Elbit Systems Ltd. (ESLT) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 2.19B | 2.15B | 1.92B | 1.97B | 1.9B | 1.93B | 1.72B | 1.63B | 1.55B | 1.63B | 1.5B | 1.45B |
| Revenue Growth % | 15.46% | 11.31% | 11.88% | 21.31% | 22% | 18.72% | 14.38% | 11.85% | 11.52% | 7.92% | 11.31% | 11.55% |
| Cost of Goods Sold | 1.64B | 1.62B | 1.44B | 1.5B | 1.44B | 1.47B | 1.3B | 1.24B | 1.18B | 1.24B | 1.13B | 1.08B |
| COGS % of Revenue | 74.78% | 75.34% | 75.11% | 76.03% | 76.04% | 75.9% | 75.97% | 76.04% | 75.92% | 76.5% | 75.55% | 74.4% |
| Gross Profit | 552.06M | 529.79M | 478.24M | 472.91M | 454.31M | 465.2M | 412.78M | 389.69M | 374.15M | 382.11M | 367.17M | 372.16M |
| Gross Margin % | 25.22% | 24.66% | 24.89% | 23.97% | 23.96% | 24.1% | 24.03% | 23.96% | 24.08% | 23.5% | 24.45% | 25.6% |
| Gross Profit Growth % | 21.52% | 13.88% | 15.86% | 21.36% | 21.42% | 21.75% | 12.42% | 4.71% | 3.49% | 0.39% | 12.64% | 9.55% |
| Operating Expenses | 346.93M | 321.57M | 306.81M | 315.09M | 304.6M | 302.9M | 286.98M | 273.2M | 268.79M | 314.53M | 261.12M | 270.57M |
| OpEx % of Revenue | 15.85% | 14.97% | 15.97% | 15.97% | 16.07% | 15.69% | 16.71% | 16.8% | 17.3% | 19.35% | 17.39% | 18.61% |
| Selling, General & Admin | 196.54M | 177.48M | 177.69M | 185.43M | 190.33M | 171.71M | 167.09M | 156.4M | 170.26M | 203.77M | 157.81M | 177.14M |
| SG&A % of Revenue | 8.98% | 8.26% | 9.25% | 9.4% | 10.04% | 8.9% | 9.73% | 9.62% | 10.96% | 12.53% | 10.51% | 12.18% |
| Research & Development | 150.39M | 144.09M | 129.11M | 129.67M | 114.27M | 131.19M | 119.89M | 116.8M | 98.52M | 117.36M | 103.31M | 93.43M |
| R&D % of Revenue | 6.87% | 6.71% | 6.72% | 6.57% | 6.03% | 6.8% | 6.98% | 7.18% | 6.34% | 7.22% | 6.88% | 6.43% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | 0 | 0 |
| Operating Income | 205.13M | 208.22M | 171.43M | 157.82M | 149.71M | 162.3M | 125.81M | 116.48M | 105.36M | 67.58M | 106.05M | 101.58M |
| Operating Margin % | 9.37% | 9.69% | 8.92% | 8% | 7.9% | 8.41% | 7.32% | 7.16% | 6.78% | 4.16% | 7.06% | 6.99% |
| Operating Income Growth % | 37.02% | 28.29% | 36.27% | 35.48% | 42.09% | 140.17% | 18.63% | 14.67% | 12.21% | -43.84% | 44.44% | -11.76% |
| EBITDA | 250.95M | 250.83M | 215M | 201.2M | 191.58M | 203.55M | 164.83M | 154.65M | 145.32M | 108.9M | 148.79M | 141.26M |
| EBITDA Margin % | 11.46% | 11.67% | 11.19% | 10.2% | 10.11% | 10.55% | 9.6% | 9.51% | 9.35% | 6.7% | 9.91% | 9.72% |
| EBITDA Growth % | 30.99% | 23.23% | 30.44% | 30.1% | 31.83% | 86.91% | 10.78% | 9.48% | 7.68% | -32.15% | 32.05% | -10.38% |
