ESLT vs. HEI: Elbit Systems vs. HEICO Stock Comparison

November 11, 2026

How do Elbit Systems (ESLT) and HEICO (HEI) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Elbit Systems (ESLT) and HEICO (HEI) are both classified in the Aerospace & Defense sub-industry within the broader Aerospace & Defense industry, placing them in the closest GICS peer bucket.

Company profile comparison for Elbit Systems (ESLT) and HEICO (HEI)
Profile Item	ESLT	HEI
Name	Elbit Systems Ltd.	HEICO Corporation
Country/Region	Israel	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Aerospace & Defense	Aerospace & Defense
GICS Sub-Industry	Aerospace & Defense	Aerospace & Defense
Market Capitalization	32.00 billion USD	46.49 billion USD
Currency	USD	USD
Exchange	Nasdaq	NYSE
Listing Date	November 27, 1996	March 17, 1980
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

ESLT

HEI

GSPC

Elbit Systems (ESLT) vs. HEICO (HEI), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Elbit Systems (ESLT) and HEICO (HEI). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Elbit Systems (ESLT) and HEICO (HEI). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Elbit Systems (ESLT) and HEICO (HEI)
Metric	ESLT	HEI
Total Return (1Y)	55.34%	6.50%
Total Return (3Y, Annualized)	57.29%	28.48%
Total Return (5Y, Annualized)	37.24%	18.19%

Risk Profile

Drawdown History

ESLT

HEI

GSPC

Elbit Systems (ESLT) vs. HEICO (HEI), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Elbit Systems (ESLT) and HEICO (HEI). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Elbit Systems (ESLT) and HEICO (HEI)
Metric	ESLT	HEI
Volatility (1Y, Annualized)	47.34%	33.37%
Beta (5Y)	0.10	1.06
Max Drawdown (5Y)	-35.54%	-27.11%
Avg. Volume (3M)	88.09K	480.74K

Risk-Adjusted Performance

Risk-Return Positioning

ESLT and HEI are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Elbit Systems (ESLT) and HEICO (HEI)
Metric	ESLT	HEI
Sharpe Ratio (1Y)	1.08	0.07
Sortino Ratio (1Y)	1.76	0.10

Profitability

ROE (TTM)

Both Elbit Systems (ESLT) at 15.24% and HEICO (HEI) at 17.73% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

ESLT

Capital Goods industry group

15.24%

Max: 40.55%
Q3: 19.29%
ESLT: 15.24%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

HEI

Capital Goods industry group

17.73%

Max: 40.55%
Q3: 19.29%
HEI: 17.73%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

Elbit Systems (ESLT) vs. HEICO (HEI): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

HEICO (HEI) at 16.38% retains a top-quartile share of revenue as profit, ahead of Elbit Systems (ESLT) at 7.44%, which keeps about the industry-typical share.

ESLT

Capital Goods industry group

7.44%

Max: 27.47%
Q3: 12.10%
ESLT: 7.44%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

HEI

Capital Goods industry group

16.38%

Max: 27.47%
HEI: 16.38%
Q3: 12.10%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

Elbit Systems (ESLT) vs. HEICO (HEI): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

HEICO (HEI) at 25.14% operates in the top operating margin quartile, ahead of Elbit Systems (ESLT) at 9.57%, which runs around its industry’s norm.

ESLT

Capital Goods industry group

9.57%

Max: 36.60%
Q3: 18.33%
Median: 11.12%
ESLT: 9.57%
Q1: 5.14%
Min: -12.63%

HEI

Capital Goods industry group

25.14%

Max: 36.60%
HEI: 25.14%
Q3: 18.33%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

Elbit Systems (ESLT) vs. HEICO (HEI): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Elbit Systems (ESLT) and HEICO (HEI)
Metric	ESLT	HEI
ROE (TTM)	15.24%	17.73%
ROA (TTM)	3.87%	8.50%
Net Margin (TTM)	7.44%	16.38%
Operating Margin (TTM)	9.57%	25.14%
Gross Margin (TTM)	25.03%	40.40%

Growth

Revenue Growth

Both Elbit Systems (ESLT) at 16.27% and HEICO (HEI) at 16.26% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Elbit Systems (ESLT) vs. HEICO (HEI): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Elbit Systems (ESLT) at 58.64% and HEICO (HEI) at 33.52% sit in the top peer quartile for EPS growth, so each is compounding per-share earnings faster than typical industry peers.

Elbit Systems (ESLT) vs. HEICO (HEI): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Elbit Systems (ESLT) and HEICO (HEI)
Metric	ESLT	HEI
Revenue Growth (YoY)	16.27%	16.26%
Revenue Growth (3Y CAGR)	12.93%	26.64%
EPS Growth (YoY)	58.64%	33.52%
EPS Growth (3Y CAGR)	22.61%	24.32%

Financial Strength

Current Ratio (MRQ)

HEICO (HEI) at 2.72 keeps current ratio within its industry’s typical mid-range, while Elbit Systems (ESLT) at 1.40 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for ESLT.

