Saturday 17 October 2026 Export ESLT’s income statement to Excel — free account

Elbit Systems Ltd.

Elbit Systems Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $7.9 billion, up 16.3% from fiscal 2024. In the quarter to June 2026, revenue grew 15.9%, EPS grew 34.4%, free cash flow grew 113.9% and total debt fell 18.1%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for ten.

755.43 13.82 +1.86%

Follow ESLT

Alert me

Market cap: $34.8B
P/E: 55.2×
Fwd P/E: 53.2×
Dividend yield: 0.50%
F-score: 8/9
Altman Z: 3.17
Beneish M: −2.46
Dividend safety: 92/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 61.88

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	7	—	—	—	—	—	—

Insider Ownership 41.11%

Capital & Financial Ratios $m

Market Cap 34,760.00

Revenue 8,546.07

Net Income 636.61

Free Cash Flow 683.50

Net Debt (695.42)

Current Ratio 1.39

Debt/Equity 0.06

P/E ratio 55.22

Fwd P/E 53.20

P/S ratio 4.13

P/B ratio 8.29

Past 5Y EPS Growth 16.18%

This Y EPS Growth 29.02%

Next Y EPS Growth 19.69%

Next Y revenue growth 14.69%

Next 5Y EPS Growth 21.23%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 93.77%

10-year low 10-year high

P/S against its own 10 years 95.39%

10-year low 10-year high

P/B against its own 10 years 95.95%

10-year low 10-year high

EV/Sales against its own 10 years 95.36%

10-year low 10-year high

EV/FCF against its own 10 years 66.44%

10-year low 10-year high

Dividends

Payout Ratio 0.28

Annual Dividend Rate 3.75

Annual Dividend Yield 0.50%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	4.03	1.00 1.00 1.00
2025	2.70	0.60 0.60 0.75 0.75
2024	2.00	0.50 0.50 0.50 0.50
2023	2.50	0.50 0.50 0.50 0.50 0.50
2022	2.00	0.50 0.50 0.50 0.50
2021	1.80	0.44 0.44 0.46 0.46
2020	1.67	0.44 0.35 0.44 0.44
2019	2.20	0.44 0.44 0.44 0.44 0.44
2018	2.20	0.44 0.44 0.44 0.44 0.44
2017	1.76	0.44 0.44 0.44 0.44
2016	2.40	0.40 0.40 0.40 0.40 0.40 0.40

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	208	267	816	963
Receivables	3,002	3,315	3,790	4,666
Inventory	2,298	2,774	3,130	3,237
Other	—	—	—	—
	5,508	6,355	7,735	8,866

	2023	2024	2025	Q'26
Payables	1,254	1,344	1,512	1,688
ST’ Debt	75	75	83	88
Other	1,656	2,149	2,683	2,793
	4,824	5,311	5,976	6,356

Compound Annual Growth %

	10y	5y	3y
Sales	9.83%	11.23%	12.93%
Cash Flow	6.00%	22.79%	48.01%
Earnings	10.19%	17.59%	24.72%
Book Value	11.43%	13.10%	14.41%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	2,189	2,287	—	—	—
’25	1,896	1,973	1,922	2,149	7,939
’24	1,554	1,626	1,718	1,930	6,828
’23	1,393	1,454	1,502	1,626	5,975
’22	1,353	1,303	1,349	1,506	5,512
’21	1,118	1,302	1,364	1,494	5,279
’20	1,071	1,079	1,134	1,378	4,663

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	281	237	—	—	—
’25	184	120	157	317	778
’24	(6)	32	57	452	535
’23	(73)	(138)	11	314	114
’22	35	(169)	178	195	240
’21	(13)	170	0	260	417
’20	(10)	179	(63)	172	279

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	210	151	—	—	—
’25	161	71	102	220	554
’24	(82)	(3)	6	403	324
’23	(109)	(198)	(50)	285	(72)
’22	(9)	(222)	110	180	60
’21	(46)	152	(45)	193	254
’20	(41)	222	(96)	133	219

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	3.34	3.61	—	—	—
’25	2.35	2.69	2.80	3.52	11.39
’24	1.65	1.76	1.77	2.00	7.18
’23	1.40	1.40	1.36	0.67	4.82
’22	1.19	1.82	1.26	1.91	6.18
’21	1.64	2.30	2.08	0.18	6.20
’20	1.44	2.02	0.38	1.53	5.38

