General Dynamics Corporation (GD) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
General Dynamics is a defense contractor and business jet manufacturer. The firm's segments are aerospace, marine, combat systems, and technologies. General Dynamics' aerospace segment manufactures...
General Dynamics Corporation's revenue increased 10.1% year over year, from $47.72B to $52.55B.
Net income increased 11.3% over the same period, from $3.78B to $4.21B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 68% in total.
Total debt decreased by 8.5% to $8.01B.
The debt-to-equity ratio stands at 0.31, indicating a moderate leverage profile.
Operating cash flow grew 24.5% to $5.12B.
General Dynamics Corporation maintains a moderate net profit margin of 8.0%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $11.67B-2.5% | $930.0M | $1.82B | $1.18B | $1.42B | $57.31B | $9.27B | $22.97B |
| Q4 FY2024 | $13.34B+14.3% | $1.15B | $2.08B | $1.42B | $2.16B | $55.88B | $8.76B | $22.06B |
| Q1 FY2025 | $12.22B-8.4% | $994.0M | $1.89B | $1.27B | $-148.0M | $56.58B | $9.61B | $22.23B |
| Q2 FY2025 | $13.04B+6.7% | $1.01B | $1.95B | $1.30B | $1.60B | $56.89B | $8.71B | $23.58B |
| Q3 FY2025 | $12.91B-1.0% | $1.06B | $1.97B | $1.33B | $2.11B | $57.60B | $8.01B | $24.43B |
| Q4 FY2025 | $14.38B+11.4% | $1.14B | $2.14B | $1.45B | $1.56B | $57.25B | $8.01B | $25.62B |
| Q1 FY2026 | $13.48B-6.2% | $1.13B | $2.14B | $1.42B | $2.15B | N/A | N/A | N/A |
| Q2 FY2026 | $14.09B+4.5% | $1.16B | $2.18B | $1.46B | $1.88B | N/A | N/A | N/A |
Balance Sheet Summary (FY2025)
General Dynamics Corporation (GD) Financial Statements & Revenue History
General Dynamics Corporation (GD) is a US-listed stock operating in the Industrials sector, specifically the Ship & Boat Building & Repairing industry trading at $344.74 with a market capitalization of $93. This page provides 42 historical financial statements for General Dynamics Corporation, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, General Dynamics Corporation reported revenue of $52.5 billion, representing 10.1% year-over-year growth. The net profit margin of 8.0% indicates moderate profitability. The debt-to-equity ratio of 0.31 shows conservative leverage.
GD Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows General Dynamics Corporation's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether GD is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track GD's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently General Dynamics Corporation converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of GD's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use GD Financial Data
Investors use General Dynamics Corporation's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare GD's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how GD's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View GD's financial health score, earnings, and pre-market pricing.
Financial data is sourced from General Dynamics Corporation's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.GD trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.