General Dynamics Corporation (GD)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 3,782,000 | 3,315,000 | 3,390,000 | 3,257,000 | 3,167,000 |
| Revenue | US$ in thousands | 47,716,000 | 42,272,000 | 39,407,000 | 38,469,000 | 37,925,000 |
| Net profit margin | 7.93% | 7.84% | 8.60% | 8.47% | 8.35% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $3,782,000K ÷ $47,716,000K
= 7.93%
General Dynamics Corporation's net profit margin has shown a relatively stable trend over the period from December 31, 2020, to December 31, 2024. The net profit margin increased from 8.35% in 2020 to 8.60% in 2022, indicating the company's ability to generate profit as a percentage of its total revenue improved. However, there was a slight decrease in the net profit margin in 2023 and 2024 to 7.84% and 7.93%, respectively.
Overall, General Dynamics Corporation has maintained a healthy net profit margin range, suggesting efficient cost management and profitability within its operations. It is essential for the company to continue monitoring its profitability metrics and addressing any factors that could potentially impact its net profit margin in the future.
Peer comparison
Dec 31, 2024