Drug Manufacturers - General
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5 / 10Stock Comparison
LLY vs NVO vs PFE vs MRK vs AZN
Revenue, margins, valuation, and 5-year total return — side by side.
Drug Manufacturers - General
Drug Manufacturers - General
Drug Manufacturers - General
Drug Manufacturers - General
LLY vs NVO vs PFE vs MRK vs AZN — 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 | $933.66B | $151.36B | $150.40B | $279.49B | $280.97B |
| Revenue (TTM) | $72.25B | $297.20B | $63.31B | $64.93B | $60.44B |
| Net Income (TTM) | $25.27B | $98.50B | $7.49B | $18.25B | $10.39B |
| Gross Margin | 83.5% | 81.0% | 69.3% | 74.2% | 81.7% |
| Operating Margin | 45.9% | 41.4% | 23.4% | 41.1% | 23.7% |
| Forward P/E | 28.6x | 2.1x | 8.9x | 22.1x | 17.6x |
| Total Debt | $42.50B | $130.96B | $67.42B | $50.53B | $29.70B |
| Cash & Equiv. | $7.16B | $26.46B | $1.14B | $14.56B | $5.71B |
LLY vs NVO vs PFE vs MRK vs AZN — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Eli Lilly and Compa… (LLY) | 100 | 646.1 | +546.1% |
| Novo Nordisk A/S (NVO) | 100 | 136.2 | +36.2% |
| Pfizer Inc. (PFE) | 100 | 73.0 | -27.0% |
| Merck & Co., Inc. (MRK) | 100 | 147.0 | +47.0% |
| AstraZeneca PLC (AZN) | 100 | 169.0 | +69.0% |
Price return only. Dividends and distributions are not included.
Quick Verdict: LLY vs NVO vs PFE vs MRK vs AZN
Each card shows where this stock fits in a portfolio — not just who wins on paper.
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%
- 12.6% 10Y total return vs AZN's 283.6%
- 44.7% revenue growth vs PFE's -1.6%
- 35.0% margin vs PFE's 11.8%
NVO ranks third and is worth considering specifically for valuation efficiency.
- PEG 0.10 vs MRK's 1.04
- Lower P/E (2.1x vs 17.6x), PEG 0.10 vs 0.81
PFE is the clearest fit if your priority is income & stability.
- Dividend streak 15 yrs, beta 0.54, yield 6.5%
- 6.5% yield, 15-year raise streak, vs NVO's 3.9%
MRK is the #2 pick in this set and the best alternative if sleep-well-at-night and defensive is your priority.
- Lower volatility, beta 0.48, Low D/E 96.0%, current ratio 1.54x
- Beta 0.48, yield 2.9%, current ratio 1.54x
- Beta 0.48 vs NVO's 1.56
- +40.6% vs NVO's -32.4%
Among these 5 stocks, AZN doesn't own a clear edge in any measured category.
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 44.7% revenue growth vs PFE's -1.6% | |
| Value | Lower P/E (2.1x vs 17.6x), PEG 0.10 vs 0.81 | |
| Quality / Margins | 35.0% margin vs PFE's 11.8% | |
| Stability / Safety | Beta 0.48 vs NVO's 1.56 | |
| Dividends | 6.5% yield, 15-year raise streak, vs NVO's 3.9% | |
| Momentum (1Y) | +40.6% vs NVO's -32.4% | |
| Efficiency (ROA) | 22.7% ROA vs PFE's 3.6%, ROIC 41.8% vs 7.5% |
LLY vs NVO vs PFE vs MRK vs AZN — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
LLY vs NVO vs PFE vs MRK vs AZN — 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
NVO leads 1 • PFE leads 1 • MRK leads 0 • AZN leads 0 • 1 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)
NVO is the larger business by revenue, generating $297.2B annually — 4.9x AZN's $60.4B. 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 | $72.2B | $297.2B | $63.3B | $64.9B | $60.4B |
| EBITDAEarnings before interest/tax | $34.7B | $144.2B | $21.0B | $32.4B | $20.1B |
| Net IncomeAfter-tax profit | $25.3B | $98.5B | $7.5B | $18.3B | $10.4B |
| Free Cash FlowCash after capex | $13.6B | $56.2B | $9.5B | $12.4B | $9.1B |
| Gross MarginGross profit ÷ Revenue | +83.5% | +81.0% | +69.3% | +74.2% | +81.7% |
| Operating MarginEBIT ÷ Revenue | +45.9% | +41.4% | +23.4% | +41.1% | +23.7% |
| Net MarginNet income ÷ Revenue | +35.0% | +33.1% | +11.8% | +28.1% | +17.2% |
| FCF MarginFCF ÷ Revenue | +18.8% | +18.9% | +15.0% | +19.0% | +15.1% |
| Rev. Growth (YoY)Latest quarter vs prior year | +55.5% | -21.5% | +5.4% | +4.5% | +12.5% |
| EPS Growth (YoY)Latest quarter vs prior year | +169.9% | -4.6% | -9.5% | -19.6% | +5.3% |
Valuation Metrics
NVO leads this category, winning 4 of 7 comparable metrics.
Valuation Metrics
At 12.5x trailing earnings, NVO trades at a 71% valuation discount to LLY's 43.1x P/E. Adjusting for growth (PEG ratio), NVO offers better value at 0.60x vs LLY's 1.49x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $933.7B | $151.4B | $150.4B | $279.5B | $281.0B |
| Enterprise ValueMkt cap + debt − cash | $969.0B | $167.7B | $216.7B | $315.5B | $305.0B |
| Trailing P/EPrice ÷ TTM EPS | 43.06x | 12.46x | 19.44x | 15.54x | 27.71x |
| Forward P/EPrice ÷ next-FY EPS est. | 28.62x | 2.10x | 8.93x | 22.10x | 17.61x |
| PEG RatioP/E ÷ EPS growth rate | 1.49x | 0.60x | — | 0.73x | 1.27x |
| EV / EBITDAEnterprise value multiple | 31.00x | 7.44x | 10.65x | 10.76x | 15.66x |
| Price / SalesMarket cap ÷ Revenue | 14.32x | 3.26x | 2.40x | 4.30x | 4.78x |
| Price / BookPrice ÷ Book value/share | 33.44x | 6.58x | 1.73x | 5.39x | 5.81x |
| Price / FCFMarket cap ÷ FCF | 104.06x | 17.07x | 16.57x | 22.61x | 23.88x |
Profitability & Efficiency
LLY leads this category, winning 6 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. AZN carries lower financial leverage with a 0.61x debt-to-equity ratio, signaling a more conservative balance sheet compared to LLY's 1.60x. On the Piotroski fundamental quality scale (0–9), LLY scores 8/9 vs MRK's 4/9, reflecting strong financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | +101.2% | +50.8% | +8.3% | +36.1% | +22.2% |
| ROA (TTM)Return on assets | +22.7% | +18.1% | +3.6% | +14.6% | +9.1% |
| ROICReturn on invested capital | +41.8% | +34.9% | +7.5% | +22.0% | +14.9% |
| ROCEReturn on capital employed | +46.6% | +42.8% | +9.0% | +23.8% | +17.2% |
| Piotroski ScoreFundamental quality 0–9 | 8 | 5 | 7 | 4 | 8 |
| Debt / EquityFinancial leverage | 1.60x | 0.67x | 0.78x | 0.96x | 0.61x |
| Net DebtTotal debt minus cash | $35.3B | $104.5B | $66.3B | $36.0B | $24.0B |
| Cash & Equiv.Liquid assets | $7.2B | $26.5B | $1.1B | $14.6B | $5.7B |
| Total DebtShort + long-term debt | $42.5B | $131.0B | $67.4B | $50.5B | $29.7B |
| Interest CoverageEBIT ÷ Interest expense | 35.68x | 20.26x | 4.02x | 19.68x | 8.43x |
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 $52,493 today (with dividends reinvested), compared to $8,677 for PFE. Over the past 12 months, MRK leads with a +40.6% total return vs NVO's -32.4%. The 3-year compound annual growth rate (CAGR) favors LLY at 32.9% vs NVO's -15.6% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | -8.4% | -11.9% | +6.7% | +7.1% | +0.4% |
| 1-Year ReturnPast 12 months | +21.1% | -32.4% | +18.0% | +40.6% | +26.4% |
| 3-Year ReturnCumulative with dividends | +134.8% | -39.9% | -18.2% | +4.2% | +28.3% |
| 5-Year ReturnCumulative with dividends | +424.9% | +36.9% | -13.2% | +73.0% | +86.4% |
| 10-Year ReturnCumulative with dividends | +1260.9% | +101.2% | +30.5% | +168.2% | +283.6% |
| CAGR (3Y)Annualised 3-year return | +32.9% | -15.6% | -6.5% | +1.4% | +8.7% |
Risk & Volatility
Evenly matched — PFE and MRK each lead in 1 of 2 comparable metrics.
Risk & Volatility
MRK is the less volatile stock with a 0.48 beta — it tends to amplify market swings less than NVO's 1.56 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. PFE currently trades 92.0% from its 52-week high vs NVO's 55.1% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.71x | 1.56x | 0.54x | 0.48x | 0.67x |
| 52-Week HighHighest price in past year | $1133.95 | $81.44 | $28.75 | $125.14 | $212.71 |
| 52-Week LowLowest price in past year | $623.78 | $35.12 | $21.97 | $73.31 | $91.44 |
| % of 52W HighCurrent price vs 52-week peak | +87.1% | +55.1% | +92.0% | +90.4% | +85.2% |
| RSI (14)Momentum oscillator 0–100 | 58.6 | 69.7 | 41.4 | 45.5 | 33.9 |
| Avg Volume (50D)Average daily shares traded | 2.6M | 19.5M | 33.1M | 7.5M | 1.9M |
Analyst Outlook
PFE leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: LLY as "Buy", NVO as "Buy", PFE as "Hold", MRK as "Buy", AZN as "Buy". Consensus price targets imply 27.4% upside for LLY (target: $1258) vs 3.1% for PFE (target: $27). For income investors, PFE offers the higher dividend yield at 6.50% vs LLY's 0.61%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Hold | Buy | Buy |
| Price TargetConsensus 12-month target | $1258.47 | $47.00 | $27.27 | $129.31 | $211.00 |
| # AnalystsCovering analysts | 45 | 39 | 39 | 37 | 41 |
| Dividend YieldAnnual dividend ÷ price | +0.6% | +3.9% | +6.5% | +2.9% | +1.8% |
| Dividend StreakConsecutive years of raises | 11 | 8 | 15 | 14 | 4 |
| Dividend / ShareAnnual DPS | $6.00 | $11.19 | $1.72 | $3.26 | $3.25 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.4% | +0.1% | 0.0% | +1.8% | +0.3% |
LLY leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). NVO leads in 1 (Valuation Metrics). 1 tied.
LLY vs NVO vs PFE vs MRK vs AZN: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is LLY or NVO or PFE or MRK or AZN 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). Novo Nordisk A/S (NVO) offers the better valuation at 12. 5x trailing P/E (2. 1x forward), making it the more compelling value choice. Analysts rate Eli Lilly and Company (LLY) a "Buy" — based on 45 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 — LLY or NVO or PFE or MRK or AZN?
On trailing P/E, Novo Nordisk A/S (NVO) is the cheapest at 12.
5x versus Eli Lilly and Company at 43. 1x. On forward P/E, Novo Nordisk A/S is actually cheaper at 2. 1x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Novo Nordisk A/S wins at 0. 10x versus Merck & Co. , Inc. 's 1. 04x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — LLY or NVO or PFE or MRK or AZN?
Over the past 5 years, Eli Lilly and Company (LLY) delivered a total return of +424.
9%, compared to -13. 2% for Pfizer Inc. (PFE). Over 10 years, the gap is even starker: LLY returned +1261% versus PFE's +30. 5%. 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 — LLY or NVO or PFE or MRK or AZN?
By beta (market sensitivity over 5 years), Merck & Co.
, Inc. (MRK) is the lower-risk stock at 0. 48β versus Novo Nordisk A/S's 1. 56β — meaning NVO is approximately 228% more volatile than MRK relative to the S&P 500. On balance sheet safety, AstraZeneca PLC (AZN) carries a lower debt/equity ratio of 61% versus 160% for Eli Lilly and Company — giving it more financial flexibility in a downturn.
05Which is growing faster — LLY or NVO or PFE or MRK or AZN?
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: AstraZeneca PLC grew EPS 190. 7% year-over-year, compared to -3. 5% for Pfizer Inc.. 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 — LLY or NVO or PFE or MRK or AZN?
Novo Nordisk A/S (NVO) is the more profitable company, earning 33.
1% net margin versus 12. 4% for Pfizer Inc. — meaning it keeps 33. 1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: LLY leads at 45. 6% versus 23. 4% for AZN. At the gross margin level — before operating expenses — LLY leads at 83. 8%, 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 LLY or NVO or PFE or MRK or AZN 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, Novo Nordisk A/S (NVO) is the more undervalued stock at a PEG of 0. 10x versus Merck & Co. , Inc. 's 1. 04x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Novo Nordisk A/S (NVO) trades at 2. 1x forward P/E versus 28. 6x for Eli Lilly and Company — 26. 5x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for LLY: 27. 4% to $1258. 47.
08Which pays a better dividend — LLY or NVO or PFE or MRK or AZN?
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 LLY or NVO or PFE or MRK or AZN 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, +1261% 10Y return). Novo Nordisk A/S (NVO) carries a higher beta of 1. 56 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (LLY: +1261%, NVO: +101. 2%), 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 LLY and NVO and PFE and MRK and AZN?
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: LLY is a large-cap high-growth stock; NVO is a mid-cap deep-value stock; PFE is a mid-cap income-oriented stock; MRK is a large-cap deep-value stock; AZN 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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