Elbit Systems (ESLT) Ratios
Elbit Systems Ratios
ESLT's free cash flow for Q2 2026 was $150.34M. For the 2026 fiscal year, ESLT's free cash flow was decreased by $-86.40M and operating cash flow was $236.73M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.29 | 1.20 | 1.14 | 1.18 | 1.24 |
| Quick Ratio | 0.77 | 0.75 | 0.67 | 0.72 | 0.82 |
| Cash Ratio | 0.11 | 0.05 | 0.04 | 0.05 | 0.06 |
| Solvency Ratio | 0.09 | 0.06 | 0.06 | 0.07 | 0.06 |
| Operating Cash Flow Ratio | 0.14 | 0.10 | 0.02 | 0.06 | 0.10 |
| Short-Term Operating Cash Flow Coverage | 6.29 | 1.02 | 0.17 | 1.25 | 3.92 |
| Net Current Asset Value | $ -796.58M | $ -1.34B | $ -1.28B | $ -1.43B | $ -1.79B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.08 | 0.12 | 0.15 | 0.14 | 0.16 |
| Debt-to-Equity Ratio | 0.23 | 0.42 | 0.50 | 0.47 | 0.57 |
| Debt-to-Capital Ratio | 0.19 | 0.29 | 0.33 | 0.32 | 0.36 |
| Long-Term Debt-to-Capital Ratio | 0.06 | 0.09 | 0.12 | 0.20 | 0.26 |
| Financial Leverage Ratio | 3.07 | 3.35 | 3.30 | 3.34 | 3.68 |
| Debt Service Coverage Ratio | 2.64 | 0.90 | 0.64 | 1.93 | 2.92 |
| Interest Coverage Ratio | 4.58 | 3.69 | 4.83 | 7.15 | 10.36 |
| Debt to Market Cap | 0.01 | 0.07 | 0.11 | 0.12 | 0.13 |
| Interest Debt Per Share | 24.39 | 33.79 | 34.60 | 30.17 | 33.82 |
| Net Debt to EBITDA | 0.41 | 1.75 | 2.60 | 2.18 | 2.14 |
| Profitability Margins | |||||
| Gross Profit Margin | 24.38% | 24.05% | 24.82% | 24.92% | 25.73% |
| EBIT Margin | 7.98% | 6.95% | 5.42% | 6.01% | 7.72% |
| EBITDA Margin | 10.14% | 9.27% | 8.18% | 8.94% | 10.61% |
| Operating Profit Margin | 8.66% | 7.16% | 6.18% | 6.67% | 7.93% |
| Pretax Profit Margin | 7.45% | 5.29% | 4.00% | 5.31% | 7.26% |
| Net Profit Margin | 7.29% | 4.70% | 3.60% | 5.00% | 5.20% |
| Continuous Operations Profit Margin | 6.75% | 4.71% | 3.61% | 5.00% | 5.20% |
| Net Income Per EBT | 97.84% | 88.98% | 90.10% | 94.15% | 71.55% |
| EBT Per EBIT | 86.03% | 73.80% | 64.69% | 79.61% | 91.62% |
| Return on Assets (ROA) | 4.57% | 2.93% | 2.21% | 2.99% | 2.94% |
| Return on Equity (ROE) | 14.00% | 9.80% | 7.30% | 10.00% | 10.84% |
| Return on Capital Employed (ROCE) | 10.28% | 8.64% | 7.51% | 7.44% | 7.91% |
| Return on Invested Capital (ROIC) | 9.00% | 6.95% | 5.92% | 6.48% | 5.02% |
| Return on Tangible Assets | 5.33% | 3.52% | 2.74% | 3.78% | 3.76% |
| Earnings Yield | 2.20% | 2.76% | 2.26% | 3.79% | 3.58% |
| Efficiency Ratios | |||||
| Receivables Turnover | 2.38 | 2.20 | 2.20 | 2.14 | 1.91 |
| Payables Turnover | 3.97 | 3.86 | 3.58 | 3.88 | 3.83 |
| Inventory Turnover | 1.92 | 2.20 | 1.95 | 2.13 | 2.35 |
