Elbit Historical Income Statement

ESLT Stock  USD 244.55  8.45  3.34%   
Historical analysis of Elbit Systems income statement accounts such as Total Revenue of 6.4 B or Gross Profit of 1.6 B can show how well Elbit Systems performed in making a profits. Evaluating Elbit Systems income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Elbit Systems's future profits or losses.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Elbit Systems latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Elbit Systems is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elbit Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Elbit Stock please use our How to Invest in Elbit Systems guide.

About Elbit Income Statement Analysis

Elbit Systems Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Elbit Systems shareholders. The income statement also shows Elbit investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Elbit Systems Income Statement Chart

At this time, Elbit Systems' Interest Expense is comparatively stable compared to the past year. Total Revenue is likely to gain to about 6.4 B in 2024, whereas EBIT is likely to drop slightly above 203.2 M in 2024.

Total Revenue

Total revenue comprises all receipts Elbit Systems generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Elbit Systems minus its cost of goods sold. It is profit before Elbit Systems operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Elbit Systems. It is also known as Elbit Systems overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Elbit Systems operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Elbit Systems is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most accounts from Elbit Systems' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Elbit Systems current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elbit Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Elbit Stock please use our How to Invest in Elbit Systems guide.At this time, Elbit Systems' Interest Expense is comparatively stable compared to the past year. Total Revenue is likely to gain to about 6.4 B in 2024, whereas EBIT is likely to drop slightly above 203.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.4B1.4B1.5B1.6B
Total Revenue5.3B5.5B6.1B6.4B

Elbit Systems income statement Correlations

0.450.650.680.650.720.720.710.840.640.70.65-0.280.710.320.690.890.070.040.410.11-0.32-0.250.420.17
0.450.880.840.880.560.580.840.580.880.850.39-0.880.480.050.720.680.09-0.590.68-0.34-0.7-0.860.80.58
0.650.880.991.00.710.720.990.751.00.990.6-0.840.640.310.860.82-0.15-0.590.82-0.09-0.71-0.80.870.57
0.680.840.990.990.760.770.990.790.980.990.67-0.770.70.360.830.86-0.12-0.560.81-0.05-0.71-0.740.810.54
0.650.881.00.990.70.710.990.741.00.990.58-0.840.630.30.870.81-0.15-0.590.81-0.1-0.7-0.80.880.57
0.720.560.710.760.71.00.740.980.690.690.95-0.370.970.590.760.850.150.040.710.21-0.71-0.310.550.16
0.720.580.720.770.711.00.750.980.710.710.94-0.390.960.60.770.860.130.010.740.21-0.72-0.350.570.2
0.710.840.990.990.990.740.750.780.990.990.64-0.780.690.320.870.86-0.12-0.50.81-0.07-0.71-0.730.850.49
0.840.580.750.790.740.980.980.780.730.750.92-0.390.950.550.790.920.120.020.690.19-0.65-0.340.560.2
0.640.881.00.981.00.690.710.990.730.990.57-0.850.620.290.870.8-0.16-0.60.82-0.1-0.7-0.810.890.58
0.70.850.990.990.990.690.710.990.750.990.59-0.80.640.290.840.85-0.16-0.590.79-0.1-0.67-0.770.830.58
0.650.390.60.670.580.950.940.640.920.570.59-0.160.970.750.590.750.150.140.650.39-0.66-0.120.4-0.06
-0.28-0.88-0.84-0.77-0.84-0.37-0.39-0.78-0.39-0.85-0.8-0.16-0.240.06-0.76-0.480.270.76-0.690.360.540.95-0.9-0.79
0.710.480.640.70.630.970.960.690.950.620.640.97-0.240.560.660.840.210.130.650.17-0.69-0.180.43-0.01
0.320.050.310.360.30.590.60.320.550.290.290.750.060.560.290.29-0.150.120.490.86-0.390.050.24-0.14
0.690.720.860.830.870.760.770.870.790.870.840.59-0.760.660.290.77-0.23-0.280.83-0.02-0.64-0.670.90.52
0.890.680.820.860.810.850.860.860.920.80.850.75-0.480.840.290.770.17-0.170.62-0.09-0.63-0.450.540.33
0.070.09-0.15-0.12-0.150.150.13-0.120.12-0.16-0.160.150.270.21-0.15-0.230.170.4-0.33-0.29-0.160.26-0.38-0.41
0.04-0.59-0.59-0.56-0.590.040.01-0.50.02-0.6-0.590.140.760.130.12-0.28-0.170.4-0.40.310.250.83-0.54-0.8
0.410.680.820.810.810.710.740.810.690.820.790.65-0.690.650.490.830.62-0.33-0.40.12-0.84-0.650.850.46
0.11-0.34-0.09-0.05-0.10.210.21-0.070.19-0.1-0.10.390.360.170.86-0.02-0.09-0.290.310.120.030.34-0.05-0.31
-0.32-0.7-0.71-0.71-0.7-0.71-0.72-0.71-0.65-0.7-0.67-0.660.54-0.69-0.39-0.64-0.63-0.160.25-0.840.030.54-0.64-0.25
-0.25-0.86-0.8-0.74-0.8-0.31-0.35-0.73-0.34-0.81-0.77-0.120.95-0.180.05-0.67-0.450.260.83-0.650.340.54-0.82-0.86
0.420.80.870.810.880.550.570.850.560.890.830.4-0.90.430.240.90.54-0.38-0.540.85-0.05-0.64-0.820.6
0.170.580.570.540.570.160.20.490.20.580.58-0.06-0.79-0.01-0.140.520.33-0.41-0.80.46-0.31-0.25-0.860.6
Click cells to compare fundamentals

