general dynamics corp. - GD

GD

Close Chg Chg %
279.79 2.02 0.72%

Closed Market

281.81

+2.02 (0.72%)

Volume: 1.43M

Last Updated:

Nov 22, 2024, 3:59 PM EDT

Company Overview: general dynamics corp. - GD

GD Key Data

Open

$281.29

Day Range

279.92 - 283.60

52 Week Range

243.87 - 316.90

Market Cap

$76.97B

Shares Outstanding

274.97M

Public Float

273.23M

Beta

0.61

Rev. Per Employee

N/A

P/E Ratio

21.32

EPS

$13.30

Yield

199.34%

Dividend

$1.42

EX-DIVIDEND DATE

Oct 11, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

1.30M

 

GD Performance

1 Week
 
-2.80%
 
1 Month
 
-7.47%
 
3 Months
 
-3.95%
 
1 Year
 
12.95%
 
5 Years
 
53.07%
 

GD Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 27
Full Ratings ➔

About general dynamics corp. - GD

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.

GD At a Glance

General Dynamics Corp.
11011 Sunset Hills Road
Reston, Virginia 20190-5311
Phone 1-703-876-3000 Revenue 42.27B
Industry Aerospace & Defense Net Income 3.32B
Sector Electronic Technology 2023 Sales Growth 7.27%
Fiscal Year-end 12 / 2024 Employees 111,600
View SEC Filings

GD Valuation

P/E Current 21.316
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 21.598
Price to Sales Ratio 1.694
Price to Book Ratio 3.336
Price to Cash Flow Ratio 15.201
Enterprise Value to EBITDA 15.812
Enterprise Value to Sales 1.911
Total Debt to Enterprise Value 0.137

GD Efficiency

Revenue/Employee 378,781.362
Income Per Employee 29,704.301
Receivables Turnover 3.843
Total Asset Turnover 0.795

GD Liquidity

Current Ratio 1.437
Quick Ratio 0.915
Cash Ratio 0.116

GD Profitability

Gross Margin 15.783
Operating Margin 10.042
Pretax Margin 9.425
Net Margin 7.842
Return on Assets 6.231
Return on Equity 16.63
Return on Total Capital 10.237
Return on Invested Capital 10.924

GD Capital Structure

Total Debt to Total Equity 52.035
Total Debt to Total Capital 34.226
Total Debt to Total Assets 20.221
Long-Term Debt to Equity 48.129
Long-Term Debt to Total Capital 31.656
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for General Dynamics Corp. - GD

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
37.92B 38.47B 39.41B 42.27B
Sales Growth
-3.62% +1.43% +2.44% +7.27%
Cost of Goods Sold (COGS) incl D&A
31.60B 32.06B 32.78B 35.60B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
878.00M 890.00M 884.00M 863.00M
Depreciation
523.00M 568.00M 586.00M 669.00M
Amortization of Intangibles
355.00M 322.00M 298.00M 194.00M
COGS Growth
-2.14% +1.46% +2.26% +8.59%
Gross Income
6.33B 6.41B 6.62B 6.67B
Gross Income Growth
-10.40% +1.31% +3.34% +0.76%
Gross Profit Margin
+16.68% +16.66% +16.80% +15.78%
2020 2021 2022 2023 5-year trend
SG&A Expense
2.19B 2.25B 2.41B 2.43B
Research & Development
374.00M 415.00M 480.00M 510.00M
Other SG&A
1.82B 1.83B 1.93B 1.92B
SGA Growth
-9.08% +2.42% +7.39% +0.66%
Other Operating Expense
- - - -
-
Unusual Expense
- - - -
-
EBIT after Unusual Expense
4.13B 4.16B 4.21B 4.25B
Non Operating Income/Expense
94.00M 141.00M 216.00M 138.00M
Non-Operating Interest Income
12.00M 7.00M 27.00M 56.00M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
489.00M 431.00M 391.00M 399.00M
Interest Expense Growth
+3.60% -11.86% -9.28% +2.05%
Gross Interest Expense
489.00M 431.00M 391.00M 399.00M
Interest Capitalized
- - - -
-
Pretax Income
3.74B 3.87B 4.04B 3.98B
Pretax Income Growth
-11.04% +3.61% +4.21% -1.29%
Pretax Margin
+9.86% +10.07% +10.24% +9.42%
Income Tax
571.00M 616.00M 646.00M 669.00M
Income Tax - Current - Domestic
566.00M 545.00M 701.00M 646.00M
Income Tax - Current - Foreign
132.00M 137.00M 123.00M 200.00M
Income Tax - Deferred - Domestic
(132.00M) (58.00M) (207.00M) (124.00M)
Income Tax - Deferred - Foreign
5.00M (8.00M) 29.00M (53.00M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
3.17B 3.26B 3.39B 3.31B
Minority Interest Expense
- - - -
-
Net Income
3.17B 3.26B 3.39B 3.31B
Net Income Growth
-9.10% +2.84% +4.08% -2.21%
Net Margin Growth
+8.35% +8.47% +8.60% +7.84%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
3.17B 3.26B 3.39B 3.31B
Preferred Dividends
- - - -
-
Net Income Available to Common
3.17B 3.26B 3.39B 3.31B
EPS (Basic)
11.0378 11.6144 12.3134 12.1365
EPS (Basic) Growth
-8.66% +5.22% +6.02% -1.44%
Basic Shares Outstanding
286.92M 280.43M 275.31M 273.14M
EPS (Diluted)
10.9998 11.549 12.1868 12.0228
EPS (Diluted) Growth
-8.19% +4.99% +5.52% -1.35%
Diluted Shares Outstanding
287.91M 282.02M 278.17M 275.73M
EBITDA
5.01B 5.05B 5.09B 5.11B
EBITDA Growth
-8.51% +0.84% +0.83% +0.26%
EBITDA Margin
+13.21% +13.14% +12.93% +12.08%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 333.526
Number of Ratings 27 Current Quarters Estimate 4.43
FY Report Date 12 / 2024 Current Year's Estimate 13.92
Last Quarter’s Earnings 3.35 Median PE on CY Estimate N/A
Year Ago Earnings 12.02 Next Fiscal Year Estimate 16.085
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 22 12 23 23
Mean Estimate 4.43 3.44 13.92 16.08
High Estimates 4.58 3.80 14.06 17.00
Low Estimate 4.23 3.14 13.72 15.32
Coefficient of Variance 2.54 5.28 0.78 2.85

