819.00
+10.92%
5,246.00
-1.22%
5,311.00
Normalized EBITDA
6,429.00
+10.48%
5,819.00
+10.92%
5,246.00
-1.22%
5,311.00
Reconciled Depreciation
924.00
+4.29%
886.00
+2.67%
863.00
-2.38%
884.00
EBIT
5,505.00
+11.60%
4,933.00
+12.55%
4,383.00
-0.99%
4,427.00
Net Income
4,210.00
+11.32%
3,782.00
+14.09%
3,315.00
-2.21%
3,390.00
Pretax Income
5,103.00
+12.40%
4,540.00
+13.96%
3,984.00
-1.29%
4,036.00
Net Non Operating Interest Income Expense
-314.00
+3.09%
-324.00
+5.54%
-343.00
+5.77%
-364.00
Interest Expense Non Operating
402.00
+2.29%
393.00
-1.50%
399.00
+2.05%
391.00
Net Interest Income
-314.00
+3.09%
-324.00
+5.54%
-343.00
+5.77%
-364.00
Interest Expense
402.00
+2.29%
393.00
-1.50%
399.00
+2.05%
391.00
Interest Income Non Operating
88.00
+27.54%
69.00
+23.21%
56.00
+107.41%
27.00
Interest Income
88.00
+27.54%
69.00
+23.21%
56.00
+107.41%
27.00
Other Income Expense
61.00
-10.29%
68.00
-17.07%
82.00
-56.61%
189.00
Other Non Operating Income Expenses
61.00
-10.29%
68.00
-17.07%
82.00
-56.61%
189.00
Tax Provision
893.00
+17.81%
758.00
+13.30%
669.00
+3.56%
646.00
Tax Rate For Calcs
0.00
+4.79%
0.00
-0.55%
0.00
+4.95%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
4,210.00
+11.32%
3,782.00
+14.09%
3,315.00
-2.21%
3,390.00
Net Income From Continuing Operation Net Minority Interest
4,210.00
+11.32%
3,782.00
+14.09%
3,315.00
-2.21%
3,390.00
Net Income From Continuing And Discontinued Operation
4,210.00
+11.32%
3,782.00
+14.09%
3,315.00
-2.21%
3,390.00
Net Income Continuous Operations
4,210.00
+11.32%
3,782.00
+14.09%
3,315.00
-2.21%
3,390.00
Normalized Income
4,210.00
+11.32%
3,782.00
+14.09%
3,315.00
-2.21%
3,390.00
Net Income Common Stockholders
4,210.00
+11.32%
3,782.00
+14.09%
3,315.00
-2.21%
3,390.00
Diluted EPS
15.45
+13.35%
13.63
+13.39%
12.02
-1.39%
12.19
Basic EPS
15.65
+13.32%
13.81
+13.76%
12.14
-1.38%
12.31
Basic Average Shares
269.10
-1.75%
273.90
+0.29%
273.10
-0.80%
275.30
Diluted Average Shares
272.40
-1.84%
277.50
+0.65%
275.70
-0.90%
278.20
Diluted NI Availto Com Stockholders
4,210.00
+11.32%
3,782.00
+14.09%
3,315.00
-2.21%
3,390.00
Line Item Trend 2024-12-31 2023-12-31
Total Assets
55,880.00
+1.95%
54,810.00
Current Assets
24,386.00
+3.26%
23,615.00
Cash Cash Equivalents And Short Term Investments
1,697.00
-11.29%
1,913.00
Cash And Cash Equivalents
1,697.00
-11.29%
1,913.00
Receivables
11,225.00
+2.04%
11,001.00
Accounts Receivable
2,977.00
-0.90%
3,004.00
Other Receivables
8,248.00
+3.14%
7,997.00
Inventory
9,724.00
+13.36%
8,578.00
Raw Materials
3,396.00
+17.67%
2,886.00
Work In Process
6,279.00
+11.03%
5,655.00
Finished Goods
49.00
+32.43%
37.00
Other Current Assets
1,740.00
-18.04%
2,123.00
Total Non Current Assets
31,494.00
+0.96%
31,195.00
Net PPE
6,467.00
+4.34%
6,198.00
Gross PPE
13,564.00
+4.34%
13,000.00
Accumulated Depreciation
-7,097.00
-4.34%
-6,802.00
Properties
0.00
0.00
Land And Improvements
438.00
-3.52%
454.00
Buildings And Improvements
4,886.00
+4.98%
4,654.00
Machinery Furniture Equipment
7,067.00
+3.83%
6,806.00
Construction In Progress
1,173.00
+8.01%
1,086.00
Goodwill And Other Intangible Assets
22,076.00
-0.75%
22,242.00
Goodwill
20,556.00
-0.15%
20,586.00
Other Intangible Assets
