Elbit Systems Ltd.

ESLT ·Industrials, Aerospace & Defense, Israel
Financial Statements › Income Statement
Annual Quarterly

Income Statement

Line Item FY2009 FY2008
Revenue $2.83B $2.64B
Cost of Revenue $1.98B $1.87B
Gross Profit $849.5M $767.4M
Gross Margin 30.0% 29.1%
Operating Expenses
Research & Development $245.8M —
SG&A Expense $119.3M $134.2M
Operating Income $262.5M $249.0M
Operating Margin 9.3% 9.4%
Interest Expense $21.8M —
Pretax Income $247.3M $306.5M
Income Tax Expense $38.1M $54.4M
Net Income $214.9M $204.2M
Net Margin 7.6% 7.7%
EPS (Basic) $5.08 $4.85
EPS (Diluted) $5.00 $4.78
Shares Outstanding (Basic) 42.3M 42.1M
Shares Outstanding (Diluted) 43.0M 42.8M
Dividends Per Share — —
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