What does cumulative gross losses and impairments mean?

This metric aggregates all unrealized losses and recognized impairment charges on investment securities that have not yet been realized through a sale. It provides a comprehensive view of the negative valuation adjustments impacting the bank's equity. It is a key indicator of the credit and market risk embedded in the bank's long-term holdings.

General Dynamics GD Cumulative Gross Losses and Impairments

Cumulative Gross Losses and Impairments at other companies

BOK FinancialBOKF

$135.29M-19.5%

W.R. BerkleyWRB

$0—

BlueLinx HoldingsBXC

$0—

First UnitedFUNC

$23.98M-13.3%

Home BancorpHBCP

$0—

United Community BanksUCB

$333.13M-13.8%

Segments

By segment

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Technologies$1.8B0.0%

Other financials

Income statement

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Revenue$14.1B+8.1%

Operating income$1.5B+11.9%

Net income$1.2B+14.4%

EPS (diluted)$4.24+13.4%

Balance sheet

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Cash & equivalents$4.3B+185%

Total debt$10.8B+1.0%

Total equity$26.8B+13.8%

Total assets$60.2B+5.8%

Cash flow

See full

Operating cash flow$1.9B+17.6%

CapEx$234.0M+18.2%

Free cash flow$1.6B+17.6%

Valuation

See full

Market cap$103.41B+23.4%

Enterprise value$109.86B+18.2%

P/E23.1×+2.5×

P/S1.9×+0.2×

Profitability

See full

Gross margin17.9%—

Operating margin10.3%0.0pp

Net margin8.2%+0.1pp

FCF margin11.8%+3.5pp

Returns & leverage

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Return on equity17.8%-0.1pp

Debt / equity0.4×-0.1×

Current ratio1.4×+0.1×

Questions, answered.

What does cumulative gross losses and impairments mean?: This metric aggregates all unrealized losses and recognized impairment charges on investment securities that have not yet been realized through a sale. It provides a comprehensive view of the negative valuation adjustments impacting the bank's equity. It is a key indicator of the credit and market risk embedded in the bank's long-term holdings.