General Dynamics vs RTX
RTX is the larger business, with $88.60bn of revenue in fiscal 2025 against $52.55bn for General Dynamics (1.7 times as much). General Dynamics grew faster (10.1% against 9.7%). General Dynamics kept more of each dollar of sales as profit: a net margin of 8.0% against 7.6%.
| Latest fiscal year | General DynamicsGD, 2025 | RTXRTX, 2025 |
|---|---|---|
| Revenue | $52.55bn | $88.60bn |
| Revenue growth | 10.1% | 9.7% |
| Net income | $4.21bn | $6.73bn |
| Operating margin | — | — |
| Net margin | 8.0% | 7.6% |
| Return on equity | 17.7% | 10.7% |
| Free cash flow | $3.96bn | $7.94bn |
| Cash | $2.33bn | $7.43bn |
| Total debt | $8.07bn | $37.90bn |
| Debt to equity | — | — |
| Dividend per share | — | $2.67 |
| Dividend yield | 1.6% | 1.4% |
| Share buybacks | $637m | $50.0m |
| Employees | 40,000 | — |
| Market value | $102.13bn | $278.64bn |
| Price vs our value range | Within our value range | Above our value range |
| Moat score | 60 (Moderate) | 56 (Moderate) |
| Insider trades, 12 months | 0 buys, 27 sales | 0 buys, 18 sales |