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 August 20, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnELV vs MRNA

growth of $100 · dividends reinvested · last 8y
ELV +53.7% (+5.5%/yr)MRNA +837.5% (+32.3%/yr)MRNA compounded faster over this window
Log scale — wide-divergence pair
101001k10kStart $1002020202220242026$154$938
ELV MRNA

ELV vs MRNA: by the numbers

  • ELV is the larger company ($86.41B vs $69.19B 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 (1.72% yield), while MRNA has no payments in the available dividend history.

Metrics side by side

Valuation

MetricELVMRNA
P/E ratio17.71N/A
Forward P/E14.68N/A
P/S ratio0.4330.99
P/B ratio1.9310.21
EV / EBITDA13.33N/A
FCF yield7.24%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 yield1.72%N/A
Payout ratio27.24%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)2.64%-14.22%

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 (1.72% 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 13.46% and MRNA delivered -14.22% 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 August 20, 2026.