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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) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, General Dynamics Corporation (GD) trades at a P/B ratio of 3.5×. Over the past ten years it has ranged from 2.2× (March 2020) to 6.0× (March 2018); the current reading is higher than 28% of that period. That is above the Aerospace & Defense industry median of 2.6× and above the Industrials sector median of 2.2×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 3.5× 8.10%
FY2024 3.3× (1.38%)
FY2023 3.3× (10.03%)
FY2022 3.7× 11.23%
FY2021 3.3× 21.54%
FY2020 2.7× (25.04%)
FY2019 3.6× (8.07%)
FY2018 4.0× (24.57%)
FY2017 5.2× 1.07%
FY2016 5.2× 26.27%

Quarterly newest first

Period P/B ratio Change
Jun 2026 3.6× 0.33%
Mar 2026 3.6× 0.57%
Dec 2025 3.5× (5.90%)
Sep 2025 3.8× 13.29%
42 more quarters

Against its own ten years

Low 2.2× High 6.0×
Ten-year median 3.7×
Current reading's percentile 31

P/B ratio against peers

Company P/B ratio
TDG Transdigm Group Incorporated compare n/m
LHX L3Harris Technologies Inc compare 2.3×
GD General Dynamics Corporation 3.5×
NOC Northrop Grumman Corporation compare 4.1×
HEI.A Heico Corporation compare 6.5×
HEI Heico Corporation compare 8.6×
LMT Lockheed Martin Corporation compare 14.5×
HWM Howmet Aerospace Inc. compare 15.4×
BA The Boeing Company compare 24.6×
Aerospace & Defense industry median 2.6×
Industrials sector median 2.2×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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