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Side-by-side financial comparison of Elanco Animal Health Inc (ELAN) and Roper Technologies (ROP). Click either name above to swap in a different company.

Roper Technologies is the larger business by last-quarter revenue ($2.1B vs $1.1B, roughly 1.8× Elanco Animal Health Inc). Roper Technologies runs the higher net margin — 15.8% vs -24.1%, a 39.9% gap on every dollar of revenue. On growth, Elanco Animal Health Inc posted the faster year-over-year revenue change (12.2% vs 11.3%). Roper Technologies produced more free cash flow last quarter ($507.0M vs $46.0M). Over the past eight quarters, Roper Technologies's revenue compounded faster (10.5% CAGR vs -2.6%).

Elanco Animal Health Incorporated is an American pharmaceutical company which produces medicines and vaccinations for pets and livestock. Until 2019, the company was a subsidiary of Eli Lilly and Company, before being divested. It is the third-largest animal health company in the world.

ELAN vs ROP — Head-to-Head

Bigger by revenue
ROP
ROP
1.8× larger
ROP
$2.1B
$1.1B
ELAN
Growing faster (revenue YoY)
ELAN
ELAN
+0.9% gap
ELAN
12.2%
11.3%
ROP
Higher net margin
ROP
ROP
39.9% more per $
ROP
15.8%
-24.1%
ELAN
More free cash flow
ROP
ROP
$461.0M more FCF
ROP
$507.0M
$46.0M
ELAN
Faster 2-yr revenue CAGR
ROP
ROP
Annualised
ROP
10.5%
-2.6%
ELAN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ELAN
ELAN
ROP
ROP
Revenue
$1.1B
$2.1B
Net Profit
$-276.0M
$331.0M
Gross Margin
51.5%
69.4%
Operating Margin
-22.6%
27.2%
Net Margin
-24.1%
15.8%
Revenue YoY
12.2%
11.3%
Net Profit YoY
-3350.0%
53.7%
EPS (diluted)
$-0.55
$4.87