Elbit Systems Account Relationship Matchups

Elbit Systems income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization130.9M154.7M159.1M154.0M164.8M101.5M
Interest Expense69.1M71.3M40.4M51.4M76.5M80.3M
Total Revenue4.5B4.7B5.3B5.5B6.1B6.4B
Gross Profit1.1B1.2B1.4B1.4B1.5B1.6B
Other Operating Expenses4.2B4.3B4.9B5.1B5.6B5.9B
Operating Income321.6M325.7M418.5M367.5M369.1M198.7M
Ebit321.6M329.8M417.5M351.3M380.0M203.2M
Research Development331.8M359.7M395.1M435.7M424.4M445.6M
Ebitda452.5M484.5M576.6M505.3M544.8M304.6M
Cost Of Revenue3.4B3.5B3.9B4.1B4.6B4.8B
Total Operating Expenses814.9M839.4M939.5M1.0B1.1B1.2B
Income Before Tax246.3M261.8M383.5M292.6M230.1M172.1M
Total Other Income Expense Net(75.3M)(63.9M)(35.1M)(74.9M)(139.1M)(132.1M)
Net Income227.9M237.7M274.4M275.4M215.1M145.9M
Income Tax Expense19.4M36.4M131.4M24.1M22.9M27.1M
Selling General Administrative214.7M223.9M267.4M313.0M336.9M189.3M
Selling And Marketing Expenses301.4M290.7M291.8M326.0M359.1M255.5M
Minority Interest18.4M13.2M(313K)(21K)(506K)(480.7K)
Net Income Applicable To Common Shares227.9M237.7M274.4M275.4M316.8M174.6M
Net Income From Continuing Ops228.7M238.0M274.7M275.5M270.9M255.3M
Tax Provision19.4M36.4M131.4M24.1M23.4M22.2M
Interest Income1.6M1.1M469K383K2.4M2.3M
Net Interest Income(44.5M)(71.3M)(40.4M)(51.4M)(118.8M)(112.8M)
Reconciled Depreciation137.1M144.4M153.1M161.3M163.6M155.9M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Elbit Stock Analysis

When running Elbit Systems' price analysis, check to measure Elbit Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Elbit Systems is operating at the current time. Most of Elbit Systems' value examination focuses on studying past and present price action to predict the probability of Elbit Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elbit Systems' price. Additionally, you may evaluate how the addition of Elbit Systems to your portfolios can decrease your overall portfolio volatility.