GD General Dynamics margins

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Relative Growth: Rel. Growth: 68
Relative Strength: Rel. Strength: 48
Relative Valuation: Rel. Valuation: 60
Relative Profitability: Rel. Profitability: 59
Gross margin
15.4%
Operating margin
10.3%
EBITDA margin
11.7%
Net margin
8.2%

Using the latest TTM figures, General Dynamics shows a gross margin of 15.4%, an operating margin of 10.3%, an EBITDA margin of 11.7%, and a net margin of 8.2%. Net margin led the available margin gains with 0.1 percentage points, while the other margins were unchanged.

GD margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, General Dynamics recorded average margins of 15.5% gross, 10.17% operating, 11.67% EBITDA, and 8% net. At General Dynamics, operating, EBITDA, and net margins are above their three-year averages, while gross margin is below its three-year average.

GD margin expansion

Year-over-year margin changes in percentage points

Net margin expanded by 0.1 percentage points. Gross, operating, and EBITDA margins were unchanged.

Gross margin expansion
0pp
Operating margin expansion
0pp
EBITDA margin expansion
0pp
Net margin expansion
0.1pp

GD Gross margin

Across the last 3 years, General Dynamics's gross margin averaged 15.5%. The current gross margin stands at 15.4%, 0.1 percentage points below its three-year average. Gross margin was highest at 15.9% in Oct 2023 and lowest at 15.1% in Dec 2025.

GD Operating margin

Over the last 3 years, the average operating margin for General Dynamics was 10.17%. The latest operating margin for General Dynamics is 10.3%, 0.1 percentage points above its three-year average. General Dynamics's operating margin ranged from a low of 10% in Dec 2023 to a high of 10.3% in Jul 2026.

GD EBITDA margin

Over the last 3 years, General Dynamics's EBITDA margin averaged 11.67%. The current EBITDA margin of 11.7% is 0 percentage points above its three-year average. During this period, EBITDA margin reached a high of 11.9% in Oct 2023 and a low of 11.5% in Dec 2024.

GD Net margin

Over the last 3 years, the average net margin for General Dynamics was 8%. The latest net margin for General Dynamics is 8.2%, 0.2 percentage points above its three-year average. General Dynamics's net margin ranged from a low of 7.8% in Dec 2023 to a high of 8.2% in Jul 2026.

GD margin group comparison

Margins compared with peer-group, industry and sector averages

General Dynamics's gross margin of 15.4% is lower than the Industrials sector, the industry and its peers average. In comparison with the Industrials sector average of 32.7%, General Dynamics's gross margin is 53% lower.

GD margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is General Dynamics's gross margin?

As of Jul 5, 2026, GD has a gross margin of 15.4%.

What is General Dynamics's operating margin?

The current operating margin for GD is 10.3% as of Jul 5, 2026.

What is General Dynamics's EBITDA margin?

The current EBITDA margin for GD is 11.7% as of Jul 5, 2026.

What is General Dynamics's net margin?

For the period ending Jul 5, 2026, GD recorded a net margin of 8.2%.

What are the average margins of GD?

General Dynamics's average margins over the last 3 years were 15.5% gross, 10.2% operating, 11.7% EBITDA, and 8.0% net.

What are the highest historical margins of GD?

Looking back across 5 years, GD reached 17% gross in Jul 2022, 11% operating in Oct 2021, 12.8% EBITDA in Oct 2021, and 8.6% net in Dec 2022.

What are the lowest historical margins of GD?

Over this 5-year history, General Dynamics's margins fell as low as 15.1% gross in Dec 2025, 10% operating in Dec 2023, 11.5% EBITDA in Dec 2024, and 7.8% net in Dec 2023.