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	79.71	101.36	109.81	113.58	110.00	122.85	159.00	162.01	175.30	258.71	Analyst estimates 2026–2028 Powerpack
	High	105.50	153.13	151.91	167.75	163.81	177.71	244.59	225.22	266.35	586.34
People
People	Employees	12,470	12,781	16,149	16,575	16,676	17,787	18,407	18,984	19,712	20,537
	Revenue/emp, $m	0.26	0.26	0.23	0.27	0.28	0.30	0.30	0.31	0.35	0.39
Income, $m
Income, $m	Revenue	3,260	3,378	3,684	4,508	4,663	5,279	5,512	5,975	6,828	7,939
	Gross margin, %	29.43	29.70	26.50	25.21	24.99	25.73	24.92	24.82	24.05	24.38
	EBT	279	285	237	246	262	383	293	226	342	562
	EBT margin, %	8.56	8.43	6.44	5.46	5.62	7.26	5.31	3.79	5.01	7.08
	Net income	239	241	209	229	238	275	275	216	322	536
	Depreciation	123	114	118	137	144	153	162	165	159	172
Per share, $
Per share, $	Revenue	76.28	79.01	86.09	102.96	105.49	119.41	124.35	134.64	153.50	173.67
	Earnings	5.54	5.59	4.84	5.20	5.38	6.21	6.21	4.85	7.22	11.69
	Cash flow	4.87	2.36	4.48	(1.22)	6.31	9.43	5.42	2.56	12.02	17.03
	Capex	(2.54)	(2.38)	(2.29)	5.57	(1.36)	(3.68)	(4.07)	(4.18)	(4.74)	(4.91)
	Free cash flow	2.33	(0.02)	2.19	4.35	4.95	5.75	1.35	(1.62)	7.28	12.12
	Book value	36.67	40.19	43.34	49.33	50.49	57.60	62.22	66.49	73.76	90.35
	Shares, m	43	43	43	44	44	44	44	44	44	46
Valuation, ×
Valuation, ×	P/E	18.40	24.29	23.56	29.76	24.36	28.04	27.05	43.68	35.74	49.50
	P/S	1.34	1.72	1.32	1.51	1.24	1.46	1.35	1.58	1.68	3.33
	P/B	2.78	3.38	2.63	3.14	2.59	3.02	2.70	3.19	3.50	6.39
	EV/Sales	1.38	1.76	1.42	1.60	1.27	1.59	1.45	1.62	1.70	3.27
	EV/FCF	45.33	(8,290.64)	55.90	37.80	27.12	33.07	133.52	(134.59)	35.82	46.81
Cash, $m
Cash, $m	Operating cash flow	208	101	192	(53)	279	417	240	114	535	778
	Capex	(108)	(102)	(98)	244	(60)	(163)	(180)	(186)	(211)	(224)
	Free cash flow	100	(1)	94	191	219	254	60	(72)	324	554
Balance, $m
Balance, $m	Working capital	497	522	369	499	651	956	754	684	1,044	1,759
	Total debt	400	312	586	640	427	964	757	459	380	339
	Net debt	155	139	362	417	146	703	544	251	114	(477)
	Shareholders’ equity	1,567	1,718	1,854	2,160	2,231	2,546	2,758	2,950	3,281	4,130
Returns, %
Returns, %	ROA	5.59	5.27	3.70	3.31	3.09	3.16	2.97	2.27	3.10	4.52
	ROIC	10.85	10.92	8.26	7.80	8.56	8.05	6.96	7.21	9.00	11.49
	ROE	15.97	14.56	11.57	11.35	10.82	11.48	10.39	7.54	10.31	14.42

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
TDG Transdigm Group Incorporated	$62.7B	34.6×	35.3×	+22.53% (above 0%: growing)	+10.86% (above 0%: growing)	+13.44% (above 0%: growing)	59.39%	44.76%	Compare
LHX L3Harris Technologies Inc	$44.8B	25.0×	26.5×	+8.39% (above 0%: growing)	+28.57% (above 0%: growing)	+37.43% (above 0%: growing)	25.54%	11.12%	Compare
HEI Heico Corporation	$36.7B	51.0×	55.0×	+23.13% (above 0%: growing)	+33.07% (above 0%: growing)	+47.74% (above 0%: growing)	41.12%	25.14%	Compare
HEI.A Heico Corporation	$36.6B	38.3×	55.0×	+23.13% (above 0%: growing)	+33.07% (above 0%: growing)	+47.74% (above 0%: growing)	41.12%	25.14%	Compare
ESLT Elbit Systems Ltd.	$34.8B	55.2×	53.2×	+15.94% (above 0%: growing)	+34.42% (above 0%: growing)	+113.91% (above 0%: growing)	25.32%	9.57%
AXON Axon Enterprise, Inc	$33.9B	157×	136×	+35.28% (above 0%: growing)	−19.57% (below 0%: shrinking)	+99.15% (above 0%: growing)	60.42%	5.17%	Compare
RKLB Rocket Lab Corporation	$33.1B	— (loss-making)	— (loss-making)	+61.99% (above 0%: growing)	n/m	−99.66% (below 0%: shrinking)	36.13%	(24.57%)	Compare
WWD Woodward, Inc.	$19.7B	35.5×	38.5×	+21.22% (above 0%: growing)	+35.71% (above 0%: growing)	−12.15% (below 0%: shrinking)	31.53%	16.66%	Compare
CW Curtiss-Wright Corporation	$18.5B	34.4×	48.5×	+5.41% (above 0%: growing)	+27.41% (above 0%: growing)	+37.04% (above 0%: growing)	39.40%	19.34%	Compare
Median of peers	$35.2B	35.5×	48.5×	+22.83%	+28.57%	+37.24%	40.26%	18.00%

All 82 Aerospace & Defense stocks →

Elbit Systems Ltd. (ESLT) key facts

Strength: Elbit Systems Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $7.9 billion, up 16.3% from fiscal 2024.
Strength: Net income was $535.6 million, or $11.69 per share (basic), a net margin of 6.73%.
Elbit Systems Ltd. (ESLT) is an Aerospace & Defense company in the Industrials sector, listed on Nasdaq.
As of October 16, 2026, ESLT traded at $755.43, a market capitalization of $34.8 billion.
At that price the stock trades at 55.2× trailing-twelve-month earnings and 4.1× sales; its P/E is higher than 94% of its own readings over the past ten years.
Elbit Systems Ltd. pays an annual dividend of $3.75 per share, a yield of 0.50%, with a payout ratio of 28.3%.
Return on equity was 14.4% and debt-to-equity 0.06.
Its Piotroski F-score is 8 out of 9 and its Altman Z-score is 3.17 (safe zone) for fiscal 2025.