Eli Lilly and Company (LLY)

Eli Lilly Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	40,863	34,124	28,541	28,318	24,540	22,320
Revenue Growth (YoY)	27.41%	19.56%	0.79%	15.40%	9.95%	3.84%
Cost of Revenue	7,803	7,082	6,630	6,973	5,483	4,721
Gross Profit	33,061	27,042	21,912	21,345	19,057	17,598
Selling, General & Admin	7,633	6,941	6,068	6,142	5,869	6,004
Research & Development	10,531	9,313	7,191	6,931	5,976	5,595
Operating Expenses	18,164	16,255	13,258	13,073	11,846	11,599
Operating Income	14,897	10,787	8,653	8,273	7,211	5,999
Interest Expense	-694.1	-485.9	-331.6	-339.8	-359.6	-400.6
Interest & Investment Income	175.4	173.6	62.8	25.4	33	80.4
Currency Exchange Gain (Loss)	117.6	-26.4	-191.3	-204.6	123.7	-61.9
Other Non Operating Income (Expenses)	-139.1	-6.3	177	256	-319.2	5.3
EBT Excluding Unusual Items	14,357	10,442	8,370	8,010	6,689	5,623
Merger & Restructuring Charges	-45.5	-45.5	-23	-13	-151.2	-478.5
Gain (Loss) on Sale of Investments	91.8	-20.2	-410.7	176.9	1,442	401.2
Gain (Loss) on Sale of Assets	-	-	-	-	-	309.8
Other Unusual Items	-538.8	-22.2	-221.6	-1,048	20	-349.6
Pretax Income	10,151	6,555	6,806	6,156	7,230	5,266
Income Tax Expense	1,781	1,314	561.6	573.8	1,036	628
Earnings From Continuing Operations	8,370	5,240	6,245	5,582	6,194	4,638
Earnings From Discontinued Operations	-	-	-	-	-	3,681
Net Income	8,370	5,240	6,245	5,582	6,194	8,318
Net Income to Common	8,370	5,240	6,245	5,582	6,194	8,318
Net Income Growth	67.79%	-16.08%	11.88%	-9.88%	-25.54%	157.38%
Shares Outstanding (Basic)	901	900	902	907	908	931
Shares Outstanding (Diluted)	904	903	905	912	913	936
Shares Change (YoY)	0.08%	-0.15%	-0.77%	-0.09%	-2.48%	-9.48%
EPS (Basic)	9.29	5.82	6.93	6.15	6.82	8.93
EPS (Diluted)	9.25	5.80	6.90	6.12	6.79	8.89
EPS Growth	67.52%	-15.94%	12.75%	-9.87%	-23.65%	184.25%
Free Cash Flow	1,400	792.5	5,731	6,056	5,112	3,803
Free Cash Flow Per Share	1.55	0.88	6.34	6.64	5.60	4.06
Dividend Per Share	5.030	4.520	3.920	3.400	2.960	2.580
Dividend Growth	15.10%	15.31%	15.29%	14.86%	14.73%	14.67%
Gross Margin	80.91%	79.25%	76.77%	75.38%	77.66%	78.85%
Operating Margin	36.46%	31.61%	30.32%	29.21%	29.38%	26.88%
Profit Margin	20.48%	15.36%	21.88%	19.71%	25.24%	37.27%
Free Cash Flow Margin	3.43%	2.32%	20.08%	21.39%	20.83%	17.04%
EBITDA	16,567	12,315	10,176	9,820	8,535	7,232
EBITDA Margin	40.54%	36.09%	35.65%	34.68%	34.78%	32.40%
D&A For EBITDA	1,670	1,527	1,523	1,548	1,324	1,233
EBIT	14,897	10,787	8,653	8,273	7,211	5,999
EBIT Margin	36.46%	31.61%	30.32%	29.21%	29.38%	26.88%
Effective Tax Rate	17.54%	20.05%	8.25%	9.32%	14.33%	11.93%
Advertising Expenses	-	1,120	966.8	1,240	1,100	1,100

Source: S&P Capital IQ. Standard template. Financial Sources.