Amgen Inc. (AMGN) vs Eli Lilly and Company (LLY)

AMGN leads on 9 of 17 compared metrics.

A side-by-side comparison of Amgen Inc. and Eli Lilly and Company across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — AMGN vs LLY

growth of $100 · last 30y
AMGN +2313.0%LLY +3468.5%LLY compounded faster
01k2k3kStart $100200120062011201620212026$2,413$3,569
AMGN LLY

AMGN vs LLY: by the numbers

  • LLY is the larger company ($1.07T vs $191.70B market cap).
  • AMGN trades at the lower earnings multiple (24.72 vs 40.25 P/E).
  • LLY converts more revenue to profit (34.98% vs 20.95% net margin).
  • LLY grew revenue faster over the past five years (23.17% vs 8.15% CAGR).
  • AMGN pays the higher dividend yield (2.76% vs 0.57%).

Which is better, AMGN or LLY?

Metric tally: AMGN 9 · LLY 8

It depends on what you're optimizing for:

ValueAMGN(lower P/E)
GrowthLLY(faster 5Y revenue CAGR)
IncomeAMGN(higher dividend yield)
QualityLLY(higher ROIC)

Metrics side by side

Valuation

MetricAMGNLLY
P/E ratio24.7240.25
Forward P/E15.1525.41
P/S ratio5.1914.05
P/B ratio21.0332.54
PEG ratio0.260.49
EV / EBITDA14.2931.47
FCF yield4.45%1.34%

Profitability

MetricAMGNLLY
Gross margin71.46%83.51%
Operating margin31.63%45.87%
Net margin20.95%34.98%
ROE84.87%81.01%
ROIC13.16%30.20%

Dividends

MetricAMGNLLY
Dividend yield2.76%0.57%
Payout ratio68.39%28.09%

Growth (annualized)

MetricAMGNLLY
Revenue CAGR (5Y)8.15%23.17%
EPS CAGR (5Y)2.94%28.88%
FCF CAGR (5Y)-2.66%19.54%
Total return CAGR (5Y)11.36%39.57%

Frequently asked

Which is better, AMGN or LLY?
It depends on your goal. value: AMGN (lower P/E); growth: LLY (faster 5Y revenue CAGR); income: AMGN (higher dividend yield); quality: LLY (higher ROIC). Across all compared metrics, AMGN leads 9 to 8.
Is AMGN or LLY cheaper?
On trailing earnings, AMGN is cheaper: AMGN trades at a 24.72 P/E and LLY at 40.25.
Which has grown faster, AMGN or LLY?
Over the past five years, LLY grew revenue faster — AMGN at a 8.15% CAGR versus LLY at 23.17%.
Does AMGN or LLY pay a bigger dividend?
AMGN yields 2.76% and LLY yields 0.57% based on trailing dividends and the latest price.
Is AMGN or LLY more profitable?
LLY runs the higher net margin — AMGN at 20.95% versus LLY at 34.98%.
Which has been the better investment, AMGN or LLY?
Over the past 10-year, LLY delivered the higher annualized total return — AMGN at 11.94% versus LLY at 33.50%. 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 14, 2026.