Eli Lilly and Company (LLY) vs Thermo Fisher Scientific Inc. (TMO)

LLY leads on 11 of 17 compared metrics, though TMO is the cheaper stock.

A side-by-side comparison of Eli Lilly and Company and Thermo Fisher Scientific Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 15, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — LLY vs TMO

growth of $100 · last 30y
LLY +3510.6%TMO +1191.9%LLY compounded faster
01k2k3kStart $100200120062011201620212026$3,611$1,292
LLY TMO

LLY vs TMO: by the numbers

  • LLY is the larger company ($1.07T vs $174.42B market cap).
  • TMO trades at the lower earnings multiple (25.80 vs 40.25 P/E).
  • LLY converts more revenue to profit (34.98% vs 15.18% net margin).
  • LLY grew revenue faster over the past five years (23.17% vs 6.68% CAGR).
  • LLY pays the higher dividend yield (0.57% vs 0.38%).

Which is better, LLY or TMO?

Metric tally: LLY 11 · TMO 6

It depends on what you're optimizing for:

ValueTMO(lower P/E)
GrowthLLY(faster 5Y revenue CAGR)
IncomeLLY(higher dividend yield)
QualityLLY(higher ROIC)

Metrics side by side

Valuation

MetricLLYTMO
P/E ratio40.2525.80
Forward P/E25.4117.26
P/S ratio14.053.87
P/B ratio32.543.37
PEG ratio0.494.51
EV / EBITDA31.4719.26
FCF yield1.34%3.86%

Profitability

MetricLLYTMO
Gross margin83.51%39.41%
Operating margin45.87%17.76%
Net margin34.98%15.18%
ROE81.01%13.21%
ROIC30.20%7.58%

Dividends

MetricLLYTMO
Dividend yield0.57%0.38%
Payout ratio28.09%10.13%

Growth (annualized)

MetricLLYTMO
Revenue CAGR (5Y)23.17%6.68%
EPS CAGR (5Y)28.88%1.99%
FCF CAGR (5Y)19.54%-0.19%
Total return CAGR (5Y)39.57%0.45%

Frequently asked

Which is better, LLY or TMO?
It depends on your goal. value: TMO (lower P/E); growth: LLY (faster 5Y revenue CAGR); income: LLY (higher dividend yield); quality: LLY (higher ROIC). Across all compared metrics, LLY leads 11 to 6.
Is LLY or TMO cheaper?
On trailing earnings, TMO is cheaper: LLY trades at a 40.25 P/E and TMO at 25.80.
Which has grown faster, LLY or TMO?
Over the past five years, LLY grew revenue faster — LLY at a 23.17% CAGR versus TMO at 6.68%.
Does LLY or TMO pay a bigger dividend?
LLY yields 0.57% and TMO yields 0.38% based on trailing dividends and the latest price.
Is LLY or TMO more profitable?
LLY runs the higher net margin — LLY at 34.98% versus TMO at 15.18%.
Which has been the better investment, LLY or TMO?
Over the past 10-year, LLY delivered the higher annualized total return — LLY at 33.50% versus TMO at 12.26%. 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 June 15, 2026.