Company Analysis

Elanco Animal Health Incorporated (ELAN)

NYSE: ELAN · Pharmaceutical Preparations · Indianapolis, IN · filing with the SEC since 2018
Grade6.1
◀ Past 6.8● Present 6.8▶ Future 4.4

The grade of Elanco Animal Health Incorporated

Nine metrics read from its own filings, by tense
Headline grade
6.1/10
◀ Past6.830% of the headline
● Present6.840% of the headline
▶ Future4.430% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

6.8/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
8.2/10

Has it survived what it has been through?

No warning events in its filings since 2018.

weight 33% of this tense · 82nd percentile among 497 sector filers · read for itself

From the record

Elanco Animal Health Incorporated's filings since 2018 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
6.5/10

What has it actually done, year after year?

+5.5% a year over 10 filed years; profitable in 3 of 10.

weight 45% of this tense · 65th percentile among 323 sector filers · read for its customers

From the record

Elanco Animal Health Incorporated's 10 filed years say what it did: revenue went from $2.9 billion in fiscal 2016 to $4.7 billion in fiscal 2025, up 5.5% a year; it rose in 7 of 9 years; the deepest fall was 7% from fiscal 2021 to fiscal 2022; net income was positive in 3 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span5.5%bottom 37% of its family
  • the share of years revenue rosetop 28% of its family
  • the share of filed years with a profittop 22% of its family
  • the deepest fall from a revenue peak7.4%top 26% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
5.3/10

How has it treated the people who own it?

Share count grew 0.5% a year. 0% of cash flow returned. Insiders: 1 sales, 11 purchases.

weight 22% of this tense · 53rd percentile among 80 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Elanco Animal Health Incorporated's diluted share count grew about 0.5% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 1 sale (1 under scheduled 10b5-1 plans) and 11 purchases of their own stock on the open market in the year to 2026-11-03, buying about $3 million (their Form 4 filings).

What it rests on

  • the share count over the yearstop 14% of its family
  • cash returned against operating cash flowbottom 20% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.8/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
6.1/10

Is it financially healthy right now?

ROE -4%: lost 4¢ per shareholder dollar. Leverage 51%: owes 51¢ per asset dollar.

weight 45% of this tense · 61st percentile among 473 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Elanco Animal Health Incorporated lost about 4 cents for every dollar of shareholders' money, and gross profitability: its products earned about 19 cents per dollar of everything the company owns. Leverage: it owed about 51 cents per dollar of assets, and net share issuance: its share count grew 0.5% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 33% of its family
  • return on equitytop 17% of its family
  • gross profit against assetsbottom 41% of its family
  • the share count against the year beforetop 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
7.0/10

How strong is its position in its industry?

top 30% of 315 in its family; net margin -4.9%.

weight 33% of this tense · 70th percentile among 315 sector filers · read for its customers

From the record

Elanco Animal Health Incorporated's standing among 315 graded names in its industry family: revenue of $4.7 billion in fiscal 2025 ranks in the top 6% by size; a net margin of -4.9% ranks in the top 27%; revenue growth of 2.2% a year over the last 3 filed years ranks in the bottom 42% (its annual reports).

What it rests on

  • revenue against the family$4.71Btop 6% of its family
  • net margin-4.9%top 27% of its family
  • three-year revenue growth2.2%bottom 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
7.8/10

What are the people in charge doing?

top 22% of 315 in its family for leadership; chief executive since 2018.

weight 22% of this tense · 78th percentile among 315 sector filers · read for its shareholders

From the record

Elanco Animal Health Incorporated's leadership, from its insiders' filings and its current reports: the chief executive on the record is Simmons, Jeffrey N (PRESIDENT, CEO AND DIRECTOR, as filed), filing under that title since 2018-09-19, 8.2 years (top 22% of its family); the 21 officers and directors filing in the last fifteen months have been on the record a median of 7.7 years (top 22%); 5 officer or director changes were reported on Form 8-K since 2023-11-13, against the 21 people in charge now (top 21%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge5 in three years among 21 peopletop 21% of its family
  • the median years the people in charge have filed7.7 yearstop 22% of its family
  • the chief executive's years on the record8.2 yearstop 22% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.4/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
3.1/10

How much room does it have to grow?

bottom 31% of 273 in its family for room to expand.

weight 45% of this tense · 31st percentile among 273 sector filers · read for itself

From the record

Elanco Animal Health Incorporated's room to grow, from the newest filed statements (fiscal 2025): cash of $545 million against debt of $3.8 billion leaves -24.1% of its assets as net cash, bottom 6% of its family; cash from operations less capital spending is 6% of revenue (top 24%); a gross margin of 55% (bottom 30%); research spending of 7.8% of revenue (bottom 11%) (its annual report).

What it rests on

  • cash less debt against assets-24.1%bottom 6% of its family
  • cash from operations less capital spending against revenue6.0%top 24% of its family
  • gross margin55.0%bottom 30% of its family
  • research spending against revenue7.8%bottom 11% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.6/10

What could actually drive growth from here?

top 44% of 306 in its family for growth drivers.

weight 33% of this tense · 56th percentile among 306 sector filers · read for its customers

From the record

Elanco Animal Health Incorporated's growth drivers, from the filed years to fiscal 2025: revenue grew 2.2% a year over the last three filed years against 5.5% over all 10, slowing (bottom 47% of its family); the newest year grew 6.2% (bottom 48%); research spending grew 4.7% a year (top 47%); capital spending grew 17.3% a year (top 26%) (its annual reports). Elanco Animal Health Incorporated reported 5 product lines in fiscal 2025: Pet Health at $2.3 billion (49%), Cattle at $1.1 billion (24%), Poultry at $858 million (18%), and 2 more; 5 of 5 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-3.2 points a yearbottom 47% of its family
  • the newest year's revenue growth6.2%bottom 48% of its family
  • three-year growth of research spending4.7%top 47% of its family
  • three-year growth of capital spending17.3%top 26% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.3/10

Did its newest year beat what its own record pointed to?

top 47% of 233 in its family for expectations against reality.

weight 22% of this tense · 53rd percentile among 233 sector filers · read for its shareholders

From the record

Elanco Animal Health Incorporated's newest year against its own record: revenue of $4.7 billion in fiscal 2025 came in 5.9% above the $4.5 billion its prior three years' pace pointed to (top 37% of its family); net income of $232 million against a prior three-year average of $324 million (top 42%); a net margin of -4.9% against -7.3% before (bottom 39%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace5.9%top 37% of its family
  • net income against the prior three years' average+28%top 42% of its family
  • net margin against its prior average+2.4 pointsbottom 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton ELAN · research, not advice