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

355.15 1.20 −0.34%
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) Return on equity

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General Dynamics Corporation's return on equity over the twelve months to 30 September 2026 was 18.0%, up 0.4 percentage points from fiscal 2025 (17.7%). Over the past ten years it has ranged from 16.6% (fiscal 2023) to 28.9% (fiscal 2018); the current reading is higher than 27% of that period. That is above the Aerospace & Defense industry median of 4.44% and above the Industrials sector median of 3.71%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 17.7% 0.22
FY2024 17.4% 0.81
FY2023 16.6% (2.09)
FY2022 18.7% (0.84)
FY2021 19.6% (1.81)
FY2020 21.4% (5.73)
FY2019 27.1% (1.78)
FY2018 28.9% 2.09
FY2017 26.8% 2.34
FY2016 24.5% (2.46)

Against its own ten years

Low 16.6% High 28.9%
Ten-year median 21.4%
Current reading's percentile 27

Return on equity against peers

Company Return on equity
LMT Lockheed Martin Corporation compare 80.2%
HWM Howmet Aerospace Inc. compare 37.8%
NOC Northrop Grumman Corporation compare 26.1%
HEI Heico Corporation compare 18.4%
GD General Dynamics Corporation 18.0%
LHX L3Harris Technologies Inc compare 10.1%
HONA Honeywell Aerospace inc. compare 0.00%
TDG Transdigm Group Incorporated compare −25.8%
BA The Boeing Company compare −858.5%
Aerospace & Defense industry median 4.44%
Industrials sector median 3.71%
Market median 0.51%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

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