General Dynamics Corporation Financial Ratios — GD Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	13.67	-1.76	12.32	12.2	13.41	10.56	11.21	11.79	11.25	9.58	9.32	9.19	8.54	9.26	9.73
Return on Assets (%)	7.49	-0.96	6.75	7.15	9.02	7.89	8.54	8.32	7.35	6.29	6.43	6.67	6.23	6.83	7.44
Return on Capital (%)	11.94	-2.05	10.54	10.57	11.81	9.45	10.02	9.99	8.83	7.6	7.4	7.51	7.23	7.94	8.49
Return on Invested Capital (%)	15.53	-13.57	14.86	15.55	19.68	18.04	19.61	18.26	14.7	12.12	11.44	11.5	11.2	12.27	12.97
Gross Margin (%)	17.92	16.07	18.52	19.04	19.61	18.54	20.15	18.39	17.76	16.68	16.66	16.8	15.78	15.43	15.13
EBITDA Margin (%)	13.52	10.81	13.62	14.21	15.03	13.73	15.1	14.25	13.72	13.21	13.14	12.93	12.08	11.91	11.95
Operating Margin (%)	11.71	8.9	11.93	12.61	13.51	12.25	13.68	12.14	11.61	10.9	10.82	10.69	10.04	10.05	10.19
Incremental Operating Margin (%)	-56.4	63.32	-1,500	-256.41	43.7	45.16	119.42	3.03	5.57	30.67	5.51	5.12	1.19	10.12	11.58
Pretax Margin (%)	11.38	1.53	11.67	12.32	13.28	11.96	13.16	11.29	10.68	9.86	10.07	10.24	9.42	9.51	9.71
Profit Margin (%)	7.73	-1.07	7.62	8.21	9.55	8.42	9.4	9.24	8.85	8.35	8.47	8.6	7.84	7.93	8.01
Net Income to Common Margin (%)	7.73	-1.07	7.62	8.21	9.55	8.42	9.4	9.24	8.85	8.35	8.47	8.6	7.84	7.93	8.01
Effective Tax Rate (%)	31.36	180.55	31.15	29.69	28.04	26.72	28.57	17.8	17.09	15.28	15.9	16.01	16.79	16.7	17.5
Dvd Payout Ratio (%)	26.37	-234.38	23.77	30.75	28.75	34.01	33.86	32.01	33.07	39.15	40.37	40.38	43.08	40.43	37.84
Sustainable Growth Rate (%)	10.06	-5.88	9.39	8.45	9.55	6.97	7.41	8.02	7.53	5.83	5.56	5.48	4.86	5.51	6.05

Credit (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	3,930	3,908	3,909	3,893	3,399	3,888	3,982	12,417	13,433	14,732	13,175	12,114	11,083	10,676	9,789
ST Debt	23	- -	1	501	501	900	2	973	3,172	3,333	1,342	1,541	832	1,821	1,305
LT Debt	3,907	3,908	3,908	3,392	2,898	2,988	3,980	11,444	10,261	11,399	11,833	10,573	10,251	8,855	8,484
Total Debt/EBITDA	0.89	1.17	0.93	0.89	0.71	0.93	0.85	2.41	2.49	2.94	2.61	2.38	2.17	1.88	1.56
Net Debt/EBITDA	0.29	0.18	-0.33	-0.11	0.13	0.37	0.21	2.22	2.04	2.03	1.96	1.82	1.44	1.24	0.9
Total Debt/EBIT	1.03	1.42	1.06	1	0.79	1.04	0.94	2.83	2.94	3.56	3.16	2.88	2.61	2.23	1.83
Net Debt/EBIT	0.33	0.22	-0.38	-0.13	0.14	0.42	0.24	2.61	2.41	2.46	2.38	2.2	1.73	1.47	1.06
EBITDA to Interest Expense	28.5	19.93	40.91	42.57	48.73	42.39	39.97	13.79	11.44	10.25	11.72	13.03	12.8	14.46	15.62
EBITDA-CapEx/Interest Expense	28.5	19.93	40.91	42.57	48.73	42.39	39.97	13.79	11.44	10.25	11.72	13.03	12.8	14.46	15.62
