Eli Lilly and Co (HAM:LLY) Enterprise Value: €981,779 Mil (As of Jun. 27, 2026) ***


HAM:LLY Eli Lilly and Co HAM:LLY
98 GF Score
Price €1,039.40
GF Value €1,212.75
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Eli Lilly and Co Enterprise Value?

Eli Lilly and Co HAM:LLY +3.96% 98 Enterprise Value is €981,779 Mil as of Jun. 27, 2026. GuruFocus rates HAM:LLY with a GF Score™ of 98/100 and a GF Value™ of €1,212.75 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Eli Lilly and Co's Enterprise Value is €981,779 Mil. Eli Lilly and Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €30,735 Mil. Therefore, Eli Lilly and Co's EV-to-EBIT ratio for today is 31.94.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Eli Lilly and Co's Enterprise Value is €981,779 Mil. Eli Lilly and Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €32,491 Mil. Therefore, Eli Lilly and Co's EV-to-EBITDA ratio for today is 30.22.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Eli Lilly and Co's Enterprise Value is €981,779 Mil. Eli Lilly and Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €62,086 Mil. Therefore, Eli Lilly and Co's EV-to-Revenue ratio for today is 15.81.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Eli Lilly and Co's Enterprise Value is €981,779 Mil. Eli Lilly and Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €17,571 Mil. Therefore, Eli Lilly and Co's EV-to-OCF ratio for today is 55.87.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Eli Lilly and Co's Enterprise Value is €981,779 Mil. Eli Lilly and Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €8,890 Mil. Therefore, Eli Lilly and Co's EV-to-FCF ratio for today is 110.44.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Eli Lilly and Co  (HAM:LLY) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Eli Lilly and Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=981779.206/30735.231
=31.94

Eli Lilly and Co's current Enterprise Value is €981,779 Mil.
Eli Lilly and Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €30,735 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Eli Lilly and Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=981779.206/32490.83
=30.22

Eli Lilly and Co's current Enterprise Value is €981,779 Mil.
Eli Lilly and Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €32,491 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Eli Lilly and Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=981779.206/62085.911
=15.81

Eli Lilly and Co's current Enterprise Value is €981,779 Mil.
Eli Lilly and Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €62,086 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Eli Lilly and Co's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=981779.206/17571.035
=55.87

Eli Lilly and Co's current Enterprise Value is €981,779 Mil.
Eli Lilly and Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €17,571 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Eli Lilly and Co's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=981779.206/8889.729
=110.44

Eli Lilly and Co's current Enterprise Value is €981,779 Mil.
Eli Lilly and Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €8,890 Mil.

* 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 Enterprise Value Related Terms


Eli Lilly and Co Enterprise Value Historical Data

* Premium members only.

The historical data trend for Eli Lilly and Co's Enterprise Value 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.

Eli Lilly and Co Enterprise Value Chart

Eli Lilly and Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 245,665.70 339,557.35 492,705.06 700,457.26 848,922.17

Eli Lilly and Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 706,021.41 624,932.99 585,300.17 848,922.17 739,883.32

HAM:LLY vs JNJ, ABBV, MRK: Enterprise Value Comparison

For the Drug Manufacturers - General subindustry, Eli Lilly and Co's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Eli Lilly and Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Eli Lilly and Co's Enterprise Value falls into.


HAM:LLY
98GF Score
Eli Lilly and Co HAM:LLY
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Eli Lilly and Co Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Eli Lilly and Co's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Eli Lilly and Co's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of €981,779 Mil mean?
Eli Lilly and Co (HAM:LLY) has a Enterprise Value of €981,779 Mil as of Jun. 27, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Eli Lilly and Co and its competitors.
Is Eli Lilly and Co's Enterprise Value too high?
Eli Lilly and Co's current Enterprise Value is €981,779 Mil. Overall, Eli Lilly and Co has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eli Lilly and Co's Enterprise Value compare to JNJ and ABBV?
Eli Lilly and Co's Enterprise Value of €981,779 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Drug Manufacturers company?
A good Enterprise Value depends on the Drug Manufacturers industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Eli Lilly and Co and its competitors. Eli Lilly and Co's current Enterprise Value is €981,779 Mil. 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 (HAM:LLY) is currently considered Modestly Undervalued. The stock's GF Value™ is €1,212.75, compared to a current price of €1,039.40 — trading 14.3% below its estimated fair value. The current Enterprise Value is €981,779 Mil. Eli Lilly and Co's overall GF Score™ is 98/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Eli Lilly and Co (HAM:LLY), the current Enterprise Value is €981,779 Mil as of Jun. 27, 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 (HAM:LLY) Overvalued in 2026?

Based on GuruFocus' analysis, Eli Lilly and Co stock appears to be undervalued. The current stock price of €1,039.40 is trading 14.3% below its estimated GF Value™ of €1,212.75. GuruFocus considers Eli Lilly and Co to be Modestly Undervalued.

Key valuation signals for HAM:LLY:

  • Enterprise Value: €981,779 Mil
  • GF Value™: €1,212.75 vs. price of €1,039.40 (14.3% below fair value)
  • GF Score™: 98/100 with 6 warning signs

No single metric tells the full story. See the HAM:LLY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eli Lilly and Co Business Description

Address Lilly Corporate Center, Indianapolis, IN, USA, 46285
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.
98GF Score

Get the complete analysis for HAM:LLY

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1,039.40
Price
€1,212.75
GF Value