General Dynamics (GD) Debt/Equity Ratio: History & Chart

General Dynamics Corporation(GD)

Aerospace & Defense · Reston, VA

$356.81+0.91 (+0.26%)

Delayed quote: Sep 14, 2026, 4:00 PM EDT

About General Dynamics Corporation

General Dynamics Corporation is a global leader in the aerospace and defense industry, with its operations structured across four key divisions: Aerospace, Marine Systems, Combat Systems, and Technologies. The Aerospace segment focuses on the design, production, and sale of business jets, alongside offering a full suite of aviation services including aircraft maintenance, repair, management, charter services, and ground support. Marine Systems specializes in shipbuilding for the U.S. Navy, constructing nuclear-powered submarines, surface warships, and auxiliary vessels. This division also builds various commercial ships, such as tankers and cargo carriers. Furthermore, it provides extensive maintenance, modernization, and lifecycle support, along with engineering and design services for both naval and commercial fleets. Combat Systems is dedicated to creating land-based defense solutions, manufacturing a diverse range of products including wheeled and tracked combat vehicles (like the Stryker and Piranha), main battle tanks, armored vehicles, weapon systems, munitions, and mobile bridge systems. This segment also delivers modernization programs, engineering expertise, and ongoing sustainment services. The Technologies division offers sophisticated information technology and mission support services, catering primarily to military, intelligence, and federal civilian clients. Its offerings span mobile communication, computing, command-and-control systems, and intelligence, surveillance, and reconnaissance (ISR) capabilities. Additionally, this segment is deeply involved in cutting-edge areas such as cloud computing, artificial intelligence, machine learning, big data analytics, DevOps, software-defined networks, "everything-as-a-service" models, defense enterprise office systems, and the assembly of unmanned undersea vehicles. Established in 1899, General Dynamics Corporation is headquartered in Reston, Virginia.

Reston, VA

117,000 employees

www.gd.com

Industrials / Aerospace & Defense

Sector: Industrials
Industry: Aerospace & Defense
CEO: Phebe N. Novakovic

View full financials

GD Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

0.35

DEBT TO EQUITY RATIO AVG TTM

0.36

DEBT TO EQUITY RATIO AVG 3Y

0.46

DEBT TO EQUITY RATIO AVG 5Y

0.54

DEBT TO EQUITY RATIO AVG 10Y

0.71

DEBT TO EQUITY RATIO AVG 15Y

0.56

DEBT TO EQUITY RATIO AVG 20Y

0.43

CURRENT VS TTM AVG

-2.31%

CURRENT VS 3Y AVG

-22.59%

CURRENT VS 5Y AVG

-35.03%

CURRENT VS 10Y AVG

-50.19%

CURRENT VS 15Y AVG

-36.88%

CURRENT VS 20Y AVG

-18.55%

SECTOR MEDIAN · INDUSTRIALS

0.59

median of 149 covered companies

CURRENT VS SECTOR MEDIAN

-40.11%

vs the sector median at left

NAME	MARKET CAP	DEBT TO EQUITY RATIO	TTM	3Y	5Y
General Dynamics Corporation (GD)	$96.54B	0.35	0.36	0.46	0.54
Trane Technologies plc (TT)vs ›	$93.73B	0.53	0.63	0.68	0.72
Quanta Services, Inc. (PWR)vs ›	$93.52B	0.69	0.67	0.70	0.65
Vertiv Holdings Co (VRT)vs ›	$91.39B	0.68	1.11	1.53	2.14
Howmet Aerospace Inc. (HWM)vs ›	$90.88B	0.79	0.67	0.87	1.03
CSX Corporation (CSX)vs ›	$90.60B	1.37	1.50	1.51	1.44
Waste Management, Inc. (WM)vs ›	$87.17B	2.35	2.59	2.43	2.24
United Parcel Service, Inc. (UPS)vs ›	$87.04B	1.90	1.76	1.56	8.38
3M Company (MMM)vs ›	$83.55B	4.25	3.16	2.73	2.28
Emerson Electric Co. (EMR)vs ›	$83.06B	0.68	0.54	0.63	0.70

