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/S ratio

Alert me on P/S ratio

As of 5 November 2026, General Dynamics Corporation (GD) trades at a P/S ratio of 1.7×. Over the past ten years it has ranged from 0.8× (March 2020) to 2.2× (March 2018); the current reading is higher than 66% of that period. That is below the Aerospace & Defense industry median of 2.9× and above the Industrials sector median of 1.5×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 1.7× 13.99%
FY2024 1.5× (9.50%)
FY2023 1.7× (3.79%)
FY2022 1.7× 14.29%
FY2021 1.5× 34.98%
FY2020 1.1× (12.86%)
FY2019 1.3× 0.74%
FY2018 1.3× (33.78%)
FY2017 1.9× 10.71%
FY2016 1.7× 25.97%

Quarterly newest first

Period P/S ratio Change
Sep 2026 1.6× (9.05%)
Jun 2026 1.7× 1.22%
Mar 2026 1.7× (0.03%)
Dec 2025 1.7× (3.28%)
43 more quarters

Against its own ten years

Low 0.8× High 2.2×
Ten-year median 1.5×
Current reading's percentile 62

P/S ratio against peers

Company P/S ratio
BA The Boeing Company compare 1.4×
LMT Lockheed Martin Corporation compare 1.7×
GD General Dynamics Corporation 1.7×
NOC Northrop Grumman Corporation compare 1.7×
LHX L3Harris Technologies Inc compare 2.1×
HONA Honeywell Aerospace inc. compare 2.6×
TDG Transdigm Group Incorporated compare 6.8×
HWM Howmet Aerospace Inc. compare 8.2×
HEI Heico Corporation compare 8.8×
Aerospace & Defense industry median 2.9×
Industrials sector median 1.5×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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