Elanco Animal Health Incorporated

ELAN Healthcare Drug Manufacturers Specialty & Generic

Elanco Animal Health Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $4.7 billion, up 6.22% from fiscal 2024.

Revenue
+11.3%
EPS
+157.1%
Free cash flow
+35.6%
Total debt
−6.91%

Quarter to September 2026, against a year earlier

24.35 0.67 +2.83%
Market cap
$11.8B
P/E
0.0×
Fwd P/E
161×
Dividend yield
—
F-score
5/9
Altman Z
1.28
Beneish M
−2.68
Dividend safety
n/a

Elanco Animal Health Incorporated (ELAN) Current ratio

Alert me on Current ratio

Elanco Animal Health Incorporated's current ratio at the end of the quarter to 30 September 2026 was 2.1×, down 0.1× from fiscal 2025 (2.2×). Over the past ten years it has ranged from 1.6× (fiscal 2020) to 3.3× (fiscal 2017); the current reading is higher than 40% of that period. That is below the Drug Manufacturers Specialty & Generic industry median of 2.4× and below the Healthcare sector median of 3.1×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 2.2× (11.44%)
FY2024 2.4× (10.95%)
FY2023 2.7× 42.50%
FY2022 1.9× (3.08%)
FY2021 2.0× 20.83%
FY2020 1.6× (43.26%)
FY2019 2.9× 12.35%
FY2018 2.6× (21.86%)
FY2017 3.3× 4.95%
FY2016 3.1× —

Quarterly newest first

Period Current ratio Change
Sep 2026 2.1× 1.70%
Jun 2026 2.1× (4.92%)
Mar 2026 2.2× (0.41%)
Dec 2025 2.2× (9.81%)
30 more quarters

Against its own ten years

Low 1.6× High 3.3×
Ten-year median 2.5×
Current reading's percentile 40

Current ratio against peers

Company Current ratio
KNSA Kiniksa Pharmaceuticals International, plc compare 3.9×
LNTH Lantheus Holdings, Inc. compare 3.2×
ALKS Alkermes plc compare 2.4×
ELAN Elanco Animal Health Incorporated 2.1×
NBIX Neurocrine Biosciences, Inc. compare 2.0×
RDY Dr. Reddy's Laboratories Ltd compare 1.9×
AMRX AMNEAL PHARMACEUTICALS, INC. compare 1.9×
VTRS Viatris Inc. compare 1.6×
HIMS Hims & Hers Health, Inc. compare 0.9×
Drug Manufacturers Specialty & Generic industry median 2.4×
Healthcare sector median 3.1×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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