NAME

MARKET CAP

DEBT TO EQUITY RATIO

TTM

General Dynamics Corporation (GD)

$96.54B

0.35

0.36

0.46

0.54

Trane Technologies plc (TT)vs ›

$93.73B

0.53

0.63

0.68

0.72

Quanta Services, Inc. (PWR)vs ›

$93.52B

0.69

0.67

0.70

0.65

Vertiv Holdings Co (VRT)vs ›

$91.39B

0.68

1.11

1.53

2.14

Howmet Aerospace Inc. (HWM)vs ›

$90.88B

0.79

0.67

0.87

1.03

CSX Corporation (CSX)vs ›

$90.60B

1.37

1.50

1.51

1.44

Waste Management, Inc. (WM)vs ›

$87.17B

2.35

2.59

2.43

2.24

United Parcel Service, Inc. (UPS)vs ›

$87.04B

1.90

1.76

1.56

8.38

3M Company (MMM)vs ›

$83.55B

4.25

3.16

2.73

2.28

Emerson Electric Co. (EMR)vs ›

$83.06B

0.68

0.54

0.63

0.70

Debt to Equity Ratio FAQ

What is the debt to equity ratio for General Dynamics Corporation (GD)?

The debt to equity ratio for GD stock is 0.35.

Is General Dynamics Corporation's debt to equity ratio high or low?

The debt to equity ratio of 0.35 is 35% below its 5-year average of 0.54, near the low end of its 5-year range (0.31–0.97).

What is the TTM average debt to equity ratio for General Dynamics Corporation (GD)?

The TTM average debt to equity ratio for GD stock is 0.36.

What is the 3Y average debt to equity ratio for General Dynamics Corporation (GD)?

The 3Y average debt to equity ratio for GD stock is 0.46.

What is the 5Y average debt to equity ratio for General Dynamics Corporation (GD)?

The 5Y average debt to equity ratio for GD stock is 0.54.

What is the 10Y average debt to equity ratio for General Dynamics Corporation (GD)?

The 10Y average debt to equity ratio for GD stock is 0.71.

What is the 15Y average debt to equity ratio for General Dynamics Corporation (GD)?

The 15Y average debt to equity ratio for GD stock is 0.56.

What is the 20Y average debt to equity ratio for General Dynamics Corporation (GD)?

The 20Y average debt to equity ratio for GD stock is 0.43.

DATE	DEBT TO EQUITY RATIO
2026-07-05	0.35
2026-04-05	0.31
2025-12-31	0.38
2025-09-28	0.40
2025-06-29	0.45
2025-03-30	0.52
2024-12-31	0.48
2024-09-29	0.49
2024-06-30	0.50
2024-03-31	0.52
2023-12-31	0.52
2023-10-01	0.55
2023-07-02	0.59
2023-04-02	0.63
2022-12-31	0.65
2022-10-02	0.74
2022-07-03	0.76
2022-04-03	0.73
2021-12-31	0.75
2021-10-03	0.97
2021-07-04	1.02
2021-04-04	0.94
2020-12-31	0.94
2020-09-27	1.01
2020-06-28	1.15
2020-03-29	1.47
2019-12-31	0.99
2019-09-29	1.12
2019-06-30	1.19
2019-03-31	1.22
2018-12-31	1.06
2018-09-30	1.03
2018-07-01	1.19
2018-04-01	0.55
2017-12-31	0.35
2017-10-01	0.42
2017-07-02	0.36
2017-04-02	0.37
2016-12-31	0.35
2016-10-02	0.34
2016-07-03	0.31
2016-04-03	0.32
2015-12-31	0.32
2015-10-04	0.32
2015-07-05	0.30
2015-04-05	0.30
2014-12-31	0.33
2014-09-28	0.30
2014-06-29	0.30
2014-03-30	0.29
2013-12-31	0.27
2013-09-29	0.31
2013-06-30	0.33
2013-03-31	0.34
2012-12-31	0.34
2012-09-30	0.28
2012-07-01	0.29
2012-04-01	0.28
2011-12-31	0.30
2011-10-02	0.30
2011-07-03	0.23
2011-04-03	0.24
2010-12-31	0.24
2010-10-03	0.24
2010-07-04	0.30
2010-04-04	0.30
2009-12-31	0.31
2009-10-04	0.33
2009-07-05	0.36
2009-04-05	0.38
2008-12-31	0.40
2008-09-28	0.18
2008-06-29	0.19
2008-03-30	0.24
2007-12-31	0.24
2007-09-30	0.26
2007-07-01	0.26
2007-04-01	0.28
2006-12-31	0.28
2006-10-01	0.33
2006-07-02	0.40
2006-04-02	0.39
2005-12-31	0.40
2005-10-02	0.41
2005-07-03	0.37
2005-04-03	0.45
2004-12-31	0.46
2004-10-03	0.54
2004-07-04	0.59
2004-04-04	0.62
2003-12-31	0.68
2003-09-28	0.81
2003-06-29	0.57
2003-03-30	0.61
2002-12-31	0.28
2002-09-29	0.39

