Elanco Animal Health (ELAN) Tax Rate (2017 - 2026)

Elanco Animal Health's (ELAN) quarterly Tax Rate came in at 34.48% in Q1 2026, up 4615.0% year-on-year from 0.73% in Q1 2025, and up 625.35% quarter-over-quarter from 6.56% in Q4 2025.

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 34.48% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 34.48%, up 4615.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 22.84% (down 5325.0% YoY), and the FY2025 annual result was 3.57%, down 3431.0% from the prior year.
  • Tax Rate came in at 34.48% for Q1 2026 at Elanco Animal Health, up from 6.56% 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.
  • The 5-year median for Tax Rate is 4.63% (2023), against an average of 1.39%.
  • Across the five-year window, Tax Rate slumped 17130 bps in 2024 and surged 15500 bps in 2025, its largest moves.
  • Elanco Animal Health's Tax Rate stood at 39.33% in 2022, then plunged by 128 bps to 11.02% in 2023, then jumped by 865 bps to 84.31% in 2024, then sank by 108 bps to 6.56% in 2025, then jumped by 625 bps to 34.48% in 2026.
  • The last three Tax Rate figures came in at 34.48% (Q1 2026), 6.56% (Q4 2025), and 32.0% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn 15.33%
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 20.71%
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn 13.63%
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn -20.44%
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn 19.81%
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn 34.48%
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn -7.43%
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn 9.29%
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn 24.29%
10 Liquidia 5.64 Bn 5.42 Bn 121.79 Mn 6.87%

Historic Data

Download Data
DateValue
Mar 31, 2026 34.48%
Mar 31, 2026 34.48%
Dec 31, 2025 -6.56%
Dec 31, 2025 -6.56%
Sep 30, 2025 32.00%
Sep 30, 2025 32.00%
Jun 30, 2025 56.00%
Jun 30, 2025 56.00%
Mar 31, 2025 -11.67%
Mar 31, 2025 -11.67%
Dec 31, 2024 84.31%
Dec 31, 2024 84.31%
Sep 30, 2024 34.88%
Sep 30, 2024 34.88%
Jun 30, 2024 -56.25%
Jun 30, 2024 -56.25%
Mar 31, 2024 -166.67%
Mar 31, 2024 -166.67%
Dec 31, 2023 -11.02%
Dec 31, 2023 -11.02%