Novartis AG (NVS) vs UnitedHealth Group Incorporated (UNH)
A side-by-side comparison of Novartis AG and UnitedHealth Group Incorporated 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.
NVS
Novartis AG
$140.98HealthcareDelayed quote: Oct 2, 2026, 3:55 PM EDT
UNH
UnitedHealth Group Incorporated
$372.34HealthcareDelayed quote: Oct 2, 2026, 3:55 PM EDT
Total return — NVS vs UNH
growth of $100 · dividends reinvested · last 10yNVS +219.0% (+12.3%/yr)UNH +220.0% (+12.3%/yr)UNH compounded faster over this window
NVS UNH
NVS vs UNH: by the numbers
- •UNH is the larger company ($338.13B vs $267.96B market cap).
- •NVS trades at the lower trailing earnings multiple (21.26 vs 23.94 P/E), one valuation lens rather than an overall verdict.
- •NVS converts more revenue to profit (22.93% vs 3.14% net margin).
- •UNH grew revenue faster over the past five years (10.59% vs 1.53% CAGR).
- •NVS pays the higher dividend yield (3.38% vs 2.48%).
Metrics side by side
Valuation
| Metric | NVS | UNH |
|---|---|---|
| P/E ratio | 21.26 | 23.94 |
| Forward P/E | 16.02 | 18.66 |
| PEG ratio | 1.38 | N/A |
| P/S ratio | 4.82 | 0.75 |
| P/B ratio | 6.45 | 3.43 |
| EV / EBITDA | 13.85 | 14.75 |
| FCF yield | 5.90% | 6.98% |
Profitability
| Metric | NVS | UNH |
|---|---|---|
| Gross margin | 74.44% | 22.49% |
| Operating margin | 30.54% | 4.82% |
| Net margin | 22.93% | 3.14% |
| ROE | 30.71% | 14.34% |
| ROIC | 13.93% | 9.19% |
Dividends
| Metric | NVS | UNH |
|---|---|---|
| Dividend yield | 3.38% | 2.48% |
| Payout ratio | 71.50% | 58.26% |
Growth (annualized)
| Metric | NVS | UNH |
|---|---|---|
| Revenue CAGR (5Y) | 1.53% | 10.59% |
| EPS CAGR (5Y) | 15.42% | -4.06% |
| FCF CAGR (5Y) | 8.92% | -4.39% |
| Total return CAGR (5Y) | 16.96% | 0.37% |
Frequently asked
- Which has the lower trailing P/E, NVS or UNH?
- NVS has the lower trailing P/E: NVS trades at 21.26 and UNH at 23.94. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, NVS or UNH?
- Over the past five years, UNH grew revenue faster — NVS at a 1.53% CAGR versus UNH at 10.59%.
- Does NVS or UNH pay a bigger dividend?
- NVS yields 3.38% and UNH yields 2.48% based on trailing dividends and the latest price.
- Is NVS or UNH more profitable?
- NVS runs the higher net margin — NVS at 22.93% versus UNH at 3.14%.
Go deeper
Dig into the metrics
Novartis AG P/E ratioUnitedHealth P/E ratioNovartis AG dividend yieldUnitedHealth dividend yieldNovartis AG ROEUnitedHealth ROENovartis AG operating marginUnitedHealth operating marginNovartis AG revenue growthUnitedHealth revenue growthNovartis AG free cash flowUnitedHealth free cash flow
Novartis AG & UnitedHealth appear in these rankings
Highest Dividend Yield StocksHighest ROE StocksHighest Operating Margin StocksHighest FCF Yield Stocks
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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 October 2, 2026.