General Dynamics Corporation (GD)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 3,782,000 | 3,639,000 | 3,545,000 | 3,384,000 | 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 |
| Total stockholders’ equity | US$ in thousands | 22,063,000 | 22,973,000 | 22,036,000 | 21,410,000 | 21,299,000 | 19,957,000 | 19,478,000 | 19,087,000 | 18,568,000 | 17,651,000 | 17,381,000 | 18,014,000 | 17,641,000 | 15,721,000 | 15,321,000 | 15,340,000 | 15,661,000 | 15,140,000 | 14,306,000 | 13,609,000 |
| ROE | 17.14% | 15.84% | 16.09% | 15.81% | 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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $3,782,000K ÷ $22,063,000K
= 17.14%
General Dynamics Corporation's return on equity (ROE) has shown a gradual decline over the past few years. From a peak of 25.31% in March 2020, the ROE has decreased to 17.14% by December 2024.
The downward trend in ROE may indicate challenges in generating profits relative to the shareholders' equity invested in the company. This could be a result of various factors such as decreasing profitability, increasing debt levels, or inefficient utilization of assets.
It is essential for General Dynamics to closely monitor and address the factors impacting ROE to ensure sustainable financial performance and maximize shareholder value in the future. Additional analysis of the company's financial statements and performance drivers would provide deeper insights into the reasons behind the decreasing trend in ROE.
Peer comparison
Dec 31, 2024
See also:
General Dynamics Corporation Return on Equity (ROE) (Quarterly Data)