AbbVie Inc. (ABBV) vs Elevance Health Inc. (ELV)
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 September 10, 2026. Differences are shown without an overall score or investment verdict.
ABBV
AbbVie Inc.
$257.06HealthcareDelayed quote: Sep 11, 2026, 4:00 PM EDT
ELV
Elevance Health Inc.
$418.72HealthcareDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — ABBV vs ELV
growth of $100 · dividends reinvested · last 10yABBV +507.0% (+19.8%/yr)ELV +284.4% (+14.4%/yr)ABBV compounded faster over this window
ABBV ELV
ABBV vs ELV: by the numbers
- •ABBV is the larger company ($454.17B vs $90.81B market cap).
- •ELV trades at the lower trailing earnings multiple (18.61 vs 72.43 P/E), one valuation lens rather than an overall verdict.
- •ABBV converts more revenue to profit (9.81% vs 2.47% net margin).
- •ELV grew revenue faster over the past five years (9.25% vs 3.69% CAGR).
- •ABBV pays the higher dividend yield (2.68% vs 1.65%).
Metrics side by side
Valuation
| Metric | ABBV | ELV |
|---|---|---|
| P/E ratio | 72.43 | 18.61 |
| Forward P/E | 18.32 | 15.42 |
| P/S ratio | 7.05 | 0.45 |
| P/B ratio | N/A | 2.02 |
| EV / EBITDA | 19.34 | 13.82 |
| FCF yield | 3.99% | 6.93% |
Profitability
| Metric | ABBV | ELV |
|---|---|---|
| Gross margin | 71.48% | 25.56% |
| Operating margin | 29.32% | 3.51% |
| Net margin | 9.81% | 2.47% |
| ROE | N/A | 11.06% |
| ROIC | 13.46% | 6.34% |
Dividends
| Metric | ABBV | ELV |
|---|---|---|
| Dividend yield | 2.68% | 1.65% |
| Payout ratio | 192.43% | 30.49% |
Growth (annualized)
| Metric | ABBV | ELV |
|---|---|---|
| Revenue CAGR (5Y) | 3.69% | 9.25% |
| EPS CAGR (5Y) | -2.79% | 6.67% |
| FCF CAGR (5Y) | 0.11% | -19.97% |
| Total return CAGR (5Y) | 23.51% | 4.62% |
Frequently asked
- Which has the lower trailing P/E, ABBV or ELV?
- ELV has the lower trailing P/E: ABBV trades at 72.43 and ELV at 18.61. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, ABBV or ELV?
- Over the past five years, ELV grew revenue faster — ABBV at a 3.69% CAGR versus ELV at 9.25%.
- Does ABBV or ELV pay a bigger dividend?
- ABBV yields 2.68% and ELV yields 1.65% based on trailing dividends and the latest price.
- Is ABBV or ELV more profitable?
- ABBV runs the higher net margin — ABBV at 9.81% versus ELV at 2.47%.
- How have ABBV and ELV total returns compared?
- Over the past 10 years, ABBV delivered 19.76% and ELV delivered 14.18% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
AbbVie P/E ratioElevance Health P/E ratioAbbVie dividend yieldElevance Health dividend yieldAbbVie ROEElevance Health ROEAbbVie operating marginElevance Health operating marginAbbVie revenue growthElevance Health revenue growthAbbVie free cash flowElevance Health free cash flow
AbbVie & Elevance Health appear in these rankings
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 September 10, 2026.