Revenue segments as reported by the company.

Aerospace

Marine Systems

Combat Systems

Technologies

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Operating costs and expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

General Dynamics

General Dynamics Corp. is a global aerospace and defense company, which engages in design, engineering, and manufacturing to deliver state-of-the-art solutions. It offers a broad portfolio of products and services in business aviation, ship construction and repair, land combat vehicles, weapons systems and munitions, and technology products and services. It operates through the following segments: Aerospace, Marine Systems, Combat Systems, and Technologies. The Aerospace segment designs, manufactures, and sells business jets, and offers aircraft maintenance and repair, management, charter, aircraft-on-ground support and completion, staffing, and fixed-base operator services. The Marine Systems segment designs and builds nuclear-powered submarines, surface combatants, and auxiliary ships for the United States Navy and Jones Act ships for commercial customers, as well as builds crude oil and product tankers, and container and cargo ships. The Combat Systems segment manufactures land combat solutions, such as wheeled and tracked combat vehicles, Stryker wheeled combat vehicles, piranha vehicles, weapons systems, munitions, mobile bridge systems with payloads, tactical vehicles, main battle tanks, armored vehicles, and armaments. The Technologies segment provides information technology solutions and mission support services, mobile communication, computers, and command-and-control mission systems, and intelligence, surveillance, and reconnaissance solutions to military, intelligence, and federal civilian customers. The company was founded on February 21, 1952, and is headquartered in Reston, VA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

General Dynamics reports strong Q4 earnings and optimistic 2023 forecast

General Dynamics delivered strong financial performance in Q4 2022, with revenue growth, record backlog, and solid segment results, positioning the company for continued success.
While facing challenges such as margin pressures in certain segments, the company is actively addressing them and leveraging opportunities in international markets and product certifications for future growth.
With a well-balanced portfolio and optimistic 2023 forecast, General Dynamics remains a robust player in the defense industry, poised for sustained performance and strategic expansion.
Investors can be confident in General Dynamics' ability to navigate challenges, capitalize on opportunities, and drive growth, supported by a strong operational foundation and market positioning.

General Dynamics reports solid Q1 earnings, anticipates supply chain improvements

General Dynamics delivered strong financial performance in Q1 2023, driven by Combat and Marine Systems.
Supply chain issues impacted Aerospace but are expected to improve for a robust second half.
The company anticipates continued demand in Combat Systems and margin improvements in the upcoming quarters.
Revenue synergies from merging businesses in Mission Tech are driving positive order performance.

General Dynamics reports solid Q2 earnings amidst supply chain challenges

General Dynamics delivered strong Q2 results with revenue growth in key segments, a healthy backlog, and promising growth opportunities. While facing supply chain challenges, the company is strategically positioned to capitalize on joint bids and organic growth. Continued focus on operational efficiency and leveraging strategic partnerships will be key to sustained growth.

General Dynamics posts robust Q3 results amidst margin challenges

General Dynamics reported strong financials with revenue growth, record backlog, and solid cash flow. While facing margin challenges and G700 certification uncertainty, the company is focused on efficiency improvements and margin protection. Opportunities lie in defense segment growth and increased artillery demand.

General Dynamics posts strong Q4 earnings, eyes aerospace growth

General Dynamics delivered robust financial performance in Q4 2023, showcasing growth in revenue and operating earnings across key segments. The company projects significant revenue growth in aerospace and a positive outlook for 2024, aiming for increased profitability and expansion.

General Dynamics posts solid Q1 earnings, eyes margin improvement

General Dynamics delivered strong financial performance in Q1 2024 across key divisions
Challenges include negative free cash flow, margin issues in Aerospace, and debt position
Opportunities lie in positive cash flow outlook, supply chain improvements, and margin enhancement
Overall, GD is focused on cash conversion, margin improvement, and meeting delivery targets

General Dynamics posts strong Q2 earnings amidst delivery challenges

General Dynamics delivered strong financial performance in Q2 2024, driven by revenue growth across key segments.
While facing challenges with G700 deliveries and supply chain issues, the company maintains a focus on improving margins.
Opportunities lie in robust order intake, enhanced delivery efficiency, and steady growth in key segments.
Overall, General Dynamics remains well-positioned for growth and profitability in the coming quarters.

