Elanco Animal Health Incorporated financials
Source: EDGAR filings · Built 2026-06-02T02:54:03Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 282.00M | 394.00M | 131.00M | 281.00M | 324.00M | -176.00M |
| Working Capital | 1.86B | 1.90B | 2.17B | 1.58B | 1.63B | 1.34B |
| Net Debt | 3.60B | 3.98B | 5.56B | 5.63B | 5.84B | 5.82B |
| Gross Margin | 54.99% | 54.88% | 56.28% | 56.63% | 55.25% | 49.07% |
| Net Margin | -4.92% | 7.61% | -27.87% | -1.77% | -10.14% | -17.54% |
| Return on Equity (ROE) | -3.54% | 5.54% | -19.78% | -1.07% | -6.43% | -6.79% |
| Return on Assets (ROA) | -1.74% | 2.68% | -8.57% | -0.50% | -2.93% | -3.24% |
| Current Ratio | 2.17× | 2.44× | 2.75× | 1.93× | 1.99× | 1.65× |
| Debt-to-Equity | 0.63× | 0.73× | 0.95× | 0.82× | 0.86× | 0.75× |
| Effective Tax Rate | -3.57% | 30.74% | -3.01% | -8.33% | 15.41% | 15.21% |
| Cash Conversion Ratio | -2.41× | 1.60× | -0.22× | -5.79× | -1.00× | 0.07× |
| Accruals Ratio | -0.06× | -0.02× | -0.10× | -0.03× | -0.06× | -0.03× |
| SBC % of Revenue | 1.44% | 1.24% | 1.04% | 1.34% | 1.39% | 1.44% |
| CapEx Coverage | 2.01× | 3.68× | 1.94× | 2.64× | 3.04× | -0.30× |
| Free Cash Flow Per Share | $0.57 | $0.79 | $0.27 | $0.58 | $0.67 | $-0.40 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | 17.81× | — | — | — | — |
| P/FCF | 39.83× | 15.28× | 55.99× | 21.23× | 42.68× | — |
| FCF Yield | 2.51% | 6.54% | 1.79% | 4.71% | 2.34% | — |
| P/S | 2.39× | 1.35× | 1.66× | 1.31× | 2.82× | 4.42× |
| P/B | 1.72× | 0.98× | 1.18× | 0.80× | 1.79× | 1.71× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 4.71B | 4.44B | 4.42B | 4.41B | 4.76B | 3.27B |
| Cost of Goods and Services Sold | 2.12B | 2.00B | 1.93B | 1.91B | 2.13B | 1.67B |
| Gross Profit | 2.59B | 2.44B | 2.49B | — | — | — |
| Research and Development Expense | 368.00M | 344.00M | 327.00M | 321.00M | 369.00M | 329.00M |
| Selling, General and Administrative Expense | 1.43B | 1.31B | 1.28B | 1.26B | 1.40B | 997.00M |
| Operating Expenses | — | — | — | — | — | 486.80M |
| Income Tax Expense (Benefit) | 8.00M | 150.00M | 36.00M | 6.00M | -88.00M | -103.00M |
| Net Income (Loss) Attributable to Parent | -232.00M | 338.00M | -1.23B | -78.00M | -483.00M | -574.00M |
| Earnings Per Share, Basic | $-0.47 | $0.68 | $-2.50 | $-0.16 | $-0.99 | $-1.30 |
| Weighted Average Number of Shares Outstanding, Basic | 496.40M | 494.00M | 492.30M | 488.30M | 487.20M | 441.40M |
| Earnings Per Share, Diluted | $-0.47 | $0.68 | $-2.50 | $-0.16 | $-0.99 | $-1.30 |
| Weighted Average Number of Shares Outstanding, Diluted | 496.40M | 497.30M | 492.30M | 488.30M | 487.20M | 441.40M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 545.00M | 468.00M | 352.00M | 345.00M | 638.00M | 495.00M |
| Assets, Current | 3.46B | 3.21B | 3.41B | 3.28B | 3.27B | 3.42B |
| Assets | 13.36B | 12.61B | 14.36B | 15.49B | 16.48B | 17.69B |
| Long-term Debt | 3.76B | 4.32B | 5.77B | 5.84B | 6.32B | 6.13B |
| Liabilities, Current | 1.60B | 1.31B | 1.24B | 1.70B | 1.65B | 2.08B |
| Long-term Debt, Excluding Current Maturities | — | 4.28B | 5.74B | 5.45B | 6.03B | 5.57B |
| Liabilities | 6.81B | 6.52B | 8.14B | 8.20B | 8.97B | 9.22B |
| Stockholders' Equity Attributable to Parent | 6.55B | 6.10B | 6.22B | 7.29B | 7.51B | 8.46B |
| Common Stock, Shares, Outstanding | 496.98M | 494.45M | 492.85M | 474.24M | 473.12M | 471.92M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 560.00M | 541.00M | 271.00M | 452.00M | 483.00M | -41.00M |
| Payments to Acquire Property, Plant, and Equipment | 276.00M | 147.00M | 140.00M | 171.00M | 159.00M | 135.00M |
| Net Cash Provided by (Used in) Investing Activities | -279.00M | 1.16B | -169.00M | -179.00M | -530.00M | -4.78B |
