General Dynamics Corporation (GD) Earnings History
Annual and quarterly earnings data from 1989 to 2025
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GD EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
GD Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 15.1% | 10.2% | 8.0% |
| 2024 | 15.4% | 10.1% | 7.9% |
| 2023 | 15.8% | 10.0% | 7.8% |
| 2022 | 16.8% | 10.7% | 8.6% |
| 2021 | 16.7% | 10.8% | 8.5% |
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General Dynamics Corporation (GD) Earnings Overview
As of May 8, 2026, General Dynamics Corporation (GD) reported trailing twelve-month net income of $4.34B, reflecting +13.4% year-over-year growth. The company earned $15.84 per diluted share over the past four quarters, with a net profit margin of 8.0%.
Looking at the long-term picture, GD's 5-year EPS compound annual growth rate (CAGR) stands at +7.0%, showing solid earnings momentum. The company achieved its highest annual net income of $4.21B in fiscal 2025, representing a new all-time high.
General Dynamics Corporation maintains positive profitability with a gross margin of 15.1%, operating margin of 10.2%, and net margin of 8.0%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including LMT ($4.79B net income, 6.7% margin), RTX ($7.26B net income, 7.6% margin), NOC ($4.58B net income, 10.0% margin), GD has outperformed on profitability metrics. Compare GD vs LMT →
GD Earnings vs Peers
Earnings metrics vs comparable public companies
GD Historical Earnings Data (1989–2025)
37 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $4.21B | +11.3% | $5.36B | $15.46 | 8.0% | 10.2% |
| 2024 | $3.78B | +14.1% | $4.80B | $13.63 | 7.9% | 10.1% |
| 2023 | $3.31B | -2.2% | $4.25B | $12.02 | 7.8% | 10.0% |
| 2022 | $3.39B | +4.1% | $4.21B | $12.19 | 8.6% | 10.7% |
| 2021 | $3.26B | +2.8% | $4.16B | $11.55 | 8.5% | 10.8% |
| 2020 | $3.17B | -9.1% | $4.13B | $11.00 | 8.4% | 10.9% |
| 2019 | $3.48B | +4.2% | $4.57B | $11.98 | 8.9% | 11.6% |
| 2018 | $3.35B | +14.9% | $4.39B | $11.18 | 9.2% | 12.1% |
| 2017 | $2.91B | +13.2% | $4.24B | $9.56 | 9.4% | 13.7% |
| 2016 | $2.57B | -15.3% | $3.74B | $8.29 | 8.4% | 12.3% |
Full GD Stock Analysis
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Start ComparisonGD — Frequently Asked Questions
Quick answers to the most common questions about buying GD stock.
Is GD growing earnings?
GD EPS stands at $15.84, with +13.4% growth matching the 5-year CAGR of +7.0%. TTM net income is $4.3B. Earnings trajectory remains consistent.
What are GD's profit margins?
General Dynamics Corporation net margin is +8.0%, with operating margin at +10.2%. Margins sit within typical range for the sector.
How consistent are GD's earnings?
GD earnings data spans 1989-2025. The current earnings trend is +13.4% YoY. Historical data enables comparison across business cycles.