Elanco Animal Health (ELAN) Asset Utilization Ratio (2018 - 2026)
Elanco Animal Health's (ELAN) Asset Utilization Ratio was 0.37 for Q2 2026, up 11.5% from 0.34 a year earlier and up 1.8% from the prior quarter.
Powered by 
Analysis
Elanco Animal Health (ELAN) Asset Utilization Ratio (2018 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Elanco Animal Health was 0.36, up 10.3% from FY2024.
- Asset Utilization Ratio has increased for three consecutive years.
- By year, Asset Utilization Ratio came in at 0.33 in FY2024 (+11.2%), 0.30 in FY2023 (+7.2%), 0.28 in FY2022 (-1.0%) and 0.28 in FY2021 (+13.7%).
- The Q2 2026 figure ranks as the highest quarterly Asset Utilization Ratio in data going back to Q4 2018.
- Year over year, Asset Utilization Ratio has now increased in each of the last 11 quarters, with growth averaging 8.0% over the last eight quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was Q4 2021 (growth of 53.8%); the low point was Q2 2023 (a decline of 6.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.37 (Q1 2026), 0.35 (Q4 2025) and 0.34 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,136.97 Bn | 1,105.55 Bn | 19.71 Bn | 0.62 |
| 2 | Johnson & Johnson | 619.72 Bn | 538.25 Bn | 17.26 Bn | 0.49 |
| 3 | AbbVie | 503.40 Bn | 476.52 Bn | 12.70 Bn | 0.47 |
| 4 | Merck | 370.15 Bn | 324.53 Bn | 12.21 Bn | 0.52 |
| 5 | Novartis Ag | 298.64 Bn | 262.63 Bn | 11.24 Bn | 0.46 |
| 6 | Astrazeneca | 261.07 Bn | 234.76 Bn | 12.86 Bn | 0.51 |
| 7 | Amgen | 237.00 Bn | 192.40 Bn | 7.24 Bn | 0.40 |
| 8 | Gilead Sciences | 191.24 Bn | 165.43 Bn | 6.22 Bn | 0.58 |
| 9 | Pfizer | 170.31 Bn | 116.96 Bn | 10.94 Bn | 0.31 |
| 10 | Elanco Animal Health | 11.26 Bn | 9.25 Bn | 798.00 Mn | 0.37 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.37 |
| Mar 31, 2026 | 0.37 |
| Dec 31, 2025 | 0.35 |
| Sep 30, 2025 | 0.34 |
| Jun 30, 2025 | 0.34 |
| Mar 31, 2025 | 0.35 |
| Dec 31, 2024 | 0.34 |
| Sep 30, 2024 | 0.33 |
| Jun 30, 2024 | 0.32 |
| Mar 31, 2024 | 0.31 |
| Dec 31, 2023 | 0.31 |
| Sep 30, 2023 | 0.29 |
| Jun 30, 2023 | 0.27 |
| Mar 31, 2023 | 0.28 |
| Dec 31, 2022 | 0.29 |
| Sep 30, 2022 | 0.30 |
| Jun 30, 2022 | 0.29 |
| Mar 31, 2022 | 0.29 |
| Dec 31, 2021 | 0.29 |
| Sep 30, 2021 | 0.29 |
API Access
Elanco Animal Health Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=ELAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "ELAN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=ELAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();