General Dynamics Corporation (GD) Return on Invested Capital (ROIC): 10.58%
Is General Dynamics Corporation’s return on invested capital (ROIC) high or low?
General Dynamics Corporation's return on invested capital (ROIC) of 10.58% is 11% above its 5-year average of 9.56%, near the high end of its 5-year range (9.01%–10.58%).
As of Tuesday, June 16, 2026. 2.72% above its 12-month average of 10.30%.
GD Return on Invested Capital (ROIC) Chart
GD Average Return on Invested Capital (ROIC) Chart
GD Current vs Average Return on Invested Capital (ROIC) Chart
GD Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
10.58%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
10.30%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
9.74%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
9.56%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
11.06%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
11.23%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
11.48%
CURRENT VS TTM AVG
+2.72%
CURRENT VS 3Y AVG
+8.60%
CURRENT VS 5Y AVG
+10.65%
CURRENT VS 10Y AVG
-4.37%
CURRENT VS 15Y AVG
-5.76%
CURRENT VS 20Y AVG
-7.80%
GD Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| General Dynamics Corporation (GD) | $97.23B | 10.58% | 10.30% | 9.74% | 9.56% |
| United Parcel Service, Inc. (UPS)vs › | $93.99B | 10.40% | 11.21% | 13.32% | 13.95% |
| Cummins Inc. (CMI)vs › | $93.79B | 11.41% | 12.55% | 9.89% | 10.37% |
| Automatic Data Processing, Inc. (ADP)vs › | $89.23B | 24.66% | 32.02% | 35.59% | 31.77% |
| Johnson Controls International plc (JCI)vs › | $89.11B | 8.68% | 7.82% | 7.36% | 6.62% |
| CSX Corporation (CSX)vs › | $88.06B | 8.40% | 9.30% | 10.17% | 9.93% |
| 3M Company (MMM)vs › | $84.86B | 11.53% | 12.46% | 10.54% | 11.94% |
| Emerson Electric Co. (EMR)vs › | $84.33B | 7.26% | 6.33% | 6.09% | 7.58% |
| Parker-Hannifin Corporation (PH)vs › | $115.86B | 13.69% | 12.91% | 11.49% | 10.97% |
| Illinois Tool Works Inc. (ITW)vs › | $75.52B | 24.49% | 25.84% | 24.99% | 22.94% |
Capital Efficiency
ROIC
10.6%
ROE
16.6%
General Dynamics Corporation Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
General Dynamics Corporation Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for General Dynamics Corporation (GD)?
- The return on invested capital (ROIC) for GD stock is 10.58%.
- Is General Dynamics Corporation's return on invested capital (ROIC) high or low?
- General Dynamics Corporation's return on invested capital (ROIC) of 10.58% is 11% above its 5-year average of 9.56%, near the high end of its 5-year range (9.01%–10.58%).
- What is the TTM average return on invested capital (ROIC) for General Dynamics Corporation (GD)?
- The TTM average return on invested capital (ROIC) for GD stock is 10.30%.
- What is the 3Y average return on invested capital (ROIC) for General Dynamics Corporation (GD)?
- The 3Y average return on invested capital (ROIC) for GD stock is 9.74%.
- What is the 5Y average return on invested capital (ROIC) for General Dynamics Corporation (GD)?
- The 5Y average return on invested capital (ROIC) for GD stock is 9.56%.
- What is the 10Y average return on invested capital (ROIC) for General Dynamics Corporation (GD)?
- The 10Y average return on invested capital (ROIC) for GD stock is 11.06%.
- What is the 15Y average return on invested capital (ROIC) for General Dynamics Corporation (GD)?
- The 15Y average return on invested capital (ROIC) for GD stock is 11.23%.
- What is the 20Y average return on invested capital (ROIC) for General Dynamics Corporation (GD)?
- The 20Y average return on invested capital (ROIC) for GD stock is 11.48%.
General Dynamics Corporation Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 10.58% |
| 2024-12-31 | 10.02% |
| 2023-12-31 | 9.01% |
| 2022-12-31 | 9.36% |
| 2021-12-31 | 9.35% |
| 2020-12-31 | 9.05% |
| 2019-12-31 | 10.61% |
| 2018-12-31 | 11.42% |
| 2017-12-31 | 13.78% |
| 2016-12-31 | 13.11% |
| 2015-12-31 | 15.41% |
| 2014-12-31 | 12.37% |
| 2013-12-31 | 10.93% |
| 2012-12-31 | -2.72% |
| 2011-12-31 | 11.05% |
| 2010-12-31 | 12.35% |
| 2009-12-31 | 11.76% |
| 2008-12-31 | 13.27% |
| 2007-12-31 | 12.32% |
| 2006-12-31 | 12.20% |
| 2005-12-31 | 11.56% |
| 2004-12-31 | 10.76% |
| 2003-12-31 | 9.35% |
| 2002-12-31 | 13.32% |
| 2001-12-31 | 12.78% |
| 2000-12-31 | 17.49% |
| 1999-12-31 | 18.17% |
| 1998-12-31 | 18.86% |
| 1997-12-31 | 18.86% |
| 1996-12-31 | 9.45% |
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