ESLT
Elbit Systems Ltd
NASDAQ: ESLT · INDUSTRIALS · AEROSPACE & DEFENSE
$839.34
+2.42% today
Updated 2026-04-30
Market cap
$38.31B
P/E ratio
72.01
P/S ratio
4.83x
EPS (TTM)
$11.38
Dividend yield
0.49%
52W range
$368 – $1,015
Volume
0.2M
Elbit Systems Ltd (ESLT) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.61B | $2.12B | $2.50B | $2.94B | $2.81B | $2.64B | $2.99B | $3.04B | $2.72B | $3.10B | $3.25B | $3.50B | $3.54B | $4.65B | $4.99B | $5.49B | $5.26B | $6.07B | $6.94B | $8.59B |
| Revenue growth (YoY) | — | +31.4% | +18.3% | +17.4% | -4.2% | -6.3% | +13.2% | +1.9% | -10.6% | +14.1% | +4.8% | +7.6% | +1.3% | +31.1% | +7.4% | +10.0% | -4.1% | +15.3% | +14.3% | +23.9% |
| Cost of revenue | $1.22B | $1.55B | $1.77B | $2.06B | $1.98B | $1.95B | $2.14B | $2.19B | $1.96B | $2.21B | $2.29B | $2.46B | $2.60B | $3.44B | $3.76B | $4.08B | $3.95B | $4.56B | $5.27B | $6.50B |
| Gross profit | $394.73M | $562.42M | $727.89M | $880.78M | $830.19M | $685.00M | $843.27M | $853.81M | $762.69M | $895.71M | $957.12M | $1.04B | $939.22M | $1.21B | $1.22B | $1.41B | $1.31B | $1.51B | $1.67B | $2.09B |
| Gross margin | 24.5% | 26.6% | 29.1% | 30.0% | 29.5% | 26.0% | 28.2% | 28.1% | 28.0% | 28.9% | 29.4% | 29.7% | 26.5% | 26.1% | 24.6% | 25.7% | 24.9% | 24.8% | 24.0% | 24.4% |
| R&D | $97.48M | $135.57M | $175.45M | $224.74M | $246.74M | $225.61M | $241.23M | $229.28M | $209.60M | $243.05M | $255.14M | $274.63M | $276.47M | $380.29M | $458.64M | $465.55M | $479.09M | $510.55M | $552.81M | $649.01M |
| SG&A | $189.38M | $264.86M | $332.46M | $119.31M | $131.20M | $139.35M | $137.52M | $129.51M | $139.63M | $145.69M | $151.35M | $133.31M | $160.35M | $214.75M | $223.94M | $267.36M | $313.05M | $336.88M | $311.01M | $730.93M |
| Operating income | $97.09M | $144.11M | $237.12M | $272.13M | $202.85M | $108.24M | $209.87M | $244.99M | $225.69M | $268.18M | $280.68M | $336.14M | $238.10M | $298.66M | $226.67M | $364.96M | $221.93M | $375.34M | $504.91M | $756.15M |
| Operating margin | 6.0% | 6.8% | 9.5% | 9.3% | 7.2% | 4.1% | 7.0% | 8.1% | 8.3% | 8.6% | 8.6% | 9.6% | 6.7% | 6.4% | 4.5% | 6.7% | 4.2% | 6.2% | 7.3% | 8.8% |
| EBITDA | $154.63M | $227.94M | $433.41M | $396.69M | $349.53M | $264.11M | $357.85M | $374.88M | $330.53M | $386.25M | $424.00M | $438.62M | $374.87M | $435.18M | $465.97M | $576.65M | $478.78M | $508.77M | $599.55M | $941.72M |
| EBITDA margin | 9.6% | 10.8% | 17.3% | 13.5% | 12.4% | 10.0% | 12.0% | 12.3% | 12.2% | 12.4% | 13.0% | 12.5% | 10.6% | 9.4% | 9.3% | 10.5% | 9.1% | 8.4% | 8.6% | 11.0% |
| EBIT | $92.80M | $121.81M | $310.64M | $266.98M | $210.27M | $123.16M | $214.40M | $240.37M | $218.00M | $264.08M | $301.43M | $320.48M | $261.14M | $293.70M | $311.28M | $417.50M | $324.78M | $341.38M | $438.63M | $756.15M |
| Interest expense | $22.29M | $25.11M | $21.04M | $15.59M | $13.00M | $16.77M | $31.41M | $29.25M | $34.63M | $15.90M | $22.95M | $25.35M | $32.80M | $39.63M | $71.27M | $18.90M | $51.36M | $76.47M | $132.67M | $47.25M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $76.35M | $81.89M | $193.65M | $222.87M | $193.38M | $84.49M | $173.52M | $190.01M | $157.17M | $202.21M | $236.30M | $247.74M | $198.91M | $235.05M | $254.55M | $285.19M | $263.00M | $218.51M | $326.25M | $578.41M |
| Net income growth (YoY) | — | +7.2% | +136.5% | +15.1% | -13.2% | -56.3% | +105.4% | +9.5% | -17.3% | +28.7% | +16.9% | +4.8% | -19.7% | +18.2% | +8.3% | +12.0% | -7.8% | -16.9% | +49.3% | +77.3% |
| Profit margin | 4.7% | 3.9% | 7.7% | 7.6% | 6.9% | 3.2% | 5.8% | 6.2% | 5.8% | 6.5% | 7.3% | 7.1% | 5.6% | 5.1% | 5.1% | 5.2% | 5.0% | 3.6% | 4.7% | 6.7% |