Stock Analysis on Net
Stock Analysis on Net

General Dynamics Corp. (NYSE:GD)

This company was transferred to the archive: financial data is no longer updated!

Analysis of Long-term (Investment) Activity Ratios
Quarterly Data

Beginner level

Long-term Activity Ratios (Summary)

General Dynamics Corp., long-term (investment) activity ratios (quarterly data)

Microsoft Excel LibreOffice Calc
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
Net fixed asset turnover 7.86 8.17 8.56 8.79 9.24 9.36 9.35 8.32 8.03 7.80 8.79 8.81 8.94 9.08 9.11 9.04 8.98 9.07 9.03 9.08
Total asset turnover 0.76 0.77 0.72 0.81 0.80 0.80 0.80 0.80 0.73 0.69 0.83 0.88 0.89 0.92 0.94 0.95 0.95 0.98 0.99 0.98
Equity turnover 2.60 2.78 2.94 2.90 2.88 2.97 3.10 3.08 2.67 2.72 2.64 2.71 2.67 2.84 2.94 2.86 2.73 2.84 2.97 2.93

Based on: 10-Q (filing date: 2020-10-28), 10-Q (filing date: 2020-07-29), 10-Q (filing date: 2020-04-29), 10-K (filing date: 2020-02-10), 10-Q (filing date: 2019-10-23), 10-Q (filing date: 2019-07-24), 10-Q (filing date: 2019-04-24), 10-K (filing date: 2019-02-13), 10-Q (filing date: 2018-10-24), 10-Q (filing date: 2018-07-25), 10-Q (filing date: 2018-04-25), 10-K (filing date: 2018-02-12), 10-Q (filing date: 2017-10-25), 10-Q (filing date: 2017-07-26), 10-Q (filing date: 2017-04-26), 10-K (filing date: 2017-02-06), 10-Q (filing date: 2016-10-26), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-27), 10-K (filing date: 2016-02-08), 10-Q (filing date: 2015-10-28), 10-Q (filing date: 2015-07-29), 10-Q (filing date: 2015-04-29).

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. General Dynamics Corp.’s net fixed asset turnover ratio deteriorated from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.
Total asset turnover An activity ratio calculated as total revenue divided by total assets. General Dynamics Corp.’s total asset turnover ratio improved from Q1 2020 to Q2 2020 but then slightly deteriorated from Q2 2020 to Q3 2020.
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. General Dynamics Corp.’s equity turnover ratio deteriorated from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.

Net Fixed Asset Turnover

General Dynamics Corp., net fixed asset turnover calculation (quarterly data)

Microsoft Excel LibreOffice Calc
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
Selected Financial Data (US$ in millions)
Revenue 9,431  9,264  8,749  10,773  9,761  9,555  9,261  10,378  9,094  9,186  7,535  8,277  7,580  7,675  7,441  8,233  7,731  7,665  7,724  7,809  7,994  7,882  7,784 
Property, plant and equipment, net 4,863  4,721  4,537  4,475  4,217  4,091  4,054  4,348  4,244  4,179  3,533  3,517  3,461  3,424  3,412  3,467  3,445  3,440  3,477  3,466  3,370  3,329  3,323 
Long-term Activity Ratio
Net fixed asset turnover1 7.86 8.17 8.56 8.79 9.24 9.36 9.35 8.32 8.03 7.80 8.79 8.81 8.94 9.08 9.11 9.04 8.98 9.07 9.03 9.08
Benchmarks
Net Fixed Asset Turnover, Competitors2
Boeing Co. 5.08 5.47 5.69 6.12 6.94 7.31 7.99 8.00 7.81 7.72 7.59 7.37 7.18 7.09 7.24 7.38
Lockheed Martin Corp. 9.44 9.44 9.25 9.07 9.35 9.32 9.20 8.78 9.23 9.05 8.98 8.84 9.01 8.87 8.75 8.51
Northrop Grumman Corp. 4.91 4.91 4.93 4.90 5.03 5.04 4.91 4.72 4.74 4.61 6.13 6.11 6.51 6.63 6.79 6.83
Raytheon Technologies Corp. 4.52 4.82 6.16 6.04 6.19 5.90 5.70 5.41 6.27 6.20 5.96 5.87 6.02 6.13 6.23 6.25

