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

Elbit Systems (ESLT) reported Gross Margin of 24.66% for Q4 2025, up 20.0% year-over-year from 20.55% in Q4 2024, and down 2.16% quarter-over-quarter from 25.2% in Q3 2025.

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

Elbit Systems (ESLT) has 17 years of Gross Margin data on file, last reported at 24.66% in Q4 2025.

  • Gross Margin for Q4 2025 came in at 24.66%, up 20.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 24.45% (up 31.0% YoY), and the FY2025 annual result was 24.38%, up 33.0% from the prior year.
  • Gross Margin fell to 24.66% in Q4 2025 per ESLT's latest filing, from 25.2% in the prior quarter.
  • Over five years, Gross Margin peaked at 27.19% in Q3 2021 and troughed at 23.96% in Q2 2024.
  • A 5-year average of 24.99% and a median of 24.99% in 2021 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 302 bps in 2022, then soared 178 bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 25.05% in 2021, then rose by 1 bps to 25.27% in 2022, then climbed by 0 bps to 25.3% in 2023, then dropped by 3 bps to 24.46% in 2024, then climbed by 1 bps to 24.66% in 2025.
  • Business Quant data shows ESLT's Gross Margin at 24.66% in Q4 2025, 25.2% in Q3 2025, and 23.97% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 29.53%
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn 73.52%
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn 41.11%
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn 11.46%
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn 11.53%
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 36.92%
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn 67.40%
8 Embraer 95.73 Bn 93.11 Bn - -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn 34.90%
10 Elbit Systems 9,521.51 -445.57 Mn 529.79 Mn 24.66%

Historic Data

Download Data
DateValue
Dec 31, 2025 24.66%
Sep 30, 2025 25.20%
Jun 30, 2025 23.97%
Mar 31, 2025 23.96%
Dec 31, 2024 24.46%
Sep 30, 2024 24.03%
Jun 30, 2024 23.96%
Mar 31, 2024 24.08%
Dec 31, 2023 25.30%
Sep 30, 2023 24.92%
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 27.19%
Jun 30, 2021 26.61%
Mar 31, 2021 25.16%