General Dynamics annual operating margin
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2025
General Dynamics Operating Margin Growth & History (GD)
General Dynamics's operating margin was 10.19% for fiscal 2025.
View full General Dynamics company overviewGeneral Dynamics annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 10.19% | +0.14 pp |
| 2024 | 2024-12-31 | 10.05% | +0.01 pp |
| 2023 | 2023-12-31 | 10.04% | −0.64 pp |
| 2022 | 2022-12-31 | 10.69% | −0.14 pp |
| 2021 | 2021-12-31 | 10.82% | −0.08 pp |
| 2020 | 2020-12-31 | 10.90% | −0.72 pp |
| 2019 | 2019-12-31 | 11.61% | −0.53 pp |
| 2018 | 2018-12-31 | 12.14% | −1.54 pp |
| 2017 | 2017-12-31 | 13.68% | +1.43 pp |
| 2016 | 2016-12-31 | 12.25% | −1.26 pp |
| 2015 | 2015-12-31 | 13.51% | +0.91 pp |
| 2014 | 2014-12-31 | 12.61% | +0.68 pp |
| 2013 | 2013-12-31 | 11.93% | +9.46 pp |
| 2012 | 2012-12-31 | 2.47% | −9.24 pp |
| 2011 | 2011-12-31 | 11.71% | −0.44 pp |
| 2010 | 2010-12-31 | 12.15% | +0.66 pp |
| 2009 | 2009-12-31 | 11.49% | −0.98 pp |
| 2008 | 2008-12-31 | 12.47% | +1.04 pp |
| 2007 | 2007-12-31 | 11.43% | — |
General Dynamics quarterly operating margin
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Q1.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q1 2026 | 2026-04-05 | 10.53% | +0.16 pp |
| Q4 2025 | 2025-12-31 | 10.10% | −0.57 pp |
| Q3 2025 | 2025-09-28 | 10.31% | +0.19 pp |
| Q2 2025 | 2025-06-29 | 10.01% | +0.35 pp |
| Q1 2025 | 2025-03-30 | 10.37% | +0.72 pp |
| Q4 2024 | 2024-12-31 | 10.67% | −0.37 pp |
| Q3 2024 | 2024-09-29 | 10.12% | +0.12 pp |
| Q2 2024 | 2024-06-30 | 9.65% | +0.18 pp |
| Q1 2024 | 2024-03-31 | 9.65% | +0.16 pp |
| Q4 2023 | 2023-12-31 | 11.04% | −0.27 pp |
| Q3 2023 | 2023-10-01 | 10.00% | −1.01 pp |
| Q2 2023 | 2023-07-02 | 9.48% | −1.17 pp |
| Q1 2023 | 2023-04-02 | 9.49% | −0.17 pp |
| Q4 2022 | 2022-12-31 | 11.31% | −0.22 pp |
| Q3 2022 | 2022-10-02 | 11.01% | −0.28 pp |
| Q2 2022 | 2022-07-03 | 10.64% | +0.24 pp |
| Q1 2022 | 2022-04-03 | 9.67% | −0.32 pp |
| Q4 2021 | 2021-12-31 | 11.52% | −0.81 pp |
| Q3 2021 | 2021-10-03 | 11.29% | −0.08 pp |
| Q2 2021 | 2021-07-04 | 10.40% | +1.40 pp |
| Q1 2021 | 2021-04-04 | 9.99% | −0.69 pp |
| Q4 2020 | 2020-12-31 | 12.34% | +0.73 pp |
| Q3 2020 | 2020-09-27 | 11.37% | −1.09 pp |
| Q2 2020 | 2020-06-28 | 9.00% | −2.41 pp |
| Q1 2020 | 2020-03-29 | 10.68% | −0.27 pp |
