Elbit Systems Ltd
Elbit Systems Ltd. develops and supplies a portfolio of airborne, land, and naval systems and products for the defense, homeland security, and commercial aviation applications in Israel, North America, Europe, the Asia-Pacific, Latin America, and internationally. It operates through five segments: Aerospace; C4I and Cyber; Intelligence, Surveillance, Target Acquisition and Reconnaissance (ISTAR) … Read more
Elbit Systems Ltd (ESLT) - Net Assets
Latest net assets as of September 2025: $4.01 Billion USD
Based on the latest financial reports, Elbit Systems Ltd (ESLT) has net assets worth $4.01 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($12.24 Billion) and total liabilities ($8.23 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $4.01 Billion |
| % of Total Assets | 32.72% |
| Annual Growth Rate | 14.31% |
| 5-Year Change | 47.04% |
| 10-Year Change | 133.96% |
| Growth Volatility | 21.5 |
Elbit Systems Ltd - Net Assets Trend (1996–2024)
This chart illustrates how Elbit Systems Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Elbit Systems Ltd (1996–2024)
The table below shows the annual net assets of Elbit Systems Ltd from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $3.28 Billion | +11.21% |
| 2023-12-31 | $2.95 Billion | +6.98% |
| 2022-12-31 | $2.76 Billion | +8.30% |
| 2021-12-31 | $2.55 Billion | +14.11% |
| 2020-12-31 | $2.23 Billion | +3.31% |
| 2019-12-31 | $2.16 Billion | +16.47% |
| 2018-12-31 | $1.85 Billion | +7.94% |
| 2017-12-31 | $1.72 Billion | +9.62% |
| 2016-12-31 | $1.57 Billion | +11.76% |
| 2015-12-31 | $1.40 Billion | +13.20% |
| 2014-12-31 | $1.24 Billion | +3.75% |
| 2013-12-31 | $1.19 Billion | +13.66% |
| 2012-12-31 | $1.05 Billion | +13.25% |
| 2011-12-31 | $927.72 Million | -7.73% |
| 2010-12-31 | $1.01 Billion | +17.30% |
| 2009-12-31 | $857.19 Million | +7.11% |
| 2008-12-31 | $800.31 Million | +43.85% |
| 2007-12-31 | $556.35 Million | +11.10% |
| 2006-12-31 | $500.75 Million | +7.99% |
| 2005-12-31 | $463.68 Million | +5.61% |
| 2004-12-31 | $439.04 Million | -3.76% |
| 2003-12-31 | $456.19 Million | +9.65% |
| 2002-12-31 | $416.04 Million | +8.35% |
| 2001-12-31 | $383.98 Million | +11.08% |
| 2000-12-31 | $345.69 Million | +98.12% |
| 1999-12-31 | $174.49 Million | +9.39% |
| 1998-12-31 | $159.50 Million | +17.89% |
| 1997-12-31 | $135.30 Million | +74.36% |
| 1996-12-31 | $77.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Elbit Systems Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 4237.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.74 Billion | 83.63% |
| Common Stock | $12.84 Million | 0.39% |
| Other Comprehensive Income | $64.30 Million | 1.96% |
| Other Components | $459.33 Million | 14.01% |
| Total Equity | $3.28 Billion | 100.00% |
Elbit Systems Ltd Competitors by Market Cap
The table below lists competitors of Elbit Systems Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eversource Energy
NYSE:ES
|
$27.14 Billion |
|
Imperial Brands PLC
OTCQX:IMBBY
|
$27.15 Billion |
|
Natera Inc
NASDAQ:NTRA
|
$27.27 Billion |
|
Advantest Corporation
PINK:ADTTF
|
$27.29 Billion |
|
Biogen Inc
NASDAQ:BIIB
|
$27.11 Billion |
|
IQVIA Holdings Inc
NYSE:IQV
|
$27.11 Billion |
|
China Tower Corporation Limited
PINK:CTOWY
|
$27.10 Billion |
|
Shinhan Financial Group Co Ltd
NYSE:SHG
|
$27.03 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Elbit Systems Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,923,109,079 to 3,277,540,000, a change of 354,430,921 (12.1%).
- Net income of 326,252,206 contributed positively to equity growth.
- Dividend payments of 88,958,000 reduced retained earnings.
- Other comprehensive income increased equity by 81,947,709.
