# General Dynamics Corporation (GD) — Stock CV

General Dynamics Corporation is a $89.8B industrial company. Revenue grew 9.1% over the last year, it keeps 8¢ of every dollar of sales as profit, and its net debt equals ~0.9 years of free cash flow. It trades at 20.0× earnings — in the cheapest third of its own history.

> General Dynamics is a defense contractor and business jet manufacturer. The firm's segments are aerospace, marine, combat systems, and technologies.

## Identity

- **Ticker**: GD
- **Sector**: Industrials
- **Industry**: Ship & Boat Building & Repairing
- **Headquarters**: RESTON, VA
- **Employees**: 117 000
- **Website**: https://www.gd.com
- **Market cap**: $89.8B
- **Last price**: $332.00
- **Financial profile**: Mixed

## Vitals (TTM)

- **Revenue**: $54.9B
- **Net income**: $4.49B
- **Free cash flow**: $6.45B
- **Net debt**: $5.71B
- **P/E**: 20.0
- **Revenue growth (YoY)**: 9.1%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 85 |
| Growth | 48 |
| Profitability | 57 |
| Health | 57 |
| Quality | 95 |
| Moat | 63 |

## Qualifications (beginner checklist) — 10 of 11 passed

- [x] Revenue growing — +9.1% YoY
- [x] Profitable — $4.49B TTM
- [x] Profit growing — +8.2% YoY
- [x] Generates cash — $6.45B TTM
- [x] Debt under control — ~0.9y of cash flow to repay
- [x] Established company — $89.8B market cap
- [x] Not printing shares — -2.5% shares over ~5y
- [x] Proven track record — 10/10 profitable years
- [ ] Financially stable — health score 37/100
- [x] Pays a dividend — yield 1.83%
- [x] Valuation not extreme — P/E 20.0

## Experience (career milestones)

- **FY2025** — Revenue crossed $50B: $52.5B for the year
- **FY2025** — Best year on record: $4.21B net income
- **2018** — General Dynamics acquired information technology services company CSRA for $9.7 billion and merged the…
- **FY2016** — Profitable every year on record: 10 consecutive profitable years in our data
- **FY2016** — Revenue already above $10B: $31.4B in first reported year
- **FY2016** — Positive free cash flow every year since: 10-year streak
- **2003** — The company acquired the Austrian vehicle manufacturer Steyr-Daimler-Puch Spezialfahrzeug, adding it to the…
- **1999** — General Dynamics expanded beyond its defense industry focus with the acquisition of Gulfstream Aerospace,…
- **1982** — GD had purchased Chrysler's defense divisions in 1982, renaming them General Dynamics Land Systems
- **1965** — General Dynamics reorganized into 12 operating divisions based on product lines
- **1963** — General Dynamics purchased the Quincy Shipbuilding Works from Bethlehem Steel
- **1959** — The same year, Chicago industrialist Henry Crown became the company's largest shareholder and merged his Material…
- **1957** — And controlled it as a…
- **Apr 29, 1954** — The merger between Electric Boat and Convair became official and the company was named General…
- **1952** — Hopkins reorganized Electric Boat as a holding company, General Dynamics Corporation

## Strengths

- Interest covered 17.3× by operating earnings
- Piotroski F-Score 8/9 — fundamentally strong checklist

## Watch-outs

- None stand out in the data.

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $38.5B | $3.26B | $3.38B |
| FY2022 | $39.4B | $3.39B | $3.46B |
| FY2023 | $42.3B | $3.31B | $3.81B |
| FY2024 | $47.7B | $3.78B | $3.20B |
| FY2025 | $52.5B | $4.21B | $3.96B |

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Source: https://stockcv.com/GD — derived from company filings; may be delayed or incomplete. Information, not investment advice.