Elbit Systems Ltd. (ESLT) vs Woodward, Inc. (WWD)

Elbit Systems Ltd. and Woodward, Inc. are both Aerospace & Defense companies. Elbit Systems Ltd. is the larger, with a market value of $34.8B against $19.7B — 1.8× the size. Woodward, Inc. trades at the lower P/E: 35.5× against 55.2×. Woodward, Inc. grew revenue faster over the last twelve months: 22.4% against 13.7%. Woodward, Inc. has the higher net margin (13.2% vs 7.44%) and the lower return on invested capital (12.3% vs 13.3%). Both pay a dividend; Elbit Systems Ltd. yields more (0.50% vs 0.38%). Across the 22 metrics below, Woodward, Inc. leads on 12 and Elbit Systems Ltd. on 10.

Valuation

Metric ESLT WWD Aerospace & Defense median
P/E 55.22 35.52 31.81
P/S 4.13 4.66 3.55
P/B 8.29 7.90 2.59
Price to free cash flow 51.69 51.87 31.99
EV/EBITDA 35.79 26.29 18.08
EV/Sales 4.05 4.87 3.37
Earnings yield 1.81% 2.82% 1.38%
Free cash flow yield 1.93% 1.93% 0.21%

Profitability

Metric ESLT WWD Aerospace & Defense median
Gross margin 25.03% 29.47% 25.48%
Operating margin 9.22% 15.64% 4.54%
Net margin 7.44% 13.17% 2.22%
Free cash flow margin 8.00% 8.98% 1.43%
Return on equity 0.00% 22.34% 6.43%
Return on assets 4.90% 11.14% 2.70%
Return on invested capital 13.26% 12.27% 1.56%

Growth

Metric ESLT WWD Aerospace & Defense median
Revenue growth (TTM) 13.70% 22.35% 18.43%
EPS growth (last fiscal year) 58.64% 19.63% 24.27%
Revenue growth, 5-year CAGR 11.23% 7.41% 9.73%
Net income growth, 5-year CAGR 17.59% 12.96% 0.00%

Health

Metric ESLT WWD Aerospace & Defense median
Debt to equity 0.06 0.54 0.24
Current ratio 1.39 1.65 2.72
Net debt to EBITDA (0.57) 0.63 1.12

Dividend

Metric ESLT WWD Aerospace & Defense median
Dividend yield 0.50% 0.38% 0.90%
Payout ratio 0.28 0.14 0.32

Size

Metric ESLT WWD Aerospace & Defense median
Market cap 34.76b 19.68b 2.19b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack