TTM
15.2%
YoY change
−0.30pp
Trough year (1990)
-4.3%
Peak year (1999)
22.0%
Latest annual
15.1%
Gross Margin history chart for General Dynamics (GD) from 1985 to 2025
Latest: 15.1%
Gross Margin change chart for General Dynamics (GD) from 1985 to 2025
Latest: −0.30pp
Gross Margin history table for General Dynamics (GD) from 1985 to 2025
| 2025 | 15.1% | -0.30pp | ||
| 2024 | 15.4% | -0.35pp | ||
| 2023 | 15.8% | -1.02pp | ||
| 2022 | 16.8% | +0.15pp | ||
| 2021 | 16.7% | -0.02pp | ||
| 2020 | 16.7% | -1.08pp | ||
| 2019 | 17.8% | -0.64pp | ||
| 2018 | 18.4% | -1.76pp | ||
| 2017 | 20.2% | +1.62pp | ||
| 2016 | 18.5% | -1.07pp | ||
| 2015 | 19.6% | +0.57pp | ||
| 2014 | 19.0% | +0.52pp | ||
| 2013 | 18.5% | +2.45pp | ||
| 2012 | 16.1% | -1.85pp | ||
| 2011 | 17.9% | -0.28pp | ||
| 2010 | 18.2% | +0.60pp | ||
| 2009 | 17.6% | -0.73pp | ||
| 2008 | 18.3% | +6.91pp | ||
| 2007 | 11.4% | +0.52pp | ||
| 2006 | 10.9% | +0.52pp | ||
| 2005 | 10.4% | +0.22pp | ||
| 2004 | 10.2% | +1.34pp | ||
| 2003 | 8.8% | -2.61pp | ||
| 2002 | 11.4% | -0.89pp | ||
| 2001 | 12.3% | -0.51pp | ||
| 2000 | 12.8% | -9.19pp | ||
| 1999 | 22.0% | +0.56pp | ||
| 1998 | 21.5% | +8.06pp | ||
| 1997 | 13.4% | +1.68pp | ||
| 1996 | 11.7% | +0.22pp | ||
| 1995 | 11.5% | -0.26pp | ||
| 1994 | 11.8% | +0.32pp | ||
| 1993 | 11.5% | +4.80pp | ||
| 1992 | 6.7% | -1.29pp | ||
| 1991 | 7.9% | +12.20pp | ||
| 1990 | -4.3% | -13.66pp | ||
| 1989 | 9.4% | +0.52pp | ||
| 1988 | 8.9% | -8.64pp | ||
| 1987 | 17.5% | -0.16pp | ||
| 1986 | 17.7% | +0.19pp | ||
| 1985 | 17.5% | — |
- 202515.1%-0.30pp
- 202415.4%-0.35pp
- 202315.8%-1.02pp
- 202216.8%+0.15pp
- 202116.7%-0.02pp
- 202016.7%-1.08pp
- 201917.8%-0.64pp
- 201818.4%-1.76pp
- 201720.2%+1.62pp
- 201618.5%-1.07pp
- 201519.6%+0.57pp
- 201419.0%+0.52pp
- 201318.5%+2.45pp
- 201216.1%-1.85pp
- 201117.9%-0.28pp
- 201018.2%+0.60pp
- 200917.6%-0.73pp
- 200818.3%+6.91pp
- 200711.4%+0.52pp
- 200610.9%+0.52pp
- 200510.4%+0.22pp
- 200410.2%+1.34pp
- 20038.8%-2.61pp
- 200211.4%-0.89pp
- 200112.3%-0.51pp
- 200012.8%-9.19pp
- 199922.0%+0.56pp
- 199821.5%+8.06pp
- 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%-13.66pp
- 19899.4%+0.52pp
- 19888.9%-8.64pp
- 198717.5%-0.16pp
- 198617.7%+0.19pp
- 198517.5%—
Gross 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 Gross Margin at General Dynamics (GD)
According to General Dynamics's latest reported financial statements, the company's latest reported gross margin is 15.2%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of General Dynamics (GD) gross margin is 15.13% – contracted 0.3 percentage points year-over-year.
22.02% stands as the all-time-high annual gross margin, posted in 1999, against a low of -4.26% during 1990.
General Dynamics Gross Margin by Year
General Dynamics Gross Margin 2025: 15.1%
General Dynamics gross margin in 2025 was 15.13%, contracted 0.3 percentage points from 2024.
General Dynamics Gross Margin 2024: 15.4%
2024's gross margin for General Dynamics came in at 15.43%, contracted 0.4 percentage points from 2023.
General Dynamics Gross Margin 2023: 15.8%
General Dynamics posted gross margin of 15.78% in 2023, contracted 1.0 percentage points from 2022.
General Dynamics Gross Margin 2022: 16.8%
In 2022, General Dynamics reported gross margin of 16.80%, expanded 0.1 percentage points from 2021.
General Dynamics Gross Margin 2021: 16.7%
General Dynamics gross margin in 2021 was 16.66%.
See more financial history for General Dynamics (GD).
Sector peers by Gross Margin
Industrials peers of General Dynamics (GD), ranked by their latest gross margin
| 45.7% | |
| 36.9% | |
| 36.9% | |
| 35.1% | |
| 34.8% | |
| 32.5% | |
| 20.2% | |
| 4.8% |
- 45.7%
- 35.1%
- 34.8%
- 32.5%
- 20.2%
- 4.8%
Frequently asked questions
General Dynamics (GD) Key Financials
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