Novartis AG (NVS) vs Roche Holding AG (RHHBY)

A side-by-side comparison of Novartis AG and Roche Holding AG across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 2, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — NVS vs RHHBY

growth of $100 · dividends reinvested · last 10y
NVS +209.2% (+12.0%/yr)RHHBY +131.6% (+8.8%/yr)NVS compounded faster over this window
100200300Start $10020182020202220242026$309$232
NVS RHHBY

NVS vs RHHBY: by the numbers

  • •RHHBY is the larger company ($332.18B vs $267.96B market cap).
  • •NVS converts more revenue to profit (22.93% vs 20.33% net margin).
  • •RHHBY grew revenue faster over the past five years (3.94% vs 1.53% CAGR).
  • •NVS pays the higher dividend yield (3.38% vs 2.96%).

Metrics side by side

Valuation

MetricNVSRHHBY
P/E ratio21.26N/A
Forward P/E16.02N/A
PEG ratio1.38N/A
P/S ratio4.82N/A
P/B ratio6.458.24
EV / EBITDA13.85N/A
FCF yield5.90%N/A

Profitability

MetricNVSRHHBY
Gross margin74.44%73.73%
Operating margin30.54%29.16%
Net margin22.93%20.33%
ROE30.71%38.06%
ROIC13.93%19.71%

Dividends

MetricNVSRHHBY
Dividend yield3.38%2.96%
Payout ratio71.50%N/A

Growth (annualized)

MetricNVSRHHBY
Revenue CAGR (5Y)1.53%3.94%
EPS CAGR (5Y)15.42%1.54%
FCF CAGR (5Y)8.92%5.54%
Total return CAGR (5Y)16.96%5.74%

Frequently asked

Which has grown faster, NVS or RHHBY?
Over the past five years, RHHBY grew revenue faster — NVS at a 1.53% CAGR versus RHHBY at 3.94%.
Does NVS or RHHBY pay a bigger dividend?
NVS yields 3.38% and RHHBY yields 2.96% based on trailing dividends and the latest price.
Is NVS or RHHBY more profitable?
NVS runs the higher net margin — NVS at 22.93% versus RHHBY at 20.33%.
How have NVS and RHHBY total returns compared?
Over the past 10 years, NVS delivered 11.99% and RHHBY delivered 8.71% 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 2, 2026.