GD vs. LII: General Dynamics vs. Lennox Stock Comparison

November 11, 2026

How do General Dynamics (GD) and Lennox (LII) 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 Lennox (LII) both fall under the Capital Goods industry group, but GD is classified in Aerospace & Defense while LII is classified in Building Products.

Company profile comparison for General Dynamics (GD) and Lennox (LII)
Profile Item	GD	LII
Name	General Dynamics Corp.	Lennox International Inc.
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Aerospace & Defense	Building Products
GICS Sub-Industry	Aerospace & Defense	Building Products
Market Capitalization	95.68 billion USD	11.70 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	January 2, 1962	July 29, 1999
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

LII

GSPC

General Dynamics (GD) vs. Lennox (LII), 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 General Dynamics (GD) and Lennox (LII). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for General Dynamics (GD) and Lennox (LII)
Metric	GD	LII
Total Return (1Y)	6.52%	-27.83%
Total Return (3Y, Annualized)	16.95%	-2.32%
Total Return (5Y, Annualized)	14.65%	3.79%

Risk Profile

Drawdown History

LII

GSPC

General Dynamics (GD) vs. Lennox (LII), 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 General Dynamics (GD) and Lennox (LII). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for General Dynamics (GD) and Lennox (LII)
Metric	GD	LII
Volatility (1Y, Annualized)	23.03%	41.59%
Beta (5Y)	0.30	1.18
Max Drawdown (5Y)	-22.55%	-49.95%
Avg. Volume (3M)	1.19M	563.34K

Risk-Adjusted Performance

Risk-Return Positioning

GD and LII 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 General Dynamics (GD) and Lennox (LII)
Metric	GD	LII
Sharpe Ratio (1Y)	0.10	-0.77
Sortino Ratio (1Y)	0.15	-0.96

Profitability

ROE (TTM)

Lennox (LII) at 62.82% 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%

LII

Capital Goods industry group

62.82%

LII: 62.82%
Max: 40.55%
Q3: 19.29%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

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

Net Margin (TTM)

Lennox (LII) at 13.76% 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%

LII

Capital Goods industry group

13.76%

Max: 27.47%
LII: 13.76%
Q3: 12.10%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

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

Operating Margin (TTM)

Lennox (LII) at 20.57% operates in the top operating margin quartile, ahead of General Dynamics (GD) at 10.49%, which runs around its industry’s norm.

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%

LII

Capital Goods industry group

20.57%

Max: 36.60%
LII: 20.57%
Q3: 18.33%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

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

Profitability Metrics

Profitability metrics for General Dynamics (GD) and Lennox (LII)
Metric	GD	LII
ROE (TTM)	18.01%	62.82%
ROA (TTM)	6.23%	15.93%
Net Margin (TTM)	8.24%	13.76%
Operating Margin (TTM)	10.49%	20.57%
Gross Margin (TTM)	15.42%	32.62%

Growth

Revenue Growth

General Dynamics (GD) at 10.13% is around its peer norm for revenue growth, while Lennox (LII) at -2.73% drops into the bottom quartile, signaling weaker demand or pricing momentum.

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

EPS Growth

Both General Dynamics (GD) at 13.35% and Lennox (LII) at 1.11% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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

Growth Metrics

Growth metrics for General Dynamics (GD) and Lennox (LII)
Metric	GD	LII
Revenue Growth (YoY)	10.13%	-2.73%
Revenue Growth (3Y CAGR)	10.07%	3.26%
EPS Growth (YoY)	13.35%	1.11%
EPS Growth (3Y CAGR)	8.22%	17.97%

Financial Strength

Current Ratio (MRQ)

Both General Dynamics (GD) at 1.43 and Lennox (LII) at 1.21 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

LII

Capital Goods industry group

1.21

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
LII: 1.21
Min: 0.36

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

Debt / Equity (MRQ)

General Dynamics (GD) at 0.33 carries an industry-typical debt-to-equity mix, while Lennox (LII) at 1.58 uses more debt funding than most peers.

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

LII

Capital Goods industry group

1.58

Max: 2.33
LII: 1.58
Q3: 1.12
Median: 0.60
Q1: 0.29
Min: 0.00

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

Financial Strength Metrics

Financial strength metrics for General Dynamics (GD) and Lennox (LII)
Metric	GD	LII
Current Ratio (MRQ)	1.43	1.21
Debt / Equity (MRQ)	0.33	1.58
Net Debt / EBITDA	0.68	1.73

Dividends

Dividend Yield (TTM)

Both General Dynamics (GD) at 1.76% and Lennox (LII) at 1.53% offer top-quartile dividend income relative to share price within their industries.

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%

LII

Capital Goods industry group

1.53%

Max: 2.66%
LII: 1.53%
Q3: 1.14%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

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

Dividend Payout Ratio (TTM)

Lennox (LII) at 24.68% 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%

LII

Capital Goods industry group

24.68%

Max: 67.39%
Q3: 28.02%
LII: 24.68%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for General Dynamics (GD) and Lennox (LII)
Metric	GD	LII
Dividend Yield (TTM)	1.76%	1.53%
Dividend Payout Ratio (TTM)	36.90%	24.68%

Valuation

P/E Ratio (TTM)

Lennox (LII) at 15.47 sits in the cheaper P/E ratio quartile, while General Dynamics (GD) at 20.84 is closer to its industry’s usual earnings multiple — a discount for LII, though growth and earnings durability still matter.

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

LII

Capital Goods industry group

15.47

Max: 59.38
Q3: 35.92
Median: 25.41
Q1: 19.47
LII: 15.47
Min: 3.03

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

P/S Ratio (TTM)

On P/S ratio, both General Dynamics (GD) at 1.69 and Lennox (LII) at 2.15 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

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

LII

Capital Goods industry group

2.15

Max: 7.54
Q3: 3.76
Median: 2.15
LII: 2.15
Q1: 1.03
Min: 0.03

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

P/B Ratio (MRQ)

General Dynamics (GD) at 3.50 is valued about in line with its industry on P/B ratio, while Lennox (LII) at 8.88 carries an above-peer premium to book — LII is pricier on assets.

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

LII

Capital Goods industry group

8.88

Max: 9.66
LII: 8.88
Q3: 5.00
Median: 3.12
Q1: 1.81
Min: -1.08

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

Valuation Metrics

Valuation metrics for General Dynamics (GD) and Lennox (LII)
Metric	GD	LII
P/E Ratio (TTM)	20.84	15.47
P/S Ratio (TTM)	1.69	2.15
P/B Ratio (MRQ)	3.50	8.88
Free Cash Flow Yield (TTM)	4.76%	3.14%