GD vs ESLT vs TDY Stock Comparison

General Dynamics, Elbit Systems and Teledyne Technologies Prices as of Oct 23, 2026 Peers: Industry group
GD General Dynamics Corp
$349.38 +1.8% 1M +2.3% 1Y
Market cap
$96.32B
P/E
21.5x
Revenue (TTM)
$54.86B
Div. yield
–
Defense Industrials
5 wins
ESLT Elbit Systems Ltd
$735.34 -1.0% 1M +50.6% 1Y
Market cap
$35.56B
P/E
55.9x
Revenue (TTM)
$8.55B
Div. yield
0.00%
Defense Industrials
5 wins

Head to Head

11 decided of 12

General Dynamics leads on 5 of the 12 questions below (General Dynamics 5, Elbit Systems 5, Teledyne Technologies 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionGDESLTTDYLeader
Larger companyMarket capitalisation $96.32B $35.56B $29.94B GD
Cheaper on earningsLower P/E, profitable companies only 21.5x 55.9x 29.2x GD
Cheaper on forward earningsLower price / next fiscal year consensus EPS 19.9x 52.8x 24.7x GD
Faster revenue growthRevenue growth, trailing twelve months +9.1% +13.7% +8.6% ESLT
More profitableNet margin, trailing twelve months 8.2% 7.4% 15.8% TDY
Better return on capitalReturn on invested capital 13.6% 17.8% 8.1% ESLT
Less leveragedLower net debt / EBITDA 0.5x -0.9x 0.9x ESLT
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +2.3% +50.6% +16.6% ESLT
Better 5-year returnAnnualised price return, 5 years +10.8%/yr +38.2%/yr +7.0%/yr ESLT
Less volatileAnnualised volatility, 1 year 22.3% 44.4% 25.4% GD
Higher overall scoreMean of the five percentile scores vs peers 73/100 60/100 70/100 GD

Percentile Scorecard

GDESLTTDY

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisGDESLTTDY
Valuation 86 #15 of 100 46 #55 of 100 66 #35 of 100
Growth 54 #45 of 97 87 #14 of 97 38 #61 of 97
Profitability 77 #23 of 96 73 #27 of 96 82 #18 of 96
Financial Health 62 #41 of 106 58 #45 of 106 75 #27 of 106
Shareholder Returns 88 #9 of 65 38 #41 of 65 91 #7 of 65
Overall 73 60 70
  • GD ranked among 107 companies in Aerospace and Defense
  • ESLT ranked among 107 companies in Aerospace and Defense
  • TDY ranked among 107 companies in Aerospace and Defense

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodGDESLTTDYSPY
1 month +1.8%-1.0%+0.7% -1.0%
3 months -9.6%-10.3%-4.5% +2.9%
6 months +11.5%-10.5%-3.6% +6.4%
Year to date +3.8%+27.3%+22.5% +11.4%
1 year +2.3%+50.6%+16.6% +13.1%
3 years +49.9%+293.3%+62.0% +79.4%
3 years, per year +14.5%+57.9%+17.5% +21.5%
5 years +66.8%+403.7%+40.2% +67.7%
5 years, per year +10.8%+38.2%+7.0% +10.9%
10 years +132.6%+660.0%+494.9% +255.2%
10 years, per year +8.8%+22.5%+19.5% +13.5%

Risk

MeasureGDESLTTDYSPY
Volatility, 1Y 22.3%44.4%25.4% 12.7%
Downside volatility, 1Y 20.9%39.6%23.8% 12.7%
Beta vs S&P 500, 1Y 0.340.681.08 1.00
Return / volatility, 1Y 0.101.140.65 1.03
Max drawdown, 5Y -23.0%-35.5%-32.2% -25.4%
From 52-week high -11.8%-27.5%-9.5% -2.5%
52-week high $395.97$1,014.33$691.24 $779.14
52-week low $312.53$454.95$484.47 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleGDESLTTDY
P/E now vs peer median 21.0xmedian 26.2x 52.9xmedian 26.2x 28.2xmedian 26.2x
P/S now vs peer median 1.7xmedian 2.9x 4.0xmedian 2.9x 4.4xmedian 2.9x
EV/EBITDA now vs peer median 14.9xmedian 14.7x 34.4xmedian 14.7x 18.5xmedian 14.7x
P/FCF now vs peer median 14.7xmedian 24.9x 34.4xmedian 24.9x 25.2xmedian 24.9x
P/B now vs peer median 3.5xmedian 2.4x 7.7xmedian 2.4x 2.6xmedian 2.4x
PEG now vs peer median 2.05median 0.92 1.68median 0.92 -47.50median 0.92

