OakChart

General Dynamics Corp

GDIndustrials·Aerospace & Defense·USA·Large·NYSE·Nov 11 • 9:36 AM ET

365.72-1.72 (-0.47%)
2026-11-11 15:37 CET
Market cap
99,291.11 USD m
Revenue, TTM
56,520.00 USD m
Net income, TTM
4,657.00 USD m
Free cash flow, TTM
5,779.00 USD m
EPS diluted, TTM
17.01
P/E
21.50
Compare

Price

GD against its 20, 50 and 200-day averages
2050200beat
320.00340.00360.00380.00400.002.1M4.2MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26GDclose 365.7220-day 357.0150-day 349.23200-day 354.86365.72

8.6% under 400.00 on 29 Jul 2026. Last 15 sessions, 12.1% high to low

Profile

GD
52-week range, 63% of the way up
306.77400

General Dynamics Corp. is a global aerospace and defense company, which engages in design, engineering, and manufacturing to deliver solutions. It operates through the following business segments: Aerospace, Marine Systems, Combat Systems, and Technologies. The Aerospace segment includes the production of business jets, technology aircraft, repair, support and completion services. The Marine Systems segment involves the design and building of nuclear-powered submarines, surface combatant, and auxiliary ship design and construction. The Combat Systems segment focuses on manufacturing and integrating land combat solutions, wheeled and tracked combat vehicles, weapons systems, and munitions. The Technologies segment consists of services, technologies, and products for electronic hardware with its software. The company was founded on February 21, 1952 and is headquartered in Reston, VA.

IndexS&P 500, RUI
Employees117000
IPOApr 25, 1952
Beta0.30
ATR, 14d8.14
Rel volume0.27
Short float0.86%
Insider own0.65%
Inst own87.87%

Snapshot

6 groups

Valuation

IndexS&P 500, RUI
Market Cap98.83B
Enterprise Value103.47B
Income4.66B
Sales56.52B
Book/sh101.00
Cash/sh16.24
Dividend Est.6.30 (1.72%)
Dividend TTM6.27 (1.71%)
Dividend Ex-DateOct 09, 2026
Dividend Gr. 3/5Y5.98% 6.40%
Payout38.83%
Employees117000
IPOApr 25, 1952

Ratios

P/E21.50
Forward P/E19.38
PEG1.95
P/S1.75
P/B3.62
P/C22.52
P/FCF17.10
EV/EBITDA15.20
EV/Sales1.83
Quick Ratio0.94
Current Ratio1.43
Debt/Eq0.33
LT Debt/Eq0.29
Option/ShortYes / Yes

Earnings

EPS (ttm)17.01
EPS next Y18.87
EPS next Q4.57
EPS this Y11.94%
EPS next Y9.11%
EPS next 5Y9.96%
EPS past 3/5Y8.24% 7.04%
Sales past 3/5Y10.07% 6.74%
EPS Y/Y TTM10.46%
Sales Y/Y TTM9.73%
EPS Q/Q15.57%
Sales Q/Q12.85%
EarningsOct 30 BMO
EPS/Sales Surpr.8.86% 6.18%

Ownership

Insider Own0.65%
Insider Trans-12.33%
Inst Own87.87%
Inst Trans-1.13%
ROA7.91%
ROE18.01%
ROIC13.22%
Gross Margin15.42%
Oper. Margin10.37%
Profit Margin8.24%
SMA202.44%
SMA504.72%
SMA2003.06%
Trades-

Technical

Shs Outstand270.22M
Shs Float268.47M
Short Float0.86%
Short Ratio1.92
Short Interest2.30M
52W High400.00 -8.57%
52W Low306.77 19.22%
Volatility2.92% 2.11%
ATR (14)8.14
RSI (14)58.74
Beta0.30
Rel Volume0.27
Avg Volume1.20M
Volume20,857

Performance

Perf Week0.23%
Perf Month10.02%
Perf Quarter-6.93%
Perf Half Y7.14%
Perf YTD8.63%
Perf Year3.77%
Perf 3Y50.16%
Perf 5Y83.70%
Perf 10Y116.98%
Recom2.11
Target Price415.25
Prev Close367.44
Price365.72
Change %-0.47%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Jun 11, 2026UpgradeJJefferiesHold → Buy$400+9.4%
Apr 08, 2026DowngradeDDeutsche BankBuy → Hold$387+5.8%
Apr 01, 2026InitiatedWWells FargoOverweight$400+9.4%
Dec 16, 2025UpgradeMMorgan StanleyEqual-Weight → Overweight$408+11.6%
Dec 12, 2025InitiatedCCitigroupNeutral$371+1.4%
Nov 18, 2025InitiatedBBNP Paribas ExaneOutperform$410+12.1%
Oct 27, 2025UpgradeVVertical ResearchHold → Buy$400+9.4%
Sep 29, 2025UpgradeSSeaport Research PartnersNeutral → Buy$376+2.8%
Jul 24, 2025UpgradeWWolfe ResearchPeer Perform → Outperform$360-1.6%
Jul 08, 2025UpgradeDDeutsche BankHold → Buy$342-6.5%

