Elanco Animal Health (ELAN) Tax Rate (2018 - 2026)
Elanco Animal Health's Tax Rate was 3.57% in Q2 2026, down 52.43 percentage points from 56.00% a year earlier and down 30.91 percentage points from the prior quarter.
Elanco Animal Health (ELAN) Tax Rate (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Elanco Animal Health's Tax Rate was -19.88% through Jun 30, 2026, down 46.69 percentage points year-over-year; for FY2025, it came in at -3.57%, down 34.31 percentage points from FY2024.
- Tax Rate shows a five-year change of -18.79 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 30.74% in FY2024 (+33.75 pp), -3.01% in FY2023 (+5.32 pp), -8.33% in FY2022 (-23.74 pp) and 15.41% in FY2021 (+0.20 pp).
- Quarterly Tax Rate has moved between -166.67% (Q1 2024) and 84.31% (Q4 2024) over five years.
- Compared with a year earlier, Tax Rate was higher in five of the last eight quarters, with an average year-over-year change of +37.17 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q1 2025 (a gain of 155.00 percentage points); the worst was Q1 2024 (a drop of 171.30 percentage points).
- Per Business Quant data, ELAN's Tax Rate in the three quarters before Q2 2026 was 34.48% (Q1 2026), -6.56% (Q4 2025) and 32.00% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 17.98% |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 15.47% |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | - |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | - |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | - |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 14.20% |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | - |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | - |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 20.98% |
| 10 | Elanco Animal Health | 11.18 Bn | 9.18 Bn | 798.00 Mn | 3.57% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.57% |
| Mar 31, 2026 | 34.48% |
| Jun 30, 2025 | 56.00% |
| Sep 30, 2024 | 34.88% |
| Mar 31, 2023 | 4.63% |
| Mar 31, 2022 | 32.00% |
| Jun 30, 2019 | 28.49% |
| Mar 31, 2019 | 29.69% |
| Sep 30, 2018 | 23.60% |
| Mar 31, 2018 | 6.19% |
Elanco Animal Health Tax Rate 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=tax-rate&ticker=ELAN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=ELAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();