General Dynamics Corporation (GD) Free Cash Flow CAGR:85.49%(TTM)
Free cash flow CAGR uses precomputed cash-flow statement history.
Over longer horizons, General Dynamics Corporation's Free Cash Flow CAGR averages 28.16% over 3 years and 11.42% over 5 years.The TTM figure compares the trailing 12 months (sum of the latest four quarters) with the 12 months before that. Rows in the history table compare fiscal years, and the quarterly table compares single quarters; the three measure different windows and will differ. Free cash flow CAGR measures how General Dynamics Corporation's cash generation has grown. FCF represents the cash available for dividends, buybacks, debt reduction, or reinvestment.
GD Free Cash Flow CAGR Chart
General Dynamics Corporation (GD)
GD Quarterly Free Cash Flow Growth (YoY)
Free Cash Flow growth vs the same quarter one year earlier, last 20 quarters.
GD Free Cash Flow CAGR History
| Year | Start FCF | End FCF | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2025 | $3.20B | $3.96B | +$763.00M | +23.87% | +23.87% |
| 2024 | $3.81B | $3.20B | $-610.00M | -16.03% | -16.03% |
| 2023 | $3.46B | $3.81B | +$341.00M | +9.84% | +9.84% |
| 2022 | $3.38B | $3.46B | +$81.00M | +2.39% | +2.39% |
| 2021 | $2.89B | $3.38B | +$493.00M | +17.05% | +17.05% |
| 2020 | $1.99B | $2.89B | +$897.00M | +44.98% | +44.98% |
| 2019 | $2.46B | $1.99B | $-464.00M | -18.88% | -18.88% |
| 2018 | $3.45B | $2.46B | $-993.00M | -28.77% | -28.77% |
| 2017 | $1.81B | $3.45B | +$1.65B | +91.09% | +91.09% |
| 2016 | $1.93B | $1.81B | $-124.00M | -6.42% | -6.42% |
| 2015 | $3.21B | $1.93B | $-1.28B | -39.82% | -39.82% |
| 2014 | $2.67B | $3.21B | +$541.00M | +20.29% | +20.29% |
| 2013 | $2.24B | $2.67B | +$429.00M | +19.18% | +19.18% |
| 2012 | $2.78B | $2.24B | $-543.00M | -19.53% | -19.53% |
| 2011 | $2.62B | $2.78B | +$164.00M | +6.27% | +6.27% |
| 2010 | $2.46B | $2.62B | +$161.00M | +6.56% | +6.56% |
| 2009 | $2.62B | $2.46B | $-165.00M | -6.30% | -6.30% |
| 2008 | $2.45B | $2.62B | +$169.00M | +6.90% | +6.90% |
| 2007 | $1.79B | $2.45B | +$657.00M | +36.62% | +36.62% |
| 2006 | $1.78B | $1.79B | +$17.00M | +0.96% | +0.96% |
| 2005 | $1.54B | $1.78B | +$241.00M | +15.69% | +15.69% |
| 2004 | $1.50B | $1.54B | +$37.00M | +2.47% | +2.47% |
| 2003 | $861.00M | $1.50B | +$638.00M | +74.10% | +74.10% |
| 2002 | $747.00M | $861.00M | +$114.00M | +15.26% | +15.26% |
| 2001 | $783.00M | $747.00M | $-36.00M | -4.60% | -4.60% |
| 2000 | $-271.00M | $783.00M | +$1.05B | N/A | N/A |
| 1999 | $-44.00M | $-271.00M | $-227.00M | N/A | N/A |
| 1998 | $-756.00M | $-44.00M | +$712.00M | N/A | N/A |
| 1997 | $961.00M | $-756.00M | $-1.72B | -178.67% | N/A |
Quarterly Free Cash Flow: QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q1 2026 | $1.95B | +105.0% | — |
| Q4 2025 | $952.00M | -49.8% | -47.3% |
| Q3 2025 | $1.90B | +35.5% | +56.1% |
| Q2 2025 | $1.40B | — | +128.4% |
| Q1 2025 | -$290.00M | — | +33.6% |
| Q4 2024 | $1.80B | +48.6% | +102.4% |
| Q3 2024 | $1.22B | +98.2% | +11.1% |
| Q2 2024 | $613.00M | — | +18.1% |
| Q1 2024 | -$437.00M | — | — |
| Q4 2023 | $892.00M | -18.5% | +409.7% |
| Q3 2023 | $1.09B | +110.8% | +6.4% |
| Q2 2023 | $519.00M | -60.1% | +19.3% |
| Q1 2023 | $1.30B | +643.4% | -28.8% |
| Q4 2022 | $175.00M | -83.0% | -86.5% |
| Q3 2022 | $1.03B | +136.3% | -19.4% |
| Q2 2022 | $435.00M | -76.2% | -53.9% |
QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.
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