Elbit Systems Debt-to-Equity Ratio Growth & History (ESLT)
Elbit Systems's debt-to-equity ratio was 0.16 for fiscal 2025.
View full Elbit Systems company overviewElbit Systems annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.16 | −0.03 | −16.21% |
| 2024 | 2024-12-31 | 0.20 | 0.01 | +5.37% |
| 2023 | 2023-12-31 | 0.19 | −0.09 | −32.28% |
| 2022 | 2022-12-31 | 0.27 | −0.08 | −22.81% |
| 2021 | 2021-12-31 | 0.35 | −0.05 | −11.55% |
| 2020 | 2020-12-31 | 0.40 | −0.08 | −16.22% |
| 2019 | 2019-12-31 | 0.48 | 0.19 | +65.57% |
| 2018 | 2018-12-31 | 0.29 | 0.18 | +164.22% |
| 2017 | 2017-12-31 | 0.11 | −0.04 | −25.55% |
| 2016 | 2016-12-31 | 0.15 | −0.05 | −26.73% |
| 2015 | 2015-12-31 | 0.20 | −0.05 | −18.64% |
| 2014 | 2014-12-31 | 0.25 | 0.00 | +1.08% |
| 2013 | 2013-12-31 | 0.24 | −0.02 | −5.88% |
| 2012 | 2012-12-31 | 0.26 | −0.22 | −45.80% |
| 2011 | 2011-12-31 | 0.48 | 0.13 | +38.03% |
| 2010 | 2010-12-31 | 0.35 | −0.12 | −26.32% |
| 2009 | 2009-12-31 | 0.47 | — | — |
Elbit Systems quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.19 | −0.12 | −38.33% |
| Q1 2026 | 2026-03-31 | 0.21 | −0.21 | −50.00% |
| Q4 2025 | 2025-12-31 | 0.16 | −0.03 | −16.21% |
| Q3 2025 | 2025-09-30 | 0.27 | — | — |
| Q2 2025 | 2025-06-30 | 0.31 | — | — |
| Q1 2025 | 2025-03-31 | 0.42 | — | — |
| Q4 2024 | 2024-12-31 | 0.20 | 0.01 | +5.37% |
| Q4 2023 | 2023-12-31 | 0.19 | −0.09 | −32.28% |
| Q4 2022 | 2022-12-31 | 0.27 | −0.08 | −22.81% |
| Q4 2021 | 2021-12-31 | 0.35 | −0.05 | −11.55% |
| Q4 2020 | 2020-12-31 | 0.40 | −0.08 | −16.22% |
| Q4 2019 | 2019-12-31 | 0.48 | 0.19 | +65.57% |
| Q4 2018 | 2018-12-31 | 0.29 | 0.18 | +164.22% |
| Q4 2017 | 2017-12-31 | 0.11 | −0.04 | −25.55% |
| Q4 2016 | 2016-12-31 | 0.15 | −0.05 | −26.73% |
| Q4 2015 | 2015-12-31 | 0.20 | −0.05 | −18.64% |
| Q4 2014 | 2014-12-31 | 0.25 | 0.00 | +1.08% |
| Q4 2013 | 2013-12-31 | 0.24 | −0.02 | −5.88% |
| Q4 2012 | 2012-12-31 | 0.26 | −0.22 | −45.80% |
| Q4 2011 | 2011-12-31 | 0.48 | 0.13 | +38.03% |
| Q4 2010 | 2010-12-31 | 0.35 | −0.12 | −26.32% |
| Q4 2009 | 2009-12-31 | 0.47 | — | — |
Elbit Systems debt-to-equity ratio trends
Over the last five fiscal years, Elbit Systems's debt-to-equity ratio decreased from 0.40 to 0.16, a change of −0.24. The latest reported quarter, Q2 2026, shows 0.19.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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