Eli Lilly and Company (LLY) Stock Inflation-Adjusted

Eli Lilly and Company (LLY) is a leading global pharmaceutical corporation that discovers, develops, manufactures and markets prescription medicines for humans and animals.

Measuring an investment's true return requires looking beyond its nominal price. Over any period, inflation reduces the value of a dollar, making the growth in real purchasing power the more meaningful metric. To provide this critical context, this page adjusts Lilly's entire stock history for inflation using the US Consumer Price Index.

Nominal prices are adjusted for stock splits and assume reinvestment of any dividends to reflect total return. Inflation-adjusted prices use June 2025 as the baseline (latest available CPI).

The current value of Eli Lilly stock is 771.75 (as of the close of Jul 15, 2025), 19.34% lower than the all-time high of 956.79 (Aug 30, 2024).

Since June 2, 1972, the inflation-adjusted total return for the stock has been 5,046%, which is equivalent to an annual growth rate of 7.7%.

In nominal values, the total return since this date has been 39,702%, or an annualized rate of 11.93%.

Inflation-Adjusted Values by Month

This data presents Eli Lilly's end-of-month closing levels over time. Inflation-adjusted figures show what past levels would be worth using roughly today's purchasing power (based on the latest CPI data). The latest entry in the table will have equal nominal and adjusted values until the next CPI figures are released.

