NYSE: GD
General Dynamics Corporation
Industrials · Aerospace & Defense
Pre-market: $361.07(-0.49%) · as of 5:46 AM ET
Market Cap
$98.12B
52w High
$369.70
52w Low
$275.49
P/E
22.91
Volume
630.87K
Outstanding Shares
270.43M
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock rose 28.98% over the last year. Revenue grew 9.35% over the trailing twelve months. Operating margin moved from 10.22% to 10.24%. Free cash flow grew 85.49% over the trailing twelve months.
What the market seems to be pricing
The stock move broadly lines up with stronger business momentum, and the shares are still only around the 25th percentile of their historical P/FCF range.
What would invalidate this read
Operating margin is at 10.24%. Revenue grew 9.35% — this thesis depends on that trajectory holding. If revenue growth, margins, or free cash flow roll over while the stock keeps climbing, more of the move would be coming from multiple expansion than business progress.
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.
Valuation
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
18
Buy
15
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
Jul 22, 2026
Q3 FY26 · EPS est $3.93 · Revenue est $13.43B
View
Dividends
$6.18/shareQuarterlyDividend Achiever · 12yrEx-div Jul 2, 2026 · in 14dSafeGD pays a dividend with a 1.7% declared yield, 12 consecutive years of growth, growing at 6.5% annually, covered 2.5× by free cash flow.
Declared Yield
1.7%
Annual Div / Share
$6.18
5yr CAGR
+6.5%
Doubles every ~11.0yr
Payout Ratio
37.2%
Safe
Dividend Growth Rate
3yr CAGR
+6%
5yr CAGR
+6.5%
10yr CAGR
+8.21%
Dividend History
Annual dividends paid per share
Income Projection
Today
$1/mo
In 5 yrs
$2/mo
In 10 yrs
$3/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$17/yr $1/mo | $23/yr+37% $2/mo | $32/yr+88% $3/mo |
Yield-on-cost grows from 1.7% → 3.2% over 10yr
Analysis
Dividend Strengths
Dividend Achiever
GD has raised its dividend for 12 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Well-covered by free cash flow
The dividend is covered 2.5× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Strong dividend growth rate
The 5-year CAGR of 6.5% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.