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.
ELV
Elevance Health Inc.
$418.72HealthcareDelayed quote: Sep 11, 2026, 4:00 PM EDT
LLY
Eli Lilly and Company
$1,115.25HealthcareDelayed quote: Sep 11, 2026, 3:59 PM EDT
Total return — ELV vs LLY
growth of $100 · dividends reinvested · last 10yELV +284.4% (+14.4%/yr)LLY +1572.7% (+32.5%/yr)LLY compounded faster over this window
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
| Metric | ELV | LLY |
|---|---|---|
| P/E ratio | 18.61 | 37.42 |
| Forward P/E | 15.42 | 30.64 |
| P/S ratio | 0.45 | 13.18 |
| P/B ratio | 2.02 | 31.00 |
| EV / EBITDA | 13.82 | 29.91 |
| FCF yield | 6.93% | 1.91% |
Profitability
| Metric | ELV | LLY |
|---|---|---|
| Gross margin | 25.56% | 84.01% |
| Operating margin | 3.51% | 43.92% |
| Net margin | 2.47% | 33.53% |
| ROE | 11.06% | 78.84% |
| ROIC | 6.34% | 27.38% |
Dividends
| Metric | ELV | LLY |
|---|---|---|
| Dividend yield | 1.65% | 0.60% |
| Payout ratio | 30.49% | 22.45% |
Growth (annualized)
| Metric | ELV | LLY |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Elevance Health P/E ratioEli Lilly P/E ratioElevance Health dividend yieldEli Lilly dividend yieldElevance Health ROEEli Lilly ROEElevance Health operating marginEli Lilly operating marginElevance Health revenue growthEli Lilly revenue growthElevance Health free cash flowEli Lilly free cash flow
Elevance Health & Eli Lilly 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 September 11, 2026.