General Dynamics (GD) Operating Margin (2009 - 2026)
General Dynamics (GD) reported Operating Margin of 10.53% for Q2 2026, up 16.0% on a YoY basis from 9.08% in Q2 2025, and up 4.31% sequentially from 10.1% in Q4 2025.
General Dynamics (GD) Operating Margin (2009 - 2026) Analysis & Trends
General Dynamics (GD) has 18 years of Operating Margin data on file, last reported at 10.53% in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin rose 16.0% year-over-year to 10.53%; the trailing twelve-month figure through Apr 2026 stood at 10.24% (up 2.0% YoY), and the FY2025 full-year result was 10.19%, up 14.0% from the prior year.
- Operating Margin improved to 10.53% in Q2 2026, from 10.1% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 11.31% in Q4 2022 to a low of 9.48% in Q3 2023.
- A 5-year average of 10.24% and a median of 10.12% in 2024 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin plunged 117 bps in 2023 and jumped 72 bps in 2025, its largest moves.
- Tracing GD's Operating Margin over 5 years: stood at 11.31% in 2022, then declined by 2 bps to 11.04% in 2023, then decreased by 3 bps to 10.67% in 2024, then decreased by 5 bps to 10.1% in 2025, then gained by 4 bps to 10.53% in 2026.
- Business Quant data shows GD's Operating Margin at 10.53% in Q2 2026, 10.1% in Q4 2025, and 10.31% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 368.87 Bn | 359.52 Bn | -3.10 Bn | -1,952.73% |
| 2 | Rtx | 286.73 Bn | 278.42 Bn | 9.91 Bn | 11.38% |
| 3 | Boeing | 169.21 Bn | 149.19 Bn | 2.41 Bn | 0.64% |
| 4 | Lockheed Martin | 131.65 Bn | 127.86 Bn | 2.45 Bn | 12.36% |
| 5 | Howmet Aerospace | 111.58 Bn | 109.15 Bn | 854.00 Mn | 32.56% |
| 6 | General Dynamics | 102.31 Bn | 97.98 Bn | 6.76 Bn | 10.36% |
| 7 | Northrop Grumman | 75.66 Bn | 73.35 Bn | 3.72 Bn | 10.08% |
| 8 | TransDigm | 72.31 Bn | 68.42 Bn | 1.51 Bn | 46.31% |
| 9 | L3Harris Technologies | 50.64 Bn | 50.05 Bn | 1.40 Bn | 11.35% |
| 10 | Heico | 49.30 Bn | 49.09 Bn | 569.53 Mn | 25.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 5, 2026 | 10.53% |
| Dec 31, 2025 | 10.10% |
| Sep 28, 2025 | 10.31% |
| Jun 29, 2025 | 10.01% |
| Mar 30, 2025 | 10.37% |
| Dec 31, 2024 | 10.67% |
| Sep 29, 2024 | 10.12% |
| Jun 30, 2024 | 9.65% |
| Mar 31, 2024 | 9.65% |
| Dec 31, 2023 | 11.04% |
| Oct 1, 2023 | 10.00% |
| Jul 2, 2023 | 9.48% |
| Apr 2, 2023 | 9.49% |
| Dec 31, 2022 | 11.31% |
| Oct 2, 2022 | 11.01% |
| Jul 3, 2022 | 10.64% |
| Apr 3, 2022 | 9.67% |
| Dec 31, 2021 | 11.52% |
| Oct 3, 2021 | 11.29% |
| Jul 4, 2021 | 10.40% |