← ELBIT SYSTEMS LTD
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $236.9m |
$239.1m
+0.93%
|
$206.7m
-13.54%
|
$227.9m
+10.22%
|
$237.7m
+4.30%
|
$274.4m
+15.44%
|
$275.4m
+0.40%
|
$215.1m
-21.90%
|
$321.1m
+49.28%
|
$534.3m
+66.39%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $238.8m | $240.6m | $208.7m | $228.7m | $238.0m | $274.7m | $275.5m | $215.9m | $321.9m | $535.6m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $1.9m | $1.5m | $1.9m | $798k | $328k | $313k | $21k | $725k | $726k | $1.3m | — | |
| Depreciation, Depletion and Amortization | $122.9m | $114.0m | $118.2m | $137.1m | $144.4m | $153.1m | $161.3m | $164.8m | $158.4m | $171.4m | $175.4m | |
| Amortization | $41.2m | $28.6m | $26.5m | $36.1m | $39.4m | $47.0m | $49.2m | $43.9m | $34.2m | $31.0m | $31.0m | |
| Depreciation | $81.7m | $85.4m | $91.7m | $101.1m | $105.0m | $106.1m | $112.1m | $120.9m | $124.2m | $140.5m | $140.5m | |
| Deferred Income Tax Expense (Benefit) | $5.7m | $23.8m | $3.5m | ($4.5m) | ($1.9m) | $2.4m | ($12.0m) | ($3.0m) | ($16.0m) | ($50.0m) | ($23.1m) | |
| Share-based Payment Arrangement, Noncash Expense | $70k | $13k | $1.4m | $4.0m | $4.1m | $5.3m | $10.5m | $12.1m | $15.8m | $26.4m | $27.5m | |
| Equity Method Investment, Other than Temporary Impairment | $2.5m | $0 | $17.5m | $3.7m | $4.4m | — | — | — | $0 | $0 | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | — | — | — | — | — | — | |
| Equity Method Investment, Realized Gain (Loss) on Disposal | — | $1.4m | — | ($7.9m) | — | — | ($10.6m) | $0 | $2.0m | $11.8m | — | |
| Income (Loss) from Equity Method Investments | $5.2m | $11.4m | ($2.2m) | $1.8m | $12.6m | $22.6m | $7.0m | $12.3m | $19.2m | $29.2m | — | |
| Nonoperating Income (Expense) | ($23.7m) | ($34.5m) | ($44.1m) | ($69.1m) | ($71.3m) | ($40.4m) | ($51.4m) | ($137.8m) | ($151.1m) | ($138.6m) | — | |
| Other Nonoperating Income (Expense) | $4.0m | $48k | ($11.4m) | ($6.2m) | $7.4m | $5.3m | ($23.6m) | ($4.8m) | $3.8m | $29.1m | — | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | $1.7m | $2.0m | ($17.9m) | ($8.5m) | $7.9m | ($7.7m) | ($11.4m) | ($10.0m) | $8.2m | $10.2m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Inventories | $8.0m | $59.7m | $117.2m | $55.8m | $69.8m | $336.2m | $305.1m | $351.6m | $480.3m | $357.9m | ($377.9m) | |
| Inventory Write-down | — | — | — | — | — | — | — | — | $47k | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $208.0m |
$100.9m
-51.49%
|
$191.7m
+89.96%
|
($53.3m)
-127.82%
|
$278.8m
+622.96%
|
$416.9m
+49.53%
|
$240.1m
-42.42%
|
$113.7m
-52.63%
|
$534.6m
+370.16%
|
$778.4m
+45.60%
|
$875.9m
+12.52%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $124.2m | $107.9m | $102.3m | $137.6m | $132.2m | $188.6m | $205.1m | $187.0m | $215.1m | $225.6m | ($274.1m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | $3.3m | $2.4m | ($2.1m) | $34.2m | $34.9m | $14.5m | $19.0m | $651k | $596k | ($2.9m) | ($10.8m) | |
| Gain (Loss) on Sale of Investments | $16.7m | ($1.4m) | $41.8m | $7.9m | $23.6m | $15.2m | $7.4m | ($5.0m) | ($18.1m) | $4.5m | — | |