Date Inflation-Adjusted Nominal value
Jul 2025 771.75 771.75
Jun 2025 779.53 779.53
May 2025 740.18 737.67
Apr 2025 903.9 898.95
Mar 2025 833.04 825.91
Feb 2025 930.67 920.63
Jan 2025 822.15 809.69
Dec 2024 787.66 770.67
Nov 2024 811.77 793.98
Oct 2024 845.02 826.95
Sep 2024 903.29 882.96
Aug 2024 980.39 956.79
Jul 2024 820.86 800.45
Jun 2024 925.13 901.08
May 2024 838.52 816.44
Apr 2024 798.37 776.07
Mar 2024 798.26 772.95
Feb 2024 778.35 748.82
Jan 2024 669.69 640.33
Dec 2023 607.96 578.15
Nov 2023 615.82 586.21
Oct 2023 574.93 548.39
Sep 2023 557.28 531.76
Aug 2023 576.42 548.65
Jul 2023 474.84 450
Jun 2023 490.84 464.29
May 2023 450.93 425.16
Apr 2023 415.62 390.88
Mar 2023 362.39 339.1
Feb 2023 329.5 307.31
Jan 2023 365.22 338.73
Dec 2022 391.34 360.08
Nov 2022 395.73 365.24
Oct 2022 384.68 355.4
Sep 2022 344.91 317.38
Aug 2022 322.01 295.67
Jul 2022 351.17 322.55
Jun 2022 345.31 317.21
May 2022 338.4 306.65
Apr 2022 317.81 284.85
Mar 2022 313.28 279.23
Feb 2022 277.09 243.72
Jan 2022 273.38 238.28
Dec 2021 310.32 268.22
Nov 2021 279.51 240.85
Oct 2021 287.57 246.58
Sep 2021 262.97 223.63
Aug 2021 294.77 250
Jul 2021 277.57 234.93
Jun 2021 262.9 221.44
May 2021 230.91 192.71
Apr 2021 212.05 175.56
Mar 2021 218.53 179.45
Feb 2021 241.37 196.81
Jan 2021 245.32 198.94
Dec 2020 200.01 161.51
Nov 2020 172.7 139.33
Oct 2020 153.81 124.16
Sep 2020 174.58 140.87
Aug 2020 175.26 141.23
Jul 2020 177.21 142.34
Jun 2020 194.56 155.5
May 2020 182.25 144.86
Apr 2020 183.41 145.78
Mar 2020 163.42 130.77
Feb 2020 148.27 118.9
Jan 2020 163.76 130.97
Dec 2019 154.73 123.27
Nov 2019 138.02 110.06
Oct 2019 133.19 106.26
Sep 2019 131.01 104.29
Aug 2019 132.45 105.35
Jul 2019 127.02 101.04
Jun 2019 129.39 102.74
May 2019 135.43 107.52
Apr 2019 136.24 107.94
Mar 2019 151.85 119.67
Feb 2019 148.62 116.47
Jan 2019 140.89 109.95
Dec 2018 136.29 106.15
Nov 2018 139.28 108.83
Oct 2018 126.25 98.98
Sep 2018 125.15 97.94
Aug 2018 123.36 96.43
Jul 2018 114.8 89.69
Jun 2018 99.15 77.46
May 2018 98.97 77.19
Apr 2018 94.1 73.09
Mar 2018 90.16 69.75
Feb 2018 89.96 69.44
Jan 2018 94.86 72.89
Dec 2017 98.9 75.59
Nov 2017 99.05 75.75
Oct 2017 95.3 72.88
Sep 2017 99.42 76.08
Aug 2017 94.98 72.3
Jul 2017 96.26 73.05
Jun 2017 95.78 72.73
May 2017 92.69 70.32
Apr 2017 95.06 72.06
Mar 2017 97.72 73.86
Feb 2017 96.29 72.72
Jan 2017 89.25 67.19
Dec 2016 85.72 64.16
Nov 2016 78.25 58.55
Oct 2016 85.39 64
Sep 2016 92.93 69.56
Aug 2016 90.24 67.38
Jul 2016 95.69 71.39
Jun 2016 90.77 67.82
May 2016 86.76 64.62
Apr 2016 87.12 64.62
Mar 2016 83.45 61.61
Feb 2016 83.8 61.6
Jan 2016 91.5 67.21
Dec 2015 97.64 71.59
