General Dynamics Corporation (GD)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 3,315,000 | 3,302,000 | 3,368,000 | 3,390,000 | 3,390,000 | 3,350,000 | 3,308,000 | 3,279,000 | 3,257,000 | 3,307,000 | 3,281,000 | 3,169,000 | 3,167,000 | 3,185,000 | 3,264,000 | 3,445,000 | 3,484,000 | 3,373,000 | 3,311,000 | 3,291,000 |
| Revenue (ttm) | US$ in thousands | 42,363,000 | 41,560,000 | 40,963,000 | 39,994,000 | 39,407,000 | 38,900,000 | 38,480,000 | 38,497,000 | 38,469,000 | 38,684,000 | 38,528,000 | 38,549,000 | 37,925,000 | 38,199,000 | 38,536,000 | 38,844,000 | 39,346,000 | 38,856,000 | 38,186,000 | 37,932,000 |
| Net profit margin | 7.83% | 7.95% | 8.22% | 8.48% | 8.60% | 8.61% | 8.60% | 8.52% | 8.47% | 8.55% | 8.52% | 8.22% | 8.35% | 8.34% | 8.47% | 8.87% | 8.85% | 8.68% | 8.67% | 8.68% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $3,315,000K ÷ $42,363,000K
= 7.83%
General Dynamics Corp. has shown relatively stable net profit margins over the past eight quarters, ranging from 7.84% to 8.62%. The company's net profit margin has generally remained above 8%, indicating that it is efficiently converting its revenue into profit after accounting for all expenses. The slight fluctuations seen in the margins are normal and do not suggest any significant concerns about the company's profitability. Overall, the consistent performance in maintaining positive net profit margins reflects General Dynamics Corp.'s ability to effectively manage its costs and generate earnings over the analyzed period.
Peer comparison
Dec 31, 2023
See also:
General Dynamics Corporation Net Profit Margin (Quarterly Data)