Elanco Animal Health Incorporated (ELAN)

Elanco Animal Health Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-232	338	-1,231	-78	-483
Depreciation & Amortization	680	662	694	682	716
Stock-Based Compensation	68	55	46	59	66
Other Adjustments	-50	-668	1,062	251	272
Change in Receivables	-12	12	-40	-	-
Changes in Inventories	-57	44	-160	-269	29
Changes in Accounts Payable	147	82	-94	-98	-116
Changes in Other Operating Activities	21	11	-6	-95	-1
Operating Cash Flow	560	541	271	452	483
Operating Cash Flow Growth	3.51%	99.63%	-40.04%	-6.42%	-
Capital Expenditures	-276	-147	-140	-171	-159
Purchases of Intangible Assets	-	-	-	-13	-38
Payments for Business Acquisitions	-	-41	-19	-	-342
Proceeds from Business Divestments	9	1,360	-	13	-
Other Investing Activities	-12	-14	-10	-8	9
Investing Cash Flow	-279	1,158	-169	-179	-530
Short-Term Debt Issued	250	220	600	563	500
Short-Term Debt Repaid	-250	-445	-275	-813	-250
Net Short-Term Debt Issued (Repaid)	-	-225	325	-250	250
Long-Term Debt Issued	2,106	350	-	425	500
Long-Term Debt Repaid	-2,669	-1,600	-402	-677	-573
Net Long-Term Debt Issued (Repaid)	-563	-1,250	-402	-252	-73
Other Financing Activities	288	-17	-6	-47	33
Financing Cash Flow	-275	-1,492	-83	-549	210
Effect of Exchange Rate Changes on Cash and Cash Equivalents	71	-91	-12	-17	-31
Net Cash Flow	77	116	7	-293	132
Free Cash Flow	284	394	131	281	324
Free Cash Flow Growth	-27.92%	200.76%	-53.38%	-13.27%	-
FCF Margin	6.02%	8.88%	2.97%	6.37%	6.80%
Free Cash Flow Per Share	0.57	0.79	0.27	0.58	0.67
Levered Free Cash Flow	-280	-485	-1,014	-531	163
Unlevered Free Cash Flow	510.86	709.49	-651.66	232.08	185.63

Updated Feb 24, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q