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Eli Lilly and Company (LLY)

POSITIVE
HealthcareDrug Manufacturers - GeneralUnited States

Fundamental

72

Preço

$1252.50

Capitalização de Mercado

$1.12T

Parte 1 · Quanto vale a empresa

Visão Geral

Eli Lilly discovers, develops and sells prescription medicines, concentrating on diabetes and obesity, oncology, immunology and neuroscience. Its current growth is dominated by tirzepatide, the molecule sold as Mounjaro for diabetes and Zepbound for weight loss, which together now account for more than half of company revenue. Drugs reach patients through wholesalers, pharmacies and, increasingly, direct-to-consumer channels for the weight-loss franchise.

Como gera receita

Revenue comes almost entirely from selling patented medicines at prices that reflect years of research and clinical-trial spending rather than manufacturing cost. A drug protected by patent can be priced with little direct competition; once patents expire, generic or biosimilar versions typically cut that product's sales sharply within a few years, which is why the pipeline behind today's bestsellers matters as much as the bestsellers themselves.

Receita por segmento

Mounjaro35.2%

Tirzepatide sold for type 2 diabetes, the single largest product and the fastest-growing major one in 2025.

All other products35.2%

The rest of the portfolio across diabetes, oncology, immunology and neuroscience, none individually broken out in the annual results.

Zepbound20.8%

The same molecule, tirzepatide, sold for chronic weight management — a newer indication already generating more than a fifth of total revenue.

Verzenio8.8%

A breast-cancer treatment and the largest product outside the tirzepatide franchise.

Vantagem competitiva

Patentes e licenças · Ampla

Patents on approved molecules give Lilly years of protection from direct competition, and the regulatory approval process itself is a barrier few companies can clear. The tirzepatide franchise adds a manufacturing edge too: building the capacity to produce injectable GLP-1 drugs at this scale takes years, which is currently limiting how fast even a well-funded rival like Novo Nordisk can respond.

O que impulsiona a procura

Defensivo

Most of the portfolio treats chronic conditions — diabetes, cancer, autoimmune disease — that patients keep treating regardless of the economic cycle. The newer weight-loss business is more exposed to household budgets since much of it is paid out of pocket or with limited insurance coverage, but it still sits on top of an otherwise defensive base.

Principais riscos

  • Patent expiration and biosimilar competition — The company identifies the loss of intellectual-property protection on key products, and the entry of generic or biosimilar competitors once patents expire, as a risk to future revenue.
  • Government and payer pricing pressure — Continued pricing pressure from governmental and private payers, including Medicare drug-price negotiation under U.S. law, affects pricing, reimbursement and patient access to Lilly's medicines.
  • Concentration in a few products — The company depends on a relatively small number of products and a consolidated supply chain for a significant share of total revenue, so a manufacturing, safety or competitive setback for any one of them has an outsized effect.

Os argumentos a favor

Buyers argue that the tirzepatide franchise still has years of volume growth ahead as obesity treatment expands globally, that manufacturing scale-up gives Lilly a lead over Novo Nordisk that is hard to close quickly, and that a broad pipeline beyond GLP-1 drugs reduces the company's dependence on any single therapeutic area.

Os argumentos contra

Sellers fear that more than half of revenue now rests on one molecule facing well-capitalized competition and looming price cuts from Novo Nordisk, that government price negotiation will keep compressing margins on older products, and that a business this concentrated in a handful of drugs is unusually exposed to a single clinical, manufacturing or pricing setback.

Written by the editors, published on 18 de agosto de 2026

Direct competitors

Who this company fights with for the same customers

No editorial profile for this company yet

No competitor list for this company yet.

