Biotechnology
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5 / 10Stock Comparison
NUVL vs LLY vs PFE vs MRK vs IQV
Revenue, margins, valuation, and 5-year total return — side by side.
Drug Manufacturers - General
Drug Manufacturers - General
Drug Manufacturers - General
Medical - Diagnostics & Research
NUVL vs LLY vs PFE vs MRK vs IQV — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Biotechnology | Drug Manufacturers - General | Drug Manufacturers - General | Drug Manufacturers - General | Medical - Diagnostics & Research |
| Market Cap | $7.53B | $921.16B | $150.63B | $277.34B | $30.32B |
| Revenue (TTM) | $0.00 | $72.25B | $63.31B | $64.93B | $16.63B |
| Net Income (TTM) | $-450M | $25.27B | $7.49B | $18.25B | $1.39B |
| Gross Margin | — | 83.5% | 69.3% | 74.2% | 26.1% |
| Operating Margin | — | 45.9% | 23.4% | 41.1% | 13.9% |
| Forward P/E | — | 28.2x | 8.9x | 21.9x | 14.1x |
| Total Debt | $0.00 | $42.50B | $67.42B | $50.53B | $16.17B |
| Cash & Equiv. | $262M | $7.16B | $1.14B | $14.56B | $1.98B |
NUVL vs LLY vs PFE vs MRK vs IQV — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Jul 21 | May 26 | Return |
|---|---|---|---|
| Nuvalent, Inc. (NUVL) | 100 | 561.1 | +461.1% |
| Eli Lilly and Compa… (LLY) | 100 | 400.4 | +300.4% |
| Pfizer Inc. (PFE) | 100 | 61.9 | -38.1% |
| Merck & Co., Inc. (MRK) | 100 | 146.1 | +46.1% |
| IQVIA Holdings Inc. (IQV) | 100 | 72.1 | -27.9% |
Price return only. Dividends and distributions are not included.
Quick Verdict: NUVL vs LLY vs PFE vs MRK vs IQV
Each card shows where this stock fits in a portfolio — not just who wins on paper.
NUVL is the #2 pick in this set and the best alternative if momentum is your priority.
- +53.5% vs IQV's +16.5%
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 NUVL's 446.1%
- 44.7% revenue growth vs PFE's -1.6%
- 35.0% margin vs NUVL's 3.2%
PFE ranks third and is worth considering specifically for income & stability.
- Dividend streak 15 yrs, beta 0.54, yield 6.5%
- 6.5% yield, 15-year raise streak, vs LLY's 0.6%, (2 stocks pay no dividend)
MRK is the clearest fit if your priority is sleep-well-at-night and defensive.
- 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 IQV's 1.33, lower leverage
IQV is the clearest fit if your priority is valuation efficiency.
- PEG 0.35 vs MRK's 1.03
- Lower P/E (14.1x vs 21.9x), PEG 0.35 vs 1.03
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 44.7% revenue growth vs PFE's -1.6% | |
| Value | Lower P/E (14.1x vs 21.9x), PEG 0.35 vs 1.03 | |
| Quality / Margins | 35.0% margin vs NUVL's 3.2% | |
| Stability / Safety | Beta 0.48 vs IQV's 1.33, lower leverage | |
| Dividends | 6.5% yield, 15-year raise streak, vs LLY's 0.6%, (2 stocks pay no dividend) | |
| Momentum (1Y) | +53.5% vs IQV's +16.5% | |
| Efficiency (ROA) | 22.7% ROA vs NUVL's -37.8%, ROIC 41.8% vs -32.5% |
NUVL vs LLY vs PFE vs MRK vs IQV — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
NUVL vs LLY vs PFE vs MRK vs IQV — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
LLY leads in 2 of 6 categories
NUVL leads 1 • PFE leads 1 • MRK leads 0 • IQV 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)
LLY and NUVL operate at a comparable scale, with $72.2B and $0 in trailing revenue. LLY is the more profitable business, keeping 35.0% of every revenue dollar as net income compared to IQV's 8.3%. On growth, LLY holds the edge at +55.5% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $0 | $72.2B | $63.3B | $64.9B | $16.6B |
| EBITDAEarnings before interest/tax | -$346M | $34.7B | $21.0B | $32.4B | $3.5B |
| Net IncomeAfter-tax profit | -$450M | $25.3B | $7.5B | $18.3B | $1.4B |
| Free Cash FlowCash after capex | -$313M | $13.6B | $9.5B | $12.4B | $2.7B |
| Gross MarginGross profit ÷ Revenue | — | +83.5% | +69.3% | +74.2% | +26.1% |
| Operating MarginEBIT ÷ Revenue | — | +45.9% | +23.4% | +41.1% | +13.9% |
| Net MarginNet income ÷ Revenue | — | +35.0% | +11.8% | +28.1% | +8.3% |
| FCF MarginFCF ÷ Revenue | — | +18.8% | +15.0% | +19.0% | +16.1% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | +55.5% | +5.4% | +4.5% | +8.4% |
| EPS Growth (YoY)Latest quarter vs prior year | -17.8% | +169.9% | -9.5% | -19.6% | +15.0% |
Valuation Metrics
Evenly matched — PFE and IQV each lead in 3 of 7 comparable metrics.