General Dynamics reports robust Q3 earnings amidst delivery challenges

General Dynamics delivered strong financial performance in Q3 2024 driven by Aerospace and Marine Systems
Challenges in G700 deliveries and supply chain issues were noted, impacting cash flow conversion target
The company remains optimistic about opportunities for growth and expects solid performance in the coming quarters

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

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Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

General Dynamics Corp. is a global aerospace and defense company, which engages in design, engineering, and manufacturing to deliver solutions. It operates through the following business segments: Aerospace, Marine Systems, Combat Systems, and Technologies. The Aerospace segment includes the production of business jets, technology aircraft, repair, support and completion services. The Marine Systems segment involves the design and building of nuclear-powered submarines, surface combatant, and auxiliary ship design and construction. The Combat Systems segment focuses on manufacturing and integrating land combat solutions, wheeled and tracked combat vehicles, weapons systems and munitions. The Technologies segment consists of services, technologies, and products for electronic hardware with its software. The company was founded on February 21, 1952 and is headquartered in Reston, VA.

General Dynamics' (GD) third-quarter 2023 earnings beat the Zacks Consensus Estimate by 5.9%. The top line also improves 6% from the prior-year period.

General Dynamics (GD) Q3 Earnings Beat, Revenues Rise Y/Y

General Dynamics (NYSE:GD) topped Street expectations in its third quarter on surging demand for artillery and armored vehicles. The Reston, Virginia-based defense contractor reported a third-quarter profit of $3.04 per share, surpassing analyst estimates of $2.91 per share.

General Dynamics beats 3Q expectations on demand for artillery, armored vehicles

The headline numbers for General Dynamics (GD) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

General Dynamics (GD) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

General Dynamics (GD) came out with quarterly earnings of $3.04 per share, beating the Zacks Consensus Estimate of $2.87 per share. This compares to earnings of $3.26 per share a year ago.

General Dynamics (GD) Beats Q3 Earnings and Revenue Estimates

Investors are waiting to see if employees represented by the United Auto Workers ratified a new labor deal.

General Dynamics Posts Strong Earnings Ahead of UAW Contract Vote

Shares of General Dynamics Corp. GD, -0.09% climbed 1.9% in premarket trading Wednesday, putting them on track to snap a seven-session losing streak, after the aerospace and defense contractor beat third-quarter profit and revenue expectations as “strong demand” continued. Net income fell to $836 million, or $3.04 a share, from $902 million, or $3.26 a share, in the year-ago period, but that beat the FactSet consensus for earnings per share of $2.91.

General Dynamics stock set to snap longest losing streak in 4 years after earnings beat expectations

Gulfstream jet maker General Dynamics reported a lower quarterly profit on Wednesday, due to higher operating expenses amid expensive labor and other inflationary pressures.

General Dynamics quarterly profit falls on higher operating expenses

Revenue $10.6 billion, up 6% year over year Net earnings $836 million, diluted EPS $3.04 $1.3 billion net cash provided by operating activities Record-high $95.6 billion backlog, 1.4-to-1 book-to-bill RESTON, Va. , Oct. 25, 2023 /PRNewswire/ -- General Dynamics (NYSE: GD) today reported third-quarter 2023 net earnings of $836 million on revenue of $10.6 billion.

General Dynamics Reports Third-Quarter 2023 Financial Results

Aerojet Rocketdyne Holdings

Boeing

L3Harris

Lockheed Martin

Raytheon Technologies

CNBC's Jim Cramer on Tuesday recommended defense stocks as the U.S. empties its arsenals to aid allies Israel and Ukraine.

Cramer says to invest in defense companies as the U.S. looks to rebuild weapons stockpile

United Auto Workers (UAW) union members reached a tentative agreement with General Dynamics (GD), an aerospace and defense corporation that has contracts with the U.S. government, narrowly avoiding a strike.

