GD Financial Statements

Balance sheet, income statement, cash flow, and dividends for General Dynamics Corp (GD).


$72.45B Market Cap.

As of 02/08/2025 5:00 PM ET (MRY) • Disclaimer

GD Market Cap. (MRY)


GD Shares Outstanding (MRY)


GD Assets (MRY)


Total Assets

$55.88B

Total Liabilities

$33.82B

Total Investments

$0

GD Income (MRY)


Revenue

$47.72B

Net Income

$3.78B

Operating Expense

$2.57B

GD Cash Flow (MRY)


CF Operations

$4.11B

CF Investing

-$953.00M

CF Financing

-$3.37B

GD Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2024

$5.58

2.10%

6.90%

40.41%

2.47

2023

$5.22

2.00%

5.03%

43.00%

2.33

2022

$4.97

2.00%

6.42%

40.37%

2.48

2021

$4.67

2.20%

8.10%

40.22%

2.49

2020

$4.32

2.90%

-

39.13%

2.56

GD Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$55,880,000,000 (1.95%)

$54,810,000,000 (6.25%)

$51,585,000,000 (3.02%)

$50,073,000,000 (-2.41%)

Assets Current

$24,386,000,000 (3.26%)

$23,615,000,000 (12.12%)

$21,063,000,000 (5.38%)

$19,987,000,000 (-7.22%)

Assets Non-Current

$31,494,000,000 (0.96%)

$31,195,000,000 (2.20%)

$30,522,000,000 (1.45%)

$30,086,000,000 (1.08%)

Goodwill & Intangible Assets

$22,076,000,000 (-0.75%)

$22,242,000,000 (0.38%)

$22,158,000,000 (0.37%)

$22,076,000,000 (-0.42%)

Shareholders Equity

$22,063,000,000 (3.59%)

$21,299,000,000 (14.71%)

$18,568,000,000 (5.25%)

$17,641,000,000 (12.64%)

Property Plant & Equipment Net

$6,467,000,000 (4.34%)

$6,198,000,000 (5.05%)

$5,900,000,000 (8.92%)

$5,417,000,000 (6.22%)

Cash & Equivalents

$1,697,000,000 (-11.29%)

$1,913,000,000 (54.03%)

$1,242,000,000 (-22.52%)

$1,603,000,000 (-43.24%)

Accumulated Other Comprehensive Income

-$1,518,000,000 (-30.97%)

-$1,159,000,000 (46.14%)

-$2,152,000,000 (-12.08%)

-$1,920,000,000 (45.92%)

Deferred Revenue

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Investments

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Non-Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Inventory

$9,724,000,000 (13.36%)

$8,578,000,000 (35.68%)

$6,322,000,000 (18.39%)

$5,340,000,000 (-7.05%)

Trade & Non-Trade Receivables

$11,225,000,000 (2.04%)

$11,001,000,000 (-6.79%)

$11,803,000,000 (2.29%)

$11,539,000,000 (3.16%)

Trade & Non-Trade Payables

$3,344,000,000 (8.05%)

$3,095,000,000 (-8.92%)

$3,398,000,000 (7.29%)

$3,167,000,000 (7.28%)

Accumulated Retained Earnings (Deficit)

$41,487,000,000 (5.65%)

$39,270,000,000 (4.99%)

$37,403,000,000 (5.60%)

$35,420,000,000 (5.74%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Debt

$8,762,000,000 (-5.39%)

$9,261,000,000 (-11.77%)

$10,496,000,000 (-8.69%)

$11,495,000,000 (-11.56%)

Debt Current

$1,502,000,000 (196.25%)

$507,000,000 (-59.54%)

$1,253,000,000 (24.68%)

$1,005,000,000 (-66.53%)

Debt Non-Current

$7,260,000,000 (-17.07%)

$8,754,000,000 (-5.29%)

$9,243,000,000 (-11.89%)

$10,490,000,000 (4.95%)

Total Liabilities

$33,817,000,000 (0.91%)

$33,511,000,000 (1.50%)

$33,017,000,000 (1.80%)

$32,432,000,000 (-9.02%)

Liabilities Current

$17,824,000,000 (8.47%)

$16,432,000,000 (7.11%)

$15,341,000,000 (9.75%)

$13,978,000,000 (-12.44%)

Liabilities Non-Current

$15,993,000,000 (-6.36%)

$17,079,000,000 (-3.38%)

$17,676,000,000 (-4.22%)

$18,454,000,000 (-6.24%)

GD Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$47,716,000,000 (12.88%)

$42,272,000,000 (7.27%)

$39,407,000,000 (2.44%)

$38,469,000,000 (1.43%)

Cost of Revenue

$40,352,000,000 (13.35%)

$35,600,000,000 (8.59%)

$32,785,000,000 (2.26%)

