General Dynamics Corporation logo GD - General Dynamics Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 17
HOLD 16
SELL 1
STRONG
SELL 0
| PRICE TARGET: $408.83 DETAILS
HIGH: $444.00
LOW: $371.00
MEDIAN: $409.00
CONSENSUS: $408.83
UPSIDE: 19.23%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 52,550 47,716 42,272 39,407 38,469 37,925 39,350 36,193 30,973 30,561 31,781 30,852 30,930 30,992 32,677 32,466 31,981 29,300 27,240 24,063 20,975 19,119 16,369 13,829 12,054 10,356 8,959 7,398 5,966 3,581 3,067 3,058 3,187
Cost of Revenue 44,599 40,352 35,600 32,785 32,061 31,600 32,363 29,536 24,731 24,896 25,549 24,979 25,202 26,012 26,821 26,557 26,352 23,928 24,127 21,438 18,796 17,175 14,924 12,247 10,568 9,027 6,986 5,810 5,166 3,161 2,714 2,698 2,822
Gross Profit 7,951 7,364 6,672 6,622 6,408 6,325 6,987 6,657 6,242 5,665 6,232 5,873 5,728 4,980 5,856 5,909 5,629 5,372 3,113 2,625 2,179 1,944 1,445 1,582 1,486 1,329 1,973 1,588 800 420 353 360 365
Operating Expenses
R&D Expenses 486 565 510 480 415 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 2,531 2,568 2,427 2,411 2,245 2,192 2,417 2,263 2,006 1,921 1,937 1,984 2,039 2,221 2,030 1,964 1,954 1,719 0 0 0 0 0 0 0 647 570 509 0 0 0 0 0
Other Expenses (422) (565) (510) (480) (415) 0 0 0 0 0 0 0 0 1,994 0 0 0 0 0 0 0 0 0 0 0 (647) 200 161 124 67 38 39 56
Operating Expenses 2,595 2,568 2,427 2,411 2,245 2,192 2,417 2,263 2,006 1,921 1,937 1,984 2,039 4,215 2,030 1,964 1,954 1,719 0 0 0 0 0 0 0 0 770 670 124 67 38 39 56
Operating Income
Operating Income 5,356 4,796 4,245 4,211 4,163 4,133 4,570 4,394 4,236 3,744 4,295 3,889 3,689 765 3,826 3,945 3,675 3,653 3,113 2,625 2,179 1,944 1,445 1,582 1,486 1,329 1,203 918 676 353 315 321 309
Interest Expense 314 393 399 391 431 489 472 374 117 99 98 103 103 168 155 167 171 133 131 156 272 305 108 58 68 72 0 0 0 0 0 0 0
Interest Income 0 69 56 27 7 12 12 18 14 8 15 17 17 12 14 10 11 67 61 55 36 9 10 13 12 12 0 0 0 0 0 0 0
Profitability
EBITDA 6,097 5,819 5,246 5,311 5,194 5,105 5,503 5,222 4,635 4,208 4,798 4,401 4,239 1,231 4,465 4,526 4,246 4,184 3,601 3,067 2,668 2,415 1,729 1,855 1,757 1,560 1,403 1,079 800 420 353 360 365
EBIT 5,417 4,933 4,383 4,427 4,304 4,227 4,674 4,459 4,194 3,755 4,317 3,905 3,714 641 3,873 3,957 3,684 3,737 3,178 2,683 2,341 2,093 1,458 1,642 1,493 1,334 1,203 918 676 353 315 321 309
Income Before Tax 5,103 4,540 3,984 4,036 3,873 3,738 4,202 4,085 4,077 3,656 4,219 3,802 3,607 473 3,718 3,790 3,513 3,604 3,047 2,527 2,069 1,785 1,372 1,584 1,424 1,262 1,126 904 689 409 375 343 413
Income Tax Expense 893 758 669 646 616 571 718 727 1,165 977 1,183 1,129 1,121 854 1,166 1,162 1,106 1,126 967 817 621 582 368 533 481 361 246 315 130 139 128 120 143
Net Income 4,210 3,782 3,315 3,390 3,257 3,167 3,484 3,345 2,912 2,572 3,036 2,533 2,357 (332) 2,526 2,624 2,394 2,459 2,072 1,856 1,461 1,227 1,004 917 943 901 880 589 559 270 321 238 885
Per Share Data
EPS (Basic) 15.64 13.81 12.14 12.31 11.61 11.04 12.09 11.33 9.73 8.44 9.23 7.56 6.72 -0.94 6.94 6.88 6.21 6.21 5.12 4.60 3.64 3.08 2.54 2.28 2.35 2.26 2.20 1.48 1.40 1.07 1.27 0.94 1.09
EPS (Diluted) 15.46 13.63 12.02 12.19 11.55 11.00 11.98 11.18 9.56 8.29 9.08 7.42 6.67 -0.94 6.87 6.81 6.17 6.17 5.08 4.56 3.61 3.05 2.52 2.26 2.33 2.24 2.18 1.46 1.37 1.07 1.27 0.94 1.07