| Fixed Asset Turnover | 4.18 | 3.78 | 3.95 | 4.07 | 4.00 |
| Asset Turnover | 0.63 | 0.62 | 0.61 | 0.60 | 0.57 |
| Working Capital Turnover Ratio | 5.66 | 7.90 | 8.31 | 6.44 | 6.57 |
| Cash Conversion Cycle | 251.64 | 237.68 | 250.79 | 247.99 | 251.77 |
| Days of Sales Outstanding | 153.24 | 166.23 | 165.97 | 170.50 | 191.55 |
| Days of Inventory Outstanding | 190.33 | 166.03 | 186.74 | 171.67 | 155.52 |
| Days of Payables Outstanding | 91.93 | 94.58 | 101.91 | 94.18 | 95.31 |
| Operating Cycle | 343.57 | 332.26 | 352.70 | 342.17 | 347.07 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 18.43 | 12.02 | 2.55 | 5.42 | 9.43 |
| Free Cash Flow Per Share | 13.09 | 7.18 | -1.64 | 0.79 | 5.16 |
| Dividend Paid and CapEx Coverage Ratio | 2.31 | 1.76 | 0.41 | 0.82 | 1.56 |
| Capital Expenditure Coverage Ratio | 3.45 | 2.49 | 0.61 | 1.17 | 2.21 |
| Operating Cash Flow Coverage Ratio | 0.87 | 0.39 | 0.08 | 0.19 | 0.29 |
| Operating Cash Flow to Sales Ratio | 0.11 | 0.08 | 0.02 | 0.04 | 0.08 |
| Free Cash Flow Yield | 2.27% | 2.75% | -0.77% | 0.48% | 2.98% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 45.55 | 36.23 | 44.20 | 26.38 | 27.95 |
| Price-to-Sales (P/S) Ratio | 3.32 | 1.70 | 1.59 | 1.32 | 1.45 |
| Price-to-Book (P/B) Ratio | 6.38 | 3.55 | 3.23 | 2.64 | 3.03 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 44.01 | 36.40 | -129.67 | 207.89 | 33.58 |
| Price-to-Operating Cash Flow Ratio | 31.26 | 21.76 | 83.62 | 30.27 | 18.39 |
| Price-to-Earnings Growth (PEG) Ratio | 0.61 | 0.73 | -1.97 | 0.00 | 1.81 |
| Enterprise Value Multiple | 33.13 | 20.13 | 22.06 | 16.93 | 15.83 |
| Enterprise Value | 26.67B | 12.74B | 10.78B | 8.34B | 8.86B |
| EV to EBITDA | 33.13 | 20.13 | 22.06 | 16.93 | 15.83 |
| EV to Sales | 3.36 | 1.87 | 1.80 | 1.51 | 1.68 |
| EV to Free Cash Flow | 44.56 | 39.86 | -146.97 | 238.62 | 38.82 |
| EV to Operating Cash Flow | 31.65 | 23.83 | 94.78 | 34.75 | 21.26 |
| Tangible Book Value Per Share | 50.51 | 32.28 | 23.79 | 18.50 | 11.81 |
| Shareholders’ Equity Per Share | 90.36 | 73.69 | 66.10 | 62.16 | 57.27 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.09 | 0.11 | 0.10 | 0.08 | 0.34 |
| Revenue Per Share | 173.67 | 153.51 | 133.99 | 124.35 | 119.41 |
| Net Income Per Share | 12.65 | 7.22 | 4.82 | 6.21 | 6.21 |
| Tax Burden | 0.98 | 0.89 | 0.90 | 0.94 | 0.72 |
| Interest Burden | 0.93 | 0.76 | 0.74 | 0.88 | 0.94 |
| Research & Development to Revenue | 0.07 | 0.07 | 0.07 | 0.08 | 0.07 |
| SG&A to Revenue | 0.09 | 0.10 | 0.06 | 0.06 | 0.05 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 1.46 | 1.66 | 0.53 | 0.87 | 1.52 |
Currency in USD
