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.
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General Dynamics Corporation (GD) P/E ratio
As of 16 October 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 31.8× and below the Industrials sector median of 24.7×.
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 |
|---|---|---|
| Jun 2026 | 21.3× | 0.04% |
| Mar 2026 | 21.3× | (1.03%) |
| Dec 2025 | 21.5× | (1.46%) |
| Sep 2025 | 21.9× | 12.87% |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| NOC Northrop Grumman Corporation compare | 16.5× |
| LMT Lockheed Martin Corporation compare | 20.3× |
| GD General Dynamics Corporation | 20.7× |
| LHX L3Harris Technologies Inc compare | 25.0× |
| TDG Transdigm Group Incorporated compare | 34.6× |
| HEI.A Heico Corporation compare | 38.3× |
| HWM Howmet Aerospace Inc. compare | 47.4× |
| HEI Heico Corporation compare | 51.0× |
| BA The Boeing Company compare | 71.2× |
| Aerospace & Defense industry median | 31.8× |
| Industrials sector median | 24.7× |
| Market median | 18.1× |
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)
More on GD
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- 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
- Altman Z-score
- Beneish M-score
- The full statement