Advanced Micro Devices, Inc. (AMD) vs Merck & Co., Inc. (MRK)
A side-by-side comparison of Advanced Micro Devices, Inc. and Merck & Co., 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; MRK 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
MRK
Merck & Co., Inc.
$143.94HealthcareDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — AMD vs MRK
growth of $100 · dividends reinvested · last 10yAMD +7262.6% (+53.7%/yr)MRK +228.7% (+12.6%/yr)AMD compounded faster over this window
Log scale — wide-divergence pair
AMD MRK
AMD vs MRK: by the numbers
- •AMD is the larger company ($841.60B vs $355.49B market cap).
- •MRK trades at the lower trailing earnings multiple (115.15 vs 132.34 P/E), one valuation lens rather than an overall verdict.
- •AMD converts more revenue to profit (15.58% vs 4.78% net margin).
- •AMD grew revenue faster over the past five years (25.35% vs 7.87% CAGR).
- •MRK pays a dividend (2.32% yield), while AMD is a former payer with no current dividend run rate.
Metrics side by side
Valuation
| Metric | AMD | MRK |
|---|---|---|
| P/E ratio | 132.34 | 115.15 |
| Forward P/E | 68.36 | 52.41 |
| P/S ratio | 20.38 | 5.35 |
| P/B ratio | 12.52 | 8.48 |
| EV / EBITDA | 88.36 | 22.76 |
| FCF yield | 1.00% | 4.52% |
Profitability
| Metric | AMD | MRK |
|---|---|---|
| Gross margin | 53.20% | 75.38% |
| Operating margin | 15.71% | 36.17% |
| Net margin | 15.58% | 4.78% |
| ROE | 9.57% | 7.57% |
| ROIC | 7.58% | 5.80% |
Dividends
| Metric | AMD | MRK |
|---|---|---|
| Dividend yield | N/A | 2.32% |
| Payout ratio | N/A | 268.80% |
Growth (annualized)
| Metric | AMD | MRK |
|---|---|---|
| Revenue CAGR (5Y) | 25.35% | 7.87% |
| EPS CAGR (5Y) | 4.92% | 21.21% |
| FCF CAGR (5Y) | 27.78% | 23.61% |
| Total return CAGR (5Y) | 36.78% | 18.15% |
Frequently asked
- Which has the lower trailing P/E, AMD or MRK?
- MRK has the lower trailing P/E: AMD trades at 132.34 and MRK at 115.15. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, AMD or MRK?
- Over the past five years, AMD grew revenue faster — AMD at a 25.35% CAGR versus MRK at 7.87%.
- Does AMD or MRK pay a bigger dividend?
- MRK pays a dividend (2.32% yield), while AMD is a former payer with no current dividend run rate.
- Is AMD or MRK more profitable?
- AMD runs the higher net margin — AMD at 15.58% versus MRK at 4.78%.
- How have AMD and MRK total returns compared?
- Over the past 10 years, AMD delivered 55.99% and MRK delivered 12.68% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Advanced Micro Devices P/E ratioMerck P/E ratioMerck dividend yieldAdvanced Micro Devices ROEMerck ROEAdvanced Micro Devices operating marginMerck operating marginAdvanced Micro Devices revenue growthMerck revenue growthAdvanced Micro Devices free cash flowMerck free cash flow
Advanced Micro Devices & Merck 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.