Nov 2015 94.74 69.71
Oct 2015 93.41 68.87
Sep 2015 95.79 70.66
Aug 2015 94.11 69.53
Jul 2015 95.87 70.93
Jun 2015 94.72 70.08
May 2015 89.83 66.22
Apr 2015 81.68 59.91
Mar 2015 82.73 60.56
Feb 2015 80.38 58.49
Jan 2015 82.25 59.6
Dec 2014 78.45 57.11
Nov 2014 77.02 56.38
Oct 2014 74.05 54.51
Sep 2014 72.22 53.29
Aug 2014 70.84 52.23
Jul 2014 67.4 49.78
Jun 2014 68.6 50.69
May 2014 66.17 48.8
Apr 2014 65.02 47.79
Mar 2014 64.97 47.6
Feb 2014 66.22 48.2
Jan 2014 59.69 43.28
Dec 2013 56.57 40.87
Nov 2013 55.7 40.25
Oct 2013 54.61 39.54
Sep 2013 55.03 39.94
Aug 2013 56.26 40.79
Jul 2013 57.68 41.77
Jun 2013 53.37 38.63
May 2013 57.9 41.81
Apr 2013 59.9 43.18
Mar 2013 61.36 44.28
Feb 2013 59.21 42.62
Jan 2013 58.11 41.49
Dec 2012 53.54 38.11
Nov 2012 53.09 37.89
Oct 2012 51.87 37.2
Sep 2012 50.55 36.27
Aug 2012 48.1 34.35
Jul 2012 46.89 33.31
Jun 2012 45.62 32.46
May 2012 43.48 30.98
Apr 2012 43.89 31.31
Mar 2012 42.83 30.46
Feb 2012 42.05 29.68
Jan 2012 42.25 29.69
Dec 2011 44.38 31.05
Nov 2011 40.32 28.28
Oct 2011 39.05 27.41
Sep 2011 38.77 27.27
Aug 2011 39.39 27.67
Jul 2011 39.77 27.85
Jun 2011 39 27.29
May 2011 39.95 27.98
Apr 2011 38.12 26.58
Mar 2011 36.46 25.26
Feb 2011 36.17 24.82
Jan 2011 36.08 24.63
Dec 2010 36.53 24.82
Nov 2010 35.15 23.84
Oct 2010 36.28 24.6
Sep 2010 37.7 25.53
Aug 2010 34.68 23.47
Jul 2010 36.34 24.56
Jun 2010 34.2 23.11
May 2010 33.44 22.62
Apr 2010 35.21 23.79
Mar 2010 36.53 24.65
Feb 2010 34.77 23.37
Jan 2010 35.16 23.62
Dec 2009 35.8 23.96
Nov 2009 36.75 24.65
Oct 2009 33.59 22.51
Sep 2009 32.65 21.86
Aug 2009 33.1 22.15
Jul 2009 34.09 22.76
Jun 2009 33.8 22.6
May 2009 34.02 22.55
Apr 2009 32.05 21.19
Mar 2009 32.61 21.5
Feb 2009 28.75 18.91
Jan 2009 35.73 23.39
Dec 2008 39.25 25.58
Nov 2008 32.94 21.69
Oct 2008 31.56 21.19
Sep 2008 40.67 27.59
Aug 2008 43.03 29.23
Jul 2008 42.87 29.24
Jun 2008 42.23 28.65
May 2008 44.48 29.88
Apr 2008 44.86 29.88
Mar 2008 48.37 32.02
Feb 2008 47.3 31.04
Jan 2008 48.29 31.6
Dec 2007 50.42 32.83
Nov 2007 49.97 32.56
Oct 2007 51 33.03
Sep 2007 53.73 34.73
Aug 2007 54.27 34.98
Jul 2007 50.72 32.75
Jun 2007 52.38 33.84
May 2007 55.06 35.49
Apr 2007 55.47 35.55
Mar 2007 50.72 32.29
Feb 2007 50.11 31.61
Jan 2007 51.44 32.28
Dec 2006 49.67 31.08
Nov 2006 51.17 31.97
Oct 2006 53.01 33.16
Sep 2006 53.66 33.75
Aug 2006 52.39 33.12
Jul 2006 52.9 33.37
Jun 2006 51.65 32.49
May 2006 48.36 30.36
Apr 2006 49.42 30.87
Mar 2006 52.08 32.26
Feb 2006 52.67 32.45
Jan 2006 53.35 32.8
Dec 2005 53.73 32.78
Nov 2005 47.75 29.25
Oct 2005 46.36 28.63
Sep 2005 49.94 30.78
Aug 2005 51.96 31.64
Jul 2005 53.09 32.16
Jun 2005 52.76 31.81
