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Elbit Systems vs TransDigm: revenue, profit, margins and growth compared

Elbit Systems brought in $7.9B of revenue in fiscal 2025, TransDigm $8.8B in fiscal 2025. Revenue changed by +16.3% at Elbit Systems and +11.2% at TransDigm on the year before, so Elbit Systems grew faster. Elbit Systems kept 6.7% of its revenue as net profit, TransDigm 23.5%. Free cash flow was $552.8M at Elbit Systems and $1.8B at TransDigm.

Side by side, latest fiscal year

ESLTTDG
Fiscal year endedFY2025 (December 31, 2025)FY2025 (September 30, 2025)
Revenue$7.9B$8.8B
Revenue growth+16.3%+11.2%
Net income$534.3M$2.1B
Net margin6.7%23.5%
Free cash flow$552.8M$1.8B
Free cash flow margin7.0%20.6%
Earnings per share (diluted)$11.39$32.08
Cash$635.1M$2.8B
Debt$101.5M$29.3B
Price to earningsn/a34.8
Market value$34.2B$61.7B
Dividend yieldn/an/a
Rank by revenue in sector#81 of 451 · Industrials#73 of 451 · Industrials

Over the years

Revenue
ESLT FY2018: $3.7BESLT FY2019: $4.5BESLT FY2020: $4.7BESLT FY2021: $5.3BESLT FY2022: $5.5BESLT FY2023: $6BESLT FY2024: $6.8BESLT FY2025: $7.9BTDG FY2018: $3.8BTDG FY2019: $5.2BTDG FY2020: $5.1BTDG FY2021: $4.8BTDG FY2022: $5.4BTDG FY2023: $6.6BTDG FY2024: $7.9BTDG FY2025: $8.8BFY18FY19FY20FY21FY22FY23FY24FY25
ESLT $7.9BTDG $8.8B
Net income
ESLT FY2018: $206.7MESLT FY2019: $227.9MESLT FY2020: $237.7MESLT FY2021: $274.4MESLT FY2022: $275.4MESLT FY2023: $215.1MESLT FY2024: $321.1MESLT FY2025: $534.3MTDG FY2018: $957MTDG FY2019: $890MTDG FY2020: $699MTDG FY2021: $680MTDG FY2022: $866MTDG FY2023: $1.3BTDG FY2024: $1.7BTDG FY2025: $2.1BFY18FY19FY20FY21FY22FY23FY24FY25
ESLT $534.3MTDG $2.1B
Net margin
ESLT FY2018: 5.6%ESLT FY2019: 5.1%ESLT FY2020: 5.1%ESLT FY2021: 5.2%ESLT FY2022: 5.0%ESLT FY2023: 3.6%ESLT FY2024: 4.7%ESLT FY2025: 6.7%TDG FY2018: 25.1%TDG FY2019: 17.0%TDG FY2020: 13.7%TDG FY2021: 14.2%TDG FY2022: 16.0%TDG FY2023: 19.7%TDG FY2024: 21.6%TDG FY2025: 23.5%FY18FY19FY20FY21FY22FY23FY24FY25
ESLT 6.7%TDG 23.5%
Revenue growth
ESLT FY2019: +22.4%ESLT FY2020: +3.4%ESLT FY2021: +13.2%ESLT FY2022: +4.4%ESLT FY2023: +8.4%ESLT FY2024: +14.3%ESLT FY2025: +16.3%TDG FY2019: +37.0%TDG FY2020: -2.3%TDG FY2021: -6.0%TDG FY2022: +13.2%TDG FY2023: +21.3%TDG FY2024: +20.6%TDG FY2025: +11.2%FY19FY20FY21FY22FY23FY24FY25
ESLT +16.3%TDG +11.2%
Free cash flow
ESLT FY2018: $89.4MESLT FY2019: -$190.9MESLT FY2020: $146.6MESLT FY2021: $228.3MESLT FY2022: $35MESLT FY2023: -$73.3MESLT FY2024: $319.6MESLT FY2025: $552.8MTDG FY2018: $949MTDG FY2019: $913MTDG FY2020: $1.1BTDG FY2021: $808MTDG FY2022: $829MTDG FY2023: $1.2BTDG FY2024: $1.9BTDG FY2025: $1.8BFY18FY19FY20FY21FY22FY23FY24FY25
ESLT $552.8MTDG $1.8B

Fiscal years as each company reports them; the two may end in different months.

Questions about Elbit Systems and TransDigm

Which is bigger by revenue, Elbit Systems or TransDigm?

TransDigm is bigger by revenue: $8.8B in fiscal 2025, against $7.9B for Elbit Systems in fiscal 2025.

Which keeps more of its revenue as profit, Elbit Systems or TransDigm?

Elbit Systems had a net margin of 6.7% in fiscal 2025; TransDigm had 23.5% in fiscal 2025.

Which grew revenue faster, Elbit Systems or TransDigm?

In their latest fiscal years revenue changed by +16.3% at Elbit Systems and +11.2% at TransDigm.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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