ELAN vs. HAS

Last updated Apr 1, 2026

Compare and contrast key facts about Elanco Animal Health Incorporated (ELAN) and Hasbro, Inc. (HAS).

Performance

ELAN vs. HAS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Elanco Animal Health Incorporated (ELAN) and Hasbro, Inc. (HAS). The values are adjusted to include any dividend payments, if applicable.

ELAN vs. HAS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
ELAN Elanco Animal Health Incorporated	5.74%	86.87%	-18.72%	21.93%	-56.94%	-7.47%	4.14%	-6.60%	-12.42%
HAS Hasbro, Inc.	14.93%	52.52%	14.76%	-11.95%	-37.93%	11.90%	-8.42%	33.41%	-23.55%

Fundamentals

Market Cap ELAN : $11.89B HAS : $13.35B
EPS ELAN : -$0.47 HAS : -$2.28
PS Ratio ELAN : 2.53 HAS : 2.82
PB Ratio ELAN : 1.82 HAS : 23.60
Total Revenue (TTM) ELAN : $4.72B HAS : $4.70B
Gross Profit (TTM) ELAN : $2.59B HAS : $3.34B
EBITDA (TTM) ELAN : $874.00M HAS : $175.70M

Returns By Period

In the year-to-date period, ELAN achieves a 5.74% return, which is significantly lower than HAS's 14.93% return.

ELAN

• 1D: 2.09%
• 1M: -9.36%
• YTD: 5.74%
• 6M: 18.82%
• 1Y: 127.90%
• 3Y*: 36.54%
• 5Y*: -3.63%
• 10Y*: —

HAS

• 1D: 4.71%
• 1M: -6.01%
• YTD: 14.93%
• 6M: 25.41%
• 1Y: 57.67%
• 3Y*: 25.76%
• 5Y*: 3.66%
• 10Y*: 5.14%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

ELAN vs. HAS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ELAN

ELAN Risk / Return Rank: 95
ELAN Sharpe Ratio Rank: 94
ELAN Sortino Ratio Rank: 96
ELAN Omega Ratio Rank: 94
ELAN Calmar Ratio Rank: 94
ELAN Martin Ratio Rank: 97

HAS

HAS Risk / Return Rank: 87
HAS Sharpe Ratio Rank: 88
HAS Sortino Ratio Rank: 86
HAS Omega Ratio Rank: 87
HAS Calmar Ratio Rank: 87
HAS Martin Ratio Rank: 88

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ELAN vs. HAS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Elanco Animal Health Incorporated (ELAN) and Hasbro, Inc. (HAS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ELAN	HAS	Difference
Sharpe ratio Return per unit of total volatility	2.54	1.69	+0.85
Sortino ratio Return per unit of downside risk	3.65	2.42	+1.24
Omega ratio Gain probability vs. loss probability	1.47	1.35	+0.12
Calmar ratio Return relative to maximum drawdown	5.24	3.14	+2.10
Martin ratio Return relative to average drawdown	19.72	9.43	+10.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ELAN vs. HAS - Sharpe Ratio Comparison

The current ELAN Sharpe Ratio is 2.54, which is higher than the HAS Sharpe Ratio of 1.69. The chart below compares the historical Sharpe Ratios of ELAN and HAS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ELAN	HAS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.54	1.69	+0.85
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.08	0.11	-0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.15	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.12	0.31	-0.43

Correlation

The correlation between ELAN and HAS is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

ELAN vs. HAS - Dividend Comparison

ELAN has not paid dividends to shareholders, while HAS's dividend yield for the trailing twelve months is around 2.99%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ELAN Elanco Animal Health Incorporated	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HAS Hasbro, Inc.	2.99%	3.41%	5.01%	5.48%	4.56%	2.67%	2.91%	2.53%	3.03%	2.44%	2.56%	2.69%

Drawdowns

ELAN vs. HAS - Drawdown Comparison

The maximum ELAN drawdown since its inception was -78.00%, which is greater than HAS's maximum drawdown of -74.17%. Use the drawdown chart below to compare losses from any high point for ELAN and HAS.

Drawdown Indicators

	ELAN	HAS	Difference
Max Drawdown Largest peak-to-trough decline	-78.00%	-74.17%	-3.83%
Max Drawdown (1Y) Largest decline over 1 year	-24.79%	-19.11%	-5.68%
Max Drawdown (5Y) Largest decline over 5 years	-78.00%	-55.05%	-22.95%
Max Drawdown (10Y) Largest decline over 10 years	—	-63.84%	—
Current Drawdown Current decline from peak	-34.83%	-11.04%	-23.79%
Average Drawdown Average peak-to-trough decline	-39.85%	-24.48%	-15.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.59%	6.36%	+0.23%

Volatility

ELAN vs. HAS - Volatility Comparison

Elanco Animal Health Incorporated (ELAN) has a higher volatility of 14.67% compared to Hasbro, Inc. (HAS) at 7.40%. This indicates that ELAN's price experiences larger fluctuations and is considered to be riskier than HAS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ELAN	HAS	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.67%	7.40%	+7.27%
Volatility (6M) Calculated over the trailing 6-month period	25.64%	19.11%	+6.53%
Volatility (1Y) Calculated over the trailing 1-year period	50.67%	34.36%	+16.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.53%	32.19%	+12.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.81%	33.61%	+10.20%

Financials

ELAN vs. HAS - Profitability Comparison

The chart below illustrates the profitability comparison between Elanco Animal Health Incorporated and Hasbro, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

ELAN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Elanco Animal Health Incorporated reported a gross profit of 853.00M and revenue of 1.14B. Therefore, the gross margin over that period was 74.6%.

HAS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Hasbro, Inc. reported a gross profit of 1.03B and revenue of 1.45B. Therefore, the gross margin over that period was 71.4%.

ELAN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Elanco Animal Health Incorporated reported an operating income of 562.00M and revenue of 1.14B, resulting in an operating margin of 49.1%.

HAS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Hasbro, Inc. reported an operating income of 297.50M and revenue of 1.45B, resulting in an operating margin of 20.6%.

ELAN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Elanco Animal Health Incorporated reported a net income of -276.00M and revenue of 1.14B, resulting in a net margin of -24.1%.

HAS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Hasbro, Inc. reported a net income of 201.60M and revenue of 1.45B, resulting in a net margin of 13.9%.