US · USD

GD

General Dynamics Corporation

$333.04+0.36% ($1.21)Updated 10/1/26, 3:01 PM

Day's range: $331.04 – $334.38
Day's volume: $111.9M
52-week range: $311.16 – $395.97

Follow GD in the Fuolio

See how GD weighs in your net worth, what it has paid you and how far it is from your target allocation.

Create a free account

GD in numbers

Market cap: $90.3B

P/B: 3.45

Dividend yield (12m): 1.86%

The 12-month dividend yield of GD is 1.86%, below its 5-year average of 2.03%.

GD price history

10/01/202510/01/2026

Compare with

GD risk and return

Monthly closes adjusted for splits and distributions.

Metric	12 months	36 months	60 months
Return	-1.91%	+45.97%	+81.82%
Volatility (annualized)	15.64%	13.74%	17.33%
Largest drawdown	-12.91%	-15.56%	-18.20%
Positive months	6/12	24/36	37/60

How much did investing in GD return?

Amount invested

$1,000.00 invested on 10/01/2021 would be worth $1,812.51 today.

Value today in GD: $1,812.51

Return over the period: +81.25%

Return per year: +12.63%

In the S&P 500: $1,663.27

With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.

GD fundamentals

Valuation

P/E
—
P/B
3.45
EV/EBITDA
—
EV/EBIT
—
EV/Revenue
—
P/EBIT
—
P/S
—
P/OCF
—
P/FCF
—
Earnings yield
—
PEG ratio
—
Earnings per share
—
Book value per share
$96.44

Debt

Net debt
$2.6B
Net debt/EBITDA
—
Net debt/Equity
0.10
Debt/Equity
0.24
Current ratio
1.38
Quick ratio
0.90
Cash ratio
0.19

What is GD's fair price?

Two classic value formulas, with today's numbers. The current price is $333.04.

Graham's fair price: —; GD's earnings per share and book value per share are not available, so the formula cannot be computed.

Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.

Bazin's ceiling price: $87.87; 73.62% below the price

$5.27 (5-year average) ÷ 6%

Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.

Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.

GD's indicators by year

Multiples at each year's closing price; margins and returns from that year's statements.

Indicator	2025	2024	2023	2022	2021	2020	2019	2018
P/E	21.62	18.84	21.46	20.09	17.77	13.45	14.66	13.55
P/B	3.55	3.23	3.34	3.67	3.28	2.72	3.65	3.74
EV/EBITDA	15.24	13.52	15.27	14.93	13.22	9.93	10.96	10.82
Dividend yield	1.76%	2.12%	2.01%	2.00%	2.24%	2.90%	2.26%	2.31%
Earnings per share	$15.57	$13.99	$12.10	$12.35	$11.73	$11.06	$12.03	$11.61
Book value per share	$94.76	$81.61	$77.74	$67.66	$63.53	$54.71	$48.26	$42.01
ROE	16.43%	17.14%	15.56%	18.26%	18.46%	20.22%	24.92%	27.62%
ROIC	14.59%	14.46%	12.55%	13.31%	13.20%	15.34%	17.16%	15.99%
Gross margin	—	—	—	—	—	—	17.94%	18.55%
EBITDA margin	11.95%	11.91%	12.08%	12.93%	13.14%	13.21%	13.72%	14.25%
Net margin	8.01%	7.93%	7.84%	8.60%	8.47%	8.35%	8.85%	9.24%
Net debt/EBITDA	0.74	0.98	1.34	1.57	1.76	1.43	1.50	2.03

GD's financial statements

Line	2025	2024	2023	2022	2021	2020
Net revenue	$52.6B	$47.7B	$42.3B	$39.4B	$38.5B	$37.9B
Cost of revenue	—	—	—	—	—	—
Gross profit	—	—	—	—	—	—
EBITDA	$6.3B	$5.7B	$5.1B	$5.1B	$5.1B	$5B
EBIT	$5.4B	$4.8B	$4.2B	$4.2B	$4.2B	$4.1B
Financial result	—	—	—	—	—	—
Income before tax	$5.1B	$4.5B	$4B	$4B	$3.9B	$3.7B
Income tax	-$893M	-$758M	-$669M	-$646M	-$616M	-$571M
Net income	$4.2B	$3.8B	$3.3B	$3.4B	$3.3B	$3.2B

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

Does GD pay dividends?

