ELANElanco Animal Health Incorporated

$25.07

Is the business good?

How good a business is ELAN?

Elanco Animal Health Incorporated keeps −4.0% of every revenue dollar as profit after everything, against 6.3% for the median Drug Manufacturers - Specialty & Generic name.

−4.0%

Net margin · Drug Manufacturers - Specialty & Generic median 6.3% · 12 months to Q2 2026

Share count, year on year
+1.2%

Share count, year on year · shareholders own a smaller slice than a year ago

R&D as % of revenue
7.4%

R&D as % of revenue

Gross margin
55%

Gross margin

Operating margin by fiscal year
YearOperating margin
FY2020−21%
FY2021−12%
FY2022−1.6%
FY2023−27%
FY202411%
Details
Gross margin12 months to Q2 2026
55%
Net margin12 months to Q2 2026
−4.0%
Free cash flow margin
7.5%
R&D as % of revenue
7.4%
Revenue, trailing twelve months
$5.02B
Free cash flow, trailing twelve months
$379M
Net income, trailing twelve months
−$199M

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.