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77.34 (1y: +20%)
Market Cap 27.17 B P/E(ttm)
Enterprise Value 27.34 B P/B 2.40
GD- NYSE (USA)
General Dynamics
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$77.34
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry		 vs
history
Cash to Debt 0.843
GD's Cash to Debt is ranked lower than
781249% of the 128 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 0.67 vs. GD: 0.843 )
GD' s 10-Year Cash to Debt Range
Min: 0.21   Max: 1.04
Current: 0.84
0.21
1.04
Equity to Asset -0.059
GD's Equity to Asset is ranked lower than
1075268% of the 93 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 0.40 vs. GD: -0.059 )
GD' s 10-Year Equity to Asset Range
Min: -0.11   Max: 0.16
Current: -0.06
-0.11
0.16
Interest Coverage 5.3
GD's Interest Coverage is ranked lower than
999999% of the 100 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 15.60 vs. GD: 5.3 )
GD' s 10-Year Interest Coverage Range
Min: 5   Max: 55
Current: 5.3
5
55
F-Score: 2
Z-Score: 2.55
M-Score: -3
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 4/10

vs
industry		 vs
history
Operating margin (%) 2.60
GD's Operating margin (%) is ranked lower than
900900% of the 111 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 8.90 vs. GD: 2.60 )
GD' s 10-Year Operating margin (%) Range
Min: 2.6   Max: 13.4
Current: 2.6
2.6
13.4
Net-margin (%) -1.1
GD's Net-margin (%) is ranked lower than
943395% of the 106 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 6.20 vs. GD: -1.1 )
GD' s 10-Year Net-margin (%) Range
Min: -1.1   Max: 9.8
Current: -1.1
-1.1
9.8
ROE (%) -2.9
GD's ROE (%) is ranked lower than
952380% of the 105 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 12.40 vs. GD: -2.9 )
GD' s 10-Year ROE (%) Range
Min: -2.9   Max: 27.8
Current: -2.9
-2.9
27.8
ROA (%) -1
GD's ROA (%) is ranked lower than
943395% of the 106 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 4.80 vs. GD: -1 )
GD' s 10-Year ROA (%) Range
Min: -1   Max: 11.3
Current: -1
-1
11.3
ROC (Joel Greenblatt) (%) 19.70
GD's ROC (Joel Greenblatt) (%) is ranked lower than
952380% of the 105 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 20.50 vs. GD: 19.70 )
GD' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 19.7   Max: 99.9
Current: 19.7
19.7
99.9
Revenue Growth (%) 2
GD's Revenue Growth (%) is ranked lower than
1282050% of the 78 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 6.50 vs. GD: 2 )
GD' s 10-Year Revenue Growth (%) Range
Min: 2   Max: 12.8
Current: 2
2
12.8
EBITDA Growth (%) -21.7
GD's EBITDA Growth (%) is ranked lower than
1515150% of the 66 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 11.30 vs. GD: -21.7 )
GD' s 10-Year EBITDA Growth (%) Range
Min: -21.7   Max: 14
Current: -21.7
-21.7
14
ยป GD's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

GD Guru Trades in Q2 2012

Richard Pzena 4,495 sh (New)
Jim Simons 230,020 sh (New)
Manning & Napier Advisors, Inc 37,236 sh (+94.46%)
Ray Dalio 117,230 sh (+74.56%)
Joel Greenblatt 65,036 sh (+23.94%)
Tom Russo 8,240 sh (+0.18%)
Bernard Horn 27,667 sh (unchged)
Warren Buffett 3,877,122 sh (unchged)
Paul Tudor Jones Sold Out
Tom Gayner 397,544 sh (-0.07%)
Pioneer Investments 3,294 sh (-0.9%)
John Buckingham 67,527 sh (-1.6%)
Jeremy Grantham 387,948 sh (-1.85%)
Jean-Marie Eveillard 757,460 sh (-4.3%)
Ken Fisher 10,915 sh (-5.26%)
» More
Q3 2012