Peers

Mkt cap
TickerCompanyMkt cap
NOCNorthrop Grumman Corp77.52B
LMTLockheed Martin Corp138.67B
HIIHuntington Ingalls Industries Inc12.31B
LHXL3Harris Technologies Inc50.95B
RTXRTX Corp268.20B
TXTTextron Inc14.53B
BABoeing Co136.73B
GEGE Aerospace348.73B
TDGTransdigm Group Incorporated66.65B
LDOSLeidos Holdings Inc16.52B

Insider trading

latest 14 of 52
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
NOVAKOVIC PHEBE NChairman and CEONov 05 '26Sale361.4245,35316,391,398766,457Nov 09 04:01 PM
Gallopoulos Gregory SSenior VP, Gen. Counsel, Sec.Nov 03 '26Sale372.6612,9944,842,335111,270Nov 05 04:19 PM
NOVAKOVIC PHEBE NChairman and CEONov 03 '26Option Exercise168.56151,15025,477,844917,607Nov 05 04:15 PM
Aiken Jason WExecutive Vice PresidentNov 03 '26Option Exercise223.9314,6453,279,455199,122Nov 05 04:11 PM
NOVAKOVIC PHEBE NOfficerNov 05 '26Proposed Sale361.4245,35316,391,416Nov 05 03:22 PM
GREGORY S. GALLOPOULOSOfficerNov 03 '26Proposed Sale372.6612,9944,842,335Nov 03 04:36 PM
STEEL ROBERT KDirectorSep 23 '26Option Exercise211.597,4401,574,2125,866Sep 25 03:12 PM
STEEL ROBERT KDirectorSep 23 '26Sale346.057,4402,574,6203,096Sep 25 03:12 PM
STEEL ROBERT KDirectorSep 23 '26Proposed Sale346.057,4402,574,619Sep 23 12:17 PM
Longview Asset Management LLC10% OwnerSep 01 '26Proposed Sale382.023,396,3161,297,465,605Aug 28 07:52 PM
Smith Robert EdwardExecutive Vice PresidentAug 13 '26Option Exercise170.4644,4407,575,375119,446Aug 17 04:44 PM
Deep DannyPresidentAug 14 '26Option Exercise166.0133,6005,578,04665,315Aug 17 04:42 PM
Kuryea Kimberly ASenior Vice President & CFOAug 10 '26Option Exercise223.9328,3006,337,219115,381Aug 12 02:27 PM
Wall Peter ADirectorAug 10 '26Option Exercise223.931,990445,6215,959Aug 12 02:25 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
VOOVanguard S&P 500 ETFAUM: 1054.75B
IVViShares Core S&P 500 ETFAUM: 871.38B
SPYSPDR S&P 500 ETF TrustAUM: 793.23B
VTVVanguard Morningstar Value ETFAUM: 196.23B
ITAiShares U.S. Aerospace & Defense ETFAUM: 12.31B
SHLDGlobal X Defense Tech ETFAUM: 6.14B
XLIState Street Industrial Select Sector SPDR ETFAUM: 30.88B
VIGVanguard Dividend Appreciation FTFAUM: 117.07B
PPAInvesco Aerospace & Defense ETFAUM: 7.56B

News

latest 14 of 206
  • Karman's 29% Rise Makes It a Defense Stock Winner After Post-Election Slump (Barrons.com)
  • RTX and Other Defense Stocks Have a Midterm Headache (Barrons.com)
  • Pentagon Eyes Unprecedented 75-Year Deal to End China's Rare Earth Stranglehold (Oilprice.com)
  • General Dynamics stands out as a balanced industrial stock pick (Investing.com)
  • General Dynamics Beats On A Historic $99 Billion Order Quarter And Accelerating Growth, But The Margin Mix Is Less Clean Than The Headline (Earnings Whispers)
  • Loading…
  • General Dynamics Shares Rise 2.3% as Q3 Earnings Beat Forecasts and Order Backlog Surges (InvestorsHub)
  • GD Stock Surges After General Dynamics Q3 Revenue Jumps 13%, Backlog Hits Record $220B (Stocktwits)
  • General Dynamics tops quarterly estimates on robust Gulfstream, marine bookings (Reuters)
  • General Dynamics Logs Higher Profit, Revenue (The Wall Street Journal)
  • General Dynamics: Q3 Earnings Snapshot (Associated Press)
  • General Dynamics Reports Third-Quarter 2026 Financial Results (PR Newswire)
  • ExxonMobil and Chevron headline Friday's earnings slate (MarketWatch)
  • Stock Market Today: Dow set for steady start as S&P 500, Nasdaq to get pounded after Amazon, Intel earnings (MarketWatch)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-304.4904.1254.49014,56613,71821
2026Q22026-07-294.2403.9644.24114,09413,52221
2026Q12026-04-294.1003.6754.10413,48112,70121
2025Q42026-01-284.1704.1144.17314,37913,80520
2025Q32025-10-243.8803.7003.88412,90712,49518
2025Q22025-07-233.7403.5473.74313,04112,38520
2025Q12025-04-233.6603.4953.65812,22311,98122
2024Q42025-01-294.1504.0684.14613,33812,80822
2024Q32024-10-233.3503.4893.34711,67111,67822
2024Q22024-07-243.2603.2773.25911,97611,46321
2024Q12024-04-242.8802.9142.88410,73110,29920
2023Q42024-01-243.6403.6783.64311,66811,39120
2023Q32023-10-253.0402.9143.04310,57110,04921
2023Q22023-07-262.7002.5642.70510,1529,45519
2023Q12023-04-262.6402.5862.6399,8819,30321
2022Q42023-01-253.5803.5453.57910,85110,68519

