PP&E (Net)
Eli Lilly PP&E (Net) increased by 7.6% to $26.54B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 43.7%, from $18.47B to $26.54B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows an upward trend with a 23.2% CAGR.
Analysis
How to read this metric
An increase indicates ongoing investment in physical capacity, whereas a decline may suggest aging assets or a strategy of asset-light operations.
Detailed definition
This metric represents the book value of tangible assets after subtracting accumulated depreciation from the total histo...
Peer comparison
Standard line item for all manufacturing and industrial companies; directly comparable across peers.
property_plant_equipment_netHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $8.86B | $8.92B | $8.99B | $9.10B | $9.13B | $9.31B | $10.14B | $10.55B | $11.28B | $11.86B | $12.91B | $13.62B | $14.83B | $16.17B | $17.10B | $18.47B | $20.53B | $22.32B | $24.68B | $26.54B |
| QoQ Change | — | +0.7% | +0.7% | +1.3% | +0.3% | +2.0% | +8.9% | +4.0% | +6.9% | +5.2% | +8.9% | +5.5% | +8.8% | +9.1% | +5.8% | +8.0% | +11.1% | +8.7% | +10.6% | +7.6% |
| YoY Change | — | — | — | — | +3.1% | +4.4% | +12.9% | +15.9% | +23.5% | +27.4% | +27.3% | +29.2% | +31.5% | +36.3% | +32.4% | +35.6% | +38.4% | +38.0% | +44.3% | +43.7% |
Geographic Breakdown — UNITED STATES And PUERTO RICO
| Segment | Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 |
|---|---|---|---|---|---|
| UNITED STATES And PUERTO RICO | $6.62B | $7.71B | $9.99B | $13.40B | $18.76B |
| Rest of world | — | — | — | $2.16B | $3.52B |
| Other foreign countries | $1.69B | $1.63B | — | — | — |
| Total | $8.99B | $10.14B | $12.91B | $17.10B | $24.68B |
Other foreign countries was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
PP&E (Net) at Other Companies
Frequently Asked Questions
- What is Eli Lilly's pp&e (net)?
- Eli Lilly (LLY) reported pp&e (net) of $26.54B in Q1 2026.
- How has Eli Lilly's pp&e (net) changed year-over-year?
- Eli Lilly's pp&e (net) increased by 43.7% year-over-year, from $18.47B to $26.54B.
- What is the long-term trend for Eli Lilly's pp&e (net)?
- Over 5 years (2020 to 2025), Eli Lilly's pp&e (net) has grown at a 23.2% compound annual growth rate (CAGR), from $8.68B to $24.68B.
- What does pp&e (net) mean?
- The current book value of physical assets after accounting for wear and tear.