General Dynamics Corporation

NYSE:GD Stock Report

Market Cap: US$72.8b

General Dynamics Past Earnings Performance

Past criteria checks 3/6

General Dynamics has been growing earnings at an average annual rate of 1%, while the Aerospace & Defense industry saw earnings growing at 8.9% annually. Revenues have been growing at an average rate of 2.9% per year. General Dynamics's return on equity is 15.8%, and it has net margins of 7.9%.

Key information

0.9%

Earnings growth rate

2.4%

EPS growth rate

Aerospace & Defense Industry Growth5.4%
Revenue growth rate2.9%
Return on equity15.8%
Net Margin7.9%
Last Earnings Update29 Sep 2024

Recent past performance updates

Recent updates

General Dynamics: DOGE Risk, But Upside Remains For 2025 And I Am Buying

Dec 13

Despite G700 Delivery Delays, General Dynamics Appears On Track

Dec 03

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

Dec 01
These 4 Measures Indicate That General Dynamics (NYSE:GD) Is Using Debt Reasonably Well

As It Turns Out, General Dynamics Is A 'Trump Trade'

Nov 12

Pinning Down General Dynamics Corporation's (NYSE:GD) P/E Is Difficult Right Now

Nov 05
Pinning Down General Dynamics Corporation's (NYSE:GD) P/E Is Difficult Right Now

General Dynamics: Prepare For Takeoff

Oct 29

General Dynamics (NYSE:GD) Will Be Hoping To Turn Its Returns On Capital Around

Oct 18
General Dynamics (NYSE:GD) Will Be Hoping To Turn Its Returns On Capital Around

General Dynamics Sees Sharp Contract Decline, But Strong Backlog Secures Future Growth

Oct 09

With EPS Growth And More, General Dynamics (NYSE:GD) Makes An Interesting Case

Sep 24
With EPS Growth And More, General Dynamics (NYSE:GD) Makes An Interesting Case

General Dynamics: U.S. GDP Has Room For Increased Defense Spending

Sep 24

Is General Dynamics (NYSE:GD) A Risky Investment?

Aug 31
Is General Dynamics (NYSE:GD) A Risky Investment?

General Dynamics Stock Is Worth $317

Aug 23

I'm Convinced General Dynamics Is One Of The Best Dividend Aristocrats On The Market

Aug 11

General Dynamics Corporation (NYSE:GD) Shares Could Be 42% Below Their Intrinsic Value Estimate

Aug 07
General Dynamics Corporation (NYSE:GD) Shares Could Be 42% Below Their Intrinsic Value Estimate

General Dynamics Corporation (NYSE:GD) Second-Quarter Results: Here's What Analysts Are Forecasting For This Year

Jul 26
General Dynamics Corporation (NYSE:GD) Second-Quarter Results: Here's What Analysts Are Forecasting For This Year

Earnings Tell The Story For General Dynamics Corporation (NYSE:GD)

Jul 11
Earnings Tell The Story For General Dynamics Corporation (NYSE:GD)

General Dynamics: Flying High, But Moderately Overvalued

Jul 10

These Return Metrics Don't Make General Dynamics (NYSE:GD) Look Too Strong

Jun 24
These Return Metrics Don't Make General Dynamics (NYSE:GD) Look Too Strong

General Dynamics 7.6% Dividend Raise Plus 3 Other Choice Aerospace Defense Companies

Jun 07

We Think General Dynamics (NYSE:GD) Can Stay On Top Of Its Debt

May 26
We Think General Dynamics (NYSE:GD) Can Stay On Top Of Its Debt

40% In 12 Months: Here's Why I Remain Bullish On General Dynamics

May 22

General Dynamics Stock: A Compelling Buy On Growth And Multiple Expansion Prospects

May 07

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For General Dynamics Corporation's (NYSE:GD) CEO For Now

Apr 25
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For General Dynamics Corporation's (NYSE:GD) CEO For Now

General Dynamics: Bet On Rising Geopolitical Volatility

Apr 16

General Dynamics: Record Revenues Make This A Buy Despite All Time High

Apr 07

General Dynamics Corporation's (NYSE:GD) Intrinsic Value Is Potentially 65% Above Its Share Price

Mar 24
General Dynamics Corporation's (NYSE:GD) Intrinsic Value Is Potentially 65% Above Its Share Price

Investors Could Be Concerned With General Dynamics' (NYSE:GD) Returns On Capital

Mar 10
Investors Could Be Concerned With General Dynamics' (NYSE:GD) Returns On Capital

Does General Dynamics (NYSE:GD) Have A Healthy Balance Sheet?

