General Dynamics Corporation (GD)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 4,540,000 | 4,399,000 | 4,276,000 | 4,072,000 | 3,984,000 | 3,968,000 | 4,030,000 | 4,067,000 | 4,036,000 | 3,957,000 | 3,919,000 | 3,877,000 | 3,873,000 | 3,926,000 | 3,889,000 | 3,735,000 | 3,738,000 | 3,767,000 | 3,879,000 | 4,135,000 |
| Revenue (ttm) | US$ in thousands | 47,716,000 | 46,063,000 | 44,960,000 | 43,131,000 | 42,272,000 | 41,469,000 | 40,872,000 | 39,903,000 | 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 |
| Pretax margin | 9.51% | 9.55% | 9.51% | 9.44% | 9.42% | 9.57% | 9.86% | 10.19% | 10.24% | 10.17% | 10.18% | 10.07% | 10.07% | 10.15% | 10.09% | 9.69% | 9.86% | 9.86% | 10.07% | 10.65% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $4,540,000K ÷ $47,716,000K
= 9.51%
The pretax margin of General Dynamics Corporation has shown some fluctuations over the past few years, ranging from a low of 9.42% in December 2023 to a high of 10.24% in December 2022. This ratio represents the company's profitability before taxes relative to its total revenue, indicating its ability to generate profits from its operations before accounting for tax expenses.
Overall, the trend in General Dynamics' pretax margin has been relatively stable, with minor ups and downs observed periodically. It is noteworthy that the pretax margin has mostly been above the 9% threshold during the analyzed period, suggesting that the company has been able to efficiently manage its expenses and generate healthy profits prior to tax obligations.
Investors and stakeholders should continue to monitor General Dynamics' pretax margin as part of a comprehensive analysis of the company's financial performance and efficiency in generating profits.
Peer comparison
Dec 31, 2024