| Payments to Acquire Investments | $19.3m | $5.0m | $7.5m | $8.6m | $8.2m | $1.8m | $4.5m | $5.4m | $3.6m | $2.3m | ($428.7m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | $25.4m | $504.4m | $357.1m | $218k | $385.0m | $12.4m | $10.4m | $0 | $0 | ($4.2m) | |
| Net Cash Provided by (Used in) Investing Activities | ($117.8m) | ($115.6m) | ($592.9m) | ($106.8m) | ($22.9m) | ($587.7m) | ($152.0m) | ($210.6m) | ($178.8m) | ($390.7m) | ($690.2m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $48.2m | $167.4m | $775k | $243.3m | — | $536.1m | $122.4m | $246.2m | $11.3m | $11.4m | ($80.2m) | |
| Proceeds from Issuance of Long-term Debt | $0 | $118.6m | $342.5m | $350.0m | $201.6m | $476.3m | $39.5m | $20.0m | $0 | $0 | $0 | |
| Payments of Ordinary Dividends, Common Stock | $68.4m | $75.3m | $75.3m | $62.6m | $78.2m | $79.2m | $86.8m | $89.2m | $89.0m | $111.7m | ($124.8m) | |
| Dividends Payable, Current | — | — | — | — | — | — | — | — | $22.3m | — | — | |
| Net Cash Provided by (Used in) Financing Activities | ($166.7m) |
($52.1m)
+68.77%
|
$453.6m
+971.33%
|
$172.7m
-61.93%
|
($198.2m)
-214.79%
|
$151.0m
+176.17%
|
($136.0m)
-190.05%
|
$83.2m
+161.20%
|
($287.9m)
-445.93%
|
($17.9m)
+93.79%
|
($144.1m)
-706.01%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($76.5m) | ($66.7m) | $52.4m | $12.6m | $57.7m | ($19.8m) | ($47.9m) | ($13.7m) | $67.9m | $369.8m | $155.2m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $278.8m | $259.0m | $211.1m | $197.4m | $265.4m | $635.1m | $155.2m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | $505k | $119k | $48k | $0 | $0 | — | $24k | $30k | $26k | $573.1m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $16.1m | $30.3m | $35.3m | $20.1m | $19.0m | $25.6m | $66.8m | $76.3m | $37.5m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $56.0m | — | |
| Additional Financial Items | ||||||||||||
| Deconsolidation, Gain (Loss), Amount | — | — | $41.9m | $0 | — | — | $13.9m | $0 | $92k | $0 | — | |
| Deconsolidation, Revaluation of Retained Investment, Gain (Loss), Amount | — | — | ($43.4m) | $0 | — | — | — | — | — | — | — | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | — | — | — | — | — | — | — | — | — | ($10.4m) | — | |
| General and Administrative Expense | $151.4m | $133.3m | $160.3m | $214.7m | $223.9m | $267.4m | $313.0m | $330.3m | $311.0m | $347.2m | — | |
| Goodwill | $617.0m | $646.7m | $1.0b | $1.3b | $1.3b | $1.6b | $1.5b | $1.5b | $1.5b | $1.5b | — | |
| Income Tax Expense (Benefit) | $45.6m | $55.6m | $26.4m | $19.4m | $36.4m | $131.4m | $24.1m | $22.9m | $39.1m | $55.5m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $156.2m | $146.4m | — | |
| Operating Expenses | $660.6m | $678.6m | $683.3m | $814.9m | — | — | — | — | — | — | — | |
| Operating Lease, Expense | — | — | — | $77.9m | $79.4m | $84.2m | $90.1m | $94.3m | $107.7m | $116.5m | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | $2k | — | — | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.