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY11.98011.91211.97939,35039,222
2020FY11.00011.05811.00037,92538,228
2021FY11.55011.52611.54938,46938,853
2022FY12.19012.16312.18739,40739,251
2023FY12.02012.11412.02342,27242,037
2024FY13.63013.57813.63047,71647,188
2025FY15.45015.39915.45052,55051,974
2026FY-17.294--56,714
2027FY-18.869--59,765
2028FY-20.540--62,981
2029FY-21.632--64,165
2030FY-23.080--66,679

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-06197414,75114,51715,183
2026Q4S2026-11-05207414,75214,51715,183
2026Q4S2026-11-03208314,76514,51715,183
2026Q4S2026-10-30208214,78314,51715,183
2026Q4S2026-10-29203014,71914,13615,457
2026Q4S2026-10-24203014,71914,13615,457
2026Q4S2026-10-20204014,71914,13615,457
2026Q4S2026-10-19204114,71914,13615,457
2026Q4S2026-10-14204114,72614,13615,457
2026Q4S2026-10-13203314,71914,13615,457
2026Q4S2026-10-12203414,71314,13615,457
2026Q4S2026-10-092041114,69414,13615,457
2026Q4S2026-10-082031114,67514,13615,457
2026Q4S2026-10-072031114,68114,13615,457

Estimate history

EPS, annual9.5611.1811.9791111.54912.18712.02313.6315.45417.007
Period201720182019202020212022202320242025TTM
EPS, quarterly3.3474.1463.6583.7433.8844.1734.1044.2414.489
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual30973361933935037925384693940742272477165255056520
Period201720182019202020212022202320242025TTM
Sales, quarterly116711333812223130411290714379134811409414566
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual296.896288.698289.61286.478277.621274.411273.6270.341270.39270.224
Period201720182019202020212022202320242025MRQ
Shares, quarterly274.969270.341268.396268.993270.12270.39270.43270.557270.224
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue56,520.0052,550.0047,716.0042,272.0039,407.0038,469.0037,925.0039,350.0036,193.00
Cost of Goods Sold Incl. D&A47,804.0044,599.0040,352.0035,600.0032,785.0032,061.0031,600.0032,363.0029,478.00
Gross Profit8,716.007,951.007,364.006,672.006,622.006,408.006,325.006,987.006,715.00
Selling, General and Administrative Excl. Other2,857.002,595.002,568.002,427.002,411.002,245.002,192.002,417.002,258.00
Research and Development-486.00565.00510.00480.00415.00374.00466.00502.00
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income5,859.005,356.004,796.004,245.004,211.004,163.004,133.004,570.004,457.00
Interest Expense226.00402.00393.00399.00391.00431.00489.00472.00374.00
Unusual Expense0.000.000.000.000.000.000.000.000.00
Net Income Before Taxes5,661.005,103.004,540.003,984.004,036.003,873.003,738.004,202.004,085.00
Income Taxes1,004.00893.00758.00669.00646.00616.00571.00718.00727.00
Consolidated Net Income4,657.004,210.003,782.003,315.003,390.003,257.003,167.003,484.003,358.00
Net Income From Continuing Operations4,657.004,210.003,782.003,315.003,390.003,257.003,167.003,484.003,358.00
Net Income4,657.004,210.003,782.003,315.003,390.003,257.003,167.003,484.003,345.00
EPS (Recurring)17.0115.4513.6312.0212.1911.5511.0011.9811.18
EPS (Basic, Before Extraordinaries)17.2415.6513.8112.1412.3111.6111.0412.0911.33
EPS (Diluted)17.0115.4513.6312.0212.1911.5511.0011.9811.18
EBITDA6,809.006,280.005,682.005,108.005,095.005,053.005,011.005,399.005,220.00
Non-Operating Income (Expense)28.00149.00137.00138.00216.00141.0094.00104.002.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense175.54155.00114.55143.00130.0099.00101.00105.00110.00
Price To Earnings Ratio21.6121.6120.0621.7020.6618.0413.5214.7314.05
Price To Sales Ratio1.601.751.531.691.751.531.131.301.30
Gross Margin15.4215.1315.4315.7816.8016.6616.6817.7618.55
Operating Margin10.3710.1910.0510.0410.6910.8210.9011.6112.31
Net Margin8.248.017.937.848.608.478.358.859.24
Shares Outstanding270.22270.39270.34273.60274.41277.62286.48289.61288.70
Market Capitalization99,291.1199,291.1172,451.5870,863.1668,118.3558,209.6242,707.1751,019.1146,557.74