EBIT to Interest Expense	24.68	16.42	35.82	37.76	43.83	37.82	36.21	11.75	9.68	8.45	9.66	10.77	10.64	12.2	13.32
Interest Expense	155	168	103	103	98	99	117	374	472	489	431	391	399	393	402
Common Equity/Total Assets	55.61	53.46	56.09	61.15	74.03	75.44	76.83	65.64	65.08	66.23	71.7	73.44	72.53	75.11	77.84
Long-Term Debt/Equity (%)	29.53	34.31	26.95	28.68	26.99	29.01	34.81	97.55	73.41	72.79	67.08	56.94	48.13	40.14	33.11
Long-Term Debt/Capital (%)	16.75	17.56	16.41	13.3	10.7	10.33	12.88	27.1	22.53	23.4	24.11	21.15	20.17	16.82	15.61
Long-Term Debt/Total Assets (%)	11.2	11.39	11.01	9.6	9.06	9.01	11.36	25.2	20.79	22.22	23.63	20.5	18.7	15.85	14.82
Total Debt/Equity (%)	29.7	34.31	26.96	32.91	31.65	37.74	34.82	105.84	96.1	94.07	74.68	65.24	52.04	48.39	38.21
Total Debt/Capital (%)	16.85	17.56	16.41	15.27	12.55	13.45	12.88	29.41	29.49	30.24	26.85	24.23	21.8	20.28	18.01
Total Debt/Total Assets (%)	11.27	11.39	11.01	11.02	10.62	11.72	11.36	27.35	27.22	28.71	26.31	23.48	20.22	19.11	17.1
Net Debt to Equity	9.68	5.37	-9.6	-4.18	5.72	15.09	8.74	97.63	78.9	64.96	56.07	49.84	34.5	32.02	22.17
Net Debt/Capital (%)	6.19	3.23	-7.52	-2.34	2.53	5.85	3.58	27.76	24.7	22.17	20.84	18.98	15.02	13.87	10.92
EBITDA	4,418	3,349	4,214	4,385	4,776	4,197	4,677	5,157	5,399	5,011	5,053	5,095	5,108	5,682	6,280
EBITDA-CapEx	4,418	3,349	4,214	4,385	4,776	4,197	4,677	5,157	5,399	5,011	5,053	5,095	5,108	5,682	6,280
Operating Income (Loss)	3,826	2,759	3,689	3,889	4,295	3,744	4,236	4,394	4,570	4,133	4,163	4,211	4,245	4,796	5,356

Liquidity (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.24	0.28	0.43	0.32	0.22	0.17	0.23	0.07	0.05	0.18	0.11	0.08	0.12	0.1	0.14
Current Ratio	1.38	1.35	1.48	1.27	1.17	1.23	1.4	1.23	1.21	1.35	1.43	1.37	1.44	1.37	1.44
Quick Ratio	0.64	0.65	0.79	0.61	0.5	0.74	0.9	0.77	0.73	0.88	0.94	0.85	0.79	0.72	0.78
CFO/Avg Current Liab	0.29	0.23	0.26	0.29	0.2	0.17	0.29	0.23	0.19	0.24	0.29	0.31	0.3	0.24	0.3
Common Equity/Total Assets	55.61	53.46	56.09	61.15	74.03	75.44	76.83	65.64	65.08	66.23	71.7	73.44	72.53	75.11	77.84
Long-Term Debt/Equity (%)	29.53	34.31	26.95	28.68	26.99	29.01	34.81	97.55	73.41	72.79	67.08	56.94	48.13	40.14	33.11
Long-Term Debt/Capital (%)	16.75	17.56	16.41	13.3	10.7	10.33	12.88	27.1	22.53	23.4	24.11	21.15	20.17	16.82	15.61
Long-Term Debt/Total Assets (%)	11.2	11.39	11.01	9.6	9.06	9.01	11.36	25.2	20.79	22.22	23.63	20.5	18.7	15.85	14.82
Total Debt/Equity (%)	29.7	34.31	26.96	32.91	31.65	37.74	34.82	105.84	96.1	94.07	74.68	65.24	52.04	48.39	38.21
Total Debt/Capital (%)	16.85	17.56	16.41	15.27	12.55	13.45	12.88	29.41	29.49	30.24	26.85	24.23	21.8	20.28	18.01
