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General Dynamics GD Marine Systems — Goodwill

Other segment segments

Technologies
$14.52B+0.5%
Aerospace
$3.33B+0.3%
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$2.79B-1.2%

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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: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 marine systems — goodwill?
General Dynamics (GD) reported marine systems — goodwill of $297M in Q2 2026.
How has General Dynamics's marine systems — goodwill changed year-over-year?
General Dynamics's marine systems — goodwill decreased by 0.0% year-over-year, from $297M to $297M.
What is the long-term trend for General Dynamics's marine systems — goodwill?
Over 4 years (2021 to 2025), General Dynamics's marine systems — goodwill has grown at a 0.0% compound annual growth rate (CAGR), from $1.19B to $1.19B.
What does marine systems — goodwill mean?
This reflects the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations within the Marine Systems segment. It represents intangible value such as brand reputation, customer relationships, and specialized naval engineering expertise.