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Elbit Systems (ESLT) Financials

Elbit Systems logo
$385.41 +6.48 (+1.71%)
Closing price 05/27/2025 04:00 PM Eastern
Extended Trading
$387.54 +2.13 (+0.55%)
As of 04:19 AM Eastern
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Annual Income Statements for Elbit Systems

Annual Income Statements for Elbit Systems

This table shows Elbit Systems' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Income / (Loss) Attributable to Common Shareholders
321 215 275 274 238 228 207 239 237 203 171
Consolidated Net Income / (Loss)
322 216 275 275 238 229 209 241 239 207 179
Net Income / (Loss) Continuing Operations
322 216 275 275 238 229 209 241 0.00 0.00 0.00
Total Pre-Tax Income
342 226 293 383 262 246 237 285 279 249 199
Total Operating Income
489 369 367 419 326 322 293 324 305 269 247
Total Gross Profit
1,642 1,483 1,373 1,358 1,165 1,136 976 1,003 965 897 825
Total Revenue
6,828 5,975 5,512 5,279 4,663 4,508 3,684 3,378 3,260 3,108 2,958
Operating Revenue
6,828 5,975 5,512 5,279 4,663 4,508 3,684 3,378 3,260 3,108 2,958
Total Cost of Revenue
5,186 4,492 4,138 3,920 3,497 3,372 2,708 2,375 2,295 2,211 2,133
Operating Cost of Revenue
5,186 4,492 4,138 3,920 3,497 3,372 2,708 2,375 2,295 2,211 2,133
Total Operating Expenses
1,153 1,114 1,006 940 839 815 683 679 661 628 578
Selling, General & Admin Expense
311 330 313 267 224 215 160 133 151 146 140
Marketing Expense
375 359 326 292 291 301 281 280 271 239 217
Research & Development Expense
466 424 436 395 360 332 287 265 256 243 228
Other Operating Expenses / (Income)
0.00 0.00 -69 -15 -35 -33 -45 0.00 -18 0.00 -5.95
Total Other Income / (Expense), net
-147 -143 -75 -35 -64 -75 -56 -40 -25 -20 -47
Interest Expense
151 138 51 40 71 69 44 - - - -
Other Income / (Expense), net
3.82 -4.79 -24 5.34 7.41 -6.24 -11 -40 -25 -20 -47
Income Tax Expense
39 23 24 131 36 19 26 56 46 46 26
Other Gains / (Losses), net
19 12 7.04 23 13 1.77 -2.22 11 239 207 179
Net Income / (Loss) Attributable to Noncontrolling Interest
0.73 0.73 0.02 0.31 0.33 0.80 1.92 1.51 1.90 4.35 8.43
Basic Earnings per Share
$7.22 $4.85 $6.21 $6.21 $5.38 $5.20 $4.83 $5.59 $5.54 $4.74 $4.01
Weighted Average Basic Shares Outstanding
44.48M 44.38M 44.32M 44.20M 44.20M 43.79M 42.79M 42.79M 42.74M 42.71M 42.65M
Diluted Earnings per Share
$7.18 $4.82 $6.18 $6.20 $5.38 $5.20 $4.83 $5.59 $5.54 $4.74 $4.01
Weighted Average Diluted Shares Outstanding
44.71M 44.59M 44.58M 44.28M 44.22M 43.85M 42.79M 42.79M 42.75M 42.73M 42.68M
Weighted Average Basic & Diluted Shares Outstanding
44.55M 44.34M 88.69M 44.26M 88.40M 44.20M 42.75M 42.75M 42.75M 42.73M 42.69M

Quarterly Income Statements for Elbit Systems

No quarterly income statements for Elbit Systems are available.