Total Debt/Total Assets (%)	11.27	11.39	11.01	11.02	10.62	11.72	11.36	27.35	27.22	28.71	26.31	23.48	20.22	19.11	17.1
CFO/Total Liabilities	14.96	11.37	14.82	16.28	12.26	9.46	16.42	9.35	8.43	10.82	13.17	13.87	14.06	12.16	16.19
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	4.61	4	4.39	4.6	5.34	5.23	5.48	4.96	4.62	4.33	4.97	5.07	4.95	5.11	5.76

Working Capital (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	7.9	7.18	7.21	7.33	8.48	8.93	8.83	9.81	10.78	11.31	12.41	13.03	14.06	15.96	19.52
Days Sales Outstanding	46.23	50.84	50.59	49.81	43.05	40.88	41.34	37.19	33.87	32.27	29.42	28.01	25.96	22.88	18.69
Inventory Turnover	5.57	3.42	3.27	3.23	3.29	3.88	4.75	5.24	5.27	5.24	5.78	5.62	4.78	4.41	4.71
Days Inventory Outstanding	65.57	106.77	111.59	113.11	110.97	94.13	76.9	69.7	69.27	69.6	63.1	64.92	76.38	82.77	77.57
Accounts Payable Turnover	11.42	9.8	10.73	11.76	12.66	9.9	8.67	9.46	10.31	10.15	10.35	10.29	11.66	12.89	14.65
Accounts Payable Turnover Days	31.97	37.26	34.02	31.04	28.82	36.86	42.08	38.58	35.4	35.95	35.28	35.48	31.3	28.32	24.92
Cash Conversion Cycle	79.82	120.35	128.16	131.88	125.19	98.15	76.16	68.31	67.74	65.92	57.24	57.45	71.04	77.33	71.35
Inventory to Cash Days	-19.34	-55.93	-61	-63.31	-67.92	-53.25	-35.56	-32.51	-35.4	-37.33	-33.68	-36.9	-50.43	-59.9	-58.87
Inventories	7,478	7,740	7,670	7,812	7,723	5,118	5,303	5,977	6,306	5,745	5,340	6,322	8,578	9,724	9,232
Raw Materials	6,199	6,073	5,990	5,881	5,733	1,429	1,357	1,504	1,733	1,712	1,651	2,072	2,886	3,396	3,248
Work In Process	1,202	1,518	1,633	1,828	1,889	3,643	3,872	4,357	4,419	3,990	3,654	4,182	5,655	6,279	5,938
Finished Goods	77	149	47	103	101	46	74	116	154	43	35	68	37	49	46
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	24,180	24,473	33,509	46,130	44,134	52,610	60,872	46,424	50,842	42,696	58,455	68,305	70,916	72,170	90,595
- Cash & Cash Equivalents	2,649	3,296	5,301	4,388	2,785	2,334	2,983	963	902	2,824	1,603	1,242	1,913	1,697	2,333
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	3,930	3,908	3,909	3,893	3,399	3,888	3,982	12,417	13,433	14,732	13,175	12,114	11,083	10,676	9,789
Enterprise Value	25,461	25,085	32,117	45,635	44,748	54,164	61,871	57,878	63,373	54,604	70,027	79,177	80,086	81,149	98,051
Total Capital	23,329	22,250	23,819	25,502	27,085	28,913	30,908	42,225	45,548	48,712	49,077	49,999	50,835	52,645	54,351
Total Debt/Capital (%)	16.85	17.56	16.41	15.27	12.55	13.45	12.88	29.41	29.49	30.24	26.85	24.23	21.8	20.28	18.01
Total Debt / EV	0.15	0.16	0.12	0.09	0.08	0.07	0.06	0.21	0.21	0.27	0.19	0.15	0.14	0.13	0.1
