Amazon.com, Inc. (AMZN) vs Elevance Health Inc. (ELV)
A side-by-side comparison of Amazon.com, Inc. and Elevance Health Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.
Different business models: AMZN is classified in Consumer Cyclical; ELV is classified in Healthcare. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
AMZN
Amazon.com, Inc.
$230.86Consumer CyclicalDelayed quote: Jul 28, 2026, 4:00 PM EDT
ELV
Elevance Health Inc.
$385.73HealthcareDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — AMZN vs ELV
growth of $100 · dividends reinvested · last 25yAMZN +65542.6%ELV +2205.3%AMZN compounded faster
Log scale — wide-divergence pair
AMZN ELV
AMZN vs ELV: by the numbers
- •AMZN is the larger company ($2.48T vs $83.65B market cap).
- •ELV trades at the lower trailing earnings multiple (16.82 vs 27.68 P/E), one valuation lens rather than an overall verdict.
- •AMZN converts more revenue to profit (12.22% vs 2.47% net margin).
- •AMZN grew revenue faster over the past five years (12.13% vs 9.25% CAGR).
- •ELV pays a dividend (1.81% yield), while AMZN has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | AMZN | ELV |
|---|---|---|
| P/E ratio | 27.68 | 16.82 |
| Forward P/E | 26.18 | 13.95 |
| P/S ratio | 3.39 | 0.41 |
| P/B ratio | 5.69 | 1.84 |
| PEG ratio | 1.10 | 2.52 |
| EV / EBITDA | 16.84 | 12.78 |
| FCF yield | N/A | 7.63% |
Profitability
| Metric | AMZN | ELV |
|---|---|---|
| Gross margin | 50.60% | 25.56% |
| Operating margin | 11.50% | 3.51% |
| Net margin | 12.22% | 2.47% |
| ROE | 20.55% | 11.06% |
| ROIC | 10.70% | 6.65% |
Dividends
| Metric | AMZN | ELV |
|---|---|---|
| Dividend yield | N/A | 1.81% |
| Payout ratio | N/A | 27.24% |
Growth (annualized)
| Metric | AMZN | ELV |
|---|---|---|
| Revenue CAGR (5Y) | 12.13% | 9.25% |
| EPS CAGR (5Y) | 27.90% | 6.67% |
| FCF CAGR (5Y) | -21.57% | -19.97% |
| Total return CAGR (5Y) | 5.00% | 1.14% |
Frequently asked
- Which has the lower trailing P/E, AMZN or ELV?
- ELV has the lower trailing P/E: AMZN trades at 27.68 and ELV at 16.82. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, AMZN or ELV?
- Over the past five years, AMZN grew revenue faster — AMZN at a 12.13% CAGR versus ELV at 9.25%.
- Does AMZN or ELV pay a bigger dividend?
- ELV pays a dividend (1.81% yield), while AMZN has no payments in the available dividend history.
- Is AMZN or ELV more profitable?
- AMZN runs the higher net margin — AMZN at 12.22% versus ELV at 2.47%.
- How have AMZN and ELV total returns compared?
- Over the past 10 years, AMZN delivered 20.18% and ELV delivered 12.46% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Amazon.com P/E ratioElevance Health P/E ratioAmazon.com dividend yieldElevance Health dividend yieldAmazon.com ROEElevance Health ROEAmazon.com operating marginElevance Health operating marginAmazon.com revenue growthElevance Health revenue growthAmazon.com free cash flowElevance Health free cash flow
Amazon.com & Elevance Health appear in these rankings
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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 28, 2026.