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Side-by-side financial comparison of General Dynamics (GD) and JBS N.V. (JBS). Click either name above to swap in a different company.
JBS N.V. is the larger business by last-quarter revenue ($22.6B vs $13.5B, roughly 1.7× General Dynamics). General Dynamics runs the higher net margin — 8.3% vs 2.9%, a 5.5% gap on every dollar of revenue. On growth, JBS N.V. posted the faster year-over-year revenue change (13.4% vs 10.3%). General Dynamics produced more free cash flow last quarter ($2.0B vs $-264.6M).
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.
JBS N.V. is a Brazilian multinational company that is the largest meat processing enterprise in the world, producing factory processed beef, chicken, salmon, sheep, pork, and also selling by-products from the processing of these meats. It is headquartered in São Paulo. It was founded in 1953 in Anápolis, Goiás.
GD vs JBS — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | ||
|---|---|---|
| Revenue | $13.5B | $22.6B |
| Net Profit | $1.1B | $644.1M |
| Gross Margin | — | 13.2% |
| Operating Margin | 10.5% | 5.4% |
| Net Margin | 8.3% | 2.9% |
| Revenue YoY | 10.3% | 13.4% |
| Net Profit YoY | 13.2% | -14.9% |
| EPS (diluted) | $4.10 | $0.52 |
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 | $13.5B | — | ||
| Q4 25 | $14.4B | — | ||
| Q3 25 | $12.9B | $22.6B | ||
| Q2 25 | $13.0B | — | ||
| Q1 25 | $12.2B | — | ||
| Q4 24 | $13.3B | — | ||
| Q3 24 | $11.7B | $19.9B | ||
| Q2 24 | $12.0B | — |
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.1B | $644.1M | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $994.0M | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $930.0M | $756.6M | ||
| Q2 24 | $905.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 13.2% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 16.5% | ||
| Q2 24 | — | — |
| Q1 26 | 10.5% | — | ||
| Q4 25 | 10.1% | — | ||
| Q3 25 | 10.3% | 5.4% | ||
| Q2 25 | 10.0% | — | ||
| Q1 25 | 10.4% | — | ||
| Q4 24 | 10.7% | — | ||
| Q3 24 | 10.1% | 7.8% | ||
| Q2 24 | 9.7% | — |
| Q1 26 | 8.3% | — | ||
| Q4 25 | 7.9% | — | ||
| Q3 25 | 8.2% | 2.9% | ||
| Q2 25 | 7.8% | — | ||
| Q1 25 | 8.1% | — | ||
| Q4 24 | 8.6% | — | ||
| Q3 24 | 8.0% | 3.8% | ||
| Q2 24 | 7.6% | — |
| Q1 26 | $4.10 | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $0.52 | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0.62 | ||
| 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 | $3.7B | $485.5B |
| Total DebtLower is stronger | $6.3B | $213.0M |
| Stockholders' EquityBook value | $26.1B | $9.5B |
| Total Assets | $59.0B | $44.2B |
| Debt / EquityLower = less leverage | 0.24× | 0.02× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $3.7B | — | ||
| Q4 25 | $2.3B | — | ||
| Q3 25 | $2.5B | $485.5B | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $2.1B | $5.1B | ||
| Q2 24 | $1.4B | — |
| Q1 26 | $6.3B | — | ||
| Q4 25 | $8.1B | — | ||
| Q3 25 | — | $213.0M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $8.8B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $26.1B | — | ||
| Q4 25 | $25.6B | — | ||
| Q3 25 | $24.4B | $9.5B | ||
| Q2 25 | $23.6B | — | ||
| Q1 25 | $22.2B | — | ||
| Q4 24 | $22.1B | — | ||
| Q3 24 | $23.0B | $9.5B | ||
| Q2 24 | $22.0B | — |
| Q1 26 | $59.0B | — | ||
| Q4 25 | $57.2B | — | ||
| Q3 25 | $57.6B | $44.2B | ||
| Q2 25 | $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 | — | 0.02× | ||
| 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 | — | $996.4M |
| Free Cash FlowOCF − Capex | $2.0B | $-264.6M |
| FCF MarginFCF / Revenue | 14.5% | -1.2% |
| Capex IntensityCapex / Revenue | 1.5% | 5.6% |
| Cash ConversionOCF / Net Profit | — | 1.55× |
| TTM Free Cash FlowTrailing 4 quarters | $6.2B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | — | ||
| Q3 25 | $2.1B | $996.4M | ||
| Q2 25 | $1.6B | — | ||
| Q1 25 | $-148.0M | — | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $814.0M | — |
| Q1 26 | $2.0B | — | ||
| Q4 25 | $952.0M | — | ||
| Q3 25 | $1.9B | $-264.6M | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $-290.0M | — | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $613.0M | — |
| Q1 26 | 14.5% | — | ||
| Q4 25 | 6.6% | — | ||
| Q3 25 | 14.7% | -1.2% | ||
| Q2 25 | 10.7% | — | ||
| Q1 25 | -2.4% | — | ||
| Q4 24 | 13.5% | — | ||
| Q3 24 | 10.4% | — | ||
| Q2 24 | 5.1% | — |
| Q1 26 | 1.5% | — | ||
| Q4 25 | 4.2% | — | ||
| Q3 25 | 1.6% | 5.6% | ||
| Q2 25 | 1.5% | — | ||
| Q1 25 | 1.2% | — | ||
| Q4 24 | 2.7% | — | ||
| Q3 24 | 1.7% | — | ||
| Q2 24 | 1.7% | — |
| Q1 26 | — | — | ||
| Q4 25 | 1.37× | — | ||
| Q3 25 | 1.99× | 1.55× | ||
| Q2 25 | 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.