Elevance Health Inc. (ELV) vs Walmart Inc. (WMT)
A side-by-side comparison of Elevance Health Inc. and Walmart Inc. 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.
Different business models: ELV is classified in Healthcare; WMT is classified in Consumer Defensive. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
ELV
Elevance Health Inc.
$385.73HealthcareDelayed quote: Jul 28, 2026, 4:00 PM EDT
WMT
Walmart Inc.
$113.10Consumer DefensiveDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — ELV vs WMT
growth of $100 · dividends reinvested · last 25yELV +2205.3%WMT +932.9%ELV compounded faster
ELV WMT
ELV vs WMT: by the numbers
- •WMT is the larger company ($900.06B vs $83.65B market cap).
- •ELV trades at the lower trailing earnings multiple (16.82 vs 39.21 P/E), one valuation lens rather than an overall verdict.
- •WMT converts more revenue to profit (3.13% vs 2.47% net margin).
- •ELV grew revenue faster over the past five years (9.25% vs 5.20% CAGR).
- •ELV pays the higher dividend yield (1.81% vs 0.86%).
Metrics side by side
Valuation
| Metric | ELV | WMT |
|---|---|---|
| P/E ratio | 16.82 | 39.21 |
| Forward P/E | 13.95 | 42.36 |
| P/S ratio | 0.41 | 1.23 |
| P/B ratio | 1.84 | 9.48 |
| PEG ratio | 2.52 | 3.29 |
| EV / EBITDA | 12.78 | 21.35 |
| FCF yield | 7.63% | 1.40% |
Profitability
| Metric | ELV | WMT |
|---|---|---|
| Gross margin | 25.56% | 24.98% |
| Operating margin | 3.51% | 4.16% |
| Net margin | 2.47% | 3.13% |
| ROE | 11.06% | 24.10% |
| ROIC | 6.65% | 11.87% |
Dividends
| Metric | ELV | WMT |
|---|---|---|
| Dividend yield | 1.81% | 0.86% |
| Payout ratio | 27.24% | 35.22% |
Growth (annualized)
| Metric | ELV | WMT |
|---|---|---|
| Revenue CAGR (5Y) | 9.25% | 5.20% |
| EPS CAGR (5Y) | 6.67% | 10.95% |
| FCF CAGR (5Y) | -19.97% | -9.94% |
| Total return CAGR (5Y) | 1.14% | 20.16% |
Frequently asked
- Which has the lower trailing P/E, ELV or WMT?
- ELV has the lower trailing P/E: ELV trades at 16.82 and WMT at 39.21. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, ELV or WMT?
- Over the past five years, ELV grew revenue faster — ELV at a 9.25% CAGR versus WMT at 5.20%.
- Does ELV or WMT pay a bigger dividend?
- ELV yields 1.81% and WMT yields 0.86% based on trailing dividends and the latest price.
- Is ELV or WMT more profitable?
- WMT runs the higher net margin — ELV at 2.47% versus WMT at 3.13%.
- How have ELV and WMT total returns compared?
- Over the past 10 years, ELV delivered 12.46% and WMT delivered 18.43% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Elevance Health P/E ratioWalmart P/E ratioElevance Health dividend yieldWalmart dividend yieldElevance Health ROEWalmart ROEElevance Health operating marginWalmart operating marginElevance Health revenue growthWalmart revenue growthElevance Health free cash flowWalmart free cash flow
Elevance Health & Walmart appear in these rankings
25+ Year Dividend GrowersHighest FCF Yield StocksHighest 10-Year Total Return StocksLargest Companies by Market Cap
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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.