General Dynamics (GD) Tax Rate (2009 - 2026)
General Dynamics (GD) posted Tax Rate of 17.56% for Q3 2026, down 1.5% sequentially from 17.82% in Q2 2026, and down 14.0% YoY from 20.41% in Q3 2025.
General Dynamics (GD) Tax Rate (2009 - 2026) Analysis & Trends
General Dynamics has reported Tax Rate for 18 years, with the latest figure at 17.56% in Q3 2026.
- Quarterly Tax Rate fell 14.0% year-over-year to 17.56% in Q3 2026, while the trailing twelve-month figure through Jul 2026 was 17.62% (up 77.0% YoY) and the FY2025 annual result came in at 17.5%, up 80.0% from the prior year.
- Tax Rate eased to 17.56% in Q3 2026 per GD's latest filing, from 17.82% in the prior quarter.
- Over five years, Tax Rate peaked at 18.3% in Q4 2025 and troughed at 14.02% in Q2 2022.
- A 5-year average of 16.81% and a median of 17.03% in 2023 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2023: Tax Rate plunged 220 bps in 2022, then jumped 303 bps in 2023.
- Over 5 years, Tax Rate stood at 18.08% in 2022, then climbed by 0 bps to 18.09% in 2023, then slipped by 11 bps to 16.08% in 2024, then advanced by 14 bps to 18.3% in 2025, then declined by 4 bps to 17.56% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 17.56%, 17.82%, and 18.3% for Q3 2026, Q2 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | 14.53% |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 17.98% |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | -17.26% |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | 15.70% |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 17.72% |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | 17.56% |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | 6.34% |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | 24.26% |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | 15.49% |
| 10 | Axon Enterprise | 49.43 Bn | 48.76 Bn | 546.45 Mn | 9.97% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 5, 2026 | 17.56% |
| Jul 5, 2026 | 17.56% |
| Jul 5, 2026 | 17.56% |
| Apr 5, 2026 | 17.82% |
| Apr 5, 2026 | 17.82% |
| Apr 5, 2026 | 17.82% |
| Dec 31, 2025 | 18.30% |
| Dec 31, 2025 | 18.30% |
| Dec 31, 2025 | 18.30% |
| Sep 28, 2025 | 16.75% |
| Sep 28, 2025 | 16.75% |
| Sep 28, 2025 | 16.75% |
| Jun 29, 2025 | 17.69% |
| Jun 29, 2025 | 17.69% |
| Jun 29, 2025 | 17.69% |
| Mar 30, 2025 | 17.17% |
| Mar 30, 2025 | 17.17% |
| Mar 30, 2025 | 17.17% |
| Dec 31, 2024 | 16.08% |
| Dec 31, 2024 | 16.08% |