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ELAN
ELAN
ROP
ROP
Q1 26
$2.1B
Q4 25
$1.1B
$2.1B
Q3 25
$1.1B
$2.0B
Q2 25
$1.2B
$1.9B
Q1 25
$1.2B
$1.9B
Q4 24
$1.0B
$1.9B
Q3 24
$1.0B
$1.8B
Q2 24
$1.2B
$1.7B
Net Profit
ELAN
ELAN
ROP
ROP
Q1 26
$331.0M
Q4 25
$-276.0M
$428.4M
Q3 25
$-34.0M
$398.5M
Q2 25
$11.0M
$378.3M
Q1 25
$67.0M
$331.1M
Q4 24
$-8.0M
$462.3M
Q3 24
$364.0M
$367.9M
Q2 24
$-50.0M
$337.1M
Gross Margin
ELAN
ELAN
ROP
ROP
Q1 26
69.4%
Q4 25
51.5%
69.5%
Q3 25
53.4%
69.5%
Q2 25
57.5%
69.2%
Q1 25
57.3%
68.7%
Q4 24
50.9%
68.3%
Q3 24
52.2%
69.2%
Q2 24
58.2%
69.5%
Operating Margin
ELAN
ELAN
ROP
ROP
Q1 26
27.2%
Q4 25
-22.6%
28.6%
Q3 25
-4.4%
28.4%
Q2 25
2.0%
28.2%
Q1 25
5.0%
27.9%
Q4 24
-5.0%
28.0%
Q3 24
54.3%
28.1%
Q2 24
-2.7%
28.8%
Net Margin
ELAN
ELAN
ROP
ROP
Q1 26
15.8%
Q4 25
-24.1%
20.8%
Q3 25
-3.0%
19.8%
Q2 25
0.9%
19.5%
Q1 25
5.6%
17.6%
Q4 24
-0.8%
24.6%
Q3 24
35.3%
20.8%
Q2 24
-4.2%
19.6%
EPS (diluted)
ELAN
ELAN
ROP
ROP
Q1 26
$4.87
Q4 25
$-0.55
$3.97
Q3 25
$-0.07
$3.68
Q2 25
$0.02
$3.49
Q1 25
$0.13
$3.06
Q4 24
$-0.01
$4.29
Q3 24
$0.73
$3.40
Q2 24
$-0.10
$3.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ELAN
ELAN
ROP
ROP
Cash + ST InvestmentsLiquidity on hand
$545.0M
$382.9M
Total DebtLower is stronger
$3.9B
$9.7B
Stockholders' EquityBook value
$6.5B
$18.8B
Total Assets
$13.4B
$34.6B
Debt / EquityLower = less leverage
0.60×
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ELAN
ELAN
ROP
ROP
Q1 26
$382.9M
Q4 25
$545.0M
$297.4M
Q3 25
$505.0M
$320.0M
Q2 25
$539.0M
$242.4M
Q1 25
$487.0M
$372.8M
Q4 24
$468.0M
$188.2M
Q3 24
$490.0M
$269.6M
Q2 24
$416.0M
$251.5M
Total Debt
ELAN
ELAN
ROP
ROP
Q1 26
$9.7B
Q4 25
$3.9B
$9.3B
Q3 25
$4.0B
Q2 25
$4.1B
Q1 25
$4.4B
Q4 24
$4.3B
$7.6B
Q3 24
$4.4B
Q2 24
$5.7B
Stockholders' Equity
ELAN
ELAN
ROP
ROP
Q1 26
$18.8B
Q4 25
$6.5B
$19.9B
Q3 25
$6.7B
$20.0B
Q2 25
$6.8B
$19.6B
Q1 25
$6.4B
$19.2B
Q4 24
$6.1B
$18.9B
Q3 24
$6.5B
$18.5B
Q2 24
$5.9B
$18.1B
Total Assets
ELAN
ELAN
ROP
ROP
Q1 26
$34.6B
Q4 25
$13.4B
$34.6B
Q3 25
$13.6B
$34.6B
Q2 25
$13.7B
$33.2B
Q1 25
$12.9B
$31.4B
Q4 24
$12.6B
$31.3B
Q3 24
$13.3B
$31.6B
Q2 24
$13.8B
$29.8B
Debt / Equity
ELAN
ELAN
ROP
ROP
Q1 26
0.52×
Q4 25
0.60×
0.47×
Q3 25
0.59×
Q2 25
0.61×
Q1 25
0.69×
Q4 24
0.70×
0.40×
Q3 24
0.67×
Q2 24
0.96×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ELAN
ELAN
ROP
ROP
Operating Cash FlowLast quarter
$108.0M
Free Cash FlowOCF − Capex
$46.0M
$507.0M
FCF MarginFCF / Revenue
4.0%
24.2%
Capex IntensityCapex / Revenue
5.4%
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$284.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ELAN
ELAN
ROP
ROP
Q1 26
Q4 25
$108.0M
$738.0M
Q3 25
$219.0M
$869.5M
Q2 25
$237.0M
$404.1M
Q1 25
$-4.0M
$528.7M
Q4 24
$177.0M
$722.2M
Q3 24
$162.0M
$755.4M
Q2 24
$200.0M
$384.1M
Free Cash Flow
ELAN
ELAN
ROP
ROP
Q1 26
$507.0M
Q4 25
$46.0M
Q3 25
$127.0M
Q2 25
$180.0M
Q1 25
$-69.0M
Q4 24
$130.0M
Q3 24
$120.0M
Q2 24
$166.0M
FCF Margin
ELAN
ELAN
ROP
ROP
Q1 26
24.2%
Q4 25
4.0%
Q3 25
11.2%
Q2 25
14.5%
Q1 25
-5.8%
Q4 24
12.7%
Q3 24
11.7%
Q2 24
14.0%
Capex Intensity
ELAN
ELAN
ROP
ROP
Q1 26
0.5%
Q4 25
5.4%
Q3 25
8.1%
Q2 25
4.6%
Q1 25
5.4%
Q4 24
4.6%
Q3 24
4.1%
Q2 24
2.9%
Cash Conversion
ELAN
ELAN
ROP
ROP
Q1 26
Q4 25
1.72×
Q3 25
2.18×
Q2 25
21.55×
1.07×
Q1 25
-0.06×
1.60×
Q4 24
1.56×
Q3 24
0.45×
2.05×
Q2 24
1.14×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ELAN
ELAN

Pet Health$489.0M43%
Cattle$296.0M26%
Poultry$237.0M21%
Swine$107.0M9%
Contract Manufacturing$15.0M1%

ROP
ROP

Segment breakdown not available.

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