NYSE · GD
General Dynamics Corporation
Industrials · Aerospace & Defense
$331.83▼ 0.15% ($0.51)at close
Pre-market$332.00▲ 0.05%7:35 AM ET
Valuation
Cash-flow DCF
Verdict: cheap. Price below all scenarios.
The price holds with free cash flow shrinking 8.2% a year for 5 years. Our scenarios assume −5.4–24.6%.
That's below its past 10-year pace of 9.6%.
Value per share
Base case
$762.04
Price used $331.83 is 56% below this
USD · TTM ending Jul 5, 2026 · Price Sep 30, 8:00 PM UTC
Market beta (0.32) is below the minimum default of 0.5 — short lookback windows can understate systematic risk. Beta floored at 0.5 for default assumptions; adjust manually if needed.
1 more note
Reported total debt includes capitalised leases (~21% of the total). They are excluded from net debt and from the WACC weights because rent is already charged inside operating income. The Net Debt shown here is therefore lower than the balance-sheet figure elsewhere on this page.
Free cash flow each value needs
Free cash flow today $6.6B. The price needs $5.5B by 2036. Base case: $13.4B. At its recent pace: $16.4B. Bear to Bull: $5.9B to $37.2B.
Free cash flow today $6.6B. The price needs $5.5B by 2036. Base case: $13.4B. At its recent pace: $16.4B. Bear to Bull: $5.9B to $37.2B.
Free cash flow in 2036
today $6.6B
−$7.9Bless than the Base case
Value per share · Base case
$762.04
Price $331.83
56% below this
- Stage 1 growth, yrs 1–5
- 9.6%
- Stage 2 growth, yrs 6–10
- 5.3%
- Discount rate
- 7.6%
Market beta (0.32) is below the minimum default of 0.5 — short lookback windows can understate systematic risk. Beta floored at 0.5 for default assumptions; adjust manually if needed.
1 more note
Reported total debt includes capitalised leases (~21% of the total). They are excluded from net debt and from the WACC weights because rent is already charged inside operating income. The Net Debt shown here is therefore lower than the balance-sheet figure elsewhere on this page.
USD · TTM ending Jul 5, 2026 · Price Sep 30, 8:00 PM UTC
What each scenario assumes. Click a column to start from it.
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 2.69% over the last year. Revenue grew 9.13% over the trailing twelve months. Operating margin moved from 10.3% to 10.32%. Free cash flow grew 56.1% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 10.32%. A decisive move in revenue — currently up 9.13% — would be the clearest signal to resolve the ambiguity.
Return analysis
Company profile
General Dynamics Corporation is a global leader in the aerospace and defense industry, with its operations structured across four key divisions: Aerospace, Marine Systems, Combat Systems, and Technologies.
Market multiples
Stock splits
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1250 shares became 1517
Every 5000 shares became 5787
Every 1 shares became 2
Every 2 shares became 5
Profitability & growth
Analyst consensus
20
Buy
14
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Oct 28, 2026
Q3 FY26 · EPS est $4.13 · Revenue est $13.72B
View
Institutional Sentiment
General Dynamics Corporation · GD
From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.