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

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 September 11, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnELV vs LLY

growth of $100 · dividends reinvested · last 10y
ELV +284.4% (+14.4%/yr)LLY +1572.7% (+32.5%/yr)LLY compounded faster over this window
05001k2kStart $10020182020202220242026$384$1,673
ELV LLY

ELV vs LLY: by the numbers

  • LLY is the larger company ($1.05T vs $90.81B market cap).
  • ELV trades at the lower trailing earnings multiple (18.61 vs 37.42 P/E), one valuation lens rather than an overall verdict.
  • LLY converts more revenue to profit (33.53% vs 2.47% net margin).
  • LLY grew revenue faster over the past five years (24.42% vs 9.25% CAGR).
  • ELV pays the higher dividend yield (1.65% vs 0.60%).

Metrics side by side

Valuation

MetricELVLLY
P/E ratio18.6137.42
Forward P/E15.4230.64
P/S ratio0.4513.18
P/B ratio2.0231.00
EV / EBITDA13.8229.91
FCF yield6.93%1.91%

Profitability

MetricELVLLY
Gross margin25.56%84.01%
Operating margin3.51%43.92%
Net margin2.47%33.53%
ROE11.06%78.84%
ROIC6.34%27.38%

Dividends

MetricELVLLY
Dividend yield1.65%0.60%
Payout ratio30.49%22.45%

Growth (annualized)

MetricELVLLY
Revenue CAGR (5Y)9.25%24.42%
EPS CAGR (5Y)6.67%28.88%
FCF CAGR (5Y)-19.97%32.91%
Total return CAGR (5Y)4.62%37.46%

Frequently asked

Which has the lower trailing P/E, ELV or LLY?
ELV has the lower trailing P/E: ELV trades at 18.61 and LLY at 37.42. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ELV or LLY?
Over the past five years, LLY grew revenue faster — ELV at a 9.25% CAGR versus LLY at 24.42%.
Does ELV or LLY pay a bigger dividend?
ELV yields 1.65% and LLY yields 0.60% based on trailing dividends and the latest price.
Is ELV or LLY more profitable?
LLY runs the higher net margin — ELV at 2.47% versus LLY at 33.53%.
How have ELV and LLY total returns compared?
Over the past 10 years, ELV delivered 14.18% and LLY delivered 32.58% annualized total return. 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 September 11, 2026.