Elbit Systems (ESLT) EBITDA Margin (2009 - 2025)
Elbit Systems (ESLT) posted quarterly EBITDA Margin of 8.96% for Q4 2025, up 163.0% YoY from 3.41% in Q4 2024, and down 51.0% sequentially from 18.28% in Q3 2025.
Elbit Systems (ESLT) EBITDA Margin (2009 - 2025) Analysis & Trends
Elbit Systems has disclosed EBITDA Margin across 17 years of filings, most recently posting 8.96% for Q4 2025.
- In Q4 2025, EBITDA Margin rose 163.0% year-over-year to 8.96%; the TTM figure through Dec 2025 stood at 10.72% (up 46.0% YoY), while the FY2025 annual figure was 8.46%, up 130.0% from the prior year.
- EBITDA Margin eased to 8.96% in Q4 2025, from 18.28% in the prior quarter.
- Over the last five years, EBITDA Margin for ESLT reached as high as 19.67% in Q3 2024 and fell as low as 4.16% in Q4 2023.
- The 5-year median for EBITDA Margin is 7.41% (2021), against an average of 8.37%.
- Annual changes were most pronounced in 2023 — EBITDA Margin tumbled 383 bps — and 2024, when it jumped 1260 bps.
- A 5-year view of EBITDA Margin shows it stood at 7.18% in 2021, then increased by 11 bps to 7.99% in 2022, then slumped by 48 bps to 4.16% in 2023, then soared by 76 bps to 7.33% in 2024, then advanced by 22 bps to 8.96% in 2025.
- According to Business Quant data, EBITDA Margin over the past three periods registered 8.96%, 18.28%, and 8.0% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 2.02% |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 11.57% |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 10.53% |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | 11.45% |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 32.56% |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 46.31% |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | 8.80% |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | -22.97% |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | 11.35% |
| 10 | Elbit Systems | 34.74 Bn | 33.92 Bn | 529.79 Mn | 8.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 8.96% |
| Sep 30, 2025 | 18.28% |
| Jun 30, 2025 | 8.00% |
| Mar 31, 2025 | 7.90% |
| Dec 31, 2024 | 7.33% |
| Sep 30, 2024 | 19.67% |
| Jun 30, 2024 | 7.16% |
| Mar 31, 2024 | 6.78% |
| Dec 31, 2023 | 4.16% |
| Sep 30, 2023 | 7.06% |
| Jun 30, 2023 | 6.99% |
| Mar 31, 2023 | 6.74% |
| Dec 31, 2022 | 7.99% |
| Sep 30, 2022 | 5.44% |
| Jun 30, 2022 | 8.83% |
| Mar 31, 2022 | 4.33% |
| Dec 31, 2021 | 7.18% |
| Sep 30, 2021 | 8.09% |
| Jun 30, 2021 | 8.99% |
| Mar 31, 2021 | 7.50% |