Financials in USD. Standardized financial statements.
A compact view of how General Dynamics Corporation turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $52.55B | $47.72B | $42.27B | $39.41B | $38.47B | $37.92B | $39.35B | $36.19B | $30.97B | $30.56B |
| Revenue Growth? | +10.1% | +12.9% | +7.3% | +2.4% | +1.4% | -3.6% | +8.7% | +16.9% | +1.3% | 0.0% |
| Cost of Revenue? | $44.60B | $40.35B | $35.60B | $32.78B | $32.06B | $31.60B | $32.36B | $29.54B | $24.73B | $24.90B |
| Gross Profit? | $7.95B | $7.36B | $6.67B | $6.62B | $6.41B | $6.33B | $6.99B | $6.66B | $6.24B | $5.67B |
| Gross Margin? | +15.1% | +15.4% | +15.8% | +16.8% | +16.7% | +16.7% | +17.8% | +18.4% | +20.2% | +18.5% |
| Operating Expenses? | $2.60B | $2.57B | $2.43B | $2.41B | $2.25B | $2.19B | $2.42B | $2.26B | $2.01B | $1.92B |
| Operating Income? | $5.36B | $4.80B | $4.25B | $4.21B | $4.16B | $4.13B | $4.57B | $4.39B | $4.24B | $3.74B |
| EBITDA? | $6.10B | $5.82B | $5.25B | $5.31B | $5.19B | $5.11B | $5.50B | $5.22B | $4.63B | $4.21B |
| Income Before Tax | $5.10B | $4.54B | $3.98B | $4.04B | $3.87B | $3.74B | $4.20B | $4.08B | $4.08B | $3.66B |
| Income Tax Expense | $893.00M | $758.00M | $669.00M | $646.00M | $616.00M | $571.00M | $718.00M | $727.00M | $1.17B | $977.00M |
| Net Income? | $4.21B | $3.78B | $3.31B | $3.39B | $3.26B | $3.17B | $3.48B | $3.35B | $2.91B | $2.57B |
| EPS? | $15.64 | $13.81 | $12.14 | $12.31 | $11.61 | $11.04 | $12.09 | $11.33 | $9.73 | $8.44 |
| Diluted EPS? | $15.46 | $13.63 | $12.02 | $12.19 | $11.55 | $11.00 | $11.98 | $11.18 | $9.56 | $8.29 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality