GD currently shows a PEG ratio reading of 2.22 as of Jul 31, 2026. Dividing the 23.06 PE ratio by the 10.4% earnings growth rate produces this figure. When benchmarked against the trailing 4-quarter average of 1.76, GD's PEG ratio reflects a 26% increase.
A ten years lookback reveals an average PEG ratio of 4.3 for General Dynamics. Compared to historical data, GD's 2.22 PEG ratio represents a decrease of 48%. The ten years high came in the Mar 2024 quarter at 45.56, reflecting peak valuation relative to growth. The bottom was reached in the Dec 2018 quarter at 0.85, suggesting favorable value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 1.62 | 21.51 | 13.3% |
| 2024 | 1.38 | 19.08 | 13.8% |
| 2023 | N/A | 21.39 | -1.4% |
| 2022 | 3.36 | 20.16 | 6% |
| 2021 | 3.45 | 17.96 | 5.2% |
| 2020 | N/A | 13.48 | -8.7% |
| 2019 | 2.18 | 14.59 | 6.7% |
| 2018 | 0.85 | 13.88 | 16.4% |
| 2017 | 1.37 | 20.91 | 15.3% |
| 2016 | N/A | 20.46 | -10.7% |
| 2015 | 0.58 | 14.54 | 25% |
| 2014 | 1.46 | 18.2 | 12.5% |
| 2013 | 0.02 | 14.22 | 814.9% |
| 2012 | N/A | N/A | -113.5% |
| 2011 | 10.63 | 9.57 | 0.9% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jul 2026 | 2.16 | 22.46 | 10.4% |
| Apr 2026 | 2.04 | 21.66 | 10.6% |
| Dec 2025 | 1.62 | 21.51 | 13.3% |
| Sep 2025 | 1.22 | 21.18 | 17.3% |
| Jun 2025 | 1.21 | 19.31 | 16% |
| Mar 2025 | 1.05 | 18.46 | 17.6% |
| Dec 2024 | 1.38 | 19.08 | 13.8% |
| Sep 2024 | 2.21 | 22.57 | 10.2% |
| Jun 2024 | 3.99 | 22.35 | 5.6% |
| Mar 2024 | 45.56 | 22.78 | 0.5% |
| Dec 2023 | N/A | 21.39 | -1.4% |
| Oct 2023 | N/A | 18.31 | -0.2% |
| Jul 2023 | 5.15 | 17.51 | 3.4% |
| Apr 2023 | 3.7 | 18.49 | 5% |
| Dec 2022 | 3.36 | 20.16 | 6% |
GD's PEG ratio today comes in under the 3, 5 and 10-year averages.
General Dynamics's PEG of 2.22 is higher than the Industrials sector, the industry and its peers average. In comparison with the Industrials sector average of 1.1, General Dynamics's PEG is 102% higher.
Relative to its peers, GD's PEG ratio is below KTOS's yet above BA's and LMT's. General Dynamics's PEG ratio of 2.22 is above the peer average of 0.63.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| HON Honeywell International Inc | 0.2 | $78.21B |
| LMT Lockheed Martin Corp | 0.41 | $134.67B |
| BA Boeing Company | 0.68 | $177.09B |
| TXT Textron Inc | 0.82 | $14.9B |
| NOC Northrop Grumman Corp | 1.09 | $78.08B |
| GD General Dynamics Corp | 2.23 | $104.21B |
| KTOS Kratos Defense & Security Solutions Inc | 6.83 | $8.88B |
GD has a PEG ratio of 2.22, per Jul 31, 2026 data.
GD shows a 3-year average PEG ratio of 6.24.
GD shows a 5-year average PEG ratio of 5.33.
The Mar 2024 quarter marked the ten years high at 45.56 for GD's PEG ratio.
Compared to the 10-year average, GD's PEG ratio sits 48% lower.
A 2.22 PEG ratio for GD suggests the stock trades at a premium relative to its growth trajectory.
Computing the PEG ratio involves dividing the PE ratio by the company's EPS growth rate (YoY TTM). As of Jul 31, 2026, General Dynamics carries a PE ratio of 23.06. Earnings grew at 10.4% over the TTM period ending Jul 2026. Applying the formula, this yields a PEG ratio of 2.22. PEG RATIO(2.22) = PE RATIO(23.06) / EPS GROWTH(10.4%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.