Elbit Systems Ltd. vs ITT Inc.: A Gross Profit Performance Breakdown

A Decade of Gross Profit Performance: Elbit Systems Ltd. vs ITT Inc.

In the competitive landscape of global defense and technology, Elbit Systems Ltd. and ITT Inc. have showcased remarkable financial trajectories over the past decade. From 2014 to 2023, Elbit Systems Ltd. has consistently outperformed ITT Inc. in terms of gross profit, with a notable increase of approximately 80% over the period. Starting at around $825 million in 2014, Elbit Systems Ltd. reached a peak of nearly $1.48 billion by 2023. This growth reflects a robust annual increase, highlighting the company's strategic prowess in the defense sector.

Conversely, ITT Inc. demonstrated a steady yet modest growth, with gross profits rising from approximately $866 million in 2014 to over $1.1 billion in 2023. This represents a 28% increase, underscoring ITT Inc.'s resilience and adaptability in the industrial technology market. The data reveals a compelling narrative of two industry giants navigating their paths to financial success.