Stock Analysis on Net
Stock Analysis on Net

General Dynamics Corp. (NYSE:GD)

This company has been moved to the archive! The financial data has not been updated since October 28, 2020.

Common-Size Income Statement

General Dynamics Corp., common-size consolidated income statement

Microsoft Excel
12 months ended: Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Products 58.78 55.67 61.40 63.42 64.44
Services 41.22 44.33 38.60 36.58 35.56
Revenue 100.00% 100.00% 100.00% 100.00% 100.00%
Products -47.19 -43.91 -47.78 -49.26 -50.43
Services -34.87 -37.53 -32.24 -30.81 -30.09
Cost of revenue -82.06% -81.45% -80.02% -80.07% -80.52%
Gross profit 17.94% 18.55% 19.98% 19.93% 19.48%
General and administrative (G&A) -6.13 -6.24 -6.49 -6.19 -6.20
Operating earnings 11.81% 12.31% 13.49% 13.74% 13.28%
Interest expense -1.20 -1.03 -0.38 -0.32 -0.31
Interest income 0.03 0.05 0.05 0.03 0.05
Interest, net -1.17% -0.98% -0.33% -0.29% -0.26%
Other, net 0.04 -0.04 0.01 0.04 0.02
Earnings from continuing operations before income tax 10.68% 11.29% 13.16% 13.49% 13.04%
Provision for income tax, net -1.82 -2.01 -3.76 -3.73 -3.61
Earnings from continuing operations 8.85% 9.28% 9.40% 9.77% 9.42%
Discontinued operations, net of tax 0.00 -0.04 0.00 -0.34 0.00
Net earnings 8.85% 9.24% 9.40% 9.42% 9.42%

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).

Income statement item Description The company
Operating earnings The net result for the period of deducting operating expenses from operating revenues. General Dynamics Corp. operating earnings as a percentage of revenue decreased from 2017 to 2018 and from 2018 to 2019.
Earnings from continuing operations before income tax Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. General Dynamics Corp. earnings from continuing operations before income tax as a percentage of revenue decreased from 2017 to 2018 and from 2018 to 2019.
Net earnings The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. General Dynamics Corp. net earnings as a percentage of revenue decreased from 2017 to 2018 and from 2018 to 2019.