Question 1

What is General Dynamics's P/S ratio?

Accepted Answer

General Dynamics (GD) P/S ratio is 1.9× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month revenue, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/S ratio calculated?

Accepted Answer

P/S = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Revenue, or equivalently Share Price ÷ TTM Revenue Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/S ratio?

Accepted Answer

The price-to-sales (P/S) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) revenue. It is calculated as market cap ÷ TTM revenue (equivalent to share price ÷ TTM revenue per share). Because the denominator (revenue) cannot be negative, P/S is widely used to value unprofitable or pre-profit companies and to make cross-sector comparisons.

Question 4

What is a good P/S ratio for General Dynamics?

Accepted Answer

A "good" P/S depends heavily on profit margin and growth: software and other high-margin businesses often command 5–15× sales, while low-margin retailers and commodity producers typically trade below 1×. Compare against sector peers rather than absolute thresholds. For General Dynamics specifically, the relevant sector benchmark is the current sector median of 3.1×.

Question 5

Is General Dynamics's P/S ratio high or low?

Accepted Answer

General Dynamics's P/S ratio of 1.9× is above its own 5-year average of 1.6× and below the sector median of 3.1×. That places the current reading at the 96th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is General Dynamics's historical P/S ratio range?

Accepted Answer

In the available daily series, General Dynamics (GD) P/S ratio has ranged from a low of 0.6× in 2009 to a high of 2.1× in 2018. The 5-year average is 1.6× and the 5-year median is 1.6×.

Question 7

What was General Dynamics's P/S ratio in 2025?

Accepted Answer

General Dynamics (GD) P/S ratio at the end of 2025 was 1.7×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month revenue figure available at that date.

Question 8

Why does General Dynamics's P/S ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (revenue). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$90.9B	$52.6B	1.7×	+0.2×	Dec 31, 2025
2024	$72B	$47.7B	1.5×	-0.2×	Dec 31, 2024
2023	$70.8B	$42.3B	1.7×	-0.0×	Dec 31, 2023
2022	$68B	$39.4B	1.7×	+0.2×	Dec 31, 2022
2021	$58B	$38.5B	1.5×	+0.4×	Dec 31, 2021
2020	$42.6B	$37.9B	1.1×	-0.2×	Dec 31, 2020
2019	$50.9B	$39.4B	1.3×	+0.0×	Dec 31, 2019
2018	$46.1B	$36.2B	1.3×	-0.7×	Dec 31, 2018
2017	$60.4B	$31B	2.0×	+0.3×	Dec 31, 2017
2016	$52.2B	$31.1B	1.7×	+0.3×	Dec 31, 2016
2015	$43B	$31.5B	1.4×	-0.1×	Dec 31, 2015
2014	$45.4B	$30.9B	1.5×	+0.4×	Dec 31, 2014
2013	$33.5B	$31.1B	1.1×	+0.3×	Dec 31, 2013
2012	$24.3B	$31.5B	0.8×	+0.0×	Dec 31, 2012
2011	$23.7B	$32.7B	0.7×	-0.1×	Dec 31, 2011
2010	$26.7B	$32.5B	0.8×	+0.0×	Dec 31, 2010
2009	$26.3B	$32B	0.8×	+0.1×	Dec 31, 2009
2008	$22.4B	$29.3B	0.8×	-0.6×	Dec 31, 2008
2007	$35.9B	$27.2B	1.3×	+0.1×	Dec 31, 2007
2006	$30B	$24.1B	1.2×	+0.2×	Dec 31, 2006
2005	$22.7B	$21.1B	1.1×	-0.0×	Dec 31, 2005
2004	$20.9B	$18.9B	1.1×	+0.0×	Dec 31, 2004
2003	$17.9B	$16.6B	1.1×	-0.1×	Dec 31, 2003
2002	$16B	$13.8B	1.2×	—	Dec 31, 2002


EMCOR Group (EME)	1.9×
Franklin Electric Co. (FELE)	1.9×
Lockheed Martin (LMT)	1.8×
Upwork (UPWK)	1.8×
Boeing (BA)	1.8×
Expeditors International (EXPD)	1.7×
Northrop Grumman (NOC)	1.7×
Masco (MAS)	1.6×
Pool (POOL)	1.4×
C.H. Robinson Worldwide (CHRW)	1.2×
Alamo Group (ALG)	1.2×
Huntington Ingalls Industries (HII)	1.2×
Jacobs Solutions (J)	1.1×
Textron (TXT)	1.0×
Tennant (TNC)	1.0×
United Parcel Service (UPS)	0.9×
Delta Air Lines (DAL)	0.9×
FedEx (FDX)	0.9×
AGCO (AGCO)	0.8×
United Airlines Holdings (UAL)	0.7×
Stanley Black & Decker (SWK)	0.7×
Matthews International (MATW)	0.7×
Amentum Holdings (AMTM)	0.5×
ABM Industries (ABM)	0.3×
Andersons (ANDE)	0.2×

P/S Ratio for General Dynamics (GD) 2002-2026

P/S Ratio daily chart for General Dynamics (GD)

Historical P/S Ratio for General Dynamics (GD) from 2002 to 2025

About P/S Ratio at General Dynamics (GD)

General Dynamics P/S Ratio by Year

General Dynamics P/S Ratio 2025: 1.7×

General Dynamics P/S Ratio 2024: 1.5×

General Dynamics P/S Ratio 2023: 1.7×

General Dynamics P/S Ratio 2022: 1.7×

General Dynamics P/S Ratio 2021: 1.5×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

General Dynamics (GD) Key Financials