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Operating Margin for Eli Lilly (LLY)

As of · Reported

Metric

TTM

45.9%

YoY change

+6.70pp

Trough year (1993)

10.1%

Peak year (2025)

45.6%

Operating Margin history chart for Eli Lilly (LLY) from 1985 to 2025

Latest: 45.6%

Operating Margin change chart for Eli Lilly (LLY) from 1985 to 2025

Latest: +6.70pp

Operating Margin history table for Eli Lilly (LLY) from 1985 to 2025

  • 202545.6%+6.70pp
  • 202438.9%+7.24pp
  • 202331.6%+1.29pp
  • 202230.3%+2.30pp
  • 202128.0%-1.37pp
  • 202029.4%+2.50pp
  • 201926.9%-1.16pp
  • 201828.0%+6.76pp
  • 201721.3%+3.04pp
  • 201618.2%+0.24pp
  • 201518.0%+1.03pp
  • 201417.0%-7.03pp
  • 201324.0%+1.82pp
  • 201222.2%-3.83pp
  • 201126.0%-3.33pp
  • 201029.3%+0.18pp
  • 200929.2%+2.04pp
  • 200827.1%+1.36pp
  • 200725.8%-0.52pp
  • 200626.3%+1.38pp
  • 200524.9%-1.49pp
  • 200426.4%-1.43pp
  • 200327.8%-2.21pp
  • 200230.0%-2.27pp
  • 200132.3%-0.46pp
  • 200032.8%-0.86pp
  • 199933.6%+3.05pp
  • 199830.6%+0.05pp
  • 199730.5%+1.32pp
  • 199629.2%-0.09pp
  • 199529.3%-2.13pp
  • 199431.4%+21.31pp
  • 199310.1%-8.62pp
  • 199218.7%-12.15pp
  • 199130.9%+1.23pp
  • 199029.7%+1.76pp
  • 198927.9%+2.17pp
  • 198825.7%+9.39pp
  • 198716.3%-6.79pp
  • 198623.1%-0.25pp
  • 198523.4%—

Operating Margin values are taken from Eli Lilly's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Operating Margin at Eli Lilly (LLY)

According to Eli Lilly's latest reported financial statements, the company's latest reported operating margin is 45.9%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

2025's annual operating margin for Eli Lilly (LLY) came in at 45.56% – expanded 6.7 percentage points year-over-year.

Across the available history, operating margin reached its high of 45.56% in 2025 and its low of 10.11% in 1993.

Eli Lilly Operating Margin by Year

Eli Lilly Operating Margin 2025: 45.6%

In 2025, Eli Lilly reported operating margin of 45.56%, expanded 6.7 percentage points from 2024. This figure represents the highest annual value in the available history.

Eli Lilly Operating Margin 2024: 38.9%

Eli Lilly operating margin in 2024 was 38.86%, expanded 7.2 percentage points from 2023.

Eli Lilly Operating Margin 2023: 31.6%

2023's operating margin for Eli Lilly came in at 31.61%, expanded 1.3 percentage points from 2022.

Eli Lilly Operating Margin 2022: 30.3%

Eli Lilly posted operating margin of 30.32% in 2022, expanded 2.3 percentage points from 2021.

Eli Lilly Operating Margin 2021: 28.0%

Eli Lilly operating margin in 2021 was 28.01%.

See more financial history for Eli Lilly (LLY).

Sector peers by Operating Margin

Healthcare peers of Eli Lilly (LLY), ranked by their latest operating margin

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