Elbit Sys Ltd (ESLT) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Mar 17, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ESLT SEC filings page.
Elbit Sys Ltd (ESLT) reported $7.9B in revenue for fiscal year 2025, up 16.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Elbit Systems’ dominant mechanic is operating leverage: growth widened margins, strengthened cash generation, and reduced reliance on long-term borrowing.
Gross margin was24.4% in FY2025, while operating margin reached8.5% after a multi-year trough; this is operating leverage below gross profit, not evidence of a product-price shift. Net margin reached6.7% as interest expense fell to$146.4M , so bottom-line acceleration combined operating improvement with a smaller financing drag.
Cash conversion exceeded net income by 1.5x in FY2025, showing reported earnings were backed by cash rather than only accruals. Capital discipline is also visible: free cash flow reached
Balance-sheet funding shifted toward equity: long-term debt fell to
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Elbit Sys Ltd's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Elbit Sys Ltd has an operating margin of 8.5%, meaning the company retains $8 of operating profit per $100 of revenue. This strong profitability earns a score of 70/100, reflecting efficient cost management and pricing power. This is up from 7.2% the prior year.
Elbit Sys Ltd's revenue surged 16.3% year-over-year to $7.9B, reflecting rapid business expansion. This strong growth earns a score of 76/100.
Elbit Sys Ltd carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 95/100, indicating a strong balance sheet with room for future borrowing.
Elbit Sys Ltd's current ratio of 1.29 indicates adequate short-term liquidity, earning a score of 33/100. The company can meet its near-term obligations, though with limited headroom.
Elbit Sys Ltd has a free cash flow margin of 7.0%, earning a moderate score of 44/100. The company generates positive cash flow after capital investments, but with room for improvement.
Elbit Sys Ltd earns a strong 12.9% return on equity (ROE), meaning it generates $13 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 72/100. This is up from 9.8% the prior year.
Elbit Sys Ltd scores 3.65, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($33.2B) relative to total liabilities ($8.5B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Elbit Sys Ltd passes 8 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Elbit Sys Ltd generates $1.46 in operating cash flow ($778.4M OCF vs $534.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Elbit Sys Ltd earns $4.58 in operating income for every $1 of interest expense ($671.4M vs $146.4M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
Elbit Sys Ltd held $635.1M in cash against $18.0M in long-term debt as of Q4 2025, with $6.0B of liabilities due within a year.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
ESLT Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
ESLT Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2520-F | Q4'2420-F | Q4'2310-K | Q4'2210-K | Q4'2110-K | Q4'2010-K | Q4'1910-K | Q4'1810-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $12.7B+15.4% | $11.0B+12.6% | $9.7B+5.7% | $9.2B-1.1% | $9.3B+15.6% | $8.1B+9.9% | $7.3B+13.7% | $6.5B+36.8% |
| Current Assets | $7.7B+21.7% | $6.4B+15.4% | $5.5B+9.5% | $5.0B+1.0% | $5.0B+16.5% | $4.3B+16.4% | $3.7B+12.0% | $3.3B+25.6% |
| Cash & Equivalents | $635.1M+139.4% | $265.4M+34.4% | $197.4M-6.5% | $211.1M-18.5% | $259.0M-7.1% | $278.8M+26.1% | $221.1M+6.0% | $208.5M+33.6% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $3.1B+12.8% | $2.8B+20.7% | $2.3B+18.1% | $1.9B+16.5% | $1.7B+26.9% | $1.3B+7.9% | $1.2B+6.8% | $1.1B+26.5% |
| Accounts Receivable | $3.3B+13.2% | $2.9B+8.3% | $2.7B+5.5% | $2.6B-7.1% | $2.8B+9.9% | $2.5B+21.8% | $2.1B+20.7% | $1.7B+21.8% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $1.5B+0.4% | $1.5B-0.6% | $1.5B-0.2% | $1.5B-3.1% | $1.6B+17.8% | $1.3B-1.8% | $1.3B+31.1% | $1.0B+58.1% |
| Total Liabilities | $8.5B+10.9% | $7.7B+13.3% | $6.8B+5.1% | $6.5B-4.8% | $6.8B+16.2% | $5.8B+12.4% | $5.2B+12.5% | $4.6B+53.6% |
| Current Liabilities | $6.0B+12.5% | $5.3B+10.1% | $4.8B+12.8% | $4.3B+6.3% | $4.0B+11.1% | $3.6B+14.2% | $3.2B+9.0% | $2.9B+39.3% |
| Non-Current Liabilities | $2.6B+7.4% | $2.4B+21.1% | $2.0B-9.9% | $2.2B-20.6% | $2.7B+24.6% | $2.2B+10.1% | $2.0B+18.8% | $1.7B+85.7% |
| Long-Term Debt | $18.0M-34.3% | $27.4M-33.6% | $41.2M-84.4% | $264.5M-25.8% | $356.6M-12.8% | $408.8M-7.1% | $440.1M-5.9% | $467.6M+291.3% |
| Total Equity | $4.1B+26.0% | $3.3B+11.2% | $2.9B+7.0% | $2.8B+8.8% | $2.5B+14.1% | $2.2B+3.6% | $2.1B+16.9% | $1.8B+7.3% |
| Retained Earnings | $3.2B+15.0% | $2.7B+9.3% | $2.5B+5.3% | $2.4B+8.5% | $2.2B+9.7% | $2.0B+7.5% | $1.9B+10.1% | $1.7B+8.3% |
ESLT Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
ESLT Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Elbit Sys Ltd ESLT | FY2025 | $7.9B | $534.3M | 6.7% | $33.2B | 65/100 |
| Rocket Lab Usa Inc RKLB | FY2025 | $601.8M | -$198.2M | -32.9% | $42.1B | 61/100 |
| Curtiss Wright Corp CW | FY2025 | $3.5B | $484.2M | 13.8% | $21.2B | 70/100 |
| Bwx Technologies Inc BWXT | FY2025 | $3.2B | $328.9M | 10.3% | $14.7B | 64/100 |
| Textron TXT | FY2025 | $14.8B | $921.0M | 6.2% | $13.7B | 23/100 |
| L3Harris Technologies Inc LHX | FY2026 | N/A | $1.6B | N/A | $47.6B | — |
Where Elbit Sys Ltd Ranks
Frequently Asked Questions
What is Elbit Sys Ltd's annual revenue?
