Elbit Systems (FRA:EB2) EPS without NRI: €11.57 (TTM As of Mar. 2026)


FRA:EB2 Elbit Systems Ltd FRA:EB2
65 GF Score
Price €641.00
GF Value €315.46
Valuation Significantly Overvalued
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What is Elbit Systems EPS without NRI?

Elbit Systems FRA:EB2 +3.14% 65 EPS without NRI is €11.57 as of Mar. 2026. GuruFocus rates FRA:EB2 with a GF Score™ of 65/100 and a GF Value™ of €315.46 (Significantly Overvalued). Among 255 Aerospace & Defense companies, Elbit Systems ranks better than 60.39% on this metric.

Elbit Systems's earnings per share without non-recurring items for the three months ended in Mar. 2026 was €3.35. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was €11.57.

During the past 12 months, Elbit Systems's average earnings per share (NRI) Growth Rate was -9.40% per year. During the past 3 years, the average earnings per share (NRI) Growth Rate was 26.70% per year. During the past 5 years, the average earnings per share (NRI) Growth Rate was 9.10% per year. During the past 10 years, the average earnings per share (NRI) Growth Rate was 5.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.

The historical rank and industry rank for Elbit Systems's EPS without NRI or its related term are showing as below:

FRA:EB2' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -16.7   Med: 5   Max: 41.9
Current: 26.7

During the past 13 years, Elbit Systems's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 41.90% per year. The lowest was -16.70% per year. And the median was 5.00% per year.

FRA:EB2's 3-Year EPS without NRI Growth Rate is ranked better than
60.39% of 255 companies
in the Aerospace & Defense industry
Industry Median: 15.4 vs FRA:EB2: 26.70

Elbit Systems's EPS (Diluted) for the three months ended in Mar. 2026 was €2.89. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €10.61.

Elbit Systems's EPS (Basic) for the three months ended in Mar. 2026 was €2.99. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was €10.94.


Elbit Systems  (FRA:EB2) EPS without NRI Explanation

EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Elbit Systems EPS without NRI Related Terms


Elbit Systems EPS without NRI Historical Data

* Premium members only.

The historical data trend for Elbit Systems's EPS without NRI 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.

Elbit Systems EPS without NRI Chart

Elbit Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EPS without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.45 5.92 6.14 8.37 10.89

Elbit Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EPS without NRI 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 2.38 2.80 2.39 3.04 3.35

FRA:EB2 vs SPCX, GE, RTX: EPS without NRI Comparison

For the Aerospace & Defense subindustry, Elbit Systems's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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 PE Ratio without NRI vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Elbit Systems's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Elbit Systems's PE Ratio without NRI falls into.


FRA:EB2
65GF Score
Elbit Systems Ltd FRA:EB2
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elbit Systems EPS without NRI Calculation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.

EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €11.57

* 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.

Frequently Asked Questions Learn more about EPS without NRI →
What does a EPS without NRI of €11.57 mean?
Elbit Systems (FRA:EB2) has a EPS without NRI of €11.57 as of Mar. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Elbit Systems and its competitors. According to the industry distribution chart, Elbit Systems ranks #101 out of 255 companies in the Aerospace & Defense industry, placing it in the top 39.6%.
Is Elbit Systems' EPS without NRI too high?
Elbit Systems' current EPS without NRI is €11.57. Based on the distribution chart, Elbit Systems ranks #101 out of 255 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Elbit Systems has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elbit Systems' EPS without NRI compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Elbit Systems ranks #101 out of 255 companies for EPS without NRI. This puts Elbit Systems in the upper half of its industry. The industry median EPS without NRI is 15.40. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for an Aerospace & Defense company?
The median EPS without NRI among Aerospace & Defense companies is 15.40, based on 255 companies in the industry. Companies in the top quartile (top 25%) have a EPS without NRI significantly above this median, while those in the bottom quartile fall well below. However, EPS without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Elbit Systems and its competitors. For the Aerospace & Defense industry, the median EPS without NRI is 15.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elbit Systems's current EPS without NRI is €11.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elbit Systems stock overvalued right now?
Based on GuruFocus' analysis, Elbit Systems (FRA:EB2) is currently considered Significantly Overvalued. The stock's GF Value™ is €315.46, compared to a current price of €641.00 — trading 103.2% above its estimated fair value. The current EPS without NRI is €11.57. Elbit Systems' overall GF Score™ is 65/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For Elbit Systems (FRA:EB2), the current EPS without NRI is €11.57 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Elbit Systems (FRA:EB2) Overvalued in 2026?

Based on GuruFocus' analysis, Elbit Systems stock appears to be overvalued. The current stock price of €641.00 is trading 103.2% above its estimated GF Value™ of €315.46. GuruFocus considers Elbit Systems to be Significantly Overvalued.

Key valuation signals for FRA:EB2:

  • EPS without NRI: €11.57
  • GF Value™: €315.46 vs. price of €641.00 (103.2% above fair value)
  • GF Score™: 65/100

No single metric tells the full story. See the FRA:EB2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Elbit Systems Business Description

Other Exchanges ESLT:USAESLT:Israel
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 operates in five segments: Aerospace; C4I and Cyber; ISTAR and EW; Land; and ESA. It derives maximum revenue from Land Segment. Geographically, it operates in Israel; North America; Europe; Asia-Pacific; Latin America; and Others.
65GF Score

Get the complete analysis for FRA:EB2

EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€641.00
Price
€315.46
GF Value