Analyze Portfolio
NYSE · Industrials

GENERAL DYNAMICS CORP (GD)

As-reported financials and recent SEC filings for GENERAL DYNAMICS CORP, latest fiscal period FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About GENERAL DYNAMICS CORP

General Dynamics is a global aerospace and defense company that designs, engineers, and manufactures products in business aviation, ship construction and repair, land combat vehicles, weapon systems, munitions, and technology services. Its Aerospace segment produces business jets through Gulfstream and Jet Aviation, offering aircraft manufacturing, repair, and customer support worldwide. The Marine Systems segment designs and builds nuclear-powered submarines and surface combatant ships for the U.S. Navy, providing maintenance and modernization services.

Snapshot

Revenue
$52.55B
Revenue growth (YoY)
10.1%
Net income
$4.21B
Diluted EPS
$15.45
Gross margin
Operating margin
10.2%
Net margin
8.0%
FCF margin
7.5%
ROE
16.4%
P/E (TTM)
24.5×
Market cap
$105.24B
Debt / equity
0.3×

Fundamentals are from SEC filings. P/E and market cap are derived from recent market prices, refreshed on a rolling basis (typically within the past week).

What changed at General Dynamics

  • Revenue grew 10.1% to $52.5B in FY2025, slower than the 12.9% the year before.
  • Operating margin is 10.2% in FY2025, -0.6 pp against 10.8% in FY2021.
  • Most recent quarter Q1 FY2026: revenue $13.5B, up 10.3% from Q1 FY2025.
  • Free cash flow was $4.0B in FY2025, 7.5% of revenue.
  • Net income rose 11.3% to $4.2B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where General Dynamics’s fundamentals sit among the 684 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin10.2%
67th percentile of 606
Net margin8.0%
70th percentile of 646
FCF margin7.5%
62nd percentile of 561
Revenue growth (YoY)+10.1%
68th percentile of 669
ROE16.4%
76th percentile of 601
P/E (TTM)24.5×
49th percentile of 435
Debt / equity0.27×
33rd percentile of 406
Short interest2.62d
31st percentile of 676

No open-market insider buys in the last 90 days; 6 insider sales totaling $27.0M. For context, about 16% of companies in the universe saw any open-market insider buying in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 3 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F (latest Q1 2026).

Conviction investors
3
+7 quant / multi-strat
Initiated / added
7
1 new, 6 added
Reduced / exited
3
2 trimmed, 1 exited
Combined position
$1.76B
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ1 2026$763.5M2.2MAdded
D. E. ShawquantQ1 2026$313.4M913.1KAdded
Millennium ManagementquantQ1 2026$164.4M479.0KAdded
Citadel AdvisorsquantQ1 2026$139.4M406.3KAdded
Markel GroupQ1 2026$134.2M391.0KHeld
Two Sigma InvestmentsquantQ1 2026$122.7M357.4KAdded
Point72 Asset ManagementquantQ1 2026$63.4M184.8KAdded
Gotham Asset ManagementQ1 2026$48.1M140.0KReduced
Renaissance TechnologiesquantQ1 2026$10.4M30.2KNew
First Eagle Investment ManagementQ1 2026$33,29297Reduced

No longer held by: Bridgewater Associates (as of Q1 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
open-market
Bought (90d)
open-market value
Sells (90d)
6
$27.0M
Signal
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-06-17
filed 2026-06-22
Malcolm MarkDirectorSell3.2K$365.00$1.2M
2026-06-17
filed 2026-06-22
Malcolm MarkDirectorSell2.3K$365.00$829K
2026-05-12
filed 2026-05-13
Burns Mark LagrandExecutive Vice PresidentSell33.9K$345.24$11.7M
2026-05-12
filed 2026-05-13
Burns Mark LagrandExecutive Vice PresidentSell2.6K$345.93$887K
2026-05-11
filed 2026-05-13
Burns Mark LagrandExecutive Vice PresidentSell28.6K$343.66$9.8M
2026-05-11
filed 2026-05-13
Burns Mark LagrandExecutive Vice PresidentSell7.6K$342.83$2.6M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
2.9M
settled 2026-07-15
Change vs prior
-8.0%
vs previous settlement
Days to cover
2.62
at avg daily volume
Avg daily volume
1.1M
FINRA reported
SettlementShares shortChangeDays to cover
2026-07-152.9M-8.0%2.62
2026-06-303.1M+2.8%1.87
2026-06-153.1M+16.8%2.66
2026-05-292.6M-6.1%2.88
2026-05-152.8M+0.4%2.07
2026-04-302.8M+3.7%1.59
2026-04-152.7M+6.3%2.18
2026-03-312.5M+15.2%1.70

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$52.55B$47.72B$42.27B$39.41B$38.47B
Gross profit
Operating income$5.36B$4.80B$4.25B$4.21B$4.16B
Net income$4.21B$3.78B$3.31B$3.39B$3.26B
Diluted EPS$15.45$13.63$12.02$12.19$11.55

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$2.33B$1.70B$1.91B$1.24B$1.60B
Current assets$24.25B$24.39B$23.61B$21.06B$19.99B
Total assets$57.25B$55.88B$54.81B$51.59B$50.07B
Current liabilities$16.80B$17.82B$16.43B$15.34B$13.98B
Long-term debt$7.01B$7.26B$8.75B$9.24B$10.49B
Total liabilities$31.63B$33.82B$33.51B$33.02B$32.43B
Total equity$25.62B$22.06B$21.30B$18.57B$17.64B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$5.12B$4.11B$4.71B$4.58B$4.27B
Capital expenditure$1.16B$916.0M$904.0M$1.11B$887.0M
Free cash flow$3.96B$3.20B$3.81B$3.46B$3.38B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2026$13.48B10.3%$1.13B
Q4 FY2025$14.38B7.8%$1.14B$4.17
Q3 FY2025$12.91B10.6%$1.06B
Q2 FY2025$13.04B8.9%$1.01B
Q1 FY2025$12.22B13.9%$994.0M
Q4 FY2024$13.34B14.3%$1.15B$4.14
Q3 FY2024$11.67B10.4%$930.0M
Q2 FY2024$11.98B18.0%$905.0M

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorIndustrials
SIC industryShip & Boat Building & Repairing
Fiscal year endDecember 31
Latest fiscal periodFY2025
SEC filings since2019
SEC CIK40533

Recent SEC filings

10-K2026-01-30
View on EDGAR →
10-K2025-02-07
View on EDGAR →
10-Q2026-04-29
View on EDGAR →
10-Q2025-10-24
View on EDGAR →
10-Q2025-07-23
View on EDGAR →
10-Q2025-04-23
View on EDGAR →
8-K2026-05-11
View on EDGAR →
8-K2026-04-29
View on EDGAR →

Largest Industrials peers

All Industrials companies →

GD head to head

Monitor GD

Get an alert when General Dynamics files something material, see which superinvestors own it, and ask its filings a question with cited answers.

Monitor GD free

Includes one free filing-grounded research answer. Or check your whole portfolio, no account needed.

Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.