Elanco Animal Health Incorporated ELAN

22.31 (0.04) (0.18%) as of 25 Sep
Market cap
$11.2B
P/E
0.0×
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 2.61
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — 4 — — — — 2 — — 5 —
Sell — — — — — — — — — — — —
Insider Ownership 0.99%

Capital & Financial Ratios

Market Cap 11,210.00
Revenue 5,020.00
Net Income (199.00)
Free Cash Flow 379.00
Net Debt 3,388.00
Current Ratio 2.05
Debt/Equity 0.59
P/E ratio 0.00
P/S ratio 2.22
P/B ratio 1.69
Past 5Y EPS Growth 29.95%
This Y EPS Growth 20.98%
Next Y EPS Growth 12.51%
Next 5Y EPS Growth 15.54%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 352 468 545 530
Receivables 1,010 886 940 1,152
Inventory 1,735 1,574 1,737 1,769
Other — — — —
3,407 3,215 3,458 3,797
2023 2024 2025 Q'26
Payables 270 296 368 427
ST’ Debt 38 44 74 73
Other 776 798 949 1,352
1,241 1,315 1,597 1,852
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 4.95% 7.59% 2.25%
Cash Flow 55.91% 0.00% 7.40%
Earnings 0.00% 0.00% 0.00%
Book Value 0.00% (5.03%) (3.52%)

Revenue

Mar Jun Sep Dec Year
’26 1,371 1,368 — — —
’25 1,193 1,241 1,137 1,144 4,715
’24 1,205 1,184 1,030 1,020 4,439
’23 1,257 1,057 1,068 1,035 4,417
’22 1,226 1,175 1,026 984 4,411
’21 1,242 1,279 1,131 1,112 4,764
’20 658 586 890 1,137 3,271
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 13 277 — — —
’25 (4) 237 219 108 560
’24 2 200 162 177 541
’23 (145) 61 198 157 271
’22 (62) 312 189 13 452
’21 22 149 89 223 483
’20 4 160 (112) (93) (41)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (38) 244 — — —
’25 (69) 180 127 46 284
’24 (22) 166 112 116 380
’23 (183) 19 165 116 117
’22 (88) 279 143 (66) 268
’21 (34) 124 64 132 286
’20 (41) 164 (235) (168) (280)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.11 0.11 — — —
’25 0.13 0.02 (0.07) (0.56) (0.47)
’24 0.06 (0.10) 0.73 (0.02) 0.68
’23 0.21 (0.20) (2.22) (0.29) (2.50)
’22 0.10 (0.02) (0.10) (0.11) (0.15)
’21 (0.12) (0.43) (0.21) (0.20) (0.97)
’20 (0.12) (0.13) (0.29) (0.66) (1.27)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.2
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — 28.85 25.25 15.17 27.16 11.18 7.88 11.40 8.02

Analyst estimates 2026–2028

Powerpack
Low Price
— — 37.61 35.46 34.09 37.49 29.66 15.10 18.80 23.70
High Price
— 5,640 5,590 6,080 10,200 1,100 9,000 9,300 9,000 9,400
Employees
0 1 1 1 0 4 0 0 0 1
Revenue/Emp
2,914 2,889 3,067 3,071 3,271 4,764 4,411 4,417 4,439 4,715
Revenue
51.64% 48.29% 48.68% 52.13% 49.04% 55.25% 56.63% 56.28% 54.88% 54.99%
Gross Margin
(22) (233) 114 78 (677) (571) (72) (1,195) 488 (224)
EBT
(0.77%) (8.05%) 3.72% 2.54% (20.70%) (11.99%) (1.63%) (27.05%) 10.99% (4.75%)
EBT Margin
(48) (311) 87 68 (574) (483) (78) (1,231) 338 (232)
Net Income
254 318 296 314 517 716 682 694 662 680
Depreciation
9.93 9.85 9.78 8.32 7.41 9.78 9.03 8.97 8.99 9.50
Revenue/Sh
(0.16) (1.06) 0.28 0.18 (1.27) (0.97) (0.15) (2.50) 0.68 (0.47)
Earnings/Sh
0.53 0.59 1.55 0.61 (0.09) 0.99 0.93 0.55 1.10 1.13
Cash Flow/Sh
(0.35) (0.27) (0.41) (0.53) (0.54) (0.40) (0.38) (0.31) (0.33) (0.56)
Capex/Sh
0.18 0.32 1.15 0.07 (0.63) 0.59 0.55 0.24 0.77 0.57
Free CF/Sh
23.96 26.53 16.57 15.03 19.20 15.41 14.93 12.64 12.34 13.19
Book Value/Sh
293 293 314 369 441 487 488 492 494 496
Shares
0.00 0.00 134.86 155.00 0.00 0.00 0.00 0.00 17.81 0.00
PE Ratio
0.00 0.00 3.23 3.54 4.14 2.90 1.37 1.63 1.35 2.38
PS Ratio
1.50 1.50 1.90 1.96 1.60 1.84 0.83 1.16 0.98 1.72
PB Ratio
0.00 0.00 3.81 4.19 5.86 4.09 2.61 2.86 2.22 3.12
EV/Sales
42.88 42.88 32.26 (218.25) (68.42) 68.21 42.99 107.94 26.44 56.13
EV/FCF
156 174 487 224 (41) 483 452 271 541 560
Op' Cash Flow
(103) (79) (127) (197) (239) (197) (184) (154) (161) (276)
Capex
53 94 360 27 (280) 286 268 117 380 284
FCF
1,329 1,481 1,534 1,555 1,340 1,627 1,577 2,166 1,900 1,861
Working Cap'
— — 2,472 2,355 6,127 6,319 5,836 5,774 4,321 4,017
Total Debt
(259) (323) 1,795 2,010 5,621 5,681 5,491 5,422 3,853 3,472
Net Debt
7,028 7,780 5,198 5,547 8,476 7,508 7,289 6,223 6,096 6,547
Sh' Equity
(1.18%) (3.65%) 0.97% 0.76% (4.30%) (2.83%) (0.49%) (8.25%) 2.51% (1.79%)
ROA
(0.23%) (1.95%) 1.65% 1.53% (3.13%) (1.56%) 0.98% (4.52%) 0.63% 0.09%
ROIC
(0.65%) (4.20%) 1.33% 1.27% (8.19%) (6.04%) (1.05%) (18.22%) 5.49% (3.67%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Elanco Animal Health Incorporated peers in Drug Manufacturers Specialty & Generic

