ELAN - Elanco Animal Health Incorporated
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$28.67
DETAILS
HIGH:
$30.00
LOW:
$23.00
MEDIAN:
$30.00
CONSENSUS:
$28.67
UPSIDE:
31.94%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||
| Revenue | 4,715 | 4,439 | 4,417 | 4,411 | 4,764 | 3,273.3 | 3,071 | 3,066.8 | 2,889 | 2,913.5 | 2,909.1 |
| Cost of Revenue | 2,665 | 2,530 | 2,479 | 2,441 | 2,688 | 2,026.5 | 1,670.7 | 1,771.2 | 1,715.1 | 1,579.7 | 1,696.7 |
| Gross Profit | 2,050 | 1,909 | 1,938 | 1,970 | 2,076 | 1,246.8 | 1,400.3 | 1,295.6 | 1,173.9 | 1,333.8 | 1,212.4 |
| Operating Expenses | |||||||||||
| R&D Expenses | 368 | 344 | 327 | 321 | 369 | 327 | 270.1 | 246.6 | 251.7 | 265.8 | 291 |
| SG&A Expenses | 1,430 | 1,314 | 1,285 | 1,265 | 1,403 | 996.6 | 760.2 | 735.2 | 779.8 | 784.8 | 916 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 1,798 | 1,658 | 1,612 | 1,586 | 1,772 | 1,323.6 | 1,030.3 | 981.8 | 1,031.5 | 1,050.6 | 1,207 |
| Operating Income | |||||||||||
| Operating Income | 252 | 251 | 326 | 384 | 304 | (76.8) | 370 | 313.8 | 142.4 | 283.2 | 5.4 |
| Interest Expense | 220 | 339 | 277 | 256 | 264 | 156 | 78.9 | 29.6 | 0 | 0 | 0 |
| Interest Income | 45 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||
| EBITDA | 676 | 1,489 | (224) | 866 | 409 | 0.9 | 471.6 | 439.7 | 85.8 | 232 | (22.6) |
| EBIT | (4) | 827 | (918) | 184 | (307) | (516.0) | 157.1 | 143.7 | (232.6) | (22.4) | (259.5) |
| Income Before Tax | (224) | 488 | (1,195) | (72) | (571) | (672) | 78.2 | 114.1 | (232.6) | (22.4) | (259.5) |
| Income Tax Expense | 8 | 150 | 36 | 6 | (88) | (111.9) | 10.3 | 27.6 | 78.1 | 25.5 | (48.7) |
| Net Income | (232) | 338 | (1,231) | (78) | (483) | (560.1) | 67.9 | 86.5 | (310.7) | (47.9) | (210.8) |
| Per Share Data | |||||||||||
| EPS (Basic) | -0.47 | 0.68 | -2.50 | -0.15 | -0.97 | -1.27 | 0.18 | 0.28 | -0.87 | -0.13 | -0.59 |
| EPS (Diluted) | -0.47 | 0.68 | -2.50 | -0.15 | -0.97 | -1.27 | 0.18 | 0.28 | -0.87 | -0.13 | -0.59 |
| Shares Outstanding | 496.4 | 494 | 492.3 | 488.3 | 487.2 | 441.4 | 369 | 313.7 | 356.2 | 356.2 | 356.2 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 545 | 468 | 352 | 345 | 638 | 495 | 334 | 474.8 | 323.4 | 258.8 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 940 | 886 | 1,010 | 1,002 | 1,028 | 1,077 | 889.9 | 709.4 | 601.9 | 630.7 |
| Inventory | 1,737 | 1,574 | 1,735 | 1,538 | 1,371 | 1,578 | 1,050.7 | 1,004.1 | 1,062.3 | 875.6 |
| Other Current Assets | 236 | 287 | 310 | 394 | 0 | 11 | 11.1 | 202.7 | 0 | 0 |
| Total Current Assets | 3,458 | 3,215 | 3,407 | 3,279 | 3,274 | 3,417 | 2,373.1 | 2,504.9 | 2,123.7 | 1,947.4 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 1,409 | 993 | 1,026 | 999 | 1,055 | 1,316 | 955.3 | 922.4 | 920.3 | 741.8 |
| Goodwill | 4,779 | 4,414 | 5,094 | 5,993 | 6,172 | 6,225 | 2,989.6 | 2,958 | 2,969.2 | 2,576.5 |