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue14,566.0014,094.0013,481.0014,379.0012,907.0013,041.0012,223.0013,338.00
Cost of Goods Sold Incl. D&A12,317.0011,911.0011,338.0012,238.0010,939.0011,092.0010,330.0011,253.00
Gross Profit2,249.002,183.002,143.002,141.001,968.001,949.001,893.002,085.00
Selling, General and Administrative Excl. Other722.00723.00723.00689.00637.00644.00625.00662.00
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income1,527.001,460.001,420.001,452.001,331.001,305.001,268.001,423.00
Interest Expense45.0049.0069.0063.0074.0088.0089.0076.00
Unusual Expense0.000.000.000.000.000.000.000.00
Net Income Before Taxes1,486.001,407.001,369.001,399.001,272.001,232.001,200.001,368.00
Income Taxes257.00247.00244.00256.00213.00218.00206.00220.00
Consolidated Net Income1,229.001,160.001,125.001,143.001,059.001,014.00994.001,148.00
Net Income From Continuing Operations1,229.001,160.001,125.001,143.001,059.001,014.00994.001,148.00
Net Income1,229.001,160.001,125.001,143.001,059.001,014.00994.001,148.00
EPS (Recurring)4.494.244.104.173.883.743.664.15
EPS (Basic, Before Extraordinaries)4.554.294.164.233.933.783.694.20
EPS (Diluted)4.494.244.104.173.883.743.664.15
EBITDA1,762.001,691.001,652.001,704.001,557.001,528.001,491.001,663.00
Non-Operating Income (Expense)4.00-4.0018.0010.0015.0015.0021.0021.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense41.8738.7142.6652.3041.0835.5526.0733.97
Price To Earnings Ratio21.6122.2722.2021.8222.9020.2419.9920.06
Price To Sales Ratio1.601.861.781.751.751.571.491.53
Gross Margin15.4415.4915.9014.8915.2514.9515.4915.63
Operating Margin10.4810.3610.5310.1010.3110.0110.3710.67
Net Margin8.448.238.357.958.207.788.138.61
Shares Outstanding270.22270.56270.43270.39270.12268.99268.40270.34
Market Capitalization99,291.1195,797.1292,803.2690,938.6091,726.6178,280.3873,692.2872,451.58

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments2,333.001,697.001,913.001,242.001,603.002,824.00902.00963.002,983.00
Short Term Receivables10,786.0011,225.0011,001.0011,803.0011,539.0011,185.0011,401.0010,335.008,857.00
Inventories9,232.009,724.008,578.006,322.005,340.005,745.006,306.005,977.005,303.00
Other Current Assets1,897.001,740.002,123.001,696.001,505.001,789.001,679.00914.001,185.00
Total Current Assets24,248.0024,386.0023,615.0021,063.0019,987.0021,543.0020,288.0018,189.0018,328.00
Net Property, Plant & Equipment7,525.006,467.006,198.007,163.006,674.006,428.005,907.004,348.003,517.00
Total Investments and Advances0.000.000.000.000.000.000.000.000.00
Intangible Assets22,384.0022,076.0022,242.0022,158.0022,076.0022,170.0021,992.0022,179.0012,616.00
Deferred Tax Assets19.0019.0028.0039.0041.0037.0033.00--
Other Assets3,073.002,932.002,727.001,162.001,295.001,130.001,129.00692.00585.00
Total Assets57,249.0055,880.0054,810.0051,585.0050,073.0051,308.0049,349.0045,408.0035,046.00
Short Term Debt Incl. Current Port. of LT Debt1,305.001,821.00832.001,541.001,421.003,333.003,239.00973.002.00
Accounts Payable2,678.003,344.003,095.003,398.003,167.002,952.003,162.003,179.003,207.00
Other Current Liabilities12,813.0012,659.0012,505.0010,402.009,390.009,679.0010,400.0010,587.009,890.00
Total Current Liabilities16,796.0017,824.0016,432.0015,341.0013,978.0015,964.0016,801.0014,739.0013,099.00
Long Term Debt8,484.008,855.0010,251.0010,573.0012,091.0011,399.0010,548.0011,444.003,980.00
Provision for Risks Charges1,134.002,024.002,219.002,453.002,813.005,182.005,172.004,422.004,408.00
Deferred Tax Liabilities956.00573.00655.00685.00868.00461.00588.00577.00244.00
Other Liabilities4,257.004,541.003,954.003,965.002,682.002,641.002,262.002,494.001,880.00
Total Liabilities31,627.0033,817.0033,511.0033,017.0032,432.0035,647.0035,371.0033,676.0023,611.00
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity25,622.0022,063.0021,299.0018,568.0017,641.0015,661.0013,978.0011,732.0011,435.00
Total Shareholders Equity25,622.0022,063.0021,299.0018,568.0017,641.0015,661.0013,978.0011,732.0011,435.00
Accumulated Minority Interest0.000.000.000.000.000.000.000.000.00
Total Equity25,622.0022,063.0021,299.0018,568.0017,641.0015,661.0013,978.0011,732.0011,435.00
Total Liabilities & Stockholders Equity57,249.0055,880.0054,810.0051,585.0050,073.0051,308.0049,349.0045,408.0035,046.00
Book Value Per Share94.7681.6177.8567.6663.5454.6748.2640.6438.52
Tangible Book Value Per Share11.98-0.05-3.45-13.08-15.98-22.72-27.67-36.19-3.98
Full-Time Employees117,000117,000111,600106,500103,100100,700102,900105,60098,600
Price to Book Ratio3.643.153.553.863.282.723.763.875.25
Return on Assets7.446.836.236.676.436.327.358.358.54
Return on Equity17.6617.4416.6318.7219.5621.6627.1028.9926.79
Return on Invested Capital12.3412.2310.5111.6310.9511.7014.2114.4318.89
Quick Ratio0.890.820.920.961.050.990.830.830.99
Current Ratio1.441.371.441.371.431.351.211.231.40