GD Guru Trades in Q3 2012

Paul Tudor Jones 6,800 sh (New)
Steven Cohen 23,379 sh (New)
Richard Snow 229,760 sh (New)
Richard Pzena 486,526 sh (+10723.7%)
Ray Dalio 128,230 sh (+9.38%)
Manning & Napier Advisors, Inc 40,496 sh (+8.75%)
Joel Greenblatt 68,933 sh (+5.99%)
Bernard Horn 27,667 sh (unchged)
Warren Buffett 3,877,122 sh (unchged)
Tom Gayner 397,548 sh (unchged)
Jim Simons Sold Out
Pioneer Investments Sold Out
Tom Russo 8,225 sh (-0.18%)
Ken Fisher 10,858 sh (-0.52%)
Jeremy Grantham 362,748 sh (-6.5%)
John Buckingham 63,008 sh (-6.69%)
Jean-Marie Eveillard 301,660 sh (-60.17%)
» More
Q4 2012

GD Guru Trades in Q4 2012

Joel Greenblatt 113,695 sh (+64.94%)
Richard Snow 320,065 sh (+39.3%)
Ken Fisher 10,996 sh (+1.27%)
Tom Gayner 397,955 sh (+0.1%)
Warren Buffett 3,877,122 sh (unchged)
Bernard Horn 27,667 sh (unchged)
Jeremy Grantham 428,967 sh (unchged)
Jean-Marie Eveillard Sold Out
Richard Pzena 486,225 sh (-0.06%)
Manning & Napier Advisors, Inc 40,104 sh (-0.97%)
John Buckingham 61,040 sh (-3.12%)
Paul Tudor Jones 6,400 sh (-5.88%)
Ray Dalio 103,130 sh (-19.57%)
Tom Russo 5,725 sh (-30.4%)
Steven Cohen 4,939 sh (-78.87%)
» More
Q1 2013

GD Guru Trades in Q1 2013

Jim Simons 464,800 sh (New)
Paul Tudor Jones 67,400 sh (+953.13%)
Steven Cohen 6,019 sh (+21.87%)
Richard Pzena 559,900 sh (+15.15%)
Manning & Napier Advisors, Inc 42,048 sh (+4.85%)
John Buckingham 63,826 sh (+4.56%)
Ken Fisher 11,172 sh (+1.6%)
Tom Gayner 401,555 sh (+0.9%)
Richard Snow 321,354 sh (+0.4%)
Bernard Horn 27,667 sh (unchged)
Warren Buffett Sold Out
Ray Dalio Sold Out
Jeremy Grantham 386,767 sh (-9.84%)
Joel Greenblatt 87,848 sh (-22.73%)
Tom Russo 3,225 sh (-43.67%)
» More
» Details

