Elanco Animal Health (ELAN) FCF Margin (2017 - 2026)
Elanco Animal Health (ELAN) reported FCF Margin of 17.84% for Q2 2026, up 3.33 percentage points from 14.50% a year earlier and up 20.61 percentage points from the prior quarter.
Elanco Animal Health (ELAN) FCF Margin (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Elanco Animal Health's FCF Margin came in at 7.55%, down 0.50 percentage points year-over-year; for FY2025, it was 6.02%, down 2.85 percentage points from FY2024.
- FCF Margin has a five-year change of +11.40 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at 8.88% in FY2024 (+5.91 pp), 2.97% in FY2023 (-3.40 pp), 6.37% in FY2022 (-0.43 pp) and 6.80% in FY2021 (+12.18 pp).
- The Q2 2026 figure ranks as the highest quarterly FCF Margin since Q2 2022.
- Year over year, FCF Margin gained in four of the last eight quarters, with an average year-over-year change of -1.07 percentage points.
- The high point for year-over-year FCF Margin in five years was Q4 2021 (a gain of 29.75 percentage points); the low point was Q2 2023 (a drop of 21.44 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -2.77% (Q1 2026), 4.02% (Q4 2025) and 11.17% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 28.82% |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 18.33% |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 26.96% |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | 43.05% |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | 34.72% |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 34.70% |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 44.00% |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 2.01% |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 30.39% |
| 10 | Elanco Animal Health | 11.21 Bn | 9.20 Bn | 798.00 Mn | 17.84% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.84% |
| Mar 31, 2026 | -2.77% |
| Dec 31, 2025 | 4.02% |
| Sep 30, 2025 | 11.17% |
| Jun 30, 2025 | 14.50% |
| Mar 31, 2025 | -5.78% |
| Dec 31, 2024 | 12.75% |
| Sep 30, 2024 | 11.65% |
| Jun 30, 2024 | 14.02% |
| Mar 31, 2024 | -1.83% |
| Dec 31, 2023 | 11.21% |
| Sep 30, 2023 | 15.45% |
| Jun 30, 2023 | 1.80% |
| Mar 31, 2023 | -13.44% |
| Dec 31, 2022 | -6.50% |
| Sep 30, 2022 | 14.91% |
| Jun 30, 2022 | 23.23% |
| Mar 31, 2022 | -6.61% |
| Dec 31, 2021 | 11.15% |
| Sep 30, 2021 | 5.66% |
Elanco Animal Health FCF Margin 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=fcf-margin&ticker=ELAN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=ELAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();