Revenue segments as reported by the company.

Aerospace

Marine Systems

Combat Systems

Technologies

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Operating costs and expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

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Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

General Dynamics

General Dynamics Corp. is a global aerospace and defense company, which engages in design, engineering, and manufacturing to deliver state-of-the-art solutions. It 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. It operates through the following segments: Aerospace, Marine Systems, Combat Systems, and Technologies. The Aerospace segment designs, manufactures, and sells business jets, and offers aircraft maintenance and repair, management, charter, aircraft-on-ground support and completion, staffing, and fixed-base operator services. The Marine Systems segment designs and builds nuclear-powered submarines, surface combatants, and auxiliary ships for the United States Navy and Jones Act ships for commercial customers, as well as builds crude oil and product tankers, and container and cargo ships. The Combat Systems segment manufactures land combat solutions, such as wheeled and tracked combat vehicles, Stryker wheeled combat vehicles, piranha vehicles, weapons systems, munitions, mobile bridge systems with payloads, tactical vehicles, main battle tanks, armored vehicles, and armaments. The Technologies segment provides information technology solutions and mission support services, mobile communication, computers, and command-and-control mission systems, and intelligence, surveillance, and reconnaissance solutions to military, intelligence, and federal civilian customers. The company was founded on February 21, 1952, and is headquartered in Reston, VA.

Earnings data Q1 2021

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Earnings data Q1 2024

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Earnings data Q4 2024

General Dynamics reports strong Q4 earnings and optimistic 2023 forecast

General Dynamics delivered strong financial performance in Q4 2022, with revenue growth, record backlog, and solid segment results, positioning the company for continued success.
While facing challenges such as margin pressures in certain segments, the company is actively addressing them and leveraging opportunities in international markets and product certifications for future growth.
With a well-balanced portfolio and optimistic 2023 forecast, General Dynamics remains a robust player in the defense industry, poised for sustained performance and strategic expansion.
Investors can be confident in General Dynamics' ability to navigate challenges, capitalize on opportunities, and drive growth, supported by a strong operational foundation and market positioning.

General Dynamics reports solid Q1 earnings, anticipates supply chain improvements

General Dynamics delivered strong financial performance in Q1 2023, driven by Combat and Marine Systems.
Supply chain issues impacted Aerospace but are expected to improve for a robust second half.
The company anticipates continued demand in Combat Systems and margin improvements in the upcoming quarters.
Revenue synergies from merging businesses in Mission Tech are driving positive order performance.

General Dynamics reports solid Q2 earnings amidst supply chain challenges

General Dynamics delivered strong Q2 results with revenue growth in key segments, a healthy backlog, and promising growth opportunities. While facing supply chain challenges, the company is strategically positioned to capitalize on joint bids and organic growth. Continued focus on operational efficiency and leveraging strategic partnerships will be key to sustained growth.

General Dynamics posts robust Q3 results amidst margin challenges

General Dynamics reported strong financials with revenue growth, record backlog, and solid cash flow. While facing margin challenges and G700 certification uncertainty, the company is focused on efficiency improvements and margin protection. Opportunities lie in defense segment growth and increased artillery demand.

General Dynamics posts strong Q4 earnings, eyes aerospace growth

General Dynamics delivered robust financial performance in Q4 2023, showcasing growth in revenue and operating earnings across key segments. The company projects significant revenue growth in aerospace and a positive outlook for 2024, aiming for increased profitability and expansion.

General Dynamics posts solid Q1 earnings, eyes margin improvement

General Dynamics delivered strong financial performance in Q1 2024 across key divisions
Challenges include negative free cash flow, margin issues in Aerospace, and debt position
Opportunities lie in positive cash flow outlook, supply chain improvements, and margin enhancement
Overall, GD is focused on cash conversion, margin improvement, and meeting delivery targets

General Dynamics posts strong Q2 earnings amidst delivery challenges

General Dynamics delivered strong financial performance in Q2 2024, driven by revenue growth across key segments.
While facing challenges with G700 deliveries and supply chain issues, the company maintains a focus on improving margins.
Opportunities lie in robust order intake, enhanced delivery efficiency, and steady growth in key segments.
Overall, General Dynamics remains well-positioned for growth and profitability in the coming quarters.

General Dynamics reports robust Q3 earnings amidst delivery challenges

General Dynamics delivered strong financial performance in Q3 2024 driven by Aerospace and Marine Systems
Challenges in G700 deliveries and supply chain issues were noted, impacting cash flow conversion target
The company remains optimistic about opportunities for growth and expects solid performance in the coming quarters

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Cost of revenue

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SG&A

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EBITDA

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General Dynamics Corp. is a global aerospace and defense company, which engages in design, engineering, and manufacturing to deliver solutions. It operates through the following business segments: Aerospace, Marine Systems, Combat Systems, and Technologies. The Aerospace segment includes the production of business jets, technology aircraft, repair, support and completion services. The Marine Systems segment involves the design and building of nuclear-powered submarines, surface combatant, and auxiliary ship design and construction. The Combat Systems segment focuses on manufacturing and integrating land combat solutions, wheeled and tracked combat vehicles, weapons systems and munitions. The Technologies segment consists of services, technologies, and products for electronic hardware with its software. The company was founded on February 21, 1952 and is headquartered in Reston, VA.

Members of the U.S. Senate, Congress, and House of Representatives have reported several suspicious trades in 2024, which could show a direct conflict of interest and be labeled as insider trading once their decisions could affect stock performances.

