Apple Inc. (AAPL) vs Elevance Health Inc. (ELV)
A side-by-side comparison of Apple Inc. and Elevance Health Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.
Different business models: AAPL is classified in Technology; ELV is classified in Healthcare. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
AAPL
Apple Inc.
$340.08TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT
ELV
Elevance Health Inc.
$385.73HealthcareDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — AAPL vs ELV
growth of $100 · dividends reinvested · last 25yAAPL +117199.6%ELV +2205.3%AAPL compounded faster
Log scale — wide-divergence pair
AAPL ELV
AAPL vs ELV: by the numbers
- •AAPL is the larger company ($4.99T vs $83.65B market cap).
- •ELV trades at the lower trailing earnings multiple (16.82 vs 40.74 P/E), one valuation lens rather than an overall verdict.
- •AAPL converts more revenue to profit (27.15% vs 2.47% net margin).
- •ELV grew revenue faster over the past five years (9.25% vs 6.76% CAGR).
- •ELV pays the higher dividend yield (1.81% vs 0.31%).
Metrics side by side
Valuation
| Metric | AAPL | ELV |
|---|---|---|
| P/E ratio | 40.74 | 16.82 |
| Forward P/E | 38.46 | 13.95 |
| P/S ratio | 11.02 | 0.41 |
| P/B ratio | 46.72 | 1.84 |
| PEG ratio | 1.51 | 2.52 |
| EV / EBITDA | 31.40 | 12.78 |
| FCF yield | 2.60% | 7.63% |
Profitability
| Metric | AAPL | ELV |
|---|---|---|
| Gross margin | 47.86% | 25.56% |
| Operating margin | 32.64% | 3.51% |
| Net margin | 27.15% | 2.47% |
| ROE | 115.10% | 11.06% |
| ROIC | 51.97% | 6.65% |
Dividends
| Metric | AAPL | ELV |
|---|---|---|
| Dividend yield | 0.31% | 1.81% |
| Payout ratio | 14.02% | 27.24% |
Growth (annualized)
| Metric | AAPL | ELV |
|---|---|---|
| Revenue CAGR (5Y) | 6.76% | 9.25% |
| EPS CAGR (5Y) | 17.73% | 6.67% |
| FCF CAGR (5Y) | 7.38% | -19.97% |
| Total return CAGR (5Y) | 18.69% | 1.14% |
Frequently asked
- Which has the lower trailing P/E, AAPL or ELV?
- ELV has the lower trailing P/E: AAPL trades at 40.74 and ELV at 16.82. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, AAPL or ELV?
- Over the past five years, ELV grew revenue faster — AAPL at a 6.76% CAGR versus ELV at 9.25%.
- Does AAPL or ELV pay a bigger dividend?
- AAPL yields 0.31% and ELV yields 1.81% based on trailing dividends and the latest price.
- Is AAPL or ELV more profitable?
- AAPL runs the higher net margin — AAPL at 27.15% versus ELV at 2.47%.
- How have AAPL and ELV total returns compared?
- Over the past 10 years, AAPL delivered 30.55% and ELV delivered 12.46% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Apple P/E ratioElevance Health P/E ratioApple dividend yieldElevance Health dividend yieldApple ROEElevance Health ROEApple operating marginElevance Health operating marginApple revenue growthElevance Health revenue growthApple free cash flowElevance Health free cash flow
Apple & Elevance Health appear in these rankings
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Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 28, 2026.