May 2005 55.24 33.29
Apr 2005 54.99 33.17
Mar 2005 49.33 29.56
Feb 2005 53.44 31.77
Jan 2005 51.7 30.56
Dec 2004 54.2 31.98
Nov 2004 50.75 30.05
Oct 2004 51.95 30.75
Sep 2004 57.12 33.63
Aug 2004 60.48 35.53
Jul 2004 60.42 35.47
Jun 2004 66.18 38.92
May 2004 69.96 41.01
Apr 2004 70.17 40.9
Mar 2004 63.8 37.07
Feb 2004 70.97 40.97
Jan 2004 65.35 37.52
Dec 2003 67.88 38.78
Nov 2003 66.33 37.94
Oct 2003 63.72 36.55
Sep 2003 56.76 32.59
Aug 2003 63.78 36.5
Jul 2003 63.02 35.93
Jun 2003 66.09 37.64
May 2003 57.33 32.62
Apr 2003 60.8 34.65
Mar 2003 54.33 31.03
Feb 2003 54.09 30.71
Jan 2003 57.73 32.52
Dec 2002 61.13 34.28
Nov 2002 65.6 36.87
Oct 2002 53.04 29.81
Sep 2002 52.97 29.73
Aug 2002 55.66 31.18
Jul 2002 55.9 31.21
Jun 2002 54.03 30.13
May 2002 62.02 34.57
Apr 2002 63.01 35.12
Mar 2002 73.1 40.52
Feb 2002 73.06 40.27
Jan 2002 72.44 39.77
Dec 2001 75.93 41.59
Nov 2001 79.6 43.78
Oct 2001 73.28 40.37
Sep 2001 77.04 42.59
Aug 2001 74.44 40.97
Jul 2001 75.75 41.69
Jun 2001 70.51 38.91
May 2001 80.84 44.54
Apr 2001 81.23 44.55
Mar 2001 73.55 40.18
Feb 2001 76.41 41.64
Jan 2001 75.81 41.15
Dec 2000 90.1 48.6
Nov 2000 90.65 48.93
Oct 2000 86.28 46.54
Sep 2000 78.45 42.25
Aug 2000 70.98 38.02
Jul 2000 100.64 53.91
Jun 2000 96.99 51.84
May 2000 74.31 39.51
Apr 2000 75.12 39.9
Mar 2000 61.04 32.39
Feb 2000 58.41 30.75
Jan 2000 65.83 34.45
Dec 1999 65.65 34.26
Nov 1999 71.25 37.18
Oct 1999 67.83 35.37
Sep 1999 63.33 32.96
Aug 1999 73.98 38.32
Jul 1999 65.04 33.61
Jun 1999 71.13 36.65
May 1999 70.94 36.55
Apr 1999 72.89 37.56
Mar 1999 84.64 43.3
Feb 1999 94.53 48.21
Jan 1999 93.58 47.67
Dec 1998 88.99 45.22
Nov 1998 89.75 45.63
Oct 1998 80.87 41.12
Sep 1998 78.38 39.75
Aug 1998 65.88 33.37
Jul 1998 67.27 34.03
Jun 1998 66.35 33.53
May 1998 61.54 31.06
Apr 1998 69.67 35.1
Mar 1998 59.83 30.09
Feb 1998 66.16 33.21
Jan 1998 67.9 34.01
Dec 1997 70.03 35.02
Nov 1997 63.29 31.69
Oct 1997 67.12 33.63
Sep 1997 60.71 30.34
Aug 1997 52.62 26.23
Jul 1997 56.75 28.24
Jun 1997 54.97 27.32
May 1997 46.82 23.24
Apr 1997 44.04 21.87
Mar 1997 41.28 20.47
Feb 1997 43.96 21.75
Jan 1997 43.79 21.6
Dec 1996 36.81 18.1
Nov 1996 38.57 18.97
Oct 1996 35.45 17.4
Sep 1996 32.54 15.92
Aug 1996 28.97 14.13
Jul 1996 28.23 13.74
Jun 1996 32.83 15.95
May 1996 32.47 15.76
Apr 1996 29.76 14.42
Mar 1996 32.84 15.85
Feb 1996 30.79 14.78
Jan 1996 29.01 13.89
Dec 1995 28.67 13.64
Nov 1995 25.34 12.07
Oct 1995 24.42 11.64
Sep 1995 22.79 10.82
Aug 1995 20.8 9.86
Jul 1995 19.77 9.35
Jun 1995 19.83 9.38
May 1995 18.89 8.91
Apr 1995 18.8 8.85
Mar 1995 18.45 8.66
Feb 1995 16.96 7.93
Jan 1995 16.74 7.8
Dec 1994 16.74 7.77
