General Dynamics Corporation (GD)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 74.02% | 73.55% | 73.23% | 72.56% | 91.64% | 91.62% | 91.56% | 91.70% | 91.85% | 91.99% | 92.04% | 91.97% | 91.84% | 69.03% | 48.39% | 28.42% | 9.75% | 10.23% | 10.20% | 12.36% |
| 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% |
| 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% |
| 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% |
General Dynamics Corp. has shown stable profitability ratios over the past eight quarters. The gross profit margin, which indicates the efficiency of the company's production and pricing strategy, has been hovering around 16%, showing consistency in managing production costs and pricing.
The operating profit margin, measuring the company's ability to control costs while generating revenues from its core operations, has also been relatively steady around 10%. This suggests that General Dynamics has been effectively managing its operating expenses to maintain profitability.
Similarly, the pretax margin, which reflects the company's ability to generate profits before taxes relative to its total revenue, has shown consistency around 10%. This indicates that General Dynamics has been able to efficiently generate profits from its business activities before accounting for tax obligations.
Finally, the net profit margin, which represents the net income generated for every dollar of sales, has been around 8%, indicating that the company has been relatively successful in managing its bottom line profitability after all expenses, including taxes and interest payments.
Overall, General Dynamics Corp. has demonstrated a consistent performance in terms of profitability ratios, showcasing its ability to maintain profitability levels across various quarters.
Return on investment
| 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 return on assets (Operating ROA) | 7.74% | 7.82% | 8.04% | 8.14% | 8.16% | 8.16% | 8.22% | 8.12% | 8.31% | 8.31% | 8.33% | 8.28% | 8.06% | 8.14% | 8.43% | 8.36% | 9.26% | 9.19% | 9.16% | 9.27% |
| Return on assets (ROA) | 6.05% | 6.17% | 6.41% | 6.51% | 6.57% | 6.55% | 6.55% | 6.45% | 6.50% | 6.44% | 6.41% | 6.34% | 6.17% | 6.34% | 6.50% | 6.41% | 7.06% | 6.91% | 6.89% | 6.93% |
| Return on total capital | 14.13% | 14.33% | 14.71% | 14.97% | 15.14% | 15.51% | 15.31% | 14.50% | 14.80% | 15.70% | 15.90% | 16.33% | 16.11% | 16.28% | 17.09% | 16.91% | 19.88% | 19.92% | 20.14% | 18.58% |
| Return on equity (ROE) | 15.56% | 16.55% | 17.29% | 17.76% | 18.26% | 18.98% | 19.03% | 18.20% | 18.46% | 21.04% | 21.42% | 20.66% | 20.22% | 21.04% | 22.82% | 25.31% | 24.92% | 24.96% | 25.71% | 26.90% |
General Dynamics Corp.'s profitability ratios indicate consistent performance over the quarters. The Operating Return on Assets (Operating ROA) ranged from 7.74% to 8.14% in Q4 2023 to Q1 2023, showing the company's ability to generate operating profits from its assets. The Return on Assets (ROA) remained stable between 6.05% and 6.57%, reflecting efficient asset utilization.
Moreover, the Return on Total Capital showed a consistent range of 13.89% to 14.49%, indicating the company's ability to generate returns from both debt and equity investments. The Return on Equity (ROE) ranged from 15.56% to 18.26%, showcasing the profitability for the company's shareholders.
Overall, General Dynamics Corp. has maintained a strong profitability trend over the analyzed quarters, with consistent returns generated from its assets, total capital, and equity.
See also:
General Dynamics Corporation Profitability Ratios (Quarterly Data)