Eli Lilly (LLY) Capital Expenditures (2009 - 2026)
Eli Lilly (LLY) posted Capital Expenditures of $2.93 billion for Q2 2026, up 72.8% from $1.7 billion a year earlier and up 26.1% from the prior quarter.
Eli Lilly (LLY) Capital Expenditures (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Capital Expenditures at Eli Lilly was $9.89 billion, up 63.4% 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 Q2 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 16 quarters, with growth averaging 52.8% 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 $2.33 billion (Q1 2026), $2.55 billion (Q4 2025) and $2.09 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,082.65 Bn | 1,051.23 Bn | 19.71 Bn | 2.93 Bn |
| 2 | Johnson & Johnson | 623.68 Bn | 542.21 Bn | 17.26 Bn | 1.32 Bn |
| 3 | AbbVie | 459.43 Bn | 432.59 Bn | 12.70 Bn | 322.00 Mn |
| 4 | Merck | 354.80 Bn | 309.23 Bn | 12.21 Bn | 893.00 Mn |
| 5 | Novartis Ag | 269.16 Bn | 225.03 Bn | 11.24 Bn | -321.00 Mn |
| 6 | Astrazeneca | 244.40 Bn | 217.97 Bn | 12.86 Bn | -763.00 Mn |
| 7 | Amgen | 220.17 Bn | 175.57 Bn | 7.24 Bn | 513.00 Mn |
| 8 | Gilead Sciences | 183.05 Bn | 157.16 Bn | 6.22 Bn | 140.00 Mn |
| 9 | Pfizer | 160.27 Bn | 107.22 Bn | 10.94 Bn | 533.00 Mn |
| 10 | Vertex Pharmaceuticals | 128.38 Bn | 100.39 Bn | 2.84 Bn | 112.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.93 Bn |
| Mar 31, 2026 | 2.33 Bn |
| Dec 31, 2025 | 2.55 Bn |
| Sep 30, 2025 | 2.09 Bn |
| Jun 30, 2025 | 1.70 Bn |
| Mar 31, 2025 | 1.51 Bn |
| Dec 31, 2024 | 1.50 Bn |
| Sep 30, 2024 | 1.35 Bn |
| Jun 30, 2024 | 1.22 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 |
| Sep 30, 2021 | 336.80 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();