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General Dynamics GD Aerospace — Goodwill

Other segment segments

Technologies
$14.52B+0.5%
Combat Systems
$2.79B-1.2%
Marine Systems
$297M0.0%

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ATROAerospace — Goodwill
$42.71M+17.2%
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ATROAerospace — Goodwill, Gross
$161.99M+3.1%
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WWDAerospace — Goodwill
$472.9M+3.8%
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ETNAerospace — Goodwill
$3.77B+30.0%
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RBCAerospace Defense — Goodwill
$327.1M+64.2%
ST
STAerospace, Defense, and Commercial Equipment — Goodwill
$641.9M0.0%

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

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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:Goodwill.

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 — goodwill?
General Dynamics (GD) reported aerospace — goodwill of $3.33B in Q2 2026.
How has General Dynamics's aerospace — goodwill changed year-over-year?
General Dynamics's aerospace — goodwill increased by 0.3% year-over-year, from $3.31B to $3.33B.
What is the long-term trend for General Dynamics's aerospace — goodwill?
Over 4 years (2021 to 2025), General Dynamics's aerospace — goodwill has grown at a 2.2% compound annual growth rate (CAGR), from $12.04B to $13.13B.
What does aerospace — goodwill mean?
The carrying value of goodwill associated with the Aerospace segment, representing the premium paid over the fair value of net identifiable assets during acquisitions. It reflects the long-term value of intangible assets like brand reputation and customer relationships within the aerospace division.