Elanco Animal Health (ELAN) Free Cash Flow (2017 - 2026)
Elanco Animal Health (ELAN) posted Free Cash Flow of $244 million for Q2 2026, up 35.6% from $180 million a year earlier.
Elanco Animal Health (ELAN) Free Cash Flow (2017 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Free Cash Flow at Elanco Animal Health was $379 million, up 5.0% year-over-year; for FY2025, it came in at $284 million, down 27.9% from FY2024.
- In prior years, Elanco Animal Health's Free Cash Flow was $394 million in FY2024 (+200.8%), $131 million in FY2023 (-53.4%), $281 million in FY2022 (-13.3%) and $324 million in FY2021.
- The Q2 2026 figure stands as the highest quarterly Free Cash Flow since Q2 2022.
- On a year-over-year basis, Free Cash Flow increased in four of the last six quarters, with an average decline of 5.0%.
- The strongest year-over-year quarter for Free Cash Flow in the past five years was Q2 2024, with growth of 773.7%; the weakest was Q2 2023, with a decline of 93.0%.
- According to Business Quant data, Free Cash Flow for the three prior quarters was -$38 million (Q1 2026), $46 million (Q4 2025) and $127 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 7.30 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 3.11 Bn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | 4.48 Bn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | 6.20 Bn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | 5.34 Bn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 3.49 Bn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | 3.43 Bn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | 302.00 Mn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 1.01 Bn |
| 10 | Elanco Animal Health | 11.18 Bn | 9.18 Bn | 798.00 Mn | 244.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 244.00 Mn |
| Mar 31, 2026 | -38.00 Mn |
| Dec 31, 2025 | 46.00 Mn |
| Sep 30, 2025 | 127.00 Mn |
| Jun 30, 2025 | 180.00 Mn |
| Mar 31, 2025 | -69.00 Mn |
| Dec 31, 2024 | 130.00 Mn |
| Sep 30, 2024 | 120.00 Mn |
| Jun 30, 2024 | 166.00 Mn |
| Mar 31, 2024 | -22.00 Mn |
| Dec 31, 2023 | 116.00 Mn |
| Sep 30, 2023 | 165.00 Mn |
| Jun 30, 2023 | 19.00 Mn |
| Mar 31, 2023 | -169.00 Mn |
| Dec 31, 2022 | -64.00 Mn |
| Sep 30, 2022 | 153.00 Mn |
| Jun 30, 2022 | 273.00 Mn |
| Mar 31, 2022 | -81.00 Mn |
| Dec 31, 2021 | 124.00 Mn |
| Sep 30, 2021 | 64.00 Mn |
Elanco Animal Health Free Cash Flow 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=free-cash-flow&ticker=ELAN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=ELAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();