General Dynamics Corporation (GD)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 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 | 4,202,000 | 4,120,000 | 4,040,000 | 4,027,000 |
| 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 |
| Pretax margin | 9.40% | 9.55% | 9.84% | 10.17% | 10.24% | 10.17% | 10.18% | 10.07% | 10.07% | 10.15% | 10.09% | 9.69% | 9.86% | 9.86% | 10.07% | 10.65% | 10.68% | 10.60% | 10.58% | 10.62% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $3,984,000K ÷ $42,363,000K
= 9.40%
General Dynamics Corp.'s pretax margin has exhibited a slight decline over the past two quarters, starting at 10.24% in Q4 2022 and decreasing to 9.42% in Q4 2023. Despite fluctuations, the company has managed to maintain a pretax margin above 9% throughout the eight quarters displayed. The highest pretax margin recorded during this period was 10.24%, achieved in Q4 2022, while the lowest was 9.42% in Q4 2023. Overall, General Dynamics Corp. has maintained a relatively stable pretax margin range between 9.42% and 10.24% over the past two years, demonstrating a consistent level of profitability before taxes.
Peer comparison
Dec 31, 2023