Is ELV or SYK cheaper?

On trailing earnings, ELV is cheaper: ELV trades at a 17.09 P/E and SYK at 35.95.

Which has grown faster, ELV or SYK?

Over the past five years, SYK grew revenue faster — ELV at a 9.97% CAGR versus SYK at 11.42%.

Does ELV or SYK pay a bigger dividend?

ELV yields 1.71% 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 2.62% versus SYK at 13.21%.

Which has been the better investment, ELV or SYK?

Over the past 10-year, ELV delivered the higher annualized total return — ELV at 13.25% versus SYK at 11.71%. Past performance doesn't predict future results.

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

SYK leads on 9 of 17 compared metrics, though ELV is the cheaper stock.

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 June 16, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — ELV vs SYK

growth of $100 · last 25y

ELV +1854.3%SYK +984.8%ELV compounded faster

ELV SYK

ELV vs SYK: by the numbers

•SYK is the larger company ($119.06B vs $86.74B market cap).
•ELV trades at the lower earnings multiple (17.09 vs 35.95 P/E).
•SYK converts more revenue to profit (13.21% vs 2.62% net margin).
•SYK grew revenue faster over the past five years (11.42% vs 9.97% CAGR).
•ELV pays the higher dividend yield (1.71% vs 1.11%).

Which is better, ELV or SYK?

Metric tally: ELV 8 · SYK 9

It depends on what you're optimizing for:

ValueELV(lower P/E)

GrowthSYK(faster 5Y revenue CAGR)

IncomeELV(higher dividend yield)

QualitySYK(higher ROIC)

Metrics side by side

Valuation

Metric	ELV	SYK
P/E ratio	17.09●	35.95
Forward P/E	13.75●	18.56
P/S ratio	0.44●	4.75
P/B ratio	2.02●	5.22
PEG ratio	2.56●	5.16
EV / EBITDA	12.42●	21.49
FCF yield	7.28%●	3.81%

Profitability

Metric	ELV	SYK
Gross margin	23.16%	63.67%●
Operating margin	3.81%	21.34%●
Net margin	2.62%	13.21%●
ROE	11.94%	14.52%●
ROIC	6.65%	8.53%●

Dividends

Metric	ELV	SYK
Dividend yield	1.71%●	1.11%
Payout ratio	27.24%	40.52%

Growth (annualized)

Metric	ELV	SYK
Revenue CAGR (5Y)	9.97%	11.42%●
EPS CAGR (5Y)	6.67%	14.79%●
FCF CAGR (5Y)	-7.76%	11.01%●
Total return CAGR (5Y)	2.56%	4.98%●

Frequently asked

Which is better, ELV or SYK?: It depends on your goal. value: ELV (lower P/E); growth: SYK (faster 5Y revenue CAGR); income: ELV (higher dividend yield); quality: SYK (higher ROIC). Across all compared metrics, SYK leads 9 to 8.
Is ELV or SYK cheaper?: On trailing earnings, ELV is cheaper: ELV trades at a 17.09 P/E and SYK at 35.95.
Which has grown faster, ELV or SYK?: Over the past five years, SYK grew revenue faster — ELV at a 9.97% CAGR versus SYK at 11.42%.
Does ELV or SYK pay a bigger dividend?: ELV yields 1.71% 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 2.62% versus SYK at 13.21%.
Which has been the better investment, ELV or SYK?: Over the past 10-year, ELV delivered the higher annualized total return — ELV at 13.25% versus SYK at 11.71%. 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 Best 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 June 16, 2026.