Is GD or UNP cheaper?

On trailing earnings, UNP is cheaper: GD trades at a 22.61 P/E and UNP at 22.02.

Which has grown faster, GD or UNP?

Over the past five years, GD grew revenue faster — GD at a 6.89% CAGR versus UNP at 5.05%.

Does GD or UNP pay a bigger dividend?

GD yields 1.69% and UNP yields 2.06% based on trailing dividends and the latest price.

Is GD or UNP more profitable?

UNP runs the higher net margin — GD at 8.07% versus UNP at 29.20%.

Which has been the better investment, GD or UNP?

Over the past 10-year, UNP delivered the higher annualized total return — GD at 12.29% versus UNP at 14.29%. Past performance doesn't predict future results.

General Dynamics Corporation (GD) vs Union Pacific Corporation (UNP)

UNP leads on 9 of 16 compared metrics.

A side-by-side comparison of General Dynamics Corporation and Union Pacific Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 16, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

General Dynamics Corporation

$97.23B

$359.53Industrials

UNP

Union Pacific Corporation

$158.71B

$267.32Industrials

Total return — GD vs UNP

growth of $100 · last 30y

GD +2219.5%UNP +2212.5%GD compounded faster

GD UNP

GD vs UNP: by the numbers

•UNP is the larger company ($158.71B vs $97.23B market cap).
•UNP trades at the lower earnings multiple (22.02 vs 22.61 P/E).
•UNP converts more revenue to profit (29.20% vs 8.07% net margin).
•GD grew revenue faster over the past five years (6.89% vs 5.05% CAGR).
•UNP pays the higher dividend yield (2.06% vs 1.69%).

Which is better, GD or UNP?

Metric tally: GD 7 · UNP 9

It depends on what you're optimizing for:

ValueUNP(lower P/E)

GrowthGD(faster 5Y revenue CAGR)

IncomeUNP(higher dividend yield)

QualityUNP(higher ROIC)

Metrics side by side

Valuation

Metric	GD	UNP
P/E ratio	22.61	22.02●
Forward P/E	19.73	19.47
P/S ratio	1.83●	6.42
P/B ratio	3.78●	8.17
PEG ratio	1.63●	2.34
EV / EBITDA	16.32	14.48●
FCF yield	6.29%●	3.59%

Profitability

Metric	GD	UNP
Gross margin	15.24%	45.67%●
Operating margin	10.24%	40.09%●
Net margin	8.07%	29.20%●
ROE	16.65%	37.15%●
ROIC	10.58%	11.70%●

Dividends

Metric	GD	UNP
Dividend yield	1.69%	2.06%●
Payout ratio	38.94%	45.96%

Growth (annualized)

Metric	GD	UNP
Revenue CAGR (5Y)	6.89%●	5.05%
EPS CAGR (5Y)	7.22%	8.74%●
FCF CAGR (5Y)	11.42%●	0.04%
Total return CAGR (5Y)	15.76%●	6.06%

Frequently asked

Which is better, GD or UNP?: It depends on your goal. value: UNP (lower P/E); growth: GD (faster 5Y revenue CAGR); income: UNP (higher dividend yield); quality: UNP (higher ROIC). Across all compared metrics, UNP leads 9 to 7.
Is GD or UNP cheaper?: On trailing earnings, UNP is cheaper: GD trades at a 22.61 P/E and UNP at 22.02.
Which has grown faster, GD or UNP?: Over the past five years, GD grew revenue faster — GD at a 6.89% CAGR versus UNP at 5.05%.
Does GD or UNP pay a bigger dividend?: GD yields 1.69% and UNP yields 2.06% based on trailing dividends and the latest price.
Is GD or UNP more profitable?: UNP runs the higher net margin — GD at 8.07% versus UNP at 29.20%.
Which has been the better investment, GD or UNP?: Over the past 10-year, UNP delivered the higher annualized total return — GD at 12.29% versus UNP at 14.29%. Past performance doesn't predict future results.

Go deeper

Full GD analysis Full UNP analysis Interactive comparison tool

Dig into the metrics

General Dynamics P/E ratio Union Pacific P/E ratio General Dynamics dividend yield Union Pacific dividend yield General Dynamics ROE Union Pacific ROE General Dynamics operating margin Union Pacific operating margin General Dynamics revenue growth Union Pacific revenue growth General Dynamics free cash flow Union Pacific free cash flow

General Dynamics & Union Pacific appear in these rankings

Highest Dividend Yield Stocks Dividend Aristocrats Highest ROE Stocks Highest Operating Margin Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 16, 2026.