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| Date | Value |
|---|---|
| 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% |