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Elanco Animal Health Inc. ELAN Free cash flow yield

Free cash flow yield at other companies

Merck & Co. logo
Merck & Co.MRK
4.7%-2.8pp
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ZoetisZTS
4.5%+1.5pp
Idexx Laboratories logo
Idexx LaboratoriesIDXX
2.4%-0.1pp
Tractor Supply Company logo
Tractor Supply CompanyTSCO
2.3%
Kenvue logo
KenvueKVUE
5.5%+2.4pp
General Mills logo
General MillsGIS
6.8%-0.6pp

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 free cash flow yield?
Elanco Animal Health Inc. (ELAN) reported free cash flow yield of 2.6% in Q1 2026.
How has Elanco Animal Health Inc.'s free cash flow yield changed year-over-year?
Elanco Animal Health Inc.'s free cash flow yield decreased by 60.2% year-over-year, from 6.7% to 2.6%.
What is the long-term trend for Elanco Animal Health Inc.'s free cash flow yield?
Over 3 years (2021 to 2025), Elanco Animal Health Inc.'s free cash flow yield has grown at a 1.5% compound annual growth rate (CAGR), from 2.4% to 2.5%.
What does free cash flow yield mean?
The spendable cash the business throws off each year as a percentage of its market price.
How do you interpret free cash flow yield?
Higher yield can mean better value — you pay less for each dollar of cash generated. A useful sanity check against earnings-based multiples, which non-cash items can distort.
How does free cash flow yield compare across companies?
Comparable across cash-generative companies; less meaningful for firms in heavy-investment phases with temporarily negative FCF.