Based on: 10-Q (filing date: 2020-10-28), 10-Q (filing date: 2020-07-29), 10-Q (filing date: 2020-04-29), 10-K (filing date: 2020-02-10), 10-Q (filing date: 2019-10-23), 10-Q (filing date: 2019-07-24), 10-Q (filing date: 2019-04-24), 10-K (filing date: 2019-02-13), 10-Q (filing date: 2018-10-24), 10-Q (filing date: 2018-07-25), 10-Q (filing date: 2018-04-25), 10-K (filing date: 2018-02-12), 10-Q (filing date: 2017-10-25), 10-Q (filing date: 2017-07-26), 10-Q (filing date: 2017-04-26), 10-K (filing date: 2017-02-06), 10-Q (filing date: 2016-10-26), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-27), 10-K (filing date: 2016-02-08), 10-Q (filing date: 2015-10-28), 10-Q (filing date: 2015-07-29), 10-Q (filing date: 2015-04-29).

1 Q3 2020 Calculation
Net fixed asset turnover = (RevenueQ3 2020 + RevenueQ2 2020 + RevenueQ1 2020 + RevenueQ4 2019) ÷ Property, plant and equipment, net
= (9,431 + 9,264 + 8,749 + 10,773) ÷ 4,863 = 7.86

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. General Dynamics Corp.’s net fixed asset turnover ratio deteriorated from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.

Total Asset Turnover

General Dynamics Corp., total asset turnover calculation (quarterly data)

Microsoft Excel LibreOffice Calc
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
Selected Financial Data (US$ in millions)
Revenue 9,431  9,264  8,749  10,773  9,761  9,555  9,261  10,378  9,094  9,186  7,535  8,277  7,580  7,675  7,441  8,233  7,731  7,665  7,724  7,809  7,994  7,882  7,784 
Total assets 50,258  50,222  53,710  48,841  48,788  48,074  47,466  45,408  46,963  47,152  37,219  35,046  34,914  33,793  33,211  32,872  32,668  31,769  31,702  31,997  32,980  33,654  34,385 
Long-term Activity Ratio
Total asset turnover1 0.76 0.77 0.72 0.81 0.80 0.80 0.80 0.80 0.73 0.69 0.83 0.88 0.89 0.92 0.94 0.95 0.95 0.98 0.99 0.98
Benchmarks
Total Asset Turnover, Competitors2
Boeing Co. 0.38 0.41 0.49 0.57 0.66 0.73 0.84 0.86 0.86 0.86 0.84 1.01 1.00 1.01 1.04 1.05
Lockheed Martin Corp. 1.27 1.27 1.24 1.26 1.18 1.20 1.18 1.20 1.20 1.16 1.11 1.10 1.01 1.01 0.98 0.99
Northrop Grumman Corp. 0.79 0.80 0.79 0.82 0.82 0.83 0.79 0.80 0.75 0.72 0.76 0.74 0.96 0.98 0.98 0.96
Raytheon Technologies Corp. 0.41 0.44 0.55 0.55 0.54 0.52 0.51 0.50 0.56 0.62 0.62 0.62 0.61 0.61 0.64 0.64

Based on: 10-Q (filing date: 2020-10-28), 10-Q (filing date: 2020-07-29), 10-Q (filing date: 2020-04-29), 10-K (filing date: 2020-02-10), 10-Q (filing date: 2019-10-23), 10-Q (filing date: 2019-07-24), 10-Q (filing date: 2019-04-24), 10-K (filing date: 2019-02-13), 10-Q (filing date: 2018-10-24), 10-Q (filing date: 2018-07-25), 10-Q (filing date: 2018-04-25), 10-K (filing date: 2018-02-12), 10-Q (filing date: 2017-10-25), 10-Q (filing date: 2017-07-26), 10-Q (filing date: 2017-04-26), 10-K (filing date: 2017-02-06), 10-Q (filing date: 2016-10-26), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-27), 10-K (filing date: 2016-02-08), 10-Q (filing date: 2015-10-28), 10-Q (filing date: 2015-07-29), 10-Q (filing date: 2015-04-29).

