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Current ratio at other companies

Merck & Co. logo
Merck & Co.MRK
1.3×-0.1×
Zoetis logo
ZoetisZTS
3.2×+1.4×
Idexx Laboratories logo
Idexx LaboratoriesIDXX
1.1×0.0×
Tractor Supply Company logo
Tractor Supply CompanyTSCO
1.4×0.0×
Kenvue logo
KenvueKVUE
+0.1×
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×

Where this comes from

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

Based on the most recent quarter.

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 current ratio?
Elanco Animal Health Inc. (ELAN) reported current ratio of 2.2× in Q1 2026.
How has Elanco Animal Health Inc.'s current ratio changed year-over-year?
Elanco Animal Health Inc.'s current ratio decreased by 20.5% year-over-year, from 2.7× to 2.2×.
What is the long-term trend for Elanco Animal Health Inc.'s current ratio?
Over 5 years (2020 to 2025), Elanco Animal Health Inc.'s current ratio has grown at a 5.6% compound annual growth rate (CAGR), from 1.6× to 2.2×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.