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.

Analysis of Long-term (Investment) Activity Ratios
Quarterly Data

Microsoft Excel

Long-term Activity Ratios (Summary)

General Dynamics Corp., long-term (investment) activity ratios (quarterly data)

Microsoft Excel
Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 31, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jul 1, 2018 Apr 1, 2018 Dec 31, 2017 Oct 1, 2017 Jul 2, 2017 Apr 2, 2017 Dec 31, 2016 Oct 2, 2016 Jul 3, 2016 Apr 3, 2016 Dec 31, 2015 Oct 4, 2015 Jul 5, 2015 Apr 5, 2015
Net fixed asset turnover 7.86 8.17 8.56 8.79 9.24 9.36 9.35 8.32 8.03 7.80 8.79 8.81 8.94 9.08 9.11 9.04 8.98 9.07 9.03 9.08
Total asset turnover 0.76 0.77 0.72 0.81 0.80 0.80 0.80 0.80 0.73 0.69 0.83 0.88 0.89 0.92 0.94 0.95 0.95 0.98 0.99 0.98
Equity turnover 2.60 2.78 2.94 2.90 2.88 2.97 3.10 3.08 2.67 2.72 2.64 2.71 2.67 2.84 2.94 2.86 2.73 2.84 2.97 2.93

Based on: 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-07-01), 10-Q (reporting date: 2018-04-01), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-10-01), 10-Q (reporting date: 2017-07-02), 10-Q (reporting date: 2017-04-02), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-10-02), 10-Q (reporting date: 2016-07-03), 10-Q (reporting date: 2016-04-03), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-10-04), 10-Q (reporting date: 2015-07-05), 10-Q (reporting date: 2015-04-05).

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. General Dynamics Corp. net fixed asset turnover ratio deteriorated from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.
Total asset turnover An activity ratio calculated as total revenue divided by total assets. General Dynamics Corp. total asset turnover ratio improved from Q1 2020 to Q2 2020 but then slightly deteriorated from Q2 2020 to Q3 2020.
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. General Dynamics Corp. equity turnover ratio deteriorated from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.

Net Fixed Asset Turnover

General Dynamics Corp., net fixed asset turnover calculation (quarterly data)

Microsoft Excel
Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 31, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jul 1, 2018 Apr 1, 2018 Dec 31, 2017 Oct 1, 2017 Jul 2, 2017 Apr 2, 2017 Dec 31, 2016 Oct 2, 2016 Jul 3, 2016 Apr 3, 2016 Dec 31, 2015 Oct 4, 2015 Jul 5, 2015 Apr 5, 2015
Selected Financial Data (US$ in millions)
Revenue 9,431 9,264 8,749 10,773 9,761 9,555 9,261 10,378 9,094 9,186 7,535 8,277 7,580 7,675 7,441 8,233 7,731 7,665 7,724 7,809 7,994 7,882 7,784
Property, plant and equipment, net 4,863 4,721 4,537 4,475 4,217 4,091 4,054 4,348 4,244 4,179 3,533 3,517 3,461 3,424 3,412 3,467 3,445 3,440 3,477 3,466 3,370 3,329 3,323
Long-term Activity Ratio
Net fixed asset turnover1 7.86 8.17 8.56 8.79 9.24 9.36 9.35 8.32 8.03 7.80 8.79 8.81 8.94 9.08 9.11 9.04 8.98 9.07 9.03 9.08
Benchmarks
Net Fixed Asset Turnover, Competitors2
Boeing Co. 5.08 5.47 5.69 6.12
Caterpillar Inc. 3.34 3.53 3.84 3.93
Eaton Corp. plc 6.31 6.61 7.10 6.12
GE Aerospace 1.72 1.77 1.87 1.89
Honeywell International Inc. 6.13 6.48 6.96 6.89
Lockheed Martin Corp. 9.44 9.44 9.25 9.07
RTX Corp. 4.05 4.35 5.61 6.04

Based on: 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-07-01), 10-Q (reporting date: 2018-04-01), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-10-01), 10-Q (reporting date: 2017-07-02), 10-Q (reporting date: 2017-04-02), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-10-02), 10-Q (reporting date: 2016-07-03), 10-Q (reporting date: 2016-04-03), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-10-04), 10-Q (reporting date: 2015-07-05), 10-Q (reporting date: 2015-04-05).

1 Q3 2020 Calculation
Net fixed asset turnover = (RevenueQ3 2020 + RevenueQ2 2020 + RevenueQ1 2020 + RevenueQ4 2019) ÷ Property, plant and equipment, net
= (9,431 + 9,264 + 8,749 + 10,773) ÷ 4,863 = 7.86

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. General Dynamics Corp. net fixed asset turnover ratio deteriorated from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.