Nov 1994 15.98 7.42
Oct 1994 15.84 7.34
Sep 1994 14.8 6.85
Aug 1994 14.61 6.75
Jul 1994 12.51 5.76
Jun 1994 14.68 6.73
May 1994 14.82 6.78
Apr 1994 12.76 5.83
Mar 1994 12.94 5.91
Feb 1994 14.42 6.56
Jan 1994 15.64 7.09
Dec 1993 15.55 7.03
Nov 1993 15.03 6.79
Oct 1993 14.19 6.41
Sep 1993 13.16 5.92
Aug 1993 12.66 5.68
Jul 1993 12.33 5.52
Jun 1993 13.03 5.83
May 1993 13.51 6.04
Apr 1993 13.13 5.86
Mar 1993 12.97 5.77
Feb 1993 13.75 6.1
Jan 1993 15.13 6.69
Dec 1992 16.35 7.19
Nov 1992 16.81 7.4
Oct 1992 16.6 7.3
Sep 1992 16.93 7.42
Aug 1992 17.65 7.71
Jul 1992 19.2 8.36
Jun 1992 17.74 7.71
May 1992 18.04 7.82
Apr 1992 18.82 8.14
Mar 1992 19.47 8.41
Feb 1992 20.63 8.87
Jan 1992 21.81 9.34
Dec 1991 23.13 9.89
Nov 1991 20.37 8.7
Oct 1991 21.37 9.1
Sep 1991 22.2 9.44
Aug 1991 23.49 9.95
Jul 1991 21.42 9.04
Jun 1991 20.19 8.51
May 1991 22.39 9.41
Apr 1991 21.68 9.09
Mar 1991 22.14 9.27
Feb 1991 22.38 9.35
Jan 1991 22.13 9.24
Dec 1990 20.91 8.67
Nov 1990 21.05 8.73
Oct 1990 19.28 7.98
Sep 1990 20.58 8.47
Aug 1990 21.8 8.9
Jul 1990 24.38 9.86
Jun 1990 24.44 9.84
May 1990 23.13 9.27
Apr 1990 19.59 7.83
Mar 1990 19.18 7.65
Feb 1990 18.02 7.15
Jan 1990 18.92 7.47
Dec 1989 20.75 8.11
Nov 1989 20.33 7.93
Oct 1989 18.89 7.36
Sep 1989 19.06 7.39
Aug 1989 18.93 7.31
Jul 1989 19.57 7.55
Jun 1989 16.77 6.45
May 1989 17.08 6.56
Apr 1989 16.75 6.39
Mar 1989 16.06 6.09
Feb 1989 14.68 5.54
Jan 1989 14.8 5.56
Dec 1988 13.55 5.06
Nov 1988 13.99 5.22
Oct 1988 14.24 5.31
Sep 1988 14.03 5.21
Aug 1988 13.38 4.94
Jul 1988 13.5 4.96
Jun 1988 13.55 4.96
May 1988 12.98 4.73
Apr 1988 13.05 4.74
Mar 1988 13.77 4.97
Feb 1988 12.94 4.66
Jan 1988 12.63 4.53
Dec 1987 12.91 4.62
Nov 1987 11.09 3.97
Oct 1987 12.75 4.56
Sep 1987 15.98 5.7
Aug 1987 16.4 5.82
Jul 1987 16.11 5.68
Jun 1987 15.8 5.56
May 1987 14.86 5.21
Apr 1987 15.42 5.39
Mar 1987 15.59 5.42
Feb 1987 16.15 5.59
Jan 1987 14.86 5.12
Dec 1986 12.83 4.4
Nov 1986 13 4.45
Oct 1986 12.94 4.43
Sep 1986 11.33 3.87
Aug 1986 13.56 4.61
Jul 1986 13.12 4.46
Jun 1986 14.1 4.79
May 1986 13.28 4.48
Apr 1986 11.85 3.99
Mar 1986 13.08 4.41
Feb 1986 10.48 3.55
Jan 1986 9.5 3.23
Dec 1985 9.74 3.3
Nov 1985 9.09 3.07
Oct 1985 8.24 2.78
Sep 1985 7.63 2.56
Aug 1985 7.66 2.56
Jul 1985 7.52 2.51
Jun 1985 7.68 2.56
May 1985 7.61 2.53
Apr 1985 6.83 2.26
Mar 1985 6.98 2.3
Feb 1985 6.96 2.29
Jan 1985 6.46 2.11
Dec 1984 5.98 1.95
Nov 1984 5.75 1.88
Oct 1984 5.5 1.79
Sep 1984 5.14 1.67
Aug 1984 5.3 1.72
Jul 1984 5.03 1.62
Jun 1984 5.58 1.79
May 1984 5.36 1.72
Apr 1984 5.81 1.86
Mar 1984 5.82 1.85
Feb 1984 5.94 1.89
Jan 1984 5.86 1.85
Dec 1983 5.46 1.71
Nov 1983 5.83 1.83
