On Jan. 24, defense contractor General Dynamics (NYSE:GD) released fourth-quarter earnings for the period ended Dec. 31.
- Information systems & technology and combat systems sales grew by 20.3% and 12.4%, respectively.
- Earnings from "continuing operations" grew 16% to $1.13 per share.
- Our Motley Fool CAPS community is still impressed with the stock, making this a four-star General.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change | |
|---|---|---|---|
|
Sales |
$6,514.0 |
$5,764.0 |
13.0% |
|
Net Profit |
$408.0 |
$406.0 |
0.5% |
|
EPS |
$1.00 |
$1.00 |
0.0% |
|
Diluted Shares |
408.7 |
405.3 |
0.8% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change | |
|---|---|---|---|
|
Gross Margin |
N/A |
N/A |
N/A |
|
Operating Margin |
10.8% |
10.6% |
0.2 |
|
Net Margin |
6.3% |
7.0% |
(0.8) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$1,604.0 |
$2,331.0 |
(31.2%) |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Long-Term Debt |
$2,774.0 |
$2,778.0 |
(0.1%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
Q4 2006 |
Q4 2005 |
Change | |
|---|---|---|---|
|
Cash From Ops.* |
$824.0 |
$895.0 |
(7.9%) |
|
Capital Expenditures |
$137.0 |
$104.0 |
31.7% |
|
Free Cash Flow |
$687.0 |
$791.0 |
(13.1%) |
Find out why Fools always follow the money.
Related Companies:
- Lockheed Martin (NYSE:LMT)
- Honeywell International (NYSE:HON)
- Northrop Grumman (NYSE:NOC)
- Goodrich (NYSE:GR)
- Alliant Techsystems (NYSE:ATK)
Related Foolishness:
- General Dynamics: Strong Value?
- Armor Smashed
- General Dynamics Outflanked?
- General Dynamics' Rude Awakening
How do you think General Dynamics will do in the next few weeks? How about the next few years? Join CAPS, the Fool's new community-intelligence stock-rating service, and tell more than 20,000 fellow investors how you feel.
Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean.
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