General Dynamics (FRA:GDX) Tax Rate %

: 17.05% (As of Mar. 2023)

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Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. General Dynamics's Tax Expense for the three months ended in Mar. 2023 was €140 Mil. General Dynamics's Pre-Tax Income for the three months ended in Mar. 2023 was €822 Mil. Therefore, General Dynamics's Tax Rate % for the quarter that ended in Mar. 2023 was 17.05%.

General Dynamics Tax Rate % Historical Data

The historical data trend for General Dynamics's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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General Dynamics Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Tax Rate %

17.80

17.09

15.28

15.90

16.01

General Dynamics Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Tax Rate %																14.02	17.01	14.34	18.08	17.05

General Dynamics Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

General Dynamics's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2022 )	/	Pre-Tax Income (A: Dec. 2022 )
	=	609.824	/	3809.984
	=	16.01 %

General Dynamics's Tax Rate % for the quarter that ended in Mar. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2023 )	/	Pre-Tax Income (Q: Mar. 2023 )
	=	140.1	/	821.92
	=	17.05 %

General Dynamics Tax Rate % Related Terms

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General Dynamics (FRA:GDX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » General Dynamics Corp (FRA:GDX) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

GD:USA GD:Mexico GDX:Germany GDBR34:Brazil GEDY:Austria

Address

11011 Sunset Hills Road, Reston, VA, USA, 20190

Website

https://www.gd.com

General Dynamics is a defense contractor and business jet manufacturer. The firm's segments include aerospace, combat systems, marine, and technologies. General Dynamics' aerospace segment creates Gulfstream business jets. Combat system produces land-based combat vehicles, such as the M1 Abrams tank. The marine subsegment creates nuclear-powered submarines, among other things. The technologies segment contains two main units, an IT business that primarily serves the government market and a mission systems business that focuses on products that provide command, control, computers, intelligence, surveillance, and reconnaissance capabilities to the military.