UAW Reaches Tentative Agreement with Defense Contractor General Dynamics

T-Mobile US

No notable earnings reports were released Friday afternoon or Monday morning. By the end of this week, there will be plenty to mull over.

Wednesday Morning Earnings Reports From Boeing, General Dynamics, T-Mobile

The United Auto Workers (UAW) union has reached a tentative agreement with the US defense contractor General Dynamics (NYSE:GD) over a new labor contract, the company announced Monday.  The deal narrowly averts a strike, which the more than 1,000 union workers at General Dynamics' Michigan, Ohio and Pennsylvania had voted to authorize if the current four-year contract expired on Tuesday.

United Auto Workers reaches tentative deal with US defense contractor, averting strike

General Dynamics (GD) wins an $80.1 million modification contract involving surface ships.

General Dynamics (GD) Wins $80.1M Deal for Surface Ships

The United Auto Workers (UAW) union and General Dynamics have reached a tentative agreement over a new labor contract covering hundreds of workers at some of the U.S. defense contractor's facilities, the company said on Monday.

UAW reaches tentative agreement with General Dynamics

General Dynamics is among the minority list in articulating trailing multiples. GD is a promising company in the aerospace and defense industry with surpassing residual earnings expected in the future. My analysis suggests that GD stock is a "Buy" but with limited upside potential. However, any improvement in guidance should open the potential for a further increase in value.

General Dynamics: Buy, But Limited Upside Potential

Northrop Grumman

CACI

Defense stocks are back in the spotlight amid rising global geopolitical tensions. The war in Russia and Ukraine was a testament to the rapidly evolving economic and political instability.

The 7 Best Defense Stocks to Buy Now: October 2023

Humanitarian aid arrived in Gaza for the first time Saturday since the attacks in Israel by Hamas earlier this month.

The Weight of War: What Happened This Week to Oil, Defense Stocks, and Gold.

iShares U.S. Aerospace & Defense ETF

SPDR S&P Aerospace & Defense ETF

Hello! This is MarketWatch reporter Isabel Wang bringing you this week's ETF Wrap. In this week's edition, we look at defense ETFs, which have rallied on the back of the Middle East conflict since the Palestinian militant group launched surprise cross-border raids from Gaza 13 days ago, pushing the region to the precipice of a dangerous abyss.

Israel–Hamas war boosts U.S. defense ETFs, but why it won't help stocks for long

General Dynamics' (GD) Q3 results are likely to reflect a decline in sales from two of its major business segments.

Will Segmental Sales Hurt General Dynamics' (GD) Q3 Earnings?

General Dynamics is one of America's top defense contractors with a market cap of nearly $70 billion. The company has a diverse business portfolio, including aerospace, military hardware production, and shipbuilding. GD has a strong dividend growth history and has consistently outperformed the market, making it an attractive investment option.

General Dynamics: A Top-Tier Dividend Stock With Improving Tailwinds

General Dynamics (GD) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

General Dynamics (GD) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

General Dynamics' (GD) unit GD Electric Boat is set to procure critical materials needed to construct SSN 814 and SSN 815 Virginia-class submarines.

General Dynamics' (GD) Unit Secures $217M Submarine Contract

When war breaks out, defense companies tend to make money. That means aerospace and defense stocks tend to rise during geopolitical unrest.

What the Israel-Hamas war means for defense stocks

GROTON, Conn. , Oct. 16, 2023 /PRNewswire/ -- General Dynamics Electric Boat, a business unit of General Dynamics (NYSE: GD), announced today it was awarded a $217 million contract for long lead time material associated with the construction of Virginia-class submarines SSN 814 and SSN 815.

General Dynamics Electric Boat Awarded $217 Million Contract for Virginia-Class Submarines

Last year, total military expenditure increased 3.7% on a year-on-year basis to $2.24 trillion. Further, military spending in Europe saw the steepest increase on a year-on-year basis in the last 30 years.

News for General Dynamics Stock (GD)