Elbit Systems Ltd (ESLT) — Tangible Net Worth Ratio
Elbit Systems Ltd (ESLT) has a Tangible Net Worth Ratio of 92.1% as of December 2025. This metric is calculated by deducting intangible assets (ILA324.72 Million) from net assets (ILA4.13 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore ESLT year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Elbit Systems Ltd Tangible Net Worth Ratio (1996–2025)
This chart shows how Elbit Systems Ltd's Tangible Net Worth Ratio has changed across 30 annual periods from 1996 to 2025. As of December 2025, the ratio stands at 92.1%, reflecting net assets of ILA4.13 Billion with intangible assets of ILA324.72 Million ILA. For live market cap and overall valuation, see market cap of Elbit Systems Ltd.
Annual Tangible Net Worth Ratio for Elbit Systems Ltd (1996–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Elbit Systems Ltd from 1996 to 2025, covering 30 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore how much does Elbit Systems Ltd reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (ILA) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 92.1% | ILA4.13 Billion | ILA324.72 Million | ILA12.66 Billion | ▲ +3.0 pp |
| 2024 | 89.2% | ILA3.28 Billion | ILA354.76 Million | ILA10.97 Billion | ▲ +2.4 pp |
| 2023 | 86.8% | ILA2.95 Billion | ILA390.52 Million | ILA9.74 Billion | ▲ +2.5 pp |
| 2022 | 84.2% | ILA2.76 Billion | ILA435.06 Million | ILA9.22 Billion | ▲ +2.8 pp |
| 2021 | 81.4% | ILA2.55 Billion | ILA473.87 Million | ILA9.32 Billion | ▼ -5.6 pp |
| 2020 | 87.0% | ILA2.23 Billion | ILA290.85 Million | ILA8.06 Billion | ▲ +1.4 pp |
| 2019 | 85.6% | ILA2.16 Billion | ILA310.80 Million | ILA7.34 Billion | ▼ -0.4 pp |
| 2018 | 86.0% | ILA1.85 Billion | ILA258.73 Million | ILA6.45 Billion | ▼ -7.8 pp |
| 2017 | 93.8% | ILA1.72 Billion | ILA105.69 Million | ILA4.71 Billion | ▲ +0.8 pp |
| 2016 | 93.0% | ILA1.57 Billion | ILA109.40 Million | ILA4.35 Billion | ▲ +3.5 pp |
| 2015 | 89.5% | ILA1.40 Billion | ILA147.62 Million | ILA4.13 Billion | ▲ +0.2 pp |
| 2014 | 89.3% | ILA1.24 Billion | ILA132.92 Million | ILA4.02 Billion | ▲ +3.3 pp |
| 2013 | 85.9% | ILA1.19 Billion | ILA167.96 Million | ILA3.93 Billion | ▲ +6.4 pp |
| 2012 | 79.5% | ILA1.05 Billion | ILA214.96 Million | ILA3.81 Billion | ▲ +8.0 pp |
| 2011 | 71.6% | ILA927.72 Million | ILA263.75 Million | ILA3.72 Billion | ▲ +2.8 pp |
| 2010 | 68.8% | ILA1.01 Billion | ILA313.59 Million | ILA3.61 Billion | ▼ -0.1 pp |
| 2009 | 68.9% | ILA857.19 Million | ILA266.43 Million | ILA3.05 Billion | ▲ +2.7 pp |
| 2008 | 66.2% | ILA800.31 Million | ILA270.51 Million | ILA2.93 Billion | ▲ +19.9 pp |
| 2007 | 46.3% | ILA556.35 Million | ILA298.93 Million | ILA2.78 Billion | ▼ -39.6 pp |
| 2006 | 85.9% | ILA500.75 Million | ILA70.59 Million | ILA1.77 Billion | ▲ +16.7 pp |
| 2005 | 69.2% | ILA463.68 Million | ILA142.73 Million | ILA1.62 Billion | ▼ -8.9 pp |
| 2004 | 78.1% | ILA439.04 Million | ILA95.99 Million | ILA1.04 Billion | ▲ +0.1 pp |
| 2003 | 78.1% | ILA456.19 Million | ILA100.01 Million | ILA1.02 Billion | ▲ +3.5 pp |
| 2002 | 74.6% | ILA416.04 Million | ILA105.77 Million | ILA935.84 Million | ▲ +2.0 pp |
| 2001 | 72.6% | ILA383.98 Million | ILA105.28 Million | ILA905.73 Million | ▲ +2.8 pp |
| 2000 | 69.8% | ILA345.69 Million | ILA104.54 Million | ILA828.04 Million | ▼ -30.2 pp |
| 1999 | 100.0% | ILA174.49 Million | ILA0.00 | ILA456.52 Million | ▲ +0.0 pp |
| 1998 | 100.0% | ILA159.50 Million | ILA0.00 | ILA354.20 Million | ▲ +0.0 pp |
| 1997 | 100.0% | ILA135.30 Million | ILA0.00 | ILA320.70 Million | ▲ +0.0 pp |
| 1996 | 100.0% | ILA77.60 Million | ILA0.00 | ILA241.40 Million | — |