Elanco Animal Health (ELAN) Shares Outstanding (Diluted) (2017 - 2026)
Elanco Animal Health (ELAN) posted Shares Outstanding (Diluted) of 505.9 million for Q2 2026, up 1.2% from 500.1 million a year earlier and unchanged from the prior quarter.
Elanco Animal Health (ELAN) Shares Outstanding (Diluted) (2017 - 2026) Analysis & Trends
For FY2025, Elanco Animal Health's Shares Outstanding (Diluted) came in at 496.4 million, down 0.2% from FY2024.
- Annual Shares Outstanding (Diluted) shows a five-year compound annual growth rate of 2.4% (FY2020 to FY2025).
- In prior years, Elanco Animal Health's Shares Outstanding (Diluted) was 497.3 million in FY2024 (+1.0%), 492.3 million in FY2023 (+0.8%), 488.3 million in FY2022 (+0.2%) and 487.2 million in FY2021 (+10.4%).
- Quarterly Shares Outstanding (Diluted) has run from a low of 487.2 million in Q4 2021 to a high of 506 million in Q1 2026 over five years.
- On a year-over-year basis, Shares Outstanding (Diluted) increased in six of the last eight quarters, with growth averaging 0.8%.
- The strongest year-over-year quarter for Shares Outstanding (Diluted) in the past five years was Q4 2021, with growth of 10.4%; the weakest was Q4 2025, with a decline of 0.2%.
- According to Business Quant data, Shares Outstanding (Diluted) for the three prior quarters was 506 million (Q1 2026), 496.4 million (Q4 2025) and 496.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,082.65 Bn | 1,051.23 Bn | 19.71 Bn | 893.70 Mn |
| 2 | Johnson & Johnson | 623.68 Bn | 542.21 Bn | 17.26 Bn | 2.44 Bn |
| 3 | AbbVie | 459.43 Bn | 432.59 Bn | 12.70 Bn | 1.77 Bn |
| 4 | Merck | 354.80 Bn | 309.23 Bn | 12.21 Bn | 2.47 Bn |
| 5 | Novartis Ag | 269.16 Bn | 225.03 Bn | 11.24 Bn | 1.96 Bn |
| 6 | Astrazeneca | 244.40 Bn | 217.97 Bn | 12.86 Bn | 1.56 Bn |
| 7 | Amgen | 220.17 Bn | 175.57 Bn | 7.24 Bn | 544.00 Mn |
| 8 | Gilead Sciences | 183.05 Bn | 157.16 Bn | 6.22 Bn | 1.24 Bn |
| 9 | Pfizer | 160.27 Bn | 107.22 Bn | 10.94 Bn | 5.70 Bn |
| 10 | Elanco Animal Health | 10.89 Bn | 8.88 Bn | 798.00 Mn | 505.90 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 505.90 Mn |
| Mar 31, 2026 | 506.00 Mn |
| Dec 31, 2025 | 496.40 Mn |
| Sep 30, 2025 | 496.80 Mn |
| Jun 30, 2025 | 500.10 Mn |
| Mar 31, 2025 | 499.10 Mn |
| Dec 31, 2024 | 497.30 Mn |
| Sep 30, 2024 | 497.70 Mn |
| Jun 30, 2024 | 494.20 Mn |
| Mar 31, 2024 | 496.00 Mn |
| Dec 31, 2023 | 492.30 Mn |
| Sep 30, 2023 | 492.70 Mn |
| Jun 30, 2023 | 492.60 Mn |
| Mar 31, 2023 | 492.80 Mn |
| Dec 31, 2022 | 488.30 Mn |
| Sep 30, 2022 | 488.40 Mn |
| Jun 30, 2022 | 488.40 Mn |
| Mar 31, 2022 | 492.20 Mn |
| Dec 31, 2021 | 487.20 Mn |
| Sep 30, 2021 | 487.30 Mn |
Elanco Animal Health Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=ELAN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=ELAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();