Elanco Animal Health (ELAN) Total Debt (2018 - 2026)
Elanco Animal Health (ELAN) recorded Total Debt of $3.92 billion in Q2 2026, down 6.9% from $4.21 billion a year earlier and down 1.8% from the prior quarter.
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Analysis
Elanco Animal Health (ELAN) Total Debt (2018 - 2026) Analysis & Trends
At the end of FY2025, Elanco Animal Health reported Total Debt of $4.02 billion, down 7.0% from FY2024.
- Annual Total Debt has declined for four straight years, with a five-year compound annual growth rate of -8.1% (FY2020 to FY2025).
- Across earlier years, Total Debt came in at $4.32 billion in FY2024 (-25.2%), $5.77 billion in FY2023 (-1.1%), $5.84 billion in FY2022 (-7.6%) and $6.32 billion in FY2021 (+3.1%).
- The Q2 2026 figure is the lowest quarterly Total Debt since Q2 2020.
- On a year-over-year basis, Total Debt has declined for 11 consecutive quarters, with an average decline of 16.5% over the last eight quarters.
- Peak year-over-year performance for Total Debt in the last five years was growth of 3.2% in Q3 2021, against a decline of 26.3% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $3.99 billion (Q1 2026), $4.02 billion (Q4 2025) and $4.02 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 49.04 Bn |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 70.82 Bn |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 53.91 Bn |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | 37.49 Bn |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | -111.00 Mn |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 57.30 Bn |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 26.25 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 63.19 Bn |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | - |
| 10 | Elanco Animal Health | 11.21 Bn | 9.20 Bn | 798.00 Mn | 3.92 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.92 Bn |
| Mar 31, 2026 | 3.99 Bn |
| Dec 31, 2025 | 4.02 Bn |
| Sep 30, 2025 | 4.02 Bn |
| Jun 30, 2025 | 4.21 Bn |
| Mar 31, 2025 | 4.40 Bn |
| Dec 31, 2024 | 4.32 Bn |
| Sep 30, 2024 | 4.36 Bn |
| Jun 30, 2024 | 5.68 Bn |
| Mar 31, 2024 | 5.77 Bn |
| Dec 31, 2023 | 5.77 Bn |
| Sep 30, 2023 | 5.91 Bn |
| Jun 30, 2023 | 6.06 Bn |
| Mar 31, 2023 | 6.02 Bn |
| Dec 31, 2022 | 5.84 Bn |
| Sep 30, 2022 | 5.90 Bn |
| Jun 30, 2022 | 6.06 Bn |
| Mar 31, 2022 | 6.13 Bn |
| Dec 31, 2021 | 6.32 Bn |
| Sep 30, 2021 | 6.33 Bn |
API Access
Elanco Animal Health Total Debt 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=total-debt&ticker=ELAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=ELAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();