Is DHR or ELV cheaper?

On trailing earnings, ELV is cheaper: DHR trades at a 34.84 P/E and ELV at 17.19.

Which has grown faster, DHR or ELV?

Over the past five years, ELV grew revenue faster — DHR at a 2.05% CAGR versus ELV at 9.97%.

Does DHR or ELV pay a bigger dividend?

DHR yields 0.76% and ELV yields 1.70% based on trailing dividends and the latest price.

Is DHR or ELV more profitable?

DHR runs the higher net margin — DHR at 14.89% versus ELV at 2.62%.

Which has been the better investment, DHR or ELV?

Over the past 10-year, ELV delivered the higher annualized total return — DHR at 10.98% versus ELV at 13.43%. Past performance doesn't predict future results.

Danaher Corporation (DHR) vs Elevance Health Inc. (ELV)

ELV leads on 13 of 17 compared metrics.

A side-by-side comparison of Danaher Corporation 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 — DHR vs ELV

growth of $100 · last 25y

DHR +1778.0%ELV +1875.9%ELV compounded faster

DHR ELV

DHR vs ELV: by the numbers

•DHR is the larger company ($127.47B vs $87.75B market cap).
•ELV trades at the lower earnings multiple (17.19 vs 34.84 P/E).
•DHR converts more revenue to profit (14.89% vs 2.62% net margin).
•ELV grew revenue faster over the past five years (9.97% vs 2.05% CAGR).
•ELV pays the higher dividend yield (1.70% vs 0.76%).

Which is better, DHR or ELV?

Metric tally: DHR 4 · ELV 13

It depends on what you're optimizing for:

ValueELV(lower P/E)

GrowthELV(faster 5Y revenue CAGR)

IncomeELV(higher dividend yield)

QualityELV(higher ROIC)

Valuation

Metric	DHR	ELV
P/E ratio	34.84	17.19●
Forward P/E	19.73	13.82●
P/S ratio	5.17	0.44●
P/B ratio	2.42	2.03●
PEG ratio	87.09	2.58●
EV / EBITDA	21.20	12.48●
FCF yield	4.13%	7.24%●

Profitability

Metric	DHR	ELV
Gross margin	60.68%●	23.16%
Operating margin	20.95%●	3.81%
Net margin	14.89%●	2.62%
ROE	6.97%	11.94%●
ROIC	5.72%	6.65%●

Dividends

Metric	DHR	ELV
Dividend yield	0.76%	1.70%●
Payout ratio	26.82%	27.24%

Growth (annualized)

Metric	DHR	ELV
Revenue CAGR (5Y)	2.05%	9.97%●
EPS CAGR (5Y)	0.40%	6.67%●
FCF CAGR (5Y)	-0.45%●	-7.76%
Total return CAGR (5Y)	-3.38%	2.50%●

Frequently asked

Which is better, DHR or ELV?: It depends on your goal. value: ELV (lower P/E); growth: ELV (faster 5Y revenue CAGR); income: ELV (higher dividend yield); quality: ELV (higher ROIC). Across all compared metrics, ELV leads 13 to 4.
Is DHR or ELV cheaper?: On trailing earnings, ELV is cheaper: DHR trades at a 34.84 P/E and ELV at 17.19.
Which has grown faster, DHR or ELV?: Over the past five years, ELV grew revenue faster — DHR at a 2.05% CAGR versus ELV at 9.97%.
Does DHR or ELV pay a bigger dividend?: DHR yields 0.76% and ELV yields 1.70% based on trailing dividends and the latest price.
Is DHR or ELV more profitable?: DHR runs the higher net margin — DHR at 14.89% versus ELV at 2.62%.
Which has been the better investment, DHR or ELV?: Over the past 10-year, ELV delivered the higher annualized total return — DHR at 10.98% versus ELV at 13.43%. Past performance doesn't predict future results.

Go deeper

Full DHR analysis Full ELV analysis Interactive comparison tool

Dig into the metrics

Danaher P/E ratio Elevance Health P/E ratio Danaher dividend yield Elevance Health dividend yield Danaher ROE Elevance Health ROE Danaher operating margin Elevance Health operating margin Danaher revenue growth Elevance Health revenue growth Danaher free cash flow Elevance Health free cash flow

Danaher & Elevance Health appear in these rankings

Highest FCF Yield Stocks Best 10-Year Total Return Stocks

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.