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General Dynamics GD Fair value of plan assets

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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:DefinedBenefitPlanPensionPlanWithProjectedBenefitObligationInExcessOfPlanAssetsPlanAssets.

The source filing: General Dynamics’s 10-K, filed January 30, 2026.

Filed
Jan 30, 2026, 1:14 PM EST
Fiscal year
FY2025
Accession
0000040533-26-000006
December 3120252024
PBO$(11,540)$(11,476)
Fair value of plan assets10,6069,657

Item 7A. Quantitative and Qualitative Disclosures

FAQ

What is General Dynamics's fair value of plan assets?
General Dynamics (GD) reported fair value of plan assets of $10.61B in Q4 2025.
How has General Dynamics's fair value of plan assets changed year-over-year?
General Dynamics's fair value of plan assets increased by 9.8% year-over-year, from $9.66B to $10.61B.
What is the long-term trend for General Dynamics's fair value of plan assets?
Over 5 years (2020 to 2025), General Dynamics's fair value of plan assets has grown at a -5.7% compound annual growth rate (CAGR), from $14.19B to $10.61B.
What does fair value of plan assets mean?
This represents the total market value of the assets held in a trust to fund defined benefit pension obligations. It is the primary offset to the pension liability and determines the funded status of the plan. Monitoring this value is essential for understanding the company's exposure to market fluctuations in its pension portfolio.

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