General Dynamics Corp.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $30.78B | $31.13B | $31.13B | $30.76B | $29.83B | $30.91B | $32.62B | $32.31B |
| Aerospace | $9.34B | $9.06B | $9.09B | $8.60B | $7.85B | $7.41B | $7.07B | $7.31B |
| Combat Systems | $4.73B | $4.72B | $5.05B | $5.33B | $5.81B | $7.14B | $8.23B | $9.30B |
| Marine Systems | $8.20B | $7.85B | $7.77B | $7.51B | $6.54B | $6.78B | $7.20B | $7.58B |
| Technologies | $8.51B | $9.50B | $9.22B | $9.32B | $9.63B | $9.59B | $10.12B | $8.13B |
| Cost of Revenue | $24.73B | $24.90B | $15.99B | $15.34B | $25.45B | $28.40B | $26.82B | $26.56B |
| Gross Profit | $6.05B | $6.23B | $15.14B | $15.42B | $4.37B | $2.51B | $5.80B | $5.75B |
| Gross Margin | 19.7% | 20.0% | 48.6% | 50.1% | 14.7% | 8.1% | 17.8% | 17.8% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | $1.61B | $1.54B | $1.20B |
| SG&A Expense | $2.01B | $1.92B | $1.94B | $1.98B | $2.04B | $2.22B | $2.03B | $1.96B |
| Operating Income | $4.24B | $3.74B | $4.30B | $3.89B | $3.69B | $765.0M | $3.83B | $3.95B |
| Operating Margin | 13.8% | 12.0% | 13.8% | 12.6% | 12.4% | 2.5% | 11.7% | 12.2% |
| Interest Expense | $117.0M | $99.0M | $98.0M | $103.0M | $103.0M | $168.0M | $155.0M | $167.0M |
| Pretax Income | $4.08B | $3.66B | $4.22B | $3.80B | $3.61B | $473.0M | $3.72B | $3.79B |
| Income Tax Expense | $1.17B | $977.0M | $1.18B | $1.13B | $1.13B | $854.0M | $1.17B | $1.16B |
| Net Income | $2.91B | $2.57B | $3.04B | $2.53B | $2.36B | $-332.0M | $2.53B | $2.62B |
| Net Margin | 9.5% | 8.3% | 9.8% | 8.2% | 7.9% | -1.1% | 7.7% | 8.1% |
| EPS (Basic) | $9.73 | $8.44 | $9.45 | $7.56 | $6.72 | $-0.94 | $6.94 | $6.88 |
| EPS (Diluted) | $9.56 | $8.29 | $9.29 | $7.42 | $6.67 | $-0.94 | $6.87 | $6.81 |
| Shares Outstanding (Basic) | 299.2M | 304.7M | 321.3M | 335.2M | 350.7M | 353.3M | 364.1M | 381.2M |
| Shares Outstanding (Diluted) | 304.6M | 310.4M | 326.7M | 341.3M | 353.5M | 353.3M | 367.5M | 385.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |