Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Elbit SystemsFRA:EB2 -1.33%80 Equity-to-Asset is 0.32 as of Mar. 2026, which is 7% above its 10-year median of 0.30. GuruFocus rates FRA:EB2 with a GF Score™ of 80/100 and a GF Value™ of €327.19 (Significantly Overvalued). Among 362 Aerospace & Defense companies, Elbit Systems ranks worse than 74.59% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Elbit Systems's Total Stockholders Equity for the quarter that ended in Mar. 2026 was €3,685 Mil. Elbit Systems's Total Assets for the quarter that ended in Mar. 2026 was €11,446 Mil.
Therefore, Elbit Systems's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.32.
The historical rank and industry rank for Elbit Systems's Equity-to-Asset or its related term are showing as below:
FRA:EB2'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27 Med: 0.3 Max: 0.37
Current: 0.32
During the past 13 years, the highest Equity to Asset Ratio of Elbit Systems was 0.37. The lowest was 0.27. And the median was 0.30.
FRA:EB2's Equity-to-Asset is ranked worse than 74.59% of 362
companies
in the Aerospace & Defense industry
Industry Median: 0.51
vs FRA:EB2: 0.32
Elbit Systems (FRA:EB2) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Elbit Systems Equity-to-Asset Related Terms
Elbit Systems Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Elbit Systems's Equity-to-Asset 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.
FRA:EB2 vs SPCX, GE, RTX: Equity-to-Asset Comparison
For the Aerospace & Defense subindustry, Elbit Systems's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Elbit Systems's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Elbit Systems's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Elbit Systems's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (FRA:EB2) has a Equity-to-Asset of 0.32 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Elbit Systems and its competitors. This is near median its historical median of 0.30. Over the past decade, Elbit Systems' Equity-to-Asset has ranged from 0.27 to 0.37. According to the industry distribution chart, Elbit Systems ranks #270 out of 362 companies in the Aerospace & Defense industry, placing it in the top 74.6%.
Is Elbit Systems' Equity-to-Asset too high?
Elbit Systems' current Equity-to-Asset of 0.32 is near median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.37. The Aerospace & Defense industry median Equity-to-Asset is 0.51. Elbit Systems' value of 0.32 is 37.3% below this industry median. Based on the distribution chart, Elbit Systems ranks #270 out of 362 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Elbit Systems has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elbit Systems' Equity-to-Asset compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Elbit Systems ranks #270 out of 362 companies for Equity-to-Asset. This places Elbit Systems in the lower half of its industry. The industry median Equity-to-Asset is 0.51. Elbit Systems' value of 0.32 is 37.3% below this benchmark. Historically, Elbit Systems' own Equity-to-Asset has ranged from 0.27 to 0.37 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 0.51, Elbit Systems has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Aerospace & Defense company?
The median Equity-to-Asset among Aerospace & Defense companies is 0.51, based on 362 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Elbit Systems's current Equity-to-Asset of 0.32 is 37.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Elbit Systems and its competitors. For the Aerospace & Defense industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elbit Systems's current Equity-to-Asset is 0.32, which is near median its own 10-year median of 0.30. 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 €327.19, compared to a current price of €703.00 — trading 114.9% above its estimated fair value. The current Equity-to-Asset is 0.32, which is near median its 10-year median of 0.30 and 37.3% below the Aerospace & Defense industry median of 0.51. Elbit Systems' overall GF Score™ is 80/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Elbit Systems (FRA:EB2), the current Equity-to-Asset is 0.32 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 €703.00 is trading 114.9% above its estimated GF Value™ of €327.19.
GuruFocus considers Elbit Systems to be Significantly Overvalued.
Key valuation signals for FRA:EB2:
Equity-to-Asset: 0.32 (near median its 10-year median of 0.30)
GF Value™: €327.19 vs. price of €703.00 (114.9% above fair value)
Industry Position: 37.3% below the Aerospace & Defense median (#270 of 362)
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 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.
80GF Score
Get the complete analysis for FRA:EB2
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:EB2 has been successfully added to your 
