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General Dynamics GD

US equityMarket cap rank #174Aerospace & DefenseRobotics
$340.90
−$2.43 (-0.71%)
Market open · Sep 24, 1:10 pm ET
After hours $344.00 +0.20%
Open$343.14
Prev close$343.33
Day range$340.45 – $344.74
Volume467.3K
Market cap$92.23B
P/E (TTM)20.8
Dividend yield1.81%

Earnings

Average move on report day±3.3%last 16 reports
Closed higher6 of 1638% of the time
Best reaction+8.0%
Worst reaction-4.2%

Stock move on the day after each report

+2.2%2023/Q2+4.7%2023/Q4-4.0%2024/Q1-3.3%2024/Q2-0.5%2024/Q3-4.2%2024/Q4-3.3%2025/Q1+6.5%2025/Q2+2.7%2025/Q3-2.7%2025/Q4+8.0%2026/Q1-3.1%2026/Q2
QuarterReport dateTimingImplied moveActual moveVersus implied
2026/Q229 Jul 2026Pre Market±18.5%-3.11%Within range
2026/Q129 Apr 2026Pre Market±12.6%+7.99%Within range
2025/Q428 Jan 2026Pre Market±13.1%-2.71%Within range
2025/Q324 Oct 2025Pre Market±11.6%+2.71%Within range
2025/Q223 Jul 2025Pre Market±10.7%+6.50%Within range
2025/Q123 Apr 2025Pre Market±11.6%-3.30%Within range
2024/Q429 Jan 2025Pre Market±9.3%-4.24%Within range
2024/Q323 Oct 2024Pre Market±11.4%-0.52%Within range
2024/Q224 Jul 2024Pre Market±10.2%-3.32%Within range
2024/Q124 Apr 2024Pre Market±8.9%-3.97%Within range
2023/Q424 Jan 2024Pre Market±6.8%+4.74%Within range
2023/Q226 Jul 2023Pre Market±6.9%+2.19%Within range
2023/Q126 Apr 2023Pre Market±6.1%-3.55%Within range
2022/Q425 Jan 2023Pre Market±7.2%-3.64%Within range
2022/Q326 Oct 2022Pre Market±8.2%-0.02%Within range
2022/Q227 Jul 2022Pre Market±7.2%+1.02%Within range

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Marine Systems$4.66B 33.1%
  • Technologies$3.62B 25.7%
  • Aerospace$3.53B 25.0%
  • Combat Systems$2.29B 16.2%

Latest reported quarter: Q2, ended Jul 2026

Revenue$14.09B+8.1% YoY
Operating profit$1.46B+11.9% YoY
Net profit$1.16B+14.4% YoY
Diluted EPS$4.24+13.4% YoY
Free cash flow$1.65B+17.6% YoY
Operating cash flow$1.88B

Revenue, last 8 quarters

$11.7BSep '24$13.3BDec '24$12.2BMar '25$13.0BJun '25$12.9BSep '25$14.4BDec '25$13.5BApr '26$14.1BJul '26

Net profit, last 8 quarters

$930.0MSep '24$1.1BDec '24$994.0MMar '25$1.0BJun '25$1.1BSep '25$1.1BDec '25$1.1BApr '26$1.2BJul '26

Profitability & balance sheet

Gross margin15.4%
Operating margin10.3%
Net margin8.2%
Return on equity17.8%
Return on assets7.7%
Return on invested capital13.5%
Current ratio1.44
Liabilities / assets55.4%
Cash & investments$4.33B
Total debt$9.15B
Net cash (debt)-$4.82B
Free cash flow / sales11.8%
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