ESLTNasdaqAircraft Parts & Auxiliary Equipment, NECFiscal year ends December 31

ELBIT SYSTEMS LTD

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Mar 17, 2026

$759.47+4.04 (+0.53%)

Close on Oct 19, 2026

Market cap: –
P/E (TTM): 66.7
Dividend yield: –

ELBIT SYSTEMS LTD income statement

AnnualQuarterlyTTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31	FY 2008 2008-12-31
Revenue	7,939	6,828	5,975	5,512	5,279	4,663	4,508	3,684	3,378	3,260	3,108	2,958	2,925	2,889	2,817	2,670	2,832	2,638
Cost of Revenue	6,003	5,186	4,492	4,138	3,920	3,497	3,372	2,708	2,375	2,295	2,211	2,133	2,100	2,073	2,085	1,872	1,983	1,871
Gross Profit	1,935	1,642	1,483	1,373	1,358	1,165	1,136	976	1,003	965	897	825	825	816	732	798	849	767
Research & Development	600	544	503	502	448	428	369	318	301	292	278	268	263	276	289	269	246	185
Selling, General & Admin	747	686	689	639	559	515	516	441	414	422	385	356	365	379	375	361	370	332
Selling & Marketing	399	375	359	326	292	291	301	281	280	271	239	217	235	242	236	230	251	198
General & Administrative	347	311	330	313	267	224	215	160	133	151	146	140	130	138	139	131	119	134
Operating Expenses	–	–	–	–	–	–	815	683	679	661	628	578	585	613	616	591	587	518
Operating Income	671	489	369	367	419	326	322	293	324	305	269	247	239	203	116	207	262	249
Interest Expense	146	158	144	54	42	74	73	46	36	25	22	50	40	30	23	26	22	–
Interest & Investment Income	–	–	–	–	6.08	–	–	–	–	–	–	–	–	–	–	–	–	–
Income from Equity Investments	29	19	12	7.04	23	13	1.77	-2.22	11	5.22	4.54	5.55	13	11	15	19	19	14
Other Non-Operating Income	-139	-151	-138	-51	-40	-71	-69	-44	-35	-24	-20	-47	-37	-26	-14	-21	16	-37
Asset Impairment Charges	0	0	0	0	0	7.93	3.69	13	0	0.09	0	0	0.25	0.62	16	1.28	3.02	11
Gain (Loss) on Investments	4.52	-18	-4.99	7.36	15	24	7.93	42	-1.36	17	-0.03	4.96	-0.87	0.83	-2.19	19	2.73	-100
Gain (Loss) on Sale of Assets	-2.89	0.60	0.65	19	14	35	34	-2.08	2.44	3.35	-1.74	3.27	0.15	-1.20	1.65	1.43	0.72	0.00
Pretax Income	562	342	226	293	383	262	246	237	285	279	249	199	203	177	104	199	247	306
Income Tax Expense	56	39	23	24	131	36	19	26	56	46	46	26	25	17	14	24	38	54
Income from Continuing Operations	–	–	–	–	–	–	–	–	–	–	207	179	191	171	100	183	215	–
Income from Discontinued Operations	–	–	–	–	–	–	–	–	–	–	0	0	0.68	-0.62	-16	0.92	–	–
Net Income incl. Noncontrolling Interests	536	322	216	275	275	238	229	209	241	239	207	179	191	170	90	195	229	267
Minority Interest in Earnings	1.28	0.73	0.73	0.02	0.31	0.33	0.80	1.92	1.51	1.90	4.35	8.43	8.00	2.61	-0.51	12	14	62
Net Income	534	321	215	275	274	238	228	207	239	237	203	171	183	168	90	183	215	204
EPS (Basic)(per share)	11.69	7.22	4.85	6.21	6.21	5.38	5.20	4.83	5.59	5.54	4.74	4.01	4.35	3.98	2.11	4.30	5.08	4.85
EPS (Diluted)(per share)	11.39	7.18	4.82	6.18	6.20	5.38	5.20	4.83	5.59	5.54	4.74	4.01	4.34	3.97	2.09	4.25	5.00	4.78
Shares Outstanding (Basic, Weighted)(shares)	46	44	44	44	44	44	44	43	43	43	43	43	42	42	43	43	42	42
Shares Outstanding (Diluted, Weighted)(shares)	47	45	45	45	44	44	44	43	43	43	43	43	42	42	43	43	43	43
EBITDA	843	647	534	529	572	470	459	411	438	428	391	369	369	342	266	339	386	378
Provision for Credit Losses	–	–	–	–	–	0.00	–	–	–	–	–	–	–	–	–	–	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Dec 31, 2025

Profitability, FY2025

Gross margin: 24.4%
Operating margin: 8.5%
Net margin: 6.7%
Return on equity, FY2025: 14.4%

Financial strength

Current ratio: 1.29
Debt to equity: 0.02
Debt to assets: 0.8%
Cash to current liabilities: 10.6%

Valuation

P/E ratio: 66.7
Price to sales: –
Price to book: –
Dividend yield: –