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).
BMY
Bristol-Myers Squibb Company
$57.13Healthcare
ELV
Elevance Health Inc.
$404.07Healthcare
Total return — BMY vs ELV
growth of $100 · last 25yBMY +4.1%ELV +1875.9%ELV compounded faster
Log scale — wide-divergence pair
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 4It depends on what you're optimizing for:
ValueBMY(lower P/E)
GrowthELV(faster 5Y revenue CAGR)
IncomeBMY(higher dividend yield)
QualityBMY(higher ROIC)
Valuation
| Metric | BMY | ELV |
|---|---|---|
| P/E ratio | 16.05● | 17.19 |
| Forward P/E | 9.31● | 13.82 |
| P/S ratio | 2.41 | 0.44● |
| P/B ratio | 5.82 | 2.03● |
| PEG ratio | 1.71● | 2.58 |
| EV / EBITDA | 11.03● | 12.48 |
| FCF yield | 10.20%● | 7.24% |
Profitability
| Metric | BMY | ELV |
|---|---|---|
| Gross margin | 68.75%● | 23.16% |
| Operating margin | 25.67%● | 3.81% |
| Net margin | 15.01%● | 2.62% |
| ROE | 36.25%● | 11.94% |
| ROIC | 13.90%● | 6.65% |
Dividends
| Metric | BMY | ELV |
|---|---|---|
| Dividend yield | 4.38%● | 1.70% |
| Payout ratio | 72.25% | 27.24% |
Growth (annualized)
| Metric | BMY | ELV |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Bristol-Myers Squibb P/E ratioElevance Health P/E ratioBristol-Myers Squibb dividend yieldElevance Health dividend yieldBristol-Myers Squibb ROEElevance Health ROEBristol-Myers Squibb operating marginElevance Health operating marginBristol-Myers Squibb revenue growthElevance Health revenue growthBristol-Myers Squibb free cash flowElevance Health free cash flow
Bristol-Myers Squibb & Elevance Health appear in these rankings
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.