General Dynamics (GD) Tax Rate (2009 - 2026)
General Dynamics' Tax Rate came in at 17.56% for Q2 2026, down 0.14 percentage points from 17.69% a year earlier and down 0.27 percentage points from the prior quarter.
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Analysis
General Dynamics (GD) Tax Rate (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 5, 2026, General Dynamics reported Tax Rate of 17.62%, up 0.77 percentage points year-over-year; for FY2025, it came in at 17.50%, up 0.80 percentage points from FY2024.
- Tax Rate carries a five-year change of +2.22 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 16.70% in FY2024 (-0.10 pp), 16.79% in FY2023 (+0.79 pp), 16.01% in FY2022 (+0.10 pp) and 15.90% in FY2021 (+0.63 pp).
- The five-year range for quarterly Tax Rate is 14.02% (Q1 2022) to 18.30% (Q4 2025).
- Year-over-year, Tax Rate increased in five of the last eight quarters, with an average year-over-year change of +0.28 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q1 2023 (a gain of 3.03 percentage points), and the weakest in Q1 2022 (a drop of 2.20 percentage points).
- Business Quant data shows GD's Tax Rate at 17.82% (Q1 2026), 18.30% (Q4 2025) and 16.75% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 330.21 Bn | 284.21 Bn | 4.68 Bn | 14.53% |
| 2 | Rtx | 252.88 Bn | 226.09 Bn | 5.13 Bn | 17.98% |
| 3 | Boeing | 145.76 Bn | 52.46 Bn | 2.41 Bn | - |
| 4 | Lockheed Martin | 119.56 Bn | 106.28 Bn | 2.45 Bn | 15.70% |
| 5 | Howmet Aerospace | 91.38 Bn | 86.98 Bn | 951.00 Mn | 17.72% |
| 6 | General Dynamics | 90.40 Bn | 77.51 Bn | 2.18 Bn | 17.56% |
| 7 | Motorola Solutions | 74.81 Bn | 71.18 Bn | 1.68 Bn | 24.80% |
| 8 | Northrop Grumman | 71.85 Bn | 61.10 Bn | 2.12 Bn | 6.34% |
| 9 | Honeywell International | 67.04 Bn | 19.48 Bn | 3.65 Bn | 20.96% |
| 10 | TransDigm | 61.31 Bn | 49.40 Bn | 1.63 Bn | 24.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 5, 2026 | 17.56% |
| Apr 5, 2026 | 17.82% |
| Dec 31, 2025 | 18.30% |
| Sep 28, 2025 | 16.75% |
| Jun 29, 2025 | 17.69% |
| Mar 30, 2025 | 17.17% |
| Dec 31, 2024 | 16.08% |
| Sep 29, 2024 | 16.52% |
| Jun 30, 2024 | 16.97% |
| Mar 31, 2024 | 17.46% |
| Dec 31, 2023 | 18.09% |
| Oct 1, 2023 | 15.64% |
| Jul 2, 2023 | 16.03% |
| Apr 2, 2023 | 17.05% |
| Dec 31, 2022 | 18.08% |
| Oct 2, 2022 | 14.34% |
| Jul 3, 2022 | 17.01% |
| Apr 3, 2022 | 14.02% |
| Dec 31, 2021 | 15.90% |
| Oct 3, 2021 | 15.27% |
API Access
General Dynamics Tax Rate 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=tax-rate&ticker=GD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=GD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();