General DynamicsMEX:GD 86 3-Year ROIIC % is 16.88 as of Dec. 2025, which is 386% above its 10-year median of 3.47. GuruFocus rates MEX:GD with a GF Score™ of 86/100 and a GF Value™ of MXN5,946.47 (Fairly Valued). The stock has 8 warning signs investors should review. Among 321 Aerospace & Defense companies, General Dynamics ranks better than 71.03% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
General Dynamics's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 16.88%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for General Dynamics's 3-Year ROIIC % or its related term are showing as below:
MEX:GD's 3-Year ROIIC % is ranked better than 71.03% of 321
companies
in the Aerospace & Defense industry
Industry Median: 3.84
vs MEX:GD: 16.88
General Dynamics (MEX:GD) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
General Dynamics 3-Year ROIIC % Related Terms
General Dynamics 3-Year ROIIC % Historical Data
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The historical data trend for General Dynamics's 3-Year ROIIC % 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.
MEX:GD vs HWM, TDG, NOC: 3-Year ROIIC % Comparison
For the Aerospace & Defense subindustry, General Dynamics's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
General Dynamics 3-Year ROIIC % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, General Dynamics's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where General Dynamics's 3-Year ROIIC % falls into.
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
General Dynamics (MEX:GD) has a 3-Year ROIIC % of 16.88 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on General Dynamics and its competitors. This is 386% above median its historical median of 3.47. According to the industry distribution chart, General Dynamics ranks #93 out of 321 companies in the Aerospace & Defense industry, placing it in the top 29%.
Is General Dynamics' 3-Year ROIIC % too high?
General Dynamics' current 3-Year ROIIC % of 16.88 is 386% above median its 10-year median of 3.47. The Aerospace & Defense industry median 3-Year ROIIC % is 3.84. General Dynamics' value of 16.88 is 339.6% above this industry median. Based on the distribution chart, General Dynamics ranks #93 out of 321 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, General Dynamics has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does General Dynamics' 3-Year ROIIC % compare to HWM and TDG?
According to the Aerospace & Defense industry distribution chart, General Dynamics ranks #93 out of 321 companies for 3-Year ROIIC %. This puts General Dynamics in the upper half of its industry. The industry median 3-Year ROIIC % is 3.84. General Dynamics' value of 16.88 is 339.6% above this benchmark. While the company's 10-year median is 3.47 vs. the industry median of 3.84, General Dynamics has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for an Aerospace & Defense company?
The median 3-Year ROIIC % among Aerospace & Defense companies is 3.84, based on 321 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. General Dynamics's current 3-Year ROIIC % of 16.88 is 339.6% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on General Dynamics and its competitors. For the Aerospace & Defense industry, the median 3-Year ROIIC % is 3.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General Dynamics's current 3-Year ROIIC % is 16.88, which is 386% above median its own 10-year median of 3.47. 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 (MEX:GD) is currently considered Fairly Valued. The stock's GF Value™ is MXN5,946.47, compared to a current price of MXN5,976.00 — trading 0.5% above its estimated fair value. The current 3-Year ROIIC % is 16.88, which is 386% above median its 10-year median of 3.47 and 339.6% above the Aerospace & Defense industry median of 3.84. General Dynamics' overall GF Score™ is 86/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For General Dynamics (MEX:GD), the current 3-Year ROIIC % is 16.88 as of Dec. 2025. 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 (MEX:GD) Overvalued in 2026?
Based on GuruFocus' analysis, General Dynamics stock appears to be overvalued.
The current stock price of MXN5,976.00 is trading 0.5% above its estimated GF Value™ of MXN5,946.47.
GuruFocus considers General Dynamics to be Fairly Valued.
Key valuation signals for MEX:GD:
3-Year ROIIC %: 16.88 (386% above median its 10-year median of 3.47)
GF Value™: MXN5,946.47 vs. price of MXN5,976.00 (0.5% above fair value)
Industry Position: 339.6% above the Aerospace & Defense median (#93 of 321)
No single metric tells the full story. See the MEX:GD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
86GF Score
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