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General Dynamics GD Insurance Liabilities and Annuity Benefits

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Other financials

Income statement

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Revenue$13.5B+10.3%
Operating income$1.4B+12.0%
Net income$1.1B+13.2%
EPS (diluted)$4.10+12.0%

Balance sheet

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Cash & equivalents$3.7B+194%
Total debt$9.9B-14.6%
Total equity$26.1B+17.3%
Total assets$59.0B+3.1%

Cash flow

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Operating cash flow$2.2B+1,556%
CapEx$203.0M+43.0%
Free cash flow$2.0B+773%

Valuation

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Market cap$94.65B+27.1%
Enterprise value$100.89B+18.8%
P/E21.8×+3.1×
P/S1.8×+0.2×

Profitability

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Gross margin17.9%
Operating margin10.2%0.0pp
Net margin8.1%0.0pp

Returns & leverage

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Return on equity18%-0.3pp
Debt / equity0.4×-0.1×
Current ratio1.4×0.0×

Where this comes from

Reported directly by General Dynamics in its filing.

Tagged under the XBRL concept us-gaap:DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation.

The official record: General Dynamics’s 10-K, filed January 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is General Dynamics's insurance liabilities and annuity benefits?
General Dynamics (GD) reported insurance liabilities and annuity benefits of $215M in Q4 2025.
How has General Dynamics's insurance liabilities and annuity benefits changed year-over-year?
General Dynamics's insurance liabilities and annuity benefits decreased by 3.6% year-over-year, from $223M to $215M.
What is the long-term trend for General Dynamics's insurance liabilities and annuity benefits?
Over 5 years (2020 to 2025), General Dynamics's insurance liabilities and annuity benefits has grown at a -3.7% compound annual growth rate (CAGR), from $259M to $215M.
What does insurance liabilities and annuity benefits mean?
The total estimated amount the company owes to insurance and annuity policyholders.
How do you interpret insurance liabilities and annuity benefits?
An increase reflects growth in the insurance book or changes in actuarial assumptions, while a decrease may indicate policy maturity or reduced risk exposure.
How does insurance liabilities and annuity benefits compare across companies?
Highly specific to insurance and financial services firms; peer comparison requires adjustment for underwriting risk profiles.