Eli Lilly (LLY) Debt to Equity (2009 - 2026)

Eli Lilly (LLY) reported Debt to Equity of $1.39 for Q1 2026, up 107.88% on a YoY basis from $0.67 in Q1 2025, and down 13.21% quarter-over-quarter from $1.6 in Q4 2025.

Eli Lilly (LLY) Debt to Equity (2009 - 2026) Analysis & Trends

Eli Lilly has reported Debt to Equity for 18 years, with the latest figure at $1.39 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity rose 107.88% year-over-year to $1.39; the trailing twelve-month figure through Mar 2026 stood at $1.39 (up 107.88% YoY), and the FY2025 full-year result was $1.6, down 98.83% from the prior year.
  • Debt to Equity for Q1 2026 stood at $1.39, down from $1.6 in the prior quarter.
  • The five-year high for Debt to Equity was $393.09 in Q2 2024, with the low at -$720.29 in Q2 2025.
  • Historically, Debt to Equity has averaged -$31.21 across 5 years, with a median of -$3.92 in 2022.
  • Annual changes were most pronounced in 2022 — Debt to Equity jumped 4690.01% — and 2023, when it tumbled 12017.71%.
  • Eli Lilly's Debt to Equity stood at $178.45 in 2022, then sank by 104.69% to -$8.37 in 2023, then surged by 1733.56% to $136.76 in 2024, then slumped by 98.83% to $1.6 in 2025, then slipped by 13.21% to $1.39 in 2026.
  • The last three Debt to Equity figures came in at $1.39 (Q1 2026), $1.6 (Q4 2025), and $1.78 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Gsk 93,699,046.73 Bn 93,699,041.77 Bn 7.76 Bn -
2 Eli Lilly 1,012.06 Bn 1,006.77 Bn 16.22 Bn 1.39
3 Johnson & Johnson 560.67 Bn 538.62 Bn 15.96 Bn 0.68
4 AbbVie 402.20 Bn 392.85 Bn 10.78 Bn -9.70
5 Merck 298.59 Bn 292.94 Bn 12.09 Bn 1.07
6 Amgen 188.77 Bn 176.74 Bn 5.87 Bn 6.24
7 Gilead Sciences 160.22 Bn 152.49 Bn 5.52 Bn 0.94
8 Pfizer 148.19 Bn 135.42 Bn -1.21 Bn 0.72
9 Bristol Myers Squibb 116.72 Bn 106.26 Bn 8.07 Bn 2.22
10 Novartis Ag 109.78 Bn 109.09 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 1.39
Dec 31, 2025 1.60
Sep 30, 2025 1.78
Jun 30, 2025 -720.29
Mar 31, 2025 -17.65
Dec 31, 2024 136.76
Sep 30, 2024 -16.52
Jun 30, 2024 393.09
Mar 31, 2024 -6.10
Dec 31, 2023 -8.37
Sep 30, 2023 -448.18
Jun 30, 2023 -9.98
Mar 31, 2023 -5.00
Dec 31, 2022 178.45
Sep 30, 2022 -3.70
Jun 30, 2022 -3.92
Mar 31, 2022 -3.91
Dec 31, 2021 -3.89
Sep 30, 2021 -3.83
Jun 30, 2021 1.94