Eli Lilly and Company (LLY) — Tangible Net Worth Ratio
Eli Lilly and Company (LLY) has a Tangible Net Worth Ratio of 73.0% as of September 2025. This metric is calculated by deducting intangible assets ($6.45 Billion) from net assets ($23.85 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See how liquid is Eli Lilly and Company's working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Eli Lilly and Company Tangible Net Worth Ratio (1985–2024)
This chart shows how Eli Lilly and Company's Tangible Net Worth Ratio has changed across 40 annual periods from 1985 to 2024. As of September 2025, the ratio stands at 73.0%, reflecting net assets of $23.85 Billion with intangible assets of $6.45 Billion USD. See LLY defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Eli Lilly and Company (1985–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Eli Lilly and Company from 1985 to 2024, covering 40 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Eli Lilly and Company (LLY) total market value.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 56.8% | $14.27 Billion | $6.17 Billion | $78.71 Billion | ▲ +20.4 pp |
| 2023 | 36.4% | $10.86 Billion | $6.91 Billion | $64.01 Billion | ▲ +3.3 pp |
| 2022 | 33.1% | $10.78 Billion | $7.21 Billion | $49.49 Billion | ▲ +17.1 pp |
| 2021 | 16.0% | $9.15 Billion | $7.69 Billion | $48.81 Billion | ▲ +43.9 pp |
| 2020 | -27.9% | $5.83 Billion | $7.45 Billion | $46.63 Billion | ▲ +117.3 pp |
| 2019 | -145.2% | $2.70 Billion | $6.62 Billion | $39.29 Billion | ▼ -235.4 pp |
| 2018 | 90.2% | $10.91 Billion | $1.07 Billion | $43.91 Billion | ▲ +24.7 pp |
| 2017 | 65.5% | $11.67 Billion | $4.03 Billion | $44.98 Billion | ▼ -3.6 pp |
| 2016 | 69.1% | $14.08 Billion | $4.36 Billion | $38.81 Billion | ▲ +3.6 pp |
| 2015 | 65.5% | $14.59 Billion | $5.03 Billion | $35.57 Billion | ▼ -15.8 pp |
| 2014 | 81.3% | $15.39 Billion | $2.88 Billion | $36.31 Billion | ▼ -2.8 pp |
| 2013 | 84.0% | $17.64 Billion | $2.81 Billion | $35.25 Billion | ▲ +6.1 pp |
| 2012 | 78.0% | $14.77 Billion | $3.25 Billion | $34.40 Billion | ▲ +5.3 pp |
| 2011 | 72.7% | $13.54 Billion | $3.69 Billion | $33.66 Billion | ▲ +0.1 pp |
| 2010 | 72.7% | $12.41 Billion | $3.39 Billion | $31.00 Billion | ▼ -0.8 pp |
| 2009 | 73.5% | $9.53 Billion | $2.52 Billion | $27.46 Billion | ▲ +16.4 pp |
| 2008 | 57.1% | $6.74 Billion | $2.89 Billion | $29.21 Billion | ▼ -30.1 pp |
| 2007 | 87.3% | $13.42 Billion | $1.71 Billion | $26.79 Billion | ▼ -11.6 pp |
| 2006 | 98.8% | $10.98 Billion | $130.00 Million | $21.96 Billion | ▲ +0.1 pp |
| 2005 | 98.7% | $10.79 Billion | $139.60 Million | $24.58 Billion | ▼ -0.3 pp |
| 2004 | 99.0% | $10.92 Billion | $110.30 Million | $24.87 Billion | ▼ -0.1 pp |
| 2003 | 99.1% | $9.76 Billion | $92.20 Million | $21.68 Billion | ▲ +0.2 pp |
| 2002 | 98.9% | $8.27 Billion | $94.70 Million | $19.04 Billion | ▲ +0.2 pp |
| 2001 | 98.7% | $7.10 Billion | $93.10 Million | $16.43 Billion | ▲ +0.6 pp |
| 2000 | 98.1% | $6.05 Billion | $115.40 Million | $14.69 Billion | ▲ +0.5 pp |
| 1999 | 97.6% | $5.01 Billion | $118.60 Million | $12.83 Billion | ▲ +31.9 pp |
| 1998 | 65.7% | $4.43 Billion | $1.52 Billion | $12.60 Billion | ▼ -2.0 pp |
| 1997 | 67.7% | $4.81 Billion | $1.55 Billion | $12.58 Billion | ▲ +33.8 pp |
| 1996 | 34.0% | $6.10 Billion | $4.03 Billion | $14.31 Billion | ▲ +9.5 pp |
| 1995 | 24.4% | $5.43 Billion | $4.11 Billion | $14.41 Billion | ▲ +6.8 pp |
| 1994 | 17.6% | $5.36 Billion | $4.41 Billion | $14.51 Billion | ▼ -55.3 pp |
| 1993 | 72.9% | $4.57 Billion | $1.24 Billion | $9.62 Billion | ▲ +0.5 pp |
| 1992 | 72.4% | $4.89 Billion | $1.35 Billion | $8.67 Billion | ▼ -1.5 pp |
| 1991 | 73.8% | $4.97 Billion | $1.30 Billion | $8.30 Billion | ▲ +9.1 pp |
| 1990 | 64.7% | $3.47 Billion | $1.22 Billion | $7.14 Billion | ▼ -23.2 pp |
| 1989 | 87.9% | $3.76 Billion | $453.60 Million | $5.85 Billion | ▲ +0.6 pp |
| 1988 | 87.3% | $3.23 Billion | $409.90 Million | $5.26 Billion | ▲ +0.3 pp |
| 1987 | 87.0% | $3.04 Billion | $395.70 Million | $5.25 Billion | ▲ +4.5 pp |
| 1986 | 82.5% | $2.74 Billion | $478.80 Million | $4.60 Billion | ▼ -13.5 pp |
| 1985 | 96.1% | $2.39 Billion | $94.30 Million | $3.95 Billion | — |