What is General Dynamics's EBITDA margin?

Latest reported EBITDA margin for General Dynamics (GD) is 11.63% as of the trailing twelve months (TTM) ending April 5, 2026.

How has General Dynamics EBITDA margin changed year-over-year?

General Dynamics (GD) EBITDA margin changed −0.6 percentage points year-over-year on the latest annual filing.

When did General Dynamics EBITDA margin hit its highest annual value?

General Dynamics EBITDA margin reached its highest annual value of 15.66% in 1999.

What was General Dynamics EBITDA margin in 2024?

General Dynamics (GD) EBITDA margin in 2024 was 12.20%.

What was General Dynamics EBITDA margin in 2025?

General Dynamics (GD) EBITDA margin in 2025 was 11.60%.

General Dynamics (GD) EBITDA Margin

TTM

11.6%

YoY change

−0.59pp

Trough year (1990)

-4.3%

Peak year (1999)

15.7%

EBITDA Margin history chart for General Dynamics (GD) from 1985 to 2025

Latest: 11.6%

EBITDA Margin change chart for General Dynamics (GD) from 1985 to 2025

Latest: −0.59pp

EBITDA Margin history table for General Dynamics (GD) from 1985 to 2025


2025	11.6%	-0.59pp	Dec 31, 2025	Jan 30, 2026
2024	12.2%	-0.22pp	Dec 31, 2024	Feb 7, 2025
2023	12.4%	-1.07pp	Dec 31, 2023	Feb 8, 2024
2022	13.5%	-0.02pp	Dec 31, 2022	Feb 7, 2023
2021	13.5%	+0.04pp	Dec 31, 2021	Feb 9, 2022
2020	13.5%	-0.52pp	Dec 31, 2020	Feb 9, 2021
2019	14.0%	-0.44pp	Dec 31, 2019	Feb 10, 2020
2018	14.4%	-0.54pp	Dec 31, 2018	Feb 13, 2019
2017	15.0%	+1.20pp	Dec 31, 2017	Feb 12, 2018
2016	13.8%	-1.33pp	Dec 31, 2016	Feb 6, 2017
2015	15.1%	+0.83pp	Dec 31, 2015	Feb 8, 2016
2014	14.3%	+0.56pp	Dec 31, 2014	Feb 9, 2015
2013	13.7%	+9.73pp	Dec 31, 2013	Feb 7, 2014
2012	4.0%	-9.69pp	Dec 31, 2012	Feb 8, 2013
2011	13.7%	-0.28pp	Dec 31, 2011	Feb 17, 2012
2010	13.9%	+0.66pp	Dec 31, 2010	Feb 18, 2011
2009	13.3%	-1.00pp	Dec 31, 2009	Feb 19, 2010
2008	14.3%	+1.06pp	Dec 31, 2008	Feb 20, 2009
2007	13.2%	+0.47pp	Dec 31, 2007	Feb 22, 2008
2006	12.7%	+0.03pp	Dec 31, 2006	Feb 23, 2007
2005	12.7%	+0.09pp	Dec 31, 2005	Mar 3, 2006
2004	12.6%	+2.07pp	Dec 31, 2004	Mar 4, 2005
2003	10.6%	-2.85pp	Dec 31, 2003	Mar 5, 2004
2002	13.4%	-1.16pp	Dec 31, 2002	Mar 24, 2003
2001	14.6%	-0.49pp	Dec 31, 2001	Mar 29, 2002
2000	15.1%	-0.60pp	Dec 31, 2000	Mar 29, 2001
1999	15.7%	+1.08pp	Dec 31, 1999	Mar 27, 2000
1998	14.6%	+1.18pp	Dec 31, 1998	Mar 18, 1999
1997	13.4%	+1.68pp	Dec 31, 1997	Mar 18, 1998
1996	11.7%	+0.22pp	Dec 31, 1996	Mar 21, 1997
1995	11.5%	-0.26pp	Dec 31, 1995	Jun 26, 1996
1994	11.8%	+0.32pp	Dec 31, 1994	Jun 27, 1995
1993	11.5%	+4.80pp	Dec 31, 1993	Mar 29, 1994
1992	6.7%	-1.29pp	Dec 31, 1992	Dec 31, 1992
1991	7.9%	+12.20pp	Dec 31, 1991	Dec 31, 1991
1990	-4.3%	-13.15pp	Dec 31, 1990	Dec 31, 1990
1989	8.9%	+0.01pp	Dec 31, 1989	Dec 31, 1989
1988	8.9%	-1.34pp	Dec 31, 1988	Dec 31, 1988
1987	10.2%	-0.12pp	Dec 31, 1987	Dec 31, 1987
1986	10.3%	-0.57pp	Dec 31, 1986	Dec 31, 1986
1985	10.9%	—	Dec 31, 1985	Dec 31, 1985

