Elanco Animal Health (ELAN) Debt Ratio (2018 - 2026)
Elanco Animal Health's (ELAN) quarterly Debt Ratio came in at 0.29 in Q2 2026, down 5.67% year-over-year from 0.31 in Q2 2025, and down 4.28% quarter-over-quarter from 0.3 in Q1 2026.
Analysis
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 0.29 for Q2 2026.
- In Q2 2026, Debt Ratio fell 5.67% year-over-year to 0.29; the TTM figure through Jun 2026 stood at 0.29 (down 5.67% YoY), while the FY2025 annual figure was 0.3, down 13.1% from the prior year.
- Debt Ratio came in at 0.29 for Q2 2026 at Elanco Animal Health, down from 0.3 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.42 in Q3 2022 to a low of 0.29 in Q2 2026.
- Average Debt Ratio over 5 years is 0.36, with a median of 0.36 recorded in 2024.
- Year-over-year, Debt Ratio gained 9.08% in 2022 and slipped 20.1% in 2024.
- Over 5 years, Debt Ratio stood at 0.4 in 2022, then climbed by 0.72% to 0.4 in 2023, then decreased by 14.49% to 0.35 in 2024, then decreased by 13.1% to 0.3 in 2025, then slipped by 3.92% to 0.29 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.29 in Q2 2026, 0.3 in Q1 2026, and 0.3 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Idexx Laboratories | 39.99 Bn | 39.79 Bn | 779.09 Mn | 0.24 |
| 2 | Zoetis | 30.50 Bn | 28.83 Bn | 1.05 Bn | 0.60 |
| 3 | Elanco Animal Health | 11.44 Bn | 10.91 Bn | 798.00 Mn | 0.29 |
| 4 | Phibro Animal Health | 1.48 Bn | 1.40 Bn | 134.40 Mn | 0.41 |
| 5 | Immucell | 89.38 Mn | 80.52 Mn | 2.44 Mn | 0.21 |
| 6 | Zhengye Biotechnology Holding | 74.34 Mn | 67.24 Mn | - | 0.17 |
| 7 | Global Innovative Platforms | 24.88 Mn | 24.63 Mn | - | 0.02 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.29 |
| 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 | 0.35 |
| Sep 30, 2024 | 0.33 |
| Jun 30, 2024 | 0.33 |
| Mar 31, 2024 | 0.41 |
| Dec 31, 2023 | 0.40 |
| Sep 30, 2023 | 0.41 |
| Jun 30, 2023 | 0.39 |
| Mar 31, 2023 | 0.41 |
| Dec 31, 2022 | 0.40 |
| Sep 30, 2022 | 0.42 |
| Jun 30, 2022 | 0.39 |
| Mar 31, 2022 | 0.38 |
| Dec 31, 2021 | 0.40 |
| Sep 30, 2021 | 0.39 |