General Dynamics Corporation's Stock Analysis

General Dynamics Shareholder Meeting Results from May 2026

At the Annual Meeting of Shareholders held on May 6, 2026, General Dynamics Corporation announced the results of voting on three key proposals. All nominees for the Board of Directors were elected in an uncontested election.

Additionally, shareholders approved KPMG LLP as the independent auditor for 2026 and endorsed the compensation for the company's named executive officers as outlined in the 2026 Proxy Statement. These decisions reflect shareholder confidence in the company's governance and management practices.

May 11, 2026 16:56:27

General Dynamics Reports First-Quarter 2026 Financial Results

General Dynamics announced its financial results for the first quarter of 2026, reporting revenue of $13.5 billion, a 10.3% increase compared to the same quarter last year. The company achieved operating earnings of $1.4 billion, translating to a diluted earnings per share (EPS) of $4.10, which is a 12% rise from the previous year. The operating margin stood at 10.5%, and the company generated $2.2 billion in cash from operating activities, amounting to 192% of net earnings.

During the quarter, General Dynamics received orders totaling $26.6 billion, resulting in a consolidated book-to-bill ratio of 2-to-1. The defense segments reported a book-to-bill ratio of 2.2-to-1, while the Aerospace segment had a ratio of 1.2-to-1. The total estimated contract value at the end of the quarter was $188.4 billion, which includes a backlog of $130.8 billion and an estimated potential contract value of $57.6 billion.

Apr 29, 2026 07:58:25

General Dynamics Reports Fourth-Quarter and Full-Year 2025 Results

General Dynamics announced its financial results for the fourth quarter and full year of 2025, reporting net earnings of $1.1 billion for the quarter and $4.2 billion for the year, which represents an 11.3% increase from 2024. The company achieved revenue of $14.4 billion in the fourth quarter and $52.6 billion for the full year, reflecting growth of 10.1% year-over-year. The diluted earnings per share (EPS) for the quarter was $4.17, and for the year, it was $15.45, marking a 13.4% increase from the previous year. Additionally, cash provided by operating activities was $1.6 billion in the fourth quarter and $5.1 billion for the year, with a significant portion of earnings converted into cash.

The company reported a strong demand environment, with orders totaling $22.4 billion in the fourth quarter and a book-to-bill ratio of 1.6 for the quarter and 1.5 for the year. General Dynamics ended 2025 with a backlog of $118 billion and an estimated total contract value of $179 billion, which is a 24% increase from the previous year. The company also invested $1.2 billion in capital expenditures during the year, reduced total debt by $749 million, and paid $1.6 billion in dividends, concluding the year with $2.3 billion in cash and equivalents.

Jan 28, 2026 07:59:57

General Dynamics Announces Leadership Change and Compensation Details

Danny Deep has been promoted to president of General Dynamics, effective December 3, 2025. He has over 20 years of experience with the company, holding various roles including executive vice president, Global Operations, and executive vice president, Combat Systems.

Mr. Deep's new compensation package includes a base salary of $1,300,000 and a target annual incentive opportunity of 150% of his base salary. Details regarding his long-term incentive, which includes equity compensation, will be outlined in the company's proxy statement for the 2025 annual meeting of shareholders.

Dec 05, 2025 16:31:38

General Dynamics Announces Leadership Change in Financial Management

William A. Moss, the vice president and controller of General Dynamics, will retire on March 31, 2026. Dana O. Maisano, currently serving as Staff Vice President and Controller at General Dynamics Information Technology, will take over the controller position starting April 1, 2026.

Maisano has been with General Dynamics for over 20 years and has held various finance roles during her tenure. She has been in her current position at GDIT since 2018, indicating continuity in financial leadership within the company.

Dec 05, 2025 16:30:33

General Dynamics Reports Third Quarter 2025 Financial Results

General Dynamics reported third-quarter 2025 revenue of $12.9 billion, an increase of 10.6% compared to the same quarter last year. Operating earnings reached $1.3 billion, or $3.88 per diluted share, reflecting a 15.8% rise from the previous year. The company achieved an operating margin of 10.3%, marking an expansion from both the year-ago quarter and the previous quarter. The Aerospace segment particularly excelled, with revenue growth of 30.3% and improved margins due to strong demand for business jets.

