Eli Lilly and Company (LLY) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 54.84B | 55.63B | 62.07B | 49.85B | 41.26B | 32.74B | 31.42B | 30.2B | 25.19B | 25.73B | 23.01B | 21.33B | 20.81B | 18.03B | 17.64B | 17.12B | 16.96B | 18.45B | 17.81B | 17.3B |
| Cash & Short-Term Investments | 5.28B | 7.27B | 9.91B | 3.55B | 3.22B | 3.42B | 3.52B | 3.36B | 2.59B | 2.93B | 2.49B | 2.83B | 3.67B | 2.21B | 2.74B | 2.74B | 2.57B | 3.91B | 3.83B | 3.27B |
| Cash Only | 5.28B | 7.16B | 9.79B | 3.38B | 3.09B | 3.27B | 3.37B | 3.22B | 2.46B | 2.82B | 2.38B | 2.69B | 3.55B | 2.07B | 2.62B | 2.62B | 2.46B | 3.82B | 3.79B | 3.22B |
| Short-Term Investments | 0 | 105M | 121.6M | 170.1M | 127.4M | 154.8M | 149.4M | 140.4M | 126.1M | 109.1M | 113.1M | 134.6M | 123.4M | 144.8M | 124.7M | 113.8M | 109.1M | 90.1M | 37.1M | 51.2M |
| Accounts Receivable | 21.18B | 20.16B | 19.46B | 17.21B | 14B | 13.28B | 12.05B | 13.08B | 10.01B | 11.34B | 10.36B | 9.17B | 9.02B | 8.56B | 8.32B | 7.67B | 7.81B | 8.13B | 7.03B | 6.9B |
| Days Sales Outstanding | 93.94 | 94.45 | 95.82 | 91.27 | 96.44 | 86.09 | 101.06 | 92.96 | 110.79 | 106.72 | 94.61 | 99.59 | 113.67 | 106.36 | 106.01 | 108.55 | 91.8 | 87.13 | 94.6 | 91.55 |
| Inventory | 14.53B | 13.74B | 12.18B | 11.01B | 9.31B | 7.59B | 7.46B | 6.48B | 6.1B | 5.77B | 4.9B | 4.8B | 4.54B | 4.31B | 3.83B | 3.9B | 3.89B | 3.89B | 3.91B | 3.82B |
| Days Inventory Outstanding | 355.68 | 413.54 | 354.66 | 377.8 | 341.92 | 287.98 | 295.42 | 263.82 | 322.85 | 274.62 | 239.88 | 235.22 | 244.95 | 241.89 | 225.19 | 247.85 | 168.94 | 174.86 | 248.59 | 174.38 |
| Other Current Assets | 13.85B | 147M | 271.5M | 68.8M | 72.4M | 111.4M | 134.6M | 142.2M | 138.6M | 149.5M | 5.25B | 4.53B | 3.58B | 7.3M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 61.74B | 56.85B | 52.86B | 51.07B | 48.13B | 45.98B | 44.19B | 41.67B | 38.75B | 38.28B | 34.91B | 33.48B | 32.35B | 31.46B | 29.82B | 29.95B | 29.95B | 30.35B | 30.38B | 30.51B |
| Property, Plant & Equipment | 26.54B | 24.67B | 22.32B | 20.53B | 18.47B | 17.1B | 16.17B | 14.83B | 13.62B | 12.91B | 11.86B | 11.28B | 10.55B | 10.14B | 9.31B | 9.13B | 9.1B | 8.99B | 8.92B | 8.86B |
| Fixed Asset Turnover | 0.77x | 0.82x | 0.82x | 0.80x | 0.72x | 0.81x | 0.74x | 0.79x | 0.66x | 0.76x | 0.82x | 0.76x | 0.67x | 0.75x | 0.75x | 0.71x | 0.86x | 0.89x | 0.76x | 0.77x |
| Goodwill | 6.13B | 5.9B | 5.9B | 5.77B | 5.77B | 5.77B | 5.77B | 5.77B | 4.94B | 4.94B | 4.09B | 4.08B | 4.07B | 4.07B | 3.89B | 3.89B | 3.89B | 3.89B | 3.88B | 3.88B |
| Intangible Assets | 7.37B | 6.52B | 6.45B | 5.91B | 6.01B | 6.17B | 6.54B | 6.64B | 6.76B | 6.91B | 6.78B | 6.9B | 7.09B | 7.21B | 7.12B | 7.5B | 7.48B | 7.69B | 7.89B | 7.99B |
| Long-Term Investments | 3.12B | 2.8B | 2.81B | 3.21B | 3.22B | 3.22B | 3.2B | 2.92B | 3.09B | 3.05B | 2.69B | 2.75B | 2.75B | 2.9B | 2.57B | 2.59B | 2.73B | 3.21B | 3.35B | 3.47B |
| Other Non-Current Assets | 7.23B | 6.99B | 6.43B | 6.23B | 6.07B | 5.72B | 5.12B | 4.86B | 4.71B | 4.99B | 4.91B | 4.67B | 4.49B | 4.34B | 4.54B | 4.47B | 4.29B | 4.08B | 3.71B | 3.64B |
