General Dynamics Reports Fourth-Quarter and Full-Year 2025 Financial Results
General Dynamics (NYSE: GD) has reported its financial results for the fourth quarter and the full year of 2025, highlighting strong performance across its segments.
In the fourth quarter, the company achieved net earnings of $1.1 billion on revenues of $14.4 billion, translating to a diluted earnings per share (EPS) of $4.17. For the entire year, net earnings rose to $4.2 billion, reflecting an 11.3% increase from 2024, with total revenues reaching $52.6 billion, a 10.1% rise from the previous year. The diluted EPS for 2025 was reported at $15.45, marking a 13.4% increase compared to 2024.
General Dynamics also reported $1.6 billion in cash provided by operating activities during the fourth quarter, which amounted to 137% of net earnings. The year saw capital expenditures of $1.2 billion, representing a 27% increase from 2024.
The company’s book-to-bill ratio stood at 1.6x for the quarter and 1.5x for the full year, contributing to a robust backlog that ended the year at $118 billion. Phebe N. Novakovic, chairman of General Dynamics, commented, “We had a solid fourth quarter, capping off a year that saw growth in revenue and earnings in all four segments coupled with an impressive 30% growth in company-wide backlog.”
Source: General Dynamics (2026-01-28 12:00:00)
