Company Valuation: Eli Lilly and Company

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 250,419 347,613 524,224 695,134 962,248 929,092 - -
Change - 38.81% 50.81% 32.6% 38.43% -3.45% - -
Enterprise Value (EV) 1 263,395 361,640 546,522 725,355 962,248 945,449 922,917 902,992
Change - 37.3% 51.12% 32.72% 32.66% -1.75% -2.38% -2.16%
P/E ratio 45.1x 53x 101x 65.9x 46.8x 31.1x 26x 21.4x
PBR 29.4x 32.7x 48.9x 49x - 19x 12.8x 9.19x
PEG - 4.2x -6.3x 1x 0.5x 0.7x 1.3x 1x
Capitalization / Revenue 8.84x 12.2x 15.4x 15.4x 14.8x 11.6x 9.91x 8.71x
EV / Revenue 9.3x 12.7x 16x 16.1x 14.8x 11.8x 9.84x 8.46x
EV / EBITDA 26.3x 38.2x 63.7x 45.1x - 23.7x 19.3x 16.2x
EV / EBIT 31.1x 45.5x 77.4x 50.7x 35.3x 24.8x 20.5x 17.1x
EV / FCF 44.3x 69.1x 690x 193x - 54.9x 34.5x 26.7x
FCF Yield 2.26% 1.45% 0.15% 0.52% - 1.82% 2.9% 3.74%
Dividend per Share 2 3.4 3.92 4.52 5.2 6 6.595 7.37 8.544
Rate of return 1.23% 1.07% 0.78% 0.67% 0.56% 0.63% 0.71% 0.82%
EPS 2 6.12 6.9 5.8 11.71 22.95 33.41 40.01 48.56
Distribution rate 55.6% 56.8% 77.9% 44.4% 26.1% 19.7% 18.4% 17.6%
Net sales 1 28,318 28,541 34,124 45,043 65,179 80,175 93,755 106,730
EBITDA 1 10,005 9,472 8,584 16,079 - 39,894 47,729 55,834
EBIT 1 8,457 7,950 7,057 14,313 27,274 38,065 45,043 52,699
Net income 1 5,582 6,245 5,240 10,590 20,640 30,413 36,107 43,147
Net Debt 1 12,976 14,027 22,298 30,221 - 16,357 -6,175 -26,100
Reference price 2 276.22 365.84 582.92 772.00 1,074.68 1,040.00 1,040.00 1,040.00
Nbr of stocks (in thousands) 906,592 950,178 899,307 900,432 895,381 893,357 - -
Announcement Date 03/02/22 02/02/23 06/02/24 06/02/25 04/02/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
31.13x11.79x23.7x0.63% 929B
22.11x6.52x18.11x2.12% 587B
64.64x7.64x18.92x2.82% 409B
18.87x4.7x11.65x2.79% 374B
32.49x5.82x17.36x1.58% 320B
21.47x6x14.69x2.7% 311B
15.68x5.03x10.97x2.66% 301B
14.81x5.11x10.76x3.49% 219B
28.69x6.7x11.46x2.59% 199B
22.73x7.03x12.85x2.14% 192B
Average 27.26x 6.63x 15.05x 2.35% 384.09B
Weighted average by Cap. 28.77x 7.47x 16.99x 2.05%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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