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General Dynamics GD Operating Lease Liabilities

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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$104.68B+23.5%
Enterprise value$111.14B+18.4%
P/E23.3×+2.6×
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:OperatingLeaseLiabilityNoncurrent.

The source filing: General Dynamics’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 11:09 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000040533-26-000032
Line itemJuly 5, 2026December 31, 2025
Workers’ compensation240236
Other1,4261,221
Total other current liabilities$3,601$3,288
Customer deposits on commercial contracts$2,607$2,649
Lease liabilities1,6331,477
Retirement benefits1,0711,134
Other3,0012,564
Total other liabilities$8,312$7,824

Item 6 - [Exhibits](#i6405665e2a3b4a7a9dbeb438be86e654_148) [44](#i6405665e2a3b4a7a9dbeb438be86e654_148)

FAQ

What is General Dynamics's operating lease liabilities?
General Dynamics (GD) reported operating lease liabilities of $1.63B in Q2 2026.
How has General Dynamics's operating lease liabilities changed year-over-year?
General Dynamics's operating lease liabilities increased by 2.8% year-over-year, from $1.59B to $1.63B.
What is the long-term trend for General Dynamics's operating lease liabilities?
Over 5 years (2020 to 2025), General Dynamics's operating lease liabilities has grown at a -0.4% compound annual growth rate (CAGR), from $1.15B to $1.12B.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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