DATE

DEBT TO EQUITY RATIO

2026-07-05

0.35

2026-04-05

0.31

2025-12-31

0.38

2025-09-28

0.40

2025-06-29

0.45

2025-03-30

0.52

2024-12-31

0.48

2024-09-29

0.49

2024-06-30

0.50

2024-03-31

0.52

2023-12-31

0.52

2023-10-01

0.55

2023-07-02

0.59

2023-04-02

0.63

2022-12-31

0.65

2022-10-02

0.74

2022-07-03

0.76

2022-04-03

0.73

2021-12-31

0.75

2021-10-03

0.97

2021-07-04

1.02

2021-04-04

0.94

2020-12-31

0.94

2020-09-27

1.01

2020-06-28

1.15

2020-03-29

1.47

2019-12-31

0.99

2019-09-29

1.12

2019-06-30

1.19

2019-03-31

1.22

2018-12-31

1.06

2018-09-30

1.03

2018-07-01

1.19

2018-04-01

0.55

2017-12-31

0.35

2017-10-01

0.42

2017-07-02

0.36

2017-04-02

0.37

2016-12-31

0.35

2016-10-02

0.34

2016-07-03

0.31

2016-04-03

0.32

2015-12-31

0.32

2015-10-04

0.32

2015-07-05

0.30

2015-04-05

0.30

2014-12-31

0.33

2014-09-28

0.30

2014-06-29

0.30

2014-03-30

0.29

2013-12-31

0.27

2013-09-29

0.31

2013-06-30

0.33

2013-03-31

0.34

2012-12-31

0.34

2012-09-30

0.28

2012-07-01

0.29

2012-04-01

0.28

2011-12-31

0.30

2011-10-02

0.30

2011-07-03

0.23

2011-04-03

0.24

2010-12-31

0.24

2010-10-03

0.24

2010-07-04

0.30

2010-04-04

0.30

2009-12-31

0.31

2009-10-04

0.33

2009-07-05

0.36

2009-04-05

0.38

2008-12-31

0.40

2008-09-28

0.18

2008-06-29

0.19

2008-03-30

0.24

2007-12-31

0.24

2007-09-30

0.26

2007-07-01

0.26

2007-04-01

0.28

2006-12-31

0.28

2006-10-01

0.33

2006-07-02

0.40

2006-04-02

0.39

2005-12-31

0.40

2005-10-02

0.41

2005-07-03

0.37

2005-04-03

0.45

2004-12-31

0.46

2004-10-03

0.54

2004-07-04

0.59

2004-04-04

0.62

2003-12-31

0.68

2003-09-28

0.81

2003-06-29

0.57

2003-03-30

0.61

2002-12-31

0.28

2002-09-29

0.39

Debt to Equity Ratio: 0.35

GD Debt to Equity Ratio

GD Average Debt to Equity Ratio Chart

GD Current vs Average Debt to Equity Ratio Chart

GD Debt to Equity Ratio Metrics

GD Competitors' Debt to Equity Ratio

Financial Health

Debt to Equity Ratio Formula & Definition

Debt to Equity Ratio FAQ

GD Debt to Equity Ratio History

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