Which has the lower trailing P/E, ELV or SYK?

ELV has the lower trailing P/E: ELV trades at 18.04 and SYK at 32.35. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, ELV or SYK?

Over the past five years, SYK grew revenue faster — ELV at a 9.25% CAGR versus SYK at 9.72%.

Does ELV or SYK pay a bigger dividend?

ELV yields 1.69% and SYK yields 1.11% based on trailing dividends and the latest price.

Is ELV or SYK more profitable?

SYK runs the higher net margin — ELV at 2.47% versus SYK at 14.43%.

How have ELV and SYK total returns compared?

Over the past 10 years, ELV delivered 14.14% and SYK delivered 11.67% annualized total return. Past performance doesn't predict future results.

Elevance Health Inc. (ELV) vs Stryker Corporation (SYK)

A side-by-side comparison of Elevance Health Inc. and Stryker Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 3, 2026. Differences are shown without an overall score or investment verdict.

ELV

Elevance Health Inc.

$89.75B

$413.83HealthcareDelayed quote: Sep 3, 2026, 3:20 PM EDT

SYK

Stryker Corporation

$118.53B

$309.19HealthcareDelayed quote: Sep 3, 2026, 3:20 PM EDT

Total return — ELV vs SYK

growth of $100 · dividends reinvested · last 10y

ELV +275.1% (+14.1%/yr)SYK +204.5% (+11.8%/yr)ELV compounded faster over this window

ELV SYK

ELV vs SYK: by the numbers

•SYK is the larger company ($118.53B vs $89.75B market cap).
•ELV trades at the lower trailing earnings multiple (18.04 vs 32.35 P/E), one valuation lens rather than an overall verdict.
•SYK converts more revenue to profit (14.43% vs 2.47% net margin).
•SYK grew revenue faster over the past five years (9.72% vs 9.25% CAGR).
•ELV pays the higher dividend yield (1.69% vs 1.11%).

Metrics side by side

Valuation

Metric	ELV	SYK
P/E ratio	18.04	32.35
Forward P/E	14.95	20.78
P/S ratio	0.44	4.66
P/B ratio	1.97	5.02
EV / EBITDA	13.53	19.04
FCF yield	7.11%	3.90%

Profitability

Metric	ELV	SYK
Gross margin	25.56%	65.17%
Operating margin	3.51%	22.03%
Net margin	2.47%	14.43%
ROE	11.06%	15.55%
ROIC	6.34%	9.82%

Dividends

Metric	ELV	SYK
Dividend yield	1.69%	1.11%
Payout ratio	27.24%	40.99%

Growth (annualized)

Metric	ELV	SYK
Revenue CAGR (5Y)	9.25%	9.72%
EPS CAGR (5Y)	6.67%	14.79%
FCF CAGR (5Y)	-19.97%	9.60%
Total return CAGR (5Y)	2.64%	3.43%

Frequently asked

Which has the lower trailing P/E, ELV or SYK?: ELV has the lower trailing P/E: ELV trades at 18.04 and SYK at 32.35. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ELV or SYK?: Over the past five years, SYK grew revenue faster — ELV at a 9.25% CAGR versus SYK at 9.72%.
Does ELV or SYK pay a bigger dividend?: ELV yields 1.69% and SYK yields 1.11% based on trailing dividends and the latest price.
Is ELV or SYK more profitable?: SYK runs the higher net margin — ELV at 2.47% versus SYK at 14.43%.
How have ELV and SYK total returns compared?: Over the past 10 years, ELV delivered 14.14% and SYK delivered 11.67% annualized total return. Past performance doesn't predict future results.

Go deeper

Full ELV analysis Full SYK analysis Interactive comparison tool

Dig into the metrics

Elevance Health P/E ratio Stryker P/E ratio Elevance Health dividend yield Stryker dividend yield Elevance Health ROE Stryker ROE Elevance Health operating margin Stryker operating margin Elevance Health revenue growth Stryker revenue growth Elevance Health free cash flow Stryker free cash flow

Elevance Health & Stryker appear in these rankings

Highest FCF Yield Stocks Highest 10-Year Total Return Stocks

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 3, 2026.