GD vs GM
General Dynamics Corp. and General Motors Co., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | GD | GM |
|---|---|---|
| Revenue | $52.5B | $185.0B |
| Net income | $4.2B | $2.7B |
| Gross margin | · | · |
| Net margin | 8.0% | 1.5% |
| Return on equity | 17.7% | 4.3% |
| Diluted EPS | $15.45 | $3.27 |
| Dividend / share | · | $0.57 |
| Payout ratio | 37.8% | 24.4% |
| Free cash flow | $4.0B | $17.6B |
| Equity | $25.6B | $61.1B |
| Net debt / equity | 0.22× | 1.81× |
| Current ratio | 1.44× | 1.17× |
| Revenue CAGR 5y | 6.7% | 8.6% |
| Profit CAGR 5y | 5.9% | −15.9% |
GM bills 3.5× the revenue of GD, and GD keeps more of each dollar of revenue as profit (8.0% against 1.5%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | GD | GM |
|---|---|---|
| FY2025 | $52.5B | $185.0B |
| FY2024 | $47.7B | $187.4B |
| FY2023 | $42.3B | $171.8B |
| FY2022 | $39.4B | $156.7B |
| FY2021 | $38.5B | $127.0B |
| FY2020 | $37.9B | $122.5B |
| FY2019 | $39.4B | $137.2B |
| FY2018 | $36.2B | $147.0B |
| FY2017 | $31.0B | $145.6B |
| FY2016 | $30.6B | $149.2B |
Bottom line
| Fiscal year | GD | GM |
|---|---|---|
| FY2025 | $4.2B | $2.7B |
| FY2024 | $3.8B | $6.0B |
| FY2023 | $3.3B | $10.1B |
| FY2022 | $3.4B | $9.9B |
| FY2021 | $3.3B | $10.0B |
| FY2020 | $3.2B | $6.4B |
| FY2019 | $3.5B | $6.7B |
| FY2018 | $3.3B | $8.0B |
| FY2017 | $2.9B | $-3.9B |
| FY2016 | $2.6B | $9.4B |
16 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$132,469,000,000 | GM |
| FY2024 | −$139,726,000,000 | GM |
| FY2023 | −$129,570,000,000 | GM |
| FY2022 | −$117,328,000,000 | GM |
| FY2021 | −$88,535,000,000 | GM |
| FY2020 | −$84,560,000,000 | GM |
| FY2019 | −$97,887,000,000 | GM |
| FY2018 | −$110,856,000,000 | GM |
| FY2017 | −$114,615,000,000 | GM |
| FY2016 | −$118,623,000,000 | GM |
| FY2015 | −$103,944,000,000 | GM |
| FY2014 | −$125,077,000,000 | GM |
| FY2013 | −$124,497,000,000 | GM |
| FY2012 | −$121,264,000,000 | GM |
| FY2011 | −$117,599,000,000 | GM |
| FY2010 | −$103,126,000,000 | GM |
GM has reported the higher revenue in every one of these 16 fiscal years. The gap has widened since the earliest year compared.
16 of 19 comparable fiscal years — a year missing data on either side is not counted.
16 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +6.5 pp | GD |
| FY2024 | +4.7 pp | GD |
| FY2023 | +2.1 pp | GD |
| FY2022 | +2.4 pp | GD |
| FY2021 | +0.6 pp | GD |
| FY2020 | +3.2 pp | GD |
| FY2019 | +4.0 pp | GD |
| FY2018 | +3.8 pp | GD |
| FY2017 | +12.1 pp | GD |
| FY2016 | +2.2 pp | GD |
| FY2015 | +2.5 pp | GD |
| FY2014 | +5.6 pp | GD |
| FY2013 | +4.2 pp | GD |
| FY2012 | −5.1 pp | GM |
| FY2011 | +1.6 pp | GD |
| FY2010 | +3.3 pp | GD |
The higher net margin has changed hands between GD and GM over this period.
16 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
GM's net margin has been more volatile than GD's over the 16 comparable fiscal years — 2.5 percentage points of standard deviation against 2.4.
16 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between GD and GM over these 16 fiscal years — GD led in 15 and GM in 1.
16 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
GM's return on equity has been more volatile than GD's over the 16 comparable fiscal years — 8.5 percentage points of standard deviation against 6.9.
16 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between GD and GM over these 16 fiscal years — GD led in 13 and GM in 3.
16 of 19 comparable fiscal years — a year missing data on either side is not counted.