GD General Dynamics PE ratio, current and historical analysis
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- Industrials
- NYSE: GD
- PE Ratio
The current price-to-earnings ratio for General Dynamics stock as of Jun 30, 2025 is 20.0. This is calculated based on the current EPS of $14.58 and the stock price of $291.66 per share. The PE ratio has decreased by 3% from the past four quarters average of 20.6.
GD PE ratio history
The average historical PE ratio of General Dynamics for the last ten years is 17.75. The current P/E ratio of 20.0 is 13% higher than 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 |
|---|---|---|---|---|
| Mar 2025 | 18.46 | -3.25% | $269.08 | $14.58 |
| 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 |
GD Price vs fair value
GD average PE ratio chart
GD's current P/E ratio is above the 3, 5 and 10-year averages.
GD PE vs peers
In comparison to its peers HON and KTOS, GD's PE ratio is lower, but it is higher than LMT's and NOC's. General Dynamics's PE ratio is trading below the peer group average of 21.03.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TXT Textron Inc | 17.92 | $14.5B |
| NOC Northrop Grumman Corp | 19.7 | $71.96B |
| LMT Lockheed Martin Corp | 19.9 | $108.51B |
| GD General Dynamics Corp | 20 | $78.28B |
| HON Honeywell International Inc | 26.61 | $149.67B |
| KTOS Kratos Defense & Security Solutions Inc | 357.31 | $7.13B |
| BA Boeing Co | N/A | $157.99B |
Frequently asked questions
What is General Dynamics's PE ratio?
The price to earnings ratio for GD stock is 20 as of Jun 30, 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 19.79.
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 18.51.
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 13% higher 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 (Jun 30, 2025), General Dynamics's stock price is $291.66. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $14.58. Therefore, General Dynamics's PE ratio for today is 20. PE RATIO(20) = STOCK PRICE($291.66) / TTM EPS($14.58)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.