1 Q3 2020 Calculation
Total asset turnover = (RevenueQ3 2020 + RevenueQ2 2020 + RevenueQ1 2020 + RevenueQ4 2019) ÷ Total assets
= (9,431 + 9,264 + 8,749 + 10,773) ÷ 50,258 = 0.76

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Total asset turnover An activity ratio calculated as total revenue divided by total assets. General Dynamics Corp.’s total asset turnover ratio improved from Q1 2020 to Q2 2020 but then slightly deteriorated from Q2 2020 to Q3 2020.

Equity Turnover

General Dynamics Corp., equity turnover calculation (quarterly data)

Microsoft Excel LibreOffice Calc
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
Selected Financial Data (US$ in millions)
Revenue 9,431  9,264  8,749  10,773  9,761  9,555  9,261  10,378  9,094  9,186  7,535  8,277  7,580  7,675  7,441  8,233  7,731  7,665  7,724  7,809  7,994  7,882  7,784 
Shareholders’ equity 14,716  13,890  13,200  13,577  13,513  12,877  12,234  11,732  12,755  11,994  11,774  11,435  11,564  10,952  10,583  10,976  11,317  10,995  10,582  10,738  10,734  11,276  11,520 
Long-term Activity Ratio
Equity turnover1 2.60 2.78 2.94 2.90 2.88 2.97 3.10 3.08 2.67 2.72 2.64 2.71 2.67 2.84 2.94 2.86 2.73 2.84 2.97 2.93
Benchmarks
Equity Turnover, Competitors2
Boeing Co. 805.30 298.31 78.39 263.08 84.08 978.05 115.75
Lockheed Martin Corp. 12.97 16.77 17.74 19.13 14.99 20.17 22.91 38.57 57.78 125.81 23.67 38.77 32.32 31.27
Northrop Grumman Corp. 3.37 3.57 3.78 3.84 3.42 3.57 3.61 3.68 3.14 3.28 3.42 3.66 3.94 4.26 4.47 4.66
Raytheon Technologies Corp. 0.97 1.06 1.95 1.84 1.87 1.78 1.75 1.73 2.00 2.00 2.01 2.02 1.97 2.04 2.09 2.08

Based on: 10-Q (filing date: 2020-10-28), 10-Q (filing date: 2020-07-29), 10-Q (filing date: 2020-04-29), 10-K (filing date: 2020-02-10), 10-Q (filing date: 2019-10-23), 10-Q (filing date: 2019-07-24), 10-Q (filing date: 2019-04-24), 10-K (filing date: 2019-02-13), 10-Q (filing date: 2018-10-24), 10-Q (filing date: 2018-07-25), 10-Q (filing date: 2018-04-25), 10-K (filing date: 2018-02-12), 10-Q (filing date: 2017-10-25), 10-Q (filing date: 2017-07-26), 10-Q (filing date: 2017-04-26), 10-K (filing date: 2017-02-06), 10-Q (filing date: 2016-10-26), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-27), 10-K (filing date: 2016-02-08), 10-Q (filing date: 2015-10-28), 10-Q (filing date: 2015-07-29), 10-Q (filing date: 2015-04-29).

1 Q3 2020 Calculation
Equity turnover = (RevenueQ3 2020 + RevenueQ2 2020 + RevenueQ1 2020 + RevenueQ4 2019) ÷ Shareholders’ equity
= (9,431 + 9,264 + 8,749 + 10,773) ÷ 14,716 = 2.60

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. General Dynamics Corp.’s equity turnover ratio deteriorated from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.