Feb 25
Does General Dynamics (NYSE:GD) Have A Healthy Balance Sheet?

General Dynamics Q4: G700 Certification Is Delayed, But On The Way; Initiate With 'Strong Buy'

Jan 29

General Dynamics Corporation (NYSE:GD) Just Released Its Yearly Earnings: Here's What Analysts Think

Jan 26
General Dynamics Corporation (NYSE:GD) Just Released Its Yearly Earnings: Here's What Analysts Think

General Dynamics: A Dividend Aristocrat Flying Too High (Rating Downgrade)

Jan 19

General Dynamics Corporation's (NYSE:GD) Shareholders Might Be Looking For Exit

Dec 20
General Dynamics Corporation's (NYSE:GD) Shareholders Might Be Looking For Exit

General Dynamics' Diverse Defense Portfolio Key Part Of Modernization

Dec 10

General Dynamics: Buy, But Limited Upside Potential

Oct 23

General Dynamics Is A Buy Despite Uncertain Pentagon Spending

Oct 16

Why General Dynamics Is A Great SWAN Pick

Sep 11

General Dynamics: A Significantly Undervalued Dividend Aristocrat

Aug 09

General Dynamics: Cheap Stock On Growth Fundamentals

Jul 28

General Dynamics Is A Must Have On Your Watchlist

Jul 09

General Dynamics: A Cheap Dividend Aristocrat With Huge Total Return Potential

Jun 17

General Dynamics: A Dividend Aristocrat With Upside Potential

Jun 05

General Dynamics: The Best War Coupon For 2023

Feb 13

General Dynamics bags $481M U.S. Army contract

Feb 01

Revenue & Expenses Breakdown

How General Dynamics makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:GD Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
29 Sep 2446,0463,6392,6670
30 Jun 2444,9463,5452,7710
31 Mar 2443,1223,3842,8690
31 Dec 2342,2723,3152,9650
01 Oct 2341,4553,3022,6450
02 Jul 2340,8593,3682,3980
02 Apr 2339,8963,3902,1940
31 Dec 2239,4073,3902,0210
02 Oct 2238,8483,3502,1190
03 Jul 2238,4413,3082,1180
03 Apr 2238,4723,2792,0650
31 Dec 2138,4693,2572,0270
03 Oct 2138,6583,3072,0990
04 Jul 2138,5213,2812,0890
04 Apr 2138,5653,1692,1290
31 Dec 2037,9253,1672,1130
27 Sep 2038,2173,1852,1380
28 Jun 2038,5473,2642,2520
29 Mar 2038,8383,4452,3170
31 Dec 1939,3503,4842,4300
29 Sep 1938,9553,3732,2940
30 Jun 1938,2883,3242,2550
31 Mar 1937,9193,3042,2770
31 Dec 1836,1933,3582,2530
30 Sep 1834,0923,0852,2980
01 Jul 1832,5782,9852,2550
01 Apr 1831,0672,9482,1470
31 Dec 1730,9732,9122,0650
01 Oct 1730,3502,8561,9740
02 Jul 1730,4272,8231,9420
02 Apr 1730,5262,7881,9330
31 Dec 1630,5612,6791,9310
02 Oct 1630,7162,8631,9230
03 Jul 1631,0532,8651,9280
03 Apr 1631,1612,9031,9100
31 Dec 1531,7813,0361,9370
04 Oct 1532,0222,9381,9750
05 Jul 1531,7792,8991,9770
05 Apr 1531,3712,7931,9960
31 Dec 1430,8522,6731,9550
28 Sep 1430,5372,5601,9590
29 Jun 1430,5212,5181,9780
30 Mar 1430,8812,5122,0060
31 Dec 1330,9302,4862,0390

Quality Earnings: GD has high quality earnings.

Growing Profit Margin: GD's current net profit margins (7.9%) are lower than last year (8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: GD's earnings have grown by 1% per year over the past 5 years.

Accelerating Growth: GD's earnings growth over the past year (10.2%) exceeds its 5-year average (1% per year).

Earnings vs Industry: GD earnings growth over the past year (10.2%) did not outperform the Aerospace & Defense industry 21.3%.

Return on Equity

High ROE: GD's Return on Equity (15.8%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 04:42
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/29
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

General Dynamics Corporation is covered by 47 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John EadeArgus Research Company
Peter ArmentBaird
Ishan MajumdarBaptista Research