| Q4 2019 | 2019-12-31 | 11.60% | +0.40 pp |
| Q3 2019 | 2019-09-29 | 12.46% | −0.02 pp |
| Q2 2019 | 2019-06-30 | 11.41% | −0.44 pp |
| Q1 2019 | 2019-03-31 | 10.95% | −2.43 pp |
| Q4 2018 | 2018-12-31 | 11.21% | −1.60 pp |
| Q3 2018 | 2018-09-30 | 12.48% | −1.54 pp |
| Q2 2018 | 2018-07-01 | 11.84% | −2.06 pp |
| Q1 2018 | 2018-04-01 | 13.38% | −0.68 pp |
| Q4 2017 | 2017-12-31 | 12.81% | +2.64 pp |
| Q3 2017 | 2017-10-01 | 14.02% | +0.77 pp |
| Q2 2017 | 2017-07-02 | 13.90% | +0.69 pp |
| Q1 2017 | 2017-04-02 | 14.06% | +1.70 pp |
| Q4 2016 | 2016-12-31 | 10.16% | −4.03 pp |
| Q3 2016 | 2016-10-02 | 13.26% | +0.32 pp |
| Q2 2016 | 2016-07-03 | 13.21% | −0.50 pp |
| Q1 2016 | 2016-04-03 | 12.36% | −0.83 pp |
| Q4 2015 | 2015-12-31 | 14.20% | +1.44 pp |
| Q3 2015 | 2015-10-04 | 12.93% | +0.05 pp |
| Q2 2015 | 2015-07-05 | 13.71% | +1.02 pp |
| Q1 2015 | 2015-04-05 | 13.19% | +1.16 pp |
| Q4 2014 | 2014-12-31 | 12.76% | +1.20 pp |
| Q3 2014 | 2014-09-28 | 12.89% | +0.46 pp |
| Q2 2014 | 2014-06-29 | 12.70% | +0.43 pp |
| Q1 2014 | 2014-03-30 | 12.03% | +0.59 pp |
| Q4 2013 | 2013-12-31 | 11.56% | +37.63 pp |
| Q3 2013 | 2013-09-29 | 12.42% | +1.02 pp |
| Q2 2013 | 2013-06-30 | 12.27% | +0.02 pp |
| Q1 2013 | 2013-03-31 | 11.44% | +0.09 pp |
| Q4 2012 | 2012-12-31 | −26.07% | −36.45 pp |
| Q3 2012 | 2012-09-30 | 11.41% | −1.30 pp |
| Q2 2012 | 2012-07-01 | 12.24% | +0.20 pp |
| Q1 2012 | 2012-04-01 | 11.35% | −0.57 pp |
| Q4 2011 | 2011-12-31 | 10.39% | −2.12 pp |
| Q3 2011 | 2011-10-02 | 12.71% | +0.65 pp |
| Q2 2011 | 2011-07-03 | 12.04% | −0.11 pp |
| Q1 2011 | 2011-04-03 | 11.91% | +0.07 pp |
| Q4 2010 | 2010-12-31 | 12.51% | +0.47 pp |
| Q3 2010 | 2010-10-03 | 12.06% | +0.74 pp |
| Q2 2010 | 2010-07-04 | 12.15% | +0.49 pp |
| Q1 2010 | 2010-04-04 | 11.85% | +0.89 pp |
| Q4 2009 | 2009-12-31 | 12.04% | −1.03 pp |
| Q3 2009 | 2009-10-04 | 11.32% | −1.29 pp |
| Q2 2009 | 2009-07-05 | 11.67% | — |
| Q1 2009 | 2009-04-05 | 10.95% | — |
| Q3 2008 | 2008-09-28 | 13.07% | — |
| Q2 2008 | 2008-06-29 | 12.61% | — |
General Dynamics operating margin trends
Over the last five reported fiscal years, General Dynamics's operating margin decreased from 10.90% to 10.19%, a change of −0.71 percentage points. The latest reported quarter, Q1 2026, shows 10.53%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review General Dynamics filings at SEC.gov ↗