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GD · NYSE · United States · Ship & Boat Building & Repairing
In shortGENERAL DYNAMICS CORP is profitable, generates cash and carries moderate debt, with revenue growing (+10.1% last year).
Financial health
Strong
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 10.2% | 51/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 8.0% | 52/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 17.7% | 88/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 13.1% | 88/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.44× | 54/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.31× | 94/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 0.90× | 88/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 4.84 | 96/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 7.5% | 50/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 0.94× | 80/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 4.9% | 93/100 |
| Operating margin volatility | 0.4% | 100/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 10.1% | 73/100 |
|---|---|---|
| EPS growth, 3-year average | 8.2% | 66/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 38,469 | 39,407 | 42,272 | 47,716 | 52,550 |
| Operating income | 4,163 | 4,211 | 4,245 | 4,796 | 5,356 |
| Interest expense | 431 | 391 | 399 | – | – |
| Pre-tax income | 3,873 | 4,036 | 3,984 | 4,540 | 5,103 |
| Income tax | 616 | 646 | 669 | 758 | 893 |
| Net income | 3,257 | 3,390 | 3,315 | 3,782 | 4,210 |
| Diluted EPS | $11.55 | $12.19 | $12.02 | $13.63 | $15.45 |
| Diluted shares (millions) | 282 | 278 | 276 | 277 | 272 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
4.84 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
8/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jul 5, 2026 · Data updated Apr 29, 2026