NYSE$GD
General Dynamics Corp · Q4 2024 earnings
Q4 2024 earnings · · Before market open · Investor relations
Briefing
Reported fourth-quarter and full-year financial results, demonstrating growth in revenue and earnings across all segments.
General Dynamics reported a strong fourth quarter and full year in 2024. Q4 net earnings were $1.1 billion, up 14.2% year-over-year, with revenue of $13.3 billion, up 14.3%. Full-year net earnings reached $3.8 billion, a 14.1% increase from 2023, on revenue of $47.7 billion, up 12.9%. The company ended the year with a backlog of $90.6 billion.
- Fourth-quarter net earnings were $1.1 billion, with diluted EPS of $4.15, on revenue of $13.3 billion.
- Full-year net earnings reached $3.8 billion, with diluted EPS of $13.63, on revenue of $47.7 billion.
- Net cash provided by operating activities in the quarter totaled $2.2 billion, representing 188% of net earnings.
- The company concluded the year with a backlog of $90.6 billion.
Headline financials
Revenue & EPS history
General Dynamics · Revenue · Quarterly
$13.3B
Revenue by segment
General Dynamics · $10.6B total across 4 segments · Q3 2023
- Technologies$3.31B—31.3%
- Marine Systems$3B—28.4%
- Combat Systems$2.22B—21.0%
- Aerospace$2.03B—19.2%
Forward guidance
General Dynamics intends to supplement those charts on its website after its earnings call today to include information about 2025 guidance presented during the call.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
+0.1%
Avg return
Earnings day
-0.4%
Avg return
5 days after
+1.1%
Avg return
30 days after
59%
43 / 73 earnings
Positive
+9.6%
Q1 2013
Best reaction
-9.1%
Q3 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.9% | +11.3% | +10.6% | |
| Q4 2025 | -1.7% | -5.5% | -2.6% | |
| Q3 2025 | +2.7% | +0.6% | -0.3% | |
| Q2 2025 | +1.1% | -0.1% | +3.9% | |
| Q1 2025 | -3.3% | -1.0% | -0.0% | |
| Q4 2024 | -4.2% | -2.3% | -3.8% | |
| Q3 2024 | -1.5% | -0.7% | -7.9% | |
| Q2 2024 | -1.2% | -1.7% | -1.0% | |
| Q1 2024 | -2.7% | -1.7% | +2.4% | |
| Q4 2023 | +6.6% | +6.2% | +9.8% | |
| Q3 2023 | +3.2% | +2.6% | +6.4% | |
| Q2 2023 | +0.8% | +2.6% | +2.6% | |
| Q1 2023 | -3.2% | -2.1% | -7.9% | |
| Q4 2022 | -3.1% | -3.1% | -1.5% | |
| Q3 2022 | +0.9% | +1.6% | +3.3% | |
| Q2 2022 | +2.8% | +3.9% | +6.9% | |
| Q1 2022 | +1.8% | -1.6% | -4.4% | |
| Q4 2021 | +1.4% | +3.0% | +10.7% | |
| Q3 2021 | -1.0% | -1.3% | -5.5% | |
| Q2 2021 | +2.1% | +0.9% | +2.9% | |
| Q1 2021 | +2.6% | +3.1% | +2.2% | |
| Q4 2020 | +0.1% | -1.8% | +8.7% | |
| Q3 2020 | -2.6% | +0.9% | +12.7% | |
| Q2 2020 | +0.2% | -0.6% | +2.5% | |
| Q1 2020 | -4.3% | -8.6% | +7.6% | |
| Q4 2019 | -1.3% | -3.8% | -13.0% | |
| Q3 2019 | -2.9% | -2.8% | +1.7% | |
| Q2 2019 | +0.9% | +2.1% | -1.3% | |
| Q1 2019 | -3.0% | -1.7% | -10.1% | |
| Q4 2018 | -2.7% | -0.8% | -3.8% | |
| Q3 2018 | -9.1% | -11.0% | -5.1% | |
| Q2 2018 | +1.9% | -0.2% | -2.1% | |
| Q1 2018 | -4.6% | -9.3% | -6.3% | |
| Q4 2017 | +9.2% | +8.7% | +6.5% | |
| Q3 2017 | -3.9% | -2.8% | -5.7% | |
| Q2 2017 | -4.8% | -3.6% | -2.2% | |
| Q1 2017 | +0.9% | -0.0% | +4.7% | |
| Q4 2016 | +2.9% | +2.1% | +7.0% | |
| Q3 2016 | -1.6% | -1.2% | +12.8% | |
| Q2 2016 | +1.8% | +3.2% | +4.9% | |
| Q1 2016 | +1.8% | — | — | |
| Q4 2015 | +1.0% | — | — | |
| Q3 2015 | +1.1% | — | — | |
| Q2 2015 | +4.2% | — | — | |
| Q1 2015 | +2.9% | — | — | |
| Q4 2014 | -2.0% | — | — | |
| Q3 2014 | +5.2% | — | — | |
| Q2 2014 | +2.5% | — | — | |
| Q1 2014 | +2.2% | — | — | |
| Q4 2013 | +6.6% | — | — | |
| Q3 2013 | -1.2% | — | — | |
| Q2 2013 | +2.1% | — | — | |
| Q1 2013 | +9.6% | — | — | |
| Q4 2012 | -0.1% | — | — | |
| Q3 2012 | +2.1% | — | — | |
| Q2 2012 | -0.8% | — | — | |
| Q1 2012 | +1.1% | — | — | |
| Q4 2011 | +1.0% | — | — | |
| Q3 2011 | -3.5% | — | — | |
| Q2 2011 | -4.4% | — | — | |
| Q1 2011 | -5.2% | — | — | |
| Q4 2010 | -1.4% | — | — | |
| Q3 2010 | +0.1% | — | — | |
| Q2 2010 | +0.7% | — | — | |
| Q1 2009 | -3.3% | — | — | |
| Q1 2010 | +0.4% | — | — | |
| Q4 2007 | +1.1% | — | — | |
| Q4 2009 | +1.1% | — | — | |
| Q3 2008 | +1.3% | — | — | |
| Q3 2009 | +1.3% | — | — | |
| Q2 2009 | +0.5% | — | — | |
| Q2 2008 | +0.5% | — | — | |
| Q4 2008 | +0.5% | — | — |
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