Annual Cash Flow Statements for Elbit Systems

This table details how cash moves in and out of Elbit Systems' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Change in Cash & Equivalents
68 -14 -62 -20 58 13 52 -67 -77 99 8.67
Net Cash From Operating Activities
535 114 240 417 279 -53 192 101 208 435 178
Net Cash From Continuing Operating Activities
535 114 226 417 279 -53 192 101 208 435 178
Net Income / (Loss) Continuing Operations
322 216 275 275 238 229 209 241 239 207 179
Consolidated Net Income / (Loss)
322 216 275 275 238 229 209 241 239 207 179
Depreciation Expense
158 165 161 153 144 137 118 114 123 122 122
Amortization Expense
0.49 0.58 0.77 0.40 -0.05 -0.09 -0.09 -0.09 -0.09 -0.09 -0.09
Non-Cash Adjustments To Reconcile Net Income
-489 -94 27 -437 -531 -289 -128 -316 -319 21 5.83
Changes in Operating Assets and Liabilities, net
543 -173 -238 426 427 -130 -7.56 63 165 85 -130
Net Cash From Investing Activities
-179 -211 -152 -588 -23 -107 -593 -116 -118 -182 -80
Net Cash From Continuing Investing Activities
-179 -211 -152 -588 -23 -107 -593 -116 -118 -182 -80
Purchase of Property, Plant & Equipment
-215 -187 -205 -189 -132 -138 -102 -108 -124 -99 -71
Acquisitions
7.38 -10 69 -446 0.22 -357 -507 -25 -1.54 -141 0.00
Purchase of Investments
6.32 -15 -1.90 -1.83 -8.21 -11 -18 -47 -45 -81 -95
Sale of Property, Plant & Equipment
4.11 1.47 25 26 72 37 4.39 6.27 16 12 25
Divestitures
-0.18 0.08 0.19 - 0.22 -0.04 -0.10 - - - 0.79
Sale and/or Maturity of Investments
19 0.15 12 22 45 17 30 59 38 129 60
Other Investing Activities, net
0.00 0.00 -51 0.48 - 345 0.00 0.00 - - -
Net Cash From Financing Activities
-288 83 -136 151 -198 173 454 -52 -167 -154 -89
Net Cash From Continuing Financing Activities
-288 83 -136 151 -198 173 454 -52 -167 -154 -89
Repayment of Debt
-235 -161 -89 -821 -322 -300 -56 -223 -104 -283 -401
Payment of Dividends
-89 -89 -87 -79 -78 -63 -75 -75 -68 -70 -68
Issuance of Debt
36 334 40 1,052 202 350 585 246 5.03 197 377
Other Financing Activities, net
0.03 0.03 0.02 0.02 0.00 - 0.05 0.12 0.51 1.62 3.54
Cash Interest Paid
76 67 26 19 - - 30 16 6.25 3.63 5.08
Cash Income Taxes Paid
35 31 76 38 - - 26 48 29 37 17

Quarterly Cash Flow Statements for Elbit Systems

No quarterly cash flow statements for Elbit Systems are available.


Annual Balance Sheets for Elbit Systems

This table presents Elbit Systems' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Total Assets
10,972 9,740 9,216 9,317 8,058 7,335 6,451 4,715 4,352 4,124 4,021
Total Current Assets
6,355 5,508 5,032 4,980 4,273 3,672 3,279 2,611 2,421 2,283 2,249
Cash & Equivalents
265 197 211 259 279 221 208 156 223 299 200
Accounts Receivable
2,943 2,717 2,575 2,770 2,520 2,068 1,713 1,407 1,233 942 929
Inventories, net
2,774 2,298 1,946 1,670 1,317 1,220 1,142 903 840 837 869
Prepaid Expenses
372 285 299 279 156 161 199 129 103 171 146
Other Current Assets
1.33 - 1.04 - - - - - 8.88 20 79
Plant, Property, & Equipment, net
1,277 1,088 949 903 787 767 687 496 474 450 442
Total Noncurrent Assets
3,339 3,144 3,235 3,435 2,998 2,897 2,485 1,608 1,457 1,391 1,331
Long-Term Investments
126 145 160 183 184 202 196 172 181 130 125
Noncurrent Note & Lease Receivables
584 452 487 450 381 317 706 333 206 168 231
Goodwill
1,491 1,499 1,502 1,551 1,317 1,341 1,023 647 617 623 505
Intangible Assets
355 391 433 469 280 295 239 106 109 148 133
Noncurrent Deferred & Refundable Income Taxes
34 23 20 65 119 89 43 51 80 53 60
Other Noncurrent Operating Assets
750 633 633 718 717 653 279 299 264 270 277
Total Liabilities & Shareholders' Equity
10,972 9,740 9,216 9,317 8,058 7,335 6,451 4,715 4,352 4,124 4,021
Total Liabilities
7,691 6,789 6,458 6,771 5,827 5,176 4,596 2,997 2,785 2,724 2,782
Total Current Liabilities
5,311 4,824 4,277 4,024 3,622 3,173 2,910 2,089 1,924 1,638 1,624
Short-Term Debt
525 652 192 106 331 408 271 201 234 113 83
Accounts Payable
1,344 1,254 1,068 1,024 1,007 926 776 634 514 347 370
Accrued Expenses
1,208 1,194 1,171 1,314 1,218 1,052 1,082 835 829 740 759
Current Deferred Revenue
2,149 1,656 - 1,503 1,000 724 781 419 347 437 413
Other Current Liabilities
85 67 1,846 77 66 63 0.00 - - - -
Total Noncurrent Liabilities
2,379 1,965 2,181 2,747 2,204 2,003 1,686 908 860 1,086 1,158
Long-Term Debt
306 384 680 885 409 440 524 244 172 393 515
Noncurrent Deferred Revenue
817 354 - 294 169 63 - - 175 168 120
Noncurrent Deferred & Payable Income Tax Liabilities
74 55 73 141 132 114 79 68 60 45 68
Noncurrent Employee Benefit Liabilities
454 510 618 884 914 837 737 413 376 382 397
Other Noncurrent Operating Liabilities
728 661 810 542 580 549 346 182 78 100 58
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
3,281 2,950 2,758 2,546 2,231 2,160 1,854 1,718 1,567 1,399 1,239
Total Preferred & Common Equity
3,278 2,948 2,755 2,532 2,218 2,141 1,832 1,708 1,560 1,391 1,227
Total Common Equity
3,278 2,948 2,755 2,532 2,218 2,141 1,832 1,708 1,560 1,391 1,227
Common Stock
472 456 444 434 428 424 276 274 274 274 272
Retained Earnings
2,741 2,509 2,383 2,196 2,001 1,862 1,692 1,562 1,398 1,230 1,092
Accumulated Other Comprehensive Income / (Loss)
64 -18 -72 -98 -211 -145 -95 -88 -72 -72 -97
Noncontrolling Interest
3.44 2.79 2.45 15 13 18 22 9.66 7.40 8.05 12

Quarterly Balance Sheets for Elbit Systems

No quarterly balance sheets for Elbit Systems are available.


