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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 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.

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 total debt?
Elanco Animal Health Inc. (ELAN) reported total debt of $4.32B in Q1 2026.
How has Elanco Animal Health Inc.'s total debt changed year-over-year?
Elanco Animal Health Inc.'s total debt decreased by 1.7% year-over-year, from $4.4B to $4.32B.
What is the long-term trend for Elanco Animal Health Inc.'s total debt?
Over 5 years (2020 to 2025), Elanco Animal Health Inc.'s total debt has grown at a -6.7% compound annual growth rate (CAGR), from $6.32B to $4.47B.
What does total debt mean?
The total amount of money the company owes to banks, bondholders, and other lenders.
How do you interpret total debt?
An increase in total debt suggests higher financial leverage and increased interest expense, which may heighten financial risk, while a decrease indicates deleveraging and potentially improved balance sheet health.
How does total debt compare across companies?
Peers in the animal health and pharmaceutical sectors typically manage debt levels relative to their EBITDA to ensure they maintain investment-grade credit ratings and sufficient liquidity for R&D investment.