Stocks · Industrials · Aerospace & Defense
General Dynamics Corporation GD
$330.09 -0.79% Close, Oct 2, 2026 · NYSE · Market cap $89.31B
Inexpensive vs sectorLow risk
Next earnings report: Oct 28, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Earnings beat analyst estimates in each of the last 7 quarters (average surprise over the last four: +6.3%).
- Revenue over the last four quarters was $54.86B, up 9.1% from a year earlier.
- Diluted EPS over the last four quarters was $16.41, up 10.1% year over year.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth63Neutral
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 45%
- EPS growth (TTM, YoY)Top 50%
- FCF growth (TTM, YoY)Top 23%
- Revenue growth, 3-year CAGRTop 29%
- Revenue growth accelerationBottom 30%
Quality77Positive
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 23%
- Gross marginBottom 19%
- Operating marginTop 37%
- Cash conversion (OCF / net income)Top 40%
- Accruals (lower is better)Top 39%
- Net debt / EBITDA (lower is better)Top 31%
- Interest coverTop 11%
Value80Strong
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 20%
- Free-cash-flow yieldTop 19%
- EBITDA / enterprise valueTop 42%
- Sales / enterprise valueTop 41%
- P/E vs own 5-year history (lower is better)Top 36%
Momentum45Neutral
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 48%
- 6-month returnBottom 39%
- 1-year return vs S&P 500Bottom 40%
- Distance from 52-week highTop 32%
- Trend checklist (0–4)Bottom 40%
Revisions67Positive
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 47%
- Consecutive EPS beatsTop 17%
- Share of analysts rating BuyBottom 48%
- Upside to consensus price targetBottom 44%
Stability98Exceptional
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 1%
- Maximum drawdown, 3 yearsTop 4%
- Beta vs S&P 500 (lower is better)Top 13%
- Net debt / EBITDA (lower is better)Top 31%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 9.3% | 9.1% | ↓ |
| EPS growth (YoY) | 10.3% | 10.1% | ↓ |
| Gross margin | 15.4% | 15.4% | ↓ |
| Operating margin | 10.3% | 10.3% | ↑ |
| FCF margin | 8.2% | 11.8% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 9.1% | 9.3% | ↓ | Top 45% |
| EPS growth (TTM, YoY) | 10.1% | 10.3% | ↓ | Top 50% |
| Gross margin | 15.4% | 15.4% | ↓ | Bottom 19% |
| Operating margin | 10.3% | 10.3% | ↑ | Top 37% |
| Net margin | 8.2% | 8.1% | ↑ | — |
| Free-cash-flow margin | 11.8% | 8.2% | ↑ | — |
| Return on invested capital | 10.9% | — | Top 23% | |
| Revenue growth, 3-year CAGR | 10.1% | — | Top 29% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.72×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -5.3%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.4%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -12.2 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 0.80×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 22.2×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 1.84%
- Net buyback yield (TTM)
- 1.07%
- Shareholder yield
- 2.91%
- Share count change, 1 year
- +1.1%
- Share count change, 3-year CAGR
- -0.2%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jul 5, 2026 (filed Jul 29, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 7
- Beats in the last 8 reports
- 7 of 8
- Average EPS surprise, last 4
- +6.3%
- Average 2-day reaction, last 8
- +0.4%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $420.57
- Target vs current price
- +27.4%
- Analysts with a rating
- 35
- Share rating Buy or Strong Buy
- 57%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 29, 2026 | +7.1% | -3.1% | -1.9% | -4.2% | — |
| Apr 29, 2026 | +11.7% | +8.0% | +11.3% | +9.2% | +23.3% |
| Jan 28, 2026 | +1.5% | -2.7% | -3.1% | -6.4% | -13.1% |
| Oct 24, 2025 | +4.9% | +2.7% | +0.9% | -0.6% | +6.8% |
| Jul 23, 2025 | +5.4% | +6.5% | +5.7% | +6.3% | +11.6% |
| Apr 23, 2025 | +4.9% | -3.3% | -1.0% | +2.5% | +8.8% |
| Jan 29, 2025 | +2.0% | -4.2% | -2.0% | -5.1% | +3.5% |