All 86 Drug Manufacturers Specialty & Generic stocks →

Elanco Animal Health Incorporated (ELAN) key facts

  • Elanco Animal Health Incorporated (ELAN) is a Drug Manufacturers Specialty & Generic company in the Healthcare sector, listed on the New York Stock Exchange.
  • Elanco Animal Health Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $4.7 billion, up 6.22% from fiscal 2024.
  • Elanco Animal Health Incorporated reported a net loss of $232.0 million, or a loss of $0.47 per share, for fiscal 2025.
  • As of September 25, 2026, ELAN traded at $22.31, a market capitalization of $11.2 billion.
  • Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 2.2× sales.
  • Return on equity was −3.67% and debt-to-equity 0.59.

Source: company filings (standardised) and stockrow calculations.

Elanco Animal Health Incorporated (ELAN) Latest News

News by impact score

Fine-tune

26 Sep

4

Elanco Animal Health posted 10% quarterly growth split evenly between Farm Animal and Pet Health, U.S. and international markets, and pricing gains as it outlined a three-year plan targeting mid-single-digit revenue growth, high-single-digit EBITDA growth and low-double-digit EPS growth while aiming to generate about $1 billion in cash through 2028. Leverage is to fall from roughly 6–7x after the Bayer acquisition to about 3x by year-end and toward the 2x range next year, with margins expanding as procurement and footprint efficiency improve. Growth drivers include Quattro, now in more than half of U.S. clinics with over $100 million in sales, plus international rollout including the U.K. and Europe next year; Zenrelia is gaining dermatology share and expanding to roughly 45 countries, with Befrena supply ramping to meet demand into next year. Farm Animal remains about half of revenue; 15 drugs in development, five to six expected to advance through 2031. Major product launches, international expansion and debt reduction could materially alter ELAN's growth trajectory and cash generation.

15 Sep

3

Longer tick and itch seasons increase demand for Elanco pet health products, supporting ongoing innovation and meeting owner needs for wellness care. Seasonal demand growth for core pet treatments offers moderate revenue support without major strategic shifts.

3

Elanco Animal Health Incorporated gains momentum in innovation from expanding tick and itch seasons that align with rising pet owner demand for health and wellness products. Seasonal demand growth supports Elanco product innovation in core pet care operations.

31 Aug

3

Elanco expands Kansas manufacturing facility to scale biologics capabilities. Kansas facility expansion increases biologics manufacturing scale.

26 Aug

4

Elanco Animal Health Incorporated expands its Elwood manufacturing facility with a $120 million investment. $120 million facility expansion boosts manufacturing capacity and supports operational growth.

4

Elanco expands its Kansas manufacturing facility to scale biologics production capabilities. Kansas facility expansion directly increases Elanco biologics manufacturing capacity and supports strategic growth.

14 Aug

3

Elanco Animal Health's Q2 earnings call drew five key analyst questions on financial results, product performance, and strategic outlook. Earnings call analyst questions can shape near-term investor views on Elanco's operations and guidance.

12 Aug

4 transcript

Elanco (ELAN) held its Q2 2026 earnings call, presenting financial results, operational updates, revenue figures, earnings metrics, and forward guidance for the animal health business. Q2 2026 earnings call delivers detailed financial metrics and guidance that typically drive material shifts in ELAN stock valuation and investor positioning.

