Elevance Health Inc. (ELV) vs Microsoft Corporation (MSFT)

A side-by-side comparison of Elevance Health Inc. and Microsoft Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.

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Different business models: ELV is classified in Healthcare; MSFT is classified in Technology. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

Total returnELV vs MSFT

growth of $100 · dividends reinvested · last 25y
ELV +2205.3%MSFT +1838.8%ELV compounded faster
01k2k3kStart $10020062011201620212026$2,305$1,939
ELV MSFT

ELV vs MSFT: by the numbers

  • MSFT is the larger company ($2.92T vs $83.65B market cap).
  • ELV trades at the lower trailing earnings multiple (16.82 vs 23.16 P/E), one valuation lens rather than an overall verdict.
  • MSFT converts more revenue to profit (39.34% vs 2.47% net margin).
  • MSFT grew revenue faster over the past five years (14.75% vs 9.25% CAGR).
  • ELV pays the higher dividend yield (1.81% vs 0.91%).

Metrics side by side

Valuation

MetricELVMSFT
P/E ratio16.8223.16
Forward P/E13.9522.87
P/S ratio0.419.10
P/B ratio1.846.99
PEG ratio2.522.34
EV / EBITDA12.7815.53
FCF yield7.63%2.52%

Profitability

MetricELVMSFT
Gross margin25.56%68.31%
Operating margin3.51%46.80%
Net margin2.47%39.34%
ROE11.06%30.22%
ROIC6.65%21.63%

Dividends

MetricELVMSFT
Dividend yield1.81%0.91%
Payout ratio27.24%25.99%

Growth (annualized)

MetricELVMSFT
Revenue CAGR (5Y)9.25%14.75%
EPS CAGR (5Y)6.67%18.68%
FCF CAGR (5Y)-19.97%6.27%
Total return CAGR (5Y)1.14%7.19%

Frequently asked

Which has the lower trailing P/E, ELV or MSFT?
ELV has the lower trailing P/E: ELV trades at 16.82 and MSFT at 23.16. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ELV or MSFT?
Over the past five years, MSFT grew revenue faster — ELV at a 9.25% CAGR versus MSFT at 14.75%.
Does ELV or MSFT pay a bigger dividend?
ELV yields 1.81% and MSFT yields 0.91% based on trailing dividends and the latest price.
Is ELV or MSFT more profitable?
MSFT runs the higher net margin — ELV at 2.47% versus MSFT at 39.34%.
How have ELV and MSFT total returns compared?
Over the past 10 years, ELV delivered 12.46% and MSFT delivered 22.86% 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 July 28, 2026.