| Total Assets | 116.58B | 112.48B | 114.94B | 100.92B | 89.39B | 78.71B | 75.61B | 71.87B | 63.94B | 64.01B | 57.92B | 54.81B | 53.16B | 49.49B | 47.46B | 47.06B | 46.92B | 48.81B | 48.19B | 47.81B |
| Asset Turnover | 0.17x | 0.17x | 0.16x | 0.16x | 0.15x | 0.18x | 0.16x | 0.17x | 0.14x | 0.15x | 0.17x | 0.15x | 0.14x | 0.15x | 0.15x | 0.14x | 0.16x | 0.16x | 0.14x | 0.14x |
| Asset Growth % | 30.41% | 42.89% | 52.02% | 40.41% | 39.79% | 22.98% | 30.55% | 31.12% | 20.28% | 29.33% | 22.03% | 16.47% | 13.31% | 1.4% | -1.51% | -1.56% | 0.17% | 4.66% | 9.65% | 13.92% |
| Total Current Liabilities | 36.63B | 35.23B | 40.14B | 39.02B | 30.07B | 28.38B | 24.67B | 27.12B | 18.6B | 27.29B | 22B | 18.91B | 16.01B | 17.14B | 15.65B | 15.62B | 13.39B | 15.05B | 13.68B | 15.09B |
| Accounts Payable | 5.03B | 5.38B | 4.26B | 4.08B | 3.44B | 3.23B | 2.89B | 2.92B | 2.47B | 2.6B | 2.44B | 2.47B | 2.02B | 1.93B | 1.68B | 1.66B | 1.43B | 1.67B | 1.57B | 1.6B |
| Days Payables Outstanding | 130.94 | 153.79 | 127.5 | 139.74 | 134.96 | 117.02 | 123.14 | 113.18 | 137.91 | 129.51 | 121.41 | 113.04 | 109.17 | 107.38 | 97.37 | 98.37 | 67.41 | 72.64 | 101.74 | 75.42 |
| Short-Term Debt | 4B | 1.64B | 1.63B | 5.72B | 4.02B | 5.12B | 2.07B | 5.16B | 1.65B | 6.9B | 2.24B | 661.6M | 3.1M | 1.5B | 1.74B | 2.12B | 1.36B | 1.54B | 1.56B | 1.78B |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 27.61B | 10.83B | 24.8B | 6.38B | 4.88B | 7.15B | 18.01B | 17.87B | 13.63B | 16.14B | 14.11B | 13.68B | 11.72B | 12.17B | 10.56B | 10.88B | 9.31B | 10.68B | 9.51B | 10.43B |
| Current Ratio | 1.50x | 1.58x | 1.55x | 1.28x | 1.37x | 1.15x | 1.27x | 1.11x | 1.35x | 0.94x | 1.05x | 1.13x | 1.30x | 1.05x | 1.13x | 1.10x | 1.27x | 1.23x | 1.30x | 1.15x |
| Quick Ratio | 1.10x | 1.19x | 1.24x | 1.00x | 1.06x | 0.89x | 0.97x | 0.87x | 1.03x | 0.73x | 0.82x | 0.87x | 1.02x | 0.80x | 0.88x | 0.85x | 0.98x | 0.97x | 1.02x | 0.89x |
| Cash Conversion Cycle | 318.69 | 354.2 | 322.99 | 329.33 | 303.41 | 257.05 | 273.34 | 243.6 | 295.73 | 251.83 | 213.08 | 221.77 | 249.44 | 240.88 | 233.83 | 258.03 | 193.33 | 189.35 | 241.45 | 190.51 |
| Total Non-Current Liabilities | 48.74B | 50.71B | 50.94B | 43.55B | 43.47B | 36.07B | 36.61B | 31.12B | 32.45B | 25.85B | 24.61B | 24.75B | 25.86B | 21.58B | 21.64B | 22.78B | 24.07B | 24.6B | 26.55B | 26.05B |
| Long-Term Debt | 39.37B | 40.87B | 40.87B | 34.18B | 34.5B | 28.53B | 29.05B | 23.73B | 24.56B | 18.32B | 17.92B | 18.16B | 18.88B | 14.74B | 14.14B | 14.69B | 15.15B | 15.35B | 15.52B | 14.74B |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 87.3M | 171.9M | 862.5M | 1.29B | 1.73B | 1.63B | 1.86B |
| Other Non-Current Liabilities | 9.37B | 9.85B | 10.07B | 9.37B | 8.97B | 7.54B | 7.57B | 7.39B | 7.89B | 7.53B | 6.69B | 6.59B | 6.98B | 6.75B | 7.33B | 7.23B | 7.63B | 7.52B | 9.4B | 9.46B |
