What is General Dynamics's goodwill?

General Dynamics (GD) reported goodwill of $20.93B in Q2 2026.

How has General Dynamics's goodwill changed year-over-year?

General Dynamics's goodwill increased by 0.2% year-over-year, from $20.88B to $20.93B.

What is the long-term trend for General Dynamics's goodwill?

Over 5 years (2020 to 2025), General Dynamics's goodwill has grown at a 0.9% compound annual growth rate (CAGR), from $20.05B to $21.01B.

What does goodwill mean?

The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.

General Dynamics GD Goodwill

Goodwill at other companies

BoeingBA

$17.55B+141%

CACI InternationalCACI

$6.47B+30.9%

National Presto IndustriesNPK

$19.43M0.0%

L3Harris TechnologiesLHX

$20B-1.8%

OshkoshOSK

$1.44B-0.7%

DLH HoldingsDLHC

$138.16M0.0%

Segments

By segment

See full

Technologies$14.52B+0.5%

Aerospace$3.33B+0.3%

Combat Systems$2.79B-1.2%

Marine Systems$297M0.0%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$1.9B+17.6%

CapEx$234.0M+18.2%

Free cash flow$1.6B+17.6%

Valuation

See full

Market cap$103.41B+23.4%

Enterprise value$109.86B+18.2%

P/E23.1×+2.5×

P/S1.9×+0.2×

Profitability

See full

Gross margin17.9%—

Operating margin10.3%0.0pp

Net margin8.2%+0.1pp

FCF margin11.8%+3.5pp

Returns & leverage

See full

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 goodwill?: General Dynamics (GD) reported goodwill of $20.93B in Q2 2026.
How has General Dynamics's goodwill changed year-over-year?: General Dynamics's goodwill increased by 0.2% year-over-year, from $20.88B to $20.93B.
What is the long-term trend for General Dynamics's goodwill?: Over 5 years (2020 to 2025), General Dynamics's goodwill has grown at a 0.9% compound annual growth rate (CAGR), from $20.05B to $21.01B.
What does goodwill mean?: The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.