Shares Outstanding 269.9 277.5 273.1 275.3 280.4 286.9 288.3 295.3 299.2 304.7 321.3 335.2 350.7 352.8 364.1 381.2 385.5 396.2 404.4 403.4 401.6 399.1 395.6 402.7 402.3 399.7 400 399 251.9 252.3 252.0 252.3 251.8
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 2,333 1,697 1,913 1,242 1,603 2,824 902 963 2,983 2,334 2,263 1,621 976 860 328 442 177 270 127 336 516 215 382 94
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 10,786 11,225 11,001 11,803 11,539 11,185 11,401 10,335 8,857 7,611 3,678 3,469 1,459 1,378 1,074 996 798 746 316 234 97 105 104 62
Inventory 9,232 9,724 8,578 6,322 5,340 5,745 6,306 5,977 5,303 8,805 6,575 2,029 4,100 3,708 3,319 3,026 2,191 961 952 702 558 567 351 442
Other Current Assets 1,897 1,740 2,123 1,696 1,505 1,789 1,679 914 1,185 1,471 5,182 4,831 3,647 2,996 377 429 385 310 478 417 687 1,126 960 1,056
Total Current Assets 24,248 24,386 23,615 21,063 19,987 21,543 20,288 18,189 18,276 15,447 13,249 11,950 7,287 6,394 5,098 4,893 3,551 3,491 1,873 1,689 1,858 2,013 1,797 1,654
Non-Current Assets
Property, Plant & Equipment 7,525 6,467 6,198 5,900 5,417 5,100 4,475 4,348 3,517 3,467 2,912 2,872 2,169 2,085 1,856 1,768 1,294 1,169 698 592 441 398 264 302
Goodwill 21,009 20,556 20,586 20,334 20,098 20,053 19,677 19,594 11,914 11,445 12,269 11,413 6,451 6,083 3,510 3,110 0 0 0 0 0 0 0 0
Intangible Assets 1,375 1,520 1,656 1,824 1,978 2,117 2,315 2,585 702 678 2,098 1,617 954 1,030 560 648 2,531 2,513 1,525 1,204 0 0 0 0
Long-Term Investments 0 0 (28) (39) (41) 0 (33) 0 0 (1,362) 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 3,092 2,951 2,783 2,464 2,593 2,495 2,594 692 585 1,835 549 521 683 591 707 650 611 601 476 606 1,000 753 612 679
Total Non-Current Assets 33,001 31,494 31,195 30,522 30,086 29,765 29,061 27,219 16,718 17,425 17,828 16,423 10,257 9,789 6,633 6,176 4,436 4,283 2,699 2,402 1,441 1,151 876 981
Total Assets 57,249 55,880 54,810 51,585 50,073 51,308 48,841 45,408 34,994 32,872 31,077 28,373 17,544 16,183 11,731 11,069 7,987 7,774 4,572 4,091 3,299 3,164 2,673 2,635
Current Liabilities
Account Payables 2,678 3,344 3,095 3,398 3,167 2,952 3,162 3,179 3,207 2,538 2,365 2,443 1,505 1,288 1,056 890 717 631 522 255 182 130 134 566
Short-Term Debt 1,006 1,502 507 1,253 1,005 3,003 2,920 973 2 900 705 911 6 747 732 1,211 340 853 60 108 0 0 0 0
Deferred Revenue 9,824 9,491 9,564 7,436 6,266 6,276 7,148 7,270 6,992 4,939 4,313 4,154 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 1,457 1,453 1,388 1,503 1,850 2,080 2,378 2,365 2,112 7,421 2,988 2,852 2,709 3,581 2,794 2,478 1,844 1,969 879 928 651 729 492 209
Total Current Liabilities 16,796 17,824 16,432 15,341 13,978 15,964 16,801 14,739 13,047 12,846 10,371 10,360 5,374 5,616 4,582 4,579 2,901 3,453 1,461 1,291 833 859 626 775
Non-Current Liabilities
Long-Term Debt 7,007 7,260 8,754 9,243 10,490 9,995 9,010 11,444 3,980 2,988 3,159 3,113 3,291 3,296 718 724 162 169 249 257 156 170 196 201
Deferred Tax Liabilities 0 0 0 0 0 461 588 577 244 72 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 3,698 4,142 4,252 4,928 5,371 6,951 7,012 6,916 6,288 6,433 5,124 4,847 1,690 1,350 1,232 1,238 1,104 981 643 628 596 568 535 482
