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Total Debt for General Dynamics (GD)

According to General Dynamics's latest reported financial statements, the company's latest reported total debt is $9.79B USD. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — combine with cash on hand for net debt, and see total liabilities for the broader obligations picture.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

Latest period

$9.79B

YoY change

-8.3%

5Y CAGR

-7.9%

Peak year (2020)

$14.73B

Latest annual

$9.79B

Total Debt history chart for General Dynamics (GD) from 1985 to 2025

Total Debt history table for General Dynamics (GD) from 1985 to 2025

Fiscal yearPeriod endedReportedTotal DebtYoY
2025$9.79B-8.3%
2024$10.68B-3.7%
2023$11.08B-8.5%
2022$12.11B-8.1%
2021$13.18B-10.6%
2020$14.73B+9.7%
2019$13.43B+8.2%
2018$12.42B+211.8%
2017$3.98B+2.4%
2016$3.89B+14.4%
2015$3.40B-13.1%
2014$3.91B+0.1%
2013$3.91B-0.0%
2012$3.91B-0.5%
2011$3.93B+22.7%
2010$3.20B-17.1%
2009$3.86B-4.0%
2008$4.02B+44.2%
2007$2.79B+0.4%
2006$2.78B-15.5%
2005$3.29B-0.2%
2004$3.30B-18.5%
2003$4.04B+178.8%
2002$1.45B-25.1%
2001$1.94B+285.5%
2000$502.00M-50.9%
1999$1.02B+230.7%
1998$309.00M-15.3%
1997$365.00M+134.0%
1996$156.00M-8.2%
1995$170.00M-13.3%
1994$196.00M-2.5%
1993$201.00M+9.8%
1992$183.00M-79.2%
1991$881.00M-22.6%
1990$1.14B+15.0%
1989$989.50M+58.6%
1988$623.70M+45.7%
1987$428.20M-1.1%
1986$432.90M-1.8%
1985$440.70M

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

Analysis

In 2025, General Dynamics (GD) total debt totalled $9.79B – declined 8.3% year-over-year.

General Dynamics total debt compound annual growth for the 2020–2025 (5 years) window is -7.9%, with a net decline across the window.

2020 marks the peak total debt at $14.73B, with the historical low of $156.00M recorded in 1996.

Among 8 Industrials peers, General Dynamics (GD) ranks 9th; the peer median for total debt is $37.04B.

General Dynamics Total Debt by Year

General Dynamics Total Debt 2025: $9.79B

General Dynamics total debt in 2025 was $9.79B, declined 8.3% below 2024.

General Dynamics Total Debt 2024: $10.68B

General Dynamics total debt in 2024 was $10.68B, edged down 3.7% below 2023.

General Dynamics Total Debt 2023: $11.08B

General Dynamics total debt in 2023 was $11.08B, declined 8.5% below 2022.

General Dynamics Total Debt 2022: $12.11B

General Dynamics total debt in 2022 was $12.11B, declined 8.1% below 2021.

General Dynamics Total Debt 2021: $13.18B

General Dynamics total debt in 2021 was $13.18B.

See more financial history for General Dynamics (GD).

Sector peers — Total Debt

Companies in the same sector as General Dynamics, ranked by their latest total debt.

CompanyTotal DebtSector
Deere & Company (DE)$63.94BIndustrials
The Boeing Company (BA)$54.43BIndustrials
Caterpillar Inc. (CAT)$43.33BIndustrials
RTX Corporation (RTX)$39.51BIndustrials
Honeywell International Inc. (HON)$34.58BIndustrials
Union Pacific Corporation (UNP)$31.81BIndustrials
GE Aerospace (GE)$20.49BIndustrials
Eaton Corporation plc (ETN)$11.17BIndustrials

Frequently asked questions

What is General Dynamics's total debt?

Latest reported total debt for General Dynamics (GD) is $9.79B (period ending December 31, 2025).

How has General Dynamics total debt changed year-over-year?

General Dynamics (GD) total debt changed -8.3% year-over-year on the latest annual filing.

What is the long-term growth rate of General Dynamics total debt?

General Dynamics (GD) total debt compound annual growth rate is -7.9% over the most recent 5 years available.

When did General Dynamics total debt hit its highest annual value?

General Dynamics total debt reached its highest annual value of $14.73B in 2020.

What was General Dynamics total debt in 2024?

General Dynamics (GD) total debt in 2024 was $10.68B.

What was General Dynamics total debt in 2025?

General Dynamics (GD) total debt in 2025 was $9.79B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.