General Dynamics (GD) Invested Capital (2009 - 2026)
General Dynamics (GD) recorded Invested Capital of $34.34 billion in Q2 2026, up 6.3% from $32.29 billion a year earlier and up 0.7% from the prior quarter.
General Dynamics (GD) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, General Dynamics reported Invested Capital of $33.64 billion, up 9.1% from FY2024.
- Annual Invested Capital has increased for three straight years, with a five-year compound annual growth rate of 3.3% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $30.83 billion in FY2024 (+0.9%), $30.56 billion in FY2023 (+5.1%), $29.06 billion in FY2022 (-0.2%) and $29.14 billion in FY2021 (+1.7%).
- The Q2 2026 figure is the highest quarterly Invested Capital in data going back to Q2 2009.
- On a year-over-year basis, Invested Capital has increased for 14 consecutive quarters, with growth averaging 5.2% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 10.4% in Q3 2024, against a decline of 2.5% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $34.09 billion (Q1 2026), $33.64 billion (Q4 2025) and $32.45 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 324.20 Bn | 278.20 Bn | 4.68 Bn | 37.02 Bn |
| 2 | Rtx | 249.38 Bn | 222.59 Bn | 5.13 Bn | 105.50 Bn |
| 3 | Boeing | 152.06 Bn | 58.76 Bn | 2.41 Bn | 52.02 Bn |
| 4 | Lockheed Martin | 116.66 Bn | 103.39 Bn | 2.45 Bn | 29.31 Bn |
| 5 | Howmet Aerospace | 91.36 Bn | 86.97 Bn | 951.00 Mn | 10.68 Bn |
| 6 | General Dynamics | 90.03 Bn | 77.14 Bn | 2.18 Bn | 34.34 Bn |
| 7 | Motorola Solutions | 74.17 Bn | 70.53 Bn | 1.68 Bn | 11.72 Bn |
| 8 | Northrop Grumman | 68.46 Bn | 57.71 Bn | 2.12 Bn | 32.31 Bn |
| 9 | Honeywell International | 67.76 Bn | 20.21 Bn | 3.65 Bn | 52.87 Bn |
| 10 | TransDigm | 60.65 Bn | 48.74 Bn | 1.63 Bn | 23.68 Bn |
Historic Data
| Date | Value |
|---|---|
| Jul 5, 2026 | 34.34 Bn |
| Apr 5, 2026 | 34.09 Bn |
| Dec 31, 2025 | 33.64 Bn |
| Sep 28, 2025 | 32.45 Bn |
| Jun 29, 2025 | 32.29 Bn |
| Mar 30, 2025 | 31.83 Bn |
| Dec 31, 2024 | 30.83 Bn |
| Sep 29, 2024 | 32.24 Bn |
| Jun 30, 2024 | 31.30 Bn |
| Mar 31, 2024 | 30.67 Bn |
| Dec 31, 2023 | 30.56 Bn |
| Oct 1, 2023 | 29.21 Bn |
| Jul 2, 2023 | 29.23 Bn |
| Apr 2, 2023 | 29.59 Bn |
| Dec 31, 2022 | 29.06 Bn |
| Oct 2, 2022 | 29.14 Bn |
| Jul 3, 2022 | 28.88 Bn |
| Apr 3, 2022 | 29.51 Bn |
| Dec 31, 2021 | 29.14 Bn |
| Oct 3, 2021 | 29.39 Bn |
General Dynamics Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=GD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "GD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=GD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();