Advanced Micro Devices, Inc. (AMD) vs Merck & Co., Inc. (MRK)

MRK leads on 10 of 14 compared metrics.

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 June 15, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — AMD vs MRK

growth of $100 · last 30y
AMD +6245.1%MRK +292.5%AMD compounded faster
Log scale — wide-divergence pair
101001k10kStart $100200120062011201620212026$6,345$393
AMD MRK

AMD vs MRK: by the numbers

  • AMD is the larger company ($834.17B vs $294.03B market cap).
  • MRK trades at the lower earnings multiple (33.54 vs 167.18 P/E).
  • MRK converts more revenue to profit (13.62% vs 13.37% net margin).
  • AMD grew revenue faster over the past five years (26.80% vs 8.60% CAGR).
  • MRK pays a dividend (3.50% yield) while AMD does not currently pay one.

Which is better, AMD or MRK?

Metric tally: AMD 4 · MRK 10

It depends on what you're optimizing for:

ValueMRK(lower P/E)
GrowthAMD(faster 5Y revenue CAGR)
QualityMRK(higher ROIC)

Metrics side by side

Valuation

MetricAMDMRK
P/E ratio167.1833.54
Forward P/E12.35
P/S ratio22.544.49
P/B ratio13.096.41
PEG ratio0.491.81
EV / EBITDA104.1819.58
FCF yield1.02%4.80%

Profitability

MetricAMDMRK
Gross margin50.28%75.91%
Operating margin11.65%27.59%
Net margin13.37%13.62%
ROE7.77%19.48%
ROIC5.40%18.27%

Dividends

MetricAMDMRK
Dividend yield3.50%
Payout ratio57.12%

Growth (annualized)

MetricAMDMRK
Revenue CAGR (5Y)26.80%8.60%
EPS CAGR (5Y)4.92%21.21%
FCF CAGR (5Y)37.73%15.69%
Total return CAGR (5Y)44.44%12.79%

Frequently asked

Which is better, AMD or MRK?
It depends on your goal. value: MRK (lower P/E); growth: AMD (faster 5Y revenue CAGR); quality: MRK (higher ROIC). Across all compared metrics, MRK leads 10 to 4.
Is AMD or MRK cheaper?
On trailing earnings, MRK is cheaper: AMD trades at a 167.18 P/E and MRK at 33.54.
Which has grown faster, AMD or MRK?
Over the past five years, AMD grew revenue faster — AMD at a 26.80% CAGR versus MRK at 8.60%.
Does AMD or MRK pay a bigger dividend?
MRK pays a dividend (3.50% yield) while AMD does not currently pay one.
Is AMD or MRK more profitable?
MRK runs the higher net margin — AMD at 13.37% versus MRK at 13.62%.
Which has been the better investment, AMD or MRK?
Over the past 10-year, AMD delivered the higher annualized total return — AMD at 61.16% versus MRK at 11.57%. 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 15, 2026.