General Dynamics (GD) Operating Margin (2009 - 2026)
General Dynamics recorded quarterly Operating Margin of 10.53% in Q2 2026, up 4.31% quarter-over-quarter from 10.1% in Q4 2025, and up 16.0% year-over-year from 9.08% in Q2 2025.
General Dynamics' Operating Margin history runs 18 years deep, the most recent figure standing at 10.53% for Q2 2026.
- In Q2 2026, Operating Margin rose 16.0% year-over-year to 10.53%; the TTM figure through Apr 2026 stood at 10.24% (up 2.0% YoY), while the FY2025 annual figure was 10.19%, up 14.0% from the prior year.
- Operating Margin came in at 10.53% for Q2 2026 at General Dynamics, up 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 sank 117 bps in 2023 and surged 72 bps in 2025, its largest moves.
- General Dynamics' Operating Margin stood at 11.31% in 2022, then retreated by 2 bps to 11.04% in 2023, then dropped by 3 bps to 10.67% in 2024, then dropped by 5 bps to 10.1% in 2025, then climbed by 4 bps to 10.53% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 10.53%, 10.1%, and 10.31% for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 316.77 Bn | 306.03 Bn | 9.11 Bn | -8.61% |
| 2 | Rtx | 238.61 Bn | 233.51 Bn | 9.08 Bn | 11.57% |
| 3 | Boeing | 172.59 Bn | 151.68 Bn | 2.55 Bn | 2.02% |
| 4 | Lockheed Martin | 122.59 Bn | 120.70 Bn | 2.08 Bn | 11.45% |
| 5 | Howmet Aerospace | 102.88 Bn | 100.44 Bn | 854.00 Mn | 32.56% |
| 6 | General Dynamics | 92.64 Bn | 88.99 Bn | 9.09 Bn | 10.53% |
| 7 | Rocket Lab | 82.19 Bn | 80.92 Bn | 76.49 Mn | -27.94% |
| 8 | Northrop Grumman | 78.95 Bn | 76.86 Bn | 3.45 Bn | 10.01% |
| 9 | TransDigm | 70.63 Bn | 66.75 Bn | 1.51 Bn | 46.31% |
| 10 | Cae | 60.63 Bn | 60.14 Bn | -496.95 Mn | 14.11% |
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% |
| Apr 4, 2021 | 9.99% |
| Dec 31, 2020 | 12.34% |
| Sep 27, 2020 | 11.37% |
| Jun 28, 2020 | 9.00% |
| Mar 29, 2020 | 10.68% |
| Dec 31, 2019 | 11.60% |
| Sep 29, 2019 | 12.46% |
| Jun 30, 2019 | 11.41% |
| Mar 31, 2019 | 10.95% |
| Dec 31, 2018 | 11.21% |
| Sep 30, 2018 | 12.48% |
| Jul 1, 2018 | 11.84% |
| Apr 1, 2018 | 13.38% |
| Dec 31, 2017 | 12.81% |
| Oct 1, 2017 | 14.02% |
| Jul 2, 2017 | 22.87% |
| Apr 2, 2017 | 14.06% |
| Dec 31, 2016 | 3.55% |
| Oct 2, 2016 | 21.37% |
| Jul 3, 2016 | 20.78% |
| Apr 3, 2016 | 31.93% |
| Dec 31, 2015 | 9.60% |
| Oct 4, 2015 | 35.97% |
| Jul 5, 2015 | 13.71% |
| Apr 5, 2015 | 36.01% |
| Dec 31, 2014 | -36.47% |
| Sep 28, 2014 | 35.15% |
| Jun 29, 2014 | 12.70% |
| Mar 30, 2014 | 30.92% |
| Dec 31, 2013 | 11.48% |
| Sep 29, 2013 | 20.22% |
| Jun 30, 2013 | 19.86% |
| Mar 31, 2013 | 11.44% |
| Dec 31, 2012 | -18.76% |
| Sep 30, 2012 | 11.41% |
| Jul 1, 2012 | 12.24% |
| Apr 1, 2012 | 11.35% |
| Dec 31, 2011 | -7.73% |
| Oct 2, 2011 | 12.71% |
| Jul 3, 2011 | 12.04% |
| Apr 3, 2011 | 11.91% |
| Dec 31, 2010 | -50.23% |
| Oct 3, 2010 | 12.06% |
| Jul 4, 2010 | 18.19% |
| Apr 4, 2010 | 11.85% |
| Dec 31, 2009 | 6.16% |
| Oct 4, 2009 | 16.86% |
| Jul 5, 2009 | 16.88% |
| Apr 5, 2009 | 35.97% |