Annual Metrics And Ratios for Elbit Systems

This table displays calculated financial ratios and metrics derived from Elbit Systems' official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Growth Metrics
- - - - - - - - - - -
Revenue Growth
14.28% 8.40% 4.41% 13.21% 3.42% 22.39% 9.05% 7.21% 4.91% 5.05% 1.13%
EBITDA Growth
23.04% 4.69% -12.36% 20.92% 5.54% 13.25% 0.18% -0.80% 8.41% 15.23% -3.15%
EBIT Growth
35.28% 5.93% -18.86% 27.24% 5.62% 12.08% -2.43% -48.99% 124.66% 49.19% -1.74%
NOPAT Growth
30.56% -1.60% 22.56% -1.87% -5.37% 13.86% -0.35% 4.88% 33.19% 3.22% 2.68%
Net Income Growth
49.11% -21.64% 0.29% 15.41% 4.08% 9.59% -13.29% 1.52% 15.44% 15.30% -6.27%
EPS Growth
48.96% -22.01% -0.32% 15.24% 3.46% 7.66% -27.01% 0.90% 33.76% 36.41% -7.60%
Operating Cash Flow Growth
370.16% -52.63% -42.42% 49.53% 622.96% -127.82% 89.96% -102.99% -52.16% 289.02% 6.51%
Free Cash Flow Firm Growth
911.94% -124.52% 155.34% -187.68% 710.51% 60.90% -109.63% 155.78% -1,365.10% 129.41% 201.14%
Invested Capital Growth
2.42% 11.49% 5.29% 23.47% -2.98% 15.92% 22.54% -83.09% 6.29% -1.38% -0.07%
Revenue Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBIT Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Income Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
24.05% 24.82% 24.92% 25.73% 24.99% 25.21% 26.50% 29.70% 29.61% 28.87% 27.89%
EBITDA Margin
9.55% 8.87% 9.18% 10.94% 10.24% 10.04% 21.69% 11.81% 24.66% 11.93% 10.88%
Operating Margin
7.16% 6.18% 6.67% 7.93% 6.99% 7.13% 7.95% 19.21% 9.35% 17.29% 16.69%
EBIT Margin
7.22% 6.10% 6.24% 8.03% 7.14% 7.00% 7.64% 16.87% 17.13% 8.00% 6.74%
Profit (Net Income) Margin
4.71% 3.61% 5.00% 5.20% 5.10% 5.07% 5.66% 7.12% 7.32% 13.31% 6.06%
Tax Burden Percent
94.18% 95.30% 94.16% 71.63% 90.90% 92.84% 87.92% 168.95% 85.53% 83.23% 179.87%
Interest Burden Percent
69.34% 62.17% 85.07% 90.47% 78.60% 78.10% 84.34% 200.00% 100.00% 100.00% 100.00%
Effective Tax Rate
11.43% 10.12% 8.25% 34.26% 13.92% 7.88% 11.14% 19.51% 32.68% 37.20% 25.69%
Return on Invested Capital (ROIC)
11.78% 9.63% 10.61% 9.82% 11.02% 12.31% 12.86% 10.59% 16.89% 14.83% 14.49%
ROIC Less NNEP Spread (ROIC-NNEP)
-8.05% -9.96% -1.14% 9.71% -1.11% -4.64% -17.69% -35.39% -44.35% 7.23% 1.16%
Return on Net Nonoperating Assets (RNNOA)
-1.45% -2.06% -0.23% 1.67% -0.18% -0.92% -1.18% -1.92% -0.79% 0.85% 0.26%
Return on Equity (ROE)
10.33% 7.56% 10.39% 11.50% 10.84% 11.39% 11.68% 9.63% 16.10% 15.68% 14.75%
Cash Return on Invested Capital (CROIC)
9.39% -1.23% 5.46% -11.18% 14.04% -2.43% -7.40% 126.05% -92.26% 16.22% 14.56%
Operating Return on Assets (OROA)
4.76% 3.84% 3.71% 4.88% 4.33% 4.58% 10.08% 6.28% 6.59% 6.10% 5.02%
Return on Assets (ROA)
3.11% 2.28% 2.97% 3.16% 3.09% 3.32% 7.47% 10.62% 5.64% 5.08% 9.02%
Return on Common Equity (ROCE)
10.32% 7.56% 10.35% 11.43% 10.76% 11.28% 23.16% 9.58% 16.02% 15.56% 14.57%
Return on Equity Simple (ROE_SIMPLE)
9.82% 7.32% 10.00% 10.85% 10.73% 10.68% 22.77% 14.09% 15.31% 14.87% 14.63%
Net Operating Profit after Tax (NOPAT)
433 332 337 275 280 296 260 261 255 219 215
NOPAT Margin
6.34% 5.55% 6.12% 5.21% 6.01% 6.57% 7.06% 7.73% 7.82% 14.07% 7.27%
Net Nonoperating Expense Percent (NNEP)
19.83% 19.59% 11.76% 0.11% 12.13% 16.95% 21.70% 91.97% 61.23% 7.60% 13.33%
Return On Investment Capital (ROIC_SIMPLE)
10.53% 8.32% 9.29% - - - - - - - -
Cost of Revenue to Revenue
75.95% 75.18% 75.08% 74.27% 75.01% 74.79% 147.00% 140.61% 70.39% 142.27% 144.22%
SG&A Expenses to Revenue
4.56% 5.53% 5.68% 5.07% 4.80% 4.76% 4.35% 3.95% 9.28% 4.69% 4.72%
R&D to Revenue
6.83% 7.10% 7.90% 7.48% 7.72% 7.36% 7.80% 15.69% 7.85% 7.83% 15.42%
Operating Expenses to Revenue
16.88% 18.64% 18.25% 17.80% 18.00% 18.07% 37.10% 20.09% 40.53% 40.45% 19.55%
Earnings before Interest and Taxes (EBIT)
493 364 344 424 333 315 281 285 558 249 199
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
