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) Price to free cash flow
As of 16 October 2026, General Dynamics Corporation (GD) trades at a price to free cash flow of 14.4×. Over the past ten years it has ranged from 10.9× (June 2022) to 43.2× (December 2016); the current reading is higher than 16% of that period. That is below the Aerospace & Defense industry median of 32.0× and below the Industrials sector median of 20.1×.
Price to free cash flow, daily
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Annual newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| FY2025 | 22.9× | 1.35% |
| FY2024 | 22.6× | 21.66% |
| FY2023 | 18.6× | (6.04%) |
| FY2022 | 19.8× | 14.34% |
| FY2021 | 17.3× | 16.96% |
| FY2020 | 14.8× | (42.07%) |
| FY2019 | 25.5× | 35.01% |
| FY2018 | 18.9× | 8.56% |
| FY2017 | 17.4× | (42.37%) |
| FY2016 | 30.2× | 39.39% |
Quarterly newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| Jun 2026 | 14.8× | (0.73%) |
| Mar 2026 | 15.0× | (34.65%) |
| Dec 2025 | 22.9× | 19.93% |
| Sep 2025 | 19.1× | 0.76% |
| 42 more quarters | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| BA The Boeing Company compare | n/m |
| GD General Dynamics Corporation | 14.4× |
| LMT Lockheed Martin Corporation compare | 14.6× |
| LHX L3Harris Technologies Inc compare | 16.5× |
| NOC Northrop Grumman Corporation compare | 20.3× |
| HEI.A Heico Corporation compare | 31.6× |
| TDG Transdigm Group Incorporated compare | 33.9× |
| HEI Heico Corporation compare | 42.0× |
| HWM Howmet Aerospace Inc. compare | 43.8× |
| Aerospace & Defense industry median | 32.0× |
| Industrials sector median | 20.1× |
| Market median | 14.2× |
What Price to free cash flow is
Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.
Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))
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/E ratio
- P/S ratio
- P/B ratio
- 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