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Eli Lilly LLY Net margin

Net margin at other companies

Johnson & Johnson logo
Johnson & JohnsonJNJ
21.8%-2.6pp
Pfizer logo
PfizerPFE
15.7%
Amgen logo
AmgenAMGN
21%+3.6pp
Cardinal Health logo
Cardinal HealthCAH
0.6%-0.1pp
Biogen logo
BiogenBIIB
14.3%-0.8pp
McKesson logo
McKessonMCK
1.2%+0.3pp

Other financials

Income statement

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Revenue$19.8B+55.5%
Gross profit$16.2B+54.4%
Net income$7.4B+168%
EPS (diluted)$8.26+170%

Balance sheet

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Cash & equivalents$5.3B+70.8%
Total debt$43.4B+12.6%
Total equity$31.2B+97.9%
Total assets$116.58B+30.4%

Cash flow

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Operating cash flow$5.3B+220%
CapEx$2.3B+54.0%
Free cash flow$3.0B+1,828%

Valuation

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Market cap$991.62B+10.8%
Enterprise value$1.03T+10.6%
P/E39.2×-41.4×
P/S13.7×-4.5×

Profitability

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Gross margin82.8%+1.1pp

Returns & leverage

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Return on equity107.6%+29.9pp
Debt / equity1.4×-1.1×
Current ratio1.5×+0.1×

Where this comes from

Calculated from Eli Lilly’s reported figures.

Based on trailing twelve months.

The official record: Eli Lilly’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Eli Lilly's net margin?
Eli Lilly (LLY) reported net margin of 35% in Q1 2026.
How has Eli Lilly's net margin changed year-over-year?
Eli Lilly's net margin increased by 54.4% year-over-year, from 22.7% to 35%.
What is the long-term trend for Eli Lilly's net margin?
Over 4 years (2021 to 2025), Eli Lilly's net margin has grown at a 6.1% compound annual growth rate (CAGR), from 87.8% to 111.2%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.