Valuation Metrics
At 15.4x trailing earnings, MRK trades at a 64% valuation discount to LLY's 42.5x P/E. Adjusting for growth (PEG ratio), IQV offers better value at 0.56x vs LLY's 1.47x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $7.5B | $921.2B | $150.6B | $277.3B | $30.3B |
| Enterprise ValueMkt cap + debt − cash | $7.3B | $956.5B | $216.9B | $313.3B | $44.5B |
| Trailing P/EPrice ÷ TTM EPS | -17.50x | 42.48x | 19.47x | 15.42x | 22.79x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 28.24x | 8.94x | 21.93x | 14.06x |
| PEG RatioP/E ÷ EPS growth rate | — | 1.47x | — | 0.73x | 0.56x |
| EV / EBITDAEnterprise value multiple | — | 30.60x | 10.66x | 10.68x | 12.97x |
| Price / SalesMarket cap ÷ Revenue | — | 14.13x | 2.41x | 4.27x | 1.86x |
| Price / BookPrice ÷ Book value/share | 5.96x | 32.99x | 1.74x | 5.35x | 4.67x |
| Price / FCFMarket cap ÷ FCF | — | 102.67x | 16.60x | 22.44x | 14.78x |
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 $-43 for NUVL. PFE carries lower financial leverage with a 0.78x debt-to-equity ratio, signaling a more conservative balance sheet compared to IQV's 2.44x. On the Piotroski fundamental quality scale (0–9), LLY scores 8/9 vs NUVL's 1/9, reflecting strong financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | -42.8% | +101.2% | +8.3% | +36.1% | +22.1% |
| ROA (TTM)Return on assets | -37.8% | +22.7% | +3.6% | +14.6% | +4.7% |
| ROICReturn on invested capital | -32.5% | +41.8% | +7.5% | +22.0% | +8.7% |
| ROCEReturn on capital employed | -34.4% | +46.6% | +9.0% | +23.8% | +11.0% |
| Piotroski ScoreFundamental quality 0–9 | 1 | 8 | 7 | 4 | 4 |
| Debt / EquityFinancial leverage | — | 1.60x | 0.78x | 0.96x | 2.44x |
| Net DebtTotal debt minus cash | -$262M | $35.3B | $66.3B | $36.0B | $14.2B |
| Cash & Equiv.Liquid assets | $262M | $7.2B | $1.1B | $14.6B | $2.0B |
| Total DebtShort + long-term debt | $0 | $42.5B | $67.4B | $50.5B | $16.2B |
| Interest CoverageEBIT ÷ Interest expense | -26.85x | 35.68x | 4.02x | 19.68x | 3.10x |
Total Returns (Dividends Reinvested)
NUVL leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in NUVL five years ago would be worth $54,613 today (with dividends reinvested), compared to $7,621 for IQV. Over the past 12 months, NUVL leads with a +53.5% total return vs IQV's +16.5%. The 3-year compound annual growth rate (CAGR) favors NUVL at 39.5% vs PFE's -6.6% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +1.5% | -9.6% | +6.9% | +6.3% | -20.7% |
| 1-Year ReturnPast 12 months | +53.5% | +26.3% | +23.7% | +46.1% | +16.5% |
| 3-Year ReturnCumulative with dividends | +171.2% | +129.1% | -18.4% | +2.9% | -5.9% |
| 5-Year ReturnCumulative with dividends | +446.1% | +411.1% | -13.3% | +70.2% | -23.8% |
| 10-Year ReturnCumulative with dividends | +446.1% | +1237.7% | +29.6% | +166.5% | +166.5% |
| CAGR (3Y)Annualised 3-year return | +39.5% | +31.8% | -6.6% | +0.9% | -2.0% |
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 IQV's 1.33 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 IQV's 72.3% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.09x | 0.71x | 0.54x | 0.48x | 1.33x |
| 52-Week HighHighest price in past year | $113.02 | $1133.95 | $28.75 | $125.14 | $247.05 |
| 52-Week LowLowest price in past year | $63.56 | $623.78 | $21.97 | $73.31 | $134.65 |
| % of 52W HighCurrent price vs 52-week peak | +90.6% | +86.0% | +92.1% | +89.7% | +72.3% |
| RSI (14)Momentum oscillator 0–100 | 52.9 | 61.4 | 44.2 | 46.7 | 58.5 |
| Avg Volume (50D)Average daily shares traded | 544K | 2.6M | 33.3M | 7.3M | 1.6M |
Analyst Outlook
PFE leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: NUVL as "Buy", LLY as "Buy", PFE as "Hold", MRK as "Buy", IQV as "Buy". Consensus price targets imply 41.0% upside for NUVL (target: $144) 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 | Hold | Buy | Buy |
