Elbit Total Revenue vs Operating Income Analysis

ESLT Stock

USD 244.55 8.45 3.34%

Elbit Systems financial indicator trend analysis is much more than just examining Elbit Systems latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Elbit Systems is a good investment. Please check the relationship between Elbit Systems Total Revenue and its Operating Income accounts. 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.

Total Revenue vs Operating Income

Total Revenue vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Elbit Systems Total Revenue account and Operating Income. At this time, the significance of the direction appears to have strong relationship.

The correlation between Elbit Systems' Total Revenue and Operating Income is 0.71. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Operating Income in the same time period over historical financial statements of Elbit Systems, assuming nothing else is changed. The correlation between historical values of Elbit Systems' Total Revenue and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Elbit Systems are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Revenue i.e., Elbit Systems' Total Revenue and Operating Income go up and down completely randomly.

Correlation Coefficient

0.71

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

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.

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.

Most indicators from Elbit Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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' Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 11.3 B in 2024, whereas Selling General Administrative is likely to drop slightly above 189.3 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 fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Liab	Other Assets	Long Term Debt
Total Assets		0.96	0.85	0.99	0.98	0.98	0.95	0.98	0.98	0.46	0.99	0.33	0.25	0.98	0.64	0.79	0.96	0.91	0.88	1.0	1.0	0.79	0.69	0.82	0.85	0.46
Short Long Term Debt Total	0.96		0.85	0.95	0.91	0.98	0.99	0.89	0.92	0.44	0.97	0.23	0.26	0.92	0.6	0.81	0.92	0.91	0.88	0.97	0.95	0.76	0.65	0.79	0.74	0.55
Other Current Liab	0.85	0.85		0.87	0.83	0.85	0.85	0.81	0.84	0.26	0.82	0.04	0.12	0.81	0.43	0.55	0.89	0.84	0.63	0.85	0.87	0.76	0.49	0.58	0.65	0.36
Total Current Liabilities	0.99	0.95	0.87		0.98	0.98	0.94	0.97	0.99	0.37	0.97	0.25	0.16	0.97	0.57	0.71	0.98	0.92	0.83	0.99	0.99	0.84	0.63	0.76	0.85	0.37
Total Stockholder Equity	0.98	0.91	0.83	0.98		0.95	0.9	1.0	0.98	0.44	0.96	0.33	0.24	0.98	0.64	0.71	0.96	0.9	0.85	0.97	0.99	0.82	0.7	0.76	0.86	0.35
Property Plant And Equipment Net	0.98	0.98	0.85	0.98	0.95		0.98	0.94	0.96	0.38	0.97	0.18	0.17	0.95	0.55	0.75	0.96	0.93	0.87	0.98	0.98	0.82	0.61	0.77	0.77	0.42
Net Debt	0.95	0.99	0.85	0.94	0.9	0.98		0.87	0.92	0.32	0.95	0.18	0.15	0.9	0.52	0.77	0.92	0.92	0.84	0.96	0.94	0.78	0.57	0.75	0.72	0.51
Retained Earnings	0.98	0.89	0.81	0.97	1.0	0.94	0.87		0.98	0.45	0.96	0.37	0.25	0.98	0.64	0.71	0.94	0.87	0.84	0.96	0.98	0.8	0.7	0.78	0.88	0.34
Accounts Payable	0.98	0.92	0.84	0.99	0.98	0.96	0.92	0.98		0.34	0.96	0.27	0.1	0.98	0.54	0.69	0.94	0.88	0.83	0.97	0.98	0.86	0.6	0.77	0.87	0.28
Cash	0.46	0.44	0.26	0.37	0.44	0.38	0.32	0.45	0.34		0.49	0.49	0.9	0.44	0.82	0.66	0.32	0.25	0.62	0.46	0.43	0.14	0.81	0.66	0.4	0.52
Non Current Assets Total	0.99	0.97	0.82	0.97	0.96	0.97	0.95	0.96	0.96	0.49		0.39	0.28	0.98	0.66	0.83	0.92	0.88	0.9	1.0	0.98	0.76	0.71	0.86	0.86	0.52
Non Currrent Assets Other	0.33	0.23	0.04	0.25	0.33	0.18	0.18	0.37	0.27	0.49	0.39		0.46	0.38	0.53	0.5	0.15	0.09	0.32	0.33	0.28	-0.03	0.55	0.52	0.6	0.46
Cash And Short Term Investments	0.25	0.26	0.12	0.16	0.24	0.17	0.15	0.25	0.1	0.9	0.28	0.46		0.2	0.79	0.46	0.16	0.12	0.39	0.25	0.23	-0.02	0.77	0.42	0.2	0.53
Net Receivables	0.98	0.92	0.81	0.97	0.98	0.95	0.9	0.98	0.98	0.44	0.98	0.38	0.2		0.59	0.77	0.92	0.86	0.87	0.98	0.98	0.77	0.65	0.83	0.87	0.37
Common Stock Shares Outstanding	0.64	0.6	0.43	0.57	0.64	0.55	0.52	0.64	0.54	0.82	0.66	0.53	0.79	0.59		0.66	0.56	0.48	0.7	0.63	0.61	0.38	0.99	0.67	0.63	0.56
Non Current Liabilities Total	0.79	0.81	0.55	0.71	0.71	0.75	0.77	0.71	0.69	0.66	0.83	0.5	0.46	0.77	0.66		0.62	0.65	0.91	0.81	0.74	0.36	0.67	0.96	0.64	0.75
Inventory	0.96	0.92	0.89	0.98	0.96	0.96	0.92	0.94	0.94	0.32	0.92	0.15	0.16	0.92	0.56	0.62		0.95	0.77	0.95	0.97	0.84	0.62	0.65	0.78	0.36
Other Current Assets	0.91	0.91	0.84	0.92	0.9	0.93	0.92	0.87	0.88	0.25	0.88	0.09	0.12	0.86	0.48	0.65	0.95		0.77	0.91	0.93	0.72	0.52	0.61	0.63	0.47
Other Stockholder Equity	0.88	0.88	0.63	0.83	0.85	0.87	0.84	0.84	0.83	0.62	0.9	0.32	0.39	0.87	0.7	0.91	0.77	0.77		0.88	0.86	0.59	0.72	0.92	0.68	0.52
Total Liab	1.0	0.97	0.85	0.99	0.97	0.98	0.96	0.96	0.97	0.46	1.0	0.33	0.25	0.98	0.63	0.81	0.95	0.91	0.88		0.99	0.77	0.68	0.83	0.84	0.5
Total Current Assets	1.0	0.95	0.87	0.99	0.99	0.98	0.94	0.98	0.98	0.43	0.98	0.28	0.23	0.98	0.61	0.74	0.97	0.93	0.86	0.99		0.81	0.67	0.78	0.83	0.41
Short Term Debt	0.79	0.76	0.76	0.84	0.82	0.82	0.78	0.8	0.86	0.14	0.76	-0.03	-0.02	0.77	0.38	0.36	0.84	0.72	0.59	0.77	0.81		0.44	0.49	0.73	-0.07
Common Stock	0.69	0.65	0.49	0.63	0.7	0.61	0.57	0.7	0.6	0.81	0.71	0.55	0.77	0.65	0.99	0.67	0.62	0.52	0.72	0.68	0.67	0.44		0.68	0.68	0.55
Other Liab	0.82	0.79	0.58	0.76	0.76	0.77	0.75	0.78	0.77	0.66	0.86	0.52	0.42	0.83	0.67	0.96	0.65	0.61	0.92	0.83	0.78	0.49	0.68		0.76	0.56
Other Assets	0.85	0.74	0.65	0.85	0.86	0.77	0.72	0.88	0.87	0.4	0.86	0.6	0.2	0.87	0.63	0.64	0.78	0.63	0.68	0.84	0.83	0.73	0.68	0.76		0.27
Long Term Debt	0.46	0.55	0.36	0.37	0.35	0.42	0.51	0.34	0.28	0.52	0.52	0.46	0.53	0.37	0.56	0.75	0.36	0.47	0.52	0.5	0.41	-0.07	0.55	0.56	0.27

