General Dynamics
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. General Dynamics's past years’ income statements indicate that its last revenue has increased compared to the previous period by 7% to $42,272,000,000. Profit margin reached 8%. Total operating expenses were $2,427,000,000.
Profit Margin
| 2014 | 30.85B | 2.53B | 8.21% |
|---|---|---|---|
| 2015 | 31.46B | 2.96B | 9.42% |
| 2016 | 31.35B | 2.95B | 9.42% |
| 2017 | 30.97B | 2.91B | 9.4% |
| 2018 | 36.19B | 3.34B | 9.24% |
| 2019 | 39.35B | 3.48B | 8.85% |
| 2020 | 37.92B | 3.16B | 8.35% |
| 2021 | 38.46B | 3.25B | 8.47% |
| 2022 | 39.40B | 3.39B | 8.6% |
| 2023 | 42.27B | 3.31B | 7.84% |
GD Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 42.27B | 39.40B | 38.46B | 37.92B | 39.35B | 36.19B | 30.97B | 31.35B | 31.46B | 30.85B |
Cost of revenue | 35.6B | 32.78B | 32.06B | 31.6B | 32.29B | 29.47B | 24.78B | 25.10B | 25.33B | 24.97B |
Gross profit | 6.67B | 6.62B | 6.40B | 6.32B | 7.05B | 6.71B | 6.18B | 6.24B | 6.13B | 5.87B |
Operating exp. | ||||||||||
Research and development | 510M | 480M | 415M | 374M | 466M | 502M | 521M | 418M | 395M | 358M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 2.42B | 35.19B | 34.30B | 33.79B | 34.70B | 31.73B | 26.79B | 27.04B | 27.29B | 26.96B |
Operating income | 4.24B | 4.21B | 4.16B | 4.13B | 4.64B | 4.45B | 4.17B | 4.30B | 4.17B | 3.88B |
Other income (expenses), net | -261M | -175M | -290M | -395M | -446M | -16M | -100M | 13M | -193M | -87M |
Income before tax | 3.98B | 4.03B | 3.87B | 3.73B | 4.20B | 4.08B | 4.07B | 4.23B | 4.10B | 3.80B |
Income tax expense | 669M | 646M | 616M | 571M | 718M | 727M | 1.16B | 1.16B | 1.13B | 1.12B |
Net income | 3.31B | 3.39B | 3.25B | 3.16B | 3.48B | 3.34B | 2.91B | 2.95B | 2.96B | 2.53B |
Earnings per share | ||||||||||
Basic EPS | 12.14 | 12.31 | 11.61 | 11.04 | 12.09 | 11.33 | 9.73 | 9.7 | 9.23 | 7.56 |
Diluted EPS | 12.02 | 12.19 | 11.55 | 11 | 11.98 | 11.18 | 9.56 | 9.52 | 9.08 | 7.42 |
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