Total Non-Current Liabilities 14,831 15,993 17,079 17,676 18,454 19,683 18,570 18,937 10,512 9,050 8,283 7,960 4,981 4,646 1,950 1,962 1,266 1,150 892 885 752 738 731 683
Total Liabilities 31,627 33,817 33,511 33,017 32,432 35,647 35,264 33,676 23,559 21,896 18,654 18,320 10,355 10,262 6,532 6,541 4,167 4,603 2,353 2,176 1,585 1,597 1,357 1,458
Stockholders' Equity
Common Stock 482 482 482 482 482 482 482 482 482 482 482 482 998 838 757 694 619 487 0 0 0 0 0 0
Retained Earnings 44,080 41,487 39,270 37,403 35,420 33,498 31,633 29,326 26,444 25,227 15,093 13,287 7,146 6,206 5,455 4,778 4,059 3,363 2,640 2,386 2,254 2,087 1,860 1,709
Accumulated Other Comprehensive Income (483) (1,518) (1,159) (2,152) (1,920) (3,550) (4,219) (3,778) (2,820) (3,396) (1,207) (1,713) 251 156 3 (14) (25) (6) (1,028) (1,100) (954) (810) (809) 0
Total Stockholders' Equity 25,622 22,063 21,299 18,568 17,641 15,661 13,577 11,732 11,435 10,976 12,423 10,053 7,189 5,921 5,199 4,528 3,820 3,171 2,219 1,915 1,714 1,567 1,316 1,177
Total Liabilities & Equity 57,249 55,880 54,810 51,585 50,073 51,308 48,841 45,408 34,994 32,872 31,077 28,373 17,544 16,183 11,731 11,069 7,987 7,774 4,572 4,091 3,299 3,164 2,673 2,635
Debt Metrics
Total Debt 9,789 10,676 11,083 12,114 13,175 14,732 13,433 12,417 3,982 3,888 3,864 4,024 3,297 4,043 1,450 1,935 502 1,022 309 365 156 170 196 201
Net Debt 7,456 8,979 9,170 10,872 11,572 11,908 12,531 11,454 999 1,554 1,601 2,403 2,321 3,183 1,122 1,493 325 752 182 29 (360) (45) (186) 107
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income 4,210 3,782 3,315 3,390 3,257 3,167 3,484 3,345 2,912 2,955 1,461 1,203 997 1,051 943 901 880 364 316 270 321 223 885
Depreciation & Amortization 924 886 863 884 890 878 829 763 441 454 342 326 277 213 271 226 200 126 91 67 38 39 56
Stock-Based Compensation 196 183 181 165 126 128 133 140 123 100 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 192 (584) 635 680 681 (165) (1,594) (825) (184) (1,636) 134 (115) 337 (247) (292) (105) (31) (73) 201 894 (160) (144) (11)
Other Non-Cash Items (658) (69) (107) (362) (617) (23) 37 (272) 186 (51) 1,446 84 (13) (70) 64 (79) (2) (33) (3) (13) (15) (14) (30)
Operating Cash Flow 5,120 4,112 4,710 4,579 4,271 3,858 2,981 3,148 3,879 2,198 2,056 1,802 1,723 1,125 1,103 1,071 1,016 370 557 1,036 230 139 (148)
Investing Activities
Capital Expenditure (1,161) (916) (904) (1,114) (887) (967) (987) (690) (428) (392) (279) (266) (224) (264) (356) (288) (1,287) (414) (1,313) (75) (32) (23) (14)
Acquisitions 0 0 0 0 0 (203) (19) (10,099) (399) (49) (277) (543) (3,044) (275) (1,451) (71) 18 98 34 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 (10) (46) (30) (41) (45) (23) (37) (443) (440) (986) 0 0 (109)
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 18 37 31 39 42 29 91 493 916 484 13 17 60
Other Investing Activities (133) (43) (41) (375) 5 196 12 555 36 (34) 367 35 35 141 64 24 (8) (3) (5) (28) (273) 259 1,534
Investing Cash Flow (1,294) (959) (945) (1,489) (882) (974) (994) (10,234) (791) (426) (181) (783) (3,232) (400) (1,746) (329) (1,223) (269) (808) (605) (292) 253 1,471
Financing Activities
Net Debt Issuance (753) (500) (1,250) (1,000) (1,497) 1,019 (559) 8,433 85 492 0 (247) (569) (527) 1,192 (518) 411 (214) 183 (8) (17) (16) (161)
