Which has the lower trailing P/E, AMGN or CVS?

AMGN has the lower trailing P/E: AMGN trades at 26.98 and CVS at 46.35. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, AMGN or CVS?

Over the past five years, CVS grew revenue faster — AMGN at a 8.15% CAGR versus CVS at 8.52%.

Does AMGN or CVS pay a bigger dividend?

AMGN yields 2.53% and CVS yields 2.53% based on trailing dividends and the latest price.

Is AMGN or CVS more profitable?

AMGN runs the higher net margin — AMGN at 20.95% versus CVS at 0.72%.

How have AMGN and CVS total returns compared?

Over the past 10 years, AMGN delivered 11.74% and CVS delivered 4.41% annualized total return. Past performance doesn't predict future results.

Amgen Inc. (AMGN) vs CVS Health Corp. (CVS)

A side-by-side comparison of Amgen Inc. and CVS Health Corp. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 31, 2026. Differences are shown without an overall score or investment verdict.

AMGN

Amgen Inc.

$207.87B

$385.16HealthcareDelayed quote: Jul 31, 2026, 4:00 PM EDT

CVS

CVS Health Corp.

$133.25B

$104.43HealthcareDelayed quote: Jul 31, 2026, 4:00 PM EDT

Total return — AMGN vs CVS

growth of $100 · dividends reinvested · last 30y

AMGN +4125.1%CVS +1704.0%AMGN compounded faster

AMGN CVS

AMGN vs CVS: by the numbers

•AMGN is the larger company ($207.87B vs $133.25B market cap).
•AMGN trades at the lower trailing earnings multiple (26.98 vs 46.35 P/E), one valuation lens rather than an overall verdict.
•AMGN converts more revenue to profit (20.95% vs 0.72% net margin).
•CVS grew revenue faster over the past five years (8.52% vs 8.15% CAGR).
•CVS pays the higher dividend yield (2.53% vs 2.53%).

Metrics side by side

Valuation

Metric	AMGN	CVS
P/E ratio	26.98	46.35
Forward P/E	17.34	14.12
P/S ratio	5.66	0.33
P/B ratio	22.95	1.74
PEG ratio	0.26	N/A
EV / EBITDA	15.36	19.31
FCF yield	4.08%	5.49%

Profitability

Metric	AMGN	CVS
Gross margin	71.46%	13.87%
Operating margin	31.63%	1.46%
Net margin	20.95%	0.72%
ROE	84.87%	3.79%
ROIC	13.16%	4.72%

Dividends

Metric	AMGN	CVS
Dividend yield	2.53%	2.53%
Payout ratio	68.39%	190.00%

Growth (annualized)

Metric	AMGN	CVS
Revenue CAGR (5Y)	8.15%	8.52%
EPS CAGR (5Y)	2.94%	-23.89%
FCF CAGR (5Y)	-2.66%	-10.57%
Total return CAGR (5Y)	13.44%	8.49%

Frequently asked

Which has the lower trailing P/E, AMGN or CVS?: AMGN has the lower trailing P/E: AMGN trades at 26.98 and CVS at 46.35. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AMGN or CVS?: Over the past five years, CVS grew revenue faster — AMGN at a 8.15% CAGR versus CVS at 8.52%.
Does AMGN or CVS pay a bigger dividend?: AMGN yields 2.53% and CVS yields 2.53% based on trailing dividends and the latest price.
Is AMGN or CVS more profitable?: AMGN runs the higher net margin — AMGN at 20.95% versus CVS at 0.72%.
How have AMGN and CVS total returns compared?: Over the past 10 years, AMGN delivered 11.74% and CVS delivered 4.41% annualized total return. Past performance doesn't predict future results.

Go deeper

Full AMGN analysis Full CVS analysis Interactive comparison tool

Dig into the metrics

Amgen P/E ratio CVS Health P/E ratio Amgen dividend yield CVS Health dividend yield Amgen ROE CVS Health ROE Amgen operating margin CVS Health operating margin Amgen revenue growth CVS Health revenue growth Amgen free cash flow CVS Health free cash flow

Amgen & CVS Health appear in these rankings

Highest Dividend Yield Stocks Highest ROE Stocks Highest Operating Margin Stocks Highest FCF Yield Stocks

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 July 31, 2026.