TORVANTA
Health Care · S&P 500 · data as of 2026-10-05

LLY stock analysis: Eli Lilly

Eli Lilly (LLY) is an S&P 500 company in Pharmaceuticals. It grades strongest on profitability and growth and weakest on value.

The model's view of LLY · subscribers

Where LLY ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with LLY · updated 2026-10-05 · from prices and SEC filings

LLY price performance

LLY against the S&P 500, one year
+0%+25%+50%+75%LLY +58%S&P 500 +18%2025-09-292026-10-05
Year to date+6.9%S&P 500 +14.5% · behind by 7.6 pts
1 year+37.0%S&P 500 +17.0% · ahead by 19.9 pts
3 years+115.5%S&P 500 +89.3% · ahead by 26.2 pts
5 years+417.9%S&P 500 +91.3% · ahead by 326.6 pts

Total returns with dividends reinvested.

LLY factor grades

Each grade compares LLY with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

C-ValueP/E 38.4x (industry 32.7x)FCF yield 2.6% (industry 7.0%)
A+GrowthRevenue growth +50% (industry +4%)EPS growth +95% (industry -2%)
A+Profitability
CMomentum12-month change +37%From 52-wk high -11%

LLY in plain numbers

LLY key statistics

SectorHealth Care
IndustryPharmaceuticals
IndexS&P 500
Market value$1.1T
Revenue growth (y/y)+50%
Free-cash-flow yield2.6%
Dividend yield0.6%
Next earnings (expected)2026-10-29
Valuation measures
Market value$1.08T
Enterprise value$1.12T
P/E (trailing)38.4x
Forward P/E (Torvanta estimate)30.6x
PEG (Torvanta estimate)1.21
Price / sales13.5x
Price / book31.8x
EV / revenue14.1x
Financial highlights
Revenue, last 12 months$79.7B
Net income, last 12 months$26.7B
EPS, last 12 months (GAAP)$29.80
Gross margin83.4%
Net margin33.5%
Return on equity102.4%
Cash$8.9B
Total debt$54.9B
Debt / equity1.62x
Current ratio1.35x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

LLY earnings trends

Revenue vs earnings
$0$5.7B$11.5B$17.2B$23.0BSep 2024 Revenue: $11.4BDec 2024 Revenue: $13.5BMar 2025 Revenue: $12.7BJun 2025 Revenue: $15.6BSep 2025 Revenue: $17.6BDec 2025 Revenue: $19.3BMar 2026 Revenue: $19.8BJun 2026 Revenue: $23.0BSep 2024 Net income: $1.0BDec 2024 Net income: $4.4BMar 2025 Net income: $2.8BJun 2025 Net income: $5.7BSep 2025 Net income: $5.6BDec 2025 Net income: $6.6BMar 2026 Net income: $7.4BJun 2026 Net income: $7.1BSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 8.5%Net margin: 32.6%Net margin: 21.7%Net margin: 36.4%Net margin: 31.7%Net margin: 34.4%Net margin: 37.4%Net margin: 30.9%0%19%37%■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$2.1$4.1$6.2$8.3Sep 2024 EPS (GAAP, diluted): $1.1Dec 2024 EPS (GAAP, diluted): $4.9Mar 2025 EPS (GAAP, diluted): $3.1Jun 2025 EPS (GAAP, diluted): $6.3Sep 2025 EPS (GAAP, diluted): $6.2Dec 2025 EPS (GAAP, diluted): $7.4Mar 2026 EPS (GAAP, diluted): $8.3Jun 2026 EPS (GAAP, diluted): $7.9Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Sep 2025 +480% · Dec 2025 +51% · Mar 2026 +170% · Jun 2026 +26%

From the company's 10-Q and 10-K filings with the SEC.

Eli Lilly financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$28.3B$28.5B$34.1B$45.0B$65.2B
Net income$5.6B$6.2B$5.2B$10.6B$20.6B
EPS (GAAP)$6.13$6.90$5.80$11.71$22.95

LLY earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-08-05$7.94+26%+48%+7.2%
2026-04-30$8.26+170%+56%+11.9%
2026-02-04$7.39+51%+43%+3.5%
2025-10-30$6.21+480%+54%+6.8%
2025-08-07$6.29+92%+38%-16.9%
2025-05-01$3.06+23%+45%-10.6%

About Eli Lilly

HeadquartersIndianapolis, IN
Industry (SEC code)Pharmaceutical Preparations
Fiscal year endsDecember 31
Incorporated inIN
Listed onNYSE
FormerlyLILLY ELI & CO, LILLY ELI & CO ET AL

From the company's SEC registration record.

Companies similar to LLY

CompanyMarket valueP/ERevenue growthOperating margin12-month change
LLY Eli Lilly$1.1T38.4x+50%n/a+37%
JNJ Johnson & Johnson$609.5B29.3x+8%n/a+37%compare
MRK Merck$344.3B110.7x+5%n/a+61%compare
PFE Pfizer$156.2B36.1x-0%n/a+7%compare
BMY Bristol-Myers Squibb$120.1B13.0x+3%n/a+35%
ZTS Zoetis$29.5B11.8x+1%n/a-50%
VTRS Viatris$20.2Bn/a+4%-0.6%+79%

All Health Care stock ratings

Frequently asked questions

Is LLY stock a buy?

Torvanta does not tell individuals what to buy. Its grades for LLY are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is LLY's P/E ratio?

LLY trades at about 38.4 times its last 12 months of GAAP earnings reported to the SEC, and about 30.6 times Torvanta's own estimate of the next 12 months.

When does LLY report earnings next?

Based on its filing history, Torvanta expects Eli Lilly to report around 2026-10-29.

Does LLY pay a dividend?

Yes. Its dividend yield is about 0.6%, and it has raised its dividend 11 years in a row.

How has LLY performed against the S&P 500?

Over the past year LLY returned +37.0%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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