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
DateValue
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%