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ESLT Financials Elbit Systems Ltd

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 11.2% per year over the past 5 years.
  • Net income has grown faster than revenue (17.6% vs 11.2% per year).
  • Operating margin has expanded, at 8.5% in the latest year.
  • Free cash flow has grown 30.4% per year over the past 5 years.

Financial health

  • The company holds more cash ($635M) than total debt ($101M).
  • Total debt has grown slower than revenue (-25.0% vs 11.2% per year).
  • Operating income covered interest expense 4.6× in the latest year.
  • Total debt is 0.1× EBITDA.

Shareholder returns

  • Dividends have been paid for 15 consecutive years, consuming 20.9% of earnings and 20.2% of free cash flow.
  • The dividend has grown 7.4% per year over the past 5 years.
Revenue & net income
$0 $4B $8B 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
0% 15% 30% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$191M $181M $553M $0 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $318M $635M 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$593M $93M $778M $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $7.9B $534M 24.4% 8.5% $553M $101M $635M
2024 $6.8B $321M 24.0% 7.2% $320M $102M $265M
2023 $6.0B $215M 24.8% 6.2% -$73M $117M $197M
2022 $5.5B $275M 24.9% 6.7% $35M $276M $211M
2021 $5.3B $274M 25.7% 7.9% $228M $363M $259M
2020 $4.7B $238M 25.0% 7.0% $147M $427M $279M
2019 $4.5B $228M 25.2% 7.1% -$191M $578M $221M
2018 $3.7B $207M 26.5% 7.9% $89M $470M $208M
2017 $3.4B $239M 29.7% 9.6% -$7M $120M $156M
2016 $3.3B $237M 29.6% 9.3% $84M $166M $223M
2015 $3.1B $203M 28.9% 8.6% $336M $214M $223M
2014 $3.0B $171M 27.9% 8.3% $107M $244M $200M
2013 $2.9B $183M 28.2% 8.2% $104M $224M $192M
2012 $2.9B $168M 28.2% 7.0% $117M $206M $192M
2011 $2.8B $90M 26.0% 4.1% $69M $400M $203M

Valuation over time

How the market has priced ESLT against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 38.7 77.4 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 2.6 5.2 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S
Dividend yield (%)
0.0 0.5 1.1 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
Dividend yield %

Frequently asked questions

Is ESLT growing its revenue and profit?

Over the past 5 years, Elbit Systems Ltd's revenue has grown 11.2% per year, and net income grown 17.6% per year. These are computed facts, not advice.

How much debt does ESLT have?

As of FY2025, Elbit Systems Ltd reported $101M of total debt against $635M of cash; operating income covered interest expense 4.6×.

What is ESLT's profit margin?

In FY2025, gross margin was 24.4%, operating margin 8.5%, and net margin 6.7%.

What is ESLT's P/E ratio?

As of Jun '26, Elbit Systems Ltd traded at a price-to-earnings ratio of about 64.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.