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income4,657.004,210.003,782.003,315.003,390.003,257.003,167.003,484.003,345.00
Depreciation950.00924.00886.00863.00884.00890.00878.00829.00763.00
Other Funds (Non Cash)219.00196.00183.00181.00165.00126.00128.00133.00153.00
Funds from Operations6,266.005,586.004,765.004,182.004,261.004,207.004,046.004,538.004,258.00
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital1,040.00-466.00-653.00528.00318.0064.00-188.00-1,557.00-1,110.00
Income Taxes Payable--266.00-209.00-436.00----
Cash from Operating Activities7,306.005,120.004,112.004,710.004,579.004,271.003,858.002,981.003,148.00
Capital Expenditures-1,527.00-1,161.00-916.00-904.00-1,114.00-887.00-967.00-987.00-690.00
Net Assets From Acquisitions0.000.000.000.000.000.00-203.00-19.00-10,099.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.00171.0014.00562.00
Purchase or Sale of Investments0.000.000.000.000.000.000.000.000.00
Purchase of Investments0.000.000.000.000.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.000.000.000.00
Other Uses-135.00-133.00-43.00-41.00-355.00-20.00-59.00-53.00-27.00
Other Sources-112.000.000.000.000.005.0025.000.000.00
Cash from Investing Activities-1,774.00-1,294.00-959.00-945.00-1,469.00-902.00-1,033.00-1,045.00-10,254.00
Cash Dividends Paid-1,668.00-1,593.00-1,529.00-1,428.00-1,369.00-1,315.00-1,240.00-1,152.00-1,075.00
Change in Capital Stock-641.00-637.00-1,501.00-434.00-1,229.00-1,828.00-587.00-231.00-1,633.00
Repurchase of Common Pref Stock-641.00-637.00-1,501.00-434.00-1,229.00-1,828.00-587.00-231.00-1,769.00
Sale of Common Pref Stock0.000.000.000.000.000.000.000.00136.00
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-1,000.00-753.00-500.00-1,250.00-1,000.00-1,497.001,019.00-559.008,312.00
Change in Long Term Debt-1,000.00-753.00-500.00-1,250.00-1,000.00-1,497.001,019.00-559.008,312.00
Issuance of Long Term Debt0.00747.000.000.000.001,503.003,960.00291.008,312.00
Reduction of Long Term Debt-1,000.00-1,500.00-500.00-1,250.00-1,000.00-3,000.00-2,941.00-850.000.00
Net Financing Active Other Cash Flow-355.00-207.00161.0018.00127.0050.00-95.00-55.00-518.00
Other Financing Activities Uses-207.00-207.000.000.000.000.00-95.00-55.00-518.00
Cash from Financing Activities-3,664.00-3,190.00-3,369.00-3,094.00-3,471.00-4,590.00-903.00-1,997.005,086.00
Net Change in Cash1,868.00636.00-216.00671.00-361.00-1,221.001,922.00-61.00-2,020.00
Free Cash Flow5,779.003,959.003,196.003,806.003,465.003,384.002,891.001,994.002,458.00
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow21.9838.7643.8630.1132.9328.4225.9560.9134.01
Deferred Taxes & Investment Tax Credit-256.00-86.00-177.00-178.00-66.00-127.0092.00-3.00

