GD
General DynamicsPrevious close
372.59
Change
+1.77 / +0.48%
P/E (TTM) ?
23.0
Market Cap
$101B
1M
+12.28%
S&P 500 −0.91% over same period
Volume / Avg Volume
2.5M / 1.1M
2.25× average
Latest earnings analysisFY2026 Q2Reported 2026-07-29
General Dynamics Q2 2026: revenue up 8.1%, EPS $4.24 beats consensus
General Dynamics grew revenue 8.1% to $14.09 billion and diluted EPS 13.4% to $4.24 in the fiscal 2026 second quarter, beating the $4.0905 consensus EPS estimate, while operating margin expanded to 10.4%. Aerospace and Marine Systems did the heavy lifting, and a 1.4-to-1 book-to-bill lifted backlog to $136.5 billion. The read: execution is improving and cash conversion is strong, but Combat Systems is standing still.
Read the full analysis →Revenue$14.09BYoY +8.10%
EPS$4.24Beatest. $4.09
Next-day move+0.33%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-07 | 2026-07-29 | $14.1B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-04 | 2026-04-29 | $13.5B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-01-28 | $52.5B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-10-24 | $12.9B | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-07-23 | $13.0B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-04-23 | $12.2B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
A 5-year P/E range needs a longer earnings record; not yet comparable
Last 4 quarters: $641M in buybacks + $1.7B in dividends, 2.28% of market cap combined
P/E (TTM)
23.0
P/B
3.9
P/S
1.9
Dividend Yield
2.13%
Earnings Reaction
Over the last 6 reports, the stock moved ±1.3% on average on the first trading day after, rising 4 times
Most recent +0.33%
Volatility & Correlation
1-year beta 0.29 · Correlation with S&P 500 0.17Low beta
Annualized volatility 23% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 0 · $0.00MSell 5 · $41.8MNet selling $41.8M
- 09-23STEEL ROBERT KDirectorSell$2.6M7,440 shares · 4 trades · Avg price 346.05
- 08-10Wall Peter ADirectorSell$0.79M1,990 shares · Avg price 396.43
- 08-05Brady Christopher JVice PresidentSell$2.4M6,320 shares · Avg price 383.32
- 08-03NOVAKOVIC PHEBE NChairman and CEOSell$19.7M51,568 shares · 4 trades · Avg price 382.58
- 07-31Gilliland Marguerite AmyExecutive Vice PresidentSell$16.3M43,180 shares · 2 trades · Avg price 378.04
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q3 | 14.57 | +12.9% | — | 1.23 | — |
| FY2026 Q2 | 14.09 | +8.1% | — | 1.16 | — |
| FY2026 Q1 | 13.48 | +10.3% | — | 1.13 | — |
| FY2025 Q4 | 14.38 | +7.8% | — | 1.14 | — |
| FY2025 Q3 | 12.91 | +10.6% | — | 1.06 | — |
| FY2025 Q2 | 13.04 | +8.9% | — | 1.01 | — |
| FY2025 Q1 | 12.22 | +13.9% | — | 0.99 | — |
| FY2024 Q4 | 13.34 | +14.3% | — | 1.15 | — |
| FY2024 Q3 | 11.67 | +10.4% | — | 0.93 | — |
| FY2024 Q2 | 11.98 | +18.0% | — | 0.91 | — |
| FY2024 Q1 | 10.73 | +8.6% | — | 0.80 | — |
| FY2023 Q4 | 11.67 | +7.5% | — | 1.01 | — |