Elanco Animal Health Incorporated (ELAN) quarterly cash flow statement — complete operating, investing & financing 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 |
|---|
| Cash from Operations | 13M | 108M | 219M | 237M | -4M | 177M | 162M | 200M | 2M | 157M | 198M | 61M | -145M | 13M | 189M | 312M | -62M | 223M | 89M | 149M |
| Operating CF Margin % | 0.95% | 9.44% | 19.26% | 19.1% | -0.34% | 17.35% | 15.73% | 16.89% | 0.17% | 15.17% | 18.54% | 5.77% | -11.54% | 1.32% | 18.42% | 26.55% | -5.06% | 20.04% | 7.87% | 11.65% |
| Operating CF Growth % | 425% | -38.98% | 35.19% | 18.5% | -300% | 12.74% | -18.18% | 227.87% | 101.38% | 1107.69% | 4.76% | -80.45% | -133.87% | -94.17% | 112.36% | 109.4% | -381.82% | 340.04% | 179.68% | -6.47% |
| Net Income | 57M | -232M | -34M | 11M | 67M | -8M | 364M | -50M | 32M | -141M | -1.1B | -97M | 103M | -55M | -49M | -22M | 48M | -97M | -104M | -210M |
| Depreciation & Amortization | 172M | 174M | 176M | 169M | 161M | 164M | 170M | 162M | 166M | 171M | 173M | 177M | 173M | 168M | 167M | 171M | 176M | 174M | 170M | 170M |
| Stock-Based Compensation | 21M | 16M | 17M | 20M | 15M | 15M | 15M | 14M | 11M | 15M | 10M | 9M | 12M | 15M | 13M | 17M | 14M | 18M | 17M | 16M |
| Deferred Taxes | 0 | -134M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -53M | 1.05B | -3M | 2M | -21M | 4M | -29M | -11M | -35M | -5M | -82M |
| Other Non-Cash Items | -237M | 59M | 297M | -15M | -10M | -50M | -542M | 52M | -30M | 19M | 37M | 9M | 4M | -16M | 69M | 213M | 42M | 7M | 64M | 262M |
| Working Capital Changes | 0 | 225M | -237M | 52M | -237M | 56M | 155M | 22M | -177M | 146M | 27M | -34M | -439M | -78M | -15M | -38M | -331M | 156M | -53M | -7M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -40M | 0 | 0 | 0 | 14M | 0 | 0 | 0 | -25M | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -160M | 0 | 0 | 0 | -269M | 0 | 0 | 0 | 27M | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 200M | 0 | 0 | 0 | -98M | 0 | 0 | 0 | -120M | 0 | 0 |
| Cash from Investing | -60M | -64M | -101M | -56M | -58M | -90M | 1.24B | -33M | 37M | -35M | -36M | -43M | -55M | -76M | -37M | -37M | -29M | -74M | -441M | -25M |
| Capital Expenditures | -51M | -62M | -92M | -57M | -65M | -47M | -42M | -34M | -24M | -41M | -33M | -42M | -38M | -79M | -46M | -33M | -26M | -66M | -25M | -17M |
| CapEx % of Revenue | 3.72% | 5.42% | 8.09% | 4.59% | 5.45% | 4.61% | 4.08% | 2.87% | 1.99% | 3.96% | 3.09% | 3.97% | 3.02% | 8% | 4.48% | 2.81% | 2.12% | 5.93% | 2.21% | 1.33% |
| Acquisitions | 0 | -7M | 7M | -7M | 7M | -36M | 5M | 0 | -5M | 0 | -3M | 0 | -16M | 2M | 11M | 0 | 0 | 0 | -415M | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -9M | 5M | -16M | 8M | 0 | -7M | 1.28B | 1M | 66M | 6M | 0 | -1M | -1M | 1M | -2M | -4M | -3M | -8M | -1M | -8M |
| Cash from Financing | -65M | -18M | -153M | -156M | 52M | -32M | -1.34B | -93M | -27M | -139M | -157M | 39M | 174M | -84M | -169M | -96M | -200M | 44M | 231M | -67M |
| Debt Issued (Net) | 0 | 562M | -188M | -446M | 72M | -38M | -1.33B | -92M | -13M | -139M | -156M | 37M | 181M | -70M | -154M | -89M | -189M | 46M | 232M | -67M |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -65M | -580M | 35M | 290M | -20M | 6M | -8M | -1M | -14M | 0 | -1M | 2M | -7M | -14M | -15M | -7M | -11M | -2M | -1M | 0 |
| Net Change in Cash | -117M | 40M | -34M | 52M | 19M | -22M | 74M | 71M | -7M | -17M | 2M | 49M | -27M | -115M | -47M | 165M | -296M | 185M | -127M | 65M |
| Free Cash Flow | -38M | 46M | 127M | 180M | -69M | 124M | 120M | 166M | -22M | 116M | 165M | 19M | -183M | -66M | 143M | 279M | -88M | 132M | 64M | 124M |
| FCF Margin % | -2.77% | 4.02% | 11.17% | 14.5% | -5.78% | 12.16% | 11.65% | 14.02% | -1.83% | 11.21% | 15.45% | 1.8% | -14.56% | -6.68% | 13.94% | 23.74% | -7.18% | 11.86% | 5.66% | 9.7% |
| FCF Growth % | 44.93% | -62.9% | 5.83% | 8.43% | -213.64% | 6.9% | -27.27% | 773.68% | 87.98% | 275.76% | 15.38% | -93.19% | -107.95% | -150% | 123.44% | 125% | -158.82% | 155.05% | 129.62% | -13.95% |
| FCF per Share | -0.08 | 0.09 | 0.26 | 0.36 | -0.14 | 0.25 | 0.24 | 0.34 | -0.04 | 0.24 | 0.33 | 0.04 | -0.37 | -0.14 | 0.29 | 0.57 | -0.18 | 0.27 | 0.13 | 0.25 |
| FCF Conversion (FCF/Net Income) | 0.23x | -0.39x | -6.44x | 21.55x | -0.06x | -22.13x | 0.45x | -4.00x | 0.06x | -1.11x | -0.18x | -0.63x | -1.41x | -0.24x | -2.91x | -31.20x | -1.22x | -2.14x | -0.86x | -0.71x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |