Skip to main content
Assets
Eli Lilly and logo
LLY.NYSE
Eli Lilly and
Health Care · Pharmaceuticals

Global pharmaceutical company developing innovative medicines for diabetes, oncology, immunology, and neuroscience including breakthrough weight-loss drugs.

HQ: United StatesListed: United States

Profile & Fundamentals

Eli Lilly and: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.

Profile & Fundamentals

Eli Lilly and Profile & Fundamentals

Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.

Interactive annual chartsAI financial reviewsReported source tables
Explore this pageJump to a Profile & Fundamentals section

Explore this research

Profile & Fundamentals contents

Company and Market Context

Company Profile & Ownership

Eli Lilly and Company discovers, develops, manufactures, and markets human pharmaceutical products in the United States, Europe, China, Japan, and internationally. The company offers cardiometabolic health products, including Basaglar, Humalog, Humalog Mix 75/25, Humalog U-100, Humalog U-200, Humalog Mix 50/50, insulin lispro, insulin lispro protamine, insulin lispro mix 75/25, Humulin, Humulin 70/30, Humulin N, Humulin R, Humulin U-500 for diabetes; Jardiance, Mounjaro, and Trulicity for type 2 diabetes; and Zepbound for obesity. It also provides oncology products, such as Cyramza for the second-line treatment of gastric cancer or gastro-esophageal junction adenocarcinoma; Erbitux for colorectal cancers and head and neck cancers; Inluriyo for breast cancer; Jaypirca for chronic lymphocytic leukemia or small lymphocytic lymphoma; Retevmo for the treatment of metastatic NSCLC; TYVYT for classic hodgkin's lymphoma; and Verzenio for breast cancer. In addition, the company offers immunology products, which include Ebglyss; Olumiant; Omvoh; and Taltz. Further, it provides Emgality for migraine prevention and episodic cluster headache; and Kisubla for symptomatic Alzheimer's disease. The company has collaborations with Boehringer Ingelheim Pharmaceuticals, Inc. for the Jardiance product family; and F. Hoffmann-La Roche Ltd and Genentech, Inc. for lebrikizumab, as well as license agreements with Almirall, S.A. for Ebglyss; and Chugai Pharmaceutical Co., Ltd for orforglipron; strategic collaboration with Ascidian Therapeutics for development of therapies for undisclosed monogenic kidney diseases; BioArctic AB (publ) for new treatment; QurCan Therapeutics Inc for development of PLNP-enabled genetic medicine therapeutics for the treatment of central nervous system and peripheral nervous system; and Abbisko Therapeutics for discovery and development of medicines across multiple targets. Eli Lilly and Company was founded in 1876 and is headquartered in Indianapolis, Indiana.

LLY.NYSE

Company profile record

Eli Lilly and Company

Common Stock · Health Care · Pharmaceuticals

Official website

Company

Company / asset
Eli Lilly and Company
Security type
Common Stock
Sector
Health Care
Industry
Pharmaceuticals
HQ
🇺🇸 United States
Head office
Lilly Corporate Center, Indianapolis, IN, United States, 46285

Leadership & scale

Chief executive
Mr. David A. Ricks
CEO year born
1968
Full-time employees
50K
Fiscal year end
December
IPO date
1978-01-13

Fundamentals snapshot

Updated 2026-09-26
Market Cap
USD 1.03T
P/E
38.7x
Revenue (Q2 26)
USD 23.0B
Profit (Q2 26)
USD 7.1B
Dividend Yield
0.4%
Revenue (FY 25)
USD 65.2B
Shares in public float
889M
Insider ownership
0.16%

Reporting & identifiers

Symbol
LLY.NYSE
Listing
🇺🇸 United States | Dividend Tax: 30%
Ticker Currency
USD
Income Statement Currency
USD
Balance Sheet Currency
USD
Cash Flow Currency
USD
EPS Currency
USD
Contract Type
SPOT
ISIN
US5324571083
Asset ID
equity_61d2639f-a079-5015-93eb-1cbc9a373648

