
General Dynamics Corporation
GDFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
47,716
Cost of Revenue
40,352
Gross Profit
7,364
Gross Margin
15.4%
Operating Income
4,796
Operating Margin
10.1%
Net Income
3,782
Net Margin
7.9%
EPS (Basic)
$13.81
EPS (Diluted)
$13.63
EBITDA
5,819
EBITDA Margin
12.2%
2023
12/31/2023
Revenue
42,272
Cost of Revenue
35,600
Gross Profit
6,672
Gross Margin
15.8%
Operating Income
4,245
Operating Margin
10.0%
Net Income
3,315
Net Margin
7.8%
EPS (Basic)
$12.14
EPS (Diluted)
$12.02
EBITDA
5,246
EBITDA Margin
12.4%
2022
12/31/2022
Revenue
39,407
Cost of Revenue
32,785
Gross Profit
6,622
Gross Margin
16.8%
Operating Income
4,211
Operating Margin
10.7%
Net Income
3,390
Net Margin
8.6%
EPS (Basic)
$12.31
EPS (Diluted)
$12.19
EBITDA
5,311
EBITDA Margin
13.5%
2021
12/31/2021
Revenue
38,469
Cost of Revenue
32,061
Gross Profit
6,408
Gross Margin
16.7%
Operating Income
4,163
Operating Margin
10.8%
Net Income
3,257
Net Margin
8.5%
EPS (Basic)
$11.61
EPS (Diluted)
$11.55
EBITDA
5,194
EBITDA Margin
13.5%
2020
12/31/2020
Revenue
37,925
Cost of Revenue
31,600
Gross Profit
6,325
Gross Margin
16.7%
Operating Income
4,133
Operating Margin
10.9%
Net Income
3,167
Net Margin
8.4%
EPS (Basic)
$11.04
EPS (Diluted)
$11.00
EBITDA
5,105
EBITDA Margin
13.5%