Elanco Animal Health [ELAN] vs Viatris [VTRS] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 21 vital metrics comparison: Elanco Animal Health Inc. wins in 6 metrics, Viatris Inc. wins in 14 metrics, with 0 ties. Viatris Inc. appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric Elanco Animal Health Inc. Viatris Inc. Better
P/E Ratio (TTM) 377.14 235.80 Viatris Inc.
Price-to-Book Ratio 1.72 1.15 Viatris Inc.
Debt-to-Equity Ratio 67.89 99.91 Elanco Animal Health Inc.
PEG Ratio 0.14 -7.80 Elanco Animal Health Inc.
EV/EBITDA 16.68 7.62 Viatris Inc.
Profit Margin (TTM) -4.92% -24.58% Elanco Animal Health Inc.
Operating Margin (TTM) 2.27% 7.78% Viatris Inc.
EBITDA Margin (TTM) 2.27% 7.78% Viatris Inc.
Return on Equity -3.67% -21.08% Elanco Animal Health Inc.
Return on Assets (TTM) 1.25% 1.96% Viatris Inc.
Free Cash Flow (TTM) $284.00M $1.85B Viatris Inc.
Dividend Yield N/A 4.02% N/A
1-Year Return 75.02% 84.75% Viatris Inc.
Price-to-Sales Ratio (TTM) 2.39 1.20 Viatris Inc.
Enterprise Value $15.14B $30.17B Viatris Inc.
EV/Revenue Ratio 3.21 2.11 Viatris Inc.
Gross Profit Margin (TTM) 51.49% 30.99% Elanco Animal Health Inc.
Revenue per Share (TTM) $10 $12 Viatris Inc.
Earnings per Share (Diluted) $-0.47 $-3.00 Elanco Animal Health Inc.
Beta (Stock Volatility) 1.88 0.82 Viatris Inc.
Short % of Float 8.13% 2.77% Viatris Inc.

Elanco Animal Health Inc. vs Viatris Inc. Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Elanco Animal Health Inc.0.50%2.58%22.31%3.80%11.94%7.86%
Viatris Inc.-0.97%2.45%-0.97%20.80%39.97%30.98%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Elanco Animal Health Inc.75.02%133.08%-30.33%-29.12%-29.12%-29.12%
Viatris Inc.84.75%60.16%15.57%-63.39%-26.00%-21.07%

Performance & Financial Health Analysis: Elanco Animal Health Inc. vs Viatris Inc.

MetricELANVTRS
Market Information
Market Cap i$11.18B$16.99B
Market Cap CategoryLarge capLarge cap
10 Day Avg. Volume i4,096,5399,279,279
90 Day Avg. Volume i5,352,8909,383,220
Last Close$24.29$16.32
52 Week Range$13.16 - $27.72$8.63 - $17.53
% from 52W High-12.37%-6.90%
All-Time High$37.61 (Sep 24, 2018)$76.69 (Apr 20, 2015)
% from All-Time High-35.42%-78.72%
Growth Metrics
Quarterly Revenue Growth0.12%0.05%
Quarterly Earnings Growth0.12%0.05%
Financial Health
Profit Margin (TTM) i-0.05%-0.25%
Operating Margin (TTM) i0.02%0.08%
Return on Equity (TTM) i-0.04%-0.21%
Debt to Equity (MRQ) i67.8999.91
Cash & Liquidity
Book Value per Share (MRQ)$13.17$12.78
Cash per Share (MRQ)$1.10$1.31
Operating Cash Flow (TTM) i$560.00M$2.32B
Levered Free Cash Flow (TTM) i$559.75M$2.43B
Dividends
Last 12-Month Dividend Yield iN/A4.02%
Last 12-Month Dividend iN/A$0.60

Valuation & Enterprise Metrics Analysis: Elanco Animal Health Inc. vs Viatris Inc.

MetricELAN (Apr 23, 2026)VTRS (Apr 26, 2026)
Price Ratios
P/E Ratio (TTM) i377.14235.80
Forward P/E i19.355.54
PEG Ratio i0.14-7.80
Price to Sales (TTM) i2.391.20
Price to Book (MRQ) i1.721.15
Market Capitalization
Market Capitalization i$11.18B$16.99B
Enterprise Value i$15.14B$30.17B
Enterprise Value Metrics
Enterprise to Revenue i3.212.11
Enterprise to EBITDA i16.687.62
Risk & Other Metrics
Beta i1.880.82
Book Value per Share (MRQ) i$13.17$12.78

Financial Statements Comparison: Elanco Animal Health Inc. vs Viatris Inc.

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricELAN (2025)VTRS (2025)
Revenue/Sales i4.72B14.30B
Cost of Goods Sold i2.12B9.29B
COGS % of Revenue i45.0%64.9%
Gross Profit i2.59B5.01B
Gross Margin i55.0%35.1%
Research & Development i368.00M965.90M
Operating Income (EBIT) i252.00M253.50M
Operating Margin i5.3%1.8%
EBITDA i913.00M2.52B
EBITDA Margin i19.4%17.6%
Pre-Tax Income i-224.00M-3.67B
Pre-Tax Income % of Revenue i-4.8%-25.6%
Income Tax i8.00M-150.10M
Income Tax % of Revenue i0.2%-1.0%
Net Income (Profit) i-232.00M-3.51B
Profit Margin i-4.9%-24.6%

Balance Sheet & Liquidity Metrics

MetricELAN (2025)VTRS (2025)
Cash & Equivalents i545.00M1.32B
Total Current Assets i3.46B9.79B
Total Current Assets % of Revenue i73.3%68.5%
Total Current Liabilities i1.60B7.09B
Total Current Liabilities % of Revenue i33.9%49.6%
Long-Term Debt i3.94B12.66B
Long-Term Debt % of Revenue i83.6%88.5%
Total Shareholders Equity i6.55B14.71B
Retained Earnings i-2.18B-388.30M
Retained Earnings % of Revenue i-46.3%-2.7%
Property, Plant & Equipment i1.33B271.30M

Cash Flow Statement Comparison

MetricELAN (2025)VTRS (2025)
Operating Cash Flow i489.00M-772.70M
Operating Cash Flow % of Revenue i10.4%-5.4%
Capital Expenditures i-276.00M34.90M
Free Cash Flow i284.00M1.85B
FCF Margin i6.0%12.9%
Debt Repayment i-2.92B-100,000
Common Stock Repurchase iN/A-500.50M

Short Interest & Institutional Ownership Analysis

MetricELANVTRS
Shares Short i25.54M32.12M
Short Ratio i4.533.18
Short % of Float i8.13%2.77%
Shares Outstanding i496.98M1.15B
Float Shares i492.68M1.14B
% Held by Insiders i1.19%0.45%
% Held by Institutions i109.45%86.66%
% Held by Public i-10.64%12.89%

Dividend Analysis & Yield Comparison: Elanco Animal Health Inc. vs Viatris Inc.

MetricELANVTRS
Last 12-Month Dividend iN/A$0.60
Last 12-Month Dividend Yield iN/A4.02%
3-Year Avg Annual Dividend iN/A$0.52
3-Year Avg Dividend Yield iN/A1.13%
3-Year Total Dividends iN/A$1.56
Ex-Dividend DateN/AMar 09, 2026