Return on Tangible Equity (Quarterly)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

General Dynamics Corporation (GD) had Return on Tangible Equity of 35.30% for the most recently reported fiscal quarter, ending 2025-12-31.

Quarterly Annual

Figures for fiscal quarter ending 2025-12-31

Income Statement Financials
Revenue	$14.38B
Net Income	$1.14B
Cost of Goods Sold	$12.24B
Gross Profit	$2.14B
Operating Expenses	$12.93B
Operating Income	$1.45B
Non-Operating Income/Expense	$-53.00M
Pre-Tax Income	$1.40B
Normalized Pre-Tax Income	$1.40B
Income after Taxes	$1.14B
Income from Continuous Operations	$1.14B
Consolidated Net Income/Loss	$1.14B
Normalized Income after Taxes	$1.14B
EBIT	$1.45B
EBITDA	$1.70B
Weighted-Average Shares Outstanding (Basic)	269.08M
Weighted-Average Shares Outstanding (Diluted)	272.43M
Earnings per Share (EPS) (Basic)	$4.25
Earnings per Share (EPS) (Diluted)	$4.17
Balance Sheet Financials
Current Assets	$24.25B
Property, Plant, and Equipment	$7.53B
Long-Term Assets	$33.00B
Total Assets	$57.25B
Current Liabilities	$16.80B
Long-Term Debt	$7.01B
Long-Term Liabilities	$14.83B
Total Liabilities	$31.63B
Common Equity	$25.62B
Tangible Shareholders Equity	$3.24B
Shareholders Equity	$25.62B
Common Shares Outstanding	270.39M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$5.12B
Cash Flow from Investing Activities	$-1.28B
Cash Flow from Financial Activities	$-3.19B
Beginning Cash	$1.70B
End Cash	$2.33B
Increase/Decrease in Cash	$636.00M
Stock-Based Compensation	$196.00M
Common Stock Dividends Paid	$-1.59B
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.44
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.21
Debt to Equity Ratio	0.31
Gross Margin	14.89%
Operating Margin	10.10%
EBIT Margin	10.10%
EBITDA Margin	--
Pre-Tax Profit Margin	9.73%
Profit Margin	7.95%
Free Cash Flow	$3.96B
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.25
Inventory Turnover	1.33
Receiveable Turnover	1.33
Days Sales in Receivables	67.51
Return on Equity	4.46%
Return on Tangible Equity	35.30%
Return on Assets	2.00%
Return on Investments	3.50%
Book Value Per Share	$94.76
Free Cash Flow per Share	$14.53
Operating Cash Flow per Share	$18.79

Data from Zacks Investment Research, Inc.