# Elbit Systems Ltd. (ESLT) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Industrials / Aerospace & Defense. Price $703.28, market value $33.0 billion.

## Valuation
- **P/E (trailing): 52.9×** (5-yr avg 36.5×, 3-yr avg 43.2×). Elbit Systems Ltd. trades at 52.9× trailing earnings, well above its own five-year average of 36.5×: investors are paying up relative to the company's past. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 38.3×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.65**. A PEG of 0.65 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 3.9×**. Each dollar of revenue is priced at 3.9×.
- **Price / book: 7.5×**. The shares trade at 7.5× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 34.9×**. Enterprise value is 34.9× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: 2.1%** (5-yr avg 1.5%). Free cash flow equals 2.1% of the market value, above its five-year average of 1.5%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 1.9%**. The inverse of the P/E: 1.9% of the price is earned each year.

## Profitability
- **Gross margin: 25.0%**. Elbit Systems Ltd. keeps 25.0% of revenue after the direct cost of what it sells.
- **Operating margin: 9.4%**. 9.4% of revenue is left after running the business.
- **Net margin: 6.7%**. 6.7% of each dollar of sales reaches the bottom line.
- **Return on equity: 12.9%**. 12.9% on shareholders' equity is solid.
- **Return on invested capital: 19.5%**. Return on all capital, debt included, is 19.5%: comfortably above what that capital costs.
- **Return on assets: 5.0%**. Each dollar of assets produces 5.0% of profit.

## Growth
- **Revenue growth (1 yr): 16.3%** (3-yr 12.9%/yr, 5-yr 11.2%/yr). Revenue grew 16.3% over the last year, against 11.2% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 58.6%** (3-yr 22.6%/yr, 5-yr 16.2%/yr). Earnings per share rose 58.6%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 151.0%/yr**. Free cash flow has compounded at 151.0% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.02**. Debt is 0.02 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Elbit Systems Ltd. holds more cash than debt.
- **Interest coverage: 14.4×**. Operating profit covers interest 14.4× over, a safe margin.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 0.57%** ($3.75 per share, trailing). Elbit Systems Ltd. yields 0.57%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 21%** (21% of free cash flow). 21% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 4**. 4 straight years of increases.
- **Dividend growth (5 yr): -4.2%/yr** (1-yr 35.0%). The dividend has not grown over five years.
- **Shareholder yield: 0.6%**. Dividends plus net buybacks return 0.6% of the market value a year.

## Analyst view
- **Analyst consensus: hold** (6 analysts). 6 analysts cover Elbit Systems Ltd.; the consensus is hold, with an average price target of $816.33 (+16% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 47.4%** (YTD 22.0%, 3-mo -14.5%). The shares are up 47.4% over twelve months including dividends.
- **From 52-week high: -30.8%** (55.2% above the low). Trading 31% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 33**. An RSI of 33 is neutral.
- **Beta (1 yr): 0.72** (volatility 45%). Beta of 0.72 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=ESLT · Page: https://foliofundamentals.com/stocks/eslt

Not investment advice.