stockrowGeneral 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
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General Dynamics Corporation (GD) Return on invested capital
General Dynamics Corporation's return on invested capital over the twelve months to 30 September 2026 was 12.2%, up 1.6 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 0.26% and above the Industrials sector median of 1.86%.
Return on invested capital, annual
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Annual newest first
| 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 | 23.7% |
| HONA Honeywell Aerospace inc. compare | 19.8% |
| BA The Boeing Company compare | 19.2% |
| HWM Howmet Aerospace Inc. compare | 18.3% |
| TDG Transdigm Group Incorporated compare | 14.3% |
| GD General Dynamics Corporation | 12.2% |
| HEI Heico Corporation compare | 10.6% |
| NOC Northrop Grumman Corporation compare | 9.84% |
| LHX L3Harris Technologies Inc compare | 5.69% |
| Aerospace & Defense industry median | 0.26% |
| Industrials sector median | 1.86% |
| 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
- 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
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- 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