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Elbit Systems Account Relationship Matchups

Elbit Systems fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.3B	8.1B	9.3B	9.2B	9.7B	10.1B
Short Long Term Debt Total	1.2B	1.2B	1.5B	1.3B	1.5B	1.5B
Other Current Liab	1.1B	1.2B	2.8B	1.1B	2.8B	2.9B
Total Current Liabilities	3.2B	3.6B	4.0B	4.3B	4.8B	5.1B
Total Stockholder Equity	2.1B	2.2B	2.5B	2.8B	2.9B	3.1B
Property Plant And Equipment Net	1.1B	1.2B	1.3B	1.4B	1.5B	1.6B
Net Debt	1.0B	924.4M	1.2B	1.1B	1.3B	1.3B
Retained Earnings	1.9B	2.0B	2.2B	2.4B	2.5B	2.6B
Accounts Payable	926.3M	1.0B	1.0B	1.1B	1.3B	1.3B
Cash	221.1M	278.8M	259.0M	211.1M	197.4M	170.1M
Non Current Assets Total	3.7B	3.8B	4.3B	4.2B	4.2B	4.4B
Non Currrent Assets Other	546.3M	605.8M	617.3M	601.8M	223.2M	387.7M
Cash And Short Term Investments	223.3M	280.3M	260.2M	212.1M	207.9M	201.3M
Net Receivables	2.2B	2.5B	2.8B	2.7B	2.7B	2.9B
Common Stock Shares Outstanding	43.8M	44.2M	44.3M	44.6M	44.6M	43.3M
Liabilities And Stockholders Equity	7.3B	8.1B	9.3B	9.2B	9.7B	10.1B
Non Current Liabilities Total	2.0B	2.2B	2.7B	2.2B	2.0B	1.1B
Inventory	1.2B	1.3B	1.7B	1.9B	2.3B	2.4B
Other Current Assets	162.9M	131.5M	255.4M	298.7M	285.4M	299.6M
Other Stockholder Equity	411.6M	415.7M	421.0M	431.4M	439.9M	273.2M
Total Liab	5.2B	5.8B	6.8B	6.5B	6.7B	7.1B
Total Current Assets	3.7B	4.3B	5.0B	5.0B	5.5B	5.7B
Short Term Debt	470.8M	396.5M	183.1M	261.0M	719.3M	755.2M
Accumulated Other Comprehensive Income	(145.0M)	(211.2M)	(97.9M)	(71.6M)	(17.6M)	(18.5M)
Other Liab	1.2B	1.4B	1.5B	1.2B	1.3B	674.8M
Other Assets	692.4M	775.6M	682.5M	727.4M	836.5M	878.3M
Long Term Debt	440.1M	408.8M	884.9M	680.1M	384.1M	399.6M
Good Will	1.3B	1.3B	1.6B	1.5B	1.5B	1.6B
Intangible Assets	310.8M	290.8M	473.9M	435.1M	390.5M	237.3M
Property Plant Equipment	1.1B	1.2B	1.3B	1.4B	1.6B	1.6B
Current Deferred Revenue	723.6M	1.0B	1.5B	1.8B	1.6B	1.7B
Short Term Investments	2.2M	1.5M	1.2M	1.0M	10.5M	10.0M
Property Plant And Equipment Gross	1.1B	1.2B	1.3B	1.4B	3.0B	3.1B
Net Tangible Assets	505.5M	621.1M	512.0M	820.0M	943.0M	719.0M
Long Term Investments	212.1M	195.6M	316.1M	272.1M	152.5M	217.4M
Short Long Term Debt	408.3M	331.0M	106.4M	191.6M	651.9M	684.5M

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