Elanco Animal Health (ELAN) Intangibles (2017 - 2026)
Elanco Animal Health's Intangibles was $3.2 billion in Q2 2026, down 13.5% from $3.71 billion a year earlier and down 0.7% from the prior quarter.
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Analysis
Elanco Animal Health (ELAN) Intangibles (2017 - 2026) Analysis & Trends
At the end of FY2025, Intangibles at Elanco Animal Health came in at $3.41 billion, down 7.4% from FY2024.
- Intangibles has now declined for five consecutive years, with a five-year compound annual growth rate of -11.8% (FY2020 to FY2025).
- In earlier years, Intangibles was $3.68 billion in FY2024 (-18.1%), $4.49 billion in FY2023 (-7.2%), $4.84 billion in FY2022 (-13.3%) and $5.59 billion in FY2021 (-12.5%).
- The Q2 2026 figure marks the lowest quarterly Intangibles since Q2 2020.
- Compared with a year earlier, Intangibles has declined for 19 straight quarters, with an average decline of 11.5% over the last eight quarters.
- The best year-over-year quarter for Intangibles over five years was Q3 2021 (growth of 0.5%); the worst was Q4 2024 (a decline of 18.1%).
- Per Business Quant data, ELAN's Intangibles in the three quarters before Q2 2026 was $3.23 billion (Q1 2026), $3.41 billion (Q4 2025) and $3.6 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 48.23 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 49.14 Bn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | 24.98 Bn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | 42.07 Bn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | 37.72 Bn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 20.49 Bn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | 14.03 Bn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | 47.05 Bn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 412.80 Mn |
| 10 | Elanco Animal Health | 11.18 Bn | 9.18 Bn | 798.00 Mn | 3.20 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.20 Bn |
| Mar 31, 2026 | 3.23 Bn |
| Dec 31, 2025 | 3.41 Bn |
| Sep 30, 2025 | 3.60 Bn |
| Jun 30, 2025 | 3.71 Bn |
| Mar 31, 2025 | 3.63 Bn |
| Dec 31, 2024 | 3.68 Bn |
| Sep 30, 2024 | 4.01 Bn |
| Jun 30, 2024 | 4.00 Bn |
| Mar 31, 2024 | 4.20 Bn |
| Dec 31, 2023 | 4.49 Bn |
| Sep 30, 2023 | 4.48 Bn |
| Jun 30, 2023 | 4.68 Bn |
| Mar 31, 2023 | 4.79 Bn |
| Dec 31, 2022 | 4.84 Bn |
| Sep 30, 2022 | 4.77 Bn |
| Jun 30, 2022 | 5.06 Bn |
| Mar 31, 2022 | 5.40 Bn |
| Dec 31, 2021 | 5.59 Bn |
| Sep 30, 2021 | 5.82 Bn |
API Access
Elanco Animal Health Intangibles 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=intangibles&ticker=ELAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=ELAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();