Elanco Animal Health (ELAN) Tax Rate (2017 - 2026)
Elanco Animal Health's (ELAN) quarterly Tax Rate came in at 3.57% in Q2 2026, down 5243.0% year-over-year from 0.07% in Q2 2025, and down 89.64% quarter-over-quarter from 34.48% in Q1 2026.
Analysis
Elanco Animal Health (ELAN) Tax Rate (2017 - 2026) Analysis & Trends
Elanco Animal Health has disclosed Tax Rate across 10 years of filings, most recently posting 3.57% for Q2 2026.
- In Q2 2026, Tax Rate fell 5243.0% year-over-year to 3.57%; the TTM figure through Jun 2026 stood at 19.88% (down 4669.0% YoY), while the FY2025 annual figure was 3.57%, down 3431.0% from the prior year.
- Tax Rate came in at 3.57% for Q2 2026 at Elanco Animal Health, down from 34.48% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 84.31% in Q4 2024 to a low of 166.67% in Q1 2024.
- Average Tax Rate over 5 years is 1.51%, with a median of 4.1% recorded in 2026.
- Year-over-year, Tax Rate sank 17130 bps in 2024 and soared 15500 bps in 2025.
- Over 5 years, Tax Rate stood at 39.33% in 2022, then slumped by 128 bps to 11.02% in 2023, then jumped by 865 bps to 84.31% in 2024, then tumbled by 108 bps to 6.56% in 2025, then surged by 154 bps to 3.57% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 3.57% in Q2 2026, 34.48% in Q1 2026, and 6.56% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Idexx Laboratories | 40.71 Bn | 40.52 Bn | 779.09 Mn | 18.89% |
| 2 | Zoetis | 30.68 Bn | 29.01 Bn | 1.05 Bn | - |
| 3 | Elanco Animal Health | 11.86 Bn | 11.33 Bn | 798.00 Mn | 3.57% |
| 4 | Phibro Animal Health | 1.49 Bn | 1.41 Bn | 134.40 Mn | 32.87% |
| 5 | Immucell | 89.92 Mn | 81.06 Mn | 2.44 Mn | 2.44% |
| 6 | Zhengye Biotechnology Holding | 75.76 Mn | 68.66 Mn | - | - |
| 7 | Global Innovative Platforms | 24.88 Mn | 24.63 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.57% |
| Mar 31, 2026 | 34.48% |
| Dec 31, 2025 | -6.56% |
| Sep 30, 2025 | 32.00% |
| Jun 30, 2025 | 56.00% |
| Mar 31, 2025 | -11.67% |
| Dec 31, 2024 | 84.31% |
| Sep 30, 2024 | 34.88% |
| Jun 30, 2024 | -56.25% |
| Mar 31, 2024 | -166.67% |
| Dec 31, 2023 | -11.02% |
| Sep 30, 2023 | 0.09% |
| Jun 30, 2023 | -22.78% |
| Mar 31, 2023 | 4.63% |
| Dec 31, 2022 | 39.33% |
| Sep 30, 2022 | -47.73% |
| Jun 30, 2022 | 28.57% |
| Mar 31, 2022 | 32.00% |
| Dec 31, 2021 | 12.50% |
| Sep 30, 2021 | 16.92% |