Total Asset Turnover

General Dynamics Corp., total asset turnover calculation (quarterly data)

Microsoft Excel
Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 31, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jul 1, 2018 Apr 1, 2018 Dec 31, 2017 Oct 1, 2017 Jul 2, 2017 Apr 2, 2017 Dec 31, 2016 Oct 2, 2016 Jul 3, 2016 Apr 3, 2016 Dec 31, 2015 Oct 4, 2015 Jul 5, 2015 Apr 5, 2015
Selected Financial Data (US$ in millions)
Revenue 9,431 9,264 8,749 10,773 9,761 9,555 9,261 10,378 9,094 9,186 7,535 8,277 7,580 7,675 7,441 8,233 7,731 7,665 7,724 7,809 7,994 7,882 7,784
Total assets 50,258 50,222 53,710 48,841 48,788 48,074 47,466 45,408 46,963 47,152 37,219 35,046 34,914 33,793 33,211 32,872 32,668 31,769 31,702 31,997 32,980 33,654 34,385
Long-term Activity Ratio
Total asset turnover1 0.76 0.77 0.72 0.81 0.80 0.80 0.80 0.80 0.73 0.69 0.83 0.88 0.89 0.92 0.94 0.95 0.95 0.98 0.99 0.98
Benchmarks
Total Asset Turnover, Competitors2
Boeing Co. 0.38 0.41 0.49 0.57
Caterpillar Inc. 0.53 0.57 0.63 0.65
Eaton Corp. plc 0.59 0.63 0.68 0.65
GE Aerospace 0.30 0.31 0.33 0.33
Honeywell International Inc. 0.52 0.54 0.63 0.63
Lockheed Martin Corp. 1.27 1.27 1.24 1.26
RTX Corp. 0.37 0.40 0.50 0.55

Based on: 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-07-01), 10-Q (reporting date: 2018-04-01), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-10-01), 10-Q (reporting date: 2017-07-02), 10-Q (reporting date: 2017-04-02), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-10-02), 10-Q (reporting date: 2016-07-03), 10-Q (reporting date: 2016-04-03), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-10-04), 10-Q (reporting date: 2015-07-05), 10-Q (reporting date: 2015-04-05).

1 Q3 2020 Calculation
Total asset turnover = (RevenueQ3 2020 + RevenueQ2 2020 + RevenueQ1 2020 + RevenueQ4 2019) ÷ Total assets
= (9,431 + 9,264 + 8,749 + 10,773) ÷ 50,258 = 0.76

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Total asset turnover An activity ratio calculated as total revenue divided by total assets. General Dynamics Corp. total asset turnover ratio improved from Q1 2020 to Q2 2020 but then slightly deteriorated from Q2 2020 to Q3 2020.

Equity Turnover

General Dynamics Corp., equity turnover calculation (quarterly data)

Microsoft Excel
Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 31, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jul 1, 2018 Apr 1, 2018 Dec 31, 2017 Oct 1, 2017 Jul 2, 2017 Apr 2, 2017 Dec 31, 2016 Oct 2, 2016 Jul 3, 2016 Apr 3, 2016 Dec 31, 2015 Oct 4, 2015 Jul 5, 2015 Apr 5, 2015
Selected Financial Data (US$ in millions)
Revenue 9,431 9,264 8,749 10,773 9,761 9,555 9,261 10,378 9,094 9,186 7,535 8,277 7,580 7,675 7,441 8,233 7,731 7,665 7,724 7,809 7,994 7,882 7,784
Shareholders’ equity 14,716 13,890 13,200 13,577 13,513 12,877 12,234 11,732 12,755 11,994 11,774 11,435 11,564 10,952 10,583 10,976 11,317 10,995 10,582 10,738 10,734 11,276 11,520
Long-term Activity Ratio
Equity turnover1 2.60 2.78 2.94 2.90 2.88 2.97 3.10 3.08 2.67 2.72 2.64 2.71 2.67 2.84 2.94 2.86 2.73 2.84 2.97 2.93
Benchmarks
Equity Turnover, Competitors2
Boeing Co.
Caterpillar Inc. 2.73 3.17 3.38 3.48
Eaton Corp. plc 1.27 1.35 1.47 1.33
GE Aerospace 2.32 2.40 2.44 3.09
Honeywell International Inc. 1.84 1.90 2.06 1.98
Lockheed Martin Corp. 12.97 16.77 17.74 19.13
RTX Corp. 0.87 0.96 1.78 1.84

Based on: 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-07-01), 10-Q (reporting date: 2018-04-01), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-10-01), 10-Q (reporting date: 2017-07-02), 10-Q (reporting date: 2017-04-02), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-10-02), 10-Q (reporting date: 2016-07-03), 10-Q (reporting date: 2016-04-03), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-10-04), 10-Q (reporting date: 2015-07-05), 10-Q (reporting date: 2015-04-05).

1 Q3 2020 Calculation
Equity turnover = (RevenueQ3 2020 + RevenueQ2 2020 + RevenueQ1 2020 + RevenueQ4 2019) ÷ Shareholders’ equity
= (9,431 + 9,264 + 8,749 + 10,773) ÷ 14,716 = 2.60

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. General Dynamics Corp. equity turnover ratio deteriorated from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.