AME vs. GD: AMETEK vs. General Dynamics Stock Comparison

November 11, 2026

How do AMETEK (AME) and General Dynamics (GD) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

AMETEK (AME) and General Dynamics (GD) both fall under the Capital Goods industry group, but AME is classified in Electrical Equipment while GD is classified in Aerospace & Defense.

Company profile comparison for AMETEK (AME) and General Dynamics (GD)
Profile Item	AME	GD
Name	AMETEK, Inc.	General Dynamics Corp.
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Electrical Equipment	Aerospace & Defense
GICS Sub-Industry	Electrical Components & Equipment	Aerospace & Defense
Market Capitalization	52.44 billion USD	95.68 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	July 19, 1984	January 2, 1962
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

AME

GSPC

AMETEK (AME) vs. General Dynamics (GD), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for AMETEK (AME) and General Dynamics (GD). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for AMETEK (AME) and General Dynamics (GD). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for AMETEK (AME) and General Dynamics (GD)
Metric	AME	GD
Total Return (1Y)	22.79%	6.52%
Total Return (3Y, Annualized)	18.31%	16.95%
Total Return (5Y, Annualized)	12.17%	14.65%

Risk Profile

Drawdown History

AME

GSPC

AMETEK (AME) vs. General Dynamics (GD), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for AMETEK (AME) and General Dynamics (GD). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for AMETEK (AME) and General Dynamics (GD)
Metric	AME	GD
Volatility (1Y, Annualized)	24.96%	23.03%
Beta (5Y)	0.96	0.30
Max Drawdown (5Y)	-27.06%	-22.55%
Avg. Volume (3M)	1.45M	1.19M

Risk-Adjusted Performance

Risk-Return Positioning

AME and GD are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for AMETEK (AME) and General Dynamics (GD)
Metric	AME	GD
Sharpe Ratio (1Y)	0.74	0.10
Sortino Ratio (1Y)	1.06	0.15

Profitability

ROE (TTM)

Both AMETEK (AME) at 14.68% and General Dynamics (GD) at 18.01% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

AME

Capital Goods industry group

14.68%

Max: 40.55%
Q3: 19.29%
AME: 14.68%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

GD

Capital Goods industry group

18.01%

Max: 40.55%
Q3: 19.29%
GD: 18.01%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

AMETEK (AME) vs. General Dynamics (GD): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

AMETEK (AME) at 19.91% retains a top-quartile share of revenue as profit, ahead of General Dynamics (GD) at 8.24%, which keeps about the industry-typical share.

AME

Capital Goods industry group

19.91%

Max: 27.47%
AME: 19.91%
Q3: 12.10%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

GD

Capital Goods industry group

8.24%

Max: 27.47%
Q3: 12.10%
GD: 8.24%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

AMETEK (AME) vs. General Dynamics (GD): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

AMETEK (AME) at 26.38% operates in the top operating margin quartile, ahead of General Dynamics (GD) at 10.49%, which runs around its industry’s norm.

AME

Capital Goods industry group

26.38%

Max: 36.60%
AME: 26.38%
Q3: 18.33%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

GD

Capital Goods industry group

10.49%

Max: 36.60%
Q3: 18.33%
Median: 11.12%
GD: 10.49%
Q1: 5.14%
Min: -12.63%

AMETEK (AME) vs. General Dynamics (GD): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for AMETEK (AME) and General Dynamics (GD)
Metric	AME	GD
ROE (TTM)	14.68%	18.01%
ROA (TTM)	7.06%	6.23%
Net Margin (TTM)	19.91%	8.24%
Operating Margin (TTM)	26.38%	10.49%
Gross Margin (TTM)	36.97%	15.42%

Growth

Revenue Growth

Both AMETEK (AME) at 6.63% and General Dynamics (GD) at 10.13% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

AMETEK (AME) vs. General Dynamics (GD): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both AMETEK (AME) at 7.93% and General Dynamics (GD) at 13.35% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

AMETEK (AME) vs. General Dynamics (GD): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for AMETEK (AME) and General Dynamics (GD)
Metric	AME	GD
Revenue Growth (YoY)	6.63%	10.13%
Revenue Growth (3Y CAGR)	6.36%	10.07%
EPS Growth (YoY)	7.93%	13.35%
EPS Growth (3Y CAGR)	8.50%	8.22%

Financial Strength

Current Ratio (MRQ)

AMETEK (AME) at 1.43 keeps current ratio within its industry’s typical mid-range, while General Dynamics (GD) at 1.43 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for GD.

