AbbVie Inc. (ABBV) vs Elevance Health Inc. (ELV)

ABBV leads on 8 of 15 compared metrics, though ELV is the cheaper stock.

A side-by-side comparison of AbbVie Inc. and Elevance Health Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — ABBV vs ELV

growth of $100 · last 14y
ABBV +544.8%ELV +586.1%ELV compounded faster
2004006008001kStart $1002015201820212024$645$686
ABBV ELV

ABBV vs ELV: by the numbers

  • ABBV is the larger company ($402.35B vs $87.75B market cap).
  • ELV trades at the lower earnings multiple (17.19 vs 111.67 P/E).
  • ABBV converts more revenue to profit (5.79% vs 2.62% net margin).
  • ELV grew revenue faster over the past five years (9.97% vs 4.59% CAGR).
  • ABBV pays the higher dividend yield (2.96% vs 1.70%).

Which is better, ABBV or ELV?

Metric tally: ABBV 8 · ELV 7

It depends on what you're optimizing for:

ValueELV(lower P/E)
GrowthELV(faster 5Y revenue CAGR)
IncomeABBV(higher dividend yield)
QualityABBV(higher ROIC)

Valuation

MetricABBVELV
P/E ratio111.6717.19
Forward P/E13.82
P/S ratio6.430.44
P/B ratio14.692.03
PEG ratio2.58
EV / EBITDA27.6312.48
FCF yield5.17%7.24%

Profitability

MetricABBVELV
Gross margin70.68%23.16%
Operating margin27.60%3.81%
Net margin5.79%2.62%
ROE13.23%11.94%
ROIC12.97%6.65%

Dividends

MetricABBVELV
Dividend yield2.96%1.70%
Payout ratio284.39%27.24%

Growth (annualized)

MetricABBVELV
Revenue CAGR (5Y)4.59%9.97%
EPS CAGR (5Y)-2.79%6.67%
FCF CAGR (5Y)3.24%-7.76%
Total return CAGR (5Y)18.95%2.50%

Frequently asked

Which is better, ABBV or ELV?
It depends on your goal. value: ELV (lower P/E); growth: ELV (faster 5Y revenue CAGR); income: ABBV (higher dividend yield); quality: ABBV (higher ROIC). Across all compared metrics, ABBV leads 8 to 7.
Is ABBV or ELV cheaper?
On trailing earnings, ELV is cheaper: ABBV trades at a 111.67 P/E and ELV at 17.19.
Which has grown faster, ABBV or ELV?
Over the past five years, ELV grew revenue faster — ABBV at a 4.59% CAGR versus ELV at 9.97%.
Does ABBV or ELV pay a bigger dividend?
ABBV yields 2.96% and ELV yields 1.70% based on trailing dividends and the latest price.
Is ABBV or ELV more profitable?
ABBV runs the higher net margin — ABBV at 5.79% versus ELV at 2.62%.
Which has been the better investment, ABBV or ELV?
Over the past 10-year, ABBV delivered the higher annualized total return — ABBV at 18.88% versus ELV at 13.43%. Past performance doesn't predict future results.

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 June 13, 2026.