ESLT vs. AQST
ESLT (Elbit Systems Ltd) and AQST (Aquestive Therapeutics, Inc.) are both stocks. ESLT operates in Aerospace & Defense (Industrials), while AQST operates in Drug Manufacturers - Specialty & Generic (Healthcare). Over the past 5 years, ESLT returned 46.38%/yr vs -0.29%/yr for AQST. At a 0.15 correlation, their price movements are largely independent.
Performance
ESLT vs. AQST - Performance Comparison
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Returns By Period
In the year-to-date period, ESLT achieves a 48.00% return, which is significantly higher than AQST's -35.45% return.
ESLT
- 1D
- -6.48%
- 1M
- 9.58%
- YTD
- 48.00%
- 6M
- 66.16%
- 1Y
- 98.98%
- 3Y*
- 60.86%
- 5Y*
- 46.38%
- 10Y*
- 26.53%
AQST
- 1D
- -0.95%
- 1M
- 0.97%
- YTD
- -35.45%
- 6M
- -32.85%
- 1Y
- 25.98%
- 3Y*
- 22.65%
- 5Y*
- -0.29%
- 10Y*
- —
ESLT vs. AQST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
ESLT Elbit Systems Ltd | 48.00% | 125.14% | 22.17% | 31.30% | -4.82% | 34.77% | -14.56% | 37.62% | -4.30% |
AQST Aquestive Therapeutics, Inc. | -35.45% | 81.46% | 76.24% | 123.92% | -76.81% | -27.29% | -8.08% | -7.62% | -58.14% |
Correlation
The correlation between ESLT and AQST is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2018 | 0.15 |
Fundamentals
ESLT:
$41.10B
AQST:
$511.28M
ESLT:
$12.36
AQST:
-$0.61
ESLT:
4.93
AQST:
9.42
ESLT:
$8.23B
AQST:
$50.27M
ESLT:
$2.03B
AQST:
$20.92M
ESLT:
$861.06M
AQST:
-$53.08M
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Return for Risk
ESLT vs. AQST — Risk / Return Rank
ESLT
AQST
ESLT vs. AQST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Elbit Systems Ltd (ESLT) and Aquestive Therapeutics, Inc. (AQST). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ESLT | AQST | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.95 | ||
| Sortino ratioReturn per unit of downside risk | +2.08 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.16 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 3.83 | 0.43 | +3.40 |
| Martin ratioReturn relative to average drawdown | 10.61 | 0.81 | +9.80 |
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Drawdowns
ESLT vs. AQST - Drawdown Comparison
The maximum ESLT drawdown since its inception was -53.79%, smaller than the maximum AQST drawdown of -96.68%. Use the drawdown chart below to compare losses from any high point for ESLT and AQST.
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Drawdown Indicators
| ESLT | AQST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.79% | -96.68% | +42.89% |
Max Drawdown (1Y)Largest decline over 1 year | -25.98% | -60.61% | +34.63% |
Max Drawdown (3Y)Largest decline over 3 years | -25.98% | -63.55% | +37.57% |
Max Drawdown (5Y)Largest decline over 5 years | -32.89% | -90.11% | +57.22% |
Max Drawdown (10Y)Largest decline over 10 years | -32.89% | — | — |
Current DrawdownCurrent decline from peak | -15.71% | -78.01% | +62.30% |
Average DrawdownAverage peak-to-trough decline | -13.91% | -76.92% | +63.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.36% | 32.01% | -22.65% |
Volatility
ESLT vs. AQST - Volatility Comparison
The current volatility for Elbit Systems Ltd (ESLT) is 19.89%, while Aquestive Therapeutics, Inc. (AQST) has a volatility of 21.51%. This indicates that ESLT experiences smaller price fluctuations and is considered to be less risky than AQST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESLT | AQST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.89% | 21.51% | -1.62% |
Volatility (6M)Calculated over the trailing 6-month period | 35.93% | 68.41% | -32.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.11% | 85.07% | -40.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.66% | 82.62% | -48.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.42% | 87.69% | -58.27% |
Dividends
ESLT vs. AQST - Dividend Comparison
ESLT's dividend yield for the trailing twelve months is around 0.36%, while AQST has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AQST Aquestive Therapeutics, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ESLT Elbit Systems Ltd | 0.36% | 0.47% | 0.77% | 0.94% | 1.22% | 1.03% | 1.28% | 1.14% | 1.54% | 1.32% | 1.57% | 1.63% |
Financials
ESLT vs. AQST - Financials Comparison
This section allows you to compare key financial metrics between Elbit Systems Ltd and Aquestive Therapeutics, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ESLT vs. AQST - Profitability Comparison
ESLT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Elbit Systems Ltd reported a gross profit of 552.06M and revenue of 2.19B. Therefore, the gross margin over that period was 25.2%.
AQST - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Aquestive Therapeutics, Inc. reported a gross profit of 0.00 and revenue of 14.45M. Therefore, the gross margin over that period was 0.0%.
ESLT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Elbit Systems Ltd reported an operating income of 205.13M and revenue of 2.19B, resulting in an operating margin of 9.4%.
AQST - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Aquestive Therapeutics, Inc. reported an operating income of -4.20M and revenue of 14.45M, resulting in an operating margin of -29.1%.
ESLT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Elbit Systems Ltd reported a net income of 160.79M and revenue of 2.19B, resulting in a net margin of 7.4%.
AQST - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Aquestive Therapeutics, Inc. reported a net income of -8.06M and revenue of 14.45M, resulting in a net margin of -55.8%.
Frequently Asked Questions
ESLT and AQST have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AQST has higher volatility (21.51%) compared to ESLT (19.89%). In terms of maximum drawdown, ESLT dropped -53.79% vs AQST's -96.68%.
ESLT currently has the higher Sharpe Ratio (2.26 vs 0.31), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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