1,520.00
-8.21%
1,656.00
Other Non Current Assets
2,951.00
+7.11%
2,755.00
Total Liabilities Net Minority Interest
33,817.00
+0.91%
33,511.00
Current Liabilities
17,824.00
+8.47%
16,432.00
Payables And Accrued Expenses
5,059.00
+8.84%
4,648.00
Payables
3,734.00
+8.01%
3,457.00
Accounts Payable
3,344.00
+8.05%
3,095.00
Dividends Payable
390.00
+7.73%
362.00
Current Accrued Expenses
1,325.00
+11.25%
1,191.00
Employee Benefits
2,024.00
-8.79%
2,219.00
Pensionand Other Post Retirement Benefit Plans Current
244.00
+2.95%
237.00
Current Debt And Capital Lease Obligation
1,821.00
+118.87%
832.00
Current Debt
1,502.00
+196.25%
507.00
Other Current Borrowings
1,502.00
+196.25%
507.00
Current Capital Lease Obligation
319.00
-1.85%
325.00
Current Deferred Liabilities
9,491.00
-0.76%
9,564.00
Current Deferred Revenue
9,491.00
-0.76%
9,564.00
Other Current Liabilities
1,209.00
+5.04%
1,151.00
Total Non Current Liabilities Net Minority Interest
15,993.00
-6.36%
17,079.00
Long Term Debt And Capital Lease Obligation
8,855.00
-13.62%
10,251.00
Long Term Debt
7,260.00
-17.07%
8,754.00
Long Term Capital Lease Obligation
1,595.00
+6.55%
1,497.00
Non Current Pension And Other Postretirement Benefit Plans
2,024.00
-8.79%
2,219.00
Non Current Deferred Liabilities
2,996.00
+16.30%
2,576.00
Non Current Deferred Revenue
2,996.00
+16.30%
2,576.00
Other Non Current Liabilities
2,118.00
+4.18%
2,033.00
Stockholders Equity
22,063.00
+3.59%
21,299.00
Common Stock Equity
22,063.00
+3.59%
21,299.00
Capital Stock
482.00
+0.00%
482.00
Common Stock
482.00
+0.00%
482.00
Share Issued
481.88
+0.00%
481.88
Ordinary Shares Number
270.34
-1.19%
273.60
Treasury Shares Number
211.54
+1.56%
208.28
Additional Paid In Capital
4,062.00
+8.03%
3,760.00
Retained Earnings
41,487.00
+5.65%
39,270.00
Gains Losses Not Affecting Retained Earnings
-1,518.00
-30.97%
-1,159.00
Treasury Stock
22,450.00
+6.63%
21,054.00
Other Equity Adjustments
-1,518.00
-30.97%
-1,159.00
Total Equity Gross Minority Interest
22,063.00
+3.59%
21,299.00
Total Capitalization
29,323.00
-2.43%
30,053.00
Working Capital
6,562.00
-8.65%
7,183.00
Invested Capital
30,825.00
+0.87%
30,560.00
Total Debt
10,676.00
-3.67%
11,083.00
Net Debt
7,065.00
-3.85%
7,348.00
Capital Lease Obligations
1,914.00
+5.05%
1,822.00
Net Tangible Assets
-13.00
+98.62%
-943.00
Tangible Book Value
-13.00
+98.62%
-943.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
5,120.00
+24.51%
4,112.00
-12.70%
4,710.00
+2.86%
4,579.00
Cash Flow From Continuing Operating Activities
5,120.00
+24.51%
4,112.00
-12.70%
4,710.00
+2.86%
4,579.00
Net Income From Continuing Operations
4,210.00
+11.32%
3,782.00
+14.09%
3,315.00
-2.21%
3,390.00
Depreciation Amortization Depletion
924.00
+4.29%
886.00
+2.67%
863.00
-2.38%
884.00
Depreciation
680.00
+5.59%
644.00
+5.92%
608.00
+3.75%
586.00
Amortization Cash Flow
244.00
+0.83%
242.00
-5.10%
255.00
-14.43%
298.00
Depreciation And Amortization
924.00
+4.29%
886.00
+2.67%
863.00
-2.38%
884.00
Amortization Of Intangibles
244.00
+0.83%
242.00
-5.10%
255.00
-14.43%
298.00
Other Non Cash Items
-658.00
-434.01%
197.00
+162.34%
-316.00
+12.71%
-362.00
Stock Based Compensation
196.00
+7.10%
