Abbott Laboratories (ABT) vs Novartis AG (NVS)
A side-by-side comparison of Abbott Laboratories and Novartis AG across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 2, 2026. Differences are shown without an overall score or investment verdict.
ABT
Abbott Laboratories
$97.50HealthcareDelayed quote: Oct 2, 2026, 4:02 PM EDT
NVS
Novartis AG
$141.00HealthcareDelayed quote: Oct 2, 2026, 4:00 PM EDT
Total return — ABT vs NVS
growth of $100 · dividends reinvested · last 10yABT +196.0% (+11.5%/yr)NVS +219.0% (+12.3%/yr)NVS compounded faster over this window
ABT NVS
ABT vs NVS: by the numbers
- •NVS is the larger company ($268.00B vs $168.71B market cap).
- •NVS trades at the lower trailing earnings multiple (21.27 vs 31.35 P/E), one valuation lens rather than an overall verdict.
- •NVS converts more revenue to profit (22.93% vs 11.65% net margin).
- •ABT grew revenue faster over the past five years (2.98% vs 1.53% CAGR).
- •NVS pays the higher dividend yield (3.38% vs 2.54%).
Metrics side by side
Valuation
| Metric | ABT | NVS |
|---|---|---|
| P/E ratio | 31.35 | 21.27 |
| Forward P/E | 17.67 | 16.02 |
| PEG ratio | 3.79 | 1.38 |
| P/S ratio | 3.62 | 4.82 |
| P/B ratio | 3.30 | 6.45 |
| EV / EBITDA | 18.02 | 13.85 |
| FCF yield | N/A | 5.90% |
Profitability
| Metric | ABT | NVS |
|---|---|---|
| Gross margin | 56.80% | 74.44% |
| Operating margin | 17.03% | 30.54% |
| Net margin | 11.65% | 22.93% |
| ROE | 10.61% | 30.71% |
| ROIC | 6.07% | 13.93% |
Dividends
| Metric | ABT | NVS |
|---|---|---|
| Dividend yield | 2.54% | 3.38% |
| Payout ratio | 79.74% | 71.50% |
Growth (annualized)
| Metric | ABT | NVS |
|---|---|---|
| Revenue CAGR (5Y) | 2.98% | 1.53% |
| EPS CAGR (5Y) | 8.22% | 15.42% |
| FCF CAGR (5Y) | N/A | 8.92% |
| Total return CAGR (5Y) | -1.72% | 16.96% |
Frequently asked
- Which has the lower trailing P/E, ABT or NVS?
- NVS has the lower trailing P/E: ABT trades at 31.35 and NVS at 21.27. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, ABT or NVS?
- Over the past five years, ABT grew revenue faster — ABT at a 2.98% CAGR versus NVS at 1.53%.
- Does ABT or NVS pay a bigger dividend?
- ABT yields 2.54% and NVS yields 3.38% based on trailing dividends and the latest price.
- Is ABT or NVS more profitable?
- NVS runs the higher net margin — ABT at 11.65% versus NVS at 22.93%.
- How have ABT and NVS total returns compared?
- Over the past 10 years, ABT delivered 10.77% and NVS delivered 11.99% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Abbott Laboratories P/E ratioNovartis AG P/E ratioAbbott Laboratories dividend yieldNovartis AG dividend yieldAbbott Laboratories ROENovartis AG ROEAbbott Laboratories operating marginNovartis AG operating marginAbbott Laboratories revenue growthNovartis AG revenue growthAbbott Laboratories free cash flowNovartis AG free cash flow
Abbott Laboratories & Novartis AG 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 October 2, 2026.