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General Dynamics Corporation  (GD)
Other Ticker:  
 
    Sector  Capital Goods    Industry Ship & Boat Building


General Dynamics's ROA from the first quarter of 2024 to the first quarter of 2023 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is General Dynamics's ROA in the first quarter of 2024?
General Dynamics Corporation achieved a return on average assets (ROA) of 6.26 % in its first quarter of 2024, which is below General Dynamics's average return on assets, which stands at 7.72%.

Despite the company's net income deteriorating, General Dynamics was able to improve its ROA compared to the fourth quarter of 2023.

However, within the Capital Goods sector 98 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Mar 31 2024 quarter, so far to 768, from total ROA ranking in the fourth quarter of 2023 at 921.

What is ROA?


Return On Assets (Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Oct 01 2023)
III. Quarter
(Jul 02 2023)
II. Quarter
(Apr 02 2023)
I. Quarter
Y / Y Total Assets Change 6.05 % 5.21 % 4.71 % 4.11 % 2.4 %
Y / Y Net Income Change 9.45 % 1.31 % -7.32 % -2.87 % 0 %
Net Income (TTM) in million 3,384 3,315 3,302 3,368 3,390
Return On Assets (TTM) 6.26 % 6.23 % 6.28 % 6.48 % 6.59 %
GD's Total Ranking # 768 # 921 # 977 # 1001 # 1003
Total Assets (TTM) in million 55,246 54,810 53,525 52,556 52,096
Seq. Total Assets Change 0.8 % 2.4 % 1.84 % 0.88 % 0 %
Seq. Net Income Change -20.5 % 20.22 % 12.37 % 1.92 % -26.41 %



Return On Assets Company Ranking
Within: No.
Industry # 2
Sector # 99
Overall # 767

Return On Assets Statistics
High Average Low
9.37 %
7.72 %
6.16 %
(Sep. 30, 2008)   (Dec 31 2020)





Financial Statements
General Dynamics's Assets $ 55,246 million GD's Balance sheet
General Dynamics's Income $ 799 million Quarterly GD's Income Statement
GD's Income by Division See GD's Income by Division



Annual Return On Assets (Dec 31 2023)
FY 2023
(Dec 31 2022)
FY 2022
(Dec 31 2021)
FY 2021
(Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019
Y / Y Total Assets Change 5.21 % 4.04 % -2.41 % 5.05 % 7.56 %
Total Assets in million 54,810 52,096 50,073 51,308 48,841
Y / Y Net Income Change -2.21 % 4.08 % 2.84 % -9.1 % 4.16 %
Net Income in million 3,315 3,390 3,257 3,167 3,484
Return On Assets 6.05 % 6.51 % 6.5 % 6.17 % 7.13 %




Comment on GD's ROA in the fiscal year ending 2023
In the fiscal year 2023 General Dynamics's ROA decreased compared to previous year to 6.05 %, due to deterioration of net income -2.21 % to $3,315.00 million, from $3,390.00 million a year ago, as GD's assets were $54,810.00 million.


More Return On Assets Ratios
GD's' Return on Assets at Yahoo Finance
Ship & Boat Building Industry Return On Assets Trends and Statistics
Capital Goods Sector Roa Statistics
Roa Trends for overall market
GD's Roa Ratio versus Ship & Boat Building Industry, Capital Goods Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for GD's Competitors
Roa for General Dynamics's Suppliers
Return On Assets for GD's Customers

You may also want to know
GD's Roi GD's Inventory Turnover Ratio GD's Growth Rates GD's Dividend Comparisons
GD's Profitability Ratios GD's Asset Turnover Ratio GD's Dividend Growth
GD's Roe GD's Valuation Ratios GD's Financial Strength Ratios GD's Dividend Payout Ratio



Companies with similar Return On Assets at Mar 31 2024, within Capital Goods Sector ROA
Pultegroup Inc  17.21 %
Ies Holdings Inc   16.62 %
Taylor Devices Inc  16.58 %
Lincoln Electric Holdings Inc  16.33 %
Advanced Drainage Systems Inc   16.27 %
Hudson Technologies Inc  15.67 %
D r Horton Inc   15.12 %
Watsco Inc   14.99 %
Terex Corporation  14.42 %
Wabash National Corporation  14.41 %
Oil dri Corporation Of America  14.39 %
Sci Engineered Materials inc   14.33 %
Donaldson Company Inc   14.16 %
Snap on Inc  14.12 %
Brady Corp  13.64 %
Applied Industrial Technologies Inc   13.46 %
Powell Industries Inc   13.30 %
Toll Brothers Inc   13.27 %
Caterpillar Inc  13.10 %
Installed Building Products Inc   12.93 %
Meritage Homes Corporation  12.65 %
Dream Finders Homes Inc   12.54 %
Simpson Manufacturing Co inc   12.46 %
Mi Homes Inc   12.43 %
Topbuild Corp  12.40 %
Lockheed Martin Corporation  12.26 %
Cavco Industries Inc   11.69 %
Trane Technologies Plc  11.34 %
Emcor Group Inc   11.31 %
Championx Corp  11.17 %


Date modified: 2024-04-24T22:29:06+00:00


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