General Dynamics (NYSE:GD) Stock Price & Quote Analysis

GD fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	2/6
Past Performance	3/6
Financial Health	4/6
Dividends	5/6

GD Stock Overview

General Dynamics Corporation operates as an aerospace and defense company worldwide.

Rewards

Trading at 34.3% below our estimate of its fair value

Earnings are forecast to grow 8.29% per year

Earnings have grown 2.4% per year over the past 5 years

Pays a reliable dividend of 2.17%

Risk Analysis

Has a high level of debt

Significant insider selling over the past 3 months

General Dynamics Corporation Competitors

Northrop Grumman

NYSE:NOC

US$72.8b

L3Harris Technologies

NYSE:LHX

US$44.3b

TransDigm Group

NYSE:TDG

US$35.9b

Lockheed Martin

NYSE:LMT

US$113.7b

Price History & Performance

Summary of all time highs, changes and price drops for General Dynamics
Historical stock prices
Current Share Price	US$231.82
52 Week High	US$254.99
52 Week Low	US$188.64
Beta	0.87
1 Month Change	7.01%
3 Month Change	2.44%
1 Year Change	16.39%
3 Year Change	27.22%
5 Year Change	17.09%
Change since IPO	3,987.19%

Recent News & Updates

Aug 11

General Dynamics secures $236.18M Navy contract modification

General Dynamics (NYSE:GD) was awarded a $236.18M modification to a previously awarded contract for engineering, technical, design agent, and planning yard support for operational strategic and attack submarines. Work is expected to be completed by September 2023. FY22 other procurement funding in the amount of $5.55M will be obligated at time of award and will not expire at the end of the current fiscal year. The Naval Sea Systems Command is the contracting activity.

Aug 03

General Dynamics declares $1.26 dividend

General Dynamics (NYSE:GD) declares $1.26/share quarterly dividend, in line with previous. Forward yield 2.2% Payable Nov. 10; for shareholders of record Oct. 7; ex-div Oct. 6. See GD Dividend Scorecard, Yield Chart, & Dividend Growth.

Aug 01

These 4 Measures Indicate That General Dynamics (NYSE:GD) Is Using Debt Reasonably Well

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Shareholder Returns

	GD	US Aerospace & Defense	US Market
7D	1.2%	0.3%	1.3%
1Y	16.4%	6.1%	-11.7%

Return vs Industry: GD exceeded the US Aerospace & Defense industry which returned 5.5% over the past year.

Return vs Market: GD exceeded the US Market which returned -11.6% over the past year.

Price Volatility

Is GD's price volatile compared to industry and market?
GD volatility
GD Average Weekly Movement	3.5%
Aerospace & Defense Industry Average Movement	6.6%
Market Average Movement	7.8%
10% most volatile stocks in US Market	16.9%
10% least volatile stocks in US Market	3.2%

Stable Share Price: GD is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: GD's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1899	103,100	Phebe Novakovic	https://www.gd.com

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 designs, manufactures, and sells business jets; and offers aircraft maintenance and repair, management, charter, aircraft-on-ground support and completion, staffing, and fixed-base operator services.

General Dynamics Corporation Fundamentals Summary

How do General Dynamics's earnings and revenue compare to its market cap?
GD fundamental statistics
Market Cap	US$63.45b
Earnings (TTM)	US$3.31b
Revenue (TTM)	US$38.44b

19.2x

P/E Ratio

1.7x

P/S Ratio

Is GD overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
GD income statement (TTM)
Revenue	US$38.44b
Cost of Revenue	US$31.92b
Gross Profit	US$6.52b
Other Expenses	US$3.21b
Earnings	US$3.31b

Last Reported Earnings

Jul 03, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	12.09
Gross Margin	16.97%
Net Profit Margin	8.61%
Debt/Equity Ratio	66.1%

How did GD perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

41%

Payout Ratio

Does GD pay a reliable dividends?

See GD dividend history and benchmarks

When do you need to buy GD by to receive an upcoming dividend?
General Dynamics dividend dates
Ex Dividend Date	Oct 06 2022
Dividend Pay Date	Nov 10 2022
Days until Ex dividend	55 days
Days until Dividend pay date	90 days