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments4,388.004,333.003,654.002,333.002,520.001,523.00
Short Term Receivables11,435.0011,653.0011,305.0010,786.0011,944.0012,025.00
Inventories9,124.009,097.009,177.009,232.009,813.009,889.00
Other Current Assets1,926.001,955.001,919.001,897.001,575.001,629.00
Total Current Assets26,873.0027,038.0026,055.0024,248.0025,852.0025,066.00
Net Property, Plant & Equipment7,853.007,575.007,503.007,525.006,602.006,556.00
Total Investments and Advances0.000.000.000.000.000.00
Intangible Assets22,080.0022,208.0022,284.0022,384.0022,273.0022,313.00
Deferred Tax Assets24.0019.0018.0019.0019.00535.00
Other Assets3,375.003,323.003,169.003,073.002,853.002,937.00
Total Assets60,205.0060,163.0059,029.0057,249.0057,599.0057,407.00
Short Term Debt Incl. Current Port. of LT Debt1,090.001,586.002,062.001,305.001,319.001,522.00
Accounts Payable3,166.002,874.002,843.002,678.003,459.003,078.00
Other Current Liabilities14,570.0014,305.0013,920.0012,813.0013,686.0013,779.00
Total Current Liabilities18,826.0018,765.0018,825.0016,796.0018,464.0018,379.00
Long Term Debt7,940.007,893.007,770.008,484.008,557.009,097.00
Provision for Risks Charges545.001,071.001,093.001,134.001,773.001,875.00
Deferred Tax Liabilities1,297.001,329.001,244.00956.00771.00-
Other Liabilities4,305.004,279.004,018.004,257.003,600.004,476.00
Total Liabilities32,913.0033,337.0032,950.0031,627.0033,165.0033,827.00
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity27,292.0026,826.0026,079.0025,622.0024,434.0023,580.00
Total Shareholders Equity27,292.0026,826.0026,079.0025,622.0024,434.0023,580.00
Accumulated Minority Interest0.000.000.000.000.000.00
Total Equity27,292.0026,826.0026,079.0025,622.0024,434.0023,580.00
Total Liabilities & Stockholders Equity60,205.0060,163.0059,029.0057,249.0057,599.0057,407.00
Book Value Per Share101.0099.1596.4494.7690.4687.66
Tangible Book Value Per Share19.2917.0714.0311.988.004.71
Full-Time Employees---117,000--
Price to Book Ratio3.643.673.623.723.893.52
Return on Assets7.917.637.517.447.347.24
Return on Equity18.0117.8017.9717.6617.7817.91
Return on Invested Capital3.493.343.323.353.213.10
Quick Ratio0.940.960.900.890.870.83
Current Ratio1.431.441.381.441.401.36

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income1,229.001,160.001,125.001,143.001,059.001,014.00
Depreciation235.00231.00232.00252.00226.00223.00
Other Funds (Non Cash)62.0067.0040.0050.0057.0055.00
Funds from Operations1,496.001,537.001,683.001,550.001,591.001,253.00
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital214.00343.00472.0011.00518.00345.00
Cash from Operating Activities1,710.001,880.002,155.001,561.002,109.001,598.00
Capital Expenditures-481.00-234.00-203.00-609.00-212.00-198.00
Net Assets From Acquisitions0.000.000.000.000.000.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.00
Purchase or Sale of Investments0.000.000.000.000.000.00
Purchase of Investments0.000.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.00
Other Uses-4.00-3.00-3.00-125.00-3.00-3.00
Other Sources5.0012.001.00-130.006.00112.00
Cash from Investing Activities-480.00-225.00-205.00-864.00-209.00-89.00
Cash Dividends Paid-429.00-429.00-405.00-405.00-403.00-402.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-285.00-102.00-217.00-37.000.000.00
Repurchase of Common Pref Stock-285.00-102.00-217.00-37.000.000.00
Sale of Common Pref Stock0.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-500.00-500.000.000.00-696.00-897.00
Change in Long Term Debt-500.00-500.000.000.000.00-3.00
Issuance of Long Term Debt0.000.000.000.000.00747.00
Reduction of Long Term Debt-500.00-500.000.000.000.00-750.00
Net Financing Active Other Cash Flow39.0055.00-7.00-442.00196.0071.00
Other Financing Activities Uses0.007.00-7.00-207.000.0032.00
Cash from Financing Activities-1,175.00-976.00-629.00-884.00-903.00-1,228.00
Net Change in Cash55.00679.001,321.00-187.00997.00281.00
Free Cash Flow1,229.001,646.001,952.00952.001,897.001,400.00
Price to Free Cash Flow21.9821.2620.8738.9727.8430.70

Revenue breakdown

Aircraft Manufacturing and Completions2024: 7.81B 2025: 9.41B
Aircraft Services2024: 3.44B 2025: 3.70B
C5ISR Solutions2024: 4.37B 2025: 4.41B
Engineering and Other Services2024: 964.00M 2025: 1.17B
Information Technology Services2024: 8.76B 2025: 9.06B
Military vehicles2024: 5.10B 2025: 4.97B
Nuclear - Powered Submarines2024: 10.39B 2025: 12.61B
Repair and Other Services2024: 1.13B 2025: 1.18B
Surface ships2024: 2.82B 2025: 2.93B
Weapons Systems and Munitions2024: 2.93B 2025: 3.10B
Asia Pacific2024: 1.55B 2025: 2.00B
Europe2024: 3.16B 2025: 3.54B
Other Africa Middle East2024: 1.68B 2025: 2.02B
Other North America2024: 1.28B 2025: 1.25B
South America2024: 292.00M 2025: 432.00M
United States2024: 39.76B 2025: 43.31B
Aerospace2024: 11.25B 2025: 13.11B
Combat Systems2024: 9.00B 2025: 9.25B
Marine Systems2024: 14.34B 2025: 16.72B
Technologies2024: 13.13B 2025: 13.47B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-300.86%2.3M268.5M1.15M
2026-10-150.74%2.0M268.8M1.16M
2026-09-300.81%2.2M268.8M1.11M
2026-09-151.00%2.7M268.8M1.15M
2026-08-311.03%2.8M268.8M1.14M
2026-08-141.00%2.7M268.8M1.17M
2026-07-310.91%2.4M268.8M1.25M
2026-07-151.08%2.9M268.7M1.33M
2026-06-301.17%3.1M268.7M1.36M
2026-06-151.14%3.1M268.6M1.33M
2026-05-290.97%2.6M268.7M1.35M
2026-05-151.04%2.8M268.7M1.38M
2026-04-301.03%2.8M268.8M1.39M
2026-04-150.99%2.7M269.2M1.36M
2026-03-310.94%2.5M268.8M1.43M
2026-03-130.81%2.2M268.8M1.34M
2026-02-270.90%2.4M268.8M1.32M
2026-02-130.99%2.7M268.8M1.33M
2026-01-300.95%2.5M268.7M1.27M
2026-01-151.11%3.0M268.5M1.21M