Ownership

Shares Outstanding

Latest: 893.7M | Max: 1.1B | Min: 893.7M

Shares Outstanding
1.3B998.9M665.9M333.0M0.00
893.7M
'17
'19
'21
'23
'25
'26

Latest reported ownership snapshot

As of Oct 1, 2026

Float Shares

99.47%

889.0M latest reported shares

Insider Ownership

0.16%

Latest reported insider stake

Short Float

0.01%

Latest reported short interest / float

Top Holders

Top 5 concentration: 33.33%
Lilly Endowment Inc
institution
Filed 2026-06-30 • Change -1.5M (-1.65%)
10.14%(90.4M shares)
BlackRock Inc
institution
Filed 2026-03-31 • Change -412.0K (-0.62%)
7.45%(66.4M shares)
Vanguard Capital Management, LLC
institution
Filed 2026-03-31 • Change +53.4M (0.00%)
5.99%(53.4M shares)
PNC Financial Services Group Inc
institution
Filed 2026-03-31 • Change -4.3K (-0.01%)
5.76%(51.3M shares)
State Street Corp
institution
Filed 2026-03-31 • Change +248.1K (+0.70%)
4.00%(35.6M shares)
Vanguard MStar Total Stk Mkt Idx Invest
fund
Filed 2026-08-31 • Change -52.5K (-0.19%)
3.02%(26.9M shares)
FMR Inc
institution
Filed 2026-03-31 • Change +619.4K (+2.41%)
2.96%(26.3M shares)
Source tablesView ownership tables

Shares Outstanding

Annual reported shares outstanding; up to 10 reporting dates.

Scroll the table to see every column.

Shares outstanding — reported values
Reporting dateShares outstanding
2017-01-011,052,023,000
2018-01-011,057,035,000
2019-01-01957,526,000
2020-01-01956,590,000
2021-01-01953,653,000
2022-01-01950,182,000
2023-01-01903,980,000
2024-01-01903,158,000
2025-01-01898,002,000
2026-01-01893,700,000

Top Holders

Available reported ownership records.

Scroll the table to see every column.

Largest reported holders
HolderSharesOwnershipReported date
Lilly Endowment Inc90,376,97810.14%2026-06-30
BlackRock Inc66,380,8427.45%2026-03-31
Vanguard Capital Management, LLC53,361,7745.99%2026-03-31
PNC Financial Services Group Inc51,328,9085.76%2026-03-31
State Street Corp35,610,0024%2026-03-31
Vanguard MStar Total Stk Mkt Idx Invest26,936,4933.02%2026-08-31
FMR Inc26,341,0312.96%2026-03-31
Vanguard 500 Index Investor21,016,4582.36%2026-08-31
Vanguard Portfolio Management, LLC20,977,0272.35%2026-03-31
Capital Research Global Investors20,873,1402.34%2026-06-30
Geode Capital Management, LLC20,191,8642.27%2026-03-31
Capital World Investors15,902,6421.78%2026-06-30
Morgan Stanley - Brokerage Accounts15,437,4581.73%2026-03-31
T. Rowe Price Associates, Inc.13,992,2241.57%2026-03-31
JPMorgan Chase & Co13,698,4911.54%2026-03-31

Earnings, Profitability & Valuation

Earnings, Profitability & Valuation

Earnings & Revenue

Earnings and Revenue Trajectory

AI Review

The latest financial performance illustrates an extraordinary volume-driven expansion. Trailing twelve-month revenue surged to nearly eighty billion dollars, propelled by explosive prescription demand for diabetes and weight-loss blockbusters that overwhelmed single-digit price discounts. Net income expanded dramatically to over twenty-six billion dollars as fixed corporate overhead was spread across massive unit sales. However, headline accounting figures conceal important cash details. While trailing free cash flow reached a record twenty billion dollars, recurring multi-billion-dollar charges for acquired research partnerships continue to absorb cash. The underlying business is growing exceptionally fast, but investors must recognize that ongoing pipeline acquisitions remain an essential expense to maintain long-term leadership.

