Elbit Systems (ESLT) Return on Capital Employed (2009 - 2025)
Elbit Systems (ESLT) posted quarterly Return on Capital Employed of 13.11% for Q4 2025, up 59.0% YoY from 8.24% in Q4 2024, and up 7.33% sequentially from 12.21% in Q3 2025.
Elbit Systems (ESLT) Return on Capital Employed (2009 - 2025) Analysis & Trends
Elbit Systems has disclosed Return on Capital Employed across 17 years of filings, most recently posting 13.11% for Q4 2025.
- In Q4 2025, Return on Capital Employed rose 59.0% year-over-year to 13.11%; the TTM figure through Dec 2025 stood at 13.11% (up 59.0% YoY), while the FY2025 annual figure was 11.5%, up 180.0% from the prior year.
- Return on Capital Employed rose to 13.11% in Q4 2025, from 12.21% in the prior quarter.
- Over the last five years, Return on Capital Employed for ESLT reached as high as 13.48% in Q1 2025 and fell as low as 7.25% in Q1 2022.
- The 5-year median for Return on Capital Employed is 8.43% (2023), against an average of 9.61%.
- Annual changes were most pronounced in 2022 — Return on Capital Employed sank 76 bps — and 2025, when it surged 574 bps.
- A 5-year view of Return on Capital Employed shows it stood at 8.02% in 2021, then slipped by 9 bps to 7.27% in 2022, then gained by 5 bps to 7.6% in 2023, then soared by 65 bps to 12.52% in 2024, then advanced by 5 bps to 13.11% in 2025.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 13.11%, 12.21%, and 13.04% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 7.00% |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 8.75% |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 14.01% |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | 19.82% |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 23.50% |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 19.95% |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | 6.49% |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | -10.40% |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | 12.10% |
| 10 | Elbit Systems | 34.74 Bn | 33.92 Bn | 529.79 Mn | 13.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 13.11% |
| Sep 30, 2025 | 12.21% |
| Jun 30, 2025 | 13.04% |
| Mar 31, 2025 | 13.48% |
| Dec 31, 2024 | 12.52% |
| Sep 30, 2024 | 12.21% |
| Jun 30, 2024 | 7.94% |
| Mar 31, 2024 | 7.74% |
| Dec 31, 2023 | 7.60% |
| Sep 30, 2023 | 8.90% |
| Jun 30, 2023 | 8.45% |
| Mar 31, 2023 | 8.43% |
| Dec 31, 2022 | 7.27% |
| Sep 30, 2022 | 7.30% |
| Jun 30, 2022 | 7.90% |
| Mar 31, 2022 | 7.25% |
| Dec 31, 2021 | 8.02% |
| Dec 31, 2020 | 7.63% |
| Dec 31, 2019 | 6.35% |
| Dec 31, 2018 | 9.20% |