Insider Trades

Latest Guru Trades with GD

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Warren Buffett 2013-03-31 Sold Out 0.36%$64.57 - $71.86 $ 77.3412%0
Joel Greenblatt 2013-03-31 Reduce -22.73%0.1%$64.57 - $71.86 $ 77.3412%87848
Ray Dalio 2013-03-31 Sold Out 0.07%$64.57 - $71.86 $ 77.3412%0
Joel Greenblatt 2012-12-31 Add 64.94%0.18%$62.13 - $70.4 $ 77.3416%113695
Jean-Marie Eveillard 2012-12-31 Sold Out 0.07%$62.13 - $70.4 $ 77.3416%0
Jean-Marie Eveillard 2012-09-30 Reduce -60.17%0.11%$61.96 - $67.19 $ 77.3419%301660
Joel Greenblatt 2012-06-30 Add 23.94%0.06%$61.94 - $73.58 $ 77.3416%65036
Ray Dalio 2012-06-30 Add 74.56%0.05%$61.94 - $73.58 $ 77.3416%117230
Ray Dalio 2012-03-31 Reduce -58.54%0.11%$67.4 - $73.91 $ 77.3416%67156
Joel Greenblatt 2012-03-31 Add 29.2%0.07%$67.4 - $73.91 $ 77.3416%52475
Ray Dalio 2011-12-31 Reduce -52.31%0.15%$55.67 - $66.92 $ 77.3422%161995
Joel Greenblatt 2011-12-31 Reduce -26.07%0.13%$55.67 - $66.92 $ 77.3422%40615
Warren Buffett 2011-12-31 Add 26.52%0.08%$55.67 - $66.92 $ 77.3422%3877122
Jean-Marie Eveillard 2011-12-31 Reduce -20.51%0.05%$55.67 - $66.92 $ 77.3422%740090
George Soros 2011-12-31 Sold Out 0.03%$55.67 - $66.92 $ 77.3422%0
Warren Buffett 2011-09-30 New Buy0.3%$55.87 - $75.6 $ 77.3420%3064422
Joel Greenblatt 2011-09-30 Add 98.68%0.25%$55.87 - $75.6 $ 77.3420%54936
Ray Dalio 2011-09-30 Add 175.51%0.18%$55.87 - $75.6 $ 77.3421%339700
Joel Greenblatt 2011-06-30 Add 60.55%0.11%$69.37 - $77.42 $ 77.346%27650
George Soros 2011-06-30 New Buy0.03%$69.37 - $77.42 $ 77.346%33000
Joel Greenblatt 2011-03-31 Add 64.3%0.16%$69.97 - $78.11 $ 77.343%17222
George Soros 2011-03-31 Sold Out $69.97 - $78.11 $ 77.343%0
Joel Greenblatt 2010-12-31 New Buy0.24%$61.75 - $71.1 $ 77.3415%10482
Jean-Marie Eveillard 2010-12-31 Reduce -30.67%0.12%$61.75 - $71.1 $ 77.3415%651390
David Dreman 2010-12-31 Sold Out 0.01%$61.75 - $71.1 $ 77.3415%0
George Soros 2010-12-31 Add 31.25%$61.75 - $71.1 $ 77.3415%4200
George Soros 2010-09-30 New Buy$55.87 - $64.32 $ 77.3427%3200
Mario Gabelli 2010-06-30 Sold Out $59.43 - $78.67 $ 77.349%0
Premium More recent guru trades are included for Premium Members only!!

Top Ranked Articles about General Dynamics

A Case for Value in Plain Sight: General Dynamics
May 11, 2013
Phebe N. Novakovic, - A Case For Value In Plain Sight: General Dynamics
Company Background Read more...
General Dynamics - A History of Value Creation
April 15, 2013
- General Dynamics - A History Of Value Creation
General Dynamics - A History of Value Creation: I came across General Dynamics first when I read Warren Buffett's annual letters from 1992 a few years ago. I also recently read the book, "The Outsiders - Eight Unconventional CEOs and Their Radically Rational Blueprint for Success," which describes the turnaround by Bill Anders of General Dynamics (GD) after the end of the cold war when the company was challenged. "History never repeats itself but it rhymes," said Mark Twain. Looking at the recent sequestration-related defense cuts and the market reaction, this definitely seems to be the case with defense companies in general and General Dynamics in particular. I decided to take a look at the company in light of the above history, challenges facing the company presently and the elevation of a new CEO Phebe N. Novakovic. Read more...
General Dynamics Has an Appropriate Margin of Safety
August 6, 2012
- General Dynamics Has An Appropriate Margin Of Safety
Overview: General Dynamics (GD) was formed in 1952 by the combination of Electric Boat Company, Consolidated Vultee (Convair) and several others. It is an aerospace and defense company that offers an extensive product and service portfolio regarding business aviation; combat vehicles, weapons systems and munitions; military and commercial shipbuilding; and communications and information technology. The main customer is the U.S. Government with about 70% of the sales, with the remainance split between U.S. commercial customers, Government and commercial clients throughout the world with primary subsidiary operations in Australia, Austria, Brazil, Canada, France, Germany, Italy, Mexico, Spain, Switzerland and UK. The annual revenues count with a value of US$32677 million and a net income of US$2526 million. Read more...
Ceradyne, Ceramics and More for Your Portfolio
June 1, 2012
โ€œAs a soldier, I survived World War I when most of my comrades did not.โ€ Lester B. Pearson Read more...