652 530 506 577 477 452 399 399 402 371 322
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
3.49 3.18 2.58 2.98 2.52 2.96 2.51 3.11 2.56 4.95 1.87
Price to Tangible Book Value (P/TBV)
7.99 8.85 8.68 14.73 9.01 12.54 8.07 5.55 4.80 5.48 3.89
Price to Revenue (P/Rev)
1.68 1.57 1.29 1.43 1.20 1.41 1.25 3.17 1.23 2.21 0.78
Price to Earnings (P/E)
35.64 43.54 25.85 27.49 23.55 27.81 45.22 22.19 16.87 16.82 13.42
Dividend Yield
0.78% 0.95% 1.24% 1.05% 1.32% 1.19% 1.63% 1.42% 1.71% 1.80% 2.34%
Earnings Yield
2.81% 2.30% 3.87% 3.64% 4.25% 3.60% 4.49% 4.51% 5.93% 11.81% 7.45%
Enterprise Value to Invested Capital (EV/IC)
3.19 2.77 2.34 2.62 2.35 2.62 4.53 6.01 5.22 4.83 1.72
Enterprise Value to Revenue (EV/Rev)
1.74 1.68 1.38 1.54 1.26 1.50 1.36 3.24 1.22 2.26 0.86
Enterprise Value to EBITDA (EV/EBITDA)
18.24 18.98 15.07 14.04 12.32 14.98 12.51 13.58 9.93 9.38 7.93
Enterprise Value to EBIT (EV/EBIT)
24.12 27.59 22.17 19.12 17.67 21.49 17.77 19.01 29.08 28.44 12.79
Enterprise Value to NOPAT (EV/NOPAT)
27.44 30.30 22.61 29.46 20.99 22.88 38.79 41.89 15.67 15.91 11.86
Enterprise Value to Operating Cash Flow (EV/OCF)
22.24 88.40 31.75 19.44 21.10 0.00 26.08 53.67 19.20 16.16 14.35
Enterprise Value to Free Cash Flow (EV/FCFF)
34.44 0.00 43.98 0.00 16.47 0.00 0.00 7.04 0.00 14.55 11.80
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.25 0.35 0.32 0.39 0.33 0.39 0.86 0.52 0.26 0.36 0.48
Long-Term Debt to Equity
0.09 0.13 0.25 0.35 0.18 0.20 0.28 0.14 0.22 0.56 0.83
Financial Leverage
0.18 0.21 0.20 0.17 0.16 0.20 0.13 0.05 0.02 0.23 0.44
Leverage Ratio
3.32 3.32 3.49 3.64 3.51 3.43 3.13 5.52 5.71 3.09 6.54
Compound Leverage Factor
2.30 2.06 2.97 3.29 2.76 2.68 6.11 2.76 2.86 6.17 6.54
Debt to Total Capital
20.22% 25.99% 24.02% 28.02% 24.90% 28.20% 60.03% 20.60% 20.56% 53.12% 65.05%
Short-Term Debt to Total Capital
12.78% 16.35% 5.28% 3.01% 11.14% 13.57% 20.48% 9.30% 11.86% 11.90% 4.49%
Long-Term Debt to Total Capital
7.44% 9.64% 18.74% 25.02% 13.76% 14.63% 19.77% 22.59% 8.70% 41.22% 28.03%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.08% 0.07% 0.07% 0.41% 0.44% 0.61% 0.83% 0.89% 0.38% 0.42% 0.67%
Common Equity to Total Capital
79.70% 73.94% 75.91% 71.56% 74.66% 71.18% 138.31% 78.95% 79.07% 146.04% 133.62%
Debt to EBITDA
1.28 1.96 1.72 1.72 1.55 1.88 1.99 1.12 1.01 1.36 3.71
Net Debt to EBITDA
0.68 1.29 0.99 0.95 0.58 0.94 0.94 0.51 -0.03 0.35 1.52
Long-Term Debt to EBITDA
0.47 0.73 1.34 1.53 0.86 0.97 2.79 0.61 0.43 2.12 1.60
Debt to NOPAT
1.92 3.12 2.59 3.60 2.64 2.86 3.06 3.41 1.59 2.31 2.78
Net Debt to NOPAT
1.02 2.06 1.49 1.99 0.98 1.43 1.44 0.39 -0.05 0.59 2.28
Long-Term Debt to NOPAT
0.71 1.16 2.02 3.22 1.46 1.49 4.03 0.94 0.67 1.80 4.78
Altman Z-Score
2.13 2.01 1.84 1.84 1.74 1.93 1.75 5.17 2.41 4.63 1.96
Noncontrolling Interest Sharing Ratio
0.10% 0.09% 0.32% 0.58% 0.72% 1.01% 0.89% 0.52% 0.52% 0.77% 2.42%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
1.20 1.14 1.18 1.24 1.18 1.16 1.13 1.25 1.26 2.79 2.77
Quick Ratio
0.60 0.60 0.65 0.75 0.77 0.72 1.32 1.51 0.76 0.77 1.42
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
345 -43 173 -313 357 -59 -150 1,554 -2,785 239 216
Operating Cash Flow to CapEx
253.44% 61.28% 133.20% 255.98% 462.59% -52.83% 195.74% 198.59% 191.75% 496.31% 384.58%
Free Cash Flow to Firm to Interest Expense
2.28 -0.31 3.37 -7.75 5.01 -0.85 -3.40 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
3.54 0.83 4.67 10.32 3.91 -0.77 4.35 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
2.14 -0.52 1.17 6.29 3.07 -2.23 2.13 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.66 0.63 0.59 0.61 0.61 0.65 1.32 1.49 0.77 1.53 0.74
Accounts Receivable Turnover
2.41 2.26 2.06 2.00 2.03 2.38 2.36 2.56 6.00 6.64 6.75
Inventory Turnover
2.05 2.12 2.29 2.62 2.76 2.86 5.30 2.72 2.74 2.59 2.63
Fixed Asset Turnover
5.77 5.87 5.95 6.25 6.00 6.21 12.46 6.97 7.06 13.95 12.82
