GD (General Dynamics) ROCE %: 14.26% (As of Mar. 2026)


GD General Dynamics Corp GD
93 GF Score
Price $344.32
GF Value $346.29
Valuation Fairly Valued
! 8 Warning Signs
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What is General Dynamics ROCE %?

General Dynamics GD -1.72% 93 ROCE % is 14.26% as of Mar. 2026. GuruFocus rates GD with a GF Score™ of 93/100 and a GF Value™ of $346.29 (Fairly Valued). The stock has 8 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. General Dynamics's annualized ROCE % for the quarter that ended in Mar. 2026 was 14.26%.

General Dynamics  (NYSE:GD) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

General Dynamics ROCE % Related Terms

General Dynamics ROCE % Historical Data

* Premium members only.

The historical data trend for General Dynamics's ROCE % 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.

General Dynamics ROCE % Chart

General Dynamics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.05 12.24 11.75 12.91 14.02

General Dynamics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.59 13.83 13.87 15.58 14.26
GD
93GF Score
General Dynamics Corp GD
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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General Dynamics ROCE % Calculation

General Dynamics's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=5505/( ( (55880 - 17824) + (57249 - 16796) )/ 2 )
=5505/( (38056+40453)/ 2 )
=5505/39254.5
=14.02 %

General Dynamics's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=5752/( ( (57249 - 16796) + (59029 - 18825) )/ 2 )
=5752/( ( 40453 + 40204 )/ 2 )
=5752/40328.5
=14.26 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 14.26% mean?
General Dynamics (GD) has a ROCE % of 14.26% as of Mar. 2026.
Is General Dynamics' ROCE % too high?
General Dynamics' current ROCE % is 14.26%. The Aerospace & Defense industry median ROCE % is 6.29. General Dynamics' value of 14.26% is 126.7% above this industry median. Overall, General Dynamics has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does General Dynamics' ROCE % compare to HWM and RKLB?
General Dynamics' ROCE % of 14.26% can be compared against companies in the Aerospace & Defense industry. The industry median ROCE % is 6.29. General Dynamics' value of 14.26% is 126.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Aerospace & Defense company?
The median ROCE % among Aerospace & Defense companies is 6.29, based on 350 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. General Dynamics's current ROCE % of 14.26% is 126.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Aerospace & Defense industry, the median ROCE % is 6.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General Dynamics's current ROCE % is 14.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General Dynamics stock overvalued right now?
Based on GuruFocus' analysis, General Dynamics (GD) is currently considered Fairly Valued. The stock's GF Value™ is $346.29, compared to a current price of $344.32 — trading 0.6% below its estimated fair value. The current ROCE % is 14.26% and 126.7% above the Aerospace & Defense industry median of 6.29. General Dynamics' overall GF Score™ is 93/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For General Dynamics (GD), the current ROCE % is 14.26% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is General Dynamics (GD) Overvalued in 2026?

Based on GuruFocus' analysis, General Dynamics stock appears to be undervalued. The current stock price of $344.32 is trading 0.6% below its estimated GF Value™ of $346.29. GuruFocus considers General Dynamics to be Fairly Valued.

Key valuation signals for GD:

  • ROCE %: 14.26%
  • GF Value™: $346.29 vs. price of $344.32 (0.6% below fair value)
  • GF Score™: 93/100 with 8 warning signs
  • Industry Position: 126.7% above the Aerospace & Defense median

No single metric tells the full story. See the GD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

General Dynamics Business Description

Address 11011 Sunset Hills Road, Reston, VA, USA, 20190
General Dynamics is a defense contractor and business jet manufacturer. The firm's segments are aerospace, marine, combat systems, and technologies. General Dynamics' aerospace segment manufactures Gulfstream business jets and operates a global aircraft servicing operation. Combat systems produces land-based combat vehicles such as the M1 Abrams tank and Stryker armored personnel carrier, as well as munitions. The marine segment builds and services nuclear-powered submarines, destroyers, and Navy support ships. The technologies segment contains two main units: an IT business that primarily serves the government market and a mission systems business focusing on electronics that provide command, control, computing, intelligence, surveillance, and reconnaissance capabilities to the military.
93GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$344.32
Price
$346.29
GF Value