General Dynamics Corporation

General Dynamics Corporation

GDX.F
General Dynamics Corporationundefined flagFrankfurt Stock Exchange
315.90
EUR
+4.10
- -
85.47BMarket Cap
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
TTM
Revenue per Share
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
203.28
Basic EPS, GAAP
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
16.63
Free Cash Flow per Basic Share
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
28.55
Dividend per Share
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
6.08
Book Value per Share
41.03
35.61
34.31
34.06
38.52
40.64
48.26
54.67
63.54
67.66
77.85
81.61
94.76
99.2
Tangible Book Value per Share
4.32
-2.45
-4.69
-6.02
-3.98
-36.19
-27.67
-22.72
-15.98
-13.08
-3.45
-0.05
11.98
17.08
Basic Weighted Avg Shares
351
335
321
305
299
295
288
287
280
275
273
274
269
270
Sales/Revenue/Turnover
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
54,861
Operating Margin (%)
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
10.32
Depreciation Expense
525
496
481
453
441
763
829
878
890
884
863
886
924
941
Net Income, GAAP
2,357
2,533
3,036
2,572
2,912
3,345
3,484
3,167
3,257
3,390
3,315
3,782
4,210
4,487
Effective Tax Rate (%)
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
17.62
Profit Margin (%)
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
8.18
Working Capital
5,903
3,656
2,126
3,084
5,229
3,450
3,487
5,579
6,009
5,722
7,183
6,562
7,452
8,273
LT Debt
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
7,893
Total Equity
14,501
11,829
10,738
10,301
11,435
11,732
13,978
15,661
17,641
18,568
21,299
22,063
25,622
26,826
Return on Invested Capital (%)
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
13.23
Return on Capital (%)
14.41
15.27
20.81
18.67
20.24
18.46
15.03
12.39
11.83
12.09
11.57
12.62
13.33
13.53
Return on Common Equity (%)
18.21
19.24
26.91
24.45
26.79
28.88
27.1
21.37
19.56
18.72
16.63
17.44
17.66
17.8

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,305
2,062
1,586
LT Borrowings
7,007
6,259
6,260
LT Finance Leases
1,477
1,511
1,633
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
270
270
270
Market Capitalization
91,516
93,090
94,232

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
24,248
26,055
27,038
Cash, Cash Equivalents & STI
2,333
3,654
4,333
Accounts Receivable, Net
2,406
2,254
2,398
Inventories
9,232
9,177
9,097
Total Current Liabilities
16,796
18,825
18,765
Payables & Accruals
4,210
4,341
4,479
ST Debt
1,305
2,062
1,586
Deferred Revenue
9,824
10,847
11,034

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.3%
10.46%
16.13%
Free Cash Flow
10.01%
6.52%
24.51%
Net Income, GAAP
3.8%
6.02%
11.32%
Sales/Revenue/Turnover
5.36%
6.83%
10.13%
Total Cash Common Dividend
6.21%
5.15%
4.19%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10,731
11,976
11,671
13,338
47,716
2025
12,223
13,041
12,907
14,379
52,550
2026
13,481
14,094
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.92
3.3
3.39
4.2
13.81
2025
3.7
3.78
3.93
4.23
15.64
2026
4.16
4.29
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.32
1.42
1.42
1.42
5.58
2025
1.42
1.5
1.5
1.5
5.92
2026
1.5
1.59
- -
- -
- -

Company Description

CEO
Phebe N. Novakovic
Full Time Employees
117,000
Sector
Industrials
Industry
Aerospace & Defense
Address
11011 Sunset Hills Road Reston VA United States of America 20190
IPO Date
Aug 24, 2000
Website
gd.com
Business
General Dynamics Corporation is a global aerospace and defense company that designs, develops, manufactures, and provides mission-critical products and services for government and commercial customers. Core activities span aircraft, land and amphibious combat systems, shipbuilding, and information technology and mission systems integration; cyber, intelligence, and security solutions; naval systems; and aircraft maintenance, repair, and overhaul services. Prime product and service offerings include high-technology military aircraft and platforms, surface and submarine combatant ships, naval ship systems, munitions and ordnance, precision weapons, responsive and integrated logistics, training and simulation, enterprise IT and cyber solutions, geospatial intelligence, and other mission-critical systems integration. Latest major changes include strategic alliances and contract wins with government agencies across the United States and allied nations, ongoing modernization and recapitalization programs for defense platforms, acquisitions and divestitures to streamline portfolios and expand capabilities, major product program launches in cyber and intelligence domains, and organizational restructuring to enhance cross-domain integration and global manufacturing footprints. The company announces periodic reorganizations to optimize operations, expand international presence, and accelerate research and development in advanced defense technologies. Industry and business segments: aerospace and defense; naval systems; combat systems; cyber and intelligence solutions; logistics and maintenance; information technology and mission systems; advanced manufacturing and engineering. Target markets include national defense and security agencies, international militaries, and allied government customers, with a geographic footprint spanning North America, Europe, the Middle East, and Asia-Pacific regions. Founding year and headquarters: founded in 1962; head office located in Reston, Virginia (corporate headquarters) with significant U.S. and international manufacturing, engineering, and service facilities. Subsidiaries and parent relationships: operates through multiple subsidiaries and business units under General Dynamics Corporation, with divisions focused on aerospace (aircraft and defense platforms), combat systems, information technology, and shipbuilding.