Eli Lilly (LLY) Capital Expenditures (2009 - 2026)
Eli Lilly (LLY) posted Capital Expenditures of $3.18 billion for Q3 2026, up 52.3% from $2.09 billion a year earlier and up 8.4% from the prior quarter.
Eli Lilly (LLY) Capital Expenditures (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Capital Expenditures at Eli Lilly was $10.98 billion, up 61.8% year-over-year; for FY2025, it was $7.84 billion, up 55.0% from FY2024.
- Annual Capital Expenditures has increased for four consecutive years, with a five-year compound annual growth rate of 41.4% (FY2020 to FY2025).
- In prior years, Eli Lilly's Capital Expenditures was $5.06 billion in FY2024 (+46.7%), $3.45 billion in FY2023 (+85.9%), $1.85 billion in FY2022 (+41.6%) and $1.31 billion in FY2021 (-5.6%).
- The Q3 2026 figure stands as the highest quarterly Capital Expenditures in data going back to Q1 2009.
- On a year-over-year basis, Capital Expenditures has increased in each of the last 17 quarters, with growth averaging 54.4% over the last eight quarters.
- The strongest year-over-year quarter for Capital Expenditures in the past five years was Q4 2023, with growth of 113.9%; the weakest was Q4 2021, with a decline of 35.9%.
- According to Business Quant data, Capital Expenditures for the three prior quarters was $2.93 billion (Q2 2026), $2.33 billion (Q1 2026) and $2.55 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 3.18 Bn |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | 1.36 Bn |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | 301.00 Mn |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 1.04 Bn |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | -3.30 Bn |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 587.00 Mn |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | 237.00 Mn |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 573.00 Mn |
| 10 | Vertex Pharmaceuticals | 138.90 Bn | 106.64 Bn | 2.91 Bn | 97.30 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.18 Bn |
| Jun 30, 2026 | 2.93 Bn |
| Mar 31, 2026 | 2.33 Bn |
| Dec 31, 2025 | 2.55 Bn |
| Sep 30, 2025 | 2.32 Bn |
| Jun 30, 2025 | 1.99 Bn |
| Mar 31, 2025 | 1.51 Bn |
| Dec 31, 2024 | 1.50 Bn |
| Sep 30, 2024 | 1.47 Bn |
| Jun 30, 2024 | 1.40 Bn |
| Mar 31, 2024 | 986.30 Mn |
| Dec 31, 2023 | 1.07 Bn |
| Sep 30, 2023 | 970.30 Mn |
| Jun 30, 2023 | 738.20 Mn |
| Mar 31, 2023 | 668.50 Mn |
| Dec 31, 2022 | 500.70 Mn |
| Sep 30, 2022 | 617.20 Mn |
| Jun 30, 2022 | 371.00 Mn |
| Mar 31, 2022 | 365.40 Mn |
| Dec 31, 2021 | 291.40 Mn |
Eli Lilly Capital Expenditures 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=capital-expenditures&ticker=LLY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "LLY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=LLY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();