Elbit Sys Ltd (ESLT) reported $7.9B in total revenue for fiscal year 2025. This represents a 16.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Elbit Sys Ltd's revenue growing?
Elbit Sys Ltd (ESLT) revenue grew by 16.3% year-over-year, from $6.8B to $7.9B in fiscal year 2025.
Is Elbit Sys Ltd profitable?
Yes, Elbit Sys Ltd (ESLT) reported a net income of $534.3M in fiscal year 2025, with a net profit margin of 6.7%.
What is Elbit Sys Ltd's EBITDA?
Elbit Sys Ltd (ESLT) had EBITDA of $842.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Elbit Sys Ltd have?
As of fiscal year 2025, Elbit Sys Ltd (ESLT) had $635.1M in cash and equivalents against $18.0M in long-term debt.
What is Elbit Sys Ltd's gross margin?
Elbit Sys Ltd (ESLT) had a gross margin of 24.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Elbit Sys Ltd's operating margin?
Elbit Sys Ltd (ESLT) had an operating margin of 8.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Elbit Sys Ltd's net profit margin?
Elbit Sys Ltd (ESLT) had a net profit margin of 6.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Elbit Sys Ltd's return on equity (ROE)?
Elbit Sys Ltd (ESLT) has a return on equity of 12.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Elbit Sys Ltd's free cash flow?
Elbit Sys Ltd (ESLT) generated $552.8M in free cash flow during fiscal year 2025. This represents a 73.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Elbit Sys Ltd's operating cash flow?
Elbit Sys Ltd (ESLT) generated $778.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Elbit Sys Ltd's total assets?
Elbit Sys Ltd (ESLT) had $12.7B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Elbit Sys Ltd's capital expenditures?
Elbit Sys Ltd (ESLT) invested $225.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Elbit Sys Ltd spend on research and development?
Elbit Sys Ltd (ESLT) invested $599.6M in research and development during fiscal year 2025.
What is Elbit Sys Ltd's current ratio?
Elbit Sys Ltd (ESLT) had a current ratio of 1.29 as of fiscal year 2025, which is considered adequate.
What is Elbit Sys Ltd's debt-to-equity ratio?
Elbit Sys Ltd (ESLT) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Elbit Sys Ltd's return on assets (ROA)?
Elbit Sys Ltd (ESLT) had a return on assets of 4.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Elbit Sys Ltd's P/E ratio?
Elbit Sys Ltd (ESLT) trades at 62.1x earnings, its market capitalization divided by net income of $534.3M net income, FY2025. The market capitalization is $33.2B as of Sep 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Elbit Sys Ltd's price-to-sales ratio?
Elbit Sys Ltd (ESLT) trades at 4.2x sales, its market capitalization divided by revenue of $7.9B revenue, FY2025. The market capitalization is $33.2B as of Sep 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Elbit Sys Ltd's Altman Z-Score?
Elbit Sys Ltd (ESLT) has an Altman Z-Score of 3.65, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Elbit Sys Ltd's Piotroski F-Score?
Elbit Sys Ltd (ESLT) has a Piotroski F-Score of 8 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Elbit Sys Ltd's earnings high quality?
Elbit Sys Ltd (ESLT) has an earnings quality ratio of 1.46x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Elbit Sys Ltd cover its interest payments?
Elbit Sys Ltd (ESLT) has an interest coverage ratio of 4.58x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Elbit Sys Ltd?
Elbit Sys Ltd (ESLT) scores 65 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.