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Side-by-side financial comparison of ELBIT SYSTEMS LTD (ESLT) and MESABI TRUST (MSB). Click either name above to swap in a different company.

ELBIT SYSTEMS LTD is the larger business by last-quarter revenue ($5.8M vs $3.6M, roughly 1.6× MESABI TRUST). MESABI TRUST runs the higher net margin — 77.1% vs 6.3%, a 70.7% gap on every dollar of revenue.

Elbit Systems Ltd. is an Israel-based international military technology company and defense contractor. Founded in 1966 by Elron, Elbit Systems is the primary provider of the Israeli military's land-based equipment and unmanned aerial vehicles. It is an important company within the defense industry of Israel.

Mesabi Trust is a United States-based royalty trust that holds permanent royalty interests in iron ore mining properties located in Minnesota's Mesabi Range. It earns revenue primarily from royalty payments tied to the production and sale of iron ore products, with core earnings sourced from active mining partners operating on the land it holds interests in, catering to the global steel manufacturing market.

ESLT vs MSB — Head-to-Head

Bigger by revenue
ESLT
ESLT
1.6× larger
ESLT
$5.8M
$3.6M
MSB
Higher net margin
MSB
MSB
70.7% more per $
MSB
77.1%
6.3%
ESLT

Income Statement — Q3 FY2025 vs Q3 FY2026

Metric
ESLT
ESLT
MSB
MSB
Revenue
$5.8M
$3.6M
Net Profit
$367.1K
$2.8M
Gross Margin
24.3%
77.1%
Operating Margin
8.3%
Net Margin
6.3%
77.1%
Revenue YoY
-95.5%
Net Profit YoY
-96.5%
EPS (diluted)
$7.85

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ESLT
ESLT
MSB
MSB
Q4 25
$3.6M
Q3 25
$5.8M
$5.6M
Q2 25
$4.7M
Q1 25
$6.9M
Q4 24
$79.0M
Q3 24
$6.5M
Q2 24
$6.3M
Q1 24
$6.2M
Net Profit
ESLT
ESLT
MSB
MSB
Q4 25
$2.8M
Q3 25
$367.1K
$4.7M
Q2 25
$3.6M
Q1 25
$6.1M
Q4 24
$78.3M
Q3 24
$5.4M
Q2 24
$3.5M
Q1 24
$4.7M
Gross Margin
ESLT
ESLT
MSB
MSB
Q4 25
77.1%
Q3 25
24.3%
84.6%
Q2 25
76.7%
Q1 25
88.5%
Q4 24
99.1%
Q3 24
83.2%
Q2 24
55.7%
Q1 24
75.3%
Operating Margin
ESLT
ESLT
MSB
MSB
Q4 25
Q3 25
8.3%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Net Margin
ESLT
ESLT
MSB
MSB
Q4 25
77.1%
Q3 25
6.3%
84.6%
Q2 25
76.7%
Q1 25
88.5%
Q4 24
99.1%
Q3 24
83.2%
Q2 24
55.7%
Q1 24
75.3%
EPS (diluted)
ESLT
ESLT
MSB
MSB
Q4 25
Q3 25
$7.85
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ESLT
ESLT
MSB
MSB
Cash + ST InvestmentsLiquidity on hand
$265.4K
Total DebtLower is stronger
$90.7K
Stockholders' EquityBook value
$3.3M
$21.1M
Total Assets
$11.0M
$26.0M
Debt / EquityLower = less leverage
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESLT
ESLT
MSB
MSB
Q4 25
Q3 25
$265.4K
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Total Debt
ESLT
ESLT
MSB
MSB
Q4 25
Q3 25
$90.7K
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ESLT
ESLT
MSB
MSB
Q4 25
$21.1M
Q3 25
$3.3M
$22.8M
Q2 25
$19.6M
Q1 25
$23.3M
Q4 24
$95.3M
Q3 24
$22.1M
Q2 24
$20.7M
Q1 24
$21.0M
Total Assets
ESLT
ESLT
MSB
MSB
Q4 25
$26.0M
Q3 25
$11.0M
$24.8M
Q2 25
$27.4M
Q1 25
$101.7M
Q4 24
$100.7M
Q3 24
$26.2M
Q2 24
$25.1M
Q1 24
$26.7M
Debt / Equity
ESLT
ESLT
MSB
MSB
Q4 25
Q3 25
0.03×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ESLT
ESLT
MSB
MSB
Operating Cash FlowLast quarter
$534.6K
$3.5M
Free Cash FlowOCF − Capex
$319.6K
FCF MarginFCF / Revenue
5.5%
Capex IntensityCapex / Revenue
3.7%
Cash ConversionOCF / Net Profit
1.46×
1.27×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESLT
ESLT
MSB
MSB
Q4 25
$3.5M
Q3 25
$534.6K
$4.4M
Q2 25
$2.1M
Q1 25
$93.9M
Q4 24
$78.2M
Q3 24
$3.8M
Q2 24
$2.5M
Q1 24
$14.6M
Free Cash Flow
ESLT
ESLT
MSB
MSB
Q4 25
Q3 25
$319.6K
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
ESLT
ESLT
MSB
MSB
Q4 25
Q3 25
5.5%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
ESLT
ESLT
MSB
MSB
Q4 25
Q3 25
3.7%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
ESLT
ESLT
MSB
MSB
Q4 25
1.27×
Q3 25
1.46×
0.92×
Q2 25
0.57×
Q1 25
15.48×
Q4 24
1.00×
Q3 24
0.71×
Q2 24
0.72×
Q1 24
3.11×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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