GDGeneral Dynamics

$382.05

Is it safe?

Can GD take a bad year?

General Dynamics carries $4.15B of net debt at 0.66× EBITDA: a load its earnings can carry.

$4.15B

Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
0.66×

Net debt / EBITDA · 1.41× a year ago · the load is coming down

Altman Z-score
4.23

Altman Z-score · safe zone, above 3

Debt / equity
0.31×

Debt / equity

Details
Total debtQ1 2026
$8.01B
Cash and short-term investments
$3.86B
Net debt
$4.15B
EBITDA, trailing twelve months
$6.32B
Operating profit, trailing twelve months
$5.51B
Debt / equity
0.31×
Total debt / EBITDA
1.27×
Annualised volatilitytwo years of daily moves
23%
Worst drawdown on file
−52%
Below its 52-week high
−3.5%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.