Elbit Systems (ESLT) Gross Margin (2009 - 2025)

Elbit Systems (ESLT) posted quarterly Gross Margin of 24.66% for Q4 2025, up 56.0% year-on-year from 15.81% in Q4 2024, and down 0.92% on a QoQ basis from 24.89% in Q3 2025.

Elbit Systems (ESLT) Gross Margin (2009 - 2025) Analysis & Trends

Elbit Systems (ESLT) has reported Gross Margin for 17 consecutive years, with 24.66% the latest figure, recorded in Q4 2025.

  • Quarterly Gross Margin rose 56.0% year-over-year to 24.66% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 24.38% (up 33.0% YoY) and the FY2025 annual result came in at 24.38%, up 33.0% from the prior year.
  • Gross Margin retreated to 24.66% in Q4 2025 per ESLT's latest filing, from 24.89% in the prior quarter.
  • Over the last five years, Gross Margin for ESLT reached as high as 26.63% in Q3 2021 and fell as low as 23.5% in Q4 2023.
  • A 5-year average of 24.79% and a median of 24.56% in 2023 frame the typical range for Gross Margin.
  • Annual changes were most pronounced in 2021 — Gross Margin jumped 570 bps — and 2022, when it sank 247 bps.
  • Year by year, Gross Margin stood at 25.05% in 2021, then grew by 1 bps to 25.27% in 2022, then slipped by 7 bps to 23.5% in 2023, then grew by 3 bps to 24.1% in 2024, then grew by 2 bps to 24.66% in 2025.
  • According to Business Quant data, Gross Margin over the past three periods registered 24.66%, 24.89%, and 23.97% for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 General Electric 374.61 Bn 365.27 Bn -3.10 Bn -433.85%
2 Rtx 289.95 Bn 281.65 Bn 9.91 Bn 40.09%
3 Boeing 168.44 Bn 148.42 Bn 2.41 Bn 9.83%
4 Lockheed Martin 133.17 Bn 129.38 Bn 2.45 Bn 12.19%
5 Howmet Aerospace 113.21 Bn 110.78 Bn 854.00 Mn 36.92%
6 General Dynamics 103.06 Bn 98.73 Bn 6.76 Bn 47.94%
7 Northrop Grumman 76.42 Bn 74.12 Bn 3.72 Bn 34.21%
8 TransDigm 73.24 Bn 69.36 Bn 1.51 Bn 59.39%
9 L3Harris Technologies 51.62 Bn 51.03 Bn 1.40 Bn 24.41%
10 Elbit Systems 36.93 Bn 36.11 Bn 529.79 Mn 24.66%

Historic Data

Download Data
DateValue
Dec 31, 2025 24.66%
Sep 30, 2025 24.89%
Jun 30, 2025 23.97%
Mar 31, 2025 23.96%
Dec 31, 2024 24.10%
Sep 30, 2024 24.03%
Jun 30, 2024 23.96%
Mar 31, 2024 24.08%
Dec 31, 2023 23.50%
Sep 30, 2023 24.45%
Jun 30, 2023 25.60%
Mar 31, 2023 25.94%
Dec 31, 2022 25.27%
Sep 30, 2022 24.17%
Jun 30, 2022 26.07%
Mar 31, 2022 24.17%
Dec 31, 2021 25.05%
Sep 30, 2021 26.63%
Jun 30, 2021 26.04%
Mar 31, 2021 25.16%