Elevance Health Inc. (ELV) vs Eli Lilly and Company (LLY)

LLY leads on 10 of 17 compared metrics, though ELV is the cheaper stock.

A side-by-side comparison of Elevance Health Inc. and Eli Lilly and Company 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 — ELV vs LLY

growth of $100 · last 25y
ELV +1875.9%LLY +1366.3%ELV compounded faster
01k2kStart $10020062011201620212026$1,976$1,466
ELV LLY

ELV vs LLY: by the numbers

  • LLY is the larger company ($1.07T vs $87.75B market cap).
  • ELV trades at the lower earnings multiple (17.19 vs 40.25 P/E).
  • LLY converts more revenue to profit (34.98% vs 2.62% net margin).
  • LLY grew revenue faster over the past five years (23.17% vs 9.97% CAGR).
  • ELV pays the higher dividend yield (1.70% vs 0.57%).

Which is better, ELV or LLY?

Metric tally: ELV 7 · LLY 10

It depends on what you're optimizing for:

ValueELV(lower P/E)
GrowthLLY(faster 5Y revenue CAGR)
IncomeELV(higher dividend yield)
QualityLLY(higher ROIC)

Valuation

MetricELVLLY
P/E ratio17.1940.25
Forward P/E13.8225.41
P/S ratio0.4414.05
P/B ratio2.0332.54
PEG ratio2.580.49
EV / EBITDA12.4831.47
FCF yield7.24%1.34%

Profitability

MetricELVLLY
Gross margin23.16%83.51%
Operating margin3.81%45.87%
Net margin2.62%34.98%
ROE11.94%81.01%
ROIC6.65%30.20%

Dividends

MetricELVLLY
Dividend yield1.70%0.57%
Payout ratio27.24%28.09%

Growth (annualized)

MetricELVLLY
Revenue CAGR (5Y)9.97%23.17%
EPS CAGR (5Y)6.67%28.88%
FCF CAGR (5Y)-7.76%19.54%
Total return CAGR (5Y)2.50%39.57%

Frequently asked

Which is better, ELV or LLY?
It depends on your goal. value: ELV (lower P/E); growth: LLY (faster 5Y revenue CAGR); income: ELV (higher dividend yield); quality: LLY (higher ROIC). Across all compared metrics, LLY leads 10 to 7.
Is ELV or LLY cheaper?
On trailing earnings, ELV is cheaper: ELV trades at a 17.19 P/E and LLY at 40.25.
Which has grown faster, ELV or LLY?
Over the past five years, LLY grew revenue faster — ELV at a 9.97% CAGR versus LLY at 23.17%.
Does ELV or LLY pay a bigger dividend?
ELV yields 1.70% and LLY yields 0.57% based on trailing dividends and the latest price.
Is ELV or LLY more profitable?
LLY runs the higher net margin — ELV at 2.62% versus LLY at 34.98%.
Which has been the better investment, ELV or LLY?
Over the past 10-year, LLY delivered the higher annualized total return — ELV at 13.43% versus LLY at 33.50%. 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.