Inside the research
General Dynamics Corporation
GD Research profile · latest available data
Price overview
$336.72
▲ +0.43 (+0.1%)
| 52w hi | $395.97 |
|---|---|
| 52w lo | $311.16 |
| Vol | 1.46M |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.02
| Short | +0.18 |
|---|---|
| Medium | -0.19 |
| Long | -0.09 |
computed 2026-09-27
Key fundamentals
General Dynamics Corporation
Industrials · Aerospace & Defense
| Market cap | $91.10B |
|---|---|
| Enterprise value | $96.11B |
| Trailing P/E | 20.53x |
| Forward P/E | 18.12x |
| EV / EBITDA | 14.49x |
| P / S (ttm) | 1.66x |
| Profit margin | 8.2% |
| Return on equity | 17.8% |
| Revenue growth | +8.1% |
| Earnings growth | +13.4% |
| Debt / equity | 35.34 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.28 | |
| Sector | -0.07 | |
| Technical | -0.09 | |
| Earnings | +0.00 | |
| Sentiment | +0.25 |
macro × 1.00 · 2026-09-27
Business overview
General Dynamics Corporation operates as an aerospace and defense company worldwide. It operates through four segments: Aerospace, Marine Systems, Combat Systems, and Technologies. The Aerospace segment produces and sells business jets; and offers aircraft maintenance and repair, management, aircraft-on-ground support, customer support and custom completion services, modifications, upgrades, and lifecycle sustainment support 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 provides maintenance, modernization, and lifecycle support services for navy ships; offers and program management, planning, engineering, and design support services for submarine construction programs. The Combat Systems segment manufactures land combat solutions, such as wheeled and tracked combat vehicles, Stryker wheeled combat vehicles, piranha vehicles, weapons systems, energetics and munitions, mobile bridge systems with payloads, tactical vehicles, main battle tanks, and armored vehicles; and offers modernization programs, support and sustainment services, and development programs. The Technologies segment provides information technology solutions and mission support services; mobile communication, computers, and command-and-control mission systems; intelligence, surveillance, and reconnaissance solutions to military, intelligence, and federal civilian customers; cloud services, cybersecurity, network modernization, artificial intelligence; machine learning; application development, high-performance computing, and 5G and advanced communications services; and unmanned undersea vehicle manufacturing and assembly services. The company was founded in 1899 and is headquartered in Reston, Virginia.
Risk Metrics
| Beta vs SPX | 0.51 |
|---|---|
| Corr SPX | 0.37 |
| Annual vol | 22.4% |
| Annual ret | +7.1% |
| Sharpe | 0.32 |
| Max DD | -23.0% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $392.31 |
|---|---|
| High / Low | $444.00 / $313.00 |
| Median | $390.00 |
| Analysts | 21 |
| Strong Buy | 4 | |
|---|---|---|
| Buy | 9 | |
| Hold | 10 | |
| Sell | 1 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-04-30 | UBS | → Neutral |
| 2026-04-30 | RBC Capital | → Sector Perform |
| 2026-04-30 | JP Morgan | → Overweight |
| 2026-04-07 | Jefferies | → Hold |
| 2026-04-02 | Citigroup | → Neutral |
| 2026-04-01 | Wells Fargo | → Overweight |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-07 | Officer / Director Change, Exhibits | read |
| 2026-08-04 | Other Material Event, Exhibits | read |
