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General Dynamics GD Free cash flow yield

Free cash flow yield at other companies

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4.2%-0.6pp
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3.4%+1.0pp
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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×
Current ratio1.4×0.0×

Where this comes from

Calculated from General Dynamics’s reported figures.

Based on trailing twelve months.

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 free cash flow yield?
General Dynamics (GD) reported free cash flow yield of 6.7% in Q1 2026.
How has General Dynamics's free cash flow yield changed year-over-year?
General Dynamics's free cash flow yield increased by 46.0% year-over-year, from 4.6% to 6.7%.
What is the long-term trend for General Dynamics's free cash flow yield?
Over 4 years (2021 to 2025), General Dynamics's free cash flow yield has grown at a -8.7% compound annual growth rate (CAGR), from 28.3% to 19.6%.
What does free cash flow yield mean?
The spendable cash the business throws off each year as a percentage of its market price.
How do you interpret free cash flow yield?
Higher yield can mean better value — you pay less for each dollar of cash generated. A useful sanity check against earnings-based multiples, which non-cash items can distort.
How does free cash flow yield compare across companies?
Comparable across cash-generative companies; less meaningful for firms in heavy-investment phases with temporarily negative FCF.