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

356.91 7.96 −2.18%
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) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, General Dynamics Corporation (GD) trades at a P/E ratio of 20.7×. Over the past ten years it has ranged from 8.8× (March 2020) to 24.2× (May 2024); the current reading is higher than 78% of that period. That is below the Aerospace & Defense industry median of 28.5× and below the Industrials sector median of 23.3×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 21.5× 12.89%
FY2024 19.1× (10.50%)
FY2023 21.3× 5.57%
FY2022 20.2× 12.66%
FY2021 17.9× 32.98%
FY2020 13.5× (7.58%)
FY2019 14.6× 5.12%
FY2018 13.9× (32.66%)
FY2017 20.6× 13.92%
FY2016 18.1× 21.67%

Quarterly newest first

Period P/E ratio Change
Sep 2026 19.3× (9.70%)
Jun 2026 21.3× 0.04%
Mar 2026 21.3× (1.03%)
Dec 2025 21.5× (1.46%)
43 more quarters

Against its own ten years

Low 8.8× High 24.2×
Ten-year median 18.4×
Current reading's percentile 76

P/E ratio against peers

Company P/E ratio
NOC Northrop Grumman Corporation compare 16.5×
BA The Boeing Company compare 17.9×
LMT Lockheed Martin Corporation compare 20.4×
GD General Dynamics Corporation 20.7×
LHX L3Harris Technologies Inc compare 23.8×
TDG Transdigm Group Incorporated compare 36.1×
HWM Howmet Aerospace Inc. compare 39.3×
HEI Heico Corporation compare 53.7×
HONA Honeywell Aerospace inc. compare —
Aerospace & Defense industry median 28.5×
Industrials sector median 23.3×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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