General Dynamics annual free cash flow
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2025
General Dynamics Free Cash Flow (FCF) History (GD)
General Dynamics reported $3.96B in free cash flow for fiscal 2025, an increase of 23.87% from the previous fiscal year, with a free cash flow margin of 7.53%.
View full General Dynamics company overviewGeneral Dynamics free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $3.96B | $763.0M | +23.87% | +7.53% |
| 2024 | 2024-12-31 | $3.20B | −$610.0M | −16.03% | +6.70% |
| 2023 | 2023-12-31 | $3.81B | $341.0M | +9.84% | +9.00% |
| 2022 | 2022-12-31 | $3.46B | $81.0M | +2.39% | +8.79% |
| 2021 | 2021-12-31 | $3.38B | $493.0M | +17.05% | +8.80% |
| 2020 | 2020-12-31 | $2.89B | $897.0M | +44.98% | +7.62% |
| 2019 | 2019-12-31 | $1.99B | −$464.0M | −18.88% | +5.07% |
| 2018 | 2018-12-31 | $2.46B | −$990.0M | −28.71% | +6.79% |
| 2017 | 2017-12-31 | $3.45B | $1.68B | +94.69% | +11.13% |
| 2016 | 2016-12-31 | $1.77B | −$159.0M | −8.24% | +5.79% |
| 2015 | 2015-12-31 | $1.93B | −$1.28B | −39.82% | +6.07% |
| 2014 | 2014-12-31 | $3.21B | $532.0M | +19.89% | +10.39% |
| 2013 | 2013-12-31 | $2.67B | $505.0M | +23.27% | +8.65% |
| 2012 | 2012-12-31 | $2.17B | −$610.0M | −21.94% | +7.00% |
| 2011 | 2011-12-31 | $2.78B | $164.0M | +6.27% | +8.51% |
| 2010 | 2010-12-31 | $2.62B | $146.0M | +5.91% | +8.06% |
| 2009 | 2009-12-31 | $2.47B | −$164.0M | −6.23% | +7.72% |
| 2008 | 2008-12-31 | $2.63B | $156.0M | +6.30% | +8.99% |
| 2007 | 2007-12-31 | $2.48B | — | — | +9.10% |
General Dynamics quarterly free cash flow
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| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q1 2026 | 2026-04-05 | $1.95B | $2.24B | — | +14.48% |
| Q4 2025 | 2025-12-31 | $952.0M | −$853.0M | −47.26% | +6.62% |
| Q3 2025 | 2025-09-28 | $1.90B | $682.0M | +56.13% | +14.70% |
| Q2 2025 | 2025-06-29 | $1.40B | $787.0M | +128.38% | +10.74% |
| Q1 2025 | 2025-03-30 | −$290.0M | $147.0M | — | −2.37% |
| Q4 2024 | 2024-12-31 | $1.80B | $913.0M | +102.35% | +13.53% |
| Q3 2024 | 2024-09-29 | $1.22B | $121.0M | +11.06% | +10.41% |
| Q2 2024 | 2024-06-30 | $613.0M | $94.0M | +18.11% | +5.12% |
| Q1 2024 | 2024-03-31 | −$437.0M | −$1.74B | — | −4.07% |
| Q4 2023 | 2023-12-31 | $892.0M | $717.0M | +409.71% | +7.64% |
| Q3 2023 | 2023-10-01 | $1.09B | $66.0M | +6.42% | +10.35% |
| Q2 2023 | 2023-07-02 | $519.0M | $84.0M | +19.31% | +5.11% |
| Q1 2023 | 2023-04-02 | $1.30B | −$526.0M | −28.79% | +13.17% |
| Q4 2022 | 2022-12-31 | $175.0M | −$1.12B | −86.51% | +1.61% |
| Q3 2022 | 2022-10-02 | $1.03B | −$247.0M | −19.37% | +10.31% |
| Q2 2022 | 2022-07-03 | $435.0M | −$508.0M | −53.87% | +4.73% |
| Q1 2022 | 2022-04-03 | $1.83B | $1.96B | — | +19.45% |
| Q4 2021 | 2021-12-31 | $1.30B | −$920.0M | −41.50% | +12.60% |
| Q3 2021 | 2021-10-03 | $1.27B | $372.0M | +41.20% | +13.33% |
| Q2 2021 | 2021-07-04 | $943.0M | $321.0M | +51.61% | +10.23% |
| Q1 2021 | 2021-04-04 | −$131.0M | $720.0M | — | −1.40% |
| Q4 2020 | 2020-12-31 | $2.22B | $204.0M | +10.13% | +21.15% |
| Q3 2020 | 2020-09-27 | $903.0M | $56.0M | +6.61% | +9.57% |
| Q2 2020 | 2020-06-28 | $622.0M | $512.0M | +465.45% | +6.71% |