Accounts Payable Turnover
3.99 3.87 3.96 3.86 3.62 3.96 3.84 4.14 10.66 12.33 12.71
Days Sales Outstanding (DSO)
151.27 161.63 176.98 182.89 179.56 153.05 309.10 142.59 121.72 109.86 108.08
Days Inventory Outstanding (DIO)
178.48 172.45 159.50 139.05 132.36 127.83 137.84 133.97 133.39 281.68 287.67
Days Payable Outstanding (DPO)
91.42 94.34 92.24 94.54 100.90 92.14 199.65 176.41 68.51 59.20 57.42
Cash Conversion Cycle (CCC)
238.33 239.73 244.24 227.40 211.02 188.74 197.36 188.35 373.21 383.00 189.68
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
3,721 3,633 3,259 3,095 2,506 2,583 2,229 1,819 3,111 1,464 1,484
Invested Capital Turnover
1.86 1.73 1.74 1.88 1.83 1.87 1.82 1.37 2.16 4.22 5.98
Increase / (Decrease) in Invested Capital
88 374 164 588 -77 355 410 -1,292 1,648 -20 -1.07
Enterprise Value (EV)
11,887 10,052 7,623 8,105 5,885 6,778 4,999 5,415 3,993 7,086 2,551
Market Capitalization
11,444 9,367 7,120 7,542 5,596 6,336 4,603 5,305 3,998 3,406 2,294
Book Value per Share
$73.91 $66.47 $62.26 $57.28 $50.19 $50.09 $42.87 $39.96 $36.50 $32.60 $28.80
Tangible Book Value per Share
$32.30 $23.86 $18.53 $11.58 $14.05 $11.82 $26.69 $22.36 $19.50 $14.55 $13.83
Total Capital
4,112 3,986 3,629 3,538 2,971 3,008 2,650 2,164 3,946 1,906 1,836
Total Debt
831 1,036 872 991 740 848 795 446 811 506 597
Total Long-Term Debt
306 384 680 885 409 440 524 244 172 393 515
Net Debt
440 683 501 549 275 424 748 101 -12 64 245
Capital Expenditures (CapEx)
211 186 180 163 60 101 98 102 108 88 46
Debt-free, Cash-free Net Working Capital (DFCFNWC)
1,304 1,128 735 802 701 684 415 551 989 446 481
Debt-free Net Working Capital (DFNWC)
1,569 1,336 946 1,062 982 907 640 723 731 758 707
Net Working Capital (NWC)
1,044 684 754 956 651 499 369 522 497 645 625
Net Nonoperating Expense (NNE)
111 116 62 0.45 42 68 52 20 16 12 36
Net Nonoperating Obligations (NNO)
440 683 501 549 275 424 374 101 -12 64 245
Total Depreciation and Amortization (D&A)
159 165 162 153 144 137 118 114 123 122 122
Debt-free, Cash-free Net Working Capital to Revenue
19.10% 18.88% 13.34% 15.20% 15.04% 15.17% 11.27% 16.31% 31.27% 28.72% 16.25%
Debt-free Net Working Capital to Revenue
22.99% 22.36% 17.17% 20.12% 21.06% 20.12% 34.74% 42.83% 22.41% 24.40% 47.83%
Net Working Capital to Revenue
15.29% 11.45% 13.69% 18.11% 13.96% 11.07% 20.01% 15.46% 31.41% 41.51% 42.25%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$7.22 $4.85 $6.21 $6.21 $5.38 $5.20 $4.84 $5.59 $5.54 $4.74 $4.01
Adjusted Weighted Average Basic Shares Outstanding
44.48M 44.38M 44.32M 44.20M 44.20M 43.79M 42.75M 42.75M 42.74M 42.71M 42.65M
Adjusted Diluted Earnings per Share
$7.18 $4.82 $6.18 $6.20 $5.38 $5.20 $4.84 $5.59 $5.54 $4.74 $4.01
Adjusted Weighted Average Diluted Shares Outstanding
44.71M 44.59M 44.58M 44.28M 44.22M 43.85M 42.75M 42.75M 42.75M 42.73M 42.68M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
44.55M 44.34M 88.69M 44.26M 88.40M 44.20M 42.75M 42.75M 42.75M 42.73M 42.69M
Normalized Net Operating Profit after Tax (NOPAT)
433 332 337 275 280 296 260 261 255 219 215
Normalized NOPAT Margin
6.34% 5.55% 6.12% 5.21% 6.01% 6.57% 14.13% 15.46% 15.64% 14.07% 14.55%
Pre Tax Income Margin
5.01% 3.79% 5.31% 7.26% 5.62% 5.46% 6.44% 8.43% 8.56% 16.00% 13.49%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
3.26 2.64 6.70 10.49 4.67 4.57 6.39 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
2.87 2.41 6.56 6.81 3.93 4.29 5.91 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
1.87 1.30 3.19 6.46 3.83 3.10 4.16 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
1.47 1.06 3.06 2.78 3.09 2.83 3.68 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
27.64% 41.35% 31.51% 28.83% 32.86% 27.37% 72.18% 62.59% 28.66% 33.74% 76.11%
Augmented Payout Ratio
27.64% 41.35% 31.51% 28.83% 32.86% 27.37% 36.09% 31.29% 28.66% 33.74% 38.06%

