General Dynamics Corp (GD) stock
GDNYSEShip & Boat Building & RepairingFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Oct 4, 2026Last filing: 10-Q on Oct 30, 2026Score 18/3014% above fair value
$363.07−4.15 (-1.13%)
Close on Nov 12, 2026Market cap $98.11BP/E 21.4Yield –
General Dynamics operating margin
Operating margin is operating income as a percentage of revenue.
General Dynamics's operating margin for the twelve months ending Oct 4, 2026 was 10.4%. For fiscal 2025 it was 10.2%, against 10.1% the year before. The highest annual figure on record is 13.7% in fiscal 2017.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 10.2% | +0.1 |
| FY2024 | Dec 31, 2024 | 10.1% | +0.0 |
| FY2023 | Dec 31, 2023 | 10.0% | −0.6 |
| FY2022 | Dec 31, 2022 | 10.7% | −0.1 |
| FY2021 | Dec 31, 2021 | 10.8% | −0.1 |
| FY2020 | Dec 31, 2020 | 10.9% | −0.7 |
| FY2019 | Dec 31, 2019 | 11.6% | −0.5 |
| FY2018 | Dec 31, 2018 | 12.1% | −1.5 |
| FY2017 | Dec 31, 2017 | 13.7% | +1.4 |
| FY2016 | Dec 31, 2016 | 12.3% | −1.3 |
| FY2015 | Dec 31, 2015 | 13.5% | +0.9 |
| FY2014 | Dec 31, 2014 | 12.6% | +0.7 |
| FY2013 | Dec 31, 2013 | 11.9% | +9.5 |
| FY2012 | Dec 31, 2012 | 2.5% | −9.2 |
| FY2011 | Dec 31, 2011 | 11.7% | −0.4 |
| FY2010 | Dec 31, 2010 | 12.2% | +0.7 |
| FY2009 | Dec 31, 2009 | 11.5% | −1.0 |
| FY2008 | Dec 31, 2008 | 12.5% | +1.0 |
| FY2007 | Dec 31, 2007 | 11.4% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Oct 4, 2026 | 10.5% | +0.2 |
| Q2 FY2026 | Jul 5, 2026 | 10.4% | +0.4 |
| Q1 FY2026 | Apr 5, 2026 | 10.5% | +0.2 |
| Q4 FY2025 | Dec 31, 2025 | 10.1% | −0.6 |
| Q3 FY2025 | Sep 28, 2025 | 10.3% | +0.2 |
| Q2 FY2025 | Jun 29, 2025 | 10.0% | +0.4 |
| Q1 FY2025 | Mar 30, 2025 | 10.4% | +0.7 |
| Q4 FY2024 | Dec 31, 2024 | 10.7% | −0.4 |
| Q3 FY2024 | Sep 29, 2024 | 10.1% | +0.1 |
| Q2 FY2024 | Jun 30, 2024 | 9.7% | +0.2 |
| Q1 FY2024 | Mar 31, 2024 | 9.7% | +0.2 |
| Q4 FY2023 | Dec 31, 2023 | 11.0% | −0.3 |
| Q3 FY2023 | Oct 1, 2023 | 10.0% | −1.0 |
| Q2 FY2023 | Jul 2, 2023 | 9.5% | −1.2 |
| Q1 FY2023 | Apr 2, 2023 | 9.5% | −0.2 |
| Q4 FY2022 | Dec 31, 2022 | 11.3% | −0.2 |
| Q3 FY2022 | Oct 2, 2022 | 11.0% | −0.3 |
| Q2 FY2022 | Jul 3, 2022 | 10.6% | +0.2 |
| Q1 FY2022 | Apr 3, 2022 | 9.7% | −0.3 |
| Q4 FY2021 | Dec 31, 2021 | 11.5% | −0.8 |
| Q3 FY2021 | Oct 3, 2021 | 11.3% | −0.1 |
| Q2 FY2021 | Jul 4, 2021 | 10.4% | +1.4 |
| Q1 FY2021 | Apr 4, 2021 | 10.0% | −0.7 |
| Q4 FY2020 | Dec 31, 2020 | 12.3% | +0.7 |
| Q3 FY2020 | Sep 27, 2020 | 11.4% | −1.1 |
| Q2 FY2020 | Jun 28, 2020 | 9.0% | −2.4 |
| Q1 FY2020 | Mar 29, 2020 | 10.7% | −0.3 |
| Q4 FY2019 | Dec 31, 2019 | 11.6% | +0.4 |
| Q3 FY2019 | Sep 29, 2019 | 12.5% | −0.0 |
| Q2 FY2019 | Jun 30, 2019 | 11.4% | −0.4 |
| Q1 FY2019 | Mar 31, 2019 | 10.9% | −2.4 |
| Q4 FY2018 | Dec 31, 2018 | 11.2% | −1.6 |
| Q3 FY2018 | Sep 30, 2018 | 12.5% | −1.5 |
| Q2 FY2018 | Jul 1, 2018 | 11.8% | −2.1 |
| Q1 FY2018 | Apr 1, 2018 | 13.4% | −0.7 |
| Q4 FY2017 | Dec 31, 2017 | 12.8% | +2.6 |
| Q3 FY2017 | Oct 1, 2017 | 14.0% | – |
| Q2 FY2017 | Jul 2, 2017 | 13.9% | – |
| Q1 FY2017 | Apr 2, 2017 | 14.1% | – |
| Q4 FY2016 | Dec 31, 2016 | 10.2% | – |
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