General Dynamics Balance Sheet
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At close: Oct 9, 4:00 PM ET · Delayed 15 min
General Dynamics financial position
At the end of fiscal 2025, General Dynamics reported total assets of $57.25 billion, up 2.4% from a year earlier against total liabilities of $31.63 billion. Shareholders' equity stood at $25.62 billion, or 44.8% of assets. The company held $2.33 billion in cash and equivalents against $8.01 billion of debt, a net debt position of $5.68 billion.
The current ratio (current assets divided by current liabilities) was 1.44, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.31.
Summary generated from market data by MetaCap's automated system. Methodology
General Dynamics balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.33B | 1.70B | 1.91B | 1.24B | 1.60B | 2.82B | 902.00M | 963.00M | 2.98B | 2.33B |
| Receivables | 2.41B | 2.98B | 3.00B | 3.01B | 3.04B | 3.16B | 3.54B | 3.76B | 3.62B | 3.40B |
| Inventory | 9.23B | 9.72B | 8.58B | 6.32B | 5.34B | 5.75B | 6.31B | 5.98B | 5.30B | 5.12B |
| Total Current Assets | 24.25B | 24.39B | 23.61B | 21.06B | 19.99B | 21.54B | 20.29B | 18.19B | 18.33B | 16.53B |
| Property, Plant & Equipment | 7.53B | 6.47B | 6.20B | 5.90B | 5.42B | 5.10B | 4.47B | 3.98B | 3.52B | 3.48B |
| Goodwill | 21.01B | 20.56B | 20.59B | 20.33B | 20.10B | 20.05B | 19.68B | 19.59B | 11.91B | 11.45B |
| Intangible Assets | 1.38B | 1.52B | 1.66B | 1.82B | 1.98B | 2.12B | 2.31B | 2.58B | 702.00M | 678.00M |
| Total Assets | 57.25B | 55.88B | 54.81B | 51.59B | 50.07B | 51.31B | 49.35B | 45.89B | 35.05B | 33.17B |
| Accounts Payable | 2.68B | 3.34B | 3.10B | 3.40B | 3.17B | 2.95B | 3.16B | 3.18B | 3.21B | 2.54B |
| Short-Term Debt | 1.01B | 1.50B | 507.00M | 1.25B | 1.00B | 3.00B | 2.92B | 973.00M | 2.00M | 900.00M |
| Total Current Liabilities | 16.80B | 17.82B | 16.43B | 15.34B | 13.98B | 15.96B | 16.80B | 14.74B | 13.10B | 13.45B |
| Long-Term Debt | 7.01B | 7.26B | 8.75B | 9.24B | 10.49B | 9.99B | 9.01B | 11.44B | 3.98B | 2.99B |
| Total Liabilities | 31.63B | 33.82B | 33.51B | 33.02B | 32.43B | 35.65B | 35.37B | 33.30B | 23.25B | 22.87B |
| Shareholders' Equity | 25.62B | 22.06B | 21.30B | 18.57B | 17.64B | 15.66B | 13.98B | 12.11B | 11.80B | 10.30B |
| Retained Earnings | 44.08B | 41.49B | 39.27B | 37.40B | 35.42B | 33.50B | 31.63B | 29.33B | 26.44B | 24.54B |
| Total Debt | 8.01B | 8.76B | 9.26B | 10.50B | 11.49B | 13.00B | 11.93B | 12.42B | 3.98B | 3.89B |
| Net Cash (Debt) | -5.68B | -7.07B | -7.35B | -9.25B | -9.89B | -10.17B | -11.03B | -11.45B | -999.00M | -1.55B |
| Shares Outstanding | 270.39M | 270.34M | 273.60M | 274.41M | 277.62M | 286.48M | 289.61M | 288.70M | 296.90M | 302.42M |
This table shows 10 annual periods of General Dynamics's balance sheet, from FY 2025 back to FY 2016, across 18 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow GD's reporting calendar. What is a balance sheet?