General Dynamics (GD) Operating Margin (2009 - 2026)
General Dynamics (GD) posted Operating Margin of 10.36% for Q3 2026, down 1.65% sequentially from 10.53% in Q2 2026, and up 35.0% YoY from 7.67% in Q3 2025.
General Dynamics (GD) Operating Margin (2009 - 2026) Analysis & Trends
General Dynamics has reported Operating Margin for 18 years, with the latest figure at 10.36% in Q3 2026.
- Quarterly Operating Margin rose 35.0% year-over-year to 10.36% in Q3 2026, while the trailing twelve-month figure through Jul 2026 was 10.32% (up 2.0% YoY) and the FY2025 annual result came in at 10.19%, up 14.0% from the prior year.
- Operating Margin retreated to 10.36% in Q3 2026 per GD's latest filing, from 10.53% in the prior quarter.
- Over five years, Operating Margin peaked at 11.31% in Q4 2022 and troughed at 9.48% in Q3 2023.
- A 5-year average of 10.25% and a median of 10.22% in 2024 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2023 and 2025: Operating Margin slumped 117 bps in 2023, then soared 72 bps in 2025.
- Over 5 years, Operating Margin stood at 11.31% in 2022, then decreased by 2 bps to 11.04% in 2023, then declined by 3 bps to 10.67% in 2024, then declined by 5 bps to 10.1% in 2025, then rose by 3 bps to 10.36% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 10.36%, 10.53%, and 10.1% for Q3 2026, Q2 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 361.89 Bn | 352.54 Bn | 6.95 Bn | -29.28% |
| 2 | Rtx | 285.52 Bn | 277.21 Bn | 9.91 Bn | 11.38% |
| 3 | Boeing | 169.04 Bn | 149.02 Bn | 2.41 Bn | 0.64% |
| 4 | Lockheed Martin | 130.88 Bn | 127.09 Bn | 2.45 Bn | 12.36% |
| 5 | Howmet Aerospace | 109.15 Bn | 108.58 Bn | 951.00 Mn | 27.92% |
| 6 | General Dynamics | 103.94 Bn | 99.61 Bn | 6.76 Bn | 10.36% |
| 7 | Northrop Grumman | 79.16 Bn | 76.85 Bn | 3.72 Bn | 10.08% |
| 8 | TransDigm | 68.69 Bn | 65.92 Bn | 1.63 Bn | 44.76% |
| 9 | L3Harris Technologies | 49.98 Bn | 48.46 Bn | 1.50 Bn | 11.12% |
| 10 | Axon Enterprise | 49.71 Bn | 49.04 Bn | 546.45 Mn | 5.17% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 5, 2026 | 10.36% |
| 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% |