General Dynamics (GD) Gross Margin (2009 - 2026)
General Dynamics (GD) posted Gross Margin of 47.94% for Q3 2026, down 1.15% sequentially from 48.5% in Q2 2026, and up 26.0% YoY from 38.05% in Q3 2025.
General Dynamics (GD) Gross Margin (2009 - 2026) Analysis & Trends
General Dynamics has reported Gross Margin for 18 years, with the latest figure at 47.94% in Q3 2026.
- Quarterly Gross Margin rose 26.0% year-over-year to 47.94% in Q3 2026, while the trailing twelve-month figure through Jul 2026 was 46.63% (down 169.0% YoY) and the FY2025 annual result came in at 46.78%, down 222.0% from the prior year.
- Gross Margin retreated to 47.94% in Q3 2026 per GD's latest filing, from 48.5% in the prior quarter.
- Over five years, Gross Margin peaked at 54.63% in Q3 2022 and troughed at 42.88% in Q4 2025.
- A 5-year average of 49.69% and a median of 49.65% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2024: Gross Margin surged 136 bps in 2022, then tumbled 396 bps in 2024.
- Over 5 years, Gross Margin stood at 48.44% in 2022, then advanced by 2 bps to 49.55% in 2023, then fell by 8 bps to 45.58% in 2024, then retreated by 6 bps to 42.88% in 2025, then grew by 12 bps to 47.94% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 47.94%, 48.5%, and 42.88% for Q3 2026, Q2 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | 52.07% |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 40.09% |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | 9.83% |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | 12.19% |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 37.34% |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | 47.94% |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | 34.21% |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | 59.39% |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | 25.54% |
| 10 | Axon Enterprise | 49.43 Bn | 48.76 Bn | 546.45 Mn | 60.42% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 5, 2026 | 47.94% |
| Apr 5, 2026 | 48.50% |
| Dec 31, 2025 | 42.88% |
| Sep 28, 2025 | 47.41% |
| Jun 29, 2025 | 47.68% |
| Mar 30, 2025 | 49.76% |
| Dec 31, 2024 | 45.58% |
| Sep 29, 2024 | 50.65% |
| Jun 30, 2024 | 48.84% |
| Mar 31, 2024 | 51.64% |
| Dec 31, 2023 | 49.55% |
| Oct 1, 2023 | 51.30% |
| Jul 2, 2023 | 51.59% |
| Apr 2, 2023 | 53.03% |
| Dec 31, 2022 | 48.44% |
| Oct 2, 2022 | 50.83% |
| Jul 3, 2022 | 54.63% |
| Apr 3, 2022 | 54.09% |
| Dec 31, 2021 | 48.75% |
| Oct 3, 2021 | 52.42% |