General Dynamics (GD) Tops Q4 EPS by 2c, Revenues Miss

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General Dynamics Reports Fourth-Quarter and Full-Year 2021 Financial Results

January 26, 2022 7:00 AM EST

RESTON, Va., Jan. 26, 2022 /PRNewswire/ -- General Dynamics (NYSE: GD) today reported quarterly net earnings of $952 million, or $3.39 diluted earnings per share (EPS), on $10.3 billion in revenue. For the full year, net earnings were $3.3 billion, or $11.55 per diluted share, on revenue of $38.5 billion.

Operating margin was 11.5% for the quarter and 10.8% for the full year. The defense segments collectively delivered revenue and operating earnings for the year that were the highest in the company's history.

"Our continued focus on operating performance and protecting the health and safety of our employees contributed... More