$32,061,000,000 (1.46%)

Selling General & Administrative Expense

$2,568,000,000 (5.81%)

$2,427,000,000 (0.66%)

$2,411,000,000 (7.39%)

$2,245,000,000 (2.42%)

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Operating Expenses

$2,568,000,000 (5.81%)

$2,427,000,000 (0.66%)

$2,411,000,000 (7.39%)

$2,245,000,000 (2.42%)

Interest Expense

$324,000,000 (-5.54%)

$343,000,000 (-5.77%)

$364,000,000 (-14.15%)

$424,000,000 (-11.11%)

Income Tax Expense

$758,000,000 (13.30%)

$669,000,000 (3.56%)

$646,000,000 (4.87%)

$616,000,000 (7.88%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

$3,782,000,000 (14.09%)

$3,315,000,000 (-2.21%)

$3,390,000,000 (4.08%)

$3,257,000,000 (2.84%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

$3,782,000,000 (14.09%)

$3,315,000,000 (-2.21%)

$3,390,000,000 (4.08%)

$3,257,000,000 (2.84%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

$3,782,000,000 (14.09%)

$3,315,000,000 (-2.21%)

$3,390,000,000 (4.08%)

$3,257,000,000 (2.84%)

Weighted Average Shares

$274,968,619 (0.76%)

$272,896,860 (-0.60%)

$274,548,961 (-1.67%)

$279,222,830 (-2.70%)

Weighted Average Shares Diluted

-

-

-

-

Earning Before Interest & Taxes (EBIT)

$4,864,000,000 (12.41%)

$4,327,000,000 (-1.66%)

$4,400,000,000 (2.40%)

$4,297,000,000 (1.95%)

Gross Profit

$7,364,000,000 (10.37%)

$6,672,000,000 (0.76%)

$6,622,000,000 (3.34%)

$6,408,000,000 (1.31%)

Operating Income

$4,796,000,000 (12.98%)

$4,245,000,000 (0.81%)

$4,211,000,000 (1.15%)

$4,163,000,000 (0.73%)

GD Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$953,000,000 (-1.28%)

-$941,000,000 (36.80%)

-$1,489,000,000 (-68.82%)

-$882,000,000 (9.45%)

Net Cash Flow from Financing

-$3,369,000,000 (-8.89%)

-$3,094,000,000 (10.86%)

-$3,471,000,000 (24.38%)

-$4,590,000,000 (-408.31%)

Net Cash Flow from Operations

$4,112,000,000 (-12.70%)

$4,710,000,000 (2.86%)

$4,579,000,000 (7.21%)

$4,271,000,000 (10.71%)

Net Cash Flow / Change in Cash & Cash Equivalents

-$216,000,000 (-132.19%)

$671,000,000 (285.87%)

-$361,000,000 (70.43%)

-$1,221,000,000 (-163.53%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Capital Expenditure

-$916,000,000 (-1.33%)

-$904,000,000 (18.85%)

-$1,114,000,000 (-25.59%)

-$887,000,000 (8.27%)

Issuance (Repayment) of Debt Securities

-$500,000,000 (60.00%)

-$1,250,000,000 (-25.00%)

-$1,000,000,000 (33.20%)

-$1,497,000,000 (-246.91%)

Issuance (Purchase) of Equity Shares

-$1,501,000,000 (-245.85%)

-$434,000,000 (64.69%)

-$1,229,000,000 (32.77%)

-$1,828,000,000 (-211.41%)

Payment of Dividends & Other Cash Distributions

-$1,529,000,000 (-7.07%)

-$1,428,000,000 (-4.31%)

-$1,369,000,000 (-4.11%)

-$1,315,000,000 (-6.05%)

Effect of Exchange Rate Changes on Cash

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Share Based Compensation

$183,000,000 (1.10%)

$181,000,000 (9.70%)

$165,000,000 (30.95%)

$126,000,000 (-1.56%)

Depreciation Amortization & Accretion

$644,000,000 (5.92%)

$608,000,000 (3.75%)

$586,000,000 (3.17%)

$568,000,000 (8.60%)

GD Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

15.40% (-2.53%)

15.80% (-5.95%)

16.80% (0.60%)

16.70% (0.00%)

Profit Margin

7.90% (1.28%)

7.80% (-9.30%)

8.60% (1.18%)

8.50% (1.19%)

EBITDA Margin

11.50% (-1.71%)

11.70% (-7.87%)

12.70% (0.79%)

12.60% (0.80%)

Return on Average Equity (ROAE)

17.10% (3.01%)

16.60% (-12.17%)

18.90% (-6.90%)

20.30% (-7.73%)

Return on Average Assets (ROAA)

6.80% (9.68%)

6.20% (-6.06%)

6.60% (3.13%)

