General Dynamics (GD) Tax Rate (2009 - 2026)
General Dynamics' (GD) quarterly Tax Rate came in at 17.56% in Q3 2026, down 14.0% year-over-year from 20.41% in Q3 2025, and down 1.5% quarter-over-quarter from 17.82% in Q2 2026.
Analysis
General Dynamics (GD) Tax Rate (2009 - 2026) Analysis & Trends
General Dynamics has disclosed Tax Rate across 18 years of filings, most recently posting 17.56% for Q3 2026.
- In Q3 2026, Tax Rate fell 14.0% year-over-year to 17.56%; the TTM figure through Jul 2026 stood at 17.62% (up 77.0% YoY), while the FY2025 annual figure was 17.5%, up 80.0% from the prior year.
- Tax Rate came in at 17.56% for Q3 2026 at General Dynamics, down from 17.82% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 18.3% in Q4 2025 to a low of 14.02% in Q2 2022.
- Average Tax Rate over 5 years is 16.81%, with a median of 17.03% recorded in 2023.
- Year-over-year, Tax Rate tumbled 220 bps in 2022 and soared 303 bps in 2023.
- Over 5 years, Tax Rate stood at 18.08% in 2022, then gained by 0 bps to 18.09% in 2023, then retreated by 11 bps to 16.08% in 2024, then rose by 14 bps to 18.3% in 2025, then slipped by 4 bps to 17.56% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 17.56% in Q3 2026, 17.82% in Q2 2026, and 18.3% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 120.87 Bn | 117.07 Bn | 2.45 Bn | 15.70% |
| 2 | General Dynamics | 95.39 Bn | 91.06 Bn | 6.76 Bn | 17.56% |
| 3 | Motorola Solutions | 76.32 Bn | 75.61 Bn | 1.68 Bn | 24.80% |
| 4 | Northrop Grumman | 73.49 Bn | 71.18 Bn | 3.72 Bn | 6.34% |
| 5 | L3Harris Technologies | 46.76 Bn | 45.24 Bn | 1.50 Bn | 15.49% |
| 6 | Elbit Systems | 32.70 Bn | 31.74 Bn | 579.01 Mn | -16.44% |
| 7 | Teledyne Technologies | 27.56 Bn | 27.22 Bn | 738.10 Mn | 21.66% |
| 8 | Curtiss Wright | 20.85 Bn | 20.37 Bn | 364.09 Mn | 22.20% |
| 9 | Leidos Holdings | 16.21 Bn | 15.46 Bn | 817.00 Mn | 21.06% |
| 10 | Caci International | 13.42 Bn | 13.22 Bn | 913.55 Mn | 21.68% |
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% |