General Dynamics Q4 2024 Earnings Report
Key Takeaways
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.
Fourth-quarter net earnings were $1.1 billion, with diluted EPS of $4.15, on revenue of $13.3 billion.
Full-year net earnings reached $3.8 billion, with diluted EPS of $13.63, on revenue of $47.7 billion.
Net cash provided by operating activities in the quarter totaled $2.2 billion, representing 188% of net earnings.
The company concluded the year with a backlog of $90.6 billion.
General Dynamics
General Dynamics
General Dynamics Revenue by Segment
Forward Guidance
General Dynamics intends to supplement those charts on its website after its earnings call today to include information about 2025 guidance presented during the call.
Revenue & Expenses
Visualization of income flow from segment revenue to net income