6.40% (3.23%)

Return on Sales (ROS)

10.20% (0.00%)

10.20% (-8.93%)

11.20% (0.00%)

11.20% (0.90%)

Return on Invested Capital (ROIC)

20.80% (11.83%)

18.60% (-2.62%)

19.10% (9.77%)

17.40% (0.58%)

Dividend Yield

2.10% (5.00%)

2.00% (0.00%)

2.00% (-9.09%)

2.20% (-24.14%)

Price to Earnings Ratio (P/E)

19.08 (-10.80%)

21.39 (6.13%)

20.16 (12.25%)

17.96 (33.20%)

Price to Sales Ratio (P/S)

1.52 (-9.43%)

1.68 (-3.07%)

1.73 (14.28%)

1.51 (34.37%)

Price to Book Ratio (P/B)

3.28 (-1.29%)

3.33 (-9.32%)

3.67 (11.18%)

3.3 (21.01%)

Debt to Equity Ratio (D/E)

1.53 (-2.54%)

1.57 (-11.53%)

1.78 (-3.26%)

1.84 (-19.24%)

Earnings Per Share (EPS)

13.81 (13.76%)

12.14 (-1.38%)

12.31 (6.03%)

11.61 (5.16%)

Sales Per Share (SPS)

173.53 (12.03%)

154.9 (7.92%)

143.53 (4.18%)

137.77 (4.25%)

Free Cash Flow Per Share (FCFPS)

11.62 (-16.66%)

13.95 (10.51%)

12.62 (4.14%)

12.12 (20.30%)

Book Value Per Share (BVPS)

80.24 (2.81%)

78.05 (15.40%)

67.63 (7.05%)

63.18 (15.77%)

Tangible Assets Book Value Per Share (TABVPS)

122.94 (3.01%)

119.34 (11.34%)

107.18 (6.90%)

100.27 (-1.25%)

Enterprise Value Over EBIT (EV/EBIT)

16 (-11.11%)

18 (0.00%)

18 (12.50%)

16 (23.08%)

Enterprise Value Over EBITDA (EV/EBITDA)

14.46 (-9.44%)

15.96 (3.20%)

15.47 (9.46%)

14.13 (22.58%)

Asset Turnover

0.85 (7.43%)

0.79 (2.85%)

0.77 (1.58%)

0.76 (2.98%)

Current Ratio

1.37 (-4.80%)

1.44 (4.66%)

1.37 (-3.99%)

1.43 (6.00%)

Dividends

$5.58 (6.90%)

$5.22 (5.03%)

$4.97 (6.42%)

$4.67 (8.10%)

Free Cash Flow (FCF)

$3,196,000,000 (-16.03%)

$3,806,000,000 (9.84%)

$3,465,000,000 (2.39%)

$3,384,000,000 (17.05%)

Enterprise Value (EV)

$79,617,481,420 (1.08%)

$78,766,127,636 (2.14%)

$77,113,342,714 (12.18%)

$68,738,583,370 (25.87%)

Earnings Before Tax (EBT)

$4,540,000,000 (13.96%)

$3,984,000,000 (-1.29%)

$4,036,000,000 (4.21%)

$3,873,000,000 (3.61%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$5,508,000,000 (11.61%)

$4,935,000,000 (-1.02%)

$4,986,000,000 (2.49%)

$4,865,000,000 (2.68%)

Invested Capital

$23,045,000,000 (-1.87%)

$23,484,000,000 (0.62%)

$23,340,000,000 (-2.39%)

$23,911,000,000 (2.41%)

Working Capital

$6,562,000,000 (-8.65%)

$7,183,000,000 (25.53%)

$5,722,000,000 (-4.78%)

$6,009,000,000 (7.71%)

Tangible Asset Value

$33,804,000,000 (3.80%)

$32,568,000,000 (10.67%)

$29,427,000,000 (5.11%)

$27,997,000,000 (-3.92%)

Market Capitalization

$72,451,481,420 (2.24%)

$70,863,127,636 (4.03%)

$68,118,342,714 (17.02%)

$58,209,583,370 (36.30%)

Average Equity

$22,120,500,000 (10.85%)

$19,955,250,000 (11.46%)

$17,903,500,000 (11.86%)

$16,005,750,000 (11.41%)

Average Assets

$55,970,000,000 (5.11%)

$53,246,750,000 (4.38%)

$51,014,500,000 (0.73%)

$50,647,250,000 (-1.42%)

Invested Capital Average

$23,333,750,000 (0.26%)

$23,273,250,000 (0.91%)

$23,063,250,000 (-6.62%)

$24,697,750,000 (1.47%)

Shares

274,968,619 (0.76%)

272,896,860 (-0.60%)

274,548,961 (-1.67%)

279,222,830 (-2.70%)