The company generated $2.1 billion in cash from operating activities, which was 199% of its net earnings. General Dynamics reported total orders of $19.3 billion for the quarter, resulting in a consolidated book-to-bill ratio of 1.5-to-1. The total estimated contract value, including backlog and potential contracts, stood at $167.7 billion at the end of the quarter. As of now, the company holds $8 billion in total debt and $2.5 billion in cash and equivalents.

Oct 24, 2025 07:50:04

General Dynamics Reports Second-Quarter 2025 Financial Results

General Dynamics announced its financial results for the second quarter of 2025, reporting revenue of $13 billion, an increase of 8.9% compared to the same quarter last year. The company achieved operating earnings of $1.3 billion, translating to a diluted earnings per share (EPS) of $3.74, which is a 14.7% increase from the previous year. The operating margin expanded to 10.0%, reflecting growth across all four segments of the company. Cash from operating activities reached $1.6 billion, representing 158% of net earnings, while the company reduced its total debt by $897 million during the quarter.

In terms of orders, General Dynamics reported a consolidated book-to-bill ratio of 2.2-to-1, with total orders amounting to $28.3 billion and a backlog of $103.7 billion at the end of the quarter. The estimated total contract value, including backlog components, reached $161.2 billion. The company ended the quarter with $8.7 billion in total debt and $1.5 billion in cash and equivalents, positioning itself favorably for future operations.

Jul 23, 2025 07:53:04

General Dynamics Reports Significant Revenue and Earnings Growth

General Dynamics announced its financial results for the first quarter of 2025, reporting revenue of $12.2 billion, a 13.9% increase from the same period last year. The company also noted a diluted earnings per share (EPS) of $3.66, which reflects a 27.1% rise year-over-year. The operating margin improved by 70 basis points to 10.4%, with all four business segments reporting higher revenues and operating earnings, particularly in Aerospace, where revenue surged by 45.2% and operating earnings increased by 69.4%.

In terms of cash flow, General Dynamics utilized $148 million in operating activities primarily due to working capital growth. The company distributed $383 million in dividends and repurchased $600 million of its shares during the quarter. As of the end of March 2025, the total backlog stood at $88.7 billion, with new orders amounting to $10.2 billion. The board declared a quarterly dividend of $1.50 per share, marking a 5.6% increase from the previous year.

Apr 23, 2025 07:50:09

General Dynamics Reports $3.8 Billion Full-Year Net Earnings

General Dynamics announced a fourth-quarter net earnings of $1.1 billion, reflecting a 14.2% increase from the previous year, with revenue rising to $13.3 billion, a 14.3% growth. The full-year figures showed net earnings of $3.8 billion and revenue of $47.7 billion, marking increases of 14.1% and 12.9%, respectively. The company reported significant cash flow from operations, totaling $2.2 billion in the quarter, which is 188% of net earnings, contributing to a year-end backlog of $90.6 billion.

On the downside, although overall revenue and earnings increased, the company experienced a slight decline in backlog orders in the fourth quarter compared to the previous quarter, with a book-to-bill ratio of 0.9-to-1. Additionally, operating margins varied across segments, with Aerospace showing a decrease while Marine Systems faced a notable decline in operating earnings. Despite these challenges, the overall financial performance remained positive, but the mixed results in specific segments may warrant further attention.

Jan 29, 2025 07:56:26

General Dynamics Reports Strong Third-Quarter Financial Growth

On the cash and capital deployment front, General Dynamics generated $1.4 billion from operating activities, representing 152% of net earnings. The company is maintaining a healthy financial position with $2.1 billion in cash and equivalents at the end of the quarter. However, the backlog stands at $92.6 billion, indicating a slight decline from previous quarters. The company continues to invest in growth, paying $390 million in dividends and repurchasing $44 million in shares. Overall, while the financial performance is robust, the slight decrease in backlog may warrant monitoring for future growth sustainability.

Oct 23, 2024 08:01:55