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Saturday 17 October 2026 Export GD’s income statement to Excel — free account

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
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

General Dynamics Corporation (GD) Net margin

Alert me on Net margin

General Dynamics Corporation's net margin over the twelve months to 30 June 2026 was 8.18%, up 0.2 percentage points from fiscal 2025 (8.01%). Over the past ten years it has ranged from 7.84% (fiscal 2023) to 9.55% (fiscal 2015); the current reading is higher than 27% of that period. That is above the Aerospace & Defense industry median of 2.22% and above the Industrials sector median of 2.22%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 8.01% 0.08
FY2024 7.93% 0.09
FY2023 7.84% (0.76)
FY2022 8.60% 0.13
FY2021 8.47% 0.12
FY2020 8.35% (0.50)
FY2019 8.85% (0.39)
FY2018 9.24% (0.16)
FY2017 9.40% 0.98
FY2016 8.42% (1.13)

Quarterly newest first

Period Net margin Change (points)
Jun 2026 8.23% (0.12)
Mar 2026 8.35% 0.40
Dec 2025 7.95% (0.25)
Sep 2025 8.20% 0.42
42 more quarters

Against its own ten years

Low 7.84% High 9.55%
Ten-year median 8.47%
Current reading's percentile 29

Net margin against peers

Company Net margin
HWM Howmet Aerospace Inc. compare 20.5%
TDG Transdigm Group Incorporated compare 19.1%
HEI Heico Corporation compare 16.4%
HEI.A Heico Corporation compare 16.4%
NOC Northrop Grumman Corporation compare 10.5%
GD General Dynamics Corporation 8.18%
LMT Lockheed Martin Corporation compare 8.16%
LHX L3Harris Technologies Inc compare 8.11%
BA The Boeing Company compare 2.22%
Aerospace & Defense industry median 2.22%
Industrials sector median 2.22%
Market median 0.45%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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