Eli Lilly (LLY) EBITDA Margin (2009 - 2026)
Eli Lilly (LLY) recorded EBITDA Margin of 54.65% in Q3 2026, up 6.41 percentage points from 48.24% a year earlier and up 1.17 percentage points from the prior quarter.
Eli Lilly (LLY) EBITDA Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Eli Lilly's EBITDA Margin came in at 52.18% as of Sep 30, 2026, up 5.83 percentage points year-over-year; for FY2025, it was 47.88%, up 8.04 percentage points from FY2024.
- Annual EBITDA Margin has increased for four straight years, with a five-year change of +14.66 percentage points (FY2020 to FY2025).
- Across earlier years, EBITDA Margin came in at 39.84% in FY2024 (+5.31 pp), 34.53% in FY2023 (+1.04 pp), 33.49% in FY2022 (+2.15 pp) and 31.34% in FY2021 (-1.88 pp).
- The Q3 2026 figure is the highest quarterly EBITDA Margin in data going back to Q1 2009.
- On a year-over-year basis, EBITDA Margin has increased for 14 consecutive quarters, with an average year-over-year change of +7.14 percentage points over the last eight quarters.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 11.78 percentage points in Q1 2022, against a drop of 10.30 percentage points in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 53.49% (Q2 2026), 50.55% (Q1 2026) and 49.19% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,264.65 Bn | 1,238.27 Bn | 20.46 Bn | 54.65% |
| 2 | Johnson & Johnson | 677.74 Bn | 597.60 Bn | 17.30 Bn | 32.68% |
| 3 | AbbVie | 517.10 Bn | 485.11 Bn | 13.12 Bn | 46.88% |
| 4 | Merck | 362.23 Bn | 325.17 Bn | 13.19 Bn | 40.75% |
| 5 | Novartis Ag | 315.90 Bn | 276.16 Bn | 11.24 Bn | - |
| 6 | Astrazeneca | 289.40 Bn | 266.24 Bn | 12.86 Bn | - |
| 7 | Amgen | 249.90 Bn | 201.56 Bn | 7.58 Bn | 46.62% |
| 8 | Gilead Sciences | 209.15 Bn | 184.26 Bn | 6.73 Bn | 50.63% |
| 9 | Pfizer | 165.88 Bn | 113.23 Bn | 12.56 Bn | 42.49% |
| 10 | Vertex Pharmaceuticals | 138.78 Bn | 110.77 Bn | 2.91 Bn | 22.73% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 54.65% |
| Jun 30, 2026 | 53.49% |
| Mar 31, 2026 | 50.55% |
| Dec 31, 2025 | 49.19% |
| Sep 30, 2025 | 48.24% |
| Jun 30, 2025 | 48.20% |
| Mar 31, 2025 | 45.02% |
| Dec 31, 2024 | 43.03% |
| Sep 30, 2024 | 42.13% |
| Jun 30, 2024 | 37.90% |
| Mar 31, 2024 | 34.44% |
| Dec 31, 2023 | 36.32% |
| Sep 30, 2023 | 40.39% |
| Jun 30, 2023 | 31.15% |
| Mar 31, 2023 | 28.18% |
| Dec 31, 2022 | 33.57% |
| Sep 30, 2022 | 30.28% |
| Jun 30, 2022 | 30.82% |
| Mar 31, 2022 | 38.48% |
| Dec 31, 2021 | 35.01% |
Eli Lilly EBITDA Margin 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=ebitda-margin&ticker=LLY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=LLY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();