--- title: "Elanco Animal Health Metrics Guide" description: "Elanco Animal Health Incorporated revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios explained." canonical: https://www.getswoopr.com/stocks/companies/elanco-animal-health-incorporated/financial-metrics/ source: "Swoopr Investment: https://www.getswoopr.com" --- # Elanco Animal Health Incorporated Financial Metrics Guide ## Direct Answer > Elanco Animal Health Incorporated reported revenue of $4.7 billion for the fiscal year ended December 31, 2025, net income of -$232 million, according to its SEC filings. Revenue grew 6.2% from the prior year. ## What Are Elanco Animal Health Incorporated's Key Financial Figures? | Fiscal year | FY2025ended December 31, 2025 | FY2024ended December 31, 2024 | FY2023ended December 31, 2023 | FY2022ended December 31, 2022 | | --- | --- | --- | --- | --- | | Revenue | $4.7 billion | $4.4 billion | $4.4 billion | $4.4 billion | | Operating income | Not reported | Not reported | Not reported | Not reported | | Operating margin | n/a | n/a | n/a | n/a | | Net income | -$232 million | $338 million | -$1.2 billion | -$78 million | | Net margin | -4.9% | 7.6% | -27.9% | -1.8% | | Operating cash flow | $560 million | $541 million | $271 million | $452 million | | Capital expenditures | $276 million | $147 million | $140 million | $171 million | | Free cash flow | $284 million | $394 million | $131 million | $281 million | Free cash flow (operating cash flow minus capital expenditures) was $284 million against net income of -$232 million; cash generation covered reported earnings. ![Bar chart of Elanco Animal Health Incorporated revenue, net income for fiscal 2022 to 2025. In fiscal 2025, revenue was $4.7 billion and net income negative $232 million.](https://www.getswoopr.com/images/charts/elanco-animal-health-incorporated-metrics-revenue-profit.webp) *Elanco Animal Health Incorporated revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.* ![Line chart of Elanco Animal Health Incorporated net margin for fiscal 2022 to 2025. In fiscal 2025, net margin was -4.9%.](https://www.getswoopr.com/images/charts/elanco-animal-health-incorporated-metrics-margins.webp) *Elanco Animal Health Incorporated operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.* ![Bar chart of Elanco Animal Health Incorporated operating cash flow, capital expenditures, free cash flow for fiscal 2022 to 2025. In fiscal 2025, operating cash flow was $560 million, capital expenditures was $276 million, free cash flow was $284 million.](https://www.getswoopr.com/images/charts/elanco-animal-health-incorporated-metrics-cash-flow.webp) *Elanco Animal Health Incorporated operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.* ## What Does Elanco Animal Health Incorporated's Balance Sheet Show? | Cash and cash equivalents | $545 million | | --- | --- | | Long-term debt | $3.8 billion | | Total assets | $13.4 billion | | Total liabilities | $6.8 billion | | Shareholders' equity | $6.5 billion | | Current ratio | 2.2x | Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions. ## Where These Numbers Come From Every figure on this page is a value Elanco Animal Health Incorporated reported in its own SEC filings, read from the SEC's XBRL data (accession 0001739104-26-000012 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary. Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation. ## Frequently Asked Questions ### What was Elanco Animal Health Incorporated's revenue in fiscal 2025? Elanco Animal Health Incorporated reported revenue of $4.7 billion for the fiscal year ended December 31, 2025, according to its SEC filings. ### What is Elanco Animal Health Incorporated's operating margin? Elanco Animal Health Incorporated did not report operating income under the standard tag for fiscal 2025, so Swoopr does not compute an operating margin; the income statement in its 10-K shows how it presents profit. ### How much free cash flow did Elanco Animal Health Incorporated generate? Operating cash flow of $560 million less capital expenditures of $276 million gives free cash flow of $284 million for fiscal 2025. ## References - [SEC EDGAR: Elanco Animal Health Inc Form 10-K filed February 24, 2026](https://www.sec.gov/Archives/edgar/data/1739104/000173910426000012/elan-20251231.htm) - [SEC EDGAR: Elanco Animal Health Inc annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1739104&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) ## Related Pages - [Elanco Animal Health Incorporated company dossier](https://www.getswoopr.com/stocks/companies/elanco-animal-health-incorporated/) - [Elanco Animal Health Incorporated financial metrics](https://www.getswoopr.com/stocks/companies/elanco-animal-health-incorporated/financial-metrics/) - [Elanco Animal Health Incorporated financial risk indicators](https://www.getswoopr.com/stocks/companies/elanco-animal-health-incorporated/risks-monitoring/) - [Elanco Animal Health Incorporated business model and revenue mix](https://www.getswoopr.com/stocks/companies/elanco-animal-health-incorporated/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) [Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/) Swoopr's editorial team produces independent investment education content. 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