General Dynamics Corporation
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $30.97B | $30.56B | $31.78B | $30.85B | $30.93B | $30.99B | $32.68B | $32.47B |
| Cost of Revenue | $24.73B | $24.90B | $15.99B | $15.34B | $25.45B | $28.40B | $26.82B | $26.56B |
| Gross Profit | $6.24B | $5.67B | $15.80B | $15.52B | $5.48B | $2.59B | $5.86B | $5.91B |
| Gross Margin | 20.2% | 18.5% | 49.7% | 50.3% | 17.7% | 8.4% | 17.9% | 18.2% |
| 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 | 13.7% | 12.3% | 13.5% | 12.6% | 11.9% | 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 | 9.4% | 8.4% | 9.6% | 8.2% | 7.6% | -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 | — | — | — | — | — | — | — | — |