Elbit Historical Income Statement

ESLT Stock

USD 203.21 1.14 0.56%

Historical analysis of Elbit Systems income statement accounts such as Total Revenue of 6.4 B or Gross Profit of 1.6 B can show how well Elbit Systems performed in making a profits. Evaluating Elbit Systems income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Elbit Systems's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Elbit Systems latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Elbit Systems is a good buy for the upcoming year.

Net Income Gross Profit

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elbit Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Elbit Stock please use our How to Invest in Elbit Systems guide.

About Elbit Income Statement Analysis

Elbit Systems Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Elbit Systems shareholders. The income statement also shows Elbit investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Elbit Systems Income Statement Chart

Elbit Systems Income Statement is one of the three primary financial statements used for reporting Elbit's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Elbit Systems revenue and expense. Elbit Systems Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At this time, Elbit Systems' Interest Expense is comparatively stable compared to the past year. Total Revenue is likely to gain to about 6.4 B in 2024, whereas EBIT is likely to drop slightly above 203.5 M in 2024.

Total Revenue Gross Profit Other Operating Expenses Operating Income

Total Revenue

Total revenue comprises all receipts Elbit Systems generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Elbit Systems minus its cost of goods sold. It is profit before Elbit Systems operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Elbit Systems. It is also known as Elbit Systems overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Elbit Systems operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Elbit Systems is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from Elbit Systems' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Elbit Systems current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elbit Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Elbit Stock please use our How to Invest in Elbit Systems guide.At this time, Elbit Systems' Interest Expense is comparatively stable compared to the past year. Total Revenue is likely to gain to about 6.4 B in 2024, whereas EBIT is likely to drop slightly above 203.5 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	1.4B	1.4B	1.5B	1.6B
Total Revenue	5.3B	5.5B	6.1B	6.4B

