General Dynamics Letters of credit and guarantees decreased by 12.5% to $2.10B in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $2.10B to $2.10B. Over 5 years (FY 2020 to FY 2025), Letters of credit and guarantees shows an upward trend with a 11.4% CAGR.
An increase indicates higher levels of project activity or more stringent contract requirements, but also higher contingent risk.
This represents the total value of financial instruments issued by banks on behalf of the company to guarantee performan...
Common in construction, defense, and capital-intensive industries.
other_letters_of_credit_and_guarantees| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.00B | $1.00B | $1.20B | $1.00B | $1.20B | $1.10B | $1.40B | $1.40B | $1.40B | $1.30B | $1.60B | $1.80B | $1.80B | $1.80B | $1.80B | $2.10B | $2.40B | $2.20B | $2.40B | $2.10B |
| QoQ Change | — | +0.0% | +20.0% | -16.7% | +20.0% | -8.3% | +27.3% | +0.0% | +0.0% | -7.1% | +23.1% | +12.5% | +0.0% | +0.0% | +0.0% | +16.7% | +14.3% | -8.3% | +9.1% | -12.5% |
| YoY Change | — | — | — | — | +20.0% | +10.0% | +16.7% | +40.0% | +16.7% | +18.2% | +14.3% | +28.6% | +28.6% | +38.5% | +12.5% | +16.7% | +33.3% | +22.2% | +33.3% | +0.0% |