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General Dynamics GD Combat Systems — D&A

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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 combat systems — D&A?
General Dynamics (GD) reported combat systems — D&A of $27M in Q2 2026.
How has General Dynamics's combat systems — D&A changed year-over-year?
General Dynamics's combat systems — D&A decreased by 0.0% year-over-year, from $27M to $27M.
What is the long-term trend for General Dynamics's combat systems — D&A?
Over 4 years (2021 to 2025), General Dynamics's combat systems — D&A has grown at a 0.7% compound annual growth rate (CAGR), from $109M to $112M.
What does combat systems — D&A mean?
This is the non-cash expense allocated to the Combat Systems segment to account for the wear and tear of physical assets and the expiration of intangible assets over time. It is essential for calculating the true cash-generating ability of the segment.