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General Dynamics GD Current ratio

Current ratio at other companies

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BoeingBA
1.2×-0.1×
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L3Harris TechnologiesLHX
0.0×
Lockheed Martin logo
Lockheed MartinLMT
1.1×+0.1×
Northrop Grumman logo
Northrop GrummanNOC
1.2×+0.2×
Leidos Holdings logo
Leidos HoldingsLDOS
1.4×-0.1×
Curtiss-Wright logo
Curtiss-WrightCW
1.5×-0.4×

Other financials

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

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Market cap$98.12B+27.1%
Enterprise value$104.36B+18.8%
P/E22.6×+3.2×
P/S1.8×+0.3×

Profitability

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Gross margin17.9%
Operating margin10.2%0.0pp
Net margin8.1%0.0pp

Returns & leverage

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

Where this comes from

Calculated from General Dynamics’s reported figures.

Based on the most recent quarter.

The official record: General Dynamics’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is General Dynamics's current ratio?
General Dynamics (GD) reported current ratio of 1.4× in Q1 2026.
How has General Dynamics's current ratio changed year-over-year?
General Dynamics's current ratio increased by 3.4% year-over-year, from 1.3× to 1.4×.
What is the long-term trend for General Dynamics's current ratio?
Over 4 years (2021 to 2025), General Dynamics's current ratio has grown at a -0.7% compound annual growth rate (CAGR), from 5.7× to 5.5×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.