GD General Dynamics PE ratio, current and historical analysis
The current price-to-earnings ratio for General Dynamics stock as of Feb 21, 2025 is 17.6. This is calculated based on the current EPS of $13.81 and the stock price of $243.06 per share. The PE ratio has decreased by 19% from the past four quarters average of 21.7.
GD PE ratio history
The average historical PE ratio of General Dynamics for the last ten years is 17.71. The current P/E ratio of 17.6 is similar to the historical average. In the past ten years, GD's PE ratio peaked in the Mar 2024 quarter at 22.78, when the stock price was $282.49 and the EPS was $12.4. The lowest point was in the Mar 2020 quarter, when it reached 10.88 with a price of $130.07 and an EPS of $11.95.
General Dynamics PE ratio by year
Maximum annual increase: 40.72% in 2016
Maximum annual decrease: -33.62% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 19.08 | -10.8% | $263.49 | $13.81 |
| 2023 | 21.39 | 6.1% | $259.67 | $12.14 |
| 2022 | 20.16 | 12.25% | $248.11 | $12.31 |
| 2021 | 17.96 | 33.23% | $208.47 | $11.61 |
| 2020 | 13.48 | -7.61% | $148.82 | $11.04 |
| 2019 | 14.59 | 5.12% | $176.35 | $12.09 |
| 2018 | 13.88 | -33.62% | $157.21 | $11.33 |
| 2017 | 20.91 | 2.2% | $203.45 | $9.73 |
| 2016 | 20.46 | 40.72% | $172.66 | $8.44 |
| 2015 | 14.54 | -20.11% | $137.36 | $9.45 |
| 2014 | 18.2 | 27.99% | $137.62 | $7.56 |
| 2013 | 14.22 | N/A | $95.55 | $6.72 |
| 2012 | N/A | N/A | $69.27 | -$0.94 |
| 2011 | 9.57 | -7.18% | $66.41 | $6.94 |
| 2010 | 10.31 | -6.1% | $70.96 | $6.88 |
General Dynamics PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | 19.08 | -15.46% | $263.49 | $13.81 |
| Sep 2024 | 22.57 | 0.98% | $300.13 | $13.3 |
| Jun 2024 | 22.35 | -1.89% | $290.14 | $12.98 |
| Mar 2024 | 22.78 | 6.5% | $282.49 | $12.4 |
| Dec 2023 | 21.39 | 16.82% | $259.67 | $12.14 |
| Oct 2023 | 18.31 | 4.57% | $220.97 | $12.07 |
| Jul 2023 | 17.51 | -5.3% | $215.15 | $12.29 |
| Apr 2023 | 18.49 | -8.28% | $228.21 | $12.34 |
| Dec 2022 | 20.16 | 14.87% | $248.11 | $12.31 |
| Oct 2022 | 17.55 | -6.8% | $212.17 | $12.09 |
| Jul 2022 | 18.83 | -8.77% | $223.86 | $11.89 |
| Apr 2022 | 20.64 | 14.92% | $242.51 | $11.75 |
| Dec 2021 | 17.96 | 6.08% | $208.47 | $11.61 |
| Oct 2021 | 16.93 | 3.55% | $198.22 | $11.71 |
| Jul 2021 | 16.35 | 0.18% | $188.54 | $11.53 |
GD average PE ratio chart
GD's current P/E ratio is lower than the 3, 5 and 10-year averages.
GD PE vs peers
In comparison to its peers HON and LMT, GD's PE ratio is lower, but it is higher than NOC's and TXT's. General Dynamics's PE ratio is trading below the peer group average of 19.04.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NOC Northrop Grumman Corp | 15.78 | $64.84B |
| TXT Textron Inc | 16.52 | $13.21B |
| GD General Dynamics Corp | 17.6 | $65.71B |
| LMT Lockheed Martin Corp | 19.68 | $103.74B |
| HON Honeywell International Inc | 24.19 | $137.74B |
| KTOS Kratos Defense & Security Solutions Inc | 252.9 | $3.82B |
| BA Boeing Co | N/A | $132.88B |
Frequently asked questions
What is General Dynamics's PE ratio?
The price to earnings ratio for GD stock is 17.6 as of Feb 21, 2025.
What is the 3-year average PE ratio for General Dynamics (GD)?
As an average over the last 3 years, GD stock has a PE ratio of 19.97.
What is the 5-year average PE ratio for General Dynamics (GD)?
As an average over the last 5 years, GD stock has a PE ratio of 17.85.
What is the highest PE ratio for GD?
Over the last ten years, the quarterly PE ratio reached a historic high of 22.78 in the Mar 2024 quarter.
How does the current PE ratio for GD compare to its historical average?
The current price to earnings ratio of GD is 0.6% lower than the 10-year historical average.
How is GD's PE ratio calculated (General Dynamics PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Feb 21, 2025), General Dynamics's stock price is $243.06. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $13.81. Therefore, General Dynamics's PE ratio for today is 17.6. PE RATIO(17.6) = STOCK PRICE($243.06) / TTM EPS($13.81)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.