Stock Repurchased (637) (1,501) (434) (1,229) (1,828) (587) (231) (1,769) (1,558) (1,996) (348) 0 (300) (100) (113) (208) (59) (226) (60) (23) 0 (22) 0
Dividends Paid (1,593) (1,529) (1,428) (1,369) (1,315) (1,240) (1,152) (1,075) (986) (911) (314) (278) (249) (236) (219) (202) (136) (108) (102) (101) (92) (84) (56)
Other Financing Activities (207) 161 18 127 50 (95) (55) (503) 60 246 142 (548) 3,159 27 48 93 0 (2) 17 (6) 0 4 (1,531)
Financing Cash Flow (3,190) (3,369) (3,094) (3,471) (4,590) (903) (1,997) 5,086 (2,399) (2,169) (520) (904) 2,041 (836) 908 (835) 267 (310) 71 (130) (105) (104) (1,740)
Cash Position
Net Change in Cash 636 (216) 671 (361) (1,221) 1,922 (61) (2,020) 649 (451) 1,355 115 532 (111) 265 (93) 60 (310) 71 (130) (105) (104) (1,740)
Cash at Beginning 1,697 1,913 1,242 1,603 2,824 902 963 2,983 2,334 2,785 976 861 328 439 177 270 210 336 516 215 382 94 511
Cash at End 2,333 1,697 1,913 1,242 1,603 2,824 902 963 2,983 2,334 2,331 976 860 328 442 177 270 26 587 85 277 (10) (1,229)
Free Cash Flow 3,959 3,196 3,806 3,465 3,384 2,891 1,994 2,458 3,451 1,806 1,777 1,536 1,499 861 747 783 (271) (44) (756) 961 198 116 (162)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 52,550 47,716 42,272 39,407 38,469 37,925 39,350 36,193 30,973 30,561 31,781 30,852 30,930 30,992 32,677 32,466 31,981 29,300 27,240 24,063 20,975 19,119 16,369 13,829 12,054 10,356 8,959 7,398 5,966 3,581 3,067 3,058 3,187
Gross Profit 7,951 7,364 6,672 6,622 6,408 6,325 6,987 6,657 6,242 5,665 6,232 5,873 5,728 4,980 5,856 5,909 5,629 5,372 3,113 2,625 2,179 1,944 1,445 1,582 1,486 1,329 1,973 1,588 800 420 353 360 365
Operating Income 5,356 4,796 4,245 4,211 4,163 4,133 4,570 4,394 4,236 3,744 4,295 3,889 3,689 765 3,826 3,945 3,675 3,653 3,113 2,625 2,179 1,944 1,445 1,582 1,486 1,329 1,203 918 676 353 315 321 309
Net Income 4,210 3,782 3,315 3,390 3,257 3,167 3,484 3,345 2,912 2,572 3,036 2,533 2,357 (332) 2,526 2,624 2,394 2,459 2,072 1,856 1,461 1,227 1,004 917 943 901 880 589 559 270 321 238 885
EPS (Diluted) 15.46 13.63 12.02 12.19 11.55 11.00 11.98 11.18 9.56 8.29 9.08 7.42 6.67 -0.94 6.87 6.81 6.17 6.17 5.08 4.56 3.61 3.05 2.52 2.26 2.33 2.24 2.18 1.46 1.37 1.07 1.27 0.94 1.07
Balance Sheet
Cash & Equivalents 2,333 1,697 1,913 1,242 1,603 2,824 902 963 2,983 2,334 2,263 1,621 976 860 328 442 177 270 127 336 516 215 382 94
Total Assets 57,249 55,880 54,810 51,585 50,073 51,308 48,841 45,408 34,994 32,872 31,077 28,373 17,544 16,183 11,731 11,069 7,987 7,774 4,572 4,091 3,299 3,164 2,673 2,635
Total Debt 9,789 10,676 11,083 12,114 13,175 14,732 13,433 12,417 3,982 3,888 3,864 4,024 3,297 4,043 1,450 1,935 502 1,022 309 365 156 170 196 201
Stockholders' Equity 25,622 22,063 21,299 18,568 17,641 15,661 13,577 11,732 11,435 10,976 12,423 10,053 7,189 5,921 5,199 4,528 3,820 3,171 2,219 1,915 1,714 1,567 1,316 1,177
Cash Flow
Operating Cash Flow 5,120 4,112 4,710 4,579 4,271 3,858 2,981 3,148 3,879 2,198 2,056 1,802 1,723 1,125 1,103 1,071 1,016 370 557 1,036 230 139 (148)
Capital Expenditure (1,161) (916) (904) (1,114) (887) (967) (987) (690) (428) (392) (279) (266) (224) (264) (356) (288) (1,287) (414) (1,313) (75) (32) (23) (14)
Free Cash Flow 3,959 3,196 3,806 3,465 3,384 2,891 1,994 2,458 3,451 1,806 1,777 1,536 1,499 861 747 783 (271) (44) (756) 961 198 116 (162)