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GDGeneral Dynamics Corporation

The forward PE ratio is 22.41 as of Thursday, July 9, 2026.

Forward PE Ratio (22.41) = Close Price ($374.60) / Consensus Forward EPS ($16.70)

GD Forward PE Ratio Metrics

FORWARD PE RATIO

22.41

GD Competitors' Forward PE Ratio

GD

General Dynamics Corporation

Current

Market Cap

$101.30B

Forward PE Ratio

22.41

PWR

Quanta Services, Inc.

vs GD

Market Cap

$100.27B

Forward PE Ratio

47.58

TT

Trane Technologies plc

vs GD

Market Cap

$104.34B

Forward PE Ratio

31.67

ADP

Automatic Data Processing, Inc.

vs GD

Market Cap

$96.45B

Forward PE Ratio

21.80

HWM

Howmet Aerospace Inc.

vs GD

Market Cap

$109.54B

Forward PE Ratio

53.68

WM

Waste Management, Inc.

vs GD

Market Cap

$93.03B

Forward PE Ratio

28.59

CMI

Cummins Inc.

vs GD

Market Cap

$92.92B

Forward PE Ratio

23.03

CSX

CSX Corporation

vs GD

Market Cap

$91.70B

Forward PE Ratio

25.21

LMT

Lockheed Martin Corporation

vs GD

Market Cap

$119.49B

Forward PE Ratio

17.63

PH

Parker-Hannifin Corporation

vs GD

Market Cap

$119.68B

Forward PE Ratio

30.01

Trailing vs Forward

Trailing P/E

23.5

reported TTM EPS

Forward P/E

22.4

consensus next-FY EPS

The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $16.70 implies +5.0% EPS growth vs the reported trailing $15.90.

Forward P/E by Fiscal Year

View All Analyst Estimates

At today's $374.60 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.

Fiscal year endConsensus EPSEstimate rangeAnalystsImplied P/E
2026-12-31$16.70$16.38 – $17.111522.4x
2027-12-31$18.24$17.30 – $18.801620.5x
2028-12-31$19.66$18.97 – $20.621519.1x

Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.

Forward PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Forward PE Ratio FAQ

What is the forward PE ratio for General Dynamics Corporation (GD)?
The forward PE ratio for GD stock is 22.41.

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
110,000 employees
Industrials / Aerospace & Defense
Sector
Industrials
Industry
Aerospace & Defense
CEO
Phebe N. Novakovic