Risk factors

Elanco Animal Health (ELAN) risk factors

Item 1A of every Elanco Animal Health Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

  • FY2025 10-K risk factors
    48 risks2 new2 dropped33 reworded

    Policy changes by the U.S. presidential administration have frozen sustainability incentives, slowing the adoption rate of Bovaer. Changes to international tariffs, trade policies, and global tax initiatives like OECD Pillar Two introduce fresh operational risks. Goodwill grew to $4,779 million and identifiable intangible assets to $3,408 million, escalating asset valuation risks.

    Filed Feb 24, 2026
  • FY2024 10-K risk factors
    48 risks

    Elanco faces intense competition, high indebtedness of $4.3 billion, and substantial regulatory oversight across global markets. R&D failures, manufacturing disruptions, and shifting consumer trends toward alternatives could significantly impact product demand.

    Filed Feb 25, 2025