Balanço & Liquidez

Receita

$79.67B

Últimos 12 meses (até 30/06/2026)

Resultado Líquido

$26.71B

Últimos 12 meses (até 30/06/2026)

Fluxo de Caixa Livre

-

Capital Próprio Total

$26.54B

Passivo Total

$85.94B

Rácio de Liquidez

1.35

Cobertura de Juros

-

Dívida/EBITDA

1.32

Resultados Por Ação

Receita & Resultado Líquido

Fluxo de Caixa Livre

Decomposição dos Resultados

Demonstração histórica

Margens ao longo do tempo

A dívida ao longo do tempo

Quanto pesa a dívida

Grelha do crescimento

Crescimento — Receitas

Estimativa de Valor Justo

Justamente Valorizada

Valor Justo

$1558.54

Preço Atual

$1252.50

Margem de Segurança

+19.6%

Intervalo de Valor Justo

$1051.34 - $2065.73

Métodos de Estimativa

Analyst Target:$1315.04
DCF:$2225.27
PE-based:$847.32
Graham Growth:$1531.53
EPV:$371.65
Consenso dos Analistas:Compra Forte (30B / 7H / 1S)
Última Surpresa de Resultados:+38.14%

Métricas de Avaliação

Rácio P/E

41.84

ROE

77.8%

Rácio P/B

34.65

P/FCF

-

Margem Bruta

83.4%

ROIC

-

Radar de Rentabilidade

Value Creation (Economic Moat)

ROIC

-

WACC

7.7%

ROIC − WACC

-

Critérios de Análise Fundamental

Aprovado (16)

  • EPS shows upward trend
  • Price CAGR 32.81%
  • Gross Margin 83.4%
  • Debt/Equity ratio
  • Current Ratio
  • Debt/EBITDA
  • Return on Tangible Assets
  • ROE 92.6%
  • Revenue Growth 5Y 21.6%
  • Analyst Consensus 79% Buy
  • Earnings Surprise avg 24.8%
  • PEG Ratio 1.56
  • Earnings Quality (OCF/NI) 1.05
  • Share Dilution -0.6%
  • Net Margin Trend 33.5% vs 25.9%
  • Piotroski F-Score 8/9

Reprovado (4)

  • P/B Ratio 34.65
  • Low reliance on intangibles
  • Price below Graham Number
  • DCF valuation (Unknown)

Indisponível (7)

  • ROIC NaN%
  • P/FCF NaN
  • Dividend Payout NaN%
  • Operating Margin NaN%
  • Positive Free Cash Flow
  • CapEx intensity
  • Interest Coverage

Piotroski F-Score

8/9

Saúde financeira sólida

score
criteria

Qualidade dos Resultados

1.05

Alta qualidade: resultados respaldados por caixa

Diluição de Ações

-0.6%

A recomprar ações. Favorável ao acionista

Governação

Equipa Executiva

NomeCargoIdade
Mr. David A. RicksChairman, President & CEO57
Mr. Lucas E. MontarceExecutive VP & CFO48
Dr. Daniel M. Skovronsky M.D., Ph.D.Chief Scientific & Product Officer and President of Lilly Research Laboratories52
Ms. Anat Hakim J.D.Executive VP, General Counsel & Secretary56
Mr. Jacob S. Van NaardenExecutive VP, President of Lilly Oncology & Head of Corporate Business Development40
Mr. Donald A. ZakrowskiSenior VP of Finance & Chief Accounting Officer-
Mr. Diogo RauExecutive VP and Chief Information & Digital Officer50
Mr. Michael CzaparSenior Vice President of Investor Relations-
Mr. Eric DozierExecutive VP & Chief People Officer58
Mr. Ilya YuffaExecutive VP and President of Lilly USA & Global Customer Capabilities50

Risco de Auditoria

8

Risco do Conselho

5

Risco de Remuneração

5

Risco dos Direitos dos Acionistas

9

Parte 2 · O preço e o momento de entrar

Esta parte não serve para saber se a empresa vale: serve para escolher quando comprá-la, depois que os fundamentos te convenceram. Dentro: análise técnica, potencial, quedas históricas, exposição gama.

Latest News

Recent headlines for LLY, sourced from Markets Gazette.

  • 13d agoNEGATIVE
    Eli Lilly is suing pharmacies and peptide vendors over early sales of the next big weight-loss drug: retatrutide

    Eli Lilly and Company has initiated legal action against pharmacies and peptide vendors accused of prematurely selling compounded versions of its upcoming weight-loss drug, retatrutide. This move aims to protect the integrity of its intellectual property and ensure the drug's eventual regulated release. The lawsuit highlights the intense market anticipation for retatrutide, a drug poised to be a significant player in the lucrative obesity treatment market. For investors, while the legal action may create short-term noise, it underscores Lilly's commitment to safeguarding its pipeline and maximizing the commercial potential of its innovative therapies.

