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General Dynamics GD Aerospace — D&A

Other segment segments

Marine Systems
$72M+12.5%
Technologies
$62M-8.8%
Combat Systems
$27M0.0%

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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

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Operating cash flow$1.9B+17.6%
CapEx$234.0M+18.2%
Free cash flow$1.6B+17.6%

Valuation

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Market cap$103.41B+23.4%
Enterprise value$109.86B+18.2%
P/E23.1×+2.5×
P/S1.9×+0.2×

Profitability

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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×

Where this comes from

Reported directly by General Dynamics in its filing.

Tagged under the XBRL concept us-gaap:DepreciationAndAmortization.

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

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Questions, answered.

What is General Dynamics's aerospace — D&A?
General Dynamics (GD) reported aerospace — D&A of $67M in Q2 2026.
How has General Dynamics's aerospace — D&A changed year-over-year?
General Dynamics's aerospace — D&A increased by 9.8% year-over-year, from $61M to $67M.
What is the long-term trend for General Dynamics's aerospace — D&A?
Over 4 years (2021 to 2025), General Dynamics's aerospace — D&A has grown at a 5.5% compound annual growth rate (CAGR), from $205M to $254M.
What does aerospace — D&A mean?
The non-cash expense allocated to the Aerospace segment to account for the wear and tear of tangible assets and the expiration of intangible assets over time. This metric is essential for calculating the segment's true cash-generating capability.