General Dynamics Corporation (GD) — Free Cash Flow Generation Index

Latest as of March 2026: 0.91x

General Dynamics Corporation (GD) has a Free Cash Flow Generation Index of 0.91x as of March 2026. Free cash flow of $1.95 Billion represents 1% of operating cash flow ($2.15 Billion). Read GD liabilities breakdown for a breakdown of total debt and financial obligations.

FCF Generation Index

0.91x
Free Cash Flow / Operating CF

Free Cash Flow

$1.95 Billion
USD

Operating Cash Flow

$2.15 Billion
USD

Capital Expenditures

$203.00 Million
USD

General Dynamics Corporation Free Cash Flow Generation Index (1989–2025)

Historical FCF Generation Index trend for General Dynamics Corporation across 36 annual periods. Explore capital reinvestment ratio of General Dynamics Corporation to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for General Dynamics Corporation (1989–2025)

Year-by-year Free Cash Flow Generation Index for General Dynamics Corporation. For the full company profile including market capitalisation, see General Dynamics Corporation market cap and net worth.

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
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).