ESLT

ELBIT SYSTEMS LTD

Industrials Quarter ended 2025-12-31 Filed 2026-03-17

ELBIT SYSTEMS LTD (ESLT) files with the SEC as an industrials company. Its most recent balance sheet puts total assets at $12.7B, against $8.5B of liabilities and $4.1B of equity, as at 2025-12-31. That balance sheet grew 15.4% against 2024-12-31, when total assets were $11.0B. Liabilities account for 67.4% of the balance sheet and equity 32.6%, about $2.07 of liabilities for every dollar of equity. The largest single line on the asset side is Receivables at $3.3B, 26.3% of total assets, followed by Inventory at $3.1B. Its largest single liability is Accounts payable at $1.5B, 11.9% of the balance sheet. By total assets it is the 93rd largest of the 841 industrials companies covered here. The figures come from a filing filed on 2026-03-17. Assets equal liabilities plus equity on the filed figures, so this balance sheet reconciles directly. Every figure above is as filed. Nothing is estimated, smoothed or restated, and where the filing and the identity disagree the disagreement is shown rather than closed.

What it owns, and who has a claim on it

Both columns are the same height because they are the same money, counted twice: once by what it is, once by who it belongs to.

Owns$12.7B
Owed & owned$8.5B + $4.1B
Assets, line by line
Cash$635M5%
Receivables$3.3B26%
Inventory$3.1B25%
Property & equipment$1.4B11%
Goodwill$1.5B12%
Intangibles$325M3%
Other assets$2.4B19%
Liabilities and equity, line by line
Accounts payable$1.5B12%
Long-term debt$18M0%
Other liabilities$7.0B55%
Shareholders' equity$4.1B33%
Total liabilities is not stated separately in this filing. It is computed from liabilities and equity, less equity — exact arithmetic from the filer's own figures, not an estimate.

It is mostly funded by others: equity is 33% of the balance sheet and liabilities are the remaining 67%.

Where the money goes

Every dollar of revenue over the year ended 2025-12-31, and what is left after each cost comes out.

Revenue in$7.9B
Revenue and costs, line by line
Cost of salesWhat it costs to make or buy what it sells$6.0B76%
Operating costsRunning the business: staff, marketing, admin · computed as a remainder$1.3B16%
TaxTax on profit$56M1%
Everything elseInterest and other items · computed as a remainder$82M1%

Of every dollar ESLT took in, 0.07 was left as profit after all costs and tax — $534 million on $7.9 billion of revenue.

The largest single outflow is cost of sales, at 76% of revenue.

The size of it

Its annual sales sit between Montenegro and Maldives.

Rwanda$14.1B
Namibia$12.4B
Montenegro$8.0B
ELBIT SYSTEMS LTD$7.9B
Maldives$7.2B
Barbados$6.8B
Fiji$5.7B
These measure different things. A country's GDP is everything it produced in a year. A company's revenue is what it sold. They share a unit, not a meaning — this shows how big the number is, and nothing more. A company is not "bigger than" a country.

Company figure: year ended 2025-12-31. GDP: World Bank, GDP (current US$), indicator NY.GDP.MKTP.CD, 2024.

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