stockrowGeneral 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.
- Revenue
- +12.9%
- EPS
- +15.8%
- Free cash flow
- −35.2%
- Total debt
- −12.5%
Quarter to September 2026, against a year earlier
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General Dynamics Corporation (GD) Gross margin
General Dynamics Corporation's gross margin over the twelve months to 30 September 2026 was 15.4%, up 0.3 percentage points from fiscal 2025 (15.1%). Over the past ten years it has ranged from 15.1% (fiscal 2025) to 20.2% (fiscal 2017) — the current reading is the lowest in ten years. That is below the Aerospace & Defense industry median of 26.4% and below the Industrials sector median of 30.6%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 15.1% | (0.30) |
| FY2024 | 15.4% | (0.35) |
| FY2023 | 15.8% | (1.02) |
| FY2022 | 16.8% | 0.14 |
| FY2021 | 16.7% | (0.02) |
| FY2020 | 16.7% | (1.08) |
| FY2019 | 17.8% | (0.63) |
| FY2018 | 18.4% | (1.76) |
| FY2017 | 20.2% | 1.61 |
| FY2016 | 18.5% | (1.07) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 15.4% | (0.05) |
| Jun 2026 | 15.5% | (0.41) |
| Mar 2026 | 15.9% | 1.01 |
| Dec 2025 | 14.9% | (0.36) |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| TDG Transdigm Group Incorporated compare | 59.6% |
| HEI Heico Corporation compare | 40.4% |
| HWM Howmet Aerospace Inc. compare | 36.6% |
| HONA Honeywell Aerospace inc. compare | 36.2% |
| LHX L3Harris Technologies Inc compare | 25.6% |
| NOC Northrop Grumman Corporation compare | 20.0% |
| GD General Dynamics Corporation | 15.4% |
| LMT Lockheed Martin Corporation compare | 11.7% |
| BA The Boeing Company compare | 9.42% |
| Aerospace & Defense industry median | 26.4% |
| Industrials sector median | 30.6% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
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- The full statement