Elbit Systems Ltd. (ESLT) vs FTAI Aviation Ltd. (FTAI)

Elbit Systems Ltd. and FTAI Aviation Ltd. are both Aerospace & Defense companies. Elbit Systems Ltd. is the larger, with a market value of $32.9B against $18.2B — 1.8× the size. FTAI Aviation Ltd. trades at the lower P/E: 37.6× against 53.7×. FTAI Aviation Ltd. grew revenue faster over the last twelve months: 45.3% against 13.7%. FTAI Aviation Ltd. has the higher net margin (15.3% vs 7.44%) and the lower return on invested capital (8.84% vs 13.3%). Both pay a dividend; FTAI Aviation Ltd. yields more (1.89% vs 0.98%). Across the 23 metrics below, FTAI Aviation Ltd. leads on 16 and Elbit Systems Ltd. on 7.

Valuation

Metric ESLT FTAI Aerospace & Defense median
P/E 53.73 37.57 33.00
P/S 4.02 5.77 3.63
P/B 8.07 44.46 3.24
Price to free cash flow 50.29 29.81 34.01
EV/EBITDA 34.80 21.03 18.69
EV/Sales 3.94 6.77 3.94
Earnings yield 1.86% 2.66% 1.31%
Free cash flow yield 1.99% 3.35% 0.00%

Profitability

Metric ESLT FTAI Aerospace & Defense median
Gross margin 25.03% 39.23% 25.48%
Operating margin 9.22% 23.93% 4.54%
Net margin 7.44% 15.34% 2.22%
Free cash flow margin 8.00% 19.36% 0.00%
Return on equity 0.00% 167.93% 6.43%
Return on assets 4.90% 11.12% 2.70%
Return on invested capital 13.26% 8.84% 1.56%

Growth

Metric ESLT FTAI Aerospace & Defense median
Revenue growth (TTM) 13.70% 45.26% 18.43%
EPS growth (last fiscal year) 58.64% 1,537.50% —
Revenue growth, 5-year CAGR 11.23% 53.12% 9.62%
Net income growth, 5-year CAGR 17.59% 0.00% 0.00%

Health

Metric ESLT FTAI Aerospace & Defense median
Debt to equity 0.06 8.55 0.24
Current ratio 1.39 5.28 2.72
Net debt to EBITDA (0.57) 3.08 1.12

Dividend

Metric ESLT FTAI Aerospace & Defense median
Dividend yield 0.98% 1.89% 1.04%
Payout ratio 0.34 1.58 0.00

Size

Metric ESLT FTAI Aerospace & Defense median
Market cap 32.94b 18.16b 2.52b

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