SAFRY vs. ESLT

Last updated Jun 3, 2026

SAFRY (Safran SA) and ESLT (Elbit Systems Ltd) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 10 years, SAFRY returned 18.70%/yr vs 26.12%/yr for ESLT. At a 0.22 correlation, their price movements are largely independent.

Performance

SAFRY vs. ESLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Safran SA (SAFRY) and Elbit Systems Ltd (ESLT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SAFRY achieves a -0.31% return, which is significantly lower than ESLT's 47.14% return. Over the past 10 years, SAFRY has underperformed ESLT with an annualized return of 18.70%, while ESLT has yielded a comparatively higher 26.12% annualized return.

SAFRY

• 1D: -0.29%
• 1M: 7.80%
• YTD: -0.31%
• 6M: 2.63%
• 1Y: 15.05%
• 3Y*: 33.56%
• 5Y*: 19.08%
• 10Y*: 18.70%

ESLT

• 1D: -1.04%
• 1M: 2.16%
• YTD: 47.14%
• 6M: 82.80%
• 1Y: 105.13%
• 3Y*: 64.10%
• 5Y*: 46.88%
• 10Y*: 26.12%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SAFRY vs. ESLT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SAFRY Safran SA	-0.31%	61.48%	24.75%	42.67%	2.63%	-13.43%	-8.37%	31.49%	17.99%	46.30%
ESLT Elbit Systems Ltd	47.14%	125.14%	22.17%	31.30%	-4.82%	34.77%	-14.56%	37.62%	-13.22%	32.65%

Correlation

The correlation between SAFRY and ESLT is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (5Y) Calculated over the trailing 5-year period	0.25
Correlation (10Y) Calculated over the trailing 10-year period	0.25
Correlation (All Time) Calculated using the full available price history since Oct 26, 2007	0.22

Fundamentals

Market Cap SAFRY : $143.37B ESLT : $40.86B
EPS SAFRY : $3.89 ESLT : $12.36
PE Ratio SAFRY : 22.08 ESLT : 68.68
PEG Ratio SAFRY : 0.01 ESLT : 3.25
PS Ratio SAFRY : 2.44 ESLT : 4.91
PB Ratio SAFRY : 9.67 ESLT : 9.59
Total Revenue (TTM) SAFRY : $58.78B ESLT : $8.23B
Gross Profit (TTM) SAFRY : $22.83B ESLT : $2.03B
EBITDA (TTM) SAFRY : $6.39B ESLT : $861.06M

Return for Risk

SAFRY vs. ESLT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SAFRY

SAFRY Risk / Return Rank: 55
SAFRY Sharpe Ratio Rank: 56
SAFRY Sortino Ratio Rank: 52
SAFRY Omega Ratio Rank: 50
SAFRY Calmar Ratio Rank: 56
SAFRY Martin Ratio Rank: 59

ESLT

ESLT Risk / Return Rank: 90
ESLT Sharpe Ratio Rank: 91
ESLT Sortino Ratio Rank: 91
ESLT Omega Ratio Rank: 88
ESLT Calmar Ratio Rank: 88
ESLT Martin Ratio Rank: 90

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SAFRY vs. ESLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Safran SA (SAFRY) and Elbit Systems Ltd (ESLT). 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.

	SAFRY	ESLT	Difference
Sharpe ratio Return per unit of total volatility	0.47	2.51	-2.04
Sortino ratio Return per unit of downside risk	0.94	3.42	-2.48
Omega ratio Gain probability vs. loss probability	1.11	1.41	-0.30
Calmar ratio Return relative to maximum drawdown	0.73	4.17	-3.44
Martin ratio Return relative to average drawdown	1.95	12.23	-10.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SAFRY vs. ESLT - Sharpe Ratio Comparison

The current SAFRY Sharpe Ratio is 0.47, which is lower than the ESLT Sharpe Ratio of 2.51. The chart below compares the historical Sharpe Ratios of SAFRY and ESLT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SAFRY	ESLT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.47	2.51	-2.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	1.42	-0.78
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	0.90	-0.37
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.62	-0.10

Drawdowns

SAFRY vs. ESLT - Drawdown Comparison

The maximum SAFRY drawdown since its inception was -65.58%, which is greater than ESLT's maximum drawdown of -53.79%. Use the drawdown chart below to compare losses from any high point for SAFRY and ESLT.

Drawdown Indicators

	SAFRY	ESLT	Difference
Max Drawdown Largest peak-to-trough decline	-65.58%	-53.79%	-11.79%
Max Drawdown (1Y) Largest decline over 1 year	-24.57%	-25.98%	+1.41%
Max Drawdown (3Y) Largest decline over 3 years	-24.57%	-25.98%	+1.41%
Max Drawdown (5Y) Largest decline over 5 years	-42.37%	-32.89%	-9.48%
Max Drawdown (10Y) Largest decline over 10 years	-65.58%	-32.89%	-32.69%
Current Drawdown Current decline from peak	-15.33%	-16.19%	+0.86%
Average Drawdown Average peak-to-trough decline	-12.24%	-13.91%	+1.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.21%	8.86%	+0.35%

Volatility

SAFRY vs. ESLT - Volatility Comparison

The current volatility for Safran SA (SAFRY) is 14.87%, while Elbit Systems Ltd (ESLT) has a volatility of 16.23%. This indicates that SAFRY experiences smaller price fluctuations and is considered to be less risky than ESLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SAFRY	ESLT	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.87%	16.23%	-1.36%
Volatility (6M) Calculated over the trailing 6-month period	28.59%	33.78%	-5.19%
Volatility (1Y) Calculated over the trailing 1-year period	32.39%	42.18%	-9.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.74%	33.10%	-3.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.30%	29.11%	+6.19%

Dividends

SAFRY vs. ESLT - Dividend Comparison

SAFRY's dividend yield for the trailing twelve months is around 1.15%, more than ESLT's 0.37% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ESLT Elbit Systems Ltd	0.37%	0.47%	0.77%	0.94%	1.22%	1.03%	1.28%	1.14%	1.54%	1.32%	1.57%	1.63%
SAFRY Safran SA	1.15%	0.93%	1.09%	0.83%	0.42%	0.43%	0.00%	1.32%	1.60%	1.60%	4.16%	1.98%

Financials

SAFRY vs. ESLT - Profitability Comparison

The chart below illustrates the profitability comparison between Safran SA and Elbit Systems Ltd over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

SAFRY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Safran SA reported a gross profit of 1.96B and revenue of 16.20B. Therefore, the gross margin over that period was 12.1%.

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%.

SAFRY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Safran SA reported an operating income of 1.91B and revenue of 16.20B, resulting in an operating margin of 11.8%.

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%.

SAFRY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Safran SA reported a net income of 2.12B and revenue of 16.20B, resulting in a net margin of 13.1%.

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%.

Frequently Asked Questions

Can I hold both SAFRY and ESLT in my portfolio?

SAFRY and ESLT have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SAFRY or ESLT?

ESLT has higher volatility (16.23%) compared to SAFRY (14.87%). In terms of maximum drawdown, SAFRY dropped -65.58% vs ESLT's -53.79%.

Which has better risk-adjusted returns?

ESLT currently has the higher Sharpe Ratio (2.51 vs 0.47), 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.