General Dynamics Corporation (GD)

DCF Valuation · Industrials · Aerospace & Defense

Valuation as at 2026-08-14 · see also the S&P 500 Most Undervalued screen

About General Dynamics Corporation

General Dynamics Corporation operates as an aerospace and defense company worldwide. It operates through four segments: Aerospace, Marine Systems, Combat Systems, and Technologies. The Aerospace segment produces and sells business jets; and offers aircraft maintenance and repair, management, aircraft-on-ground support, customer support and custom completion services, modifications, upgrades, and lifecycle sustainment support services.

Source: Yahoo Finance company profile · factual description, not KashVector commentary

General Dynamics Corporation GD

Industrials · Aerospace & Defense

Price
$392.96
Market Cap
$106.32B
Free Cash Flow
$4.40B
Beta
0.33
P/E (TTM)
24.0x
52-Week Range
$306.77–$400.00

General Dynamics Corporation's price & financial trends

Each card is labelled with its own reporting period — quarterly where Yahoo provides it for this market, annual otherwise.

Data as at 2026-08-14

Share price · last 2 years

$392.96 +31% vs 2024-08
S&P 500 $299.36$256.98$291.66$341.63$344.30$392.96 2024-082025-012025-062025-112026-042026-08

Earnings per share (diluted) Per quarter

$4.24 +13% vs Q2 '25
$3.74$3.88$4.17$4.10$4.24Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26

Free cash flow Per quarter

$1.65B +18% vs Q2 '25
$1.40B$1.90B$0.95B$1.95B$1.65BQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26

Dividend per share Per quarter

$1.57 +6% vs Q2 '25
$1.48$1.48$1.48$1.48$1.57Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26

Value investing scale · Buffett · Dalio · Graham

Strong Fit
15 / 20 combined score

See the full Buffett, Dalio & Graham breakdown for GD →

Intrinsic value estimate · 5-year forecast

BEAR
$374.80
vs current $392.96
-4.6% ⚠️ Fairly Valued
BASE
$612.21
vs current $392.96
+55.8% ✅ Undervalued
BULL
$1,066.29
vs current $392.96
+171.3% ✅ Undervalued

Assumptions used in this valuation

Every input below is either fetched live from Yahoo Finance or a documented default — nothing is hidden.

Starting free cash flow
$4.40B
Reported free cash flow (Yahoo)
Risk-free rate
4.68% ● LIVE
Live 10-yr govt bond
Beta
0.33
Direct from Yahoo
Equity risk premium
5.50%
Market-specific seed
Cost of debt
5.28%
Synthetic rating AAA, ICR 13.3x
Tax rate
25.00%
Estimated default
Capital structure
E 92% / D 8%
Market cap vs total debt
Projection horizon
5 years
+ terminal value beyond
BearBaseBull
5-yr FCF growth5.4%10.8%16.2%
Terminal growth2.5%2.5%2.5%
WACC (discount rate)7.28%6.28%5.28%

Cost of Equity = Risk-free rate + Beta × Equity Risk Premium = 4.68% + 0.33 × 5.50% = 6.49% · WACC = weighted by 92%/8% capital structure

These numbers come from running General Dynamics Corporation's cash flows through the mechanical DCF formula and assumptions above — not from any view on the news, management, or GD's competitive position. What is DCF?

Want to test your own growth or discount-rate assumptions?Open the full interactive calculator, pre-filled with GD →

More S&P 500 stocks we've valued

Not financial advice. DCF valuations are highly sensitive to assumptions — small changes in growth rate or discount rate produce large swings in output. This is a mechanical calculation, not a recommendation to buy, hold, or sell.

About this valuation

Computed on 2026-08-14 from Yahoo Finance data, using the same engine as the full DCF tool and the S&P 500 Most Undervalued screen. Every figure above is a point-in-time snapshot of that date — change any assumption yourself in the interactive tool for a live one.

Frequently asked questions

Is General Dynamics Corporation (GD) undervalued?

The Base-case DCF estimates intrinsic value at $612.21 vs a price of $392.96 on 2026-08-14 — a +55.8% margin, so the Base case reads undervalued. This is a mechanical output, not advice.