Cost of Revenue: Key Insights for Elbit Systems Ltd. and ITT Inc.

Cost of Revenue Trends: Elbit Systems Ltd. vs. ITT Inc.

In the ever-evolving landscape of global defense and technology, understanding cost structures is crucial. Elbit Systems Ltd., a prominent player in defense electronics, and ITT Inc., a leader in engineering and manufacturing, have shown distinct trends in their cost of revenue from 2014 to 2023. Over this period, Elbit Systems Ltd. experienced a robust growth of approximately 110% in its cost of revenue, reflecting its expanding operations and market reach. In contrast, ITT Inc. saw a more modest increase of around 22%, indicating a stable yet steady growth trajectory. Notably, Elbit Systems Ltd.'s cost of revenue surged past the $4 billion mark by 2023, while ITT Inc. approached $2.2 billion. These trends highlight the dynamic nature of these industries and the strategic maneuvers companies employ to maintain competitiveness.