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GD vs. MAIR: General Dynamics vs. Madison Air Stock Comparison

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

General Dynamics (GD) has been public since January 2, 1962, giving it decades of market history across multiple cycles, while Madison Air (MAIR) listed only on April 16, 2026 and lacks comparable through-cycle data.

Company profile comparison for General Dynamics (GD) and Madison Air (MAIR)
Profile ItemGDMAIR
NameGeneral Dynamics Corp.Madison Air Solutions Corporation Class A Common Stock
Country/RegionUnited StatesUnited States
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryAerospace & DefenseBuilding Products
GICS Sub-IndustryAerospace & DefenseBuilding Products
Market Capitalization95.68 billion USD11.56 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateJanuary 2, 1962April 16, 2026
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

GD
MAIR
GSPC
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General Dynamics (GD) vs. Madison Air (MAIR), 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 Madison Air (MAIR). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for General Dynamics (GD) and Madison Air (MAIR)
MetricGDMAIR
Total Return (1Y)6.52%--
Total Return (3Y, Annualized)16.95%--
Total Return (5Y, Annualized)14.65%--

Risk Profile

Drawdown History

GD
MAIR
GSPC
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General Dynamics (GD) vs. Madison Air (MAIR), 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 Madison Air (MAIR). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Madison Air (MAIR) has an aggressive beta of 1.60, indicating higher sensitivity to broad-market moves, while General Dynamics (GD) is defensive at 0.30 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.

Risk profile metrics for General Dynamics (GD) and Madison Air (MAIR)
MetricGDMAIR
Volatility (1Y, Annualized)23.03%57.10%
Beta (5Y)0.301.60
Max Drawdown (5Y)-22.55%-51.16%
Avg. Volume (3M)1.19M2.60M

Risk-Adjusted Performance

Risk-Return Positioning

Both GD and MAIR need 1-year volatility and 1-year return to plot risk-return positioning.

Risk-Adjusted Metrics

Risk-adjusted metrics for General Dynamics (GD) and Madison Air (MAIR)
MetricGDMAIR
Sharpe Ratio (1Y)0.10--
Sortino Ratio (1Y)0.15--

Profitability

ROE (TTM)

Capital efficiency shows on one side only: General Dynamics (GD) earns 18.01% on shareholders’ equity, ranked against its industry; Madison Air (MAIR) has no ROE this period.

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%

MAIR

Capital Goods industry group

--

Max
40.55%
Q3
19.29%
Median
12.12%
Q1
4.08%
Min
-17.12%
MAIR
--
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General Dynamics (GD) vs. Madison Air (MAIR): MAIR does not report ROE, so it has no value marker; GD is benchmarked against the Capital Goods industry group.

Net Margin (TTM)

Both General Dynamics (GD) at 8.24% and Madison Air (MAIR) at 3.73% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

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%

MAIR

Capital Goods industry group

3.73%

Max
27.47%
Q3
12.10%
Median
6.30%
MAIR
3.73%
Q1
1.40%
Min
-12.89%
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General Dynamics (GD) vs. Madison Air (MAIR): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Madison Air (MAIR) at 19.76% 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%

MAIR

Capital Goods industry group

19.76%

Max
36.60%
MAIR
19.76%
Q3
18.33%
Median
11.12%
Q1
5.14%
Min
-12.63%
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General Dynamics (GD) vs. Madison Air (MAIR): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for General Dynamics (GD) and Madison Air (MAIR)
MetricGDMAIR
ROE (TTM)18.01%--
ROA (TTM)6.23%--
Net Margin (TTM)8.24%3.73%
Operating Margin (TTM)10.49%19.76%
Gross Margin (TTM)15.42%39.06%

Growth

Revenue Growth

Madison Air (MAIR) at 34.07% sits in the top revenue growth quartile, while General Dynamics (GD) at 10.13% is closer to the peer norm — faster top-line expansion for MAIR.

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General Dynamics (GD) vs. Madison Air (MAIR): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both General Dynamics (GD) at 13.35% and Madison Air (MAIR) at -2.32% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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General Dynamics (GD) vs. Madison Air (MAIR): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for General Dynamics (GD) and Madison Air (MAIR)
MetricGDMAIR
Revenue Growth (YoY)10.13%34.07%
Revenue Growth (3Y CAGR)10.07%--
EPS Growth (YoY)13.35%-2.32%
EPS Growth (3Y CAGR)8.22%--

Financial Strength

Current Ratio (MRQ)

Madison Air (MAIR) at 1.82 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.

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

MAIR

Capital Goods industry group

1.82

Max
5.22
Q3
2.95
Median
2.08
MAIR
1.82
Q1
1.43
Min
0.36
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General Dynamics (GD) vs. Madison Air (MAIR): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Both General Dynamics (GD) at 0.33 and Madison Air (MAIR) at 0.87 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

MAIR

Capital Goods industry group

0.87

Max
2.33
Q3
1.12
MAIR
0.87
Median
0.60
Q1
0.29
Min
0.00
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General Dynamics (GD) vs. Madison Air (MAIR): 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 Madison Air (MAIR)
MetricGDMAIR
Current Ratio (MRQ)1.431.82
Debt / Equity (MRQ)0.330.87
Net Debt / EBITDA0.683.37

Dividends

Dividend Yield (TTM)

Madison Air (MAIR) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile General Dynamics (GD) reports a yield of 1.76%, ranking against industry peers normally.

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%

MAIR

Capital Goods industry group

0.00%

Max
2.66%
Q3
1.14%
Median
0.24%
MAIR
0.00%
Q1
0.00%
Min
0.00%
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General Dynamics (GD) vs. Madison Air (MAIR): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Madison Air (MAIR) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile General Dynamics (GD) reports a payout of 36.90%, ranking against industry peers normally.

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%

MAIR

Capital Goods industry group

0.00%

Max
67.39%
Q3
28.02%
Median
6.86%
MAIR
0.00%
Q1
0.00%
Min
0.00%
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General Dynamics (GD) vs. Madison Air (MAIR): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for General Dynamics (GD) and Madison Air (MAIR)
MetricGDMAIR
Dividend Yield (TTM)1.76%0.00%
Dividend Payout Ratio (TTM)36.90%0.00%

Valuation

P/E Ratio (TTM)

General Dynamics (GD) at 20.84 is near its industry’s usual P/E ratio, while Madison Air (MAIR) at 164.57 sits above its peer range — an unusually expensive price for MAIR’s trailing earnings.

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

MAIR

Capital Goods industry group

164.57

MAIR
164.57
Max
59.38
Q3
35.92
Median
25.41
Q1
19.47
Min
3.03
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General Dynamics (GD) vs. Madison Air (MAIR): 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 Madison Air (MAIR) at 3.09 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

MAIR

Capital Goods industry group

3.09

Max
7.54
Q3
3.76
MAIR
3.09
Median
2.15
Q1
1.03
Min
0.03
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General Dynamics (GD) vs. Madison Air (MAIR): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both General Dynamics (GD) at 3.50 and Madison Air (MAIR) at 3.17 are valued close to their industries’ norm against book — neither stands out from peers.

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

MAIR

Capital Goods industry group

3.17

Max
9.66
Q3
5.00
MAIR
3.17
Median
3.12
Q1
1.81
Min
-1.08
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General Dynamics (GD) vs. Madison Air (MAIR): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for General Dynamics (GD) and Madison Air (MAIR)
MetricGDMAIR
P/E Ratio (TTM)20.84164.57
P/S Ratio (TTM)1.693.09
P/B Ratio (MRQ)3.503.17
Free Cash Flow Yield (TTM)4.76%--