General Dynamics
Financial Performance
General Dynamics Revenue & Financials
Revenue
$47.5B (FY2024)
Market Cap
$82.5B
Net Income
$3.6B
Employees
106,500
What is General Dynamics's revenue?
General Dynamics had $47.5B in revenue for fiscal year 2024, up 12.4% from 2023. Net income was $3.6B.
- Latest revenue
- $47.5B (FY2024)
- Year-over-year
- +12.4%
- Growth rate (CAGR)
- 7.3% over 3 years
- Peak revenue
- $47.5B (FY2024)
- Years of data
- 4
- Employees
- 106,500
- How much profit does General Dynamics make?
- General Dynamics reported net income of $3.6B for fiscal year 2024. sec.gov
- How many employees does General Dynamics have?
- General Dynamics has about 106,500 employees.
Financial Analysis
General Dynamics maintains an institutional-grade financial profile characterized by $42.3B in annual gross revenue, positive operating income, and strong free cash flow conversion. Conservative capital management ensures ample balance sheet liquidity to withstand economic cycles.
Revenue Trend Analysis
YoY Change
+12.4%
3-Year CAGR
+7.3%
Peak Year
2024
Trend
Consistent Growth
General Dynamics has 4 full fiscal year figures on this page, compounding at +7.3% annually over 3 years. The most recent year saw a 12.4% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at $47.5B. Of 3 comparable year-over-year steps, 3 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change | Source |
|---|---|---|---|---|
| FY2024 | $47.5B | $3.6B | +12.4% | General Dynamics annual financial report (SEC Filing) |
| FY2023 | $42.3B | $3.3B | +7.3% | General Dynamics annual financial report (Investor Relations) |
| FY2022 | $39.4B | $3.4B | +2.4% | General Dynamics annual financial report (SEC Filing) |
| FY2021 | $38.5B | $3.3B | — | General Dynamics annual financial report (Investor Relations) |
Click any row to see year details.
Keep researching General Dynamics
General Dynamics Revenue and Financial FAQ
What was General Dynamics's total revenue in the most recent fiscal year?
General Dynamics recorded approximately $42.3B in total revenue, driven by robust performance across its flagship operating segments.
Is General Dynamics a profitable enterprise?
Yes. General Dynamics generates strong positive operating income and robust operating cash flow, reflecting disciplined cost management, pricing power, and high operating leverage.
How does General Dynamics allocate its free cash flow?
General Dynamics directs its free cash flow toward technological innovation, enterprise infrastructure modernization, selective strategic acquisitions, and maintaining conservative capital reserves.
What is General Dynamics's credit and liquidity profile?
General Dynamics maintains a conservative liquidity structure with substantial cash reserves, access to multi-currency credit facilities, and investment-grade debt underwriting standards.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "General Dynamics Revenue & Financials." CorpDigest, https://corpdigest.com/company/general-dynamics/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>General Dynamics reported $47.5B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/general-dynamics/financials" target="_blank" rel="noopener">CorpDigest — General Dynamics financials</a></div>Related Financial Audits
Compare revenue, net income, and market cap scale
Explore General Dynamics
Core profile pages, founders and related research hubs for this company.