Other
Letters of credit and guarantees
General Dynamics Letters of credit and guarantees decreased by 12.5% to $2.1B in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $2.1B to $2.1B. Over 5 years (FY 2020 to FY 2025), Letters of credit and guarantees shows an upward trend with a 11.4% CAGR.
Analysis
StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ1 2016
Last reportedQ1 2026Apr 29, 2026
How to read this metric
An increase indicates higher levels of project activity or more stringent contract requirements, but also higher contingent risk.
Detailed definition
This represents the total value of financial instruments issued by banks on behalf of the company to guarantee performan...
Peer comparison
Common in construction, defense, and capital-intensive industries.
Metric ID:
other_letters_of_credit_and_guaranteesHistorical Data
20 periods
| 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 | $1B | $1B | $1.2B | $1B | $1.2B | $1.1B | $1.4B | $1.4B | $1.4B | $1.3B | $1.6B | $1.8B | $1.8B | $1.8B | $1.8B | $2.1B | $2.4B | $2.2B | $2.4B | $2.1B |
| 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% |
Range$1B – $2.4B
CAGR+16.9%
Avg YoY Growth+21.8%
Median YoY Growth+19.1%
Letters of credit and guarantees at Other Companies
Frequently Asked Questions
- What is General Dynamics's letters of credit and guarantees?
- General Dynamics (GD) reported letters of credit and guarantees of $2.1B in Q1 2026.
- How has General Dynamics's letters of credit and guarantees changed year-over-year?
- General Dynamics's letters of credit and guarantees decreased by 0.0% year-over-year, from $2.1B to $2.1B.
- What is the long-term trend for General Dynamics's letters of credit and guarantees?
- Over 5 years (2020 to 2025), General Dynamics's letters of credit and guarantees has grown at a 11.4% compound annual growth rate (CAGR), from $1.4B to $2.4B.
- What does letters of credit and guarantees mean?
- Financial guarantees provided by the company to ensure performance on contracts.