  • 14d agoPOSITIVE
    Eli Lilly Surges, Novo Nordisk Slips in Weight-Loss War

    Eli Lilly and Company (NYSE:LLY) has reported a significant 48% surge in second-quarter revenue, reaching US$23 billion, driven by its blockbuster GLP-1 weight-loss and diabetes treatments. Sales of Mounjaro and Zepbound combined accounted for nearly 65% of total revenue, with Mounjaro alone seeing a 91% jump. The company has consequently raised its full-year revenue forecast to US$85-87 billion. This strong performance, coupled with a 7% stock increase in early trading, highlights Lilly's robust market position and growth potential in the highly competitive weight-loss drug sector, outperforming rivals like Novo Nordisk.

  • 20d agoPOSITIVE
    Lilly’s revenue soars 48%, driven by demand for its GLP-1s

    Eli Lilly and Company reported a remarkable 48% surge in revenue, significantly exceeding expectations. This growth was primarily fueled by robust demand for its GLP-1 drugs, Mounjaro and Zepbound, which are indicated for Type 2 diabetes and weight loss respectively. The strong performance underscores the increasing market penetration and therapeutic success of Lilly's innovative treatments in high-demand areas. Investors will likely view this as a strong indicator of sustained future earnings growth and market leadership for the pharmaceutical giant.

  • 21d agoPOSITIVE
    Eli Lilly Ripe for Stock Split After Obesity Drug-Fueled Rally

    Eli Lilly and Company's stock has surged past the $1,000 mark, driven by the sustained success of its weight-loss drugs over the last four years. This significant rally has led to speculation on Wall Street about the possibility of a stock split. A stock split, if enacted, would make the shares more accessible to a broader range of investors by lowering the per-share price, potentially increasing liquidity and demand. This development signals strong underlying business performance and positive future outlook for the pharmaceutical giant.

  • 26d agoPOSITIVE
    Investors are overlooking healthcare stocks and should consider these top picks, says JPMorgan

    JPMorgan analysts highlight healthcare stocks as an overlooked investment opportunity, naming Eli Lilly and Company as a top pick. The bank's analysis suggests that the sector's potential is not fully priced into current valuations. Eli Lilly, a major player in pharmaceuticals with a strong pipeline and recent product successes, is positioned to benefit from this favorable outlook. Investors seeking growth and stability may find healthcare stocks, particularly those with strong fundamentals like Eli Lilly, an attractive addition to their portfolios.

  • 27d agoNEUTRAL
    One of the market’s ‘most durable growth’ sectors has been passed over for AI, says JPMorgan

    JPMorgan analysts note that while the market's attention has shifted to Artificial Intelligence, the healthcare sector, particularly pharmaceuticals, remains a 'most durable growth' area. Eli Lilly, AbbVie, and Danaher Corporation are highlighted as top picks within this resilient sector. Despite the broader market's focus on AI, these companies represent established growth opportunities with strong fundamentals. Investors may find these healthcare giants attractive for their stability and long-term growth potential, even if they are currently overshadowed by the AI investment frenzy.

  • 7/21/2026NEGATIVE
    Novo Nordisk sues Eli Lilly over ads comparing GLP-1 medications

    Novo Nordisk has filed a lawsuit against Eli Lilly, alleging that Lilly's advertisements for its GLP-1 medications fail to include the most current clinical data. This legal action introduces uncertainty and potential reputational risk for Eli Lilly, which could impact investor sentiment and its stock performance. The dispute centers on the accuracy and completeness of comparative drug information, a critical area in the highly competitive pharmaceutical market. Investors will be monitoring the legal proceedings closely for any potential financial or market share implications.

  • 7/1/2026POSITIVE
    Eli Lilly just placed a $40 million bet on the next injectable boom

    Eli Lilly and Company, a leading GLP-1 maker, has invested $40 million in artificial intelligence to accelerate drug discovery and innovate in consumer medicine. This strategic investment underscores the company's commitment to leveraging cutting-edge technology to enhance its pipeline and market position. The focus on AI in drug discovery could lead to faster development cycles and the identification of novel therapeutic targets, potentially boosting future revenue streams and solidifying its leadership in the pharmaceutical sector. Investors may view this as a positive indicator of future growth and innovation.

via Markets Gazette