# General Dynamics Corporation (GD)

**Exchange:** NYSE  
**Sector:** Industrials  
**Market cap:** $92.92B  
**Price:** $341.07 (-1.33%)

> General Dynamics Corporation is a global aerospace and defense company that designs, engineers, and manufactures advanced products and systems for military and commercial applications. It operates through four primary segments: Aerospace, Marine Systems, Combat Systems, and Technologies. The Aerospace segment produces Gulfstream business jets and provides comprehensive global aircraft servicing and maintenance operations. Marine Systems focuses on building and servicing nuclear-powered submarines, destroyers, and other Navy support vessels. Combat Systems manufactures land-based combat vehicles, including the M1 Abrams tank and Stryker armored personnel carriers, along with munitions and related equipment. The Technologies segment includes IT solutions tailored for government clients and mission systems offering electronics for command, control, computing, intelligence, surveillance, and reconnaissance capabilities to the military. Founded in 1952 and headquartered in Reston, Virginia, General Dynamics Corporation plays a vital role in supporting national defense and high-end business aviation markets worldwide.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $52.55B | — | $5.36B | $4.21B | $15.45 |
| 2024 | $47.72B | — | $4.80B | $3.78B | $13.63 |
| 2023 | $42.27B | — | $4.25B | $3.31B | $12.02 |
| 2022 | $39.41B | — | $4.21B | $3.39B | $12.19 |
| 2021 | $38.47B | — | $4.16B | $3.26B | $11.55 |
| 2020 | $37.92B | — | $4.13B | $3.17B | $11.00 |
| 2019 | $39.35B | $7.06B | $4.57B | $3.48B | $11.98 |
| 2018 | $36.19B | $6.71B | $4.39B | $3.35B | $11.18 |
| 2017 | $30.97B | $6.24B | $4.24B | $2.91B | $9.56 |
| 2016 | $30.56B | $5.67B | $3.74B | $2.57B | $8.29 |
| 2015 | $31.78B | $15.79B | $4.29B | $3.04B | $9.29 |
| 2014 | $30.85B | $15.52B | $3.89B | $2.53B | $7.42 |
| 2013 | $30.93B | $5.48B | $3.69B | $2.36B | $6.67 |
| 2012 | $30.99B | $2.59B | $765M | -$332M | $-0.94 |
| 2011 | $32.68B | $5.86B | $3.83B | $2.53B | $6.87 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $57.25B | $31.63B | $25.62B | $2.33B | $8.07B |
| 2024 | $55.88B | $33.82B | $22.06B | $1.70B | $8.83B |
| 2023 | $54.81B | $33.51B | $21.30B | $1.91B | $9.34B |
| 2022 | $51.59B | $33.02B | $18.57B | $1.24B | $10.59B |
| 2021 | $50.07B | $32.43B | $17.64B | $1.60B | $11.61B |
| 2020 | $51.31B | $35.65B | $15.66B | $2.82B | $13.12B |
| 2019 | $49.35B | $35.37B | $13.98B | $902M | $12.01B |
| 2018 | $45.89B | $33.78B | $12.11B | $963M | $12.52B |
| 2017 | $35.05B | $23.25B | $11.80B | $2.98B | $4.03B |
| 2016 | $33.17B | $22.87B | $10.30B | $2.33B | $3.89B |
| 2015 | $32.54B | $22.10B | $10.44B | $2.79B | $3.40B |
| 2014 | $35.34B | $23.51B | $11.83B | $4.39B | $3.91B |
| 2013 | $35.47B | $20.97B | $14.50B | $5.30B | $3.91B |
| 2012 | $34.31B | $22.92B | $11.39B | $3.30B | $3.91B |
| 2011 | $34.88B | $21.65B | $13.23B | $2.65B | $3.91B |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $5.12B | $1.16B | $3.96B |
| 2024 | $4.11B | $916M | $3.20B |
| 2023 | $4.71B | $904M | $3.81B |
| 2022 | $4.58B | $1.11B | $3.46B |
| 2021 | $4.27B | $887M | $3.38B |
| 2020 | $3.86B | $967M | $2.89B |
| 2019 | $2.98B | $987M | $1.99B |
| 2018 | $3.15B | $690M | $2.46B |
| 2017 | $3.88B | $428M | $3.45B |
| 2015 | $2.50B | $569M | $1.93B |
| 2014 | $3.73B | $521M | $3.21B |
| 2013 | $3.11B | $436M | $2.67B |
| 2012 | $2.61B | $436M | $2.17B |
| 2011 | $3.24B | $458M | $2.78B |
| 2010 | $2.99B | $370M | $2.62B |

Source: [CompaniesByCap](https://companiesbycap.com/company/GD)