| Q1 2020 | 2020-03-29 | −$851.0M | $125.0M | — | −9.73% |
| Q4 2019 | 2019-12-31 | $2.01B | $189.0M | +10.36% | +18.69% |
| Q3 2019 | 2019-09-29 | $847.0M | $225.0M | +36.17% | +8.68% |
| Q2 2019 | 2019-06-30 | $110.0M | −$502.0M | −82.03% | +1.15% |
| Q1 2019 | 2019-03-31 | −$976.0M | −$376.0M | — | −10.54% |
| Q4 2018 | 2018-12-31 | $1.82B | −$15.0M | −0.82% | +17.58% |
| Q3 2018 | 2018-09-30 | $622.0M | −$130.0M | −17.29% | +6.84% |
| Q2 2018 | 2018-07-01 | $612.0M | $226.0M | +58.55% | +6.66% |
| Q1 2018 | 2018-04-01 | −$600.0M | −$1.07B | — | −7.96% |
| Q4 2017 | 2017-12-31 | $1.84B | $1.20B | +186.00% | +22.22% |
| Q3 2017 | 2017-10-01 | $752.0M | $363.0M | +93.32% | +9.92% |
| Q2 2017 | 2017-07-02 | $386.0M | $21.0M | +5.75% | +5.03% |
| Q1 2017 | 2017-04-02 | $471.0M | $97.0M | +25.94% | +6.33% |
| Q4 2016 | 2016-12-31 | $643.0M | $523.0M | +435.83% | +8.40% |
| Q3 2016 | 2016-10-02 | $389.0M | −$178.0M | −31.39% | +5.08% |
| Q2 2016 | 2016-07-03 | $365.0M | −$231.0M | −38.76% | +4.70% |
| Q1 2016 | 2016-04-03 | $374.0M | −$273.0M | −42.19% | +5.00% |
| Q4 2015 | 2015-12-31 | $120.0M | $374.0M | — | +1.48% |
| Q3 2015 | 2015-10-04 | $567.0M | −$1.76B | −75.65% | +7.09% |
| Q2 2015 | 2015-07-05 | $596.0M | −$201.0M | −25.22% | +7.56% |
| Q1 2015 | 2015-04-05 | $647.0M | $312.0M | +93.13% | +8.31% |
| Q4 2014 | 2014-12-31 | −$254.0M | −$1.64B | — | −3.04% |
| Q3 2014 | 2014-09-28 | $2.33B | $1.97B | +539.84% | +30.05% |
| Q2 2014 | 2014-06-29 | $797.0M | $304.0M | +61.66% | +10.66% |
| Q1 2014 | 2014-03-30 | $335.0M | −$94.0M | −21.91% | +4.61% |
| Q4 2013 | 2013-12-31 | $1.39B | $840.0M | +153.01% | +17.46% |
| Q3 2013 | 2013-09-29 | $364.0M | −$230.0M | −38.72% | +4.71% |
| Q2 2013 | 2013-06-30 | $493.0M | −$185.0M | −27.29% | +6.29% |
| Q1 2013 | 2013-03-31 | $429.0M | $80.0M | +22.92% | +5.79% |
| Q4 2012 | 2012-12-31 | $549.0M | −$1.29B | −70.11% | +7.26% |
| Q3 2012 | 2012-09-30 | $594.0M | $578.0M | +3612.50% | +7.49% |
| Q2 2012 | 2012-07-01 | $678.0M | $18.0M | +2.73% | +8.56% |
| Q1 2012 | 2012-04-01 | $349.0M | $82.0M | +30.71% | +4.60% |
| Q4 2011 | 2011-12-31 | $1.84B | $569.0M | +44.87% | +20.08% |
| Q3 2011 | 2011-10-02 | $16.0M | −$768.0M | −97.96% | +0.20% |
| Q2 2011 | 2011-07-03 | $660.0M | $246.0M | +59.42% | +8.38% |
| Q1 2011 | 2011-04-03 | $267.0M | $117.0M | +78.00% | +3.42% |
| Q4 2010 | 2010-12-31 | $1.27B | −$96.0M | −7.04% | +14.74% |
| Q3 2010 | 2010-10-03 | $784.0M | $271.0M | +52.83% | +9.79% |
| Q2 2010 | 2010-07-04 | $414.0M | −$106.0M | −20.38% | +5.11% |
| Q1 2010 | 2010-04-04 | $150.0M | $77.0M | +105.48% | +1.94% |
| Q4 2009 | 2009-12-31 | $1.36B | $615.0M | +82.11% | +17.27% |
| Q3 2009 | 2009-10-04 | $513.0M | — | — | +6.65% |
| Q2 2009 | 2009-07-05 | $520.0M | — | — | +6.42% |
| Q1 2009 | 2009-04-05 | $73.0M | — | — | +0.88% |
| Q3 2008 | 2008-09-28 | $749.0M | — | — | +10.49% |
General Dynamics free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $2.89B to $3.96B, a compound annual growth rate of 6.49%. General Dynamics's latest reported quarter, Q1 2026, generated $1.95B in free cash flow, an increase of $2.24B year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review General Dynamics filings at SEC.gov ↗