Oct 1983 6.37 1.99
Sep 1983 5.89 1.84
Aug 1983 5.79 1.8
Jul 1983 5.82 1.8
Jun 1983 6.12 1.89
May 1983 6.35 1.95
Apr 1983 6.25 1.91
Mar 1983 5.97 1.81
Feb 1983 5.95 1.81
Jan 1983 6.13 1.86
Dec 1982 5.63 1.7
Nov 1982 5.82 1.77
Oct 1982 5.68 1.73
Sep 1982 5.05 1.53
Aug 1982 5.11 1.55
Jul 1982 5.36 1.62
Jun 1982 5.64 1.69
May 1982 6.01 1.78
Apr 1982 6.31 1.86
Mar 1982 5.75 1.68
Feb 1982 5.79 1.7
Jan 1982 5.78 1.69
Dec 1981 5.69 1.66
Nov 1981 5.44 1.58
Oct 1981 5.39 1.56
Sep 1981 4.89 1.41
Aug 1981 5.41 1.55
Jul 1981 5.72 1.62
Jun 1981 6.42 1.8
May 1981 6.87 1.91
Apr 1981 6.93 1.91
Mar 1981 6.93 1.9
Feb 1981 7.03 1.92
Jan 1981 6.71 1.81
Dec 1980 7.04 1.88
Nov 1980 6.7 1.78
Oct 1980 5.77 1.52
Sep 1980 5.83 1.52
Aug 1980 6.05 1.56
Jul 1980 6.28 1.61
Jun 1980 5.64 1.45
May 1980 5.88 1.49
Apr 1980 5.94 1.49
Mar 1980 6.01 1.49
Feb 1980 6.4 1.57
Jan 1980 6.98 1.68
Dec 1979 7.42 1.77
Nov 1979 7.6 1.79
Oct 1979 7.22 1.68
Sep 1979 7.49 1.73
Aug 1979 7.28 1.67
Jul 1979 7.35 1.67
Jun 1979 7.1 1.59
May 1979 7.06 1.57
Apr 1979 7.35 1.61
Mar 1979 7.3 1.58
Feb 1979 6.89 1.48
Jan 1979 6.9 1.46
Dec 1978 6.73 1.41
Nov 1978 6.18 1.29
Oct 1978 6.15 1.28
Sep 1978 6.95 1.43
Aug 1978 7.13 1.46
Jul 1978 7.5 1.53
Jun 1978 6.76 1.37
May 1978 6.64 1.33
Apr 1978 6.78 1.34
Mar 1978 6.12 1.2
Feb 1978 5.94 1.16
Jan 1978 6.13 1.19
Dec 1977 5.82 1.12
Nov 1977 5.82 1.12
Oct 1977 5.54 1.06
Sep 1977 5.25 1
Aug 1977 5.93 1.12
Jul 1977 5.56 1.05
Jun 1977 6.15 1.16
May 1977 5.76 1.08
Apr 1977 6.05 1.12
Mar 1977 6.8 1.25
Feb 1977 6.71 1.23
Jan 1977 7.02 1.27
Dec 1976 7.81 1.41
Nov 1976 7.39 1.33
Oct 1976 9.01 1.62
Sep 1976 9.16 1.64
Aug 1976 9.07 1.61
Jul 1976 8.8 1.56
Jun 1976 8.87 1.56
May 1976 8.32 1.46
Apr 1976 8.62 1.5
Mar 1976 9.31 1.61
Feb 1976 8.83 1.53
Jan 1976 9.85 1.7
Dec 1975 8.88 1.53
Nov 1975 9.93 1.7
Oct 1975 9.7 1.65
Sep 1975 8.9 1.51
Aug 1975 11.3 1.9
Jul 1975 11.98 2.01
Jun 1975 13.96 2.32
May 1975 13.57 2.24
Apr 1975 12.64 2.07
Mar 1975 12.68 2.07
Feb 1975 13.66 2.22
Jan 1975 11.87 1.92
Dec 1974 12.51 2.01
Nov 1974 12.98 2.07
Oct 1974 13.5 2.14
Sep 1974 10.61 1.67
Aug 1974 12.03 1.86
Jul 1974 12.85 1.97
Jun 1974 15.2 2.31
May 1974 14.76 2.22
Apr 1974 14.8 2.2
Mar 1974 14.08 2.09
Feb 1974 13.81 2.02
Jan 1974 14.65 2.12
Dec 1973 15.29 2.19
Nov 1973 16.07 2.29
Oct 1973 17.2 2.43
Sep 1973 16.9 2.37
Aug 1973 16.09 2.25
Jul 1973 19.05 2.62
Jun 1973 18.04 2.47
May 1973 18.81 2.56
Apr 1973 17.6 2.38
Mar 1973 18.91 2.54
Feb 1973 18.72 2.49
Jan 1973 16.36 2.16
Dec 1972 17.89 2.36
Nov 1972 17.09 2.25
Oct 1972 17.83 2.34
Sep 1972 16.39 2.14
Aug 1972 16.99 2.21
Jul 1972 17.01 2.21
Jun 1972 15.23 1.97

