Other

Letters of credit and guarantees

General Dynamics Letters of credit and guarantees decreased by 12.5% to $2.10B in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $2.10B to $2.10B. Over 5 years (FY 2020 to FY 2025), Letters of credit and guarantees shows an upward trend with a 11.4% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ1 2016
Last reportedQ1 2026

How to read this metric

An increase indicates higher levels of project activity or more stringent contract requirements, but also higher contingent risk.

Detailed definition

This represents the total value of financial instruments issued by banks on behalf of the company to guarantee performan...

Peer comparison

Common in construction, defense, and capital-intensive industries.

Metric ID: other_letters_of_credit_and_guarantees

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.00B$1.00B$1.20B$1.00B$1.20B$1.10B$1.40B$1.40B$1.40B$1.30B$1.60B$1.80B$1.80B$1.80B$1.80B$2.10B$2.40B$2.20B$2.40B$2.10B
QoQ Change+0.0%+20.0%-16.7%+20.0%-8.3%+27.3%+0.0%+0.0%-7.1%+23.1%+12.5%+0.0%+0.0%+0.0%+16.7%+14.3%-8.3%+9.1%-12.5%
YoY Change+20.0%+10.0%+16.7%+40.0%+16.7%+18.2%+14.3%+28.6%+28.6%+38.5%+12.5%+16.7%+33.3%+22.2%+33.3%+0.0%
Range$1.00B$2.40B
CAGR+16.9%
Avg YoY Growth+21.8%
Median YoY Growth+19.1%

Frequently Asked Questions

What is General Dynamics's letters of credit and guarantees?
General Dynamics (GD) reported letters of credit and guarantees of $2.10B in Q1 2026.
How has General Dynamics's letters of credit and guarantees changed year-over-year?
General Dynamics's letters of credit and guarantees decreased by 0.0% year-over-year, from $2.10B to $2.10B.
What is the long-term trend for General Dynamics's letters of credit and guarantees?
Over 5 years (2020 to 2025), General Dynamics's letters of credit and guarantees has grown at a 11.4% compound annual growth rate (CAGR), from $1.40B to $2.40B.
What does letters of credit and guarantees mean?
Financial guarantees provided by the company to ensure performance on contracts.