Option chain

expiry 2026-11-13
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call2000.000.000.00-0.000.00---
call2050.000.000.00-0.000.00---
call2100.000.000.00-0.000.00---
call2150.000.000.00-0.000.00---
call2200.000.000.00-0.000.00---
call2250.000.000.00-0.000.00---
call2300.000.000.00-0.000.00---
call2350.000.000.00-0.000.00---
call2400.000.000.00-0.000.00---
call2450.000.000.00-0.000.00---
call2500.000.000.00-0.000.00---
call2550.000.000.00-0.000.00---
call2600.000.000.00-0.000.00---
call2650.000.000.00-0.000.00---
call2700.000.000.00-0.000.00---
call2750.000.000.00-0.000.00---
call2800.000.000.00-0.000.00---
call2850.000.000.00-0.000.00---
call2900.000.000.00-0.000.00---
call2950.000.000.00-0.000.00---
call3000.000.000.00-0.000.00---
call3050.000.000.00-0.000.00---
call3100.000.0065.95-0.000.00---
call3150.000.000.00-0.000.00---
call3200.000.0014.00-1.000.00---
call322.50.000.000.00-0.000.00---
call3250.000.009.80-3.000.00---
call327.50.000.0029.05-1.000.00---
call3300.000.000.00-0.000.00---
call332.50.000.000.00-0.000.00---
call3350.000.0022.90-1.000.00---
call337.50.000.000.00-0.000.00---
call3400.000.0014.42-1.000.00---
call342.50.000.000.00-0.000.00---
call3450.000.0013.40-2.000.00---
call347.50.000.0028.15-7.000.00---
call3500.000.0018.70-10.000.00---
call352.50.000.000.00-0.000.00---
call3550.000.0014.05-15.000.00---
call357.50.000.004.58-21.000.00---
call3600.000.004.90-42.000.00---
call362.50.000.005.08-7.000.00---
call3650.000.005.74-1030.00---
call367.50.000.001.40-4.000.00---
call3700.000.003.00-25.000.00---
call372.50.000.002.30-22.000.00---
call3750.000.001.00-26.000.00---
call377.50.000.000.45-27.000.00---
call3800.000.000.51-1420.00---
call382.50.000.000.35-1610.00---
call3850.000.000.05-29.000.00---
call387.50.000.000.71-11.000.00---
call3900.000.001.40-19.000.00---
call3950.000.000.30-3.000.00---
call4000.000.000.55-2.000.00---
call4050.000.000.00-0.000.00---
call4100.000.000.00-0.000.00---
call4150.000.000.00-0.000.00---
call4200.000.000.00-0.000.00---
call4250.000.000.00-0.000.00---
call4300.000.000.00-0.000.00---
call4350.000.000.00-0.000.00---
call4400.000.000.00-0.000.00---
call4450.000.000.00-0.000.00---
call4500.000.000.00-0.000.00---
call4550.000.000.00-0.000.00---
call4600.000.000.00-0.000.00---
call4650.000.000.00-0.000.00---
call4700.000.000.00-0.000.00---
call4800.000.000.00-0.000.00---
call4900.000.000.00-0.000.00---
call5000.000.000.00-0.000.00---
call5100.000.000.00-0.000.00---
put2000.000.000.00-0.000.00---
put2050.000.000.00-0.000.00---
put2100.000.000.00-0.000.00---
put2150.000.000.00-0.000.00---
put2200.000.000.00-0.000.00---
put2250.000.000.00-0.000.00---
put2300.000.000.00-0.000.00---
put2350.000.000.00-0.000.00---
put2400.000.000.00-0.000.00---
put2450.000.000.00-0.000.00---
put2500.000.000.00-0.000.00---
put2550.000.000.00-0.000.00---
put2600.000.000.00-0.000.00---
put2650.000.000.00-0.000.00---
put2700.000.000.00-0.000.00---
put2750.000.000.00-0.000.00---
put2800.000.000.00-0.000.00---
put2850.000.000.00-0.000.00---
put2900.000.000.00-0.000.00---
put2950.000.000.00-0.000.00---
put3000.000.000.00-0.000.00---
put3050.000.000.00-0.000.00---
put3100.000.001.18-2.000.00---
put3150.000.000.70-12.000.00---
put3200.000.001.95-2.000.00---
put322.50.000.000.00-0.000.00---
put3250.000.002.00-3.000.00---
put327.50.000.000.00-0.000.00---
put3300.000.000.20-4.000.00---
put332.50.000.000.00-0.000.00---
put3350.000.000.17-12.000.00---
put337.50.000.000.35-2.000.00---
put3400.000.000.15-10.000.00---
put342.50.000.000.30-1.000.00---
put3450.000.000.30-15.000.00---
put347.50.000.001.05-8.000.00---
put3500.000.001.21-8.000.00---
put352.50.000.000.53-10.000.00---
put3550.000.000.79-7.000.00---
put357.50.000.0010.90-2.000.00---
put3600.000.001.00-8.000.00---
put362.50.000.001.59-7.000.00---
put3650.000.002.64-8.000.00---
put367.50.000.0015.09-16.000.00---
put3700.000.0014.55-9.000.00---
put372.50.000.007.10-1.000.00---
put3750.000.0021.04-43.000.00---
put377.50.000.0010.54-14.000.00---
put3800.000.0011.20-21.000.00---
put382.50.000.000.00-0.000.00---
put3850.000.000.00-0.000.00---
put387.50.000.000.00-0.000.00---
put3900.000.000.00-0.000.00---
put3950.000.000.00-0.000.00---
put4000.000.000.00-0.000.00---
put4050.000.000.00-0.000.00---
put4100.000.000.00-0.000.00---
put4150.000.000.00-0.000.00---
put4200.000.000.00-0.000.00---
put4250.000.000.00-0.000.00---
put4300.000.000.00-0.000.00---
put4350.000.000.00-0.000.00---
put4400.000.000.00-0.000.00---
put4450.000.000.00-0.000.00---
put4500.000.000.00-0.000.00---
put4550.000.000.00-0.000.00---
put4600.000.000.00-0.000.00---
put4650.000.000.00-0.000.00---
put4700.000.000.00-0.000.00---
put4800.000.000.00-0.000.00---
put4900.000.000.00-0.000.00---
put5000.000.000.00-0.000.00---
put5100.000.000.00-0.000.00---