Gross Profit Total Revenue

Elbit Systems income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Selling And Marketing Expenses	Minority Interest	Discontinued Operations	Net Income From Continuing Ops	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.44	0.63	0.66	0.63	0.7	0.7	0.6	0.83	0.61	0.67	0.63	-0.26	0.68	0.33	0.65	0.88	0.09	0.02	0.37	0.13	-0.3	-0.25	0.38	0.2
Interest Expense	0.44		0.88	0.84	0.88	0.56	0.58	0.87	0.58	0.88	0.85	0.39	-0.87	0.48	0.05	0.72	0.68	0.09	-0.59	0.68	-0.34	-0.7	-0.86	0.8	0.58
Total Revenue	0.63	0.88		0.99	1.0	0.71	0.73	0.99	0.74	1.0	0.99	0.6	-0.83	0.64	0.31	0.86	0.82	-0.15	-0.59	0.82	-0.09	-0.71	-0.8	0.87	0.57
Gross Profit	0.66	0.84	0.99		0.99	0.76	0.77	0.98	0.79	0.98	0.99	0.67	-0.77	0.7	0.36	0.83	0.86	-0.12	-0.56	0.81	-0.05	-0.71	-0.74	0.81	0.54
Other Operating Expenses	0.63	0.88	1.0	0.99		0.7	0.71	0.99	0.73	1.0	0.99	0.57	-0.84	0.62	0.29	0.86	0.81	-0.16	-0.6	0.81	-0.1	-0.69	-0.81	0.88	0.58
Operating Income	0.7	0.56	0.71	0.76	0.7		1.0	0.65	0.98	0.7	0.69	0.95	-0.37	0.97	0.59	0.77	0.85	0.14	0.04	0.72	0.2	-0.71	-0.32	0.55	0.17
Ebit	0.7	0.58	0.73	0.77	0.71	1.0		0.66	0.98	0.71	0.7	0.95	-0.38	0.97	0.59	0.78	0.86	0.12	0.02	0.74	0.2	-0.73	-0.34	0.57	0.18
Research Development	0.6	0.87	0.99	0.98	0.99	0.65	0.66		0.69	0.99	0.99	0.52	-0.86	0.57	0.25	0.84	0.79	-0.2	-0.66	0.8	-0.14	-0.67	-0.84	0.87	0.64
Ebitda	0.83	0.58	0.74	0.79	0.73	0.98	0.98	0.69		0.73	0.74	0.92	-0.37	0.95	0.56	0.79	0.92	0.12	0.02	0.69	0.19	-0.65	-0.33	0.55	0.2
Cost Of Revenue	0.61	0.88	1.0	0.98	1.0	0.7	0.71	0.99	0.73		0.99	0.57	-0.85	0.62	0.29	0.87	0.8	-0.16	-0.6	0.82	-0.1	-0.7	-0.81	0.89	0.58
Total Operating Expenses	0.67	0.85	0.99	0.99	0.99	0.69	0.7	0.99	0.74	0.99		0.58	-0.81	0.63	0.28	0.83	0.84	-0.17	-0.61	0.79	-0.11	-0.66	-0.78	0.83	0.59
Income Before Tax	0.63	0.39	0.6	0.67	0.57	0.95	0.95	0.52	0.92	0.57	0.58		-0.15	0.97	0.75	0.59	0.75	0.15	0.14	0.65	0.39	-0.66	-0.12	0.4	-0.06
Total Other Income Expense Net	-0.26	-0.87	-0.83	-0.77	-0.84	-0.37	-0.38	-0.86	-0.37	-0.85	-0.81	-0.15		-0.23	0.07	-0.75	-0.48	0.27	0.77	-0.68	0.36	0.54	0.95	-0.89	-0.8
Net Income	0.68	0.48	0.64	0.7	0.62	0.97	0.97	0.57	0.95	0.62	0.63	0.97	-0.23		0.56	0.66	0.84	0.21	0.13	0.65	0.17	-0.69	-0.18	0.43	-0.01
Income Tax Expense	0.33	0.05	0.31	0.36	0.29	0.59	0.59	0.25	0.56	0.29	0.28	0.75	0.07	0.56		0.29	0.29	-0.15	0.12	0.49	0.86	-0.39	0.04	0.24	-0.13
Selling General Administrative	0.65	0.72	0.86	0.83	0.86	0.77	0.78	0.84	0.79	0.87	0.83	0.59	-0.75	0.66	0.29		0.77	-0.23	-0.28	0.83	-0.02	-0.64	-0.67	0.9	0.52
Selling And Marketing Expenses	0.88	0.68	0.82	0.86	0.81	0.85	0.86	0.79	0.92	0.8	0.84	0.75	-0.48	0.84	0.29	0.77		0.17	-0.17	0.62	-0.09	-0.63	-0.45	0.54	0.33
Minority Interest	0.09	0.09	-0.15	-0.12	-0.16	0.14	0.12	-0.2	0.12	-0.16	-0.17	0.15	0.27	0.21	-0.15	-0.23	0.17		0.4	-0.33	-0.29	-0.16	0.26	-0.38	-0.41
Discontinued Operations	0.02	-0.59	-0.59	-0.56	-0.6	0.04	0.02	-0.66	0.02	-0.6	-0.61	0.14	0.77	0.13	0.12	-0.28	-0.17	0.4		-0.4	0.31	0.25	0.83	-0.54	-0.8
Net Income From Continuing Ops	0.37	0.68	0.82	0.81	0.81	0.72	0.74	0.8	0.69	0.82	0.79	0.65	-0.68	0.65	0.49	0.83	0.62	-0.33	-0.4		0.12	-0.84	-0.65	0.85	0.46
Tax Provision	0.13	-0.34	-0.09	-0.05	-0.1	0.2	0.2	-0.14	0.19	-0.1	-0.11	0.39	0.36	0.17	0.86	-0.02	-0.09	-0.29	0.31	0.12		0.03	0.34	-0.05	-0.31
Interest Income	-0.3	-0.7	-0.71	-0.71	-0.69	-0.71	-0.73	-0.67	-0.65	-0.7	-0.66	-0.66	0.54	-0.69	-0.39	-0.64	-0.63	-0.16	0.25	-0.84	0.03		0.54	-0.64	-0.25
Net Interest Income	-0.25	-0.86	-0.8	-0.74	-0.81	-0.32	-0.34	-0.84	-0.33	-0.81	-0.78	-0.12	0.95	-0.18	0.04	-0.67	-0.45	0.26	0.83	-0.65	0.34	0.54		-0.82	-0.86
Reconciled Depreciation	0.38	0.8	0.87	0.81	0.88	0.55	0.57	0.87	0.55	0.89	0.83	0.4	-0.89	0.43	0.24	0.9	0.54	-0.38	-0.54	0.85	-0.05	-0.64	-0.82		0.6
Extraordinary Items	0.2	0.58	0.57	0.54	0.58	0.17	0.18	0.64	0.2	0.58	0.59	-0.06	-0.8	-0.01	-0.13	0.52	0.33	-0.41	-0.8	0.46	-0.31	-0.25	-0.86	0.6

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Elbit Systems Account Relationship Matchups