| Net Cash Provided by (Used in) Financing Activities | -275.00M | -1.49B | -83.00M | -549.00M | 210.00M | 4.95B |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -38.00M | 46.00M | 238.00M | 111.00M | -69.00M | 130.00M |
| Working Capital | 1.92B | 1.86B | 2.04B | 2.22B | 2.17B | 1.90B |
| Net Debt | 3.56B | 3.60B | 3.52B | 3.67B | 3.91B | 3.98B |
| Gross Margin | 57.26% | 51.49% | 53.39% | 57.45% | 57.33% | 50.88% |
| Net Margin | 4.16% | -24.13% | -2.99% | 0.89% | 5.62% | -0.78% |
| Return on Equity (ROE) | 0.88% | -4.22% | -0.50% | 0.16% | 1.05% | -0.13% |
| Return on Assets (ROA) | 0.43% | -2.07% | -0.25% | 0.08% | 0.52% | -0.06% |
| Current Ratio | 2.16× | 2.17× | 2.40× | 2.60× | 2.71× | 2.44× |
| Debt-to-Equity | 0.61× | 0.63× | 0.60× | 0.62× | 0.69× | 0.73× |
| Effective Tax Rate | 34.48% | -6.56% | 32.00% | 56.00% | -11.67% | 84.31% |
| Cash Conversion Ratio | 0.23× | -0.39× | -13.29× | 21.18× | -0.06× | -22.13× |
| Accruals Ratio | 0.00× | -0.03× | -0.04× | -0.02× | 0.01× | -0.01× |
| SBC % of Revenue | 1.53% | 1.40% | 4.57% | 2.82% | 1.26% | 1.47% |
| CapEx Coverage | 0.25× | 1.74× | 2.11× | 1.91× | -0.06× | 3.77× |
| Free Cash Flow Per Share | $-0.08 | $0.09 | $0.48 | $0.22 | $-0.14 | $0.26 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | — | 335.67× | 16.60× | 14.19× | 18.07× |
| P/S | 2.44× | 2.39× | 2.18× | 1.58× | 1.18× | 1.35× |
| P/B | 1.84× | 1.72× | 1.48× | 1.05× | 0.82× | 0.98× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 1.37B | 1.14B | 1.14B | 1.24B | 1.19B | 1.02B |
| Cost of Goods and Services Sold | 586.00M | 555.00M | 530.00M | 528.00M | 509.00M | 501.00M |
| Gross Profit | 785.00M | 589.00M | 607.00M | 713.00M | 684.00M | 519.00M |
| Research and Development Expense | 97.00M | 93.00M | 89.00M | 92.00M | 94.00M | 81.00M |
| Selling, General and Administrative Expense | 381.00M | 338.00M | 351.00M | 400.00M | 341.00M | 300.00M |
| Income Tax Expense (Benefit) | 30.00M | 17.00M | -16.00M | 14.00M | -7.00M | -43.00M |
| Net Income (Loss) Attributable to Parent | 57.00M | -276.00M | -34.00M | 11.00M | 67.00M | -8.00M |
| Earnings Per Share, Basic | $0.11 | $-0.56 | $-0.07 | $0.02 | $0.14 | $-0.02 |
| Weighted Average Number of Shares Outstanding, Basic | 497.70M | 496.40M | 496.80M | 496.60M | 495.10M | 494.00M |
| Earnings Per Share, Diluted | $0.11 | $-0.56 | $-0.07 | $0.02 | $0.13 | $-0.02 |
| Weighted Average Number of Shares Outstanding, Diluted | 506.00M | 496.40M | 496.80M | 500.10M | 499.10M | 497.30M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 428.00M | 545.00M | 505.00M | 539.00M | 487.00M | 468.00M |
| Assets, Current | 3.58B | 3.46B | 3.49B | 3.61B | 3.44B | 3.21B |
| Assets | 13.22B | 13.36B | 13.55B | 13.74B | 12.94B | 12.61B |
| Long-term Debt | 3.74B | 3.76B | 3.77B | 3.95B | 4.39B | 4.32B |
| Liabilities, Current | 1.66B | 1.60B | 1.46B | 1.39B | 1.27B | 1.31B |
| Long-term Debt, Excluding Current Maturities | — | — | — | — | 4.35B | 4.28B |
| Liabilities | 6.72B | 6.81B | 6.80B | 6.97B | 6.59B | 6.52B |
| Stockholders' Equity Attributable to Parent | 6.50B | 6.55B | 6.75B | 6.78B | 6.35B | 6.10B |
| Common Stock, Shares, Outstanding | 499.38M | 496.98M | 496.83M | 496.65M | 496.46M | 494.45M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 13.00M | 108.00M | 452.00M | 233.00M | -4.00M | 177.00M |
| Payments to Acquire Property, Plant, and Equipment | 51.00M | 62.00M | 214.00M | 122.00M | 65.00M | 47.00M |
| Net Cash Provided by (Used in) Investing Activities | -60.00M | -64.00M | -215.00M | -114.00M | -58.00M | -90.00M |
| Net Cash Provided by (Used in) Financing Activities | -65.00M | -18.00M | -257.00M | -104.00M | 52.00M | -32.00M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (ELAN CIK 0001739104),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.