| Oct 23, 2024 | -3.7% | -0.5% | -1.4% | -8.2% | -11.2% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 29, 2026 | $4.24 | $3.96 | +7.1% | $14.09B |
| Apr 29, 2026 | $4.10 | $3.67 | +11.7% | $13.48B |
| Jan 28, 2026 | $4.17 | $4.11 | +1.5% | $14.38B |
| Oct 24, 2025 | $3.88 | $3.70 | +4.9% | $12.91B |
| Jul 23, 2025 | $3.74 | $3.55 | +5.4% | $13.04B |
| Apr 23, 2025 | $3.66 | $3.49 | +4.9% | $12.22B |
| Jan 29, 2025 | $4.15 | $4.07 | +2.0% | $13.34B |
| Oct 23, 2024 | $3.35 | $3.48 | -3.7% | $11.67B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 20.1× | 20.5× | 43th | Top 20% |
| P/E (forward) | 19.4× | — | — | — |
| EV / EBITDA | 14.6× | — | — | Top 42% |
| EV / Sales | 1.72× | — | — | Top 41% |
| Free-cash-flow yield | 7.22% | — | — | Top 19% |
| Earnings yield | 4.97% | — | — | Top 20% |
P/E over the past five years
Range 17.0× – 23.2× since Jul 4, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -3.1%
- Earnings per share growth (TTM)
- +10.1%
- Change in P/E multiple
- +9.2%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -2.2%
- 200-day average slope (20 days)
- +0.2%
- Distance from 50-day average
- -10.7%
- Distance from 200-day average
- -7.1%
- RSI (14)
- 21.0
- Relative volume
- 1.09×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 17.2%
- Volatility vs own 5-year history
- 34th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.58
- Correlation with S&P 500
- 0.37
- Current drawdown from 1-year high
- -16.6%
- Maximum drawdown, 3 years
- -23.0%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Nov 13, 2024 | Feb 14, 2025 | -23.0% | 62 days | 108 days (Jul 23, 2025) |
| Dec 2, 2022 | May 31, 2023 | -20.2% | 122 days | 136 days (Dec 13, 2023) |
| Aug 10, 2026 | Oct 2, 2026 | -16.6% | 38 days | Not yet recovered |
| Apr 20, 2022 | Jun 17, 2022 | -15.3% | 41 days | 91 days (Oct 27, 2022) |
| Jan 15, 2026 | Apr 27, 2026 | -15.2% | 69 days | 46 days (Jul 2, 2026) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $89.31B
- P/E (TTM)
- 20.1
- EPS, diluted (TTM)
- $16.41
- Revenue (TTM)
- $54.86B
- Dividend yield
- 2.35%
- 52-week range
- $306.77 – $400.00
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $38.47B | $39.41B | $42.27B | $47.72B | $52.55B |
| Gross profit | $6.41B | $6.62B | $6.67B | $7.36B | $7.95B |
| Operating income | $4.16B | $4.21B | $4.25B | $4.80B | $5.36B |
| Net income | $3.26B | $3.39B | $3.31B | $3.78B | $4.21B |
| EPS (diluted) | $11.55 | $12.19 | $12.02 | $13.63 | $15.46 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $11.67B | $13.34B | $12.22B | $13.04B | $12.91B | $14.38B | $13.48B | $14.09B |
| Net income | $930.0M | $1.15B | $994.0M | $1.01B | $1.06B | $1.14B | $1.13B | $1.16B |
| EPS (diluted) | $3.35 | $4.15 | $3.66 | $3.74 | $3.89 | $4.17 | $4.10 | $4.25 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $4.27B | $4.58B | $4.71B | $4.11B | $5.12B |
| Capital expenditure | -$887.0M | -$1.11B | -$904.0M | -$916.0M | -$1.16B |
| Free cash flow | $3.38B | $3.46B | $3.81B | $3.20B | $3.96B |
| Dividends paid | -$1.31B | -$1.37B | -$1.43B | -$1.53B | -$1.59B |
| Net share buybacks | -$1.83B | -$1.23B | -$434.0M | -$1.50B | -$637.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $4.33B
- Total assets
- $60.16B
- Total liabilities
- $33.34B
- Total debt
- $9.48B
- Net debt
- $5.15B
- Shareholders’ equity
- $26.83B
As of Jul 5, 2026 (filed Jul 29, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Oct 9, 2026 | $1.59 | Nov 13, 2026 |
| Jul 2, 2026 | $1.59 | Aug 7, 2026 |
| Apr 10, 2026 | $1.59 | May 8, 2026 |
| Jan 16, 2026 | $1.50 | Feb 6, 2026 |
| Oct 10, 2025 | $1.50 | Nov 14, 2025 |
| Jul 3, 2025 | $1.50 | Aug 8, 2025 |
| Apr 11, 2025 | $1.50 | May 9, 2025 |
| Jan 17, 2025 | $1.42 | Feb 7, 2025 |
Short interest
- Shares sold short
- 2,691,224
- Days to cover
- 2.29
- Change vs previous report
- -2.4%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Mar 27, 2006
- 2-for-1
- Apr 3, 1998
- 2-for-1
- Apr 11, 1994
- 2-for-1
- Jun 15, 1993
- 1,517-for-1,250
- Mar 30, 1993
- 5,787-for-5,000