FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
7Y

Three-Statement Breakdown

GD
2026-07-05 · figures in $M

NET DEBT DOWN

Net debt fell 19% to $5.7B — the lowest of its last 7 readings, and stands at 0.91× annualized EBITDA.

CASH +37.5%
2,333
TOTAL DEBT -8.5%
8,074
NET DEBT -19.5%
5,741
NET DEBT / ANN. EBITDA -27.1%
0.91× TARGET <2.0×
Balance sheet FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 YoY
Cash & equivalents
10-Q
902 2,824 1,603 1,242 1,913 1,697 2,333 +37.5%
Accounts receivable
10-Q
3,544 3,161 3,041 3,008 3,004 2,977 2,406 -19.2%
Inventories
10-Q
6,306 5,745 5,340 6,322 8,578 9,724 9,232 -5.1%
Other current assets
RESTATED · WAS 1,171 10-Q
1,679 1,789 1,505 1,696 2,123 1,740 1,897 +9.0%
Total current assets
RESTATED · WAS 19,780 10-Q
20,288 21,543 19,987 21,063 23,615 24,386 24,248 -0.6%
Current ratio
10-Q
1.21× 1.35× 1.43× 1.37× 1.44× 1.37× 1.44× +5.5%
Goodwill
10-Q
19,677 20,053 20,098 20,334 20,586 20,556 21,009 +2.2%
Property, plant & equipment
10-Q
4,475 5,100 5,417 5,900 6,198 6,467 7,525 +16.4%
Total assets
RESTATED · WAS 48,841 10-Q
49,349 51,308 50,073 51,585 54,810 55,880 57,249 +2.4%
Return on assets (annualized)
10-Q
7.1% 6.2% 6.5% 6.6% 6.0% 6.8% 7.4% +8.7%
Accounts payable
10-Q
3,162 2,952 3,167 3,398 3,095 3,344 2,678 -19.9%
Short-term debt
10-Q
2,920 3,003 1,005 1,253 507 1,502 1,006 -33.0%
Total current liabilities
10-Q
16,801 15,964 13,978 15,341 16,432 17,824 16,796 -5.8%
Long-term debt
10-Q
9,010 9,995 10,490 9,243 8,754 7,260 7,007 -3.5%
Total liabilities
35,371 35,647 32,432 33,017 33,511 33,817 31,627 -6.5%
Net debt
11,103 10,293 10,003 9,348 7,427 7,129 5,741 -19.5%
Stockholders' equity
RESTATED · WAS 13,577 10-Q
13,978 15,661 17,641 18,568 21,299 22,063 25,622 +16.1%
Net debt / TTM EBITDA
10-Q
2.06× 2.05× 1.98× 1.83× 1.45× 1.25× 0.91× -27.1%

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SELECTED · NET DEBT · QoQ BRIDGE
FROM7,129 TOTAL DEBT-752 CASH & EQUIVALENTS-636 TO5,741
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-07-29 ↗