General Dynamics Corporation

GD Industrials Aerospace & Defense

General Dynamics Corporation’s revenue for fiscal 2025 (year ended December 2025) was $52.6 billion, up 10.1% from fiscal 2024. In the quarter to June 2026, revenue grew 8.07%, EPS grew 13.5%, free cash flow grew 17.6% and total debt fell 13.7%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years, revenue growth for five.

344.25 7.22 +2.14%
Market cap
$91.2B
P/E
20.7×
Fwd P/E
20.8×
Dividend yield
1.82%
F-score
8/9
Altman Z
4.18
Beneish M
−2.52
Dividend safety
96/100

General Dynamics Corporation (GD) EV/EBITDA

Alert me on EV/EBITDA

As of 16 October 2026, General Dynamics Corporation (GD) trades at a EV/EBITDA of 14.6×. Over the past ten years it has ranged from 7.7× (March 2020) to 17.4× (May 2024); the current reading is higher than 73% of that period. That is below the Aerospace & Defense industry median of 18.1× and above the Industrials sector median of 12.6×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 15.3× 9.94%
FY2024 13.9× (8.67%)
FY2023 15.3× 0.11%
FY2022 15.2× 12.73%
FY2021 13.5× 28.20%
FY2020 10.6× (7.92%)
FY2019 11.5× 2.11%
FY2018 11.2× (13.93%)
FY2017 13.0× (0.53%)
FY2016 13.1× 39.90%

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 15.0× (0.67%)
Mar 2026 15.1× (1.67%)
Dec 2025 15.3× (1.71%)
Sep 2025 15.6× 11.06%
42 more quarters

Against its own ten years

Low 7.7× High 17.4×
Ten-year median 13.5×
Current reading's percentile 73

EV/EBITDA against peers

Company EV/EBITDA
LMT Lockheed Martin Corporation compare 13.3×
NOC Northrop Grumman Corporation compare 14.0×
GD General Dynamics Corporation 14.6×
LHX L3Harris Technologies Inc compare 15.1×
TDG Transdigm Group Incorporated compare 19.0×
HEI.A Heico Corporation compare 23.8×
BA The Boeing Company compare 25.9×
HEI Heico Corporation compare 31.2×
HWM Howmet Aerospace Inc. compare 32.8×
Aerospace & Defense industry median 18.1×
Industrials sector median 12.6×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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