Returns On Capital At General Dynamics (NYSE:GD) Paint A Concerning Picture [Yahoo! Finance]
General Dynamics Corporation (GD)
Last general dynamics corporation earnings: 4/29 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
investorrelations.gd.com
Company Research
Source: Yahoo! Finance
One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. However, after investigating General Dynamics NYSE:GD ), we don't think it's current trends fit the mold of a multi-bagger. For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. Analysts use this formula to calculate it for General Dynamics: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.12 = US$4.5b ÷ (US$57b - US$20b) (Based on the trailing twelve months to September 2024) Therefore, General Dynamics has an ROCE of 12%. In absolute terms, that's a pretty normal return, and it's somewhat close to the Aerospace & Defense industry a
Show less
Read more
Impact Snapshot
Event Time:
GD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GD alerts
High impacting General Dynamics Corporation news events
Weekly update
A roundup of the hottest topics
GD
News
- Why Is General Dynamics (GD) Down 7.1% Since Last Earnings Report? [Yahoo! Finance]Yahoo! Finance
- U.S. Air Force Again Selects Gulfstream for Fleet Support [Yahoo! Finance]Yahoo! Finance
- U.S. Air Force Again Selects Gulfstream for Fleet SupportPR Newswire
- Insiders At General Dynamics Sold US$23m In Stock, Alluding To Potential Weakness [Yahoo! Finance]Yahoo! Finance
- Q3 Earnings Highs And Lows: General Dynamics (NYSE:GD) Vs The Rest Of The Defense Contractors Stocks [Yahoo! Finance]Yahoo! Finance
GD
Earnings
- 10/23/24 - Miss
GD
Sec Filings
- 11/22/24 - Form 144
- 10/31/24 - Form 4
- 10/30/24 - Form 4
- GD's page on the SEC website