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Eli Lilly (LLY) Value Investing Data

🇺🇸 USLLY

As of 2026-06-26 · Last updated: 2026-07-07 · Source: SEC EDGAR (10-K), stockanalysis (5-year financials), TradingView (price, financials, consensus), Company IR · Prices & financials updated periodically (not real-time) · Information tool (not investment advice)

Eli Lilly (LLY) Financial Health Check
In short: There are some financial points to watch
Does it earn well?
Yes, very strongly
It earns very efficiently on invested capital and keeps a large slice of each sale as profit.
Metrics · ROE 107.6% · Operating Margin 47.3% · Net Margin 35.0%
Will the company survive?
Carries some debt
Debt burden is moderate, so it can be affected by the economic cycle.
Metrics · D/E ~139% · Current Ratio 1.50
Is the price expensive now?
On the expensive side
Even accounting for growth expectations, the price is set high.
Metrics · P/E 43.5 · P/B 43.0

Hyper-growth GLP-1 pharma (Zepbound, Mounjaro): TTM revenue +47%, 47% operating margin, 108% ROE. Debt is moderate, but ~43x P/E and P/B price in growth.

Compiled from public financial data. Not a recommendation to buy or sell any security. · Source: TradingView (margins, debt, liquidity, P/B are TTM), as of 2026-06-26

Business Summary · Key Value Metrics
A global pharma company in diabetes and obesity (Mounjaro, Zepbound) plus oncology, immunology, and neuroscience. Explosive GLP-1 growth pushed TTM (2026) revenue to $72.2B. FY2025 revenue $65.2B with a 40.3% operating margin (note: TTM operating margin 47.3%).
Current Price
$1208.12
+7.13% +$80.43 · Close 2026-06-26
Analyst Consensus Target (external reference)
$1264.92
Avg. of 31 external analysts · TradingView (31-analyst consensus, Strong Buy)
P/E (TTM)
43.5x
TTM · reflects high growth
ROE
107.6%
TTM · earnings surge
Operating Margin
47.3%
TTM
Net Margin
35.0%
TTM
Revenue Growth
+47.4%
TTM YoY
Market Cap
$1.14T
As of 2026-06-26

Economic Moat · Key Business Segments

Eli Lilly is growing explosively in GLP-1 obesity and diabetes therapies (tirzepatide: Mounjaro, Zepbound), forming a duopoly with Novo Nordisk. Its moat rests on dual-receptor technology, a deep late-stage pipeline (donanemab for Alzheimer's, oral GLP-1 orforglipron), and large-scale manufacturing investment. TTM operating margin is 47.3% (source: company IR, TradingView).

GLP-1 Market LeadMounjaro and Zepbound are surging in obesity and diabetes, forming a duopoly with Novo Nordisk.
Pipeline DepthA deep late-stage pipeline, including donanemab (Alzheimer's) and oral orforglipron (obesity).
Manufacturing MoatA $9B+ GLP-1 capacity buildout; production capacity itself is a barrier to entry.
Brand and R&D140 years in pharma, with a physician-patient network and an R&D culture.

10-Year Financial Trends

Revenue's 9-year CAGR is +13.3%, but GLP-1 has accelerated it lately—+32% in 2024 and +45% in 2025, reaching $65.2B. Diluted EPS swung from -$0.19 in 2017 (a one-time tax charge) to $11.71 in 2024 and $22.95 in 2025 (+96%), a 9-year CAGR of +27.5%. Operating margin widened to about 40% in 2025 (source: SEC EDGAR 10-K, stockanalysis, company IR).

10-Year Growth

Revenue$65.2B · CAGR +13.3%
$65.2B$0.0B20162025
Operating Income$26.3B · CAGR +42.6%
$26.3B$0.0B20212025
EPS$23.00 · CAGR +27.5%
$23.00-$0.1920162025

10-Year Valuation

P/E (year-end)46.8x · avg 62.3x
103.3x42.3x20212025
ROE101.2% · avg 74.2%
103.8%45.8%20212025
Operating Margin40.3% · avg 27.1%
41.4%17.8%20212025
📊 Annual Data Table (LLY) — expand/collapse
YearRevenue (B$)Op. Income (B$)EPS ($)P/E (x)ROE (%)Op. Margin (%)
201621.22.59
201722.9-0.19
201824.63.14
201922.38.93
202024.56.82
202128.36.366.1545.174.522.5
202228.57.136.935362.725
202334.16.465.82100.548.418.9
20244512.911.7165.984.328.7
202565.226.32346.8101.240.3

Recent Quarterly Operating Income

Quarterly operating income YoY growth:

2021 +16%2022 +1%2023 +20%2024 +32%2025 +45%

9-Year CAGR: Revenue +13.3% · Operating Income Surged (+43%, last 4 yrs) · Net Income +25.3% · EPS +27.5%

Source: SEC EDGAR 10-K, stockanalysis, company IR. Fiscal year (December) GAAP basis; EPS is diluted. Revenue and EPS cover 10 years (SEC); operating income, operating margin, ROE, and P/E cover the last 5 years (stockanalysis) due to data limits.

Mega-Cap Value Metric Comparison

It forms a duopoly with Novo Nordisk (NVO) in the GLP-1 obesity and diabetes market. Eli Lilly's edge is its dual-receptor agonist and deep pipeline, and with a 47.3% TTM operating margin and 107.6% ROE it ranks among pharma's best. Its P/E of 43x is high, though (source: TradingView, industry data).

Metric★ LLYNVOMRK
Operating Margin47.3%~45%~28%
P/E (TTM)43.5~20~13
Revenue YoY Growth+47.4%HighModerate

P/E and operating margin = TTM · Source: TradingView, company filings, 2026-06-26. GLP-1 is an LLY-NVO duopoly.

Key Risk Factors (from 10-K)

High Valuation At ~43x P/E and P/B, much of continued GLP-1 growth is priced in; any shortfall could sink the stock.Source: TradingView
Drug-Pricing Regulation (IRA) Medicare price negotiation could expand, risking margin pressure.Source: Regulators
Competition and Trials Novo Nordisk and Amgen are chasing, and pipeline outcomes (oral GLP-1, Alzheimer's) are uncertain.Source: Company 10-K
✦ ValueCrab Dashboard PreviewLLY $1,208.12 +7.13% · as of 2026-06-26
My portfolio · full stock comparison · live metrics in one viewView in ValueCrab Dashboard →

Value Investing FAQ (LLY)

Q. What are Eli Lilly's (LLY) key value-investing metrics?P/E (TTM) 43.5, ROE 107.6%, operating margin 47.3%, net margin 35.0%, TTM revenue +47.4%, and a 9-year EPS CAGR of +27.5% (source: TradingView, company IR, as of 2026-06-26).
Q. What is GLP-1 and why does it matter?GLP-1 is a class of obesity and diabetes drugs, and Lilly's Mounjaro and Zepbound are its key growth engines. With the global obesity market projected above $100B, it is the source of the revenue and profit surge.
Q. Isn't the stock expensive?At ~43x P/E, much of the growth expectation is priced in. Some see a PEG of about 1.0–1.1 as reasonable versus growth, but a slowdown risks a re-rating. We don't offer valuation calls.

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