General Dynamics delivered a robust performance in Q1 2025, driven by exceptional growth in its Aerospace segment and overall margin expansion. EPS surged and operating income grew significantly, supported by strength across all business units.
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.