GD vs. GEV: General Dynamics vs. GE Vernova Stock Comparison
How do General Dynamics (GD) and GE Vernova (GEV) 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
General Dynamics (GD) and GE Vernova (GEV) both fall under the Capital Goods industry group, but GD is classified in Aerospace & Defense while GEV is classified in Electrical Equipment.
General Dynamics (GD) carries decades of public-market history since January 2, 1962, while GE Vernova (GEV) listed on March 27, 2024 — long-window comparisons have far more historical data on the GD side.
| Profile Item | GD | GEV |
|---|---|---|
| Name | General Dynamics Corp. | GE Vernova Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Aerospace & Defense | Electrical Equipment |
| GICS Sub-Industry | Aerospace & Defense | Heavy Electrical Equipment |
| Market Capitalization | 95.68 billion USD | 204.89 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 2, 1962 | March 27, 2024 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | GD | GEV |
|---|---|---|
| Total Return (1Y) | 6.52% | 44.63% |
| Total Return (3Y, Annualized) | 16.95% | -- |
| Total Return (5Y, Annualized) | 14.65% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | GD | GEV |
|---|---|---|
| Volatility (1Y, Annualized) | 23.03% | 55.54% |
| Beta (5Y) | 0.30 | 1.12 |
| Max Drawdown (5Y) | -22.55% | -38.29% |
| Avg. Volume (3M) | 1.19M | 2.65M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | GD | GEV |
|---|---|---|
| Sharpe Ratio (1Y) | 0.10 | 0.73 |
| Sortino Ratio (1Y) | 0.15 | 1.08 |
Profitability
ROE (TTM)
GE Vernova (GEV) at 93.04% clears its industry range for ROE, a sharper capital-efficiency signal than General Dynamics (GD) at 18.01%, which is closer to a typical peer reading.
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%
GEV
Capital Goods industry group
93.04%
- GEV
- 93.04%
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
GE Vernova (GEV) at 23.54% retains a top-quartile share of revenue as profit, ahead of General Dynamics (GD) at 8.24%, which keeps about the industry-typical share.
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%
GEV
Capital Goods industry group
23.54%
- Max
- 27.47%
- GEV
- 23.54%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Both General Dynamics (GD) at 10.49% and GE Vernova (GEV) at 12.77% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
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%
GEV
Capital Goods industry group
12.77%
- Max
- 36.60%
- Q3
- 18.33%
- GEV
- 12.77%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | GD | GEV |
|---|---|---|
| ROE (TTM) | 18.01% | 93.04% |
| ROA (TTM) | 6.23% | 3.22% |
| Net Margin (TTM) | 8.24% | 23.54% |
| Operating Margin (TTM) | 10.49% | 12.77% |
| Gross Margin (TTM) | 15.42% | 21.79% |
Growth
Revenue Growth
Both General Dynamics (GD) at 10.13% and GE Vernova (GEV) at 8.97% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
GE Vernova (GEV) at 217.03% clears its industry range for EPS growth, a much stronger earnings trajectory than General Dynamics (GD) at 13.35%, which is closer to a typical peer reading.
Growth Metrics
| Metric | GD | GEV |
|---|---|---|
| Revenue Growth (YoY) | 10.13% | 8.97% |
| Revenue Growth (3Y CAGR) | 10.07% | 8.68% |
| EPS Growth (YoY) | 13.35% | 217.03% |
| EPS Growth (3Y CAGR) | 8.22% | -- |
Financial Strength
Current Ratio (MRQ)
Both General Dynamics (GD) at 1.43 and GE Vernova (GEV) at 0.83 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
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
GEV
Capital Goods industry group
0.83
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- GEV
- 0.83
- Min
- 0.36
Debt / Equity (MRQ)
Both General Dynamics (GD) at 0.33 and GE Vernova (GEV) at 0.30 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
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
GEV
Capital Goods industry group
0.30
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- GEV
- 0.30
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | GD | GEV |
|---|---|---|
| Current Ratio (MRQ) | 1.43 | 0.83 |
| Debt / Equity (MRQ) | 0.33 | 0.30 |
| Net Debt / EBITDA | 0.68 | -2.50 |
Dividends
Dividend Yield (TTM)
General Dynamics (GD) at 1.76% delivers top-quartile income for its industry, while GE Vernova (GEV) at 0.26% pays a more typical yield — both are credible income propositions, GD the richer one.
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%
GEV
Capital Goods industry group
0.26%
- Max
- 2.66%
- Q3
- 1.14%
- GEV
- 0.26%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
GE Vernova (GEV) at 4.59% 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.
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%
GEV
Capital Goods industry group
4.59%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- GEV
- 4.59%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | GD | GEV |
|---|---|---|
| Dividend Yield (TTM) | 1.76% | 0.26% |
| Dividend Payout Ratio (TTM) | 36.90% | 4.59% |
Valuation
P/E Ratio (TTM)
Both General Dynamics (GD) at 20.84 and GE Vernova (GEV) at 20.32 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
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
GEV
Capital Goods industry group
20.32
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- GEV
- 20.32
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
General Dynamics (GD) at 1.69 is priced about in line with its industry on P/S ratio, while GE Vernova (GEV) at 4.65 sits in the pricier quartile — GEV costs more per dollar of sales.
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
GEV
Capital Goods industry group
4.65
- Max
- 7.54
- GEV
- 4.65
- Q3
- 3.76
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
General Dynamics (GD) at 3.50 sits near its industry’s typical P/B ratio, while GE Vernova (GEV) at 18.00 prices above its benchmark range — GEV looks rich relative to book.
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
GEV
Capital Goods industry group
18.00
- GEV
- 18.00
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | GD | GEV |
|---|---|---|
| P/E Ratio (TTM) | 20.84 | 20.32 |
| P/S Ratio (TTM) | 1.69 | 4.65 |
| P/B Ratio (MRQ) | 3.50 | 18.00 |
| Free Cash Flow Yield (TTM) | 4.76% | 10.79% |