Elanco Animal Health (ELAN) Debt Ratio (2018 - 2026)

Elanco Animal Health's (ELAN) quarterly Debt Ratio came in at 0.3 in Q1 2026, down 11.12% year-on-year from 0.34 in Q1 2025, and little changed quarter-over-quarter from 0.3 in Q4 2025.

Elanco Animal Health (ELAN) Debt Ratio (2018 - 2026) Analysis & Trends

Elanco Animal Health has disclosed Debt Ratio across 9 years of filings, most recently posting 0.3 for Q1 2026.

  • Debt Ratio for Q1 2026 came in at 0.3, down 11.12% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.3 (down 11.12% YoY), and the FY2025 annual result was 0.3, down 12.21% from the prior year.
  • Debt Ratio came in at 0.3 for Q1 2026 at Elanco Animal Health, roughly flat from 0.3 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.41 in Q2 2024 to a low of 0.3 in Q3 2025.
  • The 5-year median for Debt Ratio is 0.38 (2022), against an average of 0.36.
  • Across the five-year window, Debt Ratio increased 7.72% in 2024 and retreated 25.73% in 2025, its largest moves.
  • Elanco Animal Health's Debt Ratio stood at 0.38 in 2022, then rose by 6.72% to 0.4 in 2023, then slipped by 14.79% to 0.34 in 2024, then slipped by 12.21% to 0.3 in 2025, then increased by 0.37% to 0.3 in 2026.
  • The last three Debt Ratio figures came in at 0.3 (Q1 2026), 0.3 (Q4 2025), and 0.3 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Teva Pharmaceutical Industries 38.34 Bn 34.60 Bn 1.97 Bn 0.42
2 Zoetis 33.27 Bn 31.33 Bn 1.62 Bn 0.60
3 United Therapeutics 23.75 Bn 21.60 Bn 648.10 Mn -
4 Aurora Cannabis 17.11 Bn 17.03 Bn 33.43 Mn 0.01
5 Neurocrine Biosciences 16.37 Bn 15.05 Bn 800.70 Mn -
6 Elanco Animal Health 11.78 Bn 11.35 Bn 785.00 Mn 0.30
7 Alkermes 7.05 Bn 6.54 Bn -116.06 Mn 0.35
8 Lantheus Holdings 6.49 Bn 5.99 Bn 230.92 Mn 0.24
9 Hims & Hers Health 6.19 Bn 5.44 Bn 396.79 Mn -
10 Liquidia 5.63 Bn 5.40 Bn 121.79 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 0.30
Dec 31, 2025 0.30
Sep 30, 2025 0.30
Jun 30, 2025 0.31
Mar 31, 2025 0.34
Dec 31, 2024 0.34
Sep 30, 2024 0.33
Jun 30, 2024 0.41
Mar 31, 2024 0.41
Dec 31, 2023 0.40
Sep 30, 2023 0.41
Jun 30, 2023 0.38
Mar 31, 2023 0.38
Dec 31, 2022 0.38
Sep 30, 2022 0.39
Jun 30, 2022 0.39
Mar 31, 2022 0.38
Dec 31, 2021 0.38
Sep 30, 2021 0.38
Jun 30, 2021 0.36