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Asset turnover at other companies

Merck & Co. logo
Merck & Co.MRK
0.5×0.0×
Zoetis logo
ZoetisZTS
0.7×0.0×
Idexx Laboratories logo
Idexx LaboratoriesIDXX
1.3×+0.2×
Tractor Supply Company logo
Tractor Supply CompanyTSCO
1.4×-0.1×
Kenvue logo
KenvueKVUE
0.6×0.0×
General Mills logo
General MillsGIS
0.6×-0.1×

Other financials

Income statement

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Revenue$1.4B+14.9%
Gross profit$785.0M+14.8%
Net income$57.0M-14.9%
EPS (diluted)$0.11-15.4%

Balance sheet

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Cash & equivalents$428.0M-12.1%
Total debt$4.3B-1.7%
Total equity$6.5B+2.3%
Total assets$13.2B+2.2%

Cash flow

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Operating cash flow$13.0M+425%
CapEx$51.0M-21.5%
Free cash flow-$38.0M+44.9%

Valuation

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Market cap$12.1B+128%
Enterprise value$15.99B+73.1%
P/S2.5×+1.3×

Profitability

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Gross margin55.1%+0.2pp
Net margin-4.9%-13.6pp
FCF margin6.4%-1.4pp

Returns & leverage

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Return on equity-3.8%-9.9pp
Debt / equity0.7×0.0×
Current ratio2.2×-0.6×

Where this comes from

Calculated from Elanco Animal Health Inc.’s reported figures.

Based on trailing twelve months.

The official record: Elanco Animal Health Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Elanco Animal Health Inc.'s asset turnover?
Elanco Animal Health Inc. (ELAN) reported asset turnover of 0.4× in Q1 2026.
How has Elanco Animal Health Inc.'s asset turnover changed year-over-year?
Elanco Animal Health Inc.'s asset turnover increased by 13.9% year-over-year, from 0.3× to 0.4×.
What is the long-term trend for Elanco Animal Health Inc.'s asset turnover?
Over 5 years (2020 to 2025), Elanco Animal Health Inc.'s asset turnover has grown at a 8.2% compound annual growth rate (CAGR), from 0.2× to 0.4×.
What does asset turnover mean?
How many sales dollars the company generates from each dollar of assets.
How do you interpret asset turnover?
Higher turnover means a more sales-efficient asset base. Low-margin businesses (retail, distribution) compete on high turnover; high-margin ones (software, luxury) on margin.
How does asset turnover compare across companies?
Compare within an industry — turnover differences across sectors reflect business models, not performance.