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General Dynamics GD Price / earnings

Price / earnings at other companies

Boeing logo
BoeingBA
69×
L3Harris Technologies logo
L3Harris TechnologiesLHX
34.6×+9.4×
Textron logo
TextronTXT
17.9×+3.1×
Lockheed Martin logo
Lockheed MartinLMT
29.1×+10.0×
Northrop Grumman logo
Northrop GrummanNOC
21.2×+1.2×
Leidos Holdings logo
Leidos HoldingsLDOS
13.3×-0.7×

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/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 / earnings?
General Dynamics (GD) reported price / earnings of 21.4× in Q1 2026.
How has General Dynamics's price / earnings changed year-over-year?
General Dynamics's price / earnings increased by 16.4% year-over-year, from 18.4× to 21.4×.
What is the long-term trend for General Dynamics's price / earnings?
Over 4 years (2021 to 2025), General Dynamics's price / earnings has grown at a 4.8% compound annual growth rate (CAGR), from 66.4× to 80.2×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.