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Eli Lilly and CoXSWX:LLY 100 Debt-to-Equity is 1.39 as of Mar. 2026, which is 24% below its 10-year median of 1.84. GuruFocus rates XSWX:LLY with a GF Score™ of 100/100 and a GF Value™ of CHF1,133.11 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 812 Drug Manufacturers companies, Eli Lilly and Co ranks worse than 91.63% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Eli Lilly and Co's Debt-to-Equity or its related term are showing as below:
XSWX:LLY'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.6 Med: 1.84 Max: 6.64
Current: 1.39
During the past 13 years, the highest Debt-to-Equity Ratio of Eli Lilly and Co was 6.64. The lowest was 0.60. And the median was 1.84.
XSWX:LLY's Debt-to-Equity is ranked worse than 91.63% of 812
companies
in the Drug Manufacturers industry
Industry Median: 0.27
vs XSWX:LLY: 1.39
Eli Lilly and Co (XSWX:LLY) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Eli Lilly and Co Debt-to-Equity Related Terms
Eli Lilly and Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Eli Lilly and Co's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
XSWX:LLY vs JNJ, ABBV, MRK: Debt-to-Equity Comparison
For the Drug Manufacturers - General subindustry, Eli Lilly and Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Eli Lilly and Co Debt-to-Equity vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Eli Lilly and Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Eli Lilly and Co's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Eli Lilly and Co (XSWX:LLY) has a Debt-to-Equity of 1.39 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Eli Lilly and Co and its competitors. This is 24% below median its historical median of 1.84. Over the past decade, Eli Lilly and Co's Debt-to-Equity has ranged from 0.60 to 6.64. According to the industry distribution chart, Eli Lilly and Co ranks #744 out of 812 companies in the Drug Manufacturers industry, placing it in the top 91.6%.
Is Eli Lilly and Co's Debt-to-Equity too high?
Eli Lilly and Co's current Debt-to-Equity of 1.39 is 24% below median its 10-year median of 1.84. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 6.64. The Drug Manufacturers industry median Debt-to-Equity is 0.27. Eli Lilly and Co's value of 1.39 is 414.8% above this industry median. Based on the distribution chart, Eli Lilly and Co ranks #744 out of 812 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Eli Lilly and Co has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eli Lilly and Co's Debt-to-Equity compare to JNJ and ABBV?
According to the Drug Manufacturers industry distribution chart, Eli Lilly and Co ranks #744 out of 812 companies for Debt-to-Equity. This places Eli Lilly and Co in the lower half of its industry. The industry median Debt-to-Equity is 0.27. Eli Lilly and Co's value of 1.39 is 414.8% above this benchmark. Historically, Eli Lilly and Co's own Debt-to-Equity has ranged from 0.60 to 6.64 over the past decade. While the company's 10-year median is 1.84 vs. the industry median of 0.27, Eli Lilly and Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Drug Manufacturers company?
The median Debt-to-Equity among Drug Manufacturers companies is 0.27, based on 812 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Eli Lilly and Co's current Debt-to-Equity of 1.39 is 414.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Eli Lilly and Co and its competitors. For the Drug Manufacturers industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eli Lilly and Co's current Debt-to-Equity is 1.39, which is 24% below median its own 10-year median of 1.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eli Lilly and Co stock overvalued right now?
Based on GuruFocus' analysis, Eli Lilly and Co (XSWX:LLY) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF1,133.11, compared to a current price of CHF965.00 — trading 14.8% below its estimated fair value. The current Debt-to-Equity is 1.39, which is 24% below median its 10-year median of 1.84 and 414.8% above the Drug Manufacturers industry median of 0.27. Eli Lilly and Co's overall GF Score™ is 100/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Eli Lilly and Co (XSWX:LLY), the current Debt-to-Equity is 1.39 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Eli Lilly and Co (XSWX:LLY) Overvalued in 2026?
Based on GuruFocus' analysis, Eli Lilly and Co stock appears to be undervalued.
The current stock price of CHF965.00 is trading 14.8% below its estimated GF Value™ of CHF1,133.11.
GuruFocus considers Eli Lilly and Co to be Modestly Undervalued.
Key valuation signals for XSWX:LLY:
Debt-to-Equity: 1.39 (24% below median its 10-year median of 1.84)
GF Value™: CHF1,133.11 vs. price of CHF965.00 (14.8% below fair value)
Industry Position: 414.8% above the Drug Manufacturers median (#744 of 812)
No single metric tells the full story. See the XSWX:LLY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eli Lilly is a drug firm with a focus on neuroscience, cardiometabolic, cancer, and immunology. Lilly's key products include Verzenio and Jaypirca for cancer; Mounjaro, Zepbound, Foundayo, Jardiance, Trulicity, Humalog, and Humulin for cardiometabolic; and Taltz and Olumiant for immunology.
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