GENERAL DYNAMICS CORP (GD) closed fiscal year 2025 with a gross margin of 15.1 % and a net margin of 8.0 %.
GENERAL DYNAMICS CORP (GD) closed fiscal year 2025 with a gross margin of 15.1 % and a net margin of 8.0 %. The same year shows an EBITDA margin of 12.0 % and an EBIT margin of 10.2 %. The free cash flow margin was 7.5 %. Against the previous year the gross margin moved −0.3 pp and the net margin +0.1 pp. Across the period the gross margin ranges between 8.4 % in 2012 and 20.2 % in 2017. The series covers 19 fiscal years, from 2007 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 17.46 % | 18.33 % | 17.60 % | 18.20 % | 17.92 % | 8.35 % | 17.70 % | 19.04 % | 19.61 % | 18.54 % | 20.15 % | 18.55 % | 17.94 % | — | — | 16.80 % | 15.78 % | 15.43 % | 15.13 % |
| EBITDA margin (%) | 12.98 % | 13.99 % | 13.25 % | 13.90 % | 13.52 % | 4.37 % | 13.62 % | 14.21 % | 15.03 % | 13.73 % | 15.10 % | 14.25 % | 13.72 % | 13.21 % | 13.14 % | 12.93 % | 12.08 % | 11.91 % | 11.95 % |
| EBIT margin (%) | 11.43 % | 12.47 % | 11.49 % | 12.15 % | 11.71 % | 2.47 % | 11.93 % | 12.61 % | 13.51 % | 12.25 % | 13.68 % | 12.14 % | 11.61 % | 10.90 % | 10.82 % | 10.69 % | 10.04 % | 10.05 % | 10.19 % |
| Net margin (%) | 7.61 % | 8.39 % | 7.49 % | 8.08 % | 7.73 % | -1.07 % | 7.62 % | 8.21 % | 9.55 % | 8.42 % | 9.40 % | 9.24 % | 8.85 % | 8.35 % | 8.47 % | 8.60 % | 7.84 % | 7.93 % | 8.01 % |
| FCF margin (%) | 9.00 % | 8.95 % | 7.68 % | 8.05 % | 8.51 % | 7.00 % | 8.65 % | 10.39 % | 6.07 % | 5.79 % | 11.13 % | 6.79 % | 5.07 % | 7.62 % | 8.80 % | 8.79 % | 9.00 % | 6.70 % | 7.53 % |
