AstraZeneca PLC (AZN) vs Elevance Health Inc. (ELV)

AZN leads on 11 of 17 compared metrics, though ELV is the cheaper stock.

A side-by-side comparison of AstraZeneca PLC and Elevance Health Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — AZN vs ELV

growth of $100 · last 25y
AZN +299.9%ELV +1875.9%ELV compounded faster
01k2kStart $10020062011201620212026$400$1,976
AZN ELV

AZN vs ELV: by the numbers

  • AZN is the larger company ($277.22B vs $87.75B market cap).
  • ELV trades at the lower earnings multiple (17.19 vs 26.92 P/E).
  • AZN converts more revenue to profit (17.19% vs 2.62% net margin).
  • AZN grew revenue faster over the past five years (16.99% vs 9.97% CAGR).
  • AZN pays the higher dividend yield (1.79% vs 1.70%).

Which is better, AZN or ELV?

Metric tally: AZN 11 · ELV 6

It depends on what you're optimizing for:

ValueELV(lower P/E)
GrowthAZN(faster 5Y revenue CAGR)
IncomeAZN(higher dividend yield)
QualityAZN(higher ROIC)

Valuation

MetricAZNELV
P/E ratio26.9217.19
Forward P/E15.3313.82
P/S ratio4.620.44
P/B ratio5.902.03
PEG ratio0.142.58
EV / EBITDA14.9212.48
FCF yield3.26%7.24%

Profitability

MetricAZNELV
Gross margin81.68%23.16%
Operating margin23.69%3.81%
Net margin17.19%2.62%
ROE21.95%11.94%
ROIC13.03%6.65%

Dividends

MetricAZNELV
Dividend yield1.79%1.70%
Payout ratio48.48%27.24%

Growth (annualized)

MetricAZNELV
Revenue CAGR (5Y)16.99%9.97%
EPS CAGR (5Y)22.02%6.67%
FCF CAGR (5Y)18.52%-7.76%
Total return CAGR (5Y)11.03%2.50%

Frequently asked

Which is better, AZN or ELV?
It depends on your goal. value: ELV (lower P/E); growth: AZN (faster 5Y revenue CAGR); income: AZN (higher dividend yield); quality: AZN (higher ROIC). Across all compared metrics, AZN leads 11 to 6.
Is AZN or ELV cheaper?
On trailing earnings, ELV is cheaper: AZN trades at a 26.92 P/E and ELV at 17.19.
Which has grown faster, AZN or ELV?
Over the past five years, AZN grew revenue faster — AZN at a 16.99% CAGR versus ELV at 9.97%.
Does AZN or ELV pay a bigger dividend?
AZN yields 1.79% and ELV yields 1.70% based on trailing dividends and the latest price.
Is AZN or ELV more profitable?
AZN runs the higher net margin — AZN at 17.19% versus ELV at 2.62%.
Which has been the better investment, AZN or ELV?
Over the past 10-year, AZN delivered the higher annualized total return — AZN at 15.77% versus ELV at 13.43%. 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 13, 2026.