General Dynamics (NYSE:GD) reported its fourth-quarter fiscal 2025 results on Wednesday, as investors weighed the defense contractor’s latest earnings report, with shares trading lower following the release.
General Dynamics’ fourth-quarter EPS of $4.17 beat the $4.10 estimate, and sales of $14.379 billion exceeded the $13.805 billion estimate.
The company posted net earnings of $1.143 billion, or $4.17 per diluted share, on revenue of $14.379 billion, up 7.8% from $13.338 billion a year earlier.
Fourth-quarter orders totaled $22.4 billion, and the consolidated book-to-bill ratio was 1.6x. The company ended the year with a backlog of $118.046 billion.
In the quarter, Aerospace revenue was $3.788 billion, up 1.2% year over year, with a 12.7% operating margin, including 45 Gulfstream deliveries.
Marine Systems revenue rose 21.7% to $4.818 billion with a 7.2% margin, Combat Systems revenue increased 5.8% to $2.535 billion with a 15.0% margin, and Technologies revenue slipped 0.1% to $3.238 billion with a 9.0% margin.
Cash provided by operating activities totaled $1.561 billion in the quarter, representing 137% of net earnings. Free cash flow for the quarter …