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Side-by-side financial comparison of BANK OF MONTREAL (BMO) and General Dynamics (GD). Click either name above to swap in a different company.
General Dynamics is the larger business by last-quarter revenue ($13.5B vs $7.2B, roughly 1.9× BANK OF MONTREAL). BANK OF MONTREAL runs the higher net margin — 25.3% vs 8.3%, a 17.0% gap on every dollar of revenue. General Dynamics produced more free cash flow last quarter ($2.0B vs $1.0B).
The Bank of Montreal, abbreviated as BMO, is a Canadian multinational investment bank and financial services company.
General Dynamics Corporation (GD) is an American industrial and technology company based in Reston, Virginia. It is primarily a developer and producer of advanced military equipment of a wide variety, such as nuclear submarines, main battle tanks, and armoured fighting vehicles. It is also the manufacturer of the civilian aviation Gulfstream business jets and a provider of information technology services. The company is the 3rd largest of the top 100 contractors of the U.S.
BMO vs GD — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $7.2B | $13.5B |
| Net Profit | $1.8B | $1.1B |
| Gross Margin | — | — |
| Operating Margin | — | 10.5% |
| Net Margin | 25.3% | 8.3% |
| Revenue YoY | — | 10.3% |
| Net Profit YoY | — | 13.2% |
| EPS (diluted) | — | $4.10 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $7.2B | $13.5B | ||
| Q4 25 | — | $14.4B | ||
| Q3 25 | $6.6B | $12.9B | ||
| Q2 25 | $6.3B | $13.0B | ||
| Q1 25 | — | $12.2B | ||
| Q4 24 | — | $13.3B | ||
| Q3 24 | — | $11.7B | ||
| Q2 24 | — | $12.0B |
| Q1 26 | $1.8B | $1.1B | ||
| Q4 25 | — | $1.1B | ||
| Q3 25 | $1.7B | $1.1B | ||
| Q2 25 | $1.4B | $1.0B | ||
| Q1 25 | — | $994.0M | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $930.0M | ||
| Q2 24 | — | $905.0M |
| Q1 26 | — | 10.5% | ||
| Q4 25 | — | 10.1% | ||
| Q3 25 | — | 10.3% | ||
| Q2 25 | — | 10.0% | ||
| Q1 25 | — | 10.4% | ||
| Q4 24 | — | 10.7% | ||
| Q3 24 | — | 10.1% | ||
| Q2 24 | — | 9.7% |
| Q1 26 | 25.3% | 8.3% | ||
| Q4 25 | — | 7.9% | ||
| Q3 25 | 25.9% | 8.2% | ||
| Q2 25 | 22.6% | 7.8% | ||
| Q1 25 | — | 8.1% | ||
| Q4 24 | — | 8.6% | ||
| Q3 24 | — | 8.0% | ||
| Q2 24 | — | 7.6% |
| Q1 26 | — | $4.10 | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $49.2B | $3.7B |
| Total DebtLower is stronger | — | $6.3B |
| Stockholders' EquityBook value | $62.6B | $26.1B |
| Total Assets | $1064.4B | $59.0B |
| Debt / EquityLower = less leverage | — | 0.24× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $49.2B | $3.7B | ||
| Q4 25 | — | $2.3B | ||
| Q3 25 | $42.8B | $2.5B | ||
| Q2 25 | $47.7B | $1.5B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $2.1B | ||
| Q2 24 | — | $1.4B |
| Q1 26 | — | $6.3B | ||
| Q4 25 | — | $8.1B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $8.8B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $62.6B | $26.1B | ||
| Q4 25 | — | $25.6B | ||
| Q3 25 | $63.3B | $24.4B | ||
| Q2 25 | $62.7B | $23.6B | ||
| Q1 25 | — | $22.2B | ||
| Q4 24 | — | $22.1B | ||
| Q3 24 | — | $23.0B | ||
| Q2 24 | — | $22.0B |
| Q1 26 | $1064.4B | $59.0B | ||
| Q4 25 | — | $57.2B | ||
| Q3 25 | $1045.0B | $57.6B | ||
| Q2 25 | $1051.4B | $56.9B | ||
| Q1 25 | — | $56.6B | ||
| Q4 24 | — | $55.9B | ||
| Q3 24 | — | $57.3B | ||
| Q2 24 | — | $55.4B |
| Q1 26 | — | 0.24× | ||
| Q4 25 | — | 0.32× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.40× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.3B | — |
| Free Cash FlowOCF − Capex | $1.0B | $2.0B |
| FCF MarginFCF / Revenue | 14.4% | 14.5% |
| Capex IntensityCapex / Revenue | 3.9% | 1.5% |
| Cash ConversionOCF / Net Profit | 0.72× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $6.2B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.3B | — | ||
| Q4 25 | — | $1.6B | ||
| Q3 25 | $-3.1B | $2.1B | ||
| Q2 25 | $-2.3B | $1.6B | ||
| Q1 25 | — | $-148.0M | ||
| Q4 24 | — | $2.2B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $814.0M |
| Q1 26 | $1.0B | $2.0B | ||
| Q4 25 | — | $952.0M | ||
| Q3 25 | $-3.4B | $1.9B | ||
| Q2 25 | $-2.7B | $1.4B | ||
| Q1 25 | — | $-290.0M | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $613.0M |
| Q1 26 | 14.4% | 14.5% | ||
| Q4 25 | — | 6.6% | ||
| Q3 25 | -51.3% | 14.7% | ||
| Q2 25 | -41.8% | 10.7% | ||
| Q1 25 | — | -2.4% | ||
| Q4 24 | — | 13.5% | ||
| Q3 24 | — | 10.4% | ||
| Q2 24 | — | 5.1% |
| Q1 26 | 3.9% | 1.5% | ||
| Q4 25 | — | 4.2% | ||
| Q3 25 | 4.5% | 1.6% | ||
| Q2 25 | 5.1% | 1.5% | ||
| Q1 25 | — | 1.2% | ||
| Q4 24 | — | 2.7% | ||
| Q3 24 | — | 1.7% | ||
| Q2 24 | — | 1.7% |
| Q1 26 | 0.72× | — | ||
| Q4 25 | — | 1.37× | ||
| Q3 25 | -1.81× | 1.99× | ||
| Q2 25 | -1.63× | 1.58× | ||
| Q1 25 | — | -0.15× | ||
| Q4 24 | — | 1.88× | ||
| Q3 24 | — | 1.52× | ||
| Q2 24 | — | 0.90× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
