General Dynamics Corporation (GD) — Free Cash Flow Generation Index
General Dynamics Corporation (GD) has a Free Cash Flow Generation Index of 0.88x as of June 2026. Free cash flow of $1.65 Billion represents 1% of operating cash flow ($1.88 Billion). Explore reinvestment intensity of General Dynamics Corporation to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
General Dynamics Corporation Free Cash Flow Generation Index (1989–2025)
Historical FCF Generation Index trend for General Dynamics Corporation across 36 annual periods. For the full cash flow conversion analysis, see General Dynamics Corporation (GD) cash conversion ratio.
Annual Free Cash Flow Generation for General Dynamics Corporation (1989–2025)
Year-by-year Free Cash Flow Generation Index for General Dynamics Corporation. Check GD capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.77x | $3.96 Billion | $5.12 Billion | $1.16 Billion | ▼ -0.5% |
| 2024 | 0.78x | $3.20 Billion | $4.11 Billion | $916.00 Million | ▼ -3.8% |
| 2023 | 0.81x | $3.81 Billion | $4.71 Billion | $904.00 Million | ▲ +6.8% |
| 2022 | 0.76x | $3.46 Billion | $4.58 Billion | $1.11 Billion | ▼ -4.5% |
| 2021 | 0.79x | $3.38 Billion | $4.27 Billion | $887.00 Million | ▲ +5.7% |
| 2020 | 0.75x | $2.89 Billion | $3.86 Billion | $967.00 Million | ▲ +12.0% |
| 2019 | 0.67x | $1.99 Billion | $2.98 Billion | $987.00 Million | ▼ -14.3% |
| 2018 | 0.78x | $2.46 Billion | $3.15 Billion | $690.00 Million | ▼ -12.2% |
| 2017 | 0.89x | $3.45 Billion | $3.88 Billion | $428.00 Million | ▲ +8.3% |
| 2016 | 0.82x | $1.81 Billion | $2.20 Billion | $392.00 Million | ▲ +6.4% |
| 2015 | 0.77x | $1.93 Billion | $2.50 Billion | $569.00 Million | ▼ -10.2% |
| 2014 | 0.86x | $3.21 Billion | $3.73 Billion | $521.00 Million | ▲ +0.2% |
| 2013 | 0.86x | $2.67 Billion | $3.11 Billion | $440.00 Million | ▲ +3.1% |
| 2012 | 0.83x | $2.24 Billion | $2.69 Billion | $450.00 Million | ▼ -3.0% |
| 2011 | 0.86x | $2.78 Billion | $3.24 Billion | $458.00 Million | ▼ -2.0% |
| 2010 | 0.88x | $2.62 Billion | $2.99 Billion | $370.00 Million | ▲ +1.3% |
| 2009 | 0.86x | $2.46 Billion | $2.84 Billion | $385.00 Million | ▲ +2.6% |
| 2008 | 0.84x | $2.62 Billion | $3.11 Billion | $490.00 Million | ▲ +0.5% |
| 2007 | 0.84x | $2.45 Billion | $2.92 Billion | $474.00 Million | ▼ -0.6% |
| 2006 | 0.84x | $1.79 Billion | $2.13 Billion | $334.00 Million | ▼ -2.5% |
| 2005 | 0.86x | $1.78 Billion | $2.06 Billion | $279.00 Million | ▲ +1.4% |
| 2004 | 0.85x | $1.54 Billion | $1.80 Billion | $266.00 Million | ▼ -2.0% |
| 2003 | 0.87x | $1.50 Billion | $1.72 Billion | $224.00 Million | ▲ +13.7% |
| 2002 | 0.77x | $861.00 Million | $1.12 Billion | $264.00 Million | ▲ +13.0% |
| 2001 | 0.68x | $747.00 Million | $1.10 Billion | $356.00 Million | ▼ -7.4% |
| 2000 | 0.73x | $783.00 Million | $1.07 Billion | $288.00 Million | ▲ +374.1% |
| 1999 | -0.27x | $-271.00 Million | $1.02 Billion | $1.29 Billion | ▼ -124.3% |
| 1998 | -0.12x | $-44.00 Million | $370.00 Million | $414.00 Million | ▲ +91.2% |
| 1997 | -1.36x | $-756.00 Million | $557.00 Million | $1.31 Billion | ▼ -246.3% |
| 1996 | 0.93x | $961.00 Million | $1.04 Billion | $75.00 Million | ▲ +7.8% |
| 1995 | 0.86x | $198.00 Million | $230.00 Million | $32.00 Million | ▲ +3.2% |
| 1994 | 0.83x | $116.00 Million | $139.00 Million | $23.00 Million | ▼ -13.4% |
| 1992 | 0.96x | $472.00 Million | $490.00 Million | $18.00 Million | ▲ +9.7% |
| 1991 | 0.88x | $591.00 Million | $673.00 Million | $82.00 Million | ▲ +85.7% |
| 1990 | 0.47x | $288.00 Million | $609.00 Million | $321.00 Million | ▲ +140.8% |
| 1989 | -1.16x | $-224.90 Million | $193.90 Million | $418.80 Million | — |