Eli Lilly and Company (LLY) vs Novartis AG (NVS)

A side-by-side comparison of Eli Lilly and Company and Novartis AG across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 4, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — LLY vs NVS

growth of $100 · dividends reinvested · last 10y
LLY +1509.0% (+32.0%/yr)NVS +209.1% (+11.9%/yr)LLY compounded faster over this window
Log scale — wide-divergence pair
101001k10kStart $10020182020202220242026$1,609$309
LLY NVS

LLY vs NVS: by the numbers

  • •LLY is the larger company ($1.08T vs $268.00B market cap).
  • •NVS trades at the lower trailing earnings multiple (21.27 vs 38.35 P/E), one valuation lens rather than an overall verdict.
  • •LLY converts more revenue to profit (33.53% vs 22.93% net margin).
  • •LLY grew revenue faster over the past five years (24.42% vs 1.53% CAGR).
  • •NVS pays the higher dividend yield (3.36% vs 0.59%).

Metrics side by side

Valuation

MetricLLYNVS
P/E ratio38.3521.27
Forward P/E31.2316.01
PEG ratio1.331.38
P/S ratio13.514.82
P/B ratio31.776.45
EV / EBITDA26.9113.85
FCF yield1.86%5.90%

Profitability

MetricLLYNVS
Gross margin83.40%74.44%
Operating margin49.72%30.54%
Net margin33.53%22.93%
ROE78.84%30.71%
ROIC31.00%13.93%

Dividends

MetricLLYNVS
Dividend yield0.59%3.36%
Payout ratio22.45%71.50%

Growth (annualized)

MetricLLYNVS
Revenue CAGR (5Y)24.42%1.53%
EPS CAGR (5Y)28.96%15.42%
FCF CAGR (5Y)32.91%8.92%
Total return CAGR (5Y)39.08%16.94%

Frequently asked

Which has the lower trailing P/E, LLY or NVS?
NVS has the lower trailing P/E: LLY trades at 38.35 and NVS at 21.27. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, LLY or NVS?
Over the past five years, LLY grew revenue faster — LLY at a 24.42% CAGR versus NVS at 1.53%.
Does LLY or NVS pay a bigger dividend?
LLY yields 0.59% and NVS yields 3.36% based on trailing dividends and the latest price.
Is LLY or NVS more profitable?
LLY runs the higher net margin — LLY at 33.53% versus NVS at 22.93%.
How have LLY and NVS total returns compared?
Over the past 10 years, LLY delivered 32.46% and NVS delivered 11.98% 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 October 4, 2026.