11 Aug

3

Elanco receives FDA emergency use authorization for CLiK Extra wound spray to prevent New World Screwworm in livestock and captive wildlife species. FDA emergency authorization expands approved uses for one Elanco livestock product with limited overall revenue impact.

9 Aug

4

Elanco secures EUA for screwworm treatment, raising questions on durable competitive edge in animal health. EUA win for screwworm treatment strengthens Elanco position in livestock parasite control.

4

Elanco Animal Health (ELAN) receives FDA Emergency Use Authorization, returning focus to the company's valuation. FDA Emergency Use Authorization triggers renewed market attention and potential shifts in ELAN valuation and trajectory.

8 Aug

3

Elanco Animal Health reported Q2 results with revenue and earnings figures, segment breakdowns, and management commentary on product performance, cost management, and forward guidance. Q2 earnings and guidance updates can moderately shift near-term investor views and operational expectations without fundamentally redefining long-term strategy.

7 Aug

3

Elanco receives FDA emergency use authorization for CLiK Extra wound spray to prevent New World Screwworm on or around wounds in livestock and captive wildlife species. Emergency authorization for CLiK Extra broadens product applications in core animal health markets, supporting moderate revenue upside.

6 Aug

4

Elanco CEO announces boosted forecast amid surge in tick bites. Boosted forecast signals stronger revenue and market positioning for Elanco.

5 Aug

4

Elanco reports strong Q2 CY2026 sales, driving sharp stock price gains. Strong quarterly sales directly boost near-term financial results and investor sentiment for Elanco.

3

Elanco Animal Health reports 8% growth in Q2 2026 earnings call driven by strong innovation. Innovation-driven 8% growth in earnings points to moderate effects on financial performance and positioning.

3

Elanco Animal Health reports Q2 earnings with analysis of key metrics including revenue, margins and segment performance that shape views on operational results. Quarterly earnings metrics offer moderate insight into financial trends that can influence short-term stock movement.

3

Elanco Animal Health Incorporated (ELAN) beat Q2 earnings and revenue estimates. Q2 earnings and revenue beats may boost short-term stock performance and investor sentiment for ELAN.

3

Elanco Animal Health Incorporated reported its second quarter 2026 financial results. Quarterly earnings releases deliver financial metrics that moderately shape near-term stock movement and sentiment.

29 Jul

3

Elanco Animal Health Incorporated anticipates earnings growth, prompting questions about potential stock purchases. Projected earnings growth may moderately affect investor sentiment and short-term stock performance.

27 Jul

3

UBS states Elanco Animal Health is best-positioned into Q2 print among animal health stocks. Positive UBS positioning statement may boost investor sentiment towards ELAN ahead of earnings.

26 Jul

3

New tick-data advantage for Credelio Quattro may alter Elanco Animal Health investment narrative and competitive positioning. Product data edge on Credelio Quattro introduces moderate shift in competitive positioning and market sentiment for Elanco.

22 Jul

3

Credelio Quattro kills ticks faster than Simparica Trio and NexGard Plus. Faster tick kill claim strengthens Elanco competitive position in animal parasiticide market.

25 Jun

4

Elanco Animal Health Incorporated explores long-term growth potential through seven potential blockbuster product launches. Seven potential blockbuster launches represent major product initiatives likely to significantly alter Elanco's trajectory.

19 Jun

3

Elanco Animal Health Incorporated plans to launch Elanco Ventures backed by a $25 million multi-year investment aimed at speeding up innovation in animal health. A multi-year $25 million investment in Elanco Ventures targets innovation acceleration potentially affecting product pipeline and competitive stance moderately.

18 Jun

3

Elanco to launch Elanco Ventures with $25 million multi-year commitment to accelerate innovation in animal health. $25 million multi-year venture commitment supports incremental innovation pipeline development without immediate material financial effects.

15 Jun

4

Elanco receives USDA approval for TruCan Ultra Lyme-L4, the first and only 0.5 mL combination vaccine protecting dogs against Lyme disease and leptospirosis. First-of-kind vaccine approval expands Elanco canine portfolio and supports revenue growth in core animal health segment.

1 Jun

4

Elanco (ELAN) experiences renewed investor optimism after early Befrena launch, leading to valuation reassessment. Early Befrena launch and renewed optimism signal significant positive shifts in Elanco's market trajectory and investor sentiment.

4

Elanco launches Befrena, its second USDA-approved pet biologic, driving an immediate 9.8% stock price increase. New USDA-approved pet biologic expands Elanco product portfolio and lifts share price.

21 May

4

Elanco launches Befrena as a new dermatology product to drive growth for its undervalued shares. Befrena launch represents a major product introduction in dermatology with potential to significantly boost Elanco revenue and market position.

stockrow.com/ELAN · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com