This U.S. politician just reported a highly suspicious defense stock trade

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Lockheed Martin and General Dynamics on Tuesday announced an agreement to build solid rocket motors amid an ongoing shortage that has capped production of missiles.

Lockheed Martin and General Dynamics announce pact to build rocket motors

Rheinmetall's growth highlights Europe's defense modernization needs, benefiting both German and U.S. defense giants like General Dynamics. GD posted strong Q2 results with revenue growth across all segments, driven by increased demand for tanks, jets, and shipbuilding. GD's financial strength, dividend reliability, and long-term growth prospects make it a solid pick for investors seeking exposure to the defense sector.

I'm Convinced General Dynamics Is One Of The Best Dividend Aristocrats On The Market

General Dynamics stock is in a flat base after the earnings report. The defense stock is near record highs.

Defense Stock Could Hit Profit Growth Not Seen In 5 Years

RESTON, Va. , Aug. 7, 2024 /PRNewswire/ -- The board of directors of General Dynamics (NYSE: GD) today declared a regular quarterly dividend of $1.42 per share on the company's common stock, payable November 15, 2024, to shareholders of record on October 11, 2024.

General Dynamics Board Declares Dividend

GROTON, Conn. , Aug. 5, 2024 /PRNewswire/ -- General Dynamics Electric Boat, a business unit of General Dynamics (NYSE: GD), announced today it has been awarded a $1.3 billion undefinitized contract modification allowing Electric Boat to purchase long lead time materials for Virginia Class Block VI submarines as detailed in the U.S. Department of Defense contract award.

General Dynamics Electric Boat awarded $1.3 billion contract modification for long lead time material for Virginia-class submarines

RESTON, Va., Aug. 1, 2024 /PRNewswire/ -- General Dynamics (NYSE:GD) announced today that Kevin Graney, who currently serves as president of Electric Boat, has informed the company that he will retire at the end of the year.

General Dynamics Announces Rayha to Succeed Graney as President of Electric Boat

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General Dynamics reported terrific Q2 results -- and investors sold off the stock anyway. General Dynamics reported a book-to-bill ratio below 1 for the second quarter in the past three.

Bad News for Defense Investors: General Dynamics' Terrific Growth Won't Last

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General Dynamics beat on sales but missed on earnings this morning -- barely. Revenue surged at the company's Gulfstream jets division, and both sales and earnings growth in general looked very strong.

Why General Dynamics Stock Slumped 4% Today

General Dynamics' (GD) Q2 revenues of $11.98 billion beat the Zacks Consensus Estimate by 3.9% and also improved 18% from the prior-year reported figure.

General Dynamics (GD) Q2 Earnings Lag, Revenues Rise Y/Y

General Dynamics Corporation (NYSE:GD ) Q2 2024 Earnings Conference Call July 24, 2024 9:00 AM ET Company Participants Nicole Shelton - Vice President, Investor Relations Phebe Novakovic - Chairman and Chief Executive Officer Kimberly Kuryea - Senior Vice President, Chief Financial Officer Conference Call Participants David Strauss - Barclays Peter Arment - Baird Robert Spingarn - Melius Research Cai von Rumohr - TD Cowen Jason Gursky - Citi George Shapiro - Shapiro Research Kenneth Herbert - RBC Capital Markets Douglas Harned - Bernstein Myles Walton - Wolfe Research Scott Deuschle - Deutsche Bank Robert Stallard - Vertical Research Seth Seifman - JPMorgan Ellen Page - Jefferies Noah Poponak - Goldman Sachs Matthew Akers - Wells Fargo Operator Good morning, and welcome to the General Dynamics Second Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.

General Dynamics Corporation (GD) Q2 2024 Earnings Call Transcript

General Dynamics (GD) reported second-quarter results Wednesday that revealed a sizable revenue bump driven by increased aircraft deliveries.

General Dynamics Posts Higher Q2 Aircraft Deliveries

While the top- and bottom-line numbers for General Dynamics (GD) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

General Dynamics (GD) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

General Dynamics (GD) came out with quarterly earnings of $3.26 per share, missing the Zacks Consensus Estimate of $3.30 per share. This compares to earnings of $2.70 per share a year ago.

General Dynamics (GD) Misses Q2 Earnings Estimates

General Dynamics reported an 18% rise in second-quarter revenue on Wednesday, helped by higher demand for its ammunitions and nuclear-powered submarines.

General Dynamics quartely revenue rises on higher defense demand

Revenue of $12 billion, up 18% from year-ago quarter Operating earnings of $1.2 billion, up 20.2% from year-ago quarter Diluted EPS of $3.26, up 20.7% from year-ago quarter Operating margin of 9.7%, a 20-basis-point expansion from year-ago quarter RESTON, Va. , July 24, 2024 /PRNewswire/ -- General Dynamics (NYSE: GD) today reported second-quarter 2024 revenue of $12 billion, up 18% from the second quarter of 2023.

General Dynamics Reports Second-Quarter 2024 Financial Results

General Dynamics Corporation GD will release its financial results for the second quarter, before the opening bell on Wednesday, July 24.

General Dynamics Likely To Report Higher Q2 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

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General Dynamics' (GD) second-quarter earnings are likely to have benefited from improved revenues across its segments, along with lower interest expenses and an improved operating margin.

News for General Dynamics Stock (GD)