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 14 15 17
OVERWEIGHT 3 3 3
HOLD 10 10 8
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for General Dynamics Corp. - GD

Date Name Shares Transaction Value
Nov 1, 2024 Gregory Stratis Gallopoulos Senior VP, Gen. Counsel, Sec. 134,045 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $223.93 per share 30,016,696.85
Nov 1, 2024 Gregory Stratis Gallopoulos Senior VP, Gen. Counsel, Sec. 106,952 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $303.26 per share 32,434,263.52
Nov 1, 2024 Gregory Stratis Gallopoulos Senior VP, Gen. Counsel, Sec. N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Oct 31, 2024 Rudy F. de Leon Director 5,373 Bona fide gift 0.00
May 23, 2024 Kimberly A. Kuryea Senior Vice President & CFO 120,596 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $167.61 per share 20,213,095.56
May 23, 2024 Kimberly A. Kuryea Senior Vice President & CFO 92,599 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $300.59 per share 27,834,333.41
May 23, 2024 Kimberly A. Kuryea Senior Vice President & CFO 86,140 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $296.38 per share 25,530,173.20
May 23, 2024 Jason Wright Aiken Executive Vice President 153,946 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $300.61 per share 46,277,707.06
May 23, 2024 Kimberly A. Kuryea Senior Vice President & CFO N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 23, 2024 Jason Wright Aiken Executive Vice President 170,279 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $135.85 per share 23,132,402.15
May 23, 2024 Jason Wright Aiken Executive Vice President N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 23, 2024 Kimberly A. Kuryea Senior Vice President & CFO 101,175 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $191.71 per share 19,396,259.25
May 23, 2024 Kimberly A. Kuryea Senior Vice President & CFO 84,323 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $299 per share 25,212,577.00
May 23, 2024 Kimberly A. Kuryea Senior Vice President & CFO 85,658 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $298.17 per share 25,540,645.86
May 23, 2024 Kimberly A. Kuryea Senior Vice President & CFO 80,389 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $300 per share 24,116,700.00
May 23, 2024 Kimberly A. Kuryea Senior Vice President & CFO 79,255 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $300.87 per share 23,845,451.85
May 23, 2024 Kimberly A. Kuryea Senior Vice President & CFO N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 23, 2024 Kimberly A. Kuryea Senior Vice President & CFO 83,616 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $300.59 per share 25,134,133.44
May 22, 2024 Mark Lagrand Burns Vice President 64,132 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $296.59 per share 19,020,909.88
May 16, 2024 William A. Moss Vice President and Controller 24,864 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $191.71 per share 4,766,677.44

General Dynamics Corp. in the News