Elanco Animal Health (ELAN) Gross Margin (2017 - 2026)
Elanco Animal Health's Gross Margin was 58.33% in Q2 2026, up 0.88 percentage points from 57.45% a year earlier and up 1.08 percentage points from the prior quarter.
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Analysis
Elanco Animal Health (ELAN) Gross Margin (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Elanco Animal Health's Gross Margin was 55.36% through Jun 30, 2026, up 0.63 percentage points year-over-year; for FY2025, it came in at 54.99%, up 0.12 percentage points from FY2024.
- Gross Margin shows a five-year change of +5.96 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 54.88% in FY2024 (-1.41 pp), 56.28% in FY2023 (-0.35 pp), 56.63% in FY2022 (+1.38 pp) and 55.25% in FY2021 (+6.21 pp).
- The Q2 2026 figure marks the highest quarterly Gross Margin since Q2 2023.
- Compared with a year earlier, Gross Margin was higher in five of the last eight quarters, with an average year-over-year change of +0.06 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q4 2021 (a gain of 6.45 percentage points); the worst was Q4 2023 (a drop of 4.37 percentage points).
- Per Business Quant data, ELAN's Gross Margin in the three quarters before Q2 2026 was 57.26% (Q1 2026), 51.49% (Q4 2025) and 53.39% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,199.50 Bn | 1,168.08 Bn | 19.71 Bn | 85.78% |
| 2 | Johnson & Johnson | 635.17 Bn | 555.03 Bn | 17.30 Bn | 68.12% |
| 3 | AbbVie | 504.69 Bn | 477.85 Bn | 12.70 Bn | 74.74% |
| 4 | Merck | 358.43 Bn | 312.86 Bn | 12.21 Bn | 73.54% |
| 5 | Novartis Ag | 288.36 Bn | 252.75 Bn | 11.24 Bn | 78.02% |
| 6 | Astrazeneca | 265.78 Bn | 239.54 Bn | 12.86 Bn | 83.60% |
| 7 | Amgen | 237.46 Bn | 192.86 Bn | 7.24 Bn | 72.04% |
| 8 | Gilead Sciences | 193.65 Bn | 167.76 Bn | 6.22 Bn | 79.76% |
| 9 | Pfizer | 171.05 Bn | 118.00 Bn | 10.94 Bn | 72.78% |
| 10 | Elanco Animal Health | 11.24 Bn | 9.24 Bn | 798.00 Mn | 58.33% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 58.33% |
| Mar 31, 2026 | 57.26% |
| Dec 31, 2025 | 51.49% |
| Sep 30, 2025 | 53.39% |
| Jun 30, 2025 | 57.45% |
| Mar 31, 2025 | 57.33% |
| Dec 31, 2024 | 50.88% |
| Sep 30, 2024 | 52.23% |
| Jun 30, 2024 | 58.19% |
| Mar 31, 2024 | 57.26% |
| Dec 31, 2023 | 50.14% |
| Sep 30, 2023 | 54.40% |
| Jun 30, 2023 | 58.94% |
| Mar 31, 2023 | 60.70% |
| Dec 31, 2022 | 54.52% |
| Sep 30, 2022 | 54.00% |
| Jun 30, 2022 | 58.81% |
| Mar 31, 2022 | 58.48% |
| Dec 31, 2021 | 54.14% |
| Sep 30, 2021 | 55.61% |
API Access
Elanco Animal Health Gross 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=gross-margin&ticker=ELAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-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=gross-margin&ticker=ELAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();