Fundamental analysis · SEC EDGAR · TTM through 05/04/2026

Fundamental analysis of General Dynamics Corp

GD · NYSE · Industrial

Fundamental quality

REASONABLE

72

out of 100

General Dynamics Corp earns a fundamental-quality score of 72 out of 100, profiling it as a company of reasonable quality. Its score rests mainly on its financial strength (net debt 0.69× EBITDA). Its weakest area is its growth (revenue +6.9%/yr). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

General Dynamics is one of the big U.S. defense contractors —nuclear submarines, Abrams tanks, combat systems— and also owns Gulfstream, the maker of luxury private jets.

What will shape its future

  • Defense budgets (submarines above all: decades of orders already signed).
  • Gulfstream's private-jet market, tied to corporate and personal wealth.
  • Industrial execution: delivering submarines and jets on time is harder than it looks.

Breakdown by area

I.Growth
51

EPS growth: 7% · Revenue growth: 6.9%

II.Profitability
67

Net margin: 8.1% · ROE: 16.6% · ROIC: 14.9%

III.Financial health
85

Net debt/EBITDA: 0.69x · FCF: 11.5%

Source: SEC EDGAR · TTM through 05/04/2026

The score includes +4 for dividend strength: 35 consecutive years of increases. Keeping that streak demands growing cash generation and balance-sheet discipline.

The score combines growth, profitability and financial strength. Here its financial strength weighs in its favor, while its growth drags it down the most.

Versus its sector

Percentile against the other 69 Industrial companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 42%
ROEbeats 48%
Growthbeats 41%
Cash generationbeats 53%
Less debtbeats 80%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

General Dynamics Corp strengths

  • Revenue rising without interruption since 2020.
  • It has cut its net debt over the period.
  • Positive free cash flow year after year, a self-funding business.
  • Solid net margin (8.1%): the business is clearly profitable.

General Dynamics Corp risks and weaknesses

  • No clear weaknesses in the recent fundamentals, though the system doesn't assess qualitative factors (competition, regulation, management).

General Dynamics Corp historical evolution

YearRevenueNet incomeFree cash flowNet debt
202037,9253,1672,89110,293
202138,4693,2573,38410,003
202239,4073,3903,4659,348
202342,2723,3153,8067,427
202447,7163,7823,1967,129
202552,5504,2103,9595,741

Between 2020 and 2025, revenue went from $37,925M to $52,550M (+39%) and net income went from $3,167M to $4,210M (+33%). It has also reduced its net debt over the period.

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Latest results

Versus the same period a year earlier

Figures for the quarter ended April 5, 2026, versus the quarter ended March 30, 2025 (SEC filings):

  • Revenue+10.3%
  • Net income+13.2%

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

$5.85

per share, yearly

37.8% of earnings

Payout

35 straight years raising it

Growth

The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →

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Is General Dynamics Corp cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

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Frequently asked questions

Is General Dynamics Corp a good company to invest in?

In terms of business quality, General Dynamics Corp scores 72 out of 100 in our analysis, placing it as a company of reasonable quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is General Dynamics Corp a profitable company?

General Dynamics Corp is profitable, with a net margin of 8.1%, though a thin one.

Does General Dynamics Corp have a lot of debt?

Not particularly. Its net debt is 0.69 times its EBITDA, a low level.

Is General Dynamics Corp growing?

Its revenue has grown 6.9% annualized in recent years and its earnings per share 7%, and without interruption since 2020.

Does General Dynamics Corp generate cash?

Yes. It converts about 11.5% of its revenue into free cash flow, and has done so positively year after year.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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