General Dynamics Corp
Exchange: NYSESector: IndustrialsIndustry: Aerospace & Defense
Headquartered in Reston, Virginia, General Dynamics is a global aerospace and defense company that 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. General Dynamics employs more than 110,000 people worldwide and generated $52.6 billion in revenue in 2025.
Did you know?
Trading 17% above its estimated fair value of $288.13.
Current Price
$349.08
+0.94%GoodMoat Value
$288.13
17.5% overvaluedProfile
Valuation (TTM)
Market Cap$94.29B
P/E21.72
EV$99.51B
P/B3.68
Shares Out270.12M
P/Sales1.75
Revenue$53.81B
EV/EBITDA15.77
General Dynamics Corp (GD) Stock Analysis
GoodMoat Analysis
General Dynamics is a major aerospace and defense contractor with a potentially durable moat built on regulatory barriers and switching costs, but its current valuation appears unfavourable relative to the GoodMoat framework's fair value estimate. The stock trades at a premium to the target price, offering no margin of safety.
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General Dynamics Corp (GD) is a leading industrial company in the Aerospace & Defense sector, operating through segments like Aerospace (Gulfstream jets), Combat Systems, and Marine Systems. Applying the GoodMoat framework, the business likely possesses a durable competitive advantage. Its moat score would be anchored by significant regulatory barriers (defense contracts require hard-to-obtain security clearances) and high switching costs (mission-critical, long-cycle defense systems are deeply embedded in customer operations). This is supported by a solid ROE of 16.4% and a moderate debt/equity ratio of 0.31, indicating adequate financial quality.
However, the valuation assessment is unfavourable. The current price of $352.5 is significantly above the GoodMoat Target of $288.13. This implies a negative margin of safety, failing the Valuation & Risk Gate in the Decision Framework. While the company exhibits a 7.8% YoY revenue growth and a 4.2% FCF yield, the P/E of 22.6x appears full for this growth rate. For a value investor, the lack of a price discount relative to the estimated intrinsic value is a key hurdle, suggesting the stock is not attractively priced for a margin-of-safety approach despite its strong business characteristics.
Analysis based on data as of 2024-05-15.
Market Cap$94.29B
Current Price$349.08
P/E Ratio21.72
Forward P/E—
PEG Ratio1.71
EPS$15.45
Book Value$94.85
P/B Ratio3.68
GD Financial Charts
FCF vs CAPEX
FCFCAPEX
Forward estimates use 12.1% FCF growth (CAGR)
Cash vs Debt
Net Debt: 5.7B
Revenue
39.4B
FY19
37.9B
FY20
38.5B
FY21
39.4B
FY22
42.3B
FY23
47.7B
FY24
52.5B
FY25
Net Income
3.5B
FY19
3.2B
FY20
3.3B
FY21
3.4B
FY22
3.3B
FY23
3.8B
FY24
4.2B
FY25
GD 52-Week Range
$264.54
$365.65
50-Day MA: $344.39200-Day MA: $336.17
Did you know?
Earnings per share grew at a 3.2% CAGR.
General Dynamics Corp (GD) Financial Summary
General Dynamics Corp (GD) is a Industrials company in the Aerospace & Defense industry, listed on NYSE. The stock currently trades at $349.08 with a market capitalization of $94.29B.
Key valuation metrics include a P/E ratio of 21.72, price-to-book ratio of 3.68, and EPS of $15.45. The company reports a profit margin of 8.1% and return on equity of 16.9%.
GD Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $94.29B |
| P/E Ratio | 21.72 |
| EPS | $15.45 |
| P/B Ratio | 3.68 |
| P/S Ratio | 1.75 |
| EV/EBITDA | 15.77 |
| Dividend Yield | 1.69% |
| Profit Margin | 8.1% |
| Return on Equity | 16.9% |
| Debt/Equity | 0.31 |
GD Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $39.35B | $3.48B |
| FY20 | $37.92B | $3.17B |
| FY21 | $38.47B | $3.26B |
| FY22 | $39.41B | $3.39B |
| FY23 | $42.27B | $3.31B |
| FY24 | $47.72B | $3.78B |
| FY25 | $52.55B | $4.21B |
General Dynamics Corp (GD) Valuation
Based on GoodMoat's DCF model, General Dynamics Corp has a fair value estimate of $288.13. At the current price of $349.08, the stock appears 21.2% overvalued relative to our intrinsic value estimate.
GD Quality Indicators
General Dynamics Corp maintains a profit margin of 8.1% and an operating margin of 10.2%. Return on equity stands at 16.9%. The current ratio is 1.44. Debt-to-equity ratio is 0.31.
About General Dynamics Corp
Headquartered in Reston, Virginia, General Dynamics is a global aerospace and defense company that 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. General Dynamics employs more than 110,000 people worldwide and generated $52.6 billion in revenue in 2025.
GD Free Cash Flow
General Dynamics Corp generated $3.96B in trailing twelve-month free cash flow, representing an FCF yield of 4.20%. This moderate FCF yield indicates reasonable cash generation.
GD Shares Outstanding
General Dynamics Corp has 0.27 billion shares outstanding at a share price of $349.08, giving it a market capitalization of $94.29B.
GD Recent Insider Trades
Recent insider transactions at General Dynamics Corp include:
| Insider | Type | Shares | Value |
|---|---|---|---|
| Gallopoulos Gregory S (Senior VP, Gen. Counsel, Sec.) | SELL | 3,729 | $1.32M |
| Burns Mark Lagrand (Executive Vice President) | SELL | 10,153 | $3.60M |
| Gilliland Marguerite Amy (Executive Vice President) | SELL | 3,819 | $1.35M |