Elanco Animal Health (ELAN) — Free Cash Flow Generation Index
Elanco Animal Health (ELAN) has a Free Cash Flow Generation Index of -2.92x as of March 2026. Free cash flow of $-38.00 Million represents -3% of operating cash flow ($13.00 Million). See ELAN working capital ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Elanco Animal Health Free Cash Flow Generation Index (2015–2025)
Historical FCF Generation Index trend for Elanco Animal Health across 10 annual periods. Explore Elanco Animal Health cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Elanco Animal Health (2015–2025)
Year-by-year Free Cash Flow Generation Index for Elanco Animal Health. For the full company profile including market capitalisation, see market value of Elanco Animal Health.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.51x | $284.00 Million | $560.00 Million | $276.00 Million | ▼ -30.4% |
| 2024 | 0.73x | $394.00 Million | $541.00 Million | $147.00 Million | ▲ +68.7% |
| 2023 | 0.43x | $117.00 Million | $271.00 Million | $154.00 Million | ▼ -27.2% |
| 2022 | 0.59x | $268.00 Million | $452.00 Million | $184.00 Million | ▲ +0.1% |
| 2021 | 0.59x | $286.00 Million | $483.00 Million | $197.00 Million | ▲ +397.0% |
| 2019 | 0.12x | $26.70 Million | $224.10 Million | $197.40 Million | ▼ -83.5% |
| 2018 | 0.72x | $352.80 Million | $487.30 Million | $134.50 Million | ▲ +67.3% |
| 2017 | 0.43x | $75.20 Million | $173.80 Million | $98.60 Million | ▲ +47.9% |
| 2016 | 0.29x | $45.60 Million | $155.90 Million | $110.30 Million | ▲ +102.1% |
| 2015 | -14.17x | $-93.50 Million | $6.60 Million | $100.10 Million | — |