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General Dynamics (GD)
NYSE:GD
Earnings Data
Report Date
Jul 23, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
3.44Last Year’s EPS
3.26Same Quarter Last Year
Moderate Buy
Based on 13 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 23, 2025
|% Change Since: -1.18%
|Next Earnings Date:Jul 23, 2025
Earnings Call Sentiment|Positive
The earnings call presented strong financial performance with significant growth across key segments, particularly in Aerospace. However, challenges such as negative free cash flow, a slight decline in backlog, and uncertainties related to tariffs and the supply chain in Marine Systems were notable concerns.Company Guidance
In the first quarter of fiscal year 2025, General Dynamics reported robust financial performance with earnings of $3.66 per diluted share, reflecting a 27.1% increase from the same period in the previous year. The company achieved revenue of $12.2 billion, marking a 13.9% increase, while operating earnings rose by 22.4% to $1.268 billion, and net earnings increased by 24.4% to $994 million. The operating margin improved by 70 basis points to 10.4%. Aerospace led revenue growth with a 45.2% increase, driven by a 50% increase in aircraft deliveries, including 13 new G700s. The Technologies Group also saw strong order activity with a book-to-bill ratio of 1.1 to 1. However, the overall company book-to-bill ratio was slightly below 1 due to a 14% revenue increase. Capital expenditures for the quarter were $142 million, and the company returned over $980 million to shareholders through dividends and share repurchases. Free cash flow for the quarter was negative $290 million, with expectations for improvement in the subsequent quarters. The company ended the quarter with a cash balance of $1.2 billion and a net debt position of $8.4 billion. The effective tax rate was 17.2%. While the company did not update its annual guidance, it noted the positive start to the year and the potential impact of tariffs on future performance.Strong Revenue and Earnings Growth
Earnings per diluted share were $3.66 on revenue of $12.2 billion. Revenue increased by 13.9%, operating earnings by 22.4%, and net earnings by 24.4% compared to the year-ago quarter.
Aerospace Segment Performance
Aerospace revenue increased by 45.2%, driven by a 50% increase in aircraft deliveries, including 13 new G700s. Operating earnings increased by 59.4%.
G800 Certification and Expectations
The G800 was certified by the FAA and EASA, with expectations for smooth entry into service and potential to exceed planned deliveries.
Defense Segment Growth
Combat Systems revenue increased by 3.5%, and Marine Systems revenue grew by 7.7%. Technologies Group revenue increased by 6.8%.
Shareholder Returns
Returned over $980 million to shareholders through dividends and share repurchases.
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GD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 23, 2025 | $274.80 | $265.73 | -3.30% |
| Jan 29, 2025 | $261.12 | $250.06 | -4.24% |
| Oct 23, 2024 | $302.69 | $301.12 | -0.52% |
| Jul 24, 2024 | $289.89 | $280.25 | -3.33% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does General Dynamics (GD) report earnings?
General Dynamics (GD) is schdueled to report earning on Jul 23, 2025, TBA Not Confirmed.
What is General Dynamics (GD) earnings time?
General Dynamics (GD) earnings time is at Jul 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GD EPS forecast?
GD EPS forecast for the fiscal quarter 2025 (Q2) is 3.44.
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