Returns from Investing in Eli Lilly stock

How much did an investment in Eli Lilly really grow each year after accounting for inflation? The following chart contains the inflation-adjusted real annual percentage returns.

Detailed Annual Returns (Adjusted vs. Nominal)

The table below shows the returns for Eli Lilly stock by year, both inflation-adjusted and nominal. You can sort any column by clicking on the header.

Observe how inflation erodes nominal gains, sometimes resulting in a negative real return even when the stock price nominally increased, as in 2005.

Year Inflation-Adjusted Return Nominal Return
2024 29.56% 33.3%
2023 55.35% 60.56%
2022 26.11% 34.25%
2021 55.15% 66.07%
2020 29.27% 31.03%
2019 13.53% 16.13%
2018 37.8% 40.43%
2017 15.38% 17.81%
2016 -12.21% -10.38%
2015 24.46% 25.37%
2014 38.67% 39.72%
2013 5.66% 7.25%
2012 20.63% 22.73%
2011 21.49% 25.09%
2010 2.05% 3.58%
2009 -8.8% -6.31%
2008 -22.16% -22.09%
2007 1.5% 5.65%
2006 -7.54% -5.2%
2005 -0.88% 2.51%
2004 -20.15% -17.55%
2003 11.04% 13.13%
2002 -19.49% -17.58%
2001 -15.73% -14.42%
2000 37.23% 41.88%
1999 -26.22% -24.24%
1998 27.07% 29.12%
1997 90.26% 93.5%
1996 28.38% 32.64%
1995 71.24% 75.59%
1994 7.65% 10.53%
1993 -4.88% -2.26%
1992 -29.3% -27.25%
1991 10.6% 13.99%
1990 0.78% 6.93%
1989 53.12% 60.23%
1988 4.98% 9.62%
1987 0.59% 5.05%
1986 31.74% 33.18%
1985 62.76% 68.94%
1984 9.71% 14.04%
1983 -3.02% 0.65%
1982 -1.11% 2.68%
1981 -19.19% -11.98%
1980 -5.16% 6.71%
1979 10.22% 24.87%
1978 15.64% 26.07%
1977 -25.47% -20.47%
1976 -12.03% -7.75%
1975 -29.01% -24.08%
1974 -18.2% -8.11%
1973 -14.51% -7.06%

Eli Lilly Stock: Average Annualized Returns

Annualized returns show the average rate of growth per year, making it easier to compare performance across different time periods. While nominal returns indicate the headline growth, adjusting for inflation reveals the actual change in purchasing power.

