FLS vs. GD: Flowserve vs. General Dynamics Stock Comparison

November 11, 2026

How do Flowserve (FLS) 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

Flowserve (FLS) and General Dynamics (GD) both fall under the Capital Goods industry group, but FLS is classified in Machinery while GD is classified in Aerospace & Defense.

Company profile comparison for Flowserve (FLS) and General Dynamics (GD)
Profile Item	FLS	GD
Name	Flowserve Corporation	General Dynamics Corp.
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Machinery	Aerospace & Defense
GICS Sub-Industry	Industrial Machinery & Supplies & Components	Aerospace & Defense
Market Capitalization	10.19 billion USD	95.68 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	March 17, 1980	January 2, 1962
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

FLS

GSPC

Flowserve (FLS) 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 Flowserve (FLS) and General Dynamics (GD). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Flowserve (FLS) and General Dynamics (GD)
Metric	FLS	GD
Total Return (1Y)	24.11%	6.52%
Total Return (3Y, Annualized)	33.68%	16.95%
Total Return (5Y, Annualized)	22.48%	14.65%

Risk Profile

Drawdown History

FLS

GSPC

Flowserve (FLS) 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 Flowserve (FLS) and General Dynamics (GD). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Flowserve (FLS) and General Dynamics (GD)
Metric	FLS	GD
Volatility (1Y, Annualized)	42.18%	23.03%
Beta (5Y)	1.24	0.30
Max Drawdown (5Y)	-38.76%	-22.55%
Avg. Volume (3M)	1.61M	1.19M

Risk-Adjusted Performance

Risk-Return Positioning

FLS 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 Flowserve (FLS) and General Dynamics (GD)
Metric	FLS	GD
Sharpe Ratio (1Y)	0.47	0.10
Sortino Ratio (1Y)	0.70	0.15

Profitability

ROE (TTM)

Both Flowserve (FLS) at 11.61% 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.

FLS

Capital Goods industry group

11.61%

Max: 40.55%
Q3: 19.29%
Median: 12.12%
FLS: 11.61%
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%

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

Net Margin (TTM)

Both Flowserve (FLS) at 5.42% and General Dynamics (GD) at 8.24% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

FLS

Capital Goods industry group

5.42%

Max: 27.47%
Q3: 12.10%
Median: 6.30%
FLS: 5.42%
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%

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

Operating Margin (TTM)

Both Flowserve (FLS) at 13.45% and General Dynamics (GD) at 10.49% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

FLS

Capital Goods industry group

13.45%

Max: 36.60%
Q3: 18.33%
FLS: 13.45%
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%

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

Profitability Metrics

Profitability metrics for Flowserve (FLS) and General Dynamics (GD)
Metric	FLS	GD
ROE (TTM)	11.61%	18.01%
ROA (TTM)	6.36%	6.23%
Net Margin (TTM)	5.42%	8.24%
Operating Margin (TTM)	13.45%	10.49%
Gross Margin (TTM)	35.30%	15.42%

Growth

Revenue Growth

Both Flowserve (FLS) at 3.76% 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.

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

EPS Growth

Both Flowserve (FLS) at 23.36% 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.

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

Growth Metrics

Growth metrics for Flowserve (FLS) and General Dynamics (GD)
Metric	FLS	GD
Revenue Growth (YoY)	3.76%	10.13%
Revenue Growth (3Y CAGR)	9.37%	10.07%
EPS Growth (YoY)	23.36%	13.35%
EPS Growth (3Y CAGR)	22.39%	8.22%

Financial Strength

Current Ratio (MRQ)

Flowserve (FLS) at 2.10 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.

FLS

Capital Goods industry group

2.10

Max: 5.22
Q3: 2.95
FLS: 2.10
Median: 2.08
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

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

Debt / Equity (MRQ)

Both Flowserve (FLS) at 0.95 and General Dynamics (GD) at 0.33 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

FLS

Capital Goods industry group

0.95

Max: 2.33
Q3: 1.12
FLS: 0.95
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

Flowserve (FLS) 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 Flowserve (FLS) and General Dynamics (GD)
Metric	FLS	GD
Current Ratio (MRQ)	2.10	1.43
Debt / Equity (MRQ)	0.95	0.33
Net Debt / EBITDA	2.08	0.68

Dividends

Dividend Yield (TTM)

General Dynamics (GD) at 1.76% delivers top-quartile income for its industry, while Flowserve (FLS) at 1.11% pays a more typical yield — both are credible income propositions, GD the richer one.

FLS

Capital Goods industry group

1.11%

Max: 2.66%
Q3: 1.14%
FLS: 1.11%
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%

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

Dividend Payout Ratio (TTM)

Both Flowserve (FLS) at 43.50% and General Dynamics (GD) at 36.90% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

FLS

Capital Goods industry group

43.50%

Max: 67.39%
FLS: 43.50%
Q3: 28.02%
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%

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

Dividend Metrics

Dividend metrics for Flowserve (FLS) and General Dynamics (GD)
Metric	FLS	GD
Dividend Yield (TTM)	1.11%	1.76%
Dividend Payout Ratio (TTM)	43.50%	36.90%

Valuation

P/E Ratio (TTM)

General Dynamics (GD) at 20.84 is near its industry’s usual P/E ratio, while Flowserve (FLS) at 40.19 sits in the richer quartile — FLS needs stronger growth or earnings quality to justify the premium.

FLS

Capital Goods industry group

40.19

Max: 59.38
FLS: 40.19
Q3: 35.92
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

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

P/S Ratio (TTM)

On P/S ratio, both Flowserve (FLS) at 2.17 and General Dynamics (GD) at 1.69 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

FLS

Capital Goods industry group

2.17

Max: 7.54
Q3: 3.76
FLS: 2.17
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

Flowserve (FLS) 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 Flowserve (FLS) at 4.40 and General Dynamics (GD) at 3.50 are valued close to their industries’ norm against book — neither stands out from peers.

FLS

Capital Goods industry group

4.40

Max: 9.66
Q3: 5.00
FLS: 4.40
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

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

Valuation Metrics

Valuation metrics for Flowserve (FLS) and General Dynamics (GD)
Metric	FLS	GD
P/E Ratio (TTM)	40.19	20.84
P/S Ratio (TTM)	2.17	1.69
P/B Ratio (MRQ)	4.40	3.50
Free Cash Flow Yield (TTM)	3.62%	4.76%