| 2026-07-29 | Earnings Release, Exhibits | read |
| 2026-05-11 | Shareholder Vote | read |
| 2026-04-29 | Earnings Release, Exhibits | read |
| 2026-01-28 | Earnings Release, Exhibits | read |
| 2025-12-05 | Officer / Director Change | read |
| 2025-12-05 | Officer / Director Change | read |
| 2025-10-24 | Earnings Release, Exhibits | read |
| 2025-07-23 | Earnings Release, Exhibits | read |
| 2025-06-09 | Officer / Director Change | read |
| 2025-06-04 | Other Material Event | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-06-17 | Malcolm Mark | Director | Sell | 3.21K | $1.17M |
| 2026-06-17 | Malcolm Mark | Director | Option exercise | 3.21K | $531.16K |
| 2026-06-17 | Malcolm Mark | Director | Sell | 2.27K | $828.55K |
| 2026-06-17 | Malcolm Mark | Director | Option exercise | 2.27K | $435.18K |
| 2026-06-16 | Stratton John G | Director | Grant | 104 | $37.42K |
| 2026-03-17 | Hooper Charles W | Director | Grant | 21 | $7.44K |
| 2026-03-17 | HANEY CECIL D | Director | Grant | 10 | $3.54K |
| 2026-03-17 | DE LEON RUDY F | Director | Grant | 52 | $18.42K |
| 2026-03-17 | Stratton John G | Director | Grant | 105 | $37.20K |
| 2026-03-17 | Schumacher Laura J | Director | Grant | 105 | $37.20K |
Flow & Concentration
| Insider 180d net | -$2.00M |
|---|---|
| Insider buys / sells | 0 / 2 |
| Insider bias | Neutral |
| 13F holders | 10 |
| Top-5 share | 95.6% |
| HHI | 3,783 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $4.18B | 11.81M |
| Fidelity / FMR LLC | $1.45B | 4.10M |
| AQR Capital Management | $742.37M | 2.10M |
| Capital Research / Capital World | $385.87M | 1.09M |
| Citadel Advisors | $261.26M | 737.53K |
| Renaissance Technologies | $160.73M | 453.72K |
| Millennium Management | $155.91M | 440.14K |
| Bridgewater Associates | $5.98M | 16.89K |
| T. Rowe Price Group | $131.26K | 370.55K |
| Norges Bank (Norway sovereign) | $34.36K | 97 |
As of 2026-06-30
Connections
Dividends
| Yield (TTM) | 1.36% |
|---|---|
| $ / share (TTM) | $4.59 |
| 5y CAGR | +6.5% |
Annual dividend per share
| 2021 | $4.67 |
|---|---|
| 2022 | $4.97 |
| 2023 | $5.22 |
| 2024 | $5.58 |
| 2025 | $5.92 |
| 2026 | $3.09 |
Federal Contracts
| Amount | Agency | Description |
|---|---|---|
| $5.87B | Department of Defense | DETAIL DESIGN AND CONSTRUCTION (DD&C) FOR T-AO 205 |
| $5.34B | Department of Defense | FY18-FY22 DDG 51 CLASS SHIP CONSTRUCTION |
| $5.03B | Department of Defense | CONSTRUCTION OF DDG 51 SHIPS FY23-27 |
| $4.93B | Department of Defense | FY13-FY17 DDG 51 CLASS SHIP CONSTRUCTION. |
| $2.55B | Department of Defense | DDG 1001/1002 CONSTRUCTION AND FY11 CLASS SERVICES |
| $2.50B | Department of Defense | T-AO 214 - 221 DD&C BLOCK BUY |
| $1.87B | Department of Defense | EXPEDITIONARY SEA BASE (ESB) HULL 6 LLTM UCA |
| $1.51B | Department of State | GLOBAL SECURITY ENGINEERING&SUPPLY CHAIN SERVICES. |
SEC Filings
The Long Run
FY 2009–2025 · 17 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $52.55B | +4.2% | |
| Operating income | $4.25B | +2.0% | |
| Net income | $3.31B | +2.0% | |
| Cash from ops | $5.12B | +4.3% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $336.21 | $339.99 | $335.00 | $336.72 | 1.46M |
| Sep 24 | $343.00 | $344.74 | $336.19 | $336.29 | 1.57M |
| Sep 23 | $344.19 | $348.76 | $343.05 | $343.33 | 1.09M |
| Sep 22 | $353.95 | $354.67 | $342.16 | $343.39 | 1.28M |
| Sep 21 | $352.74 | $355.05 | $351.41 | $353.90 | 926.70K |
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