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.

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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.

Net Income Gross Profit

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 Gross Profit Other Operating Expenses Operating Income Total Operating Expenses Tax Provision

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.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax 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 Profit	1.4B	1.4B	1.5B	1.6B
Total Revenue	5.3B	5.5B	6.1B	6.4B

Gross Profit Total Revenue

Elbit Systems income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Selling And Marketing Expenses	Minority Interest	Discontinued Operations	Net Income From Continuing Ops	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.45	0.65	0.68	0.65	0.72	0.72	0.71	0.84	0.64	0.7	0.65	-0.28	0.71	0.32	0.69	0.89	0.07	0.04	0.41	0.11	-0.32	-0.25	0.42	0.17
Interest Expense	0.45		0.88	0.84	0.88	0.56	0.58	0.84	0.58	0.88	0.85	0.39	-0.88	0.48	0.05	0.72	0.68	0.09	-0.59	0.68	-0.34	-0.7	-0.86	0.8	0.58
Total Revenue	0.65	0.88		0.99	1.0	0.71	0.72	0.99	0.75	1.0	0.99	0.6	-0.84	0.64	0.31	0.86	0.82	-0.15	-0.59	0.82	-0.09	-0.71	-0.8	0.87	0.57
Gross Profit	0.68	0.84	0.99		0.99	0.76	0.77	0.99	0.79	0.98	0.99	0.67	-0.77	0.7	0.36	0.83	0.86	-0.12	-0.56	0.81	-0.05	-0.71	-0.74	0.81	0.54
Other Operating Expenses	0.65	0.88	1.0	0.99		0.7	0.71	0.99	0.74	1.0	0.99	0.58	-0.84	0.63	0.3	0.87	0.81	-0.15	-0.59	0.81	-0.1	-0.7	-0.8	0.88	0.57
Operating Income	0.72	0.56	0.71	0.76	0.7		1.0	0.74	0.98	0.69	0.69	0.95	-0.37	0.97	0.59	0.76	0.85	0.15	0.04	0.71	0.21	-0.71	-0.31	0.55	0.16
Ebit	0.72	0.58	0.72	0.77	0.71	1.0		0.75	0.98	0.71	0.71	0.94	-0.39	0.96	0.6	0.77	0.86	0.13	0.01	0.74	0.21	-0.72	-0.35	0.57	0.2
Research Development	0.71	0.84	0.99	0.99	0.99	0.74	0.75		0.78	0.99	0.99	0.64	-0.78	0.69	0.32	0.87	0.86	-0.12	-0.5	0.81	-0.07	-0.71	-0.73	0.85	0.49
Ebitda	0.84	0.58	0.75	0.79	0.74	0.98	0.98	0.78		0.73	0.75	0.92	-0.39	0.95	0.55	0.79	0.92	0.12	0.02	0.69	0.19	-0.65	-0.34	0.56	0.2
Cost Of Revenue	0.64	0.88	1.0	0.98	1.0	0.69	0.71	0.99	0.73		0.99	0.57	-0.85	0.62	0.29	0.87	0.8	-0.16	-0.6	0.82	-0.1	-0.7	-0.81	0.89	0.58
Total Operating Expenses	0.7	0.85	0.99	0.99	0.99	0.69	0.71	0.99	0.75	0.99		0.59	-0.8	0.64	0.29	0.84	0.85	-0.16	-0.59	0.79	-0.1	-0.67	-0.77	0.83	0.58
Income Before Tax	0.65	0.39	0.6	0.67	0.58	0.95	0.94	0.64	0.92	0.57	0.59		-0.16	0.97	0.75	0.59	0.75	0.15	0.14	0.65	0.39	-0.66	-0.12	0.4	-0.06
Total Other Income Expense Net	-0.28	-0.88	-0.84	-0.77	-0.84	-0.37	-0.39	-0.78	-0.39	-0.85	-0.8	-0.16		-0.24	0.06	-0.76	-0.48	0.27	0.76	-0.69	0.36	0.54	0.95	-0.9	-0.79
Net Income	0.71	0.48	0.64	0.7	0.63	0.97	0.96	0.69	0.95	0.62	0.64	0.97	-0.24		0.56	0.66	0.84	0.21	0.13	0.65	0.17	-0.69	-0.18	0.43	-0.01
Income Tax Expense	0.32	0.05	0.31	0.36	0.3	0.59	0.6	0.32	0.55	0.29	0.29	0.75	0.06	0.56		0.29	0.29	-0.15	0.12	0.49	0.86	-0.39	0.05	0.24	-0.14
Selling General Administrative	0.69	0.72	0.86	0.83	0.87	0.76	0.77	0.87	0.79	0.87	0.84	0.59	-0.76	0.66	0.29		0.77	-0.23	-0.28	0.83	-0.02	-0.64	-0.67	0.9	0.52
Selling And Marketing Expenses	0.89	0.68	0.82	0.86	0.81	0.85	0.86	0.86	0.92	0.8	0.85	0.75	-0.48	0.84	0.29	0.77		0.17	-0.17	0.62	-0.09	-0.63	-0.45	0.54	0.33
Minority Interest	0.07	0.09	-0.15	-0.12	-0.15	0.15	0.13	-0.12	0.12	-0.16	-0.16	0.15	0.27	0.21	-0.15	-0.23	0.17		0.4	-0.33	-0.29	-0.16	0.26	-0.38	-0.41
Discontinued Operations	0.04	-0.59	-0.59	-0.56	-0.59	0.04	0.01	-0.5	0.02	-0.6	-0.59	0.14	0.76	0.13	0.12	-0.28	-0.17	0.4		-0.4	0.31	0.25	0.83	-0.54	-0.8
Net Income From Continuing Ops	0.41	0.68	0.82	0.81	0.81	0.71	0.74	0.81	0.69	0.82	0.79	0.65	-0.69	0.65	0.49	0.83	0.62	-0.33	-0.4		0.12	-0.84	-0.65	0.85	0.46
Tax Provision	0.11	-0.34	-0.09	-0.05	-0.1	0.21	0.21	-0.07	0.19	-0.1	-0.1	0.39	0.36	0.17	0.86	-0.02	-0.09	-0.29	0.31	0.12		0.03	0.34	-0.05	-0.31
Interest Income	-0.32	-0.7	-0.71	-0.71	-0.7	-0.71	-0.72	-0.71	-0.65	-0.7	-0.67	-0.66	0.54	-0.69	-0.39	-0.64	-0.63	-0.16	0.25	-0.84	0.03		0.54	-0.64	-0.25
Net Interest Income	-0.25	-0.86	-0.8	-0.74	-0.8	-0.31	-0.35	-0.73	-0.34	-0.81	-0.77	-0.12	0.95	-0.18	0.05	-0.67	-0.45	0.26	0.83	-0.65	0.34	0.54		-0.82	-0.86
Reconciled Depreciation	0.42	0.8	0.87	0.81	0.88	0.55	0.57	0.85	0.56	0.89	0.83	0.4	-0.9	0.43	0.24	0.9	0.54	-0.38	-0.54	0.85	-0.05	-0.64	-0.82		0.6
Extraordinary Items	0.17	0.58	0.57	0.54	0.57	0.16	0.2	0.49	0.2	0.58	0.58	-0.06	-0.79	-0.01	-0.14	0.52	0.33	-0.41	-0.8	0.46	-0.31	-0.25	-0.86	0.6