ESLT

Capital Goods industry group

1.40

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
ESLT: 1.40
Min: 0.36

HEI

Capital Goods industry group

2.72

Max: 5.22
Q3: 2.95
HEI: 2.72
Median: 2.08
Q1: 1.43
Min: 0.36

Elbit Systems (ESLT) vs. HEICO (HEI): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Elbit Systems (ESLT) at 0.19 keeps leverage in the lower industry quartile, while HEICO (HEI) at 0.45 runs a more typical debt-to-equity mix.

ESLT

Capital Goods industry group

0.19

Max: 2.33
Q3: 1.12
Median: 0.60
Q1: 0.29
ESLT: 0.19
Min: 0.00

HEI

Capital Goods industry group

0.45

Max: 2.33
Q3: 1.12
Median: 0.60
HEI: 0.45
Q1: 0.29
Min: 0.00

Elbit Systems (ESLT) vs. HEICO (HEI): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Elbit Systems (ESLT) and HEICO (HEI)
Metric	ESLT	HEI
Current Ratio (MRQ)	1.40	2.72
Debt / Equity (MRQ)	0.19	0.45
Net Debt / EBITDA	-0.11	1.56

Dividends

Dividend Yield (TTM)

Both Elbit Systems (ESLT) at 0.58% and HEICO (HEI) at 0.08% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

ESLT

Capital Goods industry group

0.58%

Max: 2.66%
Q3: 1.14%
ESLT: 0.58%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

HEI

Capital Goods industry group

0.08%

Max: 2.66%
Q3: 1.14%
Median: 0.24%
HEI: 0.08%
Q1: 0.00%
Min: 0.00%

Elbit Systems (ESLT) vs. HEICO (HEI): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Both Elbit Systems (ESLT) at 23.33% and HEICO (HEI) at 4.17% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

ESLT

Capital Goods industry group

23.33%

Max: 67.39%
Q3: 28.02%
ESLT: 23.33%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

HEI

Capital Goods industry group

4.17%

Max: 67.39%
Q3: 28.02%
Median: 6.86%
HEI: 4.17%
Q1: 0.00%
Min: 0.00%

Elbit Systems (ESLT) vs. HEICO (HEI): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Elbit Systems (ESLT) and HEICO (HEI)
Metric	ESLT	HEI
Dividend Yield (TTM)	0.58%	0.08%
Dividend Payout Ratio (TTM)	23.33%	4.17%

Valuation

P/E Ratio (TTM)

Both Elbit Systems (ESLT) at 51.36 and HEICO (HEI) at 55.44 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.

ESLT

Capital Goods industry group

51.36

Max: 59.38
ESLT: 51.36
Q3: 35.92
Median: 25.41
Q1: 19.47
Min: 3.03

HEI

Capital Goods industry group

55.44

Max: 59.38
HEI: 55.44
Q3: 35.92
Median: 25.41
Q1: 19.47
Min: 3.03

Elbit Systems (ESLT) vs. HEICO (HEI): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

Elbit Systems (ESLT) at 3.74 prices around its industry’s typical P/S ratio, while HEICO (HEI) at 8.98 clears its benchmark range — HEI looks notably rich on sales.

ESLT

Capital Goods industry group

3.74

Max: 7.54
Q3: 3.76
ESLT: 3.74
Median: 2.15
Q1: 1.03
Min: 0.03

HEI

Capital Goods industry group

8.98

HEI: 8.98
Max: 7.54
Q3: 3.76
Median: 2.15
Q1: 1.03
Min: 0.03

Elbit Systems (ESLT) vs. HEICO (HEI): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Both Elbit Systems (ESLT) at 7.24 and HEICO (HEI) at 9.40 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

ESLT

Capital Goods industry group

7.24

Max: 9.66
ESLT: 7.24
Q3: 5.00
Median: 3.12
Q1: 1.81
Min: -1.08

HEI

Capital Goods industry group

9.40

Max: 9.66
HEI: 9.40
Q3: 5.00
Median: 3.12
Q1: 1.81
Min: -1.08

Elbit Systems (ESLT) vs. HEICO (HEI): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Elbit Systems (ESLT) and HEICO (HEI)
Metric	ESLT	HEI
P/E Ratio (TTM)	51.36	55.44
P/S Ratio (TTM)	3.74	8.98
P/B Ratio (MRQ)	7.24	9.40
Free Cash Flow Yield (TTM)	-0.12%	1.82%