Eli Lilly and Company

LLY Healthcare Drug Manufacturers General

Eli Lilly and Company’s revenue for fiscal 2025 (year ended December 2025) was $65.2 billion, up 44.7% from fiscal 2024.

Revenue
+38.6%
EPS
+16.3%
Free cash flow
+21.8%
Total debt
+15.0%

Quarter to September 2026, against a year earlier

1,370.24 47.75 −3.37%
Market cap
$1.28T
P/E
44.5×
Fwd P/E
41.5×
Dividend yield
0.49%
F-score
7/9
Altman Z
8.61
Beneish M
−1.91
Dividend safety
86/100

Eli Lilly and Company (LLY) Gross margin

Alert me on Gross margin

Eli Lilly and Company's gross margin over the twelve months to 30 September 2026 was 83.6%, up 0.6 percentage points from fiscal 2025 (83.0%). Over the past ten years it has ranged from 73.1% (fiscal 2016) to 83.0% (fiscal 2025) — the current reading is the highest in ten years. That is above the Drug Manufacturers General industry median of 73.0% and above the Healthcare sector median of 53.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 83.0% 1.73
FY2024 81.3% 2.06
FY2023 79.3% 2.48
FY2022 76.8% 2.59
FY2021 74.2% (3.48)
FY2020 77.7% (1.19)
FY2019 78.9% 0.63
FY2018 78.2% 0.49
FY2017 77.7% 4.64
FY2016 73.1% (1.67)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 83.9% (1.90)
Jun 2026 85.8% 3.85
Mar 2026 81.9% (0.60)
Dec 2025 82.5% (0.38)
43 more quarters

Against its own ten years

Low 73.1% High 83.0%
Ten-year median 77.7%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
LLY Eli Lilly and Company 83.6%
AZN AstraZeneca PLC compare 81.9%
GILD Gilead Sciences, Inc. compare 79.9%
NVS Novartis AG compare 74.9%
ABBV AbbVie Inc. compare 73.7%
PFE Pfizer Inc. compare 73.4%
MRK Merck & Co., Inc. compare 71.8%
AMGN Amgen Inc. compare 70.9%
JNJ Johnson & Johnson compare 67.6%
Drug Manufacturers General industry median 73.0%
Healthcare sector median 53.9%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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