ELANElanco Animal Health Incorporated

$22.52+9.7% 1Y

Is it safe?

Mixed

Forensics clean, with a caveat: clean books and insiders buying, but big price swings.

2 good, 1 to watch, 2 neutral, 1 without data
Honest booksLow risk

Reported earnings show no manipulation flags Beneish M-score, a forensic model that detects earnings-manipulation patterns (receivables outrunning sales, margins slipping, accrual-heavy profit).

Quality6 / 9

Mixed fundamental signals Piotroski F-score, nine pass/fail tests of year-over-year financial health across profitability, balance sheet and efficiency. 7 to 9 is strong, 0 to 3 weak.

Insider conviction+$1.4M

Multiple insiders bought with their own money (net +$1.4M, 90 days to Oct 22, 2026).

Credit gradeAderived · Jun 30, 2026

Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.

Drawdown risk47% volderived · Oct 23, 2026

Large price swings, high volatility. Worst drawdown -78% · now 16% below its 52-week high.

Unless marked, from SEC EDGAR, as of Dec 31, 2025.

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

Volatilitymiddle of the market
Max drawdownbehind 71% of the market

Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.

Can ELAN take a bad year?

Elanco Animal Health Incorporated carries $3.39B of net debt as at Q2 2026.

$3.39B

Net debt · as at Q2 2026 · debt less the cash on hand

Debt / equity
0.59×

Debt / equity

Annualised volatility
47%

Annualised volatility · S&P 500 16% · about 3 times the market's own swing

Worst drawdown on file
−78%

Worst drawdown on file · −16% today

Details›
Total debtQ2 2026
$3.92B
Cash and short-term investments
$530M
Net debt
$3.39B
Debt / equity
0.59×
Annualised volatilitytwo years of daily moves
47%
Worst drawdown on file
−78%
Below its 52-week high
16%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.

The balance sheet

What it owes against what it owns, and how close that comes to trouble.

How far can it fall?

How much the price moves, how deep and how long its falls have run, and what each unit of risk has paid.