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

Elanco Animal Health (ELAN) reported Tax Rate of 34.48% for Q1 2026, up 4615.0% on a YoY basis from 0.73% in Q1 2025, and up 625.35% sequentially from 6.56% in Q4 2025.

Elanco Animal Health (ELAN) Tax Rate (2017 - 2026) Analysis & Trends

Elanco Animal Health (ELAN) has 10 years of Tax Rate data on file, last reported at 34.48% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 4615.0% year-over-year to 34.48%; the trailing twelve-month figure through Mar 2026 stood at 22.84% (down 5325.0% YoY), and the FY2025 full-year result was 3.57%, down 3431.0% from the prior year.
  • Tax Rate climbed to 34.48% in Q1 2026, 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.
  • A 5-year average of 1.39% and a median of 4.63% in 2023 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate plunged 17130 bps in 2024 and surged 15500 bps in 2025, its largest moves.
  • Tracing ELAN's Tax Rate over 5 years: stood at 39.33% in 2022, then sank by 128 bps to 11.02% in 2023, then soared by 865 bps to 84.31% in 2024, then slumped by 108 bps to 6.56% in 2025, then soared by 625 bps to 34.48% in 2026.
  • Business Quant data shows ELAN's Tax Rate at 34.48% in Q1 2026, 6.56% in Q4 2025, and 32.0% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn 15.33%
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 20.71%
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn -23.33%
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn 13.63%
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn 171.33%
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn 19.81%
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn 34.48%
10 Vireo Growth 10.57 Bn 10.41 Bn 59.30 Mn -435.71%

Historic Data

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