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Eli Lilly LLY Return on invested capital

Return on invested capital at other companies

Pfizer logo
PfizerPFE
6%
Amgen logo
AmgenAMGN
14.1%+4.0pp
Cardinal Health logo
Cardinal HealthCAH
100.6%
Oruka Therapeutics, Inc. logo
Oruka Therapeutics, Inc.ORKA
-37%
McKesson logo
McKessonMCK
104.2%+34.7pp
Exelixis logo
ExelixisEXEL
46.7%+10.4pp

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$1.02T+48.4%
Enterprise value$1.06T+46.2%
P/E40.5×-9.5×
P/S14.2×+1.2×

Profitability

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Gross margin82.8%+1.1pp
Net margin35%+12.3pp
FCF margin16.4%+8.7pp

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 source filing: Eli Lilly’s 10-Q, filed April 30, 2026. Open the filing →

Filed
Apr 30, 2026, 11:25 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000059478-26-000045

FAQ

What is Eli Lilly's return on invested capital?
Eli Lilly (LLY) reported return on invested capital of 42% in Q1 2026.
How has Eli Lilly's return on invested capital changed year-over-year?
Eli Lilly's return on invested capital increased by 65.8% year-over-year, from 25.3% to 42%.
What is the long-term trend for Eli Lilly's return on invested capital?
Over 5 years (2020 to 2025), Eli Lilly's return on invested capital has grown at a 1.8% compound annual growth rate (CAGR), from 35% to 38.3%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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