Current Assets

Inventory LIFO Reserve

Eli Lilly Inventory LIFO Reserve increased by 14.0% to -$37.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 26.3%, from -$29.30M to -$37.00M. Over 2 years (FY 2023 to FY 2025), Inventory LIFO Reserve shows an upward trend with a -35.2% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2023
Last reportedQ1 2026Apr 30, 2026

How to read this metric

A growing reserve typically indicates rising costs of raw materials over time.

Detailed definition

This is the difference between the cost of inventory calculated under the LIFO method and the cost under the FIFO or ave...

Peer comparison

Only applicable to companies using LIFO; peers using FIFO will not have this metric.

Metric ID: inventory_lifo_reserve

Historical Data

10 periods
 Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value-$102.40M-$96.50M-$87.70M-$73.40M-$62.90M-$29.30M$1.40M$38.40M-$43.00M-$37.00M
QoQ Change+5.8%+9.1%+16.3%+14.3%+53.4%+104.8%>999%-212.0%+14.0%
YoY Change+38.6%+69.6%+101.6%+152.3%+31.6%-26.3%
Range-$102.40M$38.40M
CAGR-36.4%
Avg YoY Growth+61.2%
Median YoY Growth+54.1%

Frequently Asked Questions

What is Eli Lilly's inventory lifo reserve?
Eli Lilly (LLY) reported inventory lifo reserve of -$37.00M in Q1 2026.
How has Eli Lilly's inventory lifo reserve changed year-over-year?
Eli Lilly's inventory lifo reserve decreased by 26.3% year-over-year, from -$29.30M to -$37.00M.
What is the long-term trend for Eli Lilly's inventory lifo reserve?
Over 2 years (2023 to 2025), Eli Lilly's inventory lifo reserve has grown at a -35.2% compound annual growth rate (CAGR), from -$102.40M to -$43.00M.
What does inventory lifo reserve mean?
The difference between inventory value under LIFO and FIFO accounting methods.