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General Dynamics GD Price / book

Price / book at other companies

Boeing logo
BoeingBA
26.1×
L3Harris Technologies logo
L3Harris TechnologiesLHX
+0.9×
Textron logo
TextronTXT
2.1×+0.4×
Lockheed Martin logo
Lockheed MartinLMT
18.6×+2.9×
Northrop Grumman logo
Northrop GrummanNOC
5.7×+0.7×
Leidos Holdings logo
Leidos HoldingsLDOS
3.7×-0.6×

Other financials

Income statement

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Revenue$13.5B+10.3%
Operating income$1.4B+12.0%
Net income$1.1B+13.2%
EPS (diluted)$4.10+12.0%

Balance sheet

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Cash & equivalents$3.7B+194%
Total debt$9.9B-14.6%
Total equity$26.1B+17.3%
Total assets$59.0B+3.1%

Cash flow

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Operating cash flow$2.2B+1,556%
CapEx$203.0M+43.0%
Free cash flow$2.0B+773%

Valuation

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Market cap$98.12B+27.1%
Enterprise value$104.36B+18.8%
P/E22.6×+3.2×
P/S1.8×+0.3×

Profitability

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Gross margin17.9%
Operating margin10.2%0.0pp
Net margin8.1%0.0pp

Returns & leverage

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Return on equity18%-0.3pp
Debt / equity0.4×-0.1×
Current ratio1.4×0.0×

Where this comes from

Calculated from General Dynamics’s reported figures.

Based on the most recent quarter.

The official record: General Dynamics’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is General Dynamics's price / book?
General Dynamics (GD) reported price / book of 3.6× in Q1 2026.
How has General Dynamics's price / book changed year-over-year?
General Dynamics's price / book increased by 8.3% year-over-year, from 3.3× to 3.6×.
What is the long-term trend for General Dynamics's price / book?
Over 4 years (2021 to 2025), General Dynamics's price / book has grown at a 0.5% compound annual growth rate (CAGR), from 13.5× to 13.8×.
What does price / book mean?
How the market price compares to the company's accounting net worth.
How do you interpret price / book?
Below 1.0 can flag a market discount to book value (common for distressed or asset-heavy firms); high values reflect intangible value the balance sheet doesn't capture. Most informative for financials and asset-heavy businesses.
How does price / book compare across companies?
A core valuation gauge for banks and insurers; weak for asset-light firms where book value understates economic value.