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GENERAL DYNAMICS CORP Income Tax Expense 2007-2026 | GD

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What is income tax expense?

Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.

What is GENERAL DYNAMICS CORP's current income tax expense?

GENERAL DYNAMICS CORP (GD) annual income tax expense for 2025 was $893.0M, a 17.81% increase from 2024. GENERAL DYNAMICS CORP income tax expense for the quarter ending April 5, 2026 was $244.0M.

What was GENERAL DYNAMICS CORP's income tax expense in 2024?

GENERAL DYNAMICS CORP annual income tax expense for 2024 was $758.0M, a 13.30% increase from 2023.

What was GENERAL DYNAMICS CORP's income tax expense in 2023?

GENERAL DYNAMICS CORP annual income tax expense for 2023 was $669.0M, a 3.56% increase from 2022.

What is GENERAL DYNAMICS CORP's 5-year income tax expense CAGR?

GENERAL DYNAMICS CORP income tax expense grew at a compound annual growth rate (CAGR) of 9.36% from FY2020 to FY2025, going from $571.0M to $893.0M over 5 years.

Income Tax Expense History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Growing
CAGR+9.4%
FY2020
$571.0M
→
FY2025
$893.0M
07080910111213141516171819202122232425
5 years selected
Income Tax Expense History
PeriodValueChangeSource
FY2025$893.0M+17.8%10-K
FY2024$758.0M+13.3%10-K
FY2023$669.0M+3.6%10-K
FY2022$646.0M+4.9%10-K
FY2021$616.0M+7.9%10-K
FY2020$571.0M-20.5%10-K
FY2019$718.0M-1.2%10-K
FY2018$727.0M-37.6%10-K
FY2017$1.17B+19.2%10-K
FY2016$977.0M-17.4%10-K
FY2015$1.18B+4.8%10-K
FY2014$1.13B+0.4%10-K
FY2013$1.13B+31.7%10-K
FY2012$854.0M-26.8%10-K
FY2011$1.17B+0.3%10-K
FY2010$1.16B+5.1%10-K
FY2009$1.11B-1.8%10-K
FY2008$1.13B+16.4%10-K
FY2007$967.0M-10-K
Company: GENERAL DYNAMICS CORPTicker: GDSector: OtherIndustry: Ship & Boat Building & RepairingView company profile →