This table presents both nominal and inflation-adjusted average annual returns for Eli Lilly over various trailing periods ending June 30, 2025, offering a clearer view of long-term, real investment performance.

Period Avg. Annual Return (Inflation-Adjusted) Avg. Annual Return (Nominal)
Last 1 year -15.74% -13.49%
Last 3 years 31.18% 34.95%
Last 5 years 31.99% 38.04%
Last 10 years 23.46% 27.24%
Last 20 years 14.41% 17.34%
Last 30 years 13.02% 15.88%
Last 40 years 12.25% 15.37%
Last 50 years 8.38% 12.34%

Real Returns of Investing in the Eli Lilly

The chart and table below show the nominal and inflation-adjusted value of a hypothetical $100 investment over various long-term historical periods, ending in June 2025.

The inflation-adjusted line, in green, represents the real increase in purchasing power for the initial investment. Observe the gap between both lines, which illustrates the cumulative effect of inflation over time.

Even over just five years, inflation takes a noticeable bite out of investments. Investing $100 in the Eli Lilly five years ago yielded an 555.59% nominal gain, but the real return (the actual increase in buying power) was 425.75%.

As investment periods get longer, the difference between reported nominal returns and the inflation-adjusted gains usually becomes much greater due to the compounding effect of inflation over time.

Investment Period What $100 Grew To (Nominal) Total Nominal Return (%) Total Inflation-Adjusted Return (%)
Last 5 years Feb 2020 - Jun 2025 $655.59 555.59% 425.75%
Last 10 years Feb 2015 - Jun 2025 $1,332.67 1,233% 869.76%
Last 25 years Feb 2000 - Jun 2025 $2,535.4 2,435% 1,235%
Last 50 years Feb 1975 - Jun 2025 $35,052.38 34,952% 5,605%

Inflation in Eli Lilly Operations

Eli Lilly experiences moderate inflation impacts across its pharmaceutical operations, with both challenges and protective factors at play.

  • Research & Development Costs: Rising costs for specialized laboratory equipment, clinical trials and highly skilled research personnel can increase R&D expenses, which represent a significant portion of pharmaceutical operations.
  • Manufacturing & Raw Materials: Pharmaceutical ingredients, specialized chemicals and production equipment costs are subject to inflation, affecting manufacturing margins and operational efficiency.
  • Regulatory Compliance: Increased costs for regulatory submissions, quality control testing and compliance infrastructure as government agencies expand requirements and fees.
  • Global Operations: Currency fluctuations and local inflation in international markets can impact the cost structure of manufacturing facilities and sales operations worldwide.

Eli Lilly's business model provides several natural hedges against inflation. The company's patent-protected medications allow for periodic price adjustments that can help offset rising operational costs. Additionally, the long development timelines for new drugs mean that successful launches often generate substantial returns that more than compensate for inflationary pressures during the development phase.

The pharmaceutical industry's essential nature also provides pricing power during inflationary periods, as demand for critical medications remains relatively stable regardless of broader economic conditions.

About Eli Lilly

Eli Lilly and Company is one of the world's largest pharmaceutical companies, founded in 1876 and headquartered in Indianapolis, Indiana.

The company focuses on developing innovative medicines across therapeutic areas including diabetes, oncology, immunology, neuroscience and pain management. Notable products include diabetes treatments like Humalog and Mounjaro, cancer therapies and treatments for autoimmune conditions.

As a component of the Dow Jones Industrial Average and S&P 500, Eli Lilly represents a significant portion of the healthcare sector in major market indices. The company operates globally with research facilities, manufacturing sites and sales operations spanning multiple continents.

Last Close
Jul 15, 2025
771.75
Highest
Aug 30, 2024
956.79
Highest, Inflation-Adjusted
Aug 30, 2024
980.39
Annualized return
Since Jun 2, 1972
11.93%
Annualized return, Inflation-Adjusted
Since Jun 2, 1972
7.7%

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Other Inflation-Adjusted Data