ESLT
ELBIT SYSTEMS LTD
Next earnings Aug 11, 2026 · consensus $3.76 EPS, $2.27B rev
$715.72
▼ -2.32%$715.72▲ +63.69%
over 1Y
L $420.88EODHDH $1,013.23
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today-2.3%
1W-7.6%
1M-13.6%
3M-17.6%
YTD+21.0%
1Y+63.7%
Hold
Conviction
Horizon
Long (>12mo)
Street · 11 analysts
Sell
High-quality defense compounder with a net-cash balance sheet and accelerating earnings — but 69x already prices in the rearmament boom.
Diluted EPS $11.39 · FY2025
The read
Middling fundamentals and a rich price (~40% above fair value) leave little margin of safety — a wait-and-see.
On the numbers, Elbit is a structurally strong, accelerating business. Revenue reached $7.94B (+16.3% YoY), the top of a steady FY21→FY25 ramp ($5.28B→$7.94B), and the operating line is leveraging hard: operating income +37.3% to $671M, diluted EPS +58.6% to $11.39, and net income +66.4% to $534M. Cash backs the earnings — operating cash flow of $778M (+45.6%) comfortably covers $226M capex and a growing dividend. The balance sheet is pristine: total debt of roughly $101M ($18.0M long-term + $83.5M current) against $635M cash (+139.4%) leaves the company effectively net-cash, with equity up 26% to $4.13B. This is a genuine grower riding the global/European rearmament cycle, funding $600M of R&D from internal cash.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $5.28B | $5.51B | $5.97B | $6.83B | $7.94B |
| Gross profit | $1.36B | $1.37B | $1.48B | $1.64B | $1.94B |
| Operating income | $419M | $367M | $369M | $489M | $671M |
| Net income | $274M | $275M | $215M | $321M | $534M |
| Diluted EPS | $6.20 | $6.18 | $4.82 | $7.18 | $11.39 |
| Net margin | 5.2% | 5.0% | 3.6% | 4.7% | 6.7% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$32.7B
EV / EBITDA38.8
EV / Sales4.1
EV / FCF59.2
P / FCF60.1
PEG (trailing)0.95
Earnings yield1.6%
FCF yield1.7%
Quality & risk
ROIC (est.)12.5%
Free cash flow$553M
Total debt$101M
Net cash$534M
Piotroski F-Score8/9
Capital returns
Buyback yield0.0%
Dividend yield (est.)0.3%
Shareholder yield0.3%
Shares Δ YoY+4.3%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Recent filings
all on EDGAR ↗6-KPeriod ending 2026-05-282026-05-28open ↗S-8Filing2026-05-27open ↗S-8Filing2026-05-27open ↗SDFiling2026-05-27open ↗6-KPeriod ending 2026-03-312026-05-26open ↗6-KPeriod ending 2026-05-262026-05-26open ↗6-KPeriod ending 2026-05-202026-05-20open ↗6-KPeriod ending 2026-05-122026-05-12open ↗6-KPeriod ending 2026-04-272026-04-27open ↗6-KPeriod ending 2026-04-222026-04-22open ↗3Period ending 2026-04-122026-04-16open ↗4Period ending 2026-04-092026-04-10open ↗
Frequently asked
- Is ELBIT SYSTEMS LTD (ESLT) a buy?
- ESLT currently carries a Hold rating with 3/5 conviction, derived from its latest SEC filings. High-quality defense compounder with a net-cash balance sheet and accelerating earnings — but 69x already prices in the rearmament boom.
- What is ESLT's fair value?
- A Modified-Graham model based on ESLT's SEC fundamentals estimates a fair value of about $432.82. It is an estimate from reported earnings, not a price target.
- Is ESLT overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, ESLT currently appears overvalued relative to its SEC-grounded earnings power.
- What is ELBIT SYSTEMS LTD's quality score?
- ESLT scores 67.80392156862744/100 (grade B-) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001027664, latest 6-K filed 2026-05-28) · EODHD · analysis by claude-code · as of 6/20/2026, 12:17:30 AM.
Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.