Revenue, Net Income, and Free Cash Flow

Latest: USD 65.2B | Max: USD 65.2B | Min: USD -3.2B

RevenueFree Cash FlowNet Income
USD 82.9BUSD 59.4BUSD 35.8BUSD 12.2BUSD 0.00USD -11.4B
65.2B
9.0B
20.6B
'16
'18
'20
'22
'24
'25

Valuation

P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.

Latest: 47x

>100x83x55x28x0x
47x
>100x
47x
'21'23'25

Profitability & Margins

Margins and Operating Efficiency

AI Review

Profitability has expanded to historic highs, with gross profit margins reaching eighty-three percent and operating margins widening to nearly forty-six percent. This remarkable efficiency reflects immense manufacturing scale and a favorable shift toward high-margin metabolic treatments that cost relatively little to produce once factories are running. These elite margins face an inevitable tug-of-war. Growing government price caps and insurance rebates will push realized selling prices lower, but newly approved daily pills have much cheaper production and shipping costs than refrigerated injections. This structural cost advantage should keep long-term operating profit margins exceptionally strong near forty-four percent.

Profitability Margins

Latest: 83.0% | Max: 83.0% | Min: -1.0%

Gross MarginOperating MarginNet Margin
104.9%75.9%46.9%17.9%0.0%-11.1%
83.0%
45.6%
31.7%
'16
'18
'20
'22
'24
'25

Latest Profitability Ratios as of 2025-12-31

Gross Margin

83.0%

Gross profit / revenue

Operating Margin

45.6%

Operating income / revenue

Net Margin

31.7%

Net income / revenue

FCF Margin

13.8%

Free cash flow / revenue

Source tablesView earnings, profitability & valuation tables

Revenue, Net Income, and Free Cash Flow

Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.

Scroll the table to see every column.

Annual earnings and cash flow
Period endRevenue (USD)Net income (USD)Free cash flow (USD)
2016-12-3121,222,100,0002,737,600,0003,759,000,000
2017-12-3119,973,800,000-204,100,0003,452,000,000
2018-12-3121,493,300,0003,232,000,0002,506,300,000
2019-12-3122,319,500,0008,318,400,0003,483,100,000
2020-12-3124,539,800,0006,193,700,0004,470,500,000
2021-12-3128,318,400,0005,581,700,0005,387,500,000
2022-12-3128,541,400,0006,244,800,0004,600,400,000
2023-12-3134,124,100,0005,240,400,000-3,152,000,000
2024-12-3145,043,000,00010,590,000,000414,300,000
2025-12-3165,179,000,00020,640,000,0008,972,000,000

Published P/E Ratio

Published valuation snapshots retain each observation's earnings basis.

Scroll the table to see every column.

Published valuation snapshots
Period endP/E (times earnings)Earnings basis
2025-12-3146.76Trailing four quarters
2024-12-3165.84Trailing four quarters
2023-12-31100.55Trailing four quarters
2022-12-3155.66Annual net income
2021-12-3147.19Annual net income

Profitability Margins

Matching annual reporting dates. Values are percentages.

Scroll the table to see every column.

Annual profitability margins
Period endGross margin (%)Operating margin (%)Net margin (%)Free cash flow margin (%)
2016-12-3173.0918.2412.917.71
2017-12-3177.7321.28-1.0217.28
2018-12-3178.2228.0415.0411.66
2019-12-3178.8526.8837.2715.61
2020-12-3177.6629.3825.2418.22
2021-12-3174.1828.0119.7119.02
2022-12-3176.7730.3221.8816.12
2023-12-3179.2531.6115.36-9.24
2024-12-3181.3137.8323.510.92
2025-12-3183.0445.5631.6713.77

Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-09-29.

Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.

Complete Research Workspace

Unlock the complete Profile & Fundamentals

Sign in to verify your access, or upgrade to the Base plan to open the complete profile & fundamentals and available source data.