Elanco Animal Health (ELAN) — Free Cash Flow Generation Index

Latest as of March 2026: -2.92x

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). Read Elanco Animal Health (ELAN) financial obligations for a breakdown of total debt and financial obligations.

FCF Generation Index

-2.92x
Free Cash Flow / Operating CF

Free Cash Flow

$-38.00 Million
USD

Operating Cash Flow

$13.00 Million
USD

Capital Expenditures

$51.00 Million
USD

Elanco Animal Health Free Cash Flow Generation Index (2015–2025)

Historical FCF Generation Index trend for Elanco Animal Health across 10 annual periods. Explore ELAN capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.

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 ELAN stock market capitalisation.

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
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).