| Intangible Assets | 3,408 | 3,681 | 4,494 | 4,842 | 5,587 | 6,387 | 2,482.8 | 2,453 | 2,672.8 | 2,621 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15.3 | 12.3 | 9 |
| Other Non-Current Assets | 304 | 311 | 341 | 378 | 390 | 348 | 185 | 103.1 | 242 | 204 |
| Total Non-Current Assets | 9,900 | 9,399 | 10,955 | 12,212 | 13,204 | 14,276 | 6,612.7 | 6,451.8 | 6,816.6 | 6,152.3 |
| Total Assets | 13,358 | 12,614 | 14,362 | 15,491 | 16,478 | 17,693 | 8,985.8 | 8,956.7 | 8,940.3 | 8,099.7 |
| Current Liabilities | ||||||||||
| Account Payables | 368 | 296 | 270 | 390 | 416 | 501 | 222.6 | 205.2 | 203.8 | 228.2 |
| Short-Term Debt | 74 | 44 | 38 | 388 | 294 | 555 | 24.5 | 29 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 367.6 | 0 | 0 |
| Other Current Liabilities | 1,155 | 975 | 933 | 924 | 937 | 1,021 | 555 | 736.5 | 169.2 | 307.5 |
| Total Current Liabilities | 1,597 | 1,315 | 1,241 | 1,702 | 1,647 | 2,077 | 818.5 | 970.7 | 632.6 | 618.9 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 3,943 | 4,277 | 5,736 | 5,448 | 6,025 | 5,572 | 2,330.5 | 2,443.3 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 449 | 567 | 662 | 765 | 900 | 100.8 | 114.6 | 251.9 | 227.5 |
| Other Non-Current Liabilities | 1,271 | 477 | 595 | 390 | 533 | 668 | 189.1 | 230.6 | 265 | 225.4 |
| Total Non-Current Liabilities | 5,214 | 5,203 | 6,898 | 6,500 | 7,323 | 7,140 | 2,620.4 | 2,788.5 | 516.9 | 452.9 |
| Total Liabilities | 6,811 | 6,518 | 8,139 | 8,202 | 8,970 | 9,217 | 3,438.9 | 3,759.2 | 1,149.5 | 1,071.8 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,047.4 | 7,484.8 |
| Retained Earnings | (2,182) | (1,950) | (2,288) | (1,057) | (979) | (477) | 84.3 | 16.4 | 0 | 0 |
| Accumulated Other Comprehensive Income | (141) | (771) | (266) | (392) | (209) | 303 | (173.7) | (222.2) | (256.6) | (456.9) |
| Total Stockholders' Equity | 6,547 | 6,096 | 6,223 | 7,289 | 7,508 | 8,476 | 5,546.9 | 5,197.5 | 7,790.8 | 7,027.9 |
| Total Liabilities & Equity | 13,358 | 12,614 | 14,362 | 15,491 | 16,478 | 17,693 | 8,985.8 | 8,956.7 | 8,940.3 | 8,099.7 |
| Debt Metrics | ||||||||||
| Total Debt | 4,017 | 4,321 | 5,774 | 5,836 | 6,319 | 6,127 | 2,355 | 2,472.3 | 0 | 0 |
| Net Debt | 3,472 | 3,853 | 5,422 | 5,491 | 5,681 | 5,632 | 2,021 | 1,997.5 | (323.4) | (258.8) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | (232) | 338 | (1,231) | (78) | (472) | (574) | 67.9 | 86.5 | (310.7) | (47.9) |
| Depreciation & Amortization | 680 | 662 | 694 | 682 | 716 | 517 | 314.5 | 296 | 318.4 | 254.4 |
| Stock-Based Compensation | 68 | 55 | 46 | 59 | 66 | 47 | 49.4 | 26 | 25 | 20.4 |
| Change in Working Capital | 99 | 149 | (300) | (462) | (87) | 169 | (227.7) | (29.2) | 53.5 | (169.4) |
| Other Non-Cash Items | 79 | (551) | 1,142 | 308 | 414 | (86) | 19.9 | 168.7 | 101 | 104.3 |