Ratios

vs
industry		 vs
history
P/B 2.40
GD's P/B is ranked lower than
833333% of the 120 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 2.00 vs. GD: 2.40 )
GD' s 10-Year P/B Range
Min: 1.37   Max: 4.52
Current: 2.4
1.37
4.52
P/S 0.87
GD's P/S is ranked lower than
781249% of the 128 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 0.91 vs. GD: 0.87 )
GD' s 10-Year P/S Range
Min: 0.47   Max: 1.71
Current: 0.87
0.47
1.71
PFCF 11.80
GD's PFCF is ranked lower than
1111110% of the 90 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 16.10 vs. GD: 11.80 )
GD' s 10-Year PFCF Range
Min: 6.2   Max: 34.75
Current: 11.8
6.2
34.75
EV-to-EBIT 33.3
GD's EV-to-EBIT is ranked lower than
900900% of the 111 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 14.39 vs. GD: 33.3 )
GD' s 10-Year EV-to-EBIT Range
Min: 4.6   Max: 34
Current: 33.3
4.6
34
PEG 1.3
GD's PEG is ranked lower than
371% of the 66 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.80 vs. GD: 1.3 )
GD' s 10-Year PEG Range
Min: 0.34   Max: 2.72
Current: 1.3
0.34
2.72
Shiller P/E 14.3
GD's Shiller P/E is ranked lower than
100% of the Companies
in the Global Aerospace & Defense industry.

( Industry Median: vs. GD: 14.3 )
GD' s 10-Year Shiller P/E Range
Min: 8.04   Max: 26.33
Current: 14.3
8.04
26.33

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 2.70
GD's Dividend Yield is ranked lower than
1282050% of the 78 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.82 vs. GD: 2.70 )
GD' s 10-Year Dividend Yield Range
Min: 0.85   Max: 4.88
Current: 2.7
0.85
4.88
Dividend growth (3y) 13.9
GD's Dividend growth (3y) is ranked lower than
3333330% of the 30 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 12.00 vs. GD: 13.9 )
GD' s 10-Year Dividend growth (3y) Range
Min: 5.4   Max: 14.5
Current: 13.9
5.4
14.5
Yield on cost (5-Year) 5.60
GD's Yield on cost (5-Year) is ranked lower than
1234567% of the 81 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 2.08 vs. GD: 5.60 )
GD' s 10-Year Yield on cost (5-Year) Range
Min: 1.76   Max: 10.12
Current: 5.6
1.76
10.12
Share Buyback Rate 2.3
GD's Share Buyback Rate is ranked lower than
3999996% of the 25 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.60 vs. GD: 2.3 )
GD' s 10-Year Share Buyback Rate Range
Min: 2.3   Max: -0.5
Current: 2.3

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 6.1
GD's Price/Net Current Asset Value is ranked lower than
900900% of the 111 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 6.70 vs. GD: 6.1 )
GD' s 10-Year Price/Net Current Asset Value Range
Min: 4   Max: 9.3
Current: 6.1
4
9.3
Price/DCF (Projected) 0.8
GD's Price/DCF (Projected) is ranked lower than
1408449% of the 71 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.30 vs. GD: 0.8 )
GD' s 10-Year Price/DCF (Projected) Range
Min: 0.6   Max: 3
Current: 0.8
0.6
3
Price/Median PS Value 0.8
GD's Price/Median PS Value is ranked lower than
793650% of the 126 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.00 vs. GD: 0.8 )
GD' s 10-Year Price/Median PS Value Range
Min: 0.7   Max: 1.4
Current: 0.8
0.7
1.4
Earnings Yield (Greenblatt) 3.00
GD's Earnings Yield (Greenblatt) is ranked lower than
869564% of the 115 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 6.90 vs. GD: 3.00 )
GD' s 10-Year Earnings Yield (Greenblatt) Range
Min: 2.9   Max: 21.9
Current: 3
2.9
21.9
Forward Rate of Return (Yacktman) 0.25
GD's Forward Rate of Return (Yacktman) is ranked lower than
1449274% of the 69 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 10.84 vs. GD: 0.25 )
GD' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 1.6   Max: 30.3
Current: 0.25
1.6
30.3

