Eli Lilly and Company Ratios | P/E, ROE & Valuation

On the Key Ratios page for Eli Lilly and Company (LLY), the latest P/E of 41.8 frames valuation, while ROE 101.30% and ROIC 32.06% indicates profitability and capital efficiency. Together with the current ratio of 1.50 and debt-to-equity 1.39, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

LLY Historical Per Share Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Revenue per Share$80.77$50.01$37.94$30.04$29.69$25.65$23.31$20.91$18.99$19.28
Net Income per Share$28.26$11.76$5.83$6.57$5.85$6.47$8.69$3.14$-0.19$2.49
Operating Cash Flow per Share$22.90$9.79$4.71$7.98$7.72$6.79$5.05$5.38$5.34$4.41
Free Cash Flow per Share$15.18$0.46$-3.50$4.84$5.65$4.67$3.64$2.44$3.28$3.41
Cash per Share$5.90$3.80$3.26$2.33$4.10$3.85$2.55$7.21$7.64$5.49
Book Value per Share$34.88$15.85$12.08$11.34$9.60$6.09$2.82$10.61$11.09$12.79
Tangible Book Value per Share$19.78$2.59$-1.09$-0.53$-2.55$-5.64$-7.94$8.25$3.11$5.22
Interest Debt per Share$49.47$38.22$28.59$17.44$18.06$17.72$16.92$10.26$13.19$9.53
CAPEX per Share$7.71$9.33$8.22$3.14$2.07$2.12$1.41$2.94$2.06$0.99

LLY Historical Valuation Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Price to Earnings (P/E)41.8165.65100.0455.6647.1926.0815.1336.8-435.3429.58
Price to Book (P/B)33.8148.9948.6732.6429.3428.6348.2712.17.665.78
Price to Sales (P/S)15.3715.4415.3612.189.36.585.645.534.453.82
Enterprise Value to EBITDA34.3247.6563.8141.7734.3819.5720.1922.0423.4217.15
EV to Sales15.916.1116.0212.689.767.116.245.674.84.09
EV to Operating Cash Flow56.0882.29128.9347.6937.5426.8428.822.0717.0917.87
EV to Free Cash Flow84.581751.49-173.4478.6451.3239.024048.6427.823.06
Enterprise Value$1148.63B$725.64B$546.67B$361.79B$276.48B$174.45B$139.31B$121.91B$95.96B$86.69B

LLY Historical Profitability Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Return on Equity (ROE)101.30%74.62%48.65%58.64%62.16%109.79%319.09%32.88%-1.76%19.54%
Return on Invested Capital (ROIC)32.06%26.36%19.77%23.45%20.38%18.08%18.20%15.57%-0.47%10.56%
Return on Tangible Assets24.52%15.86%10.05%16.34%15.00%17.49%28.70%7.79%-0.56%8.98%
Earnings Yield2.40%1.52%1.00%1.80%2.12%3.83%6.61%2.72%-0.23%3.38%
Free Cash Flow Yield1.22%0.06%-0.60%1.32%2.05%2.77%2.77%2.11%3.89%4.64%
Dividend Yield0.55%0.67%0.78%1.02%1.17%1.66%1.91%1.94%2.47%2.67%

LLY Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202420232022202120202019201820172016
Current Ratio1.51.150.941.051.231.41.161.731.321.37
Interest Coverage37.522.4222.226.123.3520.0514.9824.8518.8920.9
Income Quality0.810.830.811.211.321.050.581.71-27.511.77
Debt to Equity1.392.372.341.521.882.946.061.051.180.74
Debt to Assets37.20%42.74%39.41%32.81%34.60%35.59%40.23%23.45%30.34%26.56%
Net Debt to EBITDA1.141.992.621.641.621.451.950.541.741.13

LLY Historical Efficiency Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Receivables Turnover3.413.393.013.333.483.544.033.723.84.45
Payables Turnover2.372.612.733.434.383.413.363.883.154.23
Inventory Turnover0.821.111.231.541.881.381.481.5111.6
Days Sales Outstanding106.98107.58121.25109.45104.75103.0690.6298.196.1681.98
Days Payables Outstanding154.03139.99133.94106.2983.38106.95108.6494.11115.7786.25
Days of Inventory on Hand445.01329.05297.52237.27193.96264.95246.68241.54365.87227.68

LLY Historical Market Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Enterprise Value to EBITDA34.3247.6563.8141.7734.3819.5720.1922.0423.4217.15
Market Cap$1110.40B$695.27B$524.27B$347.61B$263.42B$161.51B$125.85B$118.93B$88.85B$80.97B
Enterprise Value$1148.63B$725.64B$546.67B$361.79B$276.48B$174.45B$139.31B$121.91B$95.96B$86.69B
Dividend Yield0.55%0.67%0.78%1.02%1.17%1.66%1.91%1.94%2.47%2.67%
Payout Ratio22.10%44.20%77.65%56.62%55.30%43.38%28.97%71.53%-1074.03%78.85%

Frequently Asked Questions

Is Eli Lilly and Company stock overvalued based on its P/E ratio?

On this page, LLY's current P/E is 41.8, compared with a multi-year average around 46.4. When the current P/E sits near its historical average, valuation may be broadly "in line." Investors typically then focus on trend direction (whether profitability and cash-flow metrics are improving) and balance-sheet risk (liquidity and leverage) rather than treating the P/E in isolation.

What is Eli Lilly and Company market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $1.11T. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

What is a good P/E ratio for Eli Lilly and Company compared to its industry?

There isn't one universal "good" P/E - P/E should be judged against the business model and expected growth for its sector. A practical approach is: (1) compare the P/E on this page to Eli Lilly and Company's own historical range (shown across the table's rows), and (2) benchmark against peer companies using the Screener's P/E filters and the Peers Comparison/Compare tools. If profitability (ROE/ROIC) and cash-flow strength are improving, a higher P/E can be more defensible; if returns are slipping, even a lower P/E may be a value trap.

How does Eli Lilly and Company compare to its competitors in key financial ratios?

The fastest way to compare Eli Lilly and Company with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see Eli Lilly and Company outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

Is Eli Lilly and Company financially strong based on its ratios?

To assess whether Eli Lilly and Company is financially strong, review both profitability and balance-sheet risk together. Current ratio is about 1.50, which is above 1.0 and can indicate more comfortable short-term liquidity. Interest coverage is about 37.50, implying a stronger ability to cover interest expenses. Debt-to-equity is about 1.39, suggesting leverage is more moderate relative to a high-debt profile. Then confirm the same story is supported by ROE/ROIC (quality of earnings) and by cash-flow backed metrics in the table.

What do Eli Lilly and Company's financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If Eli Lilly and Company is sustaining strong returns (for example ROE at 101.30% and ROIC at 32.06%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.