General Dynamics Earnings Reports

General Dynamics reported a strong fourth quarter and full year in 2024. Q4 net earnings were $1.1 billion, up 14.2% year-over-year, with revenue of $13.3 billion, up 14.3%. Full-year net earnings reached $3.8 billion, a 14.1% increase from 2023, on revenue of $47.7 billion, up 12.9%. The company ended the year with a backlog of $90.6 billion.

General Dynamics reported a 10.4% increase in revenue to $11.7 billion, with operating earnings up 11.7% to $1.2 billion and diluted EPS up 10.2% to $3.35. The company's backlog reached $92.6 billion, and demand across the portfolio remains strong.

General Dynamics reported a strong second quarter with revenue of $12 billion, an 18% increase from the previous year. Operating earnings rose by 20.2% to $1.2 billion, and diluted EPS increased by 20.7% to $3.26. The company saw growth across all key measures, driven by disciplined execution and increased demand in the defense sector.

General Dynamics reported a strong start to 2024 with an 8.6% increase in revenue to $10.7 billion and a 10.4% increase in operating earnings to $1 billion. Diluted EPS increased by 9.1% to $2.88. The company's backlog reached $93.7 billion, up 4.4% from the previous year.