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Elbit Systems (Elbit Systems) Capex-to-Operating-Income : 0.48 (As of Dec. 2023)


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What is Elbit Systems Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

Elbit Systems's Capital Expenditure for the three months ended in Dec. 2023 was $-29.25 Mil. Its Operating Income for the three months ended in Dec. 2023 was $60.98 Mil.

Hence, Elbit Systems's Capex-to-Operating-Income for the three months ended in Dec. 2023 was 0.48.


Elbit Systems Capex-to-Operating-Income Historical Data

The historical data trend for Elbit Systems's Capex-to-Operating-Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Elbit Systems Capex-to-Operating-Income Chart

Elbit Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.42 0.46 0.57 0.52

Elbit Systems Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Capex-to-Operating-Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.15 0.39 0.60 0.57 0.48

Competitive Comparison of Elbit Systems's Capex-to-Operating-Income

For the Aerospace & Defense subindustry, Elbit Systems's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Elbit Systems's Capex-to-Operating-Income Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Elbit Systems's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Elbit Systems's Capex-to-Operating-Income falls into.



Elbit Systems Capex-to-Operating-Income Calculation

Elbit Systems's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-187.037) / 362.512
=0.52

Elbit Systems's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-29.25) / 60.982
=0.48

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Elbit Systems  (NAS:ESLT) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


Elbit Systems Capex-to-Operating-Income Related Terms

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Elbit Systems (Elbit Systems) Business Description

Traded in Other Exchanges
Address
Advanced Technology Center, P.O. Box 539, Haifa, ISR, 3100401
Elbit Systems Ltd is a technology company involved in producing a portfolio of systems and products for aircraft, land, and naval applications. The company's products are used for defense, homeland security, and commercial flight capabilities. Its systems and solutions may be installed on new platforms, or it may perform a comprehensive modernization program to transform a platform. Elbit Systems gives instructions to its customers on the proper maintenance of its products and will provide support team specialists when the customer cannot fix a problem. The company markets its systems and products as a prime contractor or as a subcontractor to government, defense, and homeland security contractors world wide.