General Dynamics Q2 2024 revenue rose 18% to $12 billion; diluted EPS $3.26
General Dynamics reported second-quarter 2024 revenue of $12 billion, up 18% from a year earlier, with operating earnings of $1.2 billion and diluted EPS of $3.26, up 20.7%. Growth was led by the Aerospace segment, where revenue rose 50.5% on higher Gulfstream deliveries, and the company's backlog stood at $91.3 billion.
Key points
- Revenue $12 billion (11,976 million), up 18.0%; operating earnings $1.16 billion, up 20.2%
- Diluted EPS $3.26 vs. $2.70 a year earlier; operating margin 9.7%, up 20 basis points
- Gulfstream delivered 37 aircraft in the quarter (31 large-cabin) vs. 24 a year earlier
- Operating cash flow $814 million; free cash flow $613 million; dividends paid $389 million
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 24, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.