GD vs. NXT: General Dynamics vs. Nextracker Stock Comparison

November 11, 2026

How do General Dynamics (GD) and Nextracker (NXT) 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 Nextracker (NXT) both fall under the Capital Goods industry group, but GD is classified in Aerospace & Defense while NXT is classified in Electrical Equipment.

General Dynamics (GD) has more than two decades of public-market history since January 2, 1962, whereas Nextracker (NXT) listed on February 9, 2023 and has a much shorter record to draw on.

Company profile comparison for General Dynamics (GD) and Nextracker (NXT)
Profile Item	GD	NXT
Name	General Dynamics Corp.	Nextpower Inc. 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	Electrical Equipment
GICS Sub-Industry	Aerospace & Defense	Electrical Components & Equipment
Market Capitalization	95.68 billion USD	16.00 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	January 2, 1962	February 9, 2023
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

NXT

GSPC

General Dynamics (GD) vs. Nextracker (NXT), 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 Nextracker (NXT). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for General Dynamics (GD) and Nextracker (NXT)
Metric	GD	NXT
Total Return (1Y)	6.52%	0.06%
Total Return (3Y, Annualized)	16.95%	45.51%
Total Return (5Y, Annualized)	14.65%	--

Risk Profile

Drawdown History

NXT

GSPC

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

Risk Metrics

Nextracker (NXT) has an aggressive beta of 1.66, 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 Nextracker (NXT)
Metric	GD	NXT
Volatility (1Y, Annualized)	23.03%	68.10%
Beta (5Y)	0.30	1.66
Max Drawdown (5Y)	-22.55%	-51.10%
Avg. Volume (3M)	1.19M	2.38M

Risk-Adjusted Performance

Risk-Return Positioning

GD and NXT 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 Nextracker (NXT)
Metric	GD	NXT
Sharpe Ratio (1Y)	0.10	-0.06
Sortino Ratio (1Y)	0.15	-0.09

Profitability

ROE (TTM)

Nextracker (NXT) at 26.46% sits in the top ROE quartile, while General Dynamics (GD) at 18.01% is closer to the peer norm — stronger capital efficiency for NXT.

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%

NXT

Capital Goods industry group

26.46%

Max: 40.55%
NXT: 26.46%
Q3: 19.29%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

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

Net Margin (TTM)

Nextracker (NXT) at 15.98% 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%

NXT

Capital Goods industry group

15.98%

Max: 27.47%
NXT: 15.98%
Q3: 12.10%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

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

Operating Margin (TTM)

Nextracker (NXT) at 20.06% 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%

NXT

Capital Goods industry group

20.06%

Max: 36.60%
NXT: 20.06%
Q3: 18.33%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

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

Profitability Metrics

Profitability metrics for General Dynamics (GD) and Nextracker (NXT)
Metric	GD	NXT
ROE (TTM)	18.01%	26.46%
ROA (TTM)	6.23%	10.75%
Net Margin (TTM)	8.24%	15.98%
Operating Margin (TTM)	10.49%	20.06%
Gross Margin (TTM)	15.42%	21.84%

Growth

Revenue Growth

Nextracker (NXT) at 20.28% 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 NXT.

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

EPS Growth

Both General Dynamics (GD) at 13.35% and Nextracker (NXT) at 10.66% 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. Nextracker (NXT): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for General Dynamics (GD) and Nextracker (NXT)
Metric	GD	NXT
Revenue Growth (YoY)	10.13%	20.28%
Revenue Growth (3Y CAGR)	10.07%	23.23%
EPS Growth (YoY)	13.35%	10.66%
EPS Growth (3Y CAGR)	8.22%	476.90%

Financial Strength

Current Ratio (MRQ)

Nextracker (NXT) at 2.23 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

NXT

Capital Goods industry group

2.23

Max: 5.22
Q3: 2.95
NXT: 2.23
Median: 2.08
Q1: 1.43
Min: 0.36

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

Debt / Equity (MRQ)

Nextracker (NXT) at 0.02 keeps leverage in the lower industry quartile, while General Dynamics (GD) at 0.33 runs a more typical debt-to-equity mix.

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

NXT

Capital Goods industry group

0.02

Max: 2.33
Q3: 1.12
Median: 0.60
Q1: 0.29
NXT: 0.02
Min: 0.00

General Dynamics (GD) vs. Nextracker (NXT): 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 Nextracker (NXT)
Metric	GD	NXT
Current Ratio (MRQ)	1.43	2.23
Debt / Equity (MRQ)	0.33	0.02
Net Debt / EBITDA	0.68	-1.30

Dividends

Dividend Yield (TTM)

Nextracker (NXT) 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%

NXT

Capital Goods industry group

0.00%

Max: 2.66%
Q3: 1.14%
Median: 0.24%
NXT: 0.00%
Q1: 0.00%
Min: 0.00%

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

Dividend Payout Ratio (TTM)

Nextracker (NXT) 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%

NXT

Capital Goods industry group

0.00%

Max: 67.39%
Q3: 28.02%
Median: 6.86%
NXT: 0.00%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for General Dynamics (GD) and Nextracker (NXT)
Metric	GD	NXT
Dividend Yield (TTM)	1.76%	0.00%
Dividend Payout Ratio (TTM)	36.90%	0.00%

Valuation

P/E Ratio (TTM)

Both General Dynamics (GD) at 20.84 and Nextracker (NXT) at 26.42 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

NXT

Capital Goods industry group

26.42

Max: 59.38
Q3: 35.92
NXT: 26.42
Median: 25.41
Q1: 19.47
Min: 3.03

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

P/S Ratio (TTM)

General Dynamics (GD) at 1.69 is priced about in line with its industry on P/S ratio, while Nextracker (NXT) at 4.17 sits in the pricier quartile — NXT 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

NXT

Capital Goods industry group

4.17

Max: 7.54
NXT: 4.17
Q3: 3.76
Median: 2.15
Q1: 1.03
Min: 0.03

General Dynamics (GD) vs. Nextracker (NXT): 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 Nextracker (NXT) at 5.98 carries an above-peer premium to book — NXT 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

NXT

Capital Goods industry group

5.98

Max: 9.66
NXT: 5.98
Q3: 5.00
Median: 3.12
Q1: 1.81
Min: -1.08

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

Valuation Metrics

Valuation metrics for General Dynamics (GD) and Nextracker (NXT)
Metric	GD	NXT
P/E Ratio (TTM)	20.84	26.42
P/S Ratio (TTM)	1.69	4.17
P/B Ratio (MRQ)	3.50	5.98
Free Cash Flow Yield (TTM)	4.76%	2.32%