LLY Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026	Q4 '25 31.12.2025
Market & Enterprise Value
Market Cap	1.05T EUR	1.07T EUR	821.81B EUR	961.62B EUR
Enterprise Value	1.09T EUR	1.12T EUR	859.9B EUR	996.86B EUR
Valuation Multiples
Trailing P/E	39.59x	40.03x	32.51x	53.78x
Forward P/E	24.78x	--	--	--
Price to Sales	13.19x	13.42x	11.37x	18.33x
Price to Book	31.03x	31.56x	26.34x	36.24x
EV/Revenue	13.66x	14x	11.9x	19.01x
EV/EBITDA	26.1x	22.65x	21.27x	34.05x
Price to FCF (P/FCF)	94.99x	78.86x	79.26x	127.11x
EV/FCF	98.36x	82.25x	82.94x	131.77x
FCF Yield	1.05%	1.27%	1.26%	0.79%