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Side-by-side financial comparison of JBS N.V. (JBS) and Lilly (Eli) (LLY). Click either name above to swap in a different company.

JBS N.V. is the larger business by last-quarter revenue ($22.6B vs $19.3B, roughly 1.2× Lilly (Eli)). Lilly (Eli) runs the higher net margin — 34.4% vs 2.9%, a 31.6% gap on every dollar of revenue. On growth, Lilly (Eli) posted the faster year-over-year revenue change (42.6% vs 13.4%).

JBS N.V. is a Brazilian multinational company that is the largest meat processing enterprise in the world, producing factory processed beef, chicken, salmon, sheep, pork, and also selling by-products from the processing of these meats. It is headquartered in São Paulo. It was founded in 1953 in Anápolis, Goiás.

Eli Lilly and Company, doing business as Lilly, is an American multinational pharmaceutical company headquartered in Indianapolis, Indiana, with offices in 18 countries. Its products are sold in approximately 125 countries. The company was founded in 1876 by Eli Lilly, a pharmaceutical chemist and Union army veteran during the American Civil War for whom the company was later named.

JBS vs LLY — Head-to-Head

Bigger by revenue
JBS
JBS
1.2× larger
JBS
$22.6B
$19.3B
LLY
Growing faster (revenue YoY)
LLY
LLY
+29.2% gap
LLY
42.6%
13.4%
JBS
Higher net margin
LLY
LLY
31.6% more per $
LLY
34.4%
2.9%
JBS

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
JBS
JBS
LLY
LLY
Revenue
$22.6B
$19.3B
Net Profit
$644.1M
$6.6B
Gross Margin
13.2%
82.5%
Operating Margin
5.4%
42.8%
Net Margin
2.9%
34.4%
Revenue YoY
13.4%
42.6%
Net Profit YoY
-14.9%
50.5%
EPS (diluted)
$0.52
$7.39

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
JBS
JBS
LLY
LLY
Q4 25
$19.3B
Q3 25
$22.6B
$17.6B
Q2 25
$15.6B
Q1 25
$12.7B
Q4 24
$13.5B
Q3 24
$19.9B
$11.4B
Q2 24
$11.3B
Q1 24
$8.8B
Net Profit
JBS
JBS
LLY
LLY
Q4 25
$6.6B
Q3 25
$644.1M
$5.6B
Q2 25
$5.7B
Q1 25
$2.8B
Q4 24
$4.4B
Q3 24
$756.6M
$970.3M
Q2 24
$3.0B
Q1 24
$2.2B
Gross Margin
JBS
JBS
LLY
LLY
Q4 25
82.5%
Q3 25
13.2%
82.9%
Q2 25
84.3%
Q1 25
82.5%
Q4 24
82.2%
Q3 24
16.5%
81.0%
Q2 24
80.8%
Q1 24
80.9%
Operating Margin
JBS
JBS
LLY
LLY
Q4 25
42.8%
Q3 25
5.4%
41.1%
Q2 25
43.6%
Q1 25
27.2%
Q4 24
37.2%
Q3 24
7.8%
13.9%
Q2 24
31.1%
Q1 24
28.9%
Net Margin
JBS
JBS
LLY
LLY
Q4 25
34.4%
Q3 25
2.9%
31.7%
Q2 25
36.4%
Q1 25
21.7%
Q4 24
32.6%
Q3 24
3.8%
8.5%
Q2 24
26.3%
Q1 24
25.6%
EPS (diluted)
JBS
JBS
LLY
LLY
Q4 25
$7.39
Q3 25
$0.52
$6.21
Q2 25
$6.29
Q1 25
$3.06
Q4 24
$4.88
Q3 24
$0.62
$1.07
Q2 24
$3.28
Q1 24
$2.48

Balance Sheet & Financial Strength

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

Metric
JBS
JBS
LLY
LLY
Cash + ST InvestmentsLiquidity on hand
$485.5B
$7.3B
Total DebtLower is stronger
$213.0M
Stockholders' EquityBook value
$9.5B
$26.5B
Total Assets
$44.2B
$112.5B
Debt / EquityLower = less leverage
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JBS
JBS
LLY
LLY
Q4 25
$7.3B
Q3 25
$485.5B
$9.9B
Q2 25
$3.5B
Q1 25
$3.2B
Q4 24
$3.4B
Q3 24
$5.1B
$3.5B
Q2 24
$3.4B
Q1 24
$2.6B
Total Debt
JBS
JBS
LLY
LLY
Q4 25
Q3 25
$213.0M
Q2 25
Q1 25
Q4 24
$29.5B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
JBS
JBS
LLY
LLY
Q4 25
$26.5B
Q3 25
$9.5B
$23.8B
Q2 25
$18.3B
Q1 25
$15.8B
Q4 24
$14.2B
Q3 24
$9.5B
$14.2B
Q2 24
$13.6B
Q1 24
$12.8B
Total Assets
JBS
JBS
LLY
LLY
Q4 25
$112.5B
Q3 25
$44.2B
$114.9B
Q2 25
$100.9B
Q1 25
$89.4B
Q4 24
$78.7B
Q3 24
$75.6B
Q2 24
$71.9B
Q1 24
$63.9B
Debt / Equity
JBS
JBS
LLY
LLY
Q4 25
Q3 25
0.02×
Q2 25
Q1 25
Q4 24
2.08×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
JBS
JBS
LLY
LLY
Operating Cash FlowLast quarter
$996.4M
$3.2B
Free Cash FlowOCF − Capex
$-264.6M
FCF MarginFCF / Revenue
-1.2%
Capex IntensityCapex / Revenue
5.6%
Cash ConversionOCF / Net Profit
1.55×
0.49×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JBS
JBS
LLY
LLY
Q4 25
$3.2B
Q3 25
$996.4M
$8.8B
Q2 25
$3.1B
Q1 25
$1.7B
Q4 24
$2.5B
Q3 24
$3.7B
Q2 24
$1.5B
Q1 24
$1.2B
Free Cash Flow
JBS
JBS
LLY
LLY
Q4 25
Q3 25
$-264.6M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
JBS
JBS
LLY
LLY
Q4 25
Q3 25
-1.2%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
JBS
JBS
LLY
LLY
Q4 25
Q3 25
5.6%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
JBS
JBS
LLY
LLY
Q4 25
0.49×
Q3 25
1.55×
1.58×
Q2 25
0.55×
Q1 25
0.60×
Q4 24
0.56×
Q3 24
3.83×
Q2 24
0.49×
Q1 24
0.52×

Financial Flow Comparison

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

Revenue Breakdown by Segment

JBS
JBS

Segment breakdown not available.

LLY
LLY

Other$5.4B28%
Zepbound$4.2B22%
Mounjaro$4.1B21%
Verzenio$997.1M5%
Collaborationand Other Revenue$991.7M5%
Taltz$724.3M4%
Trulicity$692.8M4%
Other Cardiometabolic Health$524.5M3%
Other Oncology$514.8M3%
Jardiance$465.8M2%
Neuroscience$320.2M2%
Other Immunology$187.3M1%
Other Product Total$77.0M0%

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