Business Description

General Dynamics Corporation was incorporated in Delaware. It was formed in 1952 through the combination of Electric Boat Company, Consolidated Vultee and other companies. General Dynamics is an aerospace and defense company that offers a broad portfolio of products and services in business aviation; combat vehicles, weapons systems and munitions; military and commercial shipbuilding; and communications and information technology. The Company operates through four business groups: Aerospace, Combat Systems, Marine Systems and Information Systems and Technology. The Company's Aerospace group designs, manufactures and outfits a comprehensive family of mid- and large-cabin business-jet aircraft, and provides maintenance, refurbishment, outfitting and aircraft services for a variety of business-jet, narrow-body and wide-body aircraft customers globally. With more than 50 years of experience at the forefront of the business-jet aviation market, the Aerospace group is noted for: superior aircraft design, quality, safety and reliability; technologically advanced cockpit and cabin systems and industry-leading product service and support. The Company's Combat Systems group is engaged in the design, development, production, support and enhancement of tracked and wheeled military vehicles, weapons systems and munitions for the United States and its allies. The group's product lines include: wheeled combat and tactical vehicles; main battle tanks and tracked infantry vehicles; munitions and propellant; rockets and gun systems and drivetrain components and aftermarket parts. The Company's Marine Systems group designs, builds and supports submarines and surface ships for the U.S. Navy and Jones Act ships for commercial customers. The group is one of two primary shipbuilders for the Navy. The group's diverse portfolio of platforms and capabilities includes: nuclear-powered submarines (Virginia Class); surface combatants (DDG-51, DDG-1000, Littoral Combat Ship); auxiliary and combat-logistics ships (T-AKE); commercial ships (Jones Act ships); design and engineering support (SSBN) and overhaul, repair and lifecycle support services. The Company's Information Systems and Technology group provides critical technologies, products and services that support a wide range of government and commercial communication and information-sharing needs. This group consists of a three-part portfolio centered on tactical communication systems, information technology services, and intelligence, surveillance and reconnaissance systems. Tactical communication systems - it designs, manufactures and delivers trusted and secure communications systems, command-and-control systems and operational hardware to customers within the U.S. Department of Defense, the intelligence community and federal civilian agencies, and to international customers. Information technology services - it provides mission-critical information technology (IT) and highly specialized mission-support
Company Website
SEC Reports
Industry: Aerospace & Defense
Compare:BA, ERJ, EADSY, RYCEY, HON
Traded in other countries:GDX.Germany
ยป More Articles for GD

Headlines

Articles On GuruFocus.com
Industrial Strength Stocks with Dividend Growth May 22 2013 
Weekly CFO Sells Highlight: NLSN, BBBY, TXN, INTC, GD May 13 2013 
My Favorite Industrial Dividend Stocks With Low Forward P/E May 11 2013 
A Case for Value in Plain Sight: General Dynamics May 11 2013 
First Quarter 2013: Top and Bottom Performing Dividend Stocks May 07 2013 
Value Idea Contest Results Announcement; Win $1000 if Your Pick Doubles in 12 Months May 01 2013 
General Dynamics - A History of Value Creation Apr 15 2013 
My 3 Favorite High-Yielding Ex-Dividend Stocks for April and 45 Additional to Consider Mar 29 2013 
General Dynamics (GD) Dividend Stock Analysis Mar 28 2013 
Five Dividend Paying Companies that Boosting Shareholders' Distributions Mar 11 2013 

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