EV/Sales	0.78	0.81	1.04	1.48	1.41	1.77	2	1.6	1.61	1.44	1.82	2.01	1.89	1.7	1.87
EV/EBITDA	5.76	7.49	7.62	10.41	9.37	12.91	13.23	11.22	11.74	10.9	13.86	15.54	15.68	14.28	15.61
EV/EBIT	6.65	9.09	8.71	11.73	10.42	14.47	14.61	13.17	13.87	13.21	16.82	18.8	18.87	16.92	18.31
EV/Cash Flow to Firm	7.61	10.15	10.09	11.7	16.71	24.23	15.63	16.75	18.79	12.78	15.11	16.13	15.88	18.28	17.99
EV/Free Cash Flow to Firm	7.61	10.15	10.09	11.7	16.71	24.23	15.63	16.75	18.79	12.78	15.11	16.13	15.88	18.28	17.99
Diluted Market Cap	24,406	24,473	33,777	46,970	44,876	53,594	61,971	47,037	51,283	42,845	58,789	69,024	71,591	73,118	91,706
Diluted Enterprise Value	25,687	25,085	32,385	46,475	45,490	55,148	62,970	58,491	63,814	54,753	70,361	79,896	80,761	82,097	99,162
EV per Share	69.93	71	91.58	136.14	139.27	177.76	206.79	196	219.82	190.33	249.74	287.6	293.25	296.27	364.37
TTM Sales	32,677	30,992	30,930	30,852	31,781	30,561	30,973	36,193	39,350	37,925	38,469	39,407	42,272	47,716	52,550
TTM EBITDA	4,418	3,349	4,214	4,385	4,776	4,197	4,677	5,157	5,399	5,011	5,053	5,095	5,108	5,682	6,280
TTM Operating Income	3,826	2,759	3,689	3,889	4,295	3,744	4,236	4,394	4,570	4,133	4,163	4,211	4,245	4,796	5,356
TTM Cash Flow to Firm	3,344	2,471	3,182	3,900	2,678	2,236	3,960	3,455	3,372	4,272	4,633	4,907	5,042	4,439	5,452
TTM Free Cash Flow to Firm	3,344	2,471	3,182	3,900	2,678	2,236	3,960	3,455	3,372	4,272	4,633	4,907	5,042	4,439	5,452

Multiples (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	7.54	9.39	10.86	12.27	17.21	24.78	15.99	14.94	17.2	11.11	13.76	15.07	15.2	17.78	17.91
EV/EBIT	6.65	9.09	8.71	11.73	10.42	14.47	14.61	13.17	13.87	13.21	16.82	18.8	18.87	16.92	18.31
Enterprise Value	25,461	25,085	32,117	45,635	44,748	54,164	61,871	57,878	63,373	54,604	70,027	79,177	80,086	81,149	98,051
Low Price	53.95	61.09	64.47	93.85	130.91	121.61	172.43	143.87	152.44	100.55	144.5	200.65	202.35	247.36	239.2
EV/Sales	0.78	0.81	1.04	1.48	1.41	1.77	2	1.6	1.61	1.44	1.82	2.01	1.89	1.7	1.87
EV/EBITDA	5.76	7.49	7.62	10.41	9.37	12.91	13.23	11.22	11.74	10.9	13.86	15.54	15.68	14.28	15.61
Price/Earnings	9.57	- -	14.22	18.21	14.54	20.45	20.9	13.88	14.59	13.48	17.95	20.15	21.39	19.08	21.52
Price/Earnings Average	9.92	-71.68	11.83	15.73	14.92	17.32	20.18	17.58	14.61	13.61	16.16	18.72	18.79	20.69	19.09
Price/Earnings High	11.28	-79.32	14.25	19.34	16.27	21.33	22.07	20.3	16.03	17.22	18.1	20.86	21.41	22.95	23.04
Price/Earnings Low	7.78	-65.01	9.59	12.42	13.85	14.41	17.72	12.7	12.61	9.11	12.44	16.29	16.67	17.91	15.29
Price/Book Value	1.25	1.33	1.68	2.13	1.86	2.1	2.26	1.56	1.58	1.26	1.63	1.8	1.78	1.72	2.03