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsGDESLTTDY
Revenue $54.86B $8.55B $6.52B
Gross profit $8.44B $2.14B $2.84B
Operating income $5.66B $787.82M $1.30B
Net income $4.49B $636.61M $1.03B
Free cash flow $6.45B $992.19M $1.15B
R&D – $582.72M $330.60M
EPS (diluted) $16.40 $13.56 $21.90
Cash & equivalents $4.33B $255.34M $562.40M
Total debt $32.26B $383.03M $2.03B
Shares (diluted) 273.52M 46.92M 46.90M
Enterprise value $83.43B $32.12B $28.17B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricGDESLTTDY
P/E 21.0x 52.9x 28.2x
P/FCF 14.7x 34.4x 25.2x
P/Operating cash flow 12.3x 34.4x 22.6x
P/S 1.7x 4.0x 4.4x
P/B 3.5x 7.7x 2.6x
P/Tangible book 3.7x 7.7x 3.1x
EV/EBITDA 14.9x 34.4x 18.5x
EV/EBIT 17.3x 42.2x 23.3x
EV/Revenue 1.8x 3.9x 4.7x
EV/FCF 15.2x 33.5x 26.5x
EV/Operating cash flow 12.7x 33.5x 23.7x
PEG (3Y EPS CAGR) 2.05 1.68 -47.50

Growth

14 metrics
MetricGDESLTTDY
Revenue growth (1Y) 9.1% 13.7% 8.6%
Revenue CAGR (3Y) 10.3% 14.4% 0.5%
Gross profit growth (1Y) 8.9% 18.5% 10.8%
Gross profit CAGR (3Y) 8.6% 14.1% -0.1%
Operating income growth (1Y) 9.4% 37.1% 23.3%
Operating income CAGR (3Y) 10.3% 26.5% 0.0%
Net income growth (1Y) 9.8% 58.0% 25.5%
Net income CAGR (3Y) 10.0% 33.7% -1.3%
EPS growth (1Y) 8.8% 50.8% 27.2%
EPS CAGR (3Y) 10.2% 31.5% -0.6%
Operating cash flow growth (1Y) 53.3% 22.1% 11.9%
Operating cash flow CAGR (3Y) 23.0% 82.7% 26.7%
Free cash flow growth (1Y) 56.1% 105.8% 10.5%
Free cash flow CAGR (3Y) 28.7% 175.7% 29.4%

Profitability

14 metrics
MetricGDESLTTDY
Gross margin 15.4% 25.0% 43.6%
EBITDA margin 12.0% 11.3% 25.3%
Operating margin 10.3% 9.2% 20.0%
Pretax margin 9.9% 8.1% 19.4%
Net margin 8.2% 7.4% 15.8%
FCF margin 11.8% 11.6% 17.6%
Operating cash flow margin 14.0% 11.6% 19.6%
Return on equity 17.0% 14.7% 9.3%
Return on assets 7.5% 4.7% 6.7%
Return on invested capital 13.6% 17.8% 8.1%
Return on capital employed 13.9% 11.0% 9.4%
Asset turnover 0.9x 0.6x 0.4x
Cash conversion (OCF / net income) 1.7x 1.6x 1.2x
Stock comp / revenue 0.4% 0.3% 0.6%

