$ESLT reported earnings on May 26, 2026, delivering a notable split between top-line and bottom-line growth. Revenue came in 11.3% above the year-ago period — solid, if not spectacular, for a defense and aerospace contractor of this scale. The real headline is earnings per share, which jumped 76.3% year over year. That kind of gap between revenue growth and earnings growth points to meaningful margin expansion, cost discipline, or both.
At $767.82 per share and a market cap of $35.92B, the stock carries a trailing P/E of 67.6. That is a premium multiple for an industrials name, but the forward P/E drops to 44.3 — implying the market expects earnings to keep climbing from here. The spread between those two figures is consistent with the EPS acceleration we saw in this print.
The dividend yield stands at 0.5%, which is modest. $ESLT is not a yield story; the investment case has always centered on growth and backlog execution.
Recibe el resumen semanal de ACCE
Rentabilidad de los índices, repaso de las selecciones y los mayores cambios de puntuación, cada domingo. Sin relleno.
The ACCE score currently sits at 64 out of 100. That puts $ESLT in the moderate-conviction range on our model. The consensus analyst target is $900.50, which represents meaningful upside from the current price.
What it means
The 76.3% EPS jump is the number that stands out. Revenue growing at 11.3% is respectable for a company operating in long-cycle defense procurement, where contracts are large and lumpy. But earnings growing nearly seven times faster than revenue suggests Elbit is converting that revenue more efficiently than it did a year ago. Whether that comes from program mix, operating leverage, or reduced one-time costs, we do not have granular segment data to say definitively.
We do not have guidance commentary from this earnings release, so we cannot say what management expects for the rest of 2026. The forward P/E of 44.3 versus trailing 67.6 tells us the market is already pricing in continued earnings growth. If that growth stalls, the valuation looks stretched. If the EPS trajectory holds, the multiple compresses quickly.
The $900.50 analyst target and the current ACCE score of 64 suggest cautious optimism rather than a strong conviction call. The earnings quality here is worth watching — one strong quarter of margin expansion is a data point, not a trend. We will update the ACCE score as more information becomes available.
For the current price and live score, see acceinvestments.com/stocks/ESLT.
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