Announced payments
Type	Last day to own	Payment	Per share
Dividend	10/08/2026	11/13/2026	$1.59

Dividend yield per year

1.61%2017
2.31%2018
2.26%2019
2.90%2020
2.24%2021
2.00%2022
2.01%2023
2.12%2024
1.76%2025
1.40%2026

Payment history
Type	Last day to own	Payment	Per share
Dividend	07/01/2026	08/07/2026	$1.59
Dividend	04/09/2026	05/08/2026	$1.59
Dividend	01/15/2026	02/06/2026	$1.50
Dividend	10/09/2025	11/14/2025	$1.50
Dividend	07/02/2025	08/08/2025	$1.50
Dividend	04/10/2025	05/09/2025	$1.50
Dividend	01/16/2025	02/07/2025	$1.42
Dividend	10/10/2024	11/15/2024	$1.42
Dividend	07/04/2024	08/09/2024	$1.42
Dividend	04/10/2024	05/10/2024	$1.42
Dividend	01/17/2024	02/09/2024	$1.32
Dividend	10/04/2023	11/10/2023	$1.32

See all 40 distributions

Earlier distributions
Type	Last day to own	Payment	Per share
Dividend	07/05/2023	08/11/2023	$1.32
Dividend	04/12/2023	05/12/2023	$1.32
Dividend	01/18/2023	02/10/2023	$1.26
Dividend	10/05/2022	11/10/2022	$1.26
Dividend	06/29/2022	08/05/2022	$1.26
Dividend	04/06/2022	05/06/2022	$1.26
Dividend	01/12/2022	02/04/2022	$1.19
Dividend	10/06/2021	11/12/2021	$1.19
Dividend	06/30/2021	08/06/2021	$1.19
Dividend	04/07/2021	05/07/2021	$1.19
Dividend	01/13/2021	02/05/2021	$1.10
Dividend	10/07/2020	11/13/2020	$1.10
Dividend	06/30/2020	08/07/2020	$1.10
Dividend	04/07/2020	05/08/2020	$1.10
Dividend	01/15/2020	02/07/2020	$1.02
Dividend	10/09/2019	11/15/2019	$1.02
Dividend	07/02/2019	08/09/2019	$1.02
Dividend	04/10/2019	05/10/2019	$1.02
Dividend	01/16/2019	02/08/2019	$0.93
Dividend	10/03/2018	11/09/2018	$0.93
Dividend	07/04/2018	08/10/2018	$0.93
Dividend	04/11/2018	05/11/2018	$0.93
Dividend	01/17/2018	02/09/2018	$0.84
Dividend	10/04/2017	11/10/2017	$0.84
Dividend	07/04/2017	08/11/2017	$0.84
Dividend	04/04/2017	05/05/2017	$0.84
Dividend	01/17/2017	02/10/2017	$0.76
Dividend	10/04/2016	11/10/2016	$0.76

About General Dynamics

Sector: Manufacturing

Questions about GD

How much is GD today?

GD is at $333.04 (0.36% on the day), last traded on 10/01/2026.

How much did GD pay in dividends in 2025?

GD paid $5.92 per share in 2025, a dividend yield of 1.76%.

When is the next GD dividend?

The next announced payment is $1.59 per share on 11/13/2026.

How much did GD return in 12 months?

GD returned -1.91% in 12 months, with annualized volatility of 15.64% and a largest drawdown of -12.91%.