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-094Statement of changes in beneficial ownership of securities2026-11-05SEC
2026-11-094Statement of changes in beneficial ownership of securities2026-11-05SEC
2026-11-05144Filing for proposed sale of securities under Rule 144.SEC
2026-11-054Statement of changes in beneficial ownership of securities2026-11-03SEC
2026-11-054Statement of changes in beneficial ownership of securities2026-11-03SEC
2026-11-054Statement of changes in beneficial ownership of securities2026-11-03SEC
2026-11-03144Filing for proposed sale of securities under Rule 144.SEC
2026-10-3010-QQuarterly report pursuant to Section 13 or 15(d)2026-10-04SEC
2026-10-308-KCurrent report2026-10-30SEC
2026-10-088-KCurrent report2026-10-07SEC
2026-10-06SCHEDULE 13D/ASEC
2026-09-254Statement of changes in beneficial ownership of securities2026-09-23SEC
2026-09-23144Filing for proposed sale of securities under Rule 144.SEC
2026-09-184Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-09-184Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-09-184Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-09-184Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-09-184Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-09-184Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-09-184Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-09-104Statement of changes in beneficial ownership of securities2026-09-08SEC
2026-09-044Statement of changes in beneficial ownership of securities2026-09-01SEC
2026-08-28144Filing for proposed sale of securities under Rule 144.SEC
2026-08-28SCHEDULE 13D/ASEC
2026-08-174Statement of changes in beneficial ownership of securities2026-08-13SEC
2026-08-174Statement of changes in beneficial ownership of securities2026-08-14SEC
2026-08-134Statement of changes in beneficial ownership of securities2026-08-11SEC
2026-08-124Statement of changes in beneficial ownership of securities2026-08-10SEC
2026-08-124Statement of changes in beneficial ownership of securities2026-08-10SEC
2026-08-114Statement of changes in beneficial ownership of securities2026-08-07SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110021.23M2
2026-100000
2026-09002.57M1
2026-080022.94M3
2026-070016.32M1
2026-06002.00M1
2026-050025.04M2
2026-040000
2026-030017.93M4
2026-02001.52M1
2026-010000
2025-12006.82M1
2025-110033.99K1

Institutional holders

Manager% owned
LONGVIEW ASSET MANAGEMENT, LLC9.04%
BlackRock, Inc.7.14%
VANGUARD CAPITAL MANAGEMENT LLC6.16%
Newport Trust Company, LLC4.95%
STATE STREET CORP4.37%
BANK OF AMERICA CORP /DE/2.72%
VANGUARD PORTFOLIO MANAGEMENT LLC2.52%
GEODE CAPITAL MANAGEMENT, LLC2.32%
JPMORGAN CHASE & CO1.95%
FMR LLC1.79%

Funds

Fund% owned
VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND9.22%
iShares iBoxx $ Investment Grade Corporate Bond ETF3.16%
Invesco BulletShares 2026 Corporate Bond ETF3.04%
VANGUARD TOTAL STOCK MARKET INDEX FUND3.02%
Invesco BulletShares 2028 Corporate Bond ETF3.01%
Invesco BulletShares 2027 Corporate Bond ETF2.86%
VANGUARD LONG-TERM CORPORATE BOND INDEX FUND2.63%
iShares iBonds Dec 2028 Term Corporate ETF2.58%
VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND2.50%
VANGUARD 500 INDEX FUND2.43%

OakChart. GD. Cached 15 minutes.