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General Dynamics GD Return on invested capital

Return on invested capital at other companies

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BoeingBA
9.2%+5.3pp
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CACI InternationalCACI
8.3%-1.3pp
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11.7%+1.2pp
Textron logo
TextronTXT
14.1%+1.0pp
Oshkosh logo
OshkoshOSK
11.7%-1.4pp
DLH Holdings logo
DLH HoldingsDLHC
-0.1%-6.8pp

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$103.74B+23.3%
Enterprise value$110.2B+18.1%
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×

Where this comes from

Calculated from General Dynamics’s reported figures.

Based on trailing twelve months.

The source filing: General Dynamics’s 10-Q, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 11:09 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000040533-26-000032

FAQ

What is General Dynamics's return on invested capital?
General Dynamics (GD) reported return on invested capital of 14.1% in Q2 2026.
How has General Dynamics's return on invested capital changed year-over-year?
General Dynamics's return on invested capital increased by 6.0% year-over-year, from 13.3% to 14.1%.
What is the long-term trend for General Dynamics's return on invested capital?
Over 5 years (2020 to 2025), General Dynamics's return on invested capital has grown at a 1.0% compound annual growth rate (CAGR), from 12.9% to 13.5%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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