Price/Book Value Average	1.29	1.3	1.4	1.84	1.91	1.78	2.18	1.97	1.59	1.27	1.47	1.68	1.57	1.86	1.8
Price/Book Value High	1.47	1.44	1.69	2.27	2.09	2.19	2.39	2.28	1.74	1.6	1.64	1.87	1.79	2.07	2.18
Price/Book Value Low	1.01	1.18	1.14	1.46	1.78	1.48	1.92	1.43	1.37	0.85	1.13	1.46	1.39	1.61	1.44
Price/Tangible Book Value	-11.21	-11.99	21.97	-56.67	-30.06	-28.87	-51.54	-4.44	-6.34	-6.56	-13.18	-19.03	-75.2	-5,551.53	27.98
Price/Tangible Book Value Average	-11.61	-11.66	18.29	-48.96	-30.85	-24.46	-49.76	-5.63	-6.35	-6.62	-11.87	-17.68	-66.04	-6,019.96	24.82
Price/Tangible Book Value High	-13.21	-12.9	22.02	-60.18	-33.65	-30.12	-54.42	-6.5	-6.97	-8.38	-13.29	-19.7	-75.26	-6,676.84	29.96
Price/Tangible Book Value Low	-9.11	-10.57	14.83	-38.65	-28.65	-20.34	-43.68	-4.07	-5.48	-4.43	-9.14	-15.39	-58.6	-5,211.68	19.88
Price/Sales	0.74	0.79	1.08	1.5	1.39	1.72	1.97	1.28	1.29	1.13	1.52	1.73	1.68	1.51	1.72
Price/Sales Average	0.77	0.77	0.9	1.29	1.43	1.46	1.9	1.62	1.29	1.14	1.37	1.61	1.47	1.64	1.53
Price/Sales High	0.87	0.85	1.09	1.59	1.55	1.8	2.08	1.88	1.42	1.44	1.53	1.79	1.68	1.82	1.85
Price/Sales Low	0.6	0.7	0.73	1.02	1.32	1.21	1.67	1.17	1.12	0.76	1.05	1.4	1.31	1.42	1.22
Price/Cash Flow	7.47	9.39	10.77	12.05	16.93	24.32	15.7	14.75	17.06	11.07	13.69	14.92	15.06	17.55	17.69
Price/Cash Flow Average	7.74	9.13	8.96	10.41	17.37	20.6	15.16	18.68	17.08	11.17	12.32	13.86	13.22	19.03	15.7
Price/Cash Flow High	8.8	10.11	10.79	12.8	18.95	25.37	16.58	21.58	18.74	14.14	13.8	15.44	15.07	21.11	18.95
Price/Cash Flow Low	6.07	8.28	7.27	8.22	16.13	17.13	13.31	13.5	14.74	7.48	9.49	12.06	11.73	16.48	12.57
Price/Free Cash Flow Average	7.81	9.13	9.04	10.6	17.66	20.99	15.43	18.93	17.23	11.21	12.39	14.01	13.35	19.28	15.89
Price/Free Cash Flow High	8.88	10.11	10.88	13.03	19.27	25.84	16.88	21.86	18.9	14.18	13.88	15.61	15.21	21.39	19.18
Price/Free Cash Flow Low	6.12	8.28	7.33	8.37	16.41	17.45	13.55	13.67	14.87	7.5	9.54	12.19	11.84	16.69	12.73
EV/Sales Average	0.81	0.79	0.86	1.28	1.44	1.51	1.93	1.94	1.61	1.45	1.67	1.89	1.69	1.83	1.67
EV/Sales High	0.91	0.87	1.04	1.57	1.57	1.85	2.11	2.19	1.74	1.75	1.83	2.07	1.9	2.01	1.99
EV/Sales Low	0.64	0.72	0.69	1	1.34	1.26	1.7	1.49	1.44	1.07	1.35	1.68	1.52	1.61	1.37
EV/EBITDA Average	5.96	7.29	6.29	8.98	9.61	10.99	12.78	13.63	11.75	10.98	12.71	14.59	13.99	15.35	13.98
EV/EBITDA High	6.74	8.05	7.64	11.06	10.47	13.44	13.96	15.39	12.67	13.26	13.96	16.01	15.69	16.86	16.63
EV/EBITDA Low	4.74	6.63	5.04	7.06	8.94	9.2	11.24	10.46	10.46	8.13	10.31	12.98	12.61	13.5	11.44
EV/EBIT Average	6.88	8.85	7.18	10.12	10.69	12.32	14.11	15.99	13.88	13.31	15.42	17.65	16.83	18.19	16.4
