ELAN

Elanco Animal Health Inc

Ticker: ELANHealthcarePharmaceutical Preparations
HQ INDIANAPOLIS, INCIK 1739104FY end 12-31Book / share $13.02Shares 506M
Revenue (FY)
$4.71B+6.22%
TTM $5.02B
Op. margin
0.32%-1.96%
TTM 1.61%
Net income
$-232.00M-168.64%
TTM $-199.00M
Operating cash
$560.00M+3.51%
TTM $617.00M
Free cash flow
$284.00M-27.92%
TTM $379.00M
Return on equity
-3.56%-10.86%
TTM -3.02%
Debt / equity
0.61-0.10%
TTM 0.59
Shares outstanding
496.4M-0.18%
TTM 505.9M

The business

Elanco Animal Health Incorporated (ELAN: NASDAQ) is a global leader in animal health dedicated to innovating and delivering products and services to prevent and treat disease in farm animals and pets. The company operates as a single segment within the animal health industry, offering a comprehensive portfolio marketed under approximately 200 brands sold in more than 90 countries. Elanco's website is www.elanco.com.

The company's product portfolio is divided into two primary categories: pet health and farm animal products. Pet health offerings focus on parasiticides, dermatology, vaccines, and pain therapeutics for dogs and cats, including flagship brands such as the Advantage Family, Seresto, Credelio Family, and Zenrelia. Farm animal products serve cattle, poultry, swine, and sheep producers through medicated feed additives, injectable antibiotics, vaccines, insecticides, and enzymes, with key products including Rumensin, Maxiban, and Monteban. In 2025, the company's top five product families represented approximately 38 percent of total revenue, with the Advantage Family alone accounting for approximately 10 percent.

Geographically, the United States represents the company's largest market at 47 percent of total revenue, with Brazil, the United Kingdom, and China serving as the largest international markets. The company employs approximately 9,400 full-time employees and 500 fixed-duration employees globally, with approximately 30 percent of the workforce based in the United States.

Elanco operates a global manufacturing network comprising 16 internal sites and approximately 140 contract manufacturing organizations. The company maintains research and development centers of excellence across multiple continents, including facilities in Australia, Germany, India, Switzerland, Brazil, China, and the United States, with over 1,000 employees dedicated to R&D and regulatory affairs.

The company traces its heritage to 1954 as a business unit of Eli Lilly and Company, becoming independently incorporated in September 2018 with separation finalized in March 2019. A transformational acquisition of Bayer Animal Health in August 2020 marked the largest acquisition in industry history, enabling Elanco to become a more diverse, durable, and globally scaled organization with enhanced geographic and product portfolio balance.

Sector
Healthcare
Industry
Pharmaceutical Preparations
HQ
INDIANAPOLIS, IN
FY end
12-31
CIK
1739104
SIC
2834
Financial performance · annual
20172025
$-1.86B$19.20M$1.89B$3.77B$5.65B201720182019202020212022202320242025TTMTTMTTM

Ownership

Who holds Elanco Animal Health Inc — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30

460
funds hold it
0 of 35
superinvestors hold it
$7.64B
fund-held value
63.6%
of shares held by funds
1
bond issues held by funds

Top fund holders

Fund% of fundValue
Dodge & Cox Stock Fund
DODGX · Dodge & Cox Funds
0.90%$1.06B
VANGUARD PRIMECAP FUND
VPMCX · VANGUARD CHESTER FUNDS
0.45%$436.86M
iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.34%$420.64M
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.02%$390.61M
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.15%$281.74M

Bonds held by funds

Funds report holding 1 issues of Elanco Animal Health Inc's debt, $299.55M at fund-held market value — what funds hold, not the company's debt outstanding. Weighted-average coupon 6.40%, maturing 20282028.

IssueCouponMaturesFundsFund-held
Elanco Animal Health Inc6.400%2028-08-2869$299.55M

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

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15 years of Elanco Animal Health Inc's financials

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