Who Generates Higher Gross Profit? Honeywell International Inc. or Elbit Systems Ltd.

A Tale of Two Giants: Honeywell vs. Elbit Systems

In the world of industrial and defense sectors, Honeywell International Inc. and Elbit Systems Ltd. stand as titans. Over the past decade, Honeywell has consistently outperformed Elbit Systems in terms of gross profit. From 2014 to 2023, Honeywell's gross profit averaged around $12 billion annually, dwarfing Elbit's $1.1 billion. This stark contrast highlights Honeywell's dominance, with its profits being nearly ten times greater than Elbit's.

A Decade of Growth

Honeywell's gross profit peaked in 2023, reaching approximately $13.7 billion, a 20% increase from 2014. Meanwhile, Elbit Systems showed steady growth, with a 79% increase over the same period, culminating in a gross profit of $1.5 billion in 2023. This growth trajectory underscores Elbit's resilience and potential in the defense sector.

Conclusion

While Honeywell leads in sheer numbers, Elbit's growth rate is noteworthy, suggesting a promising future.