General Dynamics Corporation Working Capital to Net Assets Ratio
General Dynamics Corporation working capital to net assets ratio. General Dynamics Corporation (GD) has a Working Capital to Net Assets ratio of 30.8% as of June 2026. Working capital of $8.27 Billion (current assets of $27.04 Billion minus current liabilities of $18.77 Billion) is measured against net assets of $26.83 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check General Dynamics Corporation tangible book value ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of General Dynamics Corporation (1985–2025)
Working capital to net assets ratio of General Dynamics Corporation from 1985 to 2025. This chart shows how General Dynamics Corporation's Working Capital to Net Assets ratio has evolved across 41 annual periods from 1985 to 2025. As of June 2026, the ratio stands at 30.8%, reflecting working capital of $8.27 Billion against net assets of $26.83 Billion USD. See GD cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
General Dynamics Corporation Working Capital to Net Assets Ratio by Year (1985–2025)
General Dynamics Corporation working capital to net assets ratio by year from 1985 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for General Dynamics Corporation from 1985 to 2025, covering 41 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see General Dynamics Corporation assets under control.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 29.1% | $7.45 Billion | $25.62 Billion | $24.25 Billion | $16.80 Billion | ▼ -0.7 pp |
| 2024 | 29.7% | $6.56 Billion | $22.06 Billion | $24.39 Billion | $17.82 Billion | ▼ -4.0 pp |
| 2023 | 33.7% | $7.18 Billion | $21.30 Billion | $23.61 Billion | $16.43 Billion | ▲ +2.9 pp |
| 2022 | 30.8% | $5.72 Billion | $18.57 Billion | $21.06 Billion | $15.34 Billion | ▼ -3.2 pp |
| 2021 | 34.1% | $6.01 Billion | $17.64 Billion | $19.99 Billion | $13.98 Billion | ▼ -1.6 pp |
| 2020 | 35.6% | $5.58 Billion | $15.66 Billion | $21.54 Billion | $15.96 Billion | ▲ +9.9 pp |
| 2019 | 25.7% | $3.49 Billion | $13.58 Billion | $20.29 Billion | $16.80 Billion | ▼ -3.7 pp |
| 2018 | 29.4% | $3.45 Billion | $11.73 Billion | $18.19 Billion | $14.74 Billion | ▼ -16.3 pp |
| 2017 | 45.7% | $5.23 Billion | $11.44 Billion | $18.28 Billion | $13.05 Billion | ▲ +22.0 pp |
| 2016 | 23.7% | $2.60 Billion | $10.98 Billion | $15.45 Billion | $12.85 Billion | ▲ +3.9 pp |
| 2015 | 19.8% | $2.13 Billion | $10.74 Billion | $14.57 Billion | $12.45 Billion | ▼ -11.1 pp |
| 2014 | 30.9% | $3.66 Billion | $11.83 Billion | $17.41 Billion | $13.75 Billion | ▼ -8.3 pp |
| 2013 | 39.3% | $5.69 Billion | $14.50 Billion | $17.89 Billion | $12.19 Billion | ▲ +3.0 pp |
| 2012 | 36.2% | $4.12 Billion | $11.39 Billion | $15.74 Billion | $11.62 Billion | ▲ +4.3 pp |
| 2011 | 31.9% | $4.22 Billion | $13.23 Billion | $15.37 Billion | $11.14 Billion | ▲ +9.3 pp |
| 2010 | 22.6% | $3.01 Billion | $13.32 Billion | $14.19 Billion | $11.18 Billion | ▼ -0.6 pp |
| 2009 | 23.2% | $2.88 Billion | $12.42 Billion | $13.25 Billion | $10.37 Billion | ▲ +7.4 pp |
| 2008 | 15.8% | $1.59 Billion | $10.05 Billion | $11.95 Billion | $10.36 Billion | ▼ -10.8 pp |
| 2007 | 26.6% | $3.13 Billion | $11.77 Billion | $12.30 Billion | $9.16 Billion | ▲ +5.7 pp |
| 2006 | 20.9% | $2.06 Billion | $9.83 Billion | $9.88 Billion | $7.82 Billion | ▼ -6.9 pp |
| 2005 | 27.8% | $2.27 Billion | $8.14 Billion | $9.17 Billion | $6.91 Billion | ▲ +1.2 pp |
| 2004 | 26.6% | $1.91 Billion | $7.19 Billion | $7.29 Billion | $5.37 Billion | ▲ +13.5 pp |
| 2003 | 13.1% | $778.00 Million | $5.92 Billion | $6.39 Billion | $5.62 Billion | ▲ +3.2 pp |
| 2002 | 9.9% | $516.00 Million | $5.20 Billion | $5.10 Billion | $4.58 Billion | ▲ +3.0 pp |
| 2001 | 6.9% | $314.00 Million | $4.53 Billion | $4.89 Billion | $4.58 Billion | ▼ -10.1 pp |
| 2000 | 17.0% | $650.00 Million | $3.82 Billion | $3.55 Billion | $2.90 Billion | ▲ +15.8 pp |
| 1999 | 1.2% | $38.00 Million | $3.17 Billion | $3.49 Billion | $3.45 Billion | ▼ -17.4 pp |
| 1998 | 18.6% | $412.00 Million | $2.22 Billion | $1.87 Billion | $1.46 Billion | ▼ -2.2 pp |
| 1997 | 20.8% | $398.00 Million | $1.92 Billion | $1.69 Billion | $1.29 Billion | ▼ -39.0 pp |
| 1996 | 59.8% | $1.02 Billion | $1.71 Billion | $1.86 Billion | $833.00 Million | ▼ -13.8 pp |
| 1995 | 73.6% | $1.15 Billion | $1.57 Billion | $2.01 Billion | $859.00 Million | ▼ -15.3 pp |
| 1994 | 89.0% | $1.17 Billion | $1.32 Billion | $1.80 Billion | $626.00 Million | ▲ +14.3 pp |
| 1993 | 74.7% | $879.00 Million | $1.18 Billion | $1.65 Billion | $775.00 Million | ▼ -16.4 pp |
| 1992 | 91.1% | $1.71 Billion | $1.87 Billion | $3.65 Billion | $1.95 Billion | ▲ +30.0 pp |
| 1991 | 61.1% | $1.21 Billion | $1.98 Billion | $4.32 Billion | $3.11 Billion | ▼ -5.7 pp |
| 1990 | 66.8% | $1.01 Billion | $1.51 Billion | $3.93 Billion | $2.92 Billion | ▼ -23.1 pp |
| 1989 | 90.0% | $1.91 Billion | $2.13 Billion | $3.99 Billion | $2.08 Billion | ▲ +7.2 pp |
| 1988 | 82.7% | $1.59 Billion | $1.92 Billion | $3.64 Billion | $2.05 Billion | ▲ +24.8 pp |
| 1987 | 57.9% | $927.60 Million | $1.60 Billion | $3.03 Billion | $2.11 Billion | ▲ +25.7 pp |
| 1986 | 32.2% | $407.30 Million | $1.26 Billion | $2.65 Billion | $2.24 Billion | ▲ +9.0 pp |
| 1985 | 23.2% | $310.40 Million | $1.34 Billion | $2.18 Billion | $1.87 Billion | — |