Elevance Health Inc. (ELV) vs Moderna, Inc. (MRNA)

A side-by-side comparison of Elevance Health Inc. and Moderna, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 4, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — ELV vs MRNA

growth of $100 · dividends reinvested · last 8y
ELV +49.7% (+5.2%/yr)MRNA +921.6% (+33.7%/yr)MRNA compounded faster over this window
Log scale — wide-divergence pair
101001k10kStart $1002020202220242026$150$1,022
ELV MRNA

ELV vs MRNA: by the numbers

  • •ELV is the larger company ($83.80B vs $75.39B market cap).
  • •ELV is profitable (2.47% net margin) while MRNA runs a net loss (-141.43%).
  • •MRNA grew revenue faster over the past five years (19.33% vs 9.25% CAGR).
  • •ELV pays a dividend (1.78% yield), while MRNA has no payments in the available dividend history.

Metrics side by side

Valuation

MetricELVMRNA
P/E ratio17.17N/A
Forward P/E14.22N/A
PEG ratio2.48N/A
P/S ratio0.4233.84
P/B ratio1.8711.15
EV / EBITDA12.95N/A
FCF yield7.50%N/A

Profitability

MetricELVMRNA
Gross margin25.56%55.35%
Operating margin3.51%-158.13%
Net margin2.47%-141.43%
ROE11.06%-46.61%
ROIC6.34%-39.16%

Dividends

MetricELVMRNA
Dividend yield1.78%N/A
Payout ratio30.53%N/A

Growth (annualized)

MetricELVMRNA
Revenue CAGR (5Y)9.25%19.33%
EPS CAGR (5Y)6.67%N/A
FCF CAGR (5Y)-19.97%N/A
Total return CAGR (5Y)2.03%-11.04%

Frequently asked

Which has grown faster, ELV or MRNA?
Over the past five years, MRNA grew revenue faster — ELV at a 9.25% CAGR versus MRNA at 19.33%.
Does ELV or MRNA pay a bigger dividend?
ELV pays a dividend (1.78% yield), while MRNA has no payments in the available dividend history.
Is ELV or MRNA more profitable?
ELV runs the higher net margin — ELV at 2.47% versus MRNA at -141.43%.
How have ELV and MRNA total returns compared?
Over the past 5 years, ELV delivered 2.03% and MRNA delivered -11.04% 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 October 4, 2026.