Stock Analysis on Net

General Dynamics Corp. (NYSE:GD)

This company has been moved to the archive! The financial data has not been updated since October 28, 2020.

Common-Size Income Statement
Quarterly Data

General Dynamics Corp., common-size consolidated income statement (quarterly data)

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3 months ended: Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 31, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jul 1, 2018 Apr 1, 2018 Dec 31, 2017 Oct 1, 2017 Jul 2, 2017 Apr 2, 2017 Dec 31, 2016 Oct 2, 2016 Jul 3, 2016 Apr 3, 2016 Dec 31, 2015 Oct 4, 2015 Jul 5, 2015 Apr 5, 2015
Products 57.83 59.42 55.89 62.09 59.31 56.53 56.70 57.59 53.24 51.75 60.73 62.55 62.24 60.64 60.03 64.73 62.66 63.25 62.97 65.19 64.04 65.19 63.36
Services 42.17 40.58 44.11 37.91 40.69 43.47 43.30 42.41 46.76 48.25 39.27 37.45 37.76 39.36 39.97 35.27 37.34 36.75 37.03 34.81 35.96 34.81 36.64
Revenue 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Products -47.21 -49.69 -45.53 -49.68 -47.54 -45.44 -45.73 -46.72 -41.75 -40.30 -47.06 -50.10 -47.94 -46.67 -46.18 -50.47 -48.60 -48.88 -48.99 -51.02 -50.50 -51.14 -49.06
Services -35.88 -35.04 -37.47 -32.15 -34.15 -36.91 -36.69 -35.87 -39.70 -41.44 -32.44 -31.19 -31.45 -32.99 -33.45 -29.61 -31.48 -30.82 -31.42 -29.24 -30.61 -29.22 -31.28
Cost of revenue -83.09% -84.73% -82.99% -81.83% -81.68% -82.35% -82.42% -82.60% -81.45% -81.74% -79.50% -81.30% -79.39% -79.66% -79.63% -80.08% -80.08% -79.70% -80.41% -80.25% -81.11% -80.36% -80.34%
Gross profit 16.91% 15.27% 17.01% 18.17% 18.32% 17.65% 17.58% 17.40% 18.55% 18.26% 20.50% 18.70% 20.61% 20.34% 20.37% 19.92% 19.92% 20.30% 19.59% 19.75% 18.89% 19.64% 19.66%
General and administrative (G&A) -5.42 -6.20 -6.25 -5.84 -5.86 -6.24 -6.63 -5.59 -6.07 -6.41 -7.13 -6.21 -6.73 -6.58 -6.46 -6.35 -6.09 -6.34 -5.96 -6.48 -5.95 -5.92 -6.46
Operating earnings 11.49% 9.08% 10.76% 12.33% 12.46% 11.41% 10.95% 11.81% 12.48% 11.84% 13.38% 12.49% 13.88% 13.76% 13.91% 13.57% 13.83% 13.96% 13.63% 13.27% 12.93% 13.71% 13.19%
Other, net 0.13 0.19 0.16 -0.04 -0.12 0.13 0.19 0.17 0.02 -0.16 -0.28 0.01 0.03 0.00 0.00 0.00 0.03 0.01 0.13 0.03 0.03 0.00 0.04
Interest, net -1.25 -1.42 -1.22 -1.02 -1.17 -1.25 -1.26 -1.08 -1.25 -1.12 -0.36 -0.33 -0.36 -0.31 -0.34 -0.28 -0.30 -0.30 -0.28 -0.24 -0.29 -0.25 -0.27
Earnings from continuing operations before income tax 10.37% 7.85% 9.69% 11.27% 11.17% 10.29% 9.88% 10.91% 11.25% 10.56% 12.74% 12.18% 13.55% 13.45% 13.57% 13.29% 13.56% 13.67% 13.48% 13.05% 12.67% 13.46% 12.96%
Provision for income tax, net -1.53 -1.10 -1.62 -1.80 -1.81 -1.85 -1.84 -2.15 -1.75 -2.00 -2.14 -4.49 -3.47 -3.69 -3.32 -3.49 -3.63 -3.78 -4.03 -3.27 -3.50 -3.92 -3.76
Earnings from continuing operations 8.84% 6.75% 8.07% 9.47% 9.35% 8.44% 8.04% 8.76% 9.50% 8.56% 10.60% 7.68% 10.08% 9.76% 10.25% 9.80% 9.92% 9.89% 9.45% 9.78% 9.17% 9.54% 9.20%
Discontinued operations, net of tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.14 0.00 0.00 0.00 0.00 0.00 0.00 -0.12 -1.09 0.00 -0.17 0.00 0.00 0.00 0.00
Net earnings 8.84% 6.75% 8.07% 9.47% 9.35% 8.44% 8.04% 8.76% 9.36% 8.56% 10.60% 7.68% 10.08% 9.76% 10.25% 9.68% 8.83% 9.89% 9.28% 9.78% 9.17% 9.54% 9.20%

Based on: 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-07-01), 10-Q (reporting date: 2018-04-01), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-10-01), 10-Q (reporting date: 2017-07-02), 10-Q (reporting date: 2017-04-02), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-10-02), 10-Q (reporting date: 2016-07-03), 10-Q (reporting date: 2016-04-03), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-10-04), 10-Q (reporting date: 2015-07-05), 10-Q (reporting date: 2015-04-05).

Income statement item Description The company
Operating earnings The net result for the period of deducting operating expenses from operating revenues. General Dynamics Corp. operating earnings as a percentage of revenue decreased from Q1 2020 to Q2 2020 but then increased from Q2 2020 to Q3 2020 exceeding Q1 2020 level.
Earnings from continuing operations before income tax Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. General Dynamics Corp. earnings from continuing operations before income tax as a percentage of revenue decreased from Q1 2020 to Q2 2020 but then increased from Q2 2020 to Q3 2020 exceeding Q1 2020 level.
Net earnings The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. General Dynamics Corp. net earnings as a percentage of revenue decreased from Q1 2020 to Q2 2020 but then increased from Q2 2020 to Q3 2020 exceeding Q1 2020 level.