GD General Dynamics margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 57

Gross margin

15.4%

Operating margin

10.4%

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 10.4%, an EBITDA margin of 11.7%, and a net margin of 8.2%. Gross margin drove the available margin improvements with a 0.1 percentage-point increase, while EBITDA margin declined by 0.1 percentage points.

GD margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, General Dynamics recorded average margins of 15.46% gross, 10.19% operating, 11.65% EBITDA, and 8.02% 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

Gross margin expanded by 0.1 percentage points and operating margin by 0.1 percentage points, but EBITDA margin contracted by 0.1 percentage points.

Gross margin expansion

0.1pp

Operating margin expansion

0.1pp

EBITDA margin expansion

-0.1pp

Net margin expansion

0pp

GD Gross margin

Across the last 3 years, General Dynamics's gross margin averaged 15.46%. The current gross margin stands at 15.4%, 0.1 percentage points below its three-year average. Gross margin was highest at 15.8% in Mar 2024 and lowest at 15.1% in Dec 2025.

GD Operating margin

Over the last 3 years, the average operating margin for General Dynamics was 10.19%. The latest operating margin for General Dynamics is 10.4%, 0.2 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 10.4% in Oct 2026.

GD EBITDA margin

Over the last 3 years, General Dynamics's EBITDA margin averaged 11.65%. The current EBITDA margin of 11.7% is 0.1 percentage points above its three-year average. During this period, EBITDA margin reached a high of 11.8% in Sep 2025 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 8.02%. 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 Oct 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 32.5%, 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 Oct 4, 2026, GD has a gross margin of 15.4%.

What is General Dynamics's operating margin?

The current operating margin for GD is 10.4% as of Oct 4, 2026.

What is General Dynamics's EBITDA margin?

The current EBITDA margin for GD is 11.7% as of Oct 4, 2026.

What is General Dynamics's net margin?

For the period ending Oct 4, 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, 10.8% operating in Jul 2022, 12.7% EBITDA in Dec 2022, 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.