Quarterly Metrics And Ratios for Elbit Systems

No quarterly metrics and ratios for Elbit Systems are available.


Frequently Asked Questions About Elbit Systems' Financials

When does Elbit Systems's financial year end?

According to the most recent income statement we have on file, Elbit Systems' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Elbit Systems' net income changed over the last 10 years?

Elbit Systems' net income appears to be on an upward trend, with a most recent value of $321.86 million in 2024, rising from $179.41 million in 2014. The previous period was $215.86 million in 2023.

What is Elbit Systems's operating income?
Elbit Systems's total operating income in 2024 was $489.05 million, based on the following breakdown:
  • Total Gross Profit: $1.64 billion
  • Total Operating Expenses: $1.15 billion
How has Elbit Systems revenue changed over the last 10 years?

Over the last 10 years, Elbit Systems' total revenue changed from $2.96 billion in 2014 to $6.83 billion in 2024, a change of 130.8%.

How much debt does Elbit Systems have?

Elbit Systems' total liabilities were at $7.69 billion at the end of 2024, a 13.3% increase from 2023, and a 176.4% increase since 2014.

How much cash does Elbit Systems have?

In the past 10 years, Elbit Systems' cash and equivalents has ranged from $156.07 million in 2017 to $299.32 million in 2015, and is currently $265.35 million as of their latest financial filing in 2024.

How has Elbit Systems' book value per share changed over the last 10 years?

Over the last 10 years, Elbit Systems' book value per share changed from 28.80 in 2014 to 73.91 in 2024, a change of 156.6%.



This page (NASDAQ:ESLT) was last updated on 5/28/2025 by MarketBeat.com Staff
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