Bristol-Myers Squibb Company (BMY) vs Elevance Health Inc. (ELV)

BMY leads on 13 of 17 compared metrics.

A side-by-side comparison of Bristol-Myers Squibb Company and Elevance Health Inc. 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 — BMY vs ELV

growth of $100 · last 25y
BMY +4.1%ELV +1875.9%ELV compounded faster
Log scale — wide-divergence pair
101001k10kStart $10020062011201620212026$104$1,976
BMY ELV

BMY vs ELV: by the numbers

  • BMY is the larger company ($116.66B vs $87.75B market cap).
  • BMY trades at the lower earnings multiple (16.05 vs 17.19 P/E).
  • BMY converts more revenue to profit (15.01% vs 2.62% net margin).
  • ELV grew revenue faster over the past five years (9.97% vs 2.52% CAGR).
  • BMY pays the higher dividend yield (4.38% vs 1.70%).

Which is better, BMY or ELV?

Metric tally: BMY 13 · ELV 4

It depends on what you're optimizing for:

ValueBMY(lower P/E)
GrowthELV(faster 5Y revenue CAGR)
IncomeBMY(higher dividend yield)
QualityBMY(higher ROIC)

Valuation

MetricBMYELV
P/E ratio16.0517.19
Forward P/E9.3113.82
P/S ratio2.410.44
P/B ratio5.822.03
PEG ratio1.712.58
EV / EBITDA11.0312.48
FCF yield10.20%7.24%

Profitability

MetricBMYELV
Gross margin68.75%23.16%
Operating margin25.67%3.81%
Net margin15.01%2.62%
ROE36.25%11.94%
ROIC13.90%6.65%

Dividends

MetricBMYELV
Dividend yield4.38%1.70%
Payout ratio72.25%27.24%

Growth (annualized)

MetricBMYELV
Revenue CAGR (5Y)2.52%9.97%
EPS CAGR (5Y)9.38%6.67%
FCF CAGR (5Y)-2.50%-7.76%
Total return CAGR (5Y)0.74%2.50%

Frequently asked

Which is better, BMY or ELV?
It depends on your goal. value: BMY (lower P/E); growth: ELV (faster 5Y revenue CAGR); income: BMY (higher dividend yield); quality: BMY (higher ROIC). Across all compared metrics, BMY leads 13 to 4.
Is BMY or ELV cheaper?
On trailing earnings, BMY is cheaper: BMY trades at a 16.05 P/E and ELV at 17.19.
Which has grown faster, BMY or ELV?
Over the past five years, ELV grew revenue faster — BMY at a 2.52% CAGR versus ELV at 9.97%.
Does BMY or ELV pay a bigger dividend?
BMY yields 4.38% and ELV yields 1.70% based on trailing dividends and the latest price.
Is BMY or ELV more profitable?
BMY runs the higher net margin — BMY at 15.01% versus ELV at 2.62%.
Which has been the better investment, BMY or ELV?
Over the past 10-year, ELV delivered the higher annualized total return — BMY at 1.08% 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 14, 2026.