General Dynamics Corporation GD
- Market cap
- $91.2B
- P/E
- 20.3×
Follow GD
General Dynamics Corporation (GD) Return on invested capital
General Dynamics Corporation's return on invested capital over the twelve months to 30 June 2026 was 11.8%, up 1.1 percentage points from fiscal 2025 (10.7%). Over the past ten years it has ranged from 9.26% (fiscal 2023) to 23.7% (fiscal 2015); the current reading is higher than 55% of that period. That is above the Aerospace & Defense industry median of 1.56% and above the Industrials sector median of 2.44%.
Return on invested capital, annual
Annual
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 10.7% | 0.40 |
| FY2024 | 10.3% | 1.03 |
| FY2023 | 9.26% | (0.20) |
| FY2022 | 9.46% | 0.01 |
| FY2021 | 9.45% | (0.55) |
| FY2020 | 10.0% | (1.42) |
| FY2019 | 11.4% | (0.42) |
| FY2018 | 11.8% | (9.45) |
| FY2017 | 21.3% | 1.55 |
| FY2016 | 19.7% | (3.91) |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| LMT Lockheed Martin Corporation compare | 22.4% |
| HWM Howmet Aerospace Inc. compare | 16.9% |
| TDG Transdigm Group Incorporated compare | 14.3% |
| GD General Dynamics Corporation | 11.8% |
| HEI Heico Corporation compare | 10.6% |
| NOC Northrop Grumman Corporation compare | 9.58% |
| BA The Boeing Company compare | 8.99% |
| LHX L3Harris Technologies Inc compare | 5.12% |
| RKLB Rocket Lab Corporation compare | −11.5% |
| Aerospace & Defense industry median | 1.56% |
| Industrials sector median | 2.44% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on GD
- Revenue
- Net income
- 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
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement