Drug Manufacturers - General
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AMGN vs LLY vs GILD vs PFE vs JNJ
Revenue, margins, valuation, and 5-year total return — side by side.
Drug Manufacturers - General
Drug Manufacturers - General
Drug Manufacturers - General
Drug Manufacturers - General
AMGN vs LLY vs GILD vs PFE vs JNJ — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Drug Manufacturers - General | Drug Manufacturers - General | Drug Manufacturers - General | Drug Manufacturers - General | Drug Manufacturers - General |
| Market Cap | $177.59B | $921.16B | $166.40B | $150.63B | $536.23B |
| Revenue (TTM) | $37.24B | $72.25B | $29.73B | $63.31B | $92.15B |
| Net Income (TTM) | $7.80B | $25.27B | $9.22B | $7.49B | $25.12B |
| Gross Margin | 71.5% | 83.5% | 63.0% | 69.3% | 68.1% |
| Operating Margin | 31.6% | 45.9% | 38.2% | 23.4% | 26.1% |
| Forward P/E | 14.7x | 28.2x | 15.7x | 8.9x | 19.2x |
| Total Debt | $54.60B | $42.50B | $24.59B | $67.42B | $36.63B |
| Cash & Equiv. | $9.13B | $7.16B | $7.56B | $1.14B | $24.11B |
AMGN vs LLY vs GILD vs PFE vs JNJ — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Amgen Inc. (AMGN) | 100 | 143.3 | +43.3% |
| Eli Lilly and Compa… (LLY) | 100 | 637.4 | +537.4% |
| Gilead Sciences, In… (GILD) | 100 | 172.2 | +72.2% |
| Pfizer Inc. (PFE) | 100 | 73.1 | -26.9% |
| Johnson & Johnson (JNJ) | 100 | 149.6 | +49.6% |
Price return only. Dividends and distributions are not included.
Quick Verdict: AMGN vs LLY vs GILD vs PFE vs JNJ
Each card shows where this stock fits in a portfolio — not just who wins on paper.
AMGN lags the leaders in this set but could rank higher in a more targeted comparison.
LLY carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- Rev growth 44.7%, EPS growth 96.0%, 3Y rev CAGR 31.7%
- 12.4% 10Y total return vs AMGN's 156.4%
- 44.7% revenue growth vs PFE's -1.6%
- 35.0% margin vs PFE's 11.8%
GILD is the clearest fit if your priority is valuation efficiency.
- PEG 0.15 vs JNJ's 34.17
PFE is the #2 pick in this set and the best alternative if income & stability and defensive is your priority.
- Dividend streak 15 yrs, beta 0.54, yield 6.5%
- Beta 0.54, yield 6.5%, current ratio 1.16x
- Lower P/E (8.9x vs 19.2x)
- 6.5% yield, 15-year raise streak, vs JNJ's 2.2%
JNJ ranks third and is worth considering specifically for sleep-well-at-night.
- Lower volatility, beta 0.06, Low D/E 51.2%, current ratio 1.11x
- Beta 0.06 vs LLY's 0.71, lower leverage
- +44.8% vs AMGN's +22.8%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 44.7% revenue growth vs PFE's -1.6% | |
| Value | Lower P/E (8.9x vs 19.2x) | |
| Quality / Margins | 35.0% margin vs PFE's 11.8% | |
| Stability / Safety | Beta 0.06 vs LLY's 0.71, lower leverage | |
| Dividends | 6.5% yield, 15-year raise streak, vs JNJ's 2.2% | |
| Momentum (1Y) | +44.8% vs AMGN's +22.8% | |
| Efficiency (ROA) | 22.7% ROA vs PFE's 3.6%, ROIC 41.8% vs 7.5% |
AMGN vs LLY vs GILD vs PFE vs JNJ — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
AMGN vs LLY vs GILD vs PFE vs JNJ — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
LLY leads in 3 of 6 categories
PFE leads 1 • AMGN leads 0 • GILD leads 0 • JNJ leads 0 • 2 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
LLY leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
JNJ is the larger business by revenue, generating $92.1B annually — 3.1x GILD's $29.7B. LLY is the more profitable business, keeping 35.0% of every revenue dollar as net income compared to PFE's 11.8%. On growth, LLY holds the edge at +55.5% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $37.2B | $72.2B | $29.7B | $63.3B | $92.1B |
| EBITDAEarnings before interest/tax | $15.6B | $34.7B | $12.1B | $21.0B | $31.4B |
| Net IncomeAfter-tax profit | $7.8B | $25.3B | $9.2B | $7.5B | $25.1B |
| Free Cash FlowCash after capex | $8.6B | $13.6B | $10.3B | $9.5B | $19.1B |
| Gross MarginGross profit ÷ Revenue | +71.5% | +83.5% | +63.0% | +69.3% | +68.1% |
| Operating MarginEBIT ÷ Revenue | +31.6% | +45.9% | +38.2% | +23.4% | +26.1% |
| Net MarginNet income ÷ Revenue | +20.9% | +35.0% | +31.0% | +11.8% | +27.3% |
| FCF MarginFCF ÷ Revenue | +23.1% | +18.8% | +34.8% | +15.0% | +20.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | +5.8% | +55.5% | +4.4% | +5.4% | +6.8% |
| EPS Growth (YoY)Latest quarter vs prior year | +4.4% | +169.9% | +54.8% | -9.5% | +91.0% |
Valuation Metrics
PFE leads this category, winning 6 of 7 comparable metrics.
Valuation Metrics
At 19.5x trailing earnings, PFE trades at a 54% valuation discount to LLY's 42.5x P/E. Adjusting for growth (PEG ratio), GILD offers better value at 0.15x vs JNJ's 34.17x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $177.6B | $921.2B | $166.4B | $150.6B | $536.2B |
| Enterprise ValueMkt cap + debt − cash | $223.1B | $956.5B | $183.4B | $216.9B | $548.8B |
| Trailing P/EPrice ÷ TTM EPS | 23.12x | 42.48x | 19.77x | 19.47x | 38.43x |
| Forward P/EPrice ÷ next-FY EPS est. | 14.74x | 28.24x | 15.69x | 8.94x | 19.20x |
| PEG RatioP/E ÷ EPS growth rate | 7.86x | 1.47x | 0.15x | — | 34.17x |
| EV / EBITDAEnterprise value multiple | 14.08x | 30.60x | 16.95x | 10.66x | 18.61x |
| Price / SalesMarket cap ÷ Revenue | 4.83x | 14.13x | 5.65x | 2.41x | 6.04x |
| Price / BookPrice ÷ Book value/share | 20.60x | 32.99x | 7.44x | 1.74x | 7.56x |
| Price / FCFMarket cap ÷ FCF | 21.92x | 102.67x | 17.60x | 16.60x | 27.02x |
Profitability & Efficiency
LLY leads this category, winning 4 of 9 comparable metrics.
Profitability & Efficiency
LLY delivers a 101.2% return on equity — every $100 of shareholder capital generates $101 in annual profit, vs $8 for PFE. JNJ carries lower financial leverage with a 0.51x debt-to-equity ratio, signaling a more conservative balance sheet compared to AMGN's 6.31x. On the Piotroski fundamental quality scale (0–9), GILD scores 9/9 vs JNJ's 5/9, reflecting strong financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | +89.4% | +101.2% | +42.3% | +8.3% | +31.7% |
| ROA (TTM)Return on assets | +8.6% | +22.7% | +16.1% | +3.6% | +13.0% |
| ROICReturn on invested capital | +14.8% | +41.8% | +23.4% | +7.5% | +20.7% |
| ROCEReturn on capital employed | +16.0% | +46.6% | +25.1% | +9.0% | +17.6% |
| Piotroski ScoreFundamental quality 0–9 | 7 | 8 | 9 | 7 | 5 |
| Debt / EquityFinancial leverage | 6.31x | 1.60x | 1.09x | 0.78x | 0.51x |
| Net DebtTotal debt minus cash | $45.5B | $35.3B | $17.0B | $66.3B | $12.5B |
| Cash & Equiv.Liquid assets | $9.1B | $7.2B | $7.6B | $1.1B | $24.1B |
| Total DebtShort + long-term debt | $54.6B | $42.5B | $24.6B | $67.4B | $36.6B |
| Interest CoverageEBIT ÷ Interest expense | 5.02x | 35.68x | 8.87x | 4.02x | 48.23x |
Total Returns (Dividends Reinvested)
LLY leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in LLY five years ago would be worth $51,115 today (with dividends reinvested), compared to $8,674 for PFE. Over the past 12 months, JNJ leads with a +44.8% total return vs AMGN's +22.8%. The 3-year compound annual growth rate (CAGR) favors LLY at 31.8% vs PFE's -6.6% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +1.2% | -9.6% | +10.9% | +6.9% | +7.9% |
| 1-Year ReturnPast 12 months | +22.8% | +26.3% | +38.8% | +23.7% | +44.8% |
| 3-Year ReturnCumulative with dividends | +51.9% | +129.1% | +82.4% | -18.4% | +46.3% |
| 5-Year ReturnCumulative with dividends | +46.2% | +411.1% | +124.2% | -13.3% | +46.1% |
| 10-Year ReturnCumulative with dividends | +156.4% | +1237.7% | +87.8% | +29.6% | +132.3% |
| CAGR (3Y)Annualised 3-year return | +15.0% | +31.8% | +22.2% | -6.6% | +13.5% |
Risk & Volatility
Evenly matched — PFE and JNJ each lead in 1 of 2 comparable metrics.
Risk & Volatility
JNJ is the less volatile stock with a 0.06 beta — it tends to amplify market swings less than LLY's 0.71 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. PFE currently trades 92.1% from its 52-week high vs AMGN's 84.1% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.60x | 0.71x | 0.66x | 0.54x | 0.06x |
| 52-Week HighHighest price in past year | $391.29 | $1133.95 | $157.29 | $28.75 | $251.71 |
| 52-Week LowLowest price in past year | $261.43 | $623.78 | $95.30 | $21.97 | $146.12 |
| % of 52W HighCurrent price vs 52-week peak | +84.1% | +86.0% | +85.2% | +92.1% | +88.4% |
| RSI (14)Momentum oscillator 0–100 | 39.4 | 61.4 | 52.6 | 44.2 | 37.1 |
| Avg Volume (50D)Average daily shares traded | 2.5M | 2.6M | 5.8M | 33.3M | 7.0M |
Analyst Outlook
Evenly matched — PFE and JNJ each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: AMGN as "Buy", LLY as "Buy", GILD as "Buy", PFE as "Hold", JNJ as "Buy". Consensus price targets imply 29.1% upside for LLY (target: $1258) vs 3.0% for PFE (target: $27). For income investors, PFE offers the higher dividend yield at 6.49% vs LLY's 0.61%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Hold | Buy |
| Price TargetConsensus 12-month target | $350.76 | $1258.47 | $161.88 | $27.27 | $249.27 |
| # AnalystsCovering analysts | 38 | 45 | 58 | 39 | 40 |
| Dividend YieldAnnual dividend ÷ price | +2.9% | +0.6% | +2.4% | +6.5% | +2.2% |
| Dividend StreakConsecutive years of raises | 15 | 11 | 11 | 15 | 36 |
| Dividend / ShareAnnual DPS | $9.45 | $6.00 | $3.19 | $1.72 | $4.87 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +0.4% | +1.2% | 0.0% | +0.5% |
LLY leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). PFE leads in 1 (Valuation Metrics). 2 tied.
AMGN vs LLY vs GILD vs PFE vs JNJ: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is AMGN or LLY or GILD or PFE or JNJ a better buy right now?
For growth investors, Eli Lilly and Company (LLY) is the stronger pick with 44.
7% revenue growth year-over-year, versus -1. 6% for Pfizer Inc. (PFE). Pfizer Inc. (PFE) offers the better valuation at 19. 5x trailing P/E (8. 9x forward), making it the more compelling value choice. Analysts rate Amgen Inc. (AMGN) a "Buy" — based on 38 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — AMGN or LLY or GILD or PFE or JNJ?
On trailing P/E, Pfizer Inc.
(PFE) is the cheapest at 19. 5x versus Eli Lilly and Company at 42. 5x. On forward P/E, Pfizer Inc. is actually cheaper at 8. 9x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Eli Lilly and Company wins at 0. 98x versus Johnson & Johnson's 34. 17x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — AMGN or LLY or GILD or PFE or JNJ?
Over the past 5 years, Eli Lilly and Company (LLY) delivered a total return of +411.
1%, compared to -13. 3% for Pfizer Inc. (PFE). Over 10 years, the gap is even starker: LLY returned +1238% versus PFE's +29. 6%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — AMGN or LLY or GILD or PFE or JNJ?
By beta (market sensitivity over 5 years), Johnson & Johnson (JNJ) is the lower-risk stock at 0.
06β versus Eli Lilly and Company's 0. 71β — meaning LLY is approximately 1144% more volatile than JNJ relative to the S&P 500. On balance sheet safety, Johnson & Johnson (JNJ) carries a lower debt/equity ratio of 51% versus 6% for Amgen Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — AMGN or LLY or GILD or PFE or JNJ?
By revenue growth (latest reported year), Eli Lilly and Company (LLY) is pulling ahead at 44.
7% versus -1. 6% for Pfizer Inc. (PFE). On earnings-per-share growth, the picture is similar: Gilead Sciences, Inc. grew EPS 1684% year-over-year, compared to -57. 8% for Johnson & Johnson. Over a 3-year CAGR, LLY leads at 31. 7% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — AMGN or LLY or GILD or PFE or JNJ?
Eli Lilly and Company (LLY) is the more profitable company, earning 31.
7% net margin versus 12. 4% for Pfizer Inc. — meaning it keeps 31. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: LLY leads at 45. 6% versus 24. 7% for PFE. At the gross margin level — before operating expenses — GILD leads at 86. 7%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is AMGN or LLY or GILD or PFE or JNJ more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, Eli Lilly and Company (LLY) is the more undervalued stock at a PEG of 0. 98x versus Johnson & Johnson's 34. 17x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Pfizer Inc. (PFE) trades at 8. 9x forward P/E versus 28. 2x for Eli Lilly and Company — 19. 3x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for LLY: 29. 1% to $1258. 47.
08Which pays a better dividend — AMGN or LLY or GILD or PFE or JNJ?
All stocks in this comparison pay dividends.
Pfizer Inc. (PFE) offers the highest yield at 6. 5%, versus 0. 6% for Eli Lilly and Company (LLY).
09Is AMGN or LLY or GILD or PFE or JNJ better for a retirement portfolio?
For long-horizon retirement investors, Eli Lilly and Company (LLY) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
71), 0. 6% yield, +1238% 10Y return). Both have compounded well over 10 years (LLY: +1238%, GILD: +87. 8%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between AMGN and LLY and GILD and PFE and JNJ?
Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: AMGN is a mid-cap quality compounder stock; LLY is a large-cap high-growth stock; GILD is a mid-cap quality compounder stock; PFE is a mid-cap income-oriented stock; JNJ is a large-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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