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General Dynamics GD Number of completed acquisitions

Number of completed acquisitions at other companies

Proficient Auto Logistics, Inc. logo
Proficient Auto Logistics, Inc.PAL
500%
The Baldwin Insurance Group, Inc. logo
The Baldwin Insurance Group, Inc.BWIN
3
PayPal Holdings, Inc. logo
PayPal Holdings, Inc.PYPL
1
Virtu Financial logo
Virtu FinancialVIRT
20.0%
Norwood Financial logo
Norwood FinancialNWFL
30.0%
Cintas logo
CintasCTAS
5-16.7%

Segments

By segment

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Combat Systems2+100%
Technologies20.0%

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$103.41B+23.4%
Enterprise value$109.86B+18.2%
P/E23.1×+2.5×
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×