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General Dynamics GD Net debt / EBITDA

Net debt / EBITDA at other companies

Boeing logo
BoeingBA
7.3×
L3Harris Technologies logo
L3Harris TechnologiesLHX
2.1×-0.4×
Textron logo
TextronTXT
-0.7×+0.3×
Lockheed Martin logo
Lockheed MartinLMT
2.1×+0.4×
Northrop Grumman logo
Northrop GrummanNOC
2.3×-0.5×
Leidos Holdings logo
Leidos HoldingsLDOS
2.6×+0.4×

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$98.12B+27.1%
Enterprise value$104.36B+18.8%
P/E22.6×+3.2×
P/S1.8×+0.3×

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

Calculated from General Dynamics’s reported figures.

Based on the most recent quarter.

The official record: General Dynamics’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is General Dynamics's net debt / EBITDA?
General Dynamics (GD) reported net debt / EBITDA of 1× in Q1 2026.
How has General Dynamics's net debt / EBITDA changed year-over-year?
General Dynamics's net debt / EBITDA decreased by 44.7% year-over-year, from 1.8× to 1×.
What is the long-term trend for General Dynamics's net debt / EBITDA?
Over 4 years (2021 to 2025), General Dynamics's net debt / EBITDA has grown at a -13.3% compound annual growth rate (CAGR), from 10.4× to 5.9×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.