202511.6%-0.59pp
202412.2%-0.22pp
202312.4%-1.07pp
202213.5%-0.02pp
202113.5%+0.04pp
202013.5%-0.52pp
201914.0%-0.44pp
201814.4%-0.54pp
201715.0%+1.20pp
201613.8%-1.33pp
201515.1%+0.83pp
201414.3%+0.56pp
201313.7%+9.73pp
20124.0%-9.69pp
201113.7%-0.28pp
201013.9%+0.66pp
200913.3%-1.00pp
200814.3%+1.06pp
200713.2%+0.47pp
200612.7%+0.03pp
200512.7%+0.09pp
200412.6%+2.07pp
200310.6%-2.85pp
200213.4%-1.16pp
200114.6%-0.49pp
200015.1%-0.60pp
199915.7%+1.08pp
199814.6%+1.18pp
199713.4%+1.68pp
199611.7%+0.22pp
199511.5%-0.26pp
199411.8%+0.32pp
199311.5%+4.80pp
19926.7%-1.29pp
19917.9%+12.20pp
1990-4.3%-13.15pp
19898.9%+0.01pp
19888.9%-1.34pp
198710.2%-0.12pp
198610.3%-0.57pp
198510.9%—

EBITDA Margin values are taken from General Dynamics's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About EBITDA Margin at General Dynamics (GD)

According to General Dynamics's latest reported financial statements, the company's latest reported EBITDA margin is 11.6%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.

Headline figure above is from the reporting period ending April 5, 2026 (reported April 29, 2026). Chart and table below cover the full reported history back to 1985.

The 2025 reading of General Dynamics (GD) EBITDA margin is 11.60% – contracted 0.6 percentage points year-over-year.

The highest annual EBITDA margin of 15.66% was reported in 1999. The lowest in the available history was -4.26% in 1990.

General Dynamics EBITDA Margin by Year

General Dynamics EBITDA Margin 2025: 11.6%

2025's EBITDA margin for General Dynamics came in at 11.60%, contracted 0.6 percentage points from 2024.

General Dynamics EBITDA Margin 2024: 12.2%

General Dynamics posted EBITDA margin of 12.20% in 2024, contracted 0.2 percentage points from 2023.

General Dynamics EBITDA Margin 2023: 12.4%

In 2023, General Dynamics reported EBITDA margin of 12.41%, contracted 1.1 percentage points from 2022.

General Dynamics EBITDA Margin 2022: 13.5%

General Dynamics EBITDA margin in 2022 was 13.48%, contracted 0.0 percentage points from 2021.

General Dynamics EBITDA Margin 2021: 13.5%

General Dynamics EBITDA margin in 2021 was 13.50%.

See more financial history for General Dynamics (GD).

Sector peers by EBITDA Margin

Industrials peers of General Dynamics (GD), ranked by their latest EBITDA margin


Union Pacific (UNP)	52.5%
GE Aerospace (GE)	22.8%
Deere & Company (DE)	22.5%
Caterpillar (CAT)	21.6%
Eaton Corporation (ETN)	20.7%
Honeywell International (HON)	17.8%
RTX (RTX)	17.1%
Boeing (BA)	7.9%

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