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Elbit Systems Account Relationship Matchups

Elbit Systems income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	130.9M	154.7M	159.1M	154.0M	164.8M	101.5M
Interest Expense	69.1M	71.3M	40.4M	51.4M	76.5M	80.3M
Total Revenue	4.5B	4.7B	5.3B	5.5B	6.1B	6.4B
Gross Profit	1.1B	1.2B	1.4B	1.4B	1.5B	1.6B
Other Operating Expenses	4.2B	4.3B	4.9B	5.1B	5.6B	5.9B
Operating Income	321.6M	325.7M	418.5M	367.5M	369.1M	198.7M
Ebit	321.6M	329.8M	417.5M	351.3M	380.0M	203.2M
Research Development	331.8M	359.7M	395.1M	435.7M	424.4M	445.6M
Ebitda	452.5M	484.5M	576.6M	505.3M	544.8M	304.6M
Cost Of Revenue	3.4B	3.5B	3.9B	4.1B	4.6B	4.8B
Total Operating Expenses	814.9M	839.4M	939.5M	1.0B	1.1B	1.2B
Income Before Tax	246.3M	261.8M	383.5M	292.6M	230.1M	172.1M
Total Other Income Expense Net	(75.3M)	(63.9M)	(35.1M)	(74.9M)	(139.1M)	(132.1M)
Net Income	227.9M	237.7M	274.4M	275.4M	215.1M	145.9M
Income Tax Expense	19.4M	36.4M	131.4M	24.1M	22.9M	27.1M
Selling General Administrative	214.7M	223.9M	267.4M	313.0M	336.9M	189.3M
Selling And Marketing Expenses	301.4M	290.7M	291.8M	326.0M	359.1M	255.5M
Minority Interest	18.4M	13.2M	(313K)	(21K)	(506K)	(480.7K)
Net Income Applicable To Common Shares	227.9M	237.7M	274.4M	275.4M	316.8M	174.6M
Net Income From Continuing Ops	228.7M	238.0M	274.7M	275.5M	270.9M	255.3M
Tax Provision	19.4M	36.4M	131.4M	24.1M	23.4M	22.2M
Interest Income	1.6M	1.1M	469K	383K	2.4M	2.3M
Net Interest Income	(44.5M)	(71.3M)	(40.4M)	(51.4M)	(118.8M)	(112.8M)
Reconciled Depreciation	137.1M	144.4M	153.1M	161.3M	163.6M	155.9M

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Elbit Historical Income Statement

About Elbit Income Statement Analysis

Elbit Systems Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Operating Income

Total Operating Expenses

Tax Provision

Elbit Systems income statement Correlations

Elbit Systems Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Elbit Systems income statement Accounts

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Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Ebit	+ 1.0	Operating Income
Gross Profit	+ 0.99	Total Revenue
Research Development	+ 0.99	Total Revenue

Reconciled Depreciation	- 0.9	Total Other Income Expense Net
Total Other Income Expense Net	- 0.88	Interest Expense
Extraordinary Items	- 0.86	Net Interest Income
Net Interest Income	- 0.86	Interest Expense
Total Other Income Expense Net	- 0.85	Cost Of Revenue
Interest Income	- 0.84	Net Income From Continuing Ops