Forward PE Ratio: 22.41
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
General Dynamics Corporation
Market Cap
$101.30B
Forward PE Ratio
22.41
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| General Dynamics Corporation (GD) | $101.30B | 22.41 |
| Quanta Services, Inc. (PWR)vs › | $100.27B | 47.58 |
| Trane Technologies plc (TT)vs › | $104.34B | 31.67 |
| Automatic Data Processing, Inc. (ADP)vs › | $96.45B | 21.80 |
| Howmet Aerospace Inc. (HWM)vs › | $109.54B | 53.68 |
| Waste Management, Inc. (WM)vs › | $93.03B | 28.59 |
| Cummins Inc. (CMI)vs › | $92.92B | 23.03 |
| CSX Corporation (CSX)vs › | $91.70B | 25.21 |
| Lockheed Martin Corporation (LMT)vs › | $119.49B | 17.63 |
| Parker-Hannifin Corporation (PH)vs › | $119.68B | 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 EstimatesAt 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 end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $16.70 | $16.38 – $17.11 | 15 | 22.4x |
| 2027-12-31 | $18.24 | $17.30 – $18.80 | 16 | 20.5x |
| 2028-12-31 | $19.66 | $18.97 – $20.62 | 15 | 19.1x |
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.
Related Metrics
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.
- Sector
- Industrials
- Industry
- Aerospace & Defense
- CEO
- Phebe N. Novakovic