Financial Health

11 metrics
MetricGDESLTTDY
Debt / assets 12.5% 0.7% 13.0%
Debt / equity 0.3x 0.0x 0.2x
Net debt / EBITDA 0.5x -0.9x 0.9x
Debt / FCF 1.2x 0.1x 1.8x
Liabilities / assets 55.4% 68.2% 28.5%
Equity / assets 44.6% 31.8% 71.5%
Interest coverage – – 26.9x
Current ratio 1.4x 1.4x 2.3x
Quick ratio 2.8x 0.8x 1.3x
Cash ratio 0.2x 0.2x 0.4x
Altman Z-score 4.15 – 5.47

Shareholder Returns

7 metrics
MetricGDESLTTDY
Dividend yield 1.8% 0.5% –
Net buyback yield 0.4% 0.0% 1.6%
Shareholder yield 2.2% 0.5% 1.6%
Payout ratio (earnings) – 22.7% –
Payout ratio (FCF) – 14.5% –
Dividend growth (1Y) – -54.3% –
Dividend CAGR (3Y) – -17.4% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusGDESLTTDY
Forward P/E 19.9xFY2026 52.8xFY2026 24.7xFY2026
EPS, next fiscal year $17.55FY2026 $13.93FY2026 $25.31FY2026
EPS growth, next FY +13.6%FY2026 +22.3%FY2026 +15.1%FY2026
EPS growth, the year after +9.0% +21.8% +13.2%
Revenue, next fiscal year $53.42BFY2026 $8.82BFY2026 $6.15BFY2026
Revenue growth, next FY +1.7%FY2026 +11.1%FY2026 +0.4%FY2026
Revenue growth, the year after +12.7% +20.5% +5.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersGDESLTTDY
Held by institutions 86.5% 19.9% 97.2%
Institutions holding 2,217 384 886
Change in shares held, QoQ +0.1% -7.1% +2.7%
Institutions buying 1,018 202 399
Institutions selling 831 106 327
Buyers to sellers 1.23 1.91 1.22

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

GDESLTTDY
GD 1.00 0.40 0.37
ESLT 0.40 1.00 0.38
TDY 0.37 0.38 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, GD, ESLT and TDY?

General Dynamics (GD) is the largest by market capitalisation: General Dynamics (GD) $96.32B, Elbit Systems (ESLT) $35.56B, Teledyne Technologies (TDY) $29.94B.

Which stock is cheaper, GD, ESLT and TDY?

General Dynamics (GD) trades on the lowest price-to-earnings ratio (General Dynamics (GD) 21.5x, Elbit Systems (ESLT) 55.9x, Teledyne Technologies (TDY) 29.2x). On next year's consensus earnings, General Dynamics (GD) is cheapest (General Dynamics (GD) 19.9x, Elbit Systems (ESLT) 52.8x, Teledyne Technologies (TDY) 24.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Elbit Systems (ESLT) grew revenue fastest over the trailing twelve months: General Dynamics (GD) +9.1%, Elbit Systems (ESLT) +13.7%, Teledyne Technologies (TDY) +8.6%.

Which company is more profitable?

Teledyne Technologies (TDY) has the highest net margin (General Dynamics (GD) 8.2%, Elbit Systems (ESLT) 7.4%, Teledyne Technologies (TDY) 15.8%). On return on invested capital, Elbit Systems (ESLT) leads (General Dynamics (GD) 13.6%, Elbit Systems (ESLT) 17.8%, Teledyne Technologies (TDY) 8.1%).

Which stock has performed better?

Over the past year Elbit Systems (ESLT) returned the most: General Dynamics (GD) +2.3%, Elbit Systems (ESLT) +50.6%, Teledyne Technologies (TDY) +16.6%. Over five years, Elbit Systems (ESLT) compounded fastest (General Dynamics (GD) +10.8%/yr, Elbit Systems (ESLT) +38.2%/yr, Teledyne Technologies (TDY) +7.0%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, General Dynamics (GD) has been the steadiest (General Dynamics (GD) 22.3%, Elbit Systems (ESLT) 44.4%, Teledyne Technologies (TDY) 25.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, GD, ESLT and TDY?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, General Dynamics (GD) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.