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Return on assets at other companies

Merck & Co. logo
Merck & Co.MRK
7.3%-8.4pp
Zoetis logo
ZoetisZTS
18.1%+0.6pp
Idexx Laboratories logo
Idexx LaboratoriesIDXX
33.2%+5.9pp
Tractor Supply Company logo
Tractor Supply CompanyTSCO
17.7%+6.8pp
Kenvue logo
KenvueKVUE
6.1%+2.2pp
General Mills logo
General MillsGIS
6.8%-1.2pp

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 return on assets?
Elanco Animal Health Inc. (ELAN) reported return on assets of -1.8% in Q1 2026.
How has Elanco Animal Health Inc.'s return on assets changed year-over-year?
Elanco Animal Health Inc.'s return on assets decreased by 165.5% year-over-year, from 2.8% to -1.8%.
What is the long-term trend for Elanco Animal Health Inc.'s return on assets?
Over 5 years (2020 to 2025), Elanco Animal Health Inc.'s return on assets has grown at a -15.7% compound annual growth rate (CAGR), from -4.2% to -1.8%.
What does return on assets mean?
How much profit the company squeezes out of everything it owns.
How do you interpret return on assets?
Higher means more productive assets. Unlike ROE, it is unaffected by leverage, so a wide ROE-minus-ROA gap flags a heavily levered balance sheet.
How does return on assets compare across companies?
Best compared within an industry — asset intensity varies enormously across sectors. Not meaningful for banks, whose assets are largely financial.