Stock Analysis on Net

General Dynamics Corp. (NYSE:GD)

$22.49

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

Net Profit Margin
since 2005

Microsoft Excel

Paying user area

The data is hidden behind: . Unhide it.

This is a one-time payment. There is no automatic renewal.


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Calculation

General Dynamics Corp., net profit margin, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$ in millions


Net Earnings (Loss)
Net earnings demonstrated an overall upward trajectory from 2005 to 2019, increasing from 1,461 million USD to 3,484 million USD. A significant anomaly occurred in 2012, where the company reported a net loss of 332 million USD, representing a sharp deviation from previous years of consistent profitability. Except for the loss in 2012, net earnings generally increased year-over-year with slight fluctuations, reaching peak values in 2019.
Revenues
Revenues exhibited growth over the analyzed period with some irregularities. From 2005 to 2007, revenues rose steadily from approximately 21,244 million USD to 27,240 million USD. Data for 2008 appears incomplete or anomalous with an unusually low value of 2,930 million USD, a stark drop that is inconsistent with surrounding years. Adjusting for this irregularity, revenues generally increased from 2009 onwards, culminating at 39,350 million USD in 2019, reflecting a solid growth trend in overall sales volume.
Net Profit Margin
The net profit margin maintained relative stability with gradual improvements between 2005 and 2011, ranging mostly between 6.88% and 8.08%. The year 2008 shows a highly abnormal margin of 83.92%, likely reflecting the problematic revenue data for that year. After 2011, the margin declined into negative territory in 2012 (-1.05%), consistent with the recorded net loss that year. Subsequently, the margin recovered and stabilized in the range of approximately 7.55% to 9.42% for the following years, with a slight downward trend toward 8.85% in 2019.
Overall Insights
The financial data reveals steady growth in net earnings and revenues over the long term, interrupted by significant abnormalities in 2008 and 2012 that suggest extraordinary events or accounting adjustments during those years. The company's profitability, as evidenced by the profit margin, remained stable, aside from the outliers coinciding with the anomalies in earnings and revenues. Excluding the irregular years, the firm shows a consistent capability to generate profit from increasing revenues, with net profit margins generally in the 7%-9% range. These patterns highlight the company's resilience and growth in profitability over the evaluated period, despite occasional setbacks.

Comparison to Competitors

General Dynamics Corp., net profit margin, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).


Comparison to Sector (Capital Goods)

General Dynamics Corp., net profit margin, long-term trends, comparison to sector (capital goods)

Microsoft Excel

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).


Comparison to Industry (Industrials)

General Dynamics Corp., net profit margin, long-term trends, comparison to industry (industrials)

Microsoft Excel

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).