| Operating Cash Flow | 560 | 541 | 271 | 452 | 483 | (41) | 224.1 | 487.3 | 173.8 | 155.9 |
| Investing Activities | ||||||||||
| Capital Expenditure | (276) | (147) | (154) | (184) | (197) | (310.9) | (197.4) | (134.5) | (98.6) | (110.3) |
| Acquisitions | 0 | 1,319 | (19) | 13 | (342) | (4,566.6) | (32.8) | 9.4 | (882.1) | (45) |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | (103.6) | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 32.7 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (3) | (14) | (10) | (8) | 9 | 169.2 | (4.6) | (1.9) | 16.1 | (26.8) |
| Investing Cash Flow | (279) | 1,158 | (169) | (179) | (530) | (4,779.2) | (234.8) | (127) | (964.6) | (182.1) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (563) | (1,475) | (77) | (517) | 177 | 3,852 | (121) | 2,492.5 | 0 | 0 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 288 | (17) | (6) | (32) | 33 | (118.1) | (183.8) | (4,187.4) | 847.5 | (149.6) |
| Financing Cash Flow | (275) | (1,492) | (83) | (549) | 210 | 4,953.9 | (304.8) | (35.2) | 847.5 | (149.6) |
| Cash Position | ||||||||||
| Net Change in Cash | 77 | 116 | 7 | (293) | 132 | 160.3 | (332.4) | 354.1 | 64.6 | (201.8) |
| Cash at Beginning | 468 | 352 | 345 | 638 | 506 | 345.1 | 677.5 | 323.4 | 258.8 | 460.6 |
| Cash at End | 545 | 468 | 352 | 345 | 638 | 505.4 | 345.1 | 677.5 | 323.4 | 258.8 |
| Free Cash Flow | 284 | 394 | 117 | 268 | 286 | (351.9) | 26.7 | 352.8 | 75.2 | 45.6 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 4,715 | 4,439 | 4,417 | 4,411 | 4,764 | 3,273.3 | 3,071 | 3,066.8 | 2,889 | 2,913.5 | 2,909.1 |
| Gross Profit | 2,050 | 1,909 | 1,938 | 1,970 | 2,076 | 1,246.8 | 1,400.3 | 1,295.6 | 1,173.9 | 1,333.8 | 1,212.4 |
| Operating Income | 252 | 251 | 326 | 384 | 304 | (76.8) | 370 | 313.8 | 142.4 | 283.2 | 5.4 |
| Net Income | (232) | 338 | (1,231) | (78) | (483) | (560.1) | 67.9 | 86.5 | (310.7) | (47.9) | (210.8) |
| EPS (Diluted) | -0.47 | 0.68 | -2.50 | -0.15 | -0.97 | -1.27 | 0.18 | 0.28 | -0.87 | -0.13 | -0.59 |
| Balance Sheet | |||||||||||
| Cash & Equivalents | 545 | 468 | 352 | 345 | 638 | 495 | 334 | 474.8 | 323.4 | 258.8 | |
| Total Assets | 13,358 | 12,614 | 14,362 | 15,491 | 16,478 | 17,693 | 8,985.8 | 8,956.7 | 8,940.3 | 8,099.7 | |
| Total Debt | 4,017 | 4,321 | 5,774 | 5,836 | 6,319 | 6,127 | 2,355 | 2,472.3 | 0 | 0 | |
| Stockholders' Equity | 6,547 | 6,096 | 6,223 | 7,289 | 7,508 | 8,476 | 5,546.9 | 5,197.5 | 7,790.8 | 7,027.9 | |
| Cash Flow | |||||||||||
| Operating Cash Flow | 560 | 541 | 271 | 452 | 483 | (41) | 224.1 | 487.3 | 173.8 | 155.9 | |
| Capital Expenditure | (276) | (147) | (154) | (184) | (197) | (310.9) | (197.4) | (134.5) | (98.6) | (110.3) | |
| Free Cash Flow | 284 | 394 | 117 | 268 | 286 | (351.9) | 26.7 | 352.8 | 75.2 | 45.6 | |