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.
| Profile Item | GD | MAIR |
|---|---|---|
| Name | General Dynamics Corp. | Madison Air Solutions Corporation Class A Common Stock |
| 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 | 11.56 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 2, 1962 | April 16, 2026 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | GD | MAIR |
|---|---|---|
| Total Return (1Y) | 6.52% | -- |
| Total Return (3Y, Annualized) | 16.95% | -- |
| Total Return (5Y, Annualized) | 14.65% | -- |
Risk Profile
Drawdown History
Return Distribution
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.
| Metric | GD | MAIR |
|---|---|---|
| Volatility (1Y, Annualized) | 23.03% | 57.10% |
| Beta (5Y) | 0.30 | 1.60 |
| Max Drawdown (5Y) | -22.55% | -51.16% |
| Avg. Volume (3M) | 1.19M | 2.60M |
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
| Metric | GD | MAIR |
|---|---|---|
| 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
- --
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%
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%
Profitability Metrics
| Metric | GD | MAIR |
|---|---|---|
| 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.
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.
Growth Metrics
| Metric | GD | MAIR |
|---|---|---|
| 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
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
Financial Strength Metrics
| Metric | GD | MAIR |
|---|---|---|
| Current Ratio (MRQ) | 1.43 | 1.82 |
| Debt / Equity (MRQ) | 0.33 | 0.87 |
| Net Debt / EBITDA | 0.68 | 3.37 |
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%
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%
Dividend Metrics
| Metric | GD | MAIR |
|---|---|---|
| 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
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
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
Valuation Metrics
| Metric | GD | MAIR |
|---|---|---|
| P/E Ratio (TTM) | 20.84 | 164.57 |
| P/S Ratio (TTM) | 1.69 | 3.09 |
| P/B Ratio (MRQ) | 3.50 | 3.17 |
| Free Cash Flow Yield (TTM) | 4.76% | -- |