Elbit Systems Ltd. (TLV:ESLT)
Israel · Delayed Price · Currency is ILS · Price in ILA 211,190
-2,800 (-1.31%)
Aug 28, 2026, 1:47 PM IDT
Elbit Systems Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 635.98 | 534.34 | 321.14 | 215.13 | 275.45 | 274.35 |
Depreciation & Amortization | 179.71 | 171.43 | 158.39 | 164.8 | 161.29 | 153.09 |
Other Amortization | 0.17 | 0.39 | 0.49 | 0.58 | 0.77 | 0.4 |
Loss (Gain) From Sale of Assets | 2.52 | 2.89 | -0.6 | -0.65 | -19 | -14.46 |
Loss (Gain) From Sale of Investments | -11.47 | -4.52 | 18.14 | 4.99 | -7.36 | -15.15 |
Loss (Gain) on Equity Investments | -10.15 | -10.19 | -8.21 | 10.05 | 11.37 | 7.72 |
Stock-Based Compensation | 29.46 | 26.39 | 15.76 | 12.14 | 10.46 | 5.31 |
Other Operating Activities | -1.16 | -13.41 | 2.38 | -12.44 | -2.2 | 39.41 |
Change in Accounts Receivable | -1,115 | -659.95 | -473.93 | -96.59 | 97.15 | -430.3 |
Change in Inventory | -293.26 | -357.93 | -480.31 | -351.59 | -305.06 | -336.22 |
Change in Accounts Payable | 427.92 | 463.91 | 65.66 | 175.45 | -123.29 | 105.2 |
Change in Unearned Revenue | 1,173 | 651.33 | 955.86 | 16.19 | 192.16 | 617.74 |
Change in Other Net Operating Assets | -25.9 | -26.33 | -40.16 | -24.33 | -51.69 | 9.83 |
Operating Cash Flow | 992.19 | 778.38 | 534.61 | 113.71 | 240.07 | 416.93 |
Operating Cash Flow Growth | 22.10% | 45.60% | 370.16% | -52.63% | -42.42% | 49.53% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -310.65 | -225.57 | -215.05 | -187.04 | -205.11 | -188.62 |
Sale of Property, Plant & Equipment | 1.96 | 1.13 | 4.11 | 1.47 | 24.88 | 25.75 |
Cash Acquisitions | -33.74 | - | - | -10.38 | -63.18 | -445.57 |
Divestitures | 0.4 | 0.4 | 7.38 | - | 81.49 | - |
Investment in Securities | 70.22 | -166.65 | 24.91 | -14.73 | 9.75 | 20.25 |
Other Investing Activities | -0.03 | -0.03 | -0.18 | 0.08 | 0.19 | 0.48 |
Investing Cash Flow | -271.84 | -390.72 | -178.83 | -210.6 | -151.98 | -587.72 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | - | 36.38 | 461.1 | 99 | - |
Long-Term Debt Issued | - | - | - | 20 | 39.55 | 1,052 |
Total Debt Issued | -0.38 | - | 36.38 | 481.1 | 138.55 | 1,052 |
Short-Term Debt Repaid | - | -400.32 | -162.12 | - | - | -285.32 |
Long-Term Debt Repaid | - | -78.92 | -73.18 | -308.67 | -187.73 | -536.06 |
Total Debt Repaid | -445.33 | -479.24 | -235.3 | -308.67 | -187.73 | -821.38 |
Net Debt Issued (Repaid) | -445.71 | -479.24 | -198.92 | 172.43 | -49.18 | 230.14 |
Issuance of Common Stock | 0.2 | 573.06 | 0.03 | 0.03 | 0.02 | 0.02 |
Common Dividends Paid | -144.36 | -111.69 | -88.96 | -89.25 | -86.81 | -79.18 |
Other Financing Activities | 15.75 | - | - | - | - | - |
Financing Cash Flow | -574.12 | -17.87 | -287.85 | 83.21 | -135.97 | 150.99 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | 146.22 | 369.79 | 67.92 | -13.68 | -47.89 | -19.8 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 681.54 | 552.81 | 319.56 | -73.33 | 34.96 | 228.31 |
Free Cash Flow Growth | 6.39% | 72.99% | - | - | -84.69% | 55.71% |
Free Cash Flow Margin | 7.98% | 6.96% | 4.68% | -1.23% | 0.63% | 4.32% |
Free Cash Flow Per Share | 14.22 | 11.78 | 7.15 | -1.64 | 0.78 | 5.16 |
Levered Free Cash Flow | -38.48 | 588.99 | 31.06 | -203.59 | 295.74 | 115.73 |
Unlevered Free Cash Flow | -21.31 | 615.87 | 86.82 | -154.26 | 319.3 | 130.5 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 37.49 | 37.49 | 76.33 | 66.77 | 25.58 | 18.99 |
Cash Income Tax Paid | 58.5 | 58.5 | 34.89 | 30.71 | 75.59 | 38.17 |
Change in Working Capital | 167.13 | 71.04 | 27.13 | -280.89 | -190.72 | -33.74 |