- Other factors increased equity by 35,189,006.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $326.25 Million | +9.95% |
| Dividends Paid | $88.96 Million | -2.71% |
| Other Comprehensive Income | $81.95 Million | +2.5% |
| Other Changes | $35.19 Million | +1.07% |
| Total Change | $- | 12.13% |
Book Value vs Market Value Analysis
This analysis compares Elbit Systems Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 13.84x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 280.10x to 13.84x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $3.62 | $1014.33 | x |
| 1997-12-31 | $5.61 | $1014.33 | x |
| 1998-12-31 | $5.89 | $1014.33 | x |
| 1999-12-31 | $6.52 | $1014.33 | x |
| 2000-12-31 | $10.79 | $1014.33 | x |
| 2001-12-31 | $9.60 | $1014.33 | x |
| 2002-12-31 | $10.30 | $1014.33 | x |
| 2003-12-31 | $11.24 | $1014.33 | x |
| 2004-12-31 | $10.56 | $1014.33 | x |
| 2005-12-31 | $10.83 | $1014.33 | x |
| 2006-12-31 | $11.79 | $1014.33 | x |
| 2007-12-31 | $12.67 | $1014.33 | x |
| 2008-12-31 | $16.93 | $1014.33 | x |
| 2009-12-31 | $19.38 | $1014.33 | x |
| 2010-12-31 | $22.37 | $1014.33 | x |
| 2011-12-31 | $20.83 | $1014.33 | x |
| 2012-12-31 | $24.06 | $1014.33 | x |
| 2013-12-31 | $27.83 | $1014.33 | x |
| 2014-12-31 | $28.74 | $1014.33 | x |
| 2015-12-31 | $32.63 | $1014.33 | x |
| 2016-12-31 | $36.49 | $1014.33 | x |
| 2017-12-31 | $39.92 | $1014.33 | x |
| 2018-12-31 | $42.83 | $1014.33 | x |
| 2019-12-31 | $48.84 | $1014.33 | x |
| 2020-12-31 | $50.17 | $1014.33 | x |
| 2021-12-31 | $57.18 | $1014.33 | x |
| 2022-12-31 | $61.80 | $1014.33 | x |
| 2023-12-31 | $65.55 | $1014.33 | x |
| 2024-12-31 | $73.31 | $1014.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Elbit Systems Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.95%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.70%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 3.35x
- Recent ROE (9.95%) is below the historical average (13.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 23.20% | 5.85% | 1.27x | 3.11x | $10.24 Million |
| 1997 | 16.41% | 5.96% | 1.16x | 2.37x | $8.67 Million |
| 1998 | 17.65% | 6.70% | 1.17x | 2.25x | $12.05 Million |
| 1999 | 17.97% | 7.12% | 0.96x | 2.64x | $13.76 Million |
| 2000 | -6.03% | -3.47% | 0.71x | 2.43x | $-54.60 Million |
| 2001 | 10.79% | 5.34% | 0.84x | 2.40x | $3.00 Million |
| 2002 | 10.97% | 5.45% | 0.88x | 2.27x | $3.98 Million |
| 2003 | 10.16% | 5.12% | 0.88x | 2.26x | $737.10K |
| 2004 | 12.64% | 5.64% | 0.94x | 2.39x | $11.50 Million |
| 2005 | 7.03% | 3.04% | 0.64x | 3.59x | $-13.41 Million |
| 2006 | 15.46% | 4.74% | 0.91x | 3.58x | $26.97 Million |
| 2007 | 15.27% | 3.87% | 0.76x | 5.19x | $28.26 Million |
| 2008 | 26.75% | 7.74% | 0.85x | 4.05x | $121.27 Million |
| 2009 | 26.76% | 7.59% | 0.96x | 3.67x | $139.58 Million |
| 2010 | 20.00% | 6.87% | 0.78x | 3.74x | $96.71 Million |
| 2011 | 9.41% | 3.20% | 0.71x | 4.14x | $-5.34 Million |
| 2012 | 17.06% | 5.81% | 0.78x | 3.75x | $71.81 Million |
| 2013 | 16.14% | 6.25% | 0.77x | 3.34x | $72.31 Million |
| 2014 | 12.81% | 5.78% | 0.68x | 3.28x | $34.51 Million |
| 2015 | 14.50% | 6.52% | 0.75x | 2.96x | $62.77 Million |
| 2016 | 15.15% | 7.27% | 0.75x | 2.79x | $80.32 Million |
| 2017 | 14.50% | 7.08% | 0.74x | 2.76x | $76.91 Million |
| 2018 | 10.85% | 5.61% | 0.55x | 3.52x | $15.66 Million |
| 2019 | 10.98% | 5.06% | 0.63x | 3.43x | $20.91 Million |
| 2020 | 11.48% | 5.10% | 0.62x | 3.63x | $32.74 Million |
| 2021 | 11.27% | 5.20% | 0.59x | 3.68x | $32.03 Million |
| 2022 | 9.55% | 5.00% | 0.57x | 3.34x | $-12.53 Million |
| 2023 | 7.48% | 3.60% | 0.62x | 3.33x | $-73.80 Million |
| 2024 | 9.95% | 4.70% | 0.63x | 3.35x | $-1.50 Million |
Industry Comparison
This section compares Elbit Systems Ltd's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $301,480,945
- Average return on equity (ROE) among peers: 29.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Elbit Systems Ltd (ESLT) | $4.01 Billion | 23.20% | 2.06x | $27.13 Billion |
| Alabama Aircraft Industries Inc (AAIIQ) | $3.00 Million | 70.00% | 22.83x | $0.97 |
| AAC Clyde Space AB (ACCMF) | $662.75 Million | -6.24% | 0.42x | $49.09 Million |
| Archer Aviation Inc (ACHR) | $698.90 Million | -49.76% | 0.10x | $3.44 Billion |
| American Defense Systems Inc (ADFS) | $9.01 Million | 34.56% | 0.45x | $4.85K |
| AAR Corp (AIR) | $866.00 Million | 7.82% | 1.54x | $4.16 Billion |
| Air Industries Group (AIRI) | $21.61 Million | 17.30% | 1.32x | $12.09 Million |
| AIRO Group Holdings, Inc. Common Stock (AIRO) | $548.73 Million | -7.05% | 0.28x | $168.72 Million |
| Philly Shipyard ASA (AKRRF) | $155.58 Million | 43.21% | 0.63x | $13.32 Million |
| ASI Aviation Inc (ASAV) | $6.88 | 150.58% | 2.47x | $2.48 Million |
| Astronics Corporation (ATRO) | $49.23 Million | 31.26% | 1.11x | $2.35 Billion |