Elanco Animal Health Incorporated (ELAN)

Elanco Animal Health Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	4,439	4,417	4,411	4,764	3,271
Revenue Growth (YoY)	0.50%	0.14%	-7.41%	45.64%	6.51%
Cost of Revenue	2,003	1,931	1,913	2,068	1,577
Gross Profit	2,436	2,486	2,498	2,696	1,694
Selling, General & Admin	1,308	1,280	1,259	1,395	988
Research & Development	344	327	321	369	329
Operating Expenses	2,179	2,155	2,108	2,320	1,677
Operating Income	257	331	390	376	17
Interest Expense	-235	-277	-241	-236	-150
Currency Exchange Gain (Loss)	-12	-40	-28	-35	-4
Other Non Operating Income (Expenses)	-12	-12.5	-10	22	-60
EBT Excluding Unusual Items	-2	1.5	111	127	-197
Merger & Restructuring Charges	-62	-93	-98	-336	-702
Impairment of Goodwill	-	-1,042	-	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	11
Gain (Loss) on Sale of Assets	640	-	-	-	211
Asset Writedown	-81	-32	-81	-	-
Legal Settlements	-	-27.5	-	-10	-
Other Unusual Items	-7	-2	-4	-352	-
Pretax Income	488	-1,195	-72	-571	-677
Income Tax Expense	150	36	6	-88	-103
Net Income	338	-1,231	-78	-483	-574
Net Income to Common	338	-1,231	-78	-483	-574
Shares Outstanding (Basic)	494	492	488	487	441
Shares Outstanding (Diluted)	497	492	488	487	441
Shares Change (YoY)	1.02%	0.82%	0.23%	10.38%	19.20%
EPS (Basic)	0.68	-2.50	-0.16	-0.99	-1.30
EPS (Diluted)	0.68	-2.50	-0.16	-0.99	-1.30
Free Cash Flow	394	131	281	324	-176
Free Cash Flow Per Share	0.79	0.27	0.57	0.67	-0.40
Gross Margin	54.88%	56.28%	56.63%	56.59%	51.79%
Operating Margin	5.79%	7.49%	8.84%	7.89%	0.52%
Profit Margin	7.61%	-27.87%	-1.77%	-10.14%	-17.55%
Free Cash Flow Margin	8.88%	2.97%	6.37%	6.80%	-5.38%
EBITDA	879	971	1,007	1,040	499
EBITDA Margin	19.80%	21.98%	22.83%	21.83%	15.25%
D&A For EBITDA	622	640	617	664	482
EBIT	257	331	390	376	17
EBIT Margin	5.79%	7.49%	8.84%	7.89%	0.52%
Effective Tax Rate	30.74%	-	-	-	-
Advertising Expenses	236	207	201	248	-

Updated Feb 25, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q