About General Dynamics Corporation
General Dynamics Corporation (GD) is a Consumer Cyclical company in the Ship & Boat Building & Repairing industry with a market capitalisation of $103B. The stock trades at 22.98x trailing earnings and yields 1.64%.
- Sector
- Consumer Cyclical
- Industry
- Ship & Boat Building & Repairing
- Market cap
- $103B
- P/E ratio
- 22.98
- EPS (TTM)
- $15.45
- Revenue (TTM)
- $52.6B
- Free cash flow
- $4B
- Profit margin
- 8.0%
- Dividend yield
- 1.64%
- Shares outstanding
- 270.4M
Financial health: Strong8/10
7 strengths, 1 concern. Weakest points: gross margin.
- Debt to equity: 0.32 (Strong, benchmark < 0.5) — Debt of 0.32x equity is conservative against the 0.5x benchmark. It has improved over the last 4 years.
- Net debt vs cash flow: 1.5y (Strong, benchmark < 4 years) — Net debt of $5.7B is 1.5x annual free cash flow — about a year of cash flow to repay.
- Current ratio: 1.44 (Watch, benchmark > 1.5) — Short-term assets cover 1.44x short-term liabilities, against Graham's 1.5x floor. It has been broadly flat over the last 4 years.
- Return on equity: 16.4% (Strong, benchmark > 15%) — Earns 16.4% on shareholder equity, comfortably past the > 15% mark.
- Gross margin: 15.4% (Concern, benchmark > 40%) — Keeps 15.4% of revenue after the direct cost of sales, well short of the > 40% mark.
- Net margin: 8.0% (Watch, benchmark > 10%) — Turns 8.0% of revenue into profit, short of the > 10% mark.
- Free cash flow: $4.0B (Strong, benchmark positive) — Generated $4.0B of free cash flow after capital spending. It has improved over the last 4 years.
- Revenue growth: 10.1% (Strong, benchmark > 10%) — Revenue changed 10.1% year on year, comfortably past the > 10% mark.
- Earnings growth: 11.3% (Strong, benchmark > 10%) — Earnings changed 11.3% year on year, comfortably past the > 10% mark.
- Payout ratio: 37.8% (Strong, benchmark < 60%) — Pays out 37.8% of earnings as dividends, leaving room to keep paying.