| Price TargetConsensus 12-month target | $144.40 | $1258.47 | $27.27 | $129.31 | $225.63 |
| # AnalystsCovering analysts | 14 | 45 | 39 | 37 | 44 |
| Dividend YieldAnnual dividend ÷ price | — | +0.6% | +6.5% | +2.9% | — |
| Dividend StreakConsecutive years of raises | — | 11 | 15 | 14 | 2 |
| Dividend / ShareAnnual DPS | — | $6.00 | $1.72 | $3.26 | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +0.4% | 0.0% | +1.8% | +4.1% |
LLY leads in 2 of 6 categories (Income & Cash Flow, Profitability & Efficiency). NUVL leads in 1 (Total Returns). 2 tied.
NUVL vs LLY vs PFE vs MRK vs IQV: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is NUVL or LLY or PFE or MRK or IQV 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). Merck & Co. , Inc. (MRK) offers the better valuation at 15. 4x trailing P/E (21. 9x forward), making it the more compelling value choice. Analysts rate Nuvalent, Inc. (NUVL) a "Buy" — based on 14 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 — NUVL or LLY or PFE or MRK or IQV?
On trailing P/E, Merck & Co.
, Inc. (MRK) is the cheapest at 15. 4x versus Eli Lilly and Company at 42. 5x. On forward P/E, Pfizer Inc. is actually cheaper at 8. 9x — notably different from the trailing picture, reflecting expected earnings growth. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: IQVIA Holdings Inc. wins at 0. 35x versus Merck & Co. , Inc. 's 1. 03x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — NUVL or LLY or PFE or MRK or IQV?
Over the past 5 years, Nuvalent, Inc.
(NUVL) delivered a total return of +446. 1%, compared to -23. 8% for IQVIA Holdings Inc. (IQV). 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 — NUVL or LLY or PFE or MRK or IQV?
By beta (market sensitivity over 5 years), Merck & Co.
, Inc. (MRK) is the lower-risk stock at 0. 48β versus IQVIA Holdings Inc. 's 1. 33β — meaning IQV is approximately 180% more volatile than MRK relative to the S&P 500. On balance sheet safety, Pfizer Inc. (PFE) carries a lower debt/equity ratio of 78% versus 2% for IQVIA Holdings Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — NUVL or LLY or PFE or MRK or IQV?
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: Eli Lilly and Company grew EPS 96. 0% year-over-year, compared to -48. 9% for Nuvalent, 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 — NUVL or LLY or PFE or MRK or IQV?
Eli Lilly and Company (LLY) is the more profitable company, earning 31.
7% net margin versus 0. 0% for Nuvalent, 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 0. 0% for NUVL. 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 NUVL or LLY or PFE or MRK or IQV 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, IQVIA Holdings Inc. (IQV) is the more undervalued stock at a PEG of 0. 35x versus Merck & Co. , Inc. 's 1. 03x. 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 NUVL: 41. 0% to $144. 40.
08Which pays a better dividend — NUVL or LLY or PFE or MRK or IQV?
In this comparison, PFE (6.
5% yield), MRK (2. 9% yield), LLY (0. 6% yield) pay a dividend. NUVL, IQV do not pay a meaningful dividend and should not be held primarily for income.
09Is NUVL or LLY or PFE or MRK or IQV 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%, IQV: +166. 5%), 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 NUVL and LLY and PFE and MRK and IQV?
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: NUVL is a small-cap quality compounder stock; LLY is a large-cap high-growth stock; PFE is a mid-cap income-oriented stock; MRK is a large-cap deep-value stock; IQV is a mid-cap quality compounder stock. LLY, PFE, MRK pay a dividend while NUVL, IQV do not, making them suitable for different income and tax situations. 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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