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Elbit Systems Ltd.

Elbit Systems Ltd.

NASDAQ•ESLT
CEO: Mr. Bezhalel Machlis
Sector: Industrials
Industry: Aerospace & Defense
Listing Date: 1996-11-27
Elbit Systems Ltd. develops and supplies a portfolio of airborne, land, and naval systems and products for the defense, homeland security, and commercial aviation applications primarily in Israel, North America, the Asia-Pacific, Europe, Latin America, and internationally. The company operates through five segments: Aerospace; C4I and Cyber; Intelligence, Surveillance, Target Acquisition and Reconnaissance (ISTAR) and Electronic Warfare (EW); Land; and Elbit Systems of America (ESA). It also offers military aircraft and helicopter systems; commercial aviation systems and aerostructures; unmanned aircraft systems; flight academy solutions, electro-optic, night vision, high power energy solutions, and countermeasures systems; naval systems; land vehicle systems; munitions, such as precision munitions for land, air, and sea applications; command, control, communications, computer, intelligence, surveillance and reconnaissance, and cyber systems; electronic warfare and signal intelligence systems; and other commercial activities. In addition, the company manufactures and sells data links and radio communication systems and equipment, and cyber intelligence, autonomous, and homeland security solutions. Further, it provides various electronic warfare and signal intelligence systems, and laser systems; armored vehicle and other platforms survivability and protection systems, artillery, and mortar systems, as well as provides various training and support services. Additionally, the company offers products and systems solutions to military, foreign military sales, homeland security, medical instrumentation, and commercial aviation clients. It markets its systems and products as a prime contractor or subcontractor to various governments and companies. The company was incorporated in 1966 and is based in Haifa, Israel.
Contact Information
Advanced Technology Center, Haifa, 3100401, Israel
972-77-294-0000
www.elbitsystems.com
Market Cap
$23.90B
P/E (TTM)
58.0
100.1
Dividend Yield
0.5%
52W High
$529.99
52W Low
$251.26
52W Range
95%
Rank36Top 23.7%
4.9
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.9 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$1.95B+13.51%
4-Quarter Trend

EPS

$2.92+64.05%
4-Quarter Trend

FCF

$101.17M+1896.15%
4-Quarter Trend

2024 Annual Earnings Highlights

Key Highlights

Strong Revenue and Income Growth Consolidated revenues grew 14% to $6.83B USD in 2024; operating income rose 32.5% to $489.1M USD.
Net Income Jumps Significantly Net income attributable to shareholders reached $321.1M USD, marking a substantial 49.3% increase from prior year results.
Record Order Backlog Secured Order backlog reached $22.6B USD as of year-end 2024, showing strong forward visibility following significant contract awards.
Increased R&D Investment Focus Net R&D investment totaled $466.4M USD in 2024, supporting the strategy to develop cutting-edge solutions and maintain competitive advantage.

Risk Factors

Geopolitical Conflict Impact Risks Ongoing Middle East conflicts and global tensions increase supply chain disruption risks, potentially causing delays and higher procurement costs.
Cybersecurity Attack Vulnerability Operations heavily depend on secure digital environments; past incidents show ongoing threat from sophisticated cyber-attacks and ransomware groups.
Key Personnel Retention Challenges High competition and military reserve duty call-ups in Israel create risks related to attracting, retaining key engineering and management personnel.
Fixed-Price Contract Cost Overruns Most contracts are fixed-price, exposing the company to risk of cost overruns from unexpected increases in materials or labor, reducing profit margins.

Outlook

Defense Spending Trend Positive Global trend shows increased defense spending, creating opportunities for advanced C4ISR, cyber, and precision munitions capabilities globally.
Strategic Manufacturing Expansion Completing construction of a new munitions production site in Ramat Beka, Israel, expected to gradually increase production capacity starting in 2025.
Focus on Innovation and Portfolio Future success requires identifying emerging technological trends and developing innovative solutions to differentiate offerings from larger competitors.
Israeli Government Contract Demand Increased demand from IMOD due to the "Swords of Iron" war may continue, potentially generating material additional orders for products and solutions.

Peer Comparison

Revenue (TTM)

Howmet Aerospace Inc.HWM
$7.98B
+9.7%
AerCap Holdings N.V.AER
$7.93B
+1.4%
Dover CorporationDOV
$7.92B
+0.0%

Gross Margin (Latest Quarter)

AerCap Holdings N.V.AER
60.0%
+7.6pp
Dover CorporationDOV
40.1%
+1.6pp
Curtiss-Wright CorporationCW
37.7%
+0.3pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
HWM$79.82B55.129.7%28.5%
DOV$27.31B12.230.8%22.9%
AER$24.71B6.321.5%61.2%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
0.3%
Moderate Growth
4Q Net Income CAGR
14.6%
Profitability Improving
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Mar 17, 2026
|
EPS:$3.12
|
Revenue:-
Reports
All Years
  • Form 20-F - FY 2024

    Period End: Dec 31, 2024|Filed: Mar 20, 2025|
    Revenue: $6.94B+14.3%
    |
    EPS: $7.22+48.9%
    Beat
  • Form 20-F - FY 2023

    Period End: Dec 31, 2023|Filed: Mar 28, 2024|
    Revenue: $5.97B+8.4%
    |
    EPS: $4.85-18.2%
    Beat
  • Form 20-F - FY 2022

    Period End: Dec 31, 2022|Filed: May 1, 2023|
    Revenue: $5.51B+4.4%
    |
    EPS: $5.93-8.1%
    Beat
  • Form 20-F - FY 2021

    Period End: Dec 31, 2021|Filed: Apr 7, 2022|
    Revenue: $5.28B+13.2%
    |
    EPS: $6.45+12.0%
    Beat
  • Form 20-F - FY 2020

    Period End: Dec 31, 2020|Filed: Mar 24, 2021|
    Revenue: $4.66B+3.4%
    |
    EPS: $5.76+7.3%
    Meet