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General Dynamics Corporation

GD

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
47,716
Cost of Revenue
40,352
Gross Profit
7,364
Gross Margin
15.4%
Operating Income
4,796
Operating Margin
10.1%
Net Income
3,782
Net Margin
7.9%
EPS (Basic)
$13.81
EPS (Diluted)
$13.63
EBITDA
5,819
EBITDA Margin
12.2%

2023

12/31/2023

Revenue
42,272
Cost of Revenue
35,600
Gross Profit
6,672
Gross Margin
15.8%
Operating Income
4,245
Operating Margin
10.0%
Net Income
3,315
Net Margin
7.8%
EPS (Basic)
$12.14
EPS (Diluted)
$12.02
EBITDA
5,246
EBITDA Margin
12.4%

2022

12/31/2022

Revenue
39,407
Cost of Revenue
32,785
Gross Profit
6,622
Gross Margin
16.8%
Operating Income
4,211
Operating Margin
10.7%
Net Income
3,390
Net Margin
8.6%
EPS (Basic)
$12.31
EPS (Diluted)
$12.19
EBITDA
5,311
EBITDA Margin
13.5%

2021

12/31/2021

Revenue
38,469
Cost of Revenue
32,061
Gross Profit
6,408
Gross Margin
16.7%
Operating Income
4,163
Operating Margin
10.8%
Net Income
3,257
Net Margin
8.5%
EPS (Basic)
$11.61
EPS (Diluted)
$11.55
EBITDA
5,194
EBITDA Margin
13.5%

2020

12/31/2020

Revenue
37,925
Cost of Revenue
31,600
Gross Profit
6,325
Gross Margin
16.7%
Operating Income
4,133
Operating Margin
10.9%
Net Income
3,167
Net Margin
8.4%
EPS (Basic)
$11.04
EPS (Diluted)
$11.00
EBITDA
5,105
EBITDA Margin
13.5%