Advanced Micro Devices, Inc. (AMD) vs Elevance Health Inc. (ELV)
A side-by-side comparison of Advanced Micro Devices, 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.
Different business models: AMD is classified in Technology; ELV is classified in Healthcare. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
AMD
Advanced Micro Devices, Inc.
$516.13TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
ELV
Elevance Health Inc.
$418.72HealthcareDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — AMD vs ELV
growth of $100 · dividends reinvested · last 10yAMD +7262.6% (+53.7%/yr)ELV +284.4% (+14.4%/yr)AMD compounded faster over this window
Log scale — wide-divergence pair
AMD ELV
AMD vs ELV: by the numbers
- •AMD is the larger company ($841.60B vs $90.81B market cap).
- •ELV trades at the lower trailing earnings multiple (18.61 vs 132.34 P/E), one valuation lens rather than an overall verdict.
- •AMD converts more revenue to profit (15.58% vs 2.47% net margin).
- •AMD grew revenue faster over the past five years (25.35% vs 9.25% CAGR).
- •ELV pays a dividend (1.65% yield), while AMD is a former payer with no current dividend run rate.
Metrics side by side
Valuation
| Metric | AMD | ELV |
|---|---|---|
| P/E ratio | 132.34 | 18.61 |
| Forward P/E | 68.36 | 15.42 |
| P/S ratio | 20.38 | 0.45 |
| P/B ratio | 12.52 | 2.02 |
| EV / EBITDA | 88.36 | 13.82 |
| FCF yield | 1.00% | 6.93% |
Profitability
| Metric | AMD | ELV |
|---|---|---|
| Gross margin | 53.20% | 25.56% |
| Operating margin | 15.71% | 3.51% |
| Net margin | 15.58% | 2.47% |
| ROE | 9.57% | 11.06% |
| ROIC | 7.58% | 6.34% |
Dividends
| Metric | AMD | ELV |
|---|---|---|
| Dividend yield | N/A | 1.65% |
| Payout ratio | N/A | 30.49% |
Growth (annualized)
| Metric | AMD | ELV |
|---|---|---|
| Revenue CAGR (5Y) | 25.35% | 9.25% |
| EPS CAGR (5Y) | 4.92% | 6.67% |
| FCF CAGR (5Y) | 27.78% | -19.97% |
| Total return CAGR (5Y) | 36.78% | 4.62% |
Frequently asked
- Which has the lower trailing P/E, AMD or ELV?
- ELV has the lower trailing P/E: AMD trades at 132.34 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, AMD or ELV?
- Over the past five years, AMD grew revenue faster — AMD at a 25.35% CAGR versus ELV at 9.25%.
- Does AMD or ELV pay a bigger dividend?
- ELV pays a dividend (1.65% yield), while AMD is a former payer with no current dividend run rate.
- Is AMD or ELV more profitable?
- AMD runs the higher net margin — AMD at 15.58% versus ELV at 2.47%.
- How have AMD and ELV total returns compared?
- Over the past 10 years, AMD delivered 55.99% and ELV delivered 14.18% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Advanced Micro Devices P/E ratioElevance Health P/E ratioElevance Health dividend yieldAdvanced Micro Devices ROEElevance Health ROEAdvanced Micro Devices operating marginElevance Health operating marginAdvanced Micro Devices revenue growthElevance Health revenue growthAdvanced Micro Devices free cash flowElevance Health free cash flow
Advanced Micro Devices & 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.