183.00
+1.10%
181.00
+9.70%
165.00
Deferred Tax
256.00
+397.67%
-86.00
+51.41%
-177.00
+0.56%
-178.00
Deferred Income Tax
256.00
+397.67%
-86.00
+51.41%
-177.00
+0.56%
-178.00
Change In Working Capital
192.00
+122.59%
-850.00
-200.71%
844.00
+24.12%
680.00
Change In Receivables
410.00
+267.35%
-245.00
-125.76%
951.00
+552.86%
-210.00
Changes In Account Receivables
556.00
+3375.00%
16.00
-57.89%
38.00
-17.39%
46.00
Change In Inventory
450.00
+137.66%
-1,195.00
+46.15%
-2,219.00
-126.43%
-980.00
Change In Payables And Accrued Expense
-664.00
-368.83%
247.00
+181.52%
-303.00
-42.92%
-212.00
Change In Payable
-664.00
-368.83%
247.00
+181.52%
-303.00
-42.92%
-212.00
Change In Account Payable
-664.00
-368.83%
247.00
+181.52%
-303.00
-235.27%
224.00
Change In Other Working Capital
-4.00
-101.17%
343.00
-85.80%
2,415.00
+15.99%
2,082.00
Investing Cash Flow
-1,284.00
-34.73%
-953.00
-1.28%
-941.00
+36.80%
-1,489.00
Cash Flow From Continuing Investing Activities
-1,284.00
-34.73%
-953.00
-1.28%
-941.00
+36.80%
-1,489.00
Capital Expenditure
-1,161.00
-26.75%
-916.00
-1.33%
-904.00
+18.85%
-1,114.00
Capital Expenditure Reported
-1,161.00
-26.75%
-916.00
-1.33%
-904.00
+18.85%
-1,114.00
Net Other Investing Changes
-123.00
-232.43%
-37.00
+0.00%
-37.00
+90.13%
-375.00
Financing Cash Flow
-3,190.00
+5.31%
-3,369.00
-8.89%
-3,094.00
+10.86%
-3,471.00
Cash Flow From Continuing Financing Activities
-3,190.00
+5.31%
-3,369.00
-8.89%
-3,094.00
+10.86%
-3,471.00
Net Issuance Payments Of Debt
-753.00
-50.60%
-500.00
+60.00%
-1,250.00
-25.00%
-1,000.00
Issuance Of Debt
747.00
0.00
0.00
0.00
Repayment Of Debt
-1,500.00
-200.00%
-500.00
+60.00%
-1,250.00
-25.00%
-1,000.00
Long Term Debt Issuance
747.00
0.00
0.00
0.00
Long Term Debt Payments
-1,500.00
-200.00%
-500.00
+60.00%
-1,250.00
-25.00%
-1,000.00
Net Long Term Debt Issuance
-753.00
-50.60%
-500.00
+60.00%
-1,250.00
-25.00%
-1,000.00
Short Term Debt Issuance
—
—
0.00
0.00
Short Term Debt Payments
—
—
0.00
0.00
Net Short Term Debt Issuance
—
—
0.00
0.00
Net Common Stock Issuance
-637.00
+57.56%
-1,501.00
-245.85%
-434.00
+64.69%
-1,229.00
Common Stock Payments
-637.00
+57.56%
-1,501.00
-245.85%
-434.00
+64.69%
-1,229.00
Common Stock Dividend Paid
-1,593.00
-4.19%
-1,529.00
-7.07%
-1,428.00
-4.31%
-1,369.00
Cash Dividends Paid
-1,593.00
-4.19%
-1,529.00
-7.07%
-1,428.00
-4.31%
-1,369.00
Repurchase Of Capital Stock
-637.00
+57.56%
-1,501.00
-245.85%
-434.00
+64.69%
-1,229.00
Net Other Financing Charges
-207.00
-228.57%
161.00
+794.44%
18.00
-85.83%
127.00
Changes In Cash
636.00
+394.44%
-216.00
-132.19%
671.00
+285.87%
-361.00
Beginning Cash Position
1,697.00
-11.29%
1,913.00
+54.03%
1,242.00
-22.52%
1,603.00
End Cash Position
2,333.00
+37.48%
1,697.00
-11.29%
1,913.00
+54.03%
1,242.00
Free Cash Flow
3,959.00
+23.87%
3,196.00
-16.03%
3,806.00
+9.84%
3,465.00
Change In Income Tax Payable
—
266.00
+227.27%
-209.00
+52.06%
-436.00
Change In Tax Payable
—
266.00
+227.27%
-209.00
+52.06%
-436.00
Cash Flow From Discontinued Operation
-10.00
-66.67%
-6.00
-50.00%
-4.00
-120.00%
20.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
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