EV/EBIT High	7.78	9.77	8.73	12.47	11.65	15.07	15.41	18.06	14.97	16.08	16.94	19.37	18.88	19.97	19.5
EV/EBIT Low	5.47	8.04	5.75	7.96	9.94	10.31	12.42	12.28	12.36	9.86	12.51	15.7	15.18	16	13.41
Last Price	66.41	69.27	95.55	137.62	137.36	172.66	203.45	157.21	176.35	148.82	208.47	248.11	259.67	263.49	336.66
High Price	78.27	74.54	95.76	146.13	153.76	180.09	214.81	230	193.76	190.08	210.21	256.86	259.88	316.9	360.5
Enterprise Value Average	26,332	24,409	26,497	39,361	45,903	46,113	59,762	70,266	63,443	55,002	64,200	74,341	71,445	87,238	87,817
Enterprise Value High	29,779	26,947	32,191	48,488	50,017	56,427	65,270	79,373	68,392	66,442	70,515	81,586	80,143	95,778	104,467
Enterprise Value Low	20,924	22,195	21,218	30,964	42,675	38,609	52,590	53,939	56,479	40,756	52,090	66,111	64,432	76,731	71,825

Shares Outstanding	356	356	353	332	313	302	297	289	290	286	278	274	274	270	270
Diluted Weighted Avg Shares	368	353	354	341	327	310	305	299	291	288	282	278	276	278	272
Basic Weighted Avg Shares	364	353	351	335	321	305	299	295	288	287	280	275	273	274	269
Revenue per Share	89.75	87.72	88.2	92.04	98.91	100.3	103.52	122.56	136.49	132.19	137.19	143.14	154.79	174.21	195.28
EBITDA per Share	12.13	9.48	12.02	13.08	14.86	13.77	15.63	17.46	18.73	17.47	18.02	18.51	18.7	20.74	23.34
Operating Income per Share	10.51	7.81	10.52	11.6	13.37	12.29	14.16	14.88	15.85	14.41	14.85	15.3	15.54	17.51	19.9
Basic EPS, GAAP	6.94	-0.94	6.72	7.56	9.45	8.44	9.73	11.33	12.08	11.04	11.62	12.31	12.14	13.81	15.64
Basic EPS from Cont Ops	7.01	-1.08	7.09	7.97	9.45	8.79	9.73	11.37	12.08	11.04	11.62	12.31	12.14	13.81	15.64
Diluted EPS, GAAP	6.87	-0.94	6.67	7.42	9.29	8.29	9.56	11.18	11.98	11	11.55	12.19	12.02	13.63	15.46
Diluted EPS from Cont Ops	6.94	-1.08	7.03	7.83	9.29	8.63	9.56	11.22	11.98	11	11.55	12.19	12.02	13.63	15.46
Dividend per Share	1.85	2.53	1.69	2.45	2.72	2.99	3.3	3.64	4	4.32	4.69	4.97	5.23	5.58	5.92
Cash Flow per Share	8.89	7.38	8.87	11.42	8.11	7.1	12.95	10.66	10.34	13.45	15.23	16.63	17.25	15.01	19.03
Free Cash Flow per Basic Share	8.89	7.38	8.87	11.42	8.11	7.1	12.95	10.66	10.34	13.45	15.23	16.63	17.25	15.01	19.03
Cash & Equivalents per Share	7.28	9.33	15.12	13.09	8.67	7.66	9.97	3.26	3.13	9.84	5.72	4.51	7	6.2	8.67
Book Value per Share	53.28	51.92	56.77	64.47	73.72	82.13	89.99	100.94	111.39	118.44	128.04	137.61	145.56	153.23	165.6
Tangible Book Value per Share	-5.92	-5.78	4.35	-2.43	-4.57	-5.98	-3.95	-35.38	-27.8	-22.69	-15.82	-13.04	-3.45	-0.05	12.03

General Dynamics Corporation

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)