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Nasdaq · Industrials

Elbit Systems Ltd. (ESLT)

As-reported financials and SEC filings for Elbit Systems Ltd. The latest annual period is FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Elbit Systems Ltd.

Elbit Systems Ltd. is an international high technology company based in Israel that develops and supplies airborne, land, and naval defense and homeland security systems. Its products include unmanned aerial systems, precision guided munitions, electronic warfare systems, and command and control solutions. The company serves military and homeland security customers worldwide, including government defense ministries and commercial aviation clients.

Snapshot

Revenue
$7.94B
Revenue growth (YoY)
16.3%
Net income
$534.3M
Diluted EPS
$11.39
Gross margin
24.4%
Operating margin
8.5%
Net margin
6.7%
FCF margin
7.0%
ROE
12.9%
net income / fiscal-year-end equity
P/E
56.8×
trailing when available, otherwise FY EPS
Market cap
$35.40B
Long-term debt / equity
0.00×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Elbit Systems

  • Revenue grew 16.3% to $7.9B in FY2025, in line with the 14.3% the year before.
  • Operating margin is 8.5% in FY2025, +0.5 pp against 7.9% in FY2021.
  • Free cash flow was $553M in FY2025, 7.0% of revenue.
  • Net income rose 66.4% to $534M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Elbit Systems’s fundamentals sit among the 668 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin24.4%
40th percentile of 455
Operating margin8.5%
61st percentile of 598
Net margin6.7%
64th percentile of 630
FCF margin7.0%
59th percentile of 546
Revenue growth (YoY)+16.3%
77th percentile of 652
ROE12.9%
68th percentile of 590
P/E56.8×
90th percentile of 406
Long-term debt / equity0.00×
6th percentile of 403
Short interest2.80d
42nd percentile of 661

Elbit Systems’s long-term debt to equity of 0.00 ranks in the 6th percentile of the 403 Industrials companies reporting it. Elbit Systems’s P/E of 56.8 ranks in the 90th percentile of the 406 peers with a meaningful P/E.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
229.0K
settled 2026-09-30
Change vs prior
-2.8%
vs previous settlement
Days to cover
2.80
at avg daily volume
Avg daily volume
81.9K
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-30229.0K-2.8%2.80
2026-09-15235.6K+10.6%3.37
2026-08-31213.1K+42.4%2.63
2026-08-14149.7K-40.0%1.72
2026-07-31249.5K+15.2%3.30
2026-07-15216.5K+13.1%2.79
2026-06-30191.5K-20.1%1.81
2026-06-15239.7K+130.9%2.54

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$7.94B$6.83B$5.97B$5.51B$5.28B
Gross profit
Operating income$671.4M$489.1M$369.1M$367.5M$418.5M
Net income$534.3M$321.1M$215.1M$275.4M$274.4M
Diluted EPS$11.39$7.18$4.82$6.18$6.20

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$635.1M$265.4M$197.4M$211.1M$259.0M
Current assets$7.74B$6.36B$5.51B$5.03B$4.98B
Total assets$12.66B$10.97B$9.74B$9.22B$9.32B
Current liabilities$5.98B$5.31B$4.82B$4.28B$4.02B
Long-term debt$18.0M$27.4M$41.2M$264.5M$356.6M
Total liabilities
Total equity$4.13B$3.28B$2.95B$2.76B$2.55B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$778.4M$534.6M$113.7M$240.1M$416.9M
Capital expenditure$225.6M$215.1M$187.0M$205.1M$188.6M
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Company facts

ExchangeNasdaq
SectorIndustrials
SIC industryAircraft Parts & Auxiliary Equipment, NEC
Latest annual periodFY2025 (ended December 31, 2025)
Oldest indexed filing2004
SEC CIK1027664

Selected SEC filings

20-F2026-03-17
View on EDGAR →
20-F2025-03-20
View on EDGAR →
6-K2026-09-18
View on EDGAR →
6-K2026-09-01
View on EDGAR →
6-K2026-08-11
View on EDGAR →
6-K2026-08-06
View on EDGAR →

Largest Industrials peers

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.