| Total Liabilities | 85.38B | 85.94B | 91.08B | 82.57B | 73.54B | 64.44B | 61.29B | 58.24B | 51.05B | 53.14B | 46.61B | 43.66B | 41.87B | 38.71B | 37.3B | 38.4B | 37.46B | 39.65B | 40.23B | 41.15B |
| Total Debt | 43.37B | 42.5B | 42.51B | 39.9B | 38.52B | 33.64B | 31.12B | 28.89B | 26.21B | 25.23B | 20.17B | 18.82B | 18.88B | 16.24B | 15.89B | 16.81B | 16.51B | 16.88B | 17.09B | 16.52B |
| Net Debt | 38.09B | 35.34B | 32.71B | 36.53B | 35.42B | 30.38B | 27.75B | 25.67B | 23.75B | 22.41B | 17.79B | 16.13B | 15.34B | 14.17B | 13.27B | 14.19B | 14.05B | 13.07B | 13.3B | 13.3B |
| Debt / Equity | 1.39x | 1.60x | 1.78x | 2.17x | 2.43x | 2.36x | 2.17x | 2.12x | 2.03x | 2.32x | 1.78x | 1.69x | 1.67x | 1.51x | 1.56x | 1.94x | 1.74x | 1.84x | 2.15x | 2.48x |
| Debt / EBITDA | 4.63x | 4.76x | 4.80x | 5.25x | 6.56x | 5.36x | 6.20x | 5.98x | 8.36x | 7.04x | 5.10x | 6.96x | 9.09x | 6.29x | 6.62x | 8.03x | 5.33x | 5.79x | 6.80x | 8.75x |
| Net Debt / EBITDA | 4.07x | 3.96x | 3.69x | 4.80x | 6.03x | 4.83x | 5.53x | 5.31x | 7.57x | 6.26x | 4.50x | 5.96x | 7.38x | 5.49x | 5.53x | 6.78x | 4.53x | 4.48x | 5.29x | 7.05x |
| Interest Coverage | 26.66x | 66.96x | 41.27x | 28.21x | 15.18x | 23.42x | 9.24x | 20.16x | 15.12x | 19.15x | 4.43x | 18.36x | 15.88x | 25.96x | 20.21x | 14.43x | 25.19x | 23.60x | 15.90x | 19.34x |
| Total Equity | 31.2B | 26.54B | 23.85B | 18.35B | 15.85B | 14.27B | 14.32B | 13.64B | 12.9B | 10.86B | 11.31B | 11.15B | 11.29B | 10.78B | 10.17B | 8.66B | 9.46B | 9.15B | 7.95B | 6.66B |
| Equity Growth % | 96.87% | 85.93% | 66.55% | 34.57% | 22.87% | 31.37% | 26.65% | 22.3% | 14.19% | 0.82% | 11.23% | 28.76% | 19.37% | 17.7% | 27.81% | 29.95% | 33.28% | 57.16% | 59.21% | 55.98% |
| Book Value per Share | 34.82 | 29.55 | 26.54 | 20.39 | 17.60 | 15.80 | 15.82 | 15.08 | 14.27 | 12.02 | 11.91 | 11.74 | 11.90 | 11.34 | 11.25 | 9.59 | 9.95 | 9.60 | 8.32 | 7.32 |
| Total Shareholders' Equity | 31.2B | 26.54B | 23.79B | 18.27B | 15.76B | 14.19B | 14.24B | 13.56B | 12.81B | 10.77B | 11.22B | 11.06B | 11.19B | 10.65B | 10.07B | 8.54B | 9.33B | 8.98B | 7.76B | 6.44B |
| Common Stock | 590M | 590M | 591.4M | 592M | 592.6M | 592.4M | 593.9M | 594.2M | 594.2M | 593.6M | 593.6M | 593.6M | 593.5M | 594.1M | 594.1M | 594.1M | 594.1M | 596.3M | 598.2M | 598.1M |
| Retained Earnings | 29.51B | 24.47B | 22.25B | 17.38B | 15.1B | 13.54B | 13.63B | 13.18B | 12.55B | 10.31B | 10.31B | 10.37B | 10.64B | 10.04B | 10.01B | 8.56B | 9.37B | 8.96B | 9.64B | 8.53B |
| Treasury Stock | 0 | 0 | -62.5M | -55.4M | -49.5M | -49.5M | -32.7M | -32.7M | -32.7M | -44.2M | -45M | -45M | -45M | -50.5M | -50.5M | -50.5M | -50.5M | -52.7M | -52.7M | -52.7M |
| Accumulated OCI | -2.83B | -2.88B | -3.21B | -3.72B | -3.77B | -4.32B | -4.27B | -4.38B | -4.3B | -4.33B | -3.78B | -3.79B | -3.78B | -3.84B | -4.3B | -4.29B | -4.23B | -4.34B | -6.17B | -6.29B |
| Minority Interest | 0 | 0 | 57.5M | 76.2M | 82M | 79.5M | 80.7M | 73.5M | 85.2M | 91.8M | 87M | 85.5M | 104.5M | 125.6M | 95.8M | 114.5M | 131.2M | 175.6M | 197.1M | 219.1M |