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General Dynamics

GD

General Dynamics is a global aerospace and defense company specializing in high-end design, engineering, and manufacturing of advanced technology solutions.

Market cap
$101.22B+28.0%
Revenue$53.8B+9.4%
Net income$4.3B+9.2%
Free cash flow$6.2B+85.5%
EPS (diluted)$15.88+10.2%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 29, 2026 (In 2 weeks)
Revenue estimate$13.5B
EPS estimate$3.93

Financials

Q1 2026

Income statement

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Revenue$13.5B+10.3%
Operating income$1.4B+12.0%
Net income$1.1B+13.2%
EPS (diluted)$4.10+12.0%

Balance sheet

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Cash & equivalents$3.7B+194%
Total debt$9.9B-14.6%
Total equity$26.1B+17.3%
Total assets$59.0B+3.1%

Cash flow

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Operating cash flow$2.2B+1,556%
CapEx$203.0M+43.0%
Free cash flow$2.0B+773%

Valuation & ratios

Valuation

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Market cap$101.31B+28.0%
Enterprise value$107.55B+21.7%
P/E23.3×+4.0×
P/S1.9×+0.3×

Profitability

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Operating margin10.2%0.0pp
Net margin8.1%0.0pp
FCF margin11.5%+4.7pp

Returns & leverage

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Return on equity18%-0.3pp
Debt / equity0.4×-0.1×
Current ratio1.4×0.0×

Segments

By segment

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Marine Systems$4.3B+21.0%
Technologies$3.6B+4.2%
Aerospace$3.3B+8.4%
Combat Systems$2.3B+4.9%

Competitors

Profile

General Dynamics is a global aerospace and defense company specializing in high-end design, engineering, and manufacturing of advanced technology solutions. The company provides a diverse portfolio ranging from business aviation and nuclear-powered submarines to land combat vehicles and secure information technology services. Its core value proposition centers on delivering superior mission performance and operational excellence to government and commercial customers worldwide.

Competitive position

A dominant prime contractor for the U.S. military with sole-source positions on critical platforms and a leading global market share in the large-cabin business jet market.

GeographiesUnited States, Canada, Europe, Middle East, Indo-Pacific
Customer segmentsFederal government, Military, Enterprise, Commercial aviation
Business modelGovernment contracting, Manufacturing, Maintenance, Repair, and Overhaul (MRO), Professional services
SuppliersRaw material suppliers, Specialized component manufacturers, Subsystem providers, Commercial technology partners
CustomersU.S. Department of Defense, Federal civilian agencies, International governments, Corporate flight departments, Commercial shipping operators
Listed1952
Employees111.6K
CEOPhebe N. Novakovic
Websitegd.com
FilingsSEC EDGAR

Questions, answered.

What is General Dynamics's market cap?
General Dynamics (GD) has a market capitalization of $101.22B and trades on NYSE.
What is General Dynamics's revenue and profitability?
General Dynamics generated $53.8B in trailing twelve-month revenue with net income of $4.3B, representing a net margin of 8.1%. Gross margin stands at 17.9%, with free cash flow of $6.2B. These figures are based on the Q1 2026 filing.
Who are General Dynamics's competitors?
General Dynamics's key competitors include Northrop Grumman, Huntington Ingalls Industries, Lockheed Martin, and others. These companies compete in similar markets and product categories.
Who does General Dynamics partner with?
General Dynamics's notable partners include Huntington Ingalls Industries, DSEC Co., Ltd, Samsung Heavy Industries.
What subsidiaries does General Dynamics have?
General Dynamics's subsidiaries include Gulfstream Aerospace, Jet Aviation, Electric Boat, and others.
Where is General Dynamics headquartered?
General Dynamics is headquartered in United States of America and employs approximately 111,600 people. It has been publicly traded since 1952.