AME

Capital Goods industry group

1.43

Max: 5.22
Q3: 2.95
Median: 2.08
AME: 1.43
Q1: 1.43
Min: 0.36

GD

Capital Goods industry group

1.43

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
GD: 1.43
Min: 0.36

AMETEK (AME) vs. General Dynamics (GD): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Both AMETEK (AME) at 0.60 and General Dynamics (GD) at 0.33 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

AME

Capital Goods industry group

0.60

Max: 2.33
Q3: 1.12
AME: 0.60
Median: 0.60
Q1: 0.29
Min: 0.00

GD

Capital Goods industry group

0.33

Max: 2.33
Q3: 1.12
Median: 0.60
GD: 0.33
Q1: 0.29
Min: 0.00

AMETEK (AME) vs. General Dynamics (GD): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for AMETEK (AME) and General Dynamics (GD)
Metric	AME	GD
Current Ratio (MRQ)	1.43	1.43
Debt / Equity (MRQ)	0.60	0.33
Net Debt / EBITDA	2.41	0.68

Dividends

Dividend Yield (TTM)

General Dynamics (GD) at 1.76% delivers top-quartile income for its industry, while AMETEK (AME) at 0.60% pays a more typical yield — both are credible income propositions, GD the richer one.

AME

Capital Goods industry group

0.60%

Max: 2.66%
Q3: 1.14%
AME: 0.60%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

GD

Capital Goods industry group

1.76%

Max: 2.66%
GD: 1.76%
Q3: 1.14%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

AMETEK (AME) vs. General Dynamics (GD): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

AMETEK (AME) at 18.76% pays out a band-typical share of earnings, while General Dynamics (GD) at 36.90% distributes more than its industry norm — less retained, thinner cover.

AME

Capital Goods industry group

18.76%

Max: 67.39%
Q3: 28.02%
AME: 18.76%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

GD

Capital Goods industry group

36.90%

Max: 67.39%
GD: 36.90%
Q3: 28.02%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

AMETEK (AME) vs. General Dynamics (GD): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for AMETEK (AME) and General Dynamics (GD)
Metric	AME	GD
Dividend Yield (TTM)	0.60%	1.76%
Dividend Payout Ratio (TTM)	18.76%	36.90%

Valuation

P/E Ratio (TTM)

Both AMETEK (AME) at 32.25 and General Dynamics (GD) at 20.84 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

AME

Capital Goods industry group

32.25

Max: 59.38
Q3: 35.92
AME: 32.25
Median: 25.41
Q1: 19.47
Min: 3.03

GD

Capital Goods industry group

20.84

Max: 59.38
Q3: 35.92
Median: 25.41
GD: 20.84
Q1: 19.47
Min: 3.03

AMETEK (AME) vs. General Dynamics (GD): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

General Dynamics (GD) at 1.69 is priced about in line with its industry on P/S ratio, while AMETEK (AME) at 6.40 sits in the pricier quartile — AME costs more per dollar of sales.

AME

Capital Goods industry group

6.40

Max: 7.54
AME: 6.40
Q3: 3.76
Median: 2.15
Q1: 1.03
Min: 0.03

GD

Capital Goods industry group

1.69

Max: 7.54
Q3: 3.76
Median: 2.15
GD: 1.69
Q1: 1.03
Min: 0.03

AMETEK (AME) vs. General Dynamics (GD): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both AMETEK (AME) at 4.48 and General Dynamics (GD) at 3.50 are valued close to their industries’ norm against book — neither stands out from peers.

AME

Capital Goods industry group

4.48

Max: 9.66
Q3: 5.00
AME: 4.48
Median: 3.12
Q1: 1.81
Min: -1.08

GD

Capital Goods industry group

3.50

Max: 9.66
Q3: 5.00
GD: 3.50
Median: 3.12
Q1: 1.81
Min: -1.08

AMETEK (AME) vs. General Dynamics (GD): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for AMETEK (AME) and General Dynamics (GD)
Metric	AME	GD
P/E Ratio (TTM)	32.25	20.84
P/S Ratio (TTM)	6.40	1.69
P/B Ratio (MRQ)	4.48	3.50
Free Cash Flow Yield (TTM)	2.89%	4.76%