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.

Revenue
+12.9%
EPS
+15.8%
Free cash flow
−35.2%
Total debt
−12.5%

Quarter to September 2026, against a year earlier

355.15 1.20 −0.34%
Market cap
$96.3B
P/E
20.7×
Fwd P/E
21.9×
Dividend yield
1.76%
F-score
8/9
Altman Z
4.18
Beneish M
−2.52
Dividend safety
96/100

General Dynamics Corporation (GD) Net margin

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General Dynamics Corporation's net margin over the twelve months to 30 September 2026 was 8.24%, 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 2.74% and above the Industrials sector median of 2.52%.

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)
Sep 2026 8.44% 0.21
Jun 2026 8.23% (0.12)
Mar 2026 8.35% 0.40
Dec 2025 7.95% (0.25)
43 more quarters

Against its own ten years

Low 7.84% High 9.55%
Ten-year median 8.47%
Current reading's percentile 35

Net margin against peers

Company Net margin
HWM Howmet Aerospace Inc. compare 21.1%
TDG Transdigm Group Incorporated compare 19.1%
HEI Heico Corporation compare 16.4%
HONA Honeywell Aerospace inc. compare 13.7%
NOC Northrop Grumman Corporation compare 10.4%
LHX L3Harris Technologies Inc compare 8.62%
GD General Dynamics Corporation 8.24%
LMT Lockheed Martin Corporation compare 8.23%
BA The Boeing Company compare 7.70%
Aerospace & Defense industry median 2.74%
Industrials sector median 2.52%
Market median 1.06%

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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