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

354.94 1.41 −0.40%
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) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, General Dynamics Corporation (GD) trades at a price to free cash flow of 16.7×. Over the past ten years it has ranged from 10.9× (June 2022) to 43.2× (December 2016); the current reading is higher than 30% of that period. That is below the Aerospace & Defense industry median of 31.7× and below the Industrials sector median of 19.6×.

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
Sep 2026 15.5× 4.53%
Jun 2026 14.8× (0.73%)
Mar 2026 15.0× (34.65%)
Dec 2025 22.9× 19.93%
43 more quarters

Against its own ten years

Low 10.9× High 43.2×
Ten-year median 20.5×
Current reading's percentile 30

Price to free cash flow against peers

Company Price to free cash flow
HONA Honeywell Aerospace inc. compare n/m
LHX L3Harris Technologies Inc compare 13.2×
LMT Lockheed Martin Corporation compare 15.9×
GD General Dynamics Corporation 16.7×
NOC Northrop Grumman Corporation compare 17.8×
TDG Transdigm Group Incorporated compare 35.5×
HWM Howmet Aerospace Inc. compare 37.2×
HEI Heico Corporation compare 44.3×
BA The Boeing Company compare 1,305×
Aerospace & Defense industry median 31.7×
Industrials sector median 19.6×
Market median 14.1×

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)))

The full definition of Price to free cash flow →

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