Elbit Systems income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	130.9M	151.8M	158.4M	137.7M	167.4M	100.8M
Interest Expense	69.1M	71.3M	40.4M	51.4M	76.5M	80.3M
Total Revenue	4.5B	4.7B	5.3B	5.5B	6.1B	6.4B
Gross Profit	1.1B	1.2B	1.4B	1.4B	1.5B	1.6B
Other Operating Expenses	4.2B	4.3B	4.9B	5.1B	5.7B	6.0B
Operating Income	321.6M	325.7M	418.5M	367.5M	375.3M	198.9M
Ebit	321.6M	325.7M	418.5M	367.5M	375.3M	203.5M
Research Development	331.8M	359.7M	395.1M	435.7M	510.6M	536.1M
Ebitda	452.5M	477.5M	576.9M	505.2M	542.7M	304.3M
Cost Of Revenue	3.4B	3.5B	3.9B	4.1B	4.6B	4.8B
Total Operating Expenses	814.9M	839.4M	939.5M	1.0B	1.1B	1.2B
Income Before Tax	246.3M	261.8M	383.5M	292.6M	230.1M	172.1M
Total Other Income Expense Net	(75.3M)	(63.9M)	(35.1M)	(74.9M)	(145.3M)	(138.0M)
Net Income	227.9M	237.7M	274.4M	275.4M	215.1M	145.9M
Income Tax Expense	19.4M	36.4M	131.4M	24.1M	23.3M	27.1M
Selling General Administrative	214.7M	223.9M	267.4M	313.0M	336.9M	189.3M
Selling And Marketing Expenses	301.4M	290.7M	291.8M	326.0M	359.1M	255.5M
Minority Interest	18.4M	13.2M	(313K)	(21K)	(506K)	(480.7K)
Net Income Applicable To Common Shares	227.9M	237.7M	274.4M	275.4M	316.8M	174.6M
Net Income From Continuing Ops	228.7M	238.0M	274.7M	275.5M	270.9M	255.3M
Tax Provision	19.4M	36.4M	131.4M	24.1M	23.4M	22.2M
Interest Income	1.6M	1.1M	469K	383K	2.4M	2.3M
Net Interest Income	(44.5M)	(71.3M)	(40.4M)	(51.4M)	(118.8M)	(112.8M)
Reconciled Depreciation	137.1M	144.4M	153.1M	161.3M	163.6M	155.9M

Elbit Systems Investors Sentiment

The influence of Elbit Systems' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Elbit. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Elbit Systems' public news can be used to forecast risks associated with an investment in Elbit. The trend in average sentiment can be used to explain how an investor holding Elbit can time the market purely based on public headlines and social activities around Elbit Systems. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Elbit Systems' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Elbit Systems' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Elbit Systems' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Elbit Systems.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Elbit Systems in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Elbit Systems' short interest history, or implied volatility extrapolated from Elbit Systems options trading.

Pair Trading with Elbit Systems

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Elbit Systems position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Elbit Systems will appreciate offsetting losses from the drop in the long position's value.

Moving against Elbit Stock

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0.43	VTSI	VirTra Inc Financial Report 20th of May 2024	Pair Corr

The ability to find closely correlated positions to Elbit Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Elbit Systems when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Elbit Systems - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Elbit Systems to buy it.

The correlation of Elbit Systems is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Elbit Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Elbit Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Elbit Systems can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Elbit Systems is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Elbit Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Elbit Systems Stock. Highlighted below are key reports to facilitate an investment decision about Elbit Systems Stock:

How To Invest In Elbit

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Is Elbit Stock a good investment?

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What is Elbit Systems' Net Worth?

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For more information on how to buy Elbit Stock please use our How to Invest in Elbit Systems guide.

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When running Elbit Systems' price analysis, check to measure Elbit Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Elbit Systems is operating at the current time. Most of Elbit Systems' value examination focuses on studying past and present price action to predict the probability of Elbit Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elbit Systems' price. Additionally, you may evaluate how the addition of Elbit Systems to your portfolios can decrease your overall portfolio volatility.

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Is Elbit Systems' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Elbit Systems. If investors know Elbit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Elbit Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.65)

Dividend Share

Earnings Share

4.82

Revenue Per Share

134.642

Quarterly Revenue Growth

0.079

The market value of Elbit Systems is measured differently than its book value, which is the value of Elbit that is recorded on the company's balance sheet. Investors also form their own opinion of Elbit Systems' value that differs from its market value or its book value, called intrinsic value, which is Elbit Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Elbit Systems' market value can be influenced by many factors that don't directly affect Elbit Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Elbit Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Elbit Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elbit Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Elbit Historical Income Statement

About Elbit Income Statement Analysis

Elbit Systems Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Operating Income

Elbit Systems income statement Correlations

Elbit Systems Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Elbit Systems income statement Accounts

Elbit Systems Investors Sentiment

Pair Trading with Elbit Systems

Moving against Elbit Stock

Complementary Tools for Elbit Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Ebit	+ 1.0	Operating Income
Gross Profit	+ 0.99	Total Revenue
Research Development	+ 0.99	Total Revenue

Reconciled Depreciation	- 0.89	Total Other Income Expense Net
Total Other Income Expense Net	- 0.87	Interest Expense
Extraordinary Items	- 0.86	Net Interest Income
Total Other Income Expense Net	- 0.86	Research Development
Net Interest Income	- 0.86	Interest Expense
Total Other Income Expense Net	- 0.85	Cost Of Revenue