General Dynamics (GD) Net Margin (2009 - 2026)
General Dynamics' (GD) quarterly Net Margin came in at 8.23% in Q3 2026, up 45.0% year-over-year from 5.68% in Q3 2025, and down 1.37% quarter-over-quarter from 8.35% in Q2 2026.
Analysis
General Dynamics (GD) Net Margin (2009 - 2026) Analysis & Trends
General Dynamics has disclosed Net Margin across 18 years of filings, most recently posting 8.23% for Q3 2026.
- In Q3 2026, Net Margin rose 45.0% year-over-year to 8.23%; the TTM figure through Jul 2026 stood at 8.18% (up 5.0% YoY), while the FY2025 annual figure was 8.01%, up 9.0% from the prior year.
- Net Margin came in at 8.23% for Q3 2026 at General Dynamics, down from 8.35% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 9.14% in Q4 2022 to a low of 7.33% in Q3 2023.
- Average Net Margin over 5 years is 8.1%, with a median of 8.05% recorded in 2024.
- Year-over-year, Net Margin slumped 113 bps in 2023 and surged 69 bps in 2025.
- Over 5 years, Net Margin stood at 9.14% in 2022, then slipped by 6 bps to 8.61% in 2023, then dropped by 0 bps to 8.61% in 2024, then fell by 8 bps to 7.95% in 2025, then increased by 4 bps to 8.23% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 8.23% in Q3 2026, 8.35% in Q2 2026, and 7.95% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 121.20 Bn | 117.41 Bn | 2.45 Bn | 9.15% |
| 2 | General Dynamics | 97.24 Bn | 92.90 Bn | 6.76 Bn | 8.23% |
| 3 | Motorola Solutions | 77.45 Bn | 76.75 Bn | 1.68 Bn | 17.81% |
| 4 | Northrop Grumman | 73.15 Bn | 70.84 Bn | 3.72 Bn | 10.06% |
| 5 | L3Harris Technologies | 47.76 Bn | 47.20 Bn | 1.50 Bn | 9.96% |
| 6 | Elbit Systems | 32.88 Bn | 31.92 Bn | 579.01 Mn | 7.59% |
| 7 | Teledyne Technologies | 28.32 Bn | 27.98 Bn | 738.10 Mn | 15.14% |
| 8 | Curtiss Wright | 20.93 Bn | 20.46 Bn | 364.09 Mn | 16.36% |
| 9 | Leidos Holdings | 16.70 Bn | 16.01 Bn | 817.00 Mn | 7.81% |
| 10 | Caci International | 13.78 Bn | 13.58 Bn | 913.55 Mn | 5.79% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 5, 2026 | 8.23% |
| Apr 5, 2026 | 8.35% |
| Dec 31, 2025 | 7.95% |
| Sep 28, 2025 | 8.20% |
| Jun 29, 2025 | 7.78% |
| Mar 30, 2025 | 8.13% |
| Dec 31, 2024 | 8.61% |
| Sep 29, 2024 | 7.97% |
| Jun 30, 2024 | 7.56% |
| Mar 31, 2024 | 7.45% |
| Dec 31, 2023 | 8.61% |
| Oct 1, 2023 | 7.91% |
| Jul 2, 2023 | 7.33% |
| Apr 2, 2023 | 7.39% |
| Dec 31, 2022 | 9.14% |
| Oct 2, 2022 | 9.04% |
| Jul 3, 2022 | 8.34% |
| Apr 3, 2022 | 7.77% |
| Dec 31, 2021 | 9.25% |
| Oct 3, 2021 | 8.99% |