| D&A (Non-Cash Add-back) | 45.82M | 42.61M | 43.57M | 43.38M | 41.88M | 41.25M | 39.02M | 38.16M | 39.96M | 41.32M | 42.74M | 39.68M |
| EBIT | 206.85M | 149.57M | 172.79M | 156.47M | 154.65M | 116.49M | 132.81M | 114.45M | 110.66M | 6.81M | 104.2M | 99.9M |
| Net Interest Income | -32.19M | -34.73M | -34.96M | -31.17M | -38.96M | -45.91M | -44.95M | -29.08M | -31.18M | -45.84M | -35.72M | -32.06M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 735.94K | 0 | 0 | 0 | 2.41M | 0 | 0 |
| Interest Expense | 32.19M | 34.73M | 34.96M | 31.17M | 38.96M | 46.64M | 44.95M | 29.08M | 31.18M | 48.25M | 35.72M | 32.06M |
| Other Income/Expense | -21.51M | -18.66M | -26.35M | -24.74M | -26.28M | -68.71M | -33.67M | -26.62M | -20.04M | -42.22M | -35.18M | -29.91M |
| Pretax Income | 183.62M | 189.56M | 145.09M | 133.08M | 123.43M | 93.59M | 92.14M | 89.86M | 85.32M | 25.36M | 70.87M | 71.67M |
| Pretax Margin % | 8.39% | 8.82% | 7.55% | 6.75% | 6.51% | 4.85% | 5.36% | 5.53% | 5.49% | 1.56% | 4.72% | 4.93% |
| Income Tax | 22.77M | 21.01M | 11.41M | 7.06M | 16.06M | 3.37M | 12.83M | 11.26M | 11.6M | -5.04M | 10.01M | 9.25M |
| Effective Tax Rate % | 12.4% | 11.08% | 7.86% | 5.3% | 13.01% | 3.6% | 13.92% | 12.53% | 13.59% | -19.89% | 14.13% | 12.9% |
| Net Income | 160.79M | 168.16M | 133.4M | 125.7M | 107.08M | 89.99M | 79.11M | 78.36M | 73.67M | 30.01M | 60.7M | 62.35M |
| Net Margin % | 7.35% | 7.83% | 6.94% | 6.37% | 5.65% | 4.66% | 4.61% | 4.82% | 4.74% | 1.85% | 4.04% | 4.29% |
| Net Income Growth % | 50.16% | 86.86% | 68.63% | 60.4% | 45.35% | 199.9% | 30.32% | 25.68% | 18.7% | -64.82% | 7.97% | -23.18% |
| Net Income (Continuing) | 160.85M | 168.55M | 133.68M | 126.02M | 107.37M | 90.22M | 79.31M | 78.6M | 73.73M | 30.4M | 60.86M | 62.42M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 15K | 375.08K | 4.56M | 4.38M | 3.83M | 3.44M | 3.44M | 3.04M | 2.79M | 2.76M | 2.29M | 2.22M |
| EPS (Diluted) | 3.34 | 3.59 | 2.84 | 2.69 | 2.35 | 2.00 | 1.77 | 1.76 | 1.63 | 0.71 | 1.33 | 1.37 |
| EPS Growth % | 42.13% | 79.5% | 60.45% | 52.84% | 44.17% | 181.69% | 33.08% | 28.47% | 18.98% | -62.63% | 5.56% | -24.73% |
| EPS (Basic) | 3.46 | 3.70 | 2.92 | 2.76 | 2.40 | 2.02 | 1.78 | 1.76 | 1.64 | 0.71 | 1.34 | 1.38 |
| Diluted Shares Outstanding | 48.12M | 47.76M | 47.67M | 46.7M | 45.55M | 44.94M | 44.62M | 44.62M | 44.66M | 44.63M | 44.64M | 44.64M |
| Basic Shares Outstanding | 46.48M | 46.39M | 46.35M | 45.51M | 44.59M | 44.51M | 44.48M | 44.48M | 44.46M | 44.45M | 44.36M | 44.35M |
| Dividend Payout Ratio | 21.98% | 21.44% | 20.84% | 21.34% | 20.8% | 24.71% | 28.12% | 28.38% | 30.18% | 74.03% | 36.53% | 36.38% |