EBITDA Trends: Howmet Aerospace Inc. vs. Elbit Systems Ltd.

In the ever-evolving aerospace and defense sectors, understanding financial health is crucial. This analysis delves into the EBITDA performance of Howmet Aerospace Inc. and Elbit Systems Ltd. from 2014 to 2023. Over this decade, Howmet Aerospace consistently outperformed Elbit Systems, with an average EBITDA nearly three times higher. Notably, Howmet's EBITDA peaked in 2015, reaching approximately 1.94 billion, while Elbit Systems saw its highest EBITDA in 2021, at around 577 million. Despite fluctuations, both companies demonstrated resilience, with Howmet showing a strong recovery post-2019, increasing its EBITDA by 76% by 2023. Meanwhile, Elbit Systems maintained a steady growth trajectory, with a 52% increase from 2014 to 2023. These insights highlight the dynamic nature of the industry and the strategic maneuvers by these giants to maintain their competitive edge.