General Dynamics Corporation (GD) - Total Assets
Based on the latest financial reports, General Dynamics Corporation (GD) holds total assets worth $59.03 Billion USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check General Dynamics Corporation investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
General Dynamics Corporation - Total Assets Trend (1985–2025)
This chart illustrates how General Dynamics Corporation's total assets have evolved over time, based on quarterly financial data. Check GD operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
General Dynamics Corporation - Asset Composition Analysis
Current Asset Composition (December 2025)
General Dynamics Corporation's total assets of $59.03 Billion consist of 42.4% current assets and 57.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $2.33 Billion | 4.1% |
| Accounts Receivable | $10.79 Billion | 18.8% |
| Inventory | $9.23 Billion | 16.1% |
| Property, Plant & Equipment | $7.53 Billion | 13.1% |
| Intangible Assets | $1.38 Billion | 2.4% |
| Goodwill | $21.01 Billion | 36.7% |
Asset Composition Trend (1985–2025)
This chart illustrates how General Dynamics Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see GD stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: General Dynamics Corporation's current assets represent 42.4% of total assets in 2025, a decrease from 49.0% in 1985.
- Cash Position: Cash and equivalents constituted 4.1% of total assets in 2025, up from 0.3% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 38.0% of total assets, an increase from 5.0% in 1985.
- Asset Diversification: The largest asset category is goodwill at 36.7% of total assets.
General Dynamics Corporation Competitors by Total Assets
Key competitors of General Dynamics Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Spacesat Co Ltd
SHG:600118
|
China | CN¥13.29 Billion |
|
LIG Nex1 Co Ltd
KO:079550
|
Korea | ₩7.36 Trillion |
|
China CSSC Holdings Ltd
SHG:600150
|
China | CN¥418.46 Billion |
|
Inner Mongolia First Machinery Group Co Ltd
SHG:600967
|
China | CN¥22.51 Billion |
|
Hwa Create Corp Ltd
SHE:300045
|
China | CN¥2.35 Billion |
|
Jiangsu Maixinlin Aviation Science & Technology Corp. A
SHG:688685
|
China | CN¥3.03 Billion |
|
Droneshield Ltd
AU:DRO
|
Australia | AU$353.48 Million |
|
Electro Optic Systems Holdings Ltd
AU:EOS
|
Australia | AU$374.74 Million |
General Dynamics Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.38 | 1.34 | 1.44 |
| Quick Ratio | 0.90 | 0.82 | 1.05 |
| Cash Ratio | 0.00 | 0.07 | 0.20 |
| Working Capital | $7.23 Billion | $6.36 Billion | $6.60 Billion |
General Dynamics Corporation - Advanced Valuation Insights
This section examines the relationship between General Dynamics Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.72 |
| Latest Market Cap to Assets Ratio | 1.65 |
| Asset Growth Rate (YoY) | 2.4% |
| Total Assets | $57.25 Billion |
| Market Capitalization | $94.65 Billion USD |
Valuation Analysis
Above Book Valuation: The market values General Dynamics Corporation's assets above their book value (1.65x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: General Dynamics Corporation's assets grew by 2.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for General Dynamics Corporation (1985–2025)
The table below shows the annual total assets of General Dynamics Corporation from 1985 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $57.25 Billion | +2.45% |
| 2024-12-31 | $55.88 Billion | +1.95% |
| 2023-12-31 | $54.81 Billion | +6.25% |
| 2022-12-31 | $51.59 Billion | +3.02% |
| 2021-12-31 | $50.07 Billion | -2.41% |
| 2020-12-31 | $51.31 Billion | +5.05% |
| 2019-12-31 | $48.84 Billion | +7.56% |
| 2018-12-31 | $45.41 Billion | +29.76% |
| 2017-12-31 | $34.99 Billion | +6.46% |
| 2016-12-31 | $32.87 Billion | +2.73% |
| 2015-12-31 | $32.00 Billion | -9.50% |
| 2014-12-31 | $35.35 Billion | -0.26% |
| 2013-12-31 | $35.45 Billion | +3.32% |
| 2012-12-31 | $34.31 Billion | -1.65% |
| 2011-12-31 | $34.88 Billion | +7.18% |
| 2010-12-31 | $32.55 Billion | +4.72% |
| 2009-12-31 | $31.08 Billion | +9.53% |
| 2008-12-31 | $28.37 Billion | +10.26% |
| 2007-12-31 | $25.73 Billion | +15.00% |
| 2006-12-31 | $22.38 Billion | +14.22% |
| 2005-12-31 | $19.59 Billion | +11.67% |
| 2004-12-31 | $17.54 Billion | +8.41% |
| 2003-12-31 | $16.18 Billion | +37.95% |
| 2002-12-31 | $11.73 Billion | +5.98% |
| 2001-12-31 | $11.07 Billion | +38.59% |
| 2000-12-31 | $7.99 Billion | +2.74% |
| 1999-12-31 | $7.77 Billion | +70.03% |
| 1998-12-31 | $4.57 Billion | +11.76% |
| 1997-12-31 | $4.09 Billion | +24.01% |
| 1996-12-31 | $3.30 Billion | +4.27% |
| 1995-12-31 | $3.16 Billion | +18.37% |
| 1994-12-31 | $2.67 Billion | +1.44% |
| 1993-12-31 | $2.63 Billion | -37.59% |
| 1992-12-31 | $4.22 Billion | -31.98% |
| 1991-12-31 | $6.21 Billion | -5.57% |
| 1990-12-31 | $6.57 Billion | +0.37% |
| 1989-12-31 | $6.55 Billion | +7.04% |
| 1988-12-31 | $6.12 Billion | +21.59% |
| 1987-12-31 | $5.03 Billion | +10.53% |
| 1986-12-31 | $4.55 Billion | +2.35% |
| 1985-12-31 | $4.45 Billion | -- |
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 … Read more