Eli Lilly (LLY) Net Margin (2009 - 2026)
Eli Lilly's Net Margin came in at 26.44% for Q3 2026, down 5.28 percentage points from 31.72% a year earlier and down 4.44 percentage points from the prior quarter.
Powered by 
Analysis
Eli Lilly (LLY) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Eli Lilly reported Net Margin of 31.90%, up 0.91 percentage points year-over-year; for FY2025, it came in at 31.67%, up 8.16 percentage points from FY2024.
- Net Margin carries a five-year change of +6.43 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 23.51% in FY2024 (+8.16 pp), 15.36% in FY2023 (-6.52 pp), 21.88% in FY2022 (+2.17 pp) and 19.71% in FY2021 (-5.53 pp).
- The Q3 2026 figure represents the lowest quarterly Net Margin since Q1 2025.
- Year-over-year, Net Margin increased in five of the last eight quarters, with an average year-over-year change of +5.67 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q3 2025 (a gain of 23.24 percentage points), and the weakest in Q3 2023 (a drop of 21.52 percentage points).
- Business Quant data shows LLY's Net Margin at 30.88% (Q2 2026), 37.36% (Q1 2026) and 34.41% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,264.65 Bn | 1,238.27 Bn | 20.46 Bn | 26.44% |
| 2 | Johnson & Johnson | 677.74 Bn | 597.60 Bn | 17.30 Bn | 0.83% |
| 3 | AbbVie | 517.10 Bn | 485.11 Bn | 13.12 Bn | 24.24% |
| 4 | Merck | 362.23 Bn | 325.17 Bn | 13.19 Bn | 28.01% |
| 5 | Novartis Ag | 315.90 Bn | 276.16 Bn | 11.24 Bn | 22.65% |
| 6 | Astrazeneca | 289.40 Bn | 266.24 Bn | 12.86 Bn | 16.30% |
| 7 | Amgen | 249.90 Bn | 201.56 Bn | 7.58 Bn | 37.28% |
| 8 | Gilead Sciences | 209.15 Bn | 184.26 Bn | 6.73 Bn | 29.27% |
| 9 | Pfizer | 165.88 Bn | 113.23 Bn | 12.56 Bn | 19.55% |
| 10 | Vertex Pharmaceuticals | 138.78 Bn | 110.77 Bn | 2.91 Bn | 19.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 26.44% |
| Jun 30, 2026 | 30.88% |
| Mar 31, 2026 | 37.36% |
| Dec 31, 2025 | 34.41% |
| Sep 30, 2025 | 31.72% |
| Jun 30, 2025 | 36.39% |
| Mar 31, 2025 | 21.67% |
| Dec 31, 2024 | 32.59% |
| Sep 30, 2024 | 8.48% |
| Jun 30, 2024 | 26.25% |
| Mar 31, 2024 | 25.58% |
| Dec 31, 2023 | 23.41% |
| Sep 30, 2023 | -0.60% |
| Jun 30, 2023 | 21.21% |
| Mar 31, 2023 | 19.32% |
| Dec 31, 2022 | 26.54% |
| Sep 30, 2022 | 20.91% |
| Jun 30, 2022 | 14.68% |
| Mar 31, 2022 | 24.36% |
| Dec 31, 2021 | 21.58% |
API Access
Eli Lilly Net 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=net-margin&ticker=LLY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=LLY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();