General Dynamics Corporation (GD)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 4,245,000 | 4,184,000 | 4,225,000 | 4,241,000 | 4,211,000 | 4,170,000 | 4,152,000 | 4,133,000 | 4,163,000 | 4,270,000 | 4,262,000 | 4,137,000 | 4,133,000 | 4,090,000 | 4,234,000 | 4,490,000 | 4,570,000 | 4,483,000 | 4,402,000 | 4,400,000 |
| 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 |
| Operating profit margin | 10.02% | 10.07% | 10.31% | 10.60% | 10.69% | 10.72% | 10.79% | 10.74% | 10.82% | 11.04% | 11.06% | 10.73% | 10.90% | 10.71% | 10.99% | 11.56% | 11.61% | 11.54% | 11.53% | 11.60% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $4,245,000K ÷ $42,363,000K
= 10.02%
General Dynamics Corp.'s operating profit margin has shown relative stability over the eight quarters analyzed. The margins have ranged between 10.04% and 10.80%, with a slight decline in recent quarters. Despite a slight decrease, the company has maintained a healthy operating profit margin above 10% consistently. This indicates that General Dynamics Corp. has been able to effectively control its operating expenses and generate profits from its core business operations. The consistent performance of the operating profit margin suggests operational efficiency and effective cost management practices within the company.
Peer comparison
Dec 31, 2023
See also:
General Dynamics Corporation Operating Profit Margin (Quarterly Data)