Drug Manufacturers - General
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NVO vs NVS vs LLY vs PFE
Revenue, margins, valuation, and 5-year total return — side by side.
Drug Manufacturers - General
Drug Manufacturers - General
Drug Manufacturers - General
NVO vs NVS vs LLY vs PFE — 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 |
| Market Cap | $203.48B | $277.42B | $921.16B | $150.63B |
| Revenue (TTM) | $327.80B | $56.05B | $72.25B | $63.31B |
| Net Income (TTM) | $121.96B | $13.53B | $25.27B | $7.49B |
| Gross Margin | 81.8% | 75.3% | 83.5% | 69.3% |
| Operating Margin | 45.3% | 30.5% | 45.9% | 23.4% |
| Forward P/E | 2.1x | 16.6x | 28.2x | 8.9x |
| Total Debt | $130.96B | $37.03B | $42.50B | $67.42B |
| Cash & Equiv. | $26.46B | $11.44B | $7.16B | $1.14B |
NVO vs NVS vs LLY vs PFE — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Novo Nordisk A/S (NVO) | 100 | 138.9 | +38.9% |
| Novartis AG (NVS) | 100 | 175.7 | +75.7% |
| Eli Lilly and Compa… (LLY) | 100 | 637.4 | +537.4% |
| Pfizer Inc. (PFE) | 100 | 73.1 | -26.9% |
Price return only. Dividends and distributions are not included.
Quick Verdict: NVO vs NVS vs LLY vs PFE
Each card shows where this stock fits in a portfolio — not just who wins on paper.
NVO carries the broadest edge in this set and is the clearest fit for valuation efficiency.
- PEG 0.10 vs NVS's 1.08
- Lower P/E (2.1x vs 8.9x)
- 37.2% margin vs PFE's 11.8%
- 23.3% ROA vs PFE's 3.6%, ROIC 36.2% vs 7.5%
NVS is the #2 pick in this set and the best alternative if sleep-well-at-night is your priority.
- Lower volatility, beta 0.42, Low D/E 79.6%, current ratio 1.12x
- Beta 0.42 vs NVO's 1.56
- +34.4% vs NVO's -29.5%
LLY is the clearest fit if your priority is 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 NVS's 178.5%
- 44.7% revenue growth vs PFE's -1.6%
PFE is the clearest fit if your priority is income & stability and defensive.
- Dividend streak 15 yrs, beta 0.54, yield 6.5%
- Beta 0.54, yield 6.5%, current ratio 1.16x
- 6.5% yield, 15-year raise streak, vs NVO's 4.0%
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 8.9x) | |
| Quality / Margins | 37.2% margin vs PFE's 11.8% | |
| Stability / Safety | Beta 0.42 vs NVO's 1.56 | |
| Dividends | 6.5% yield, 15-year raise streak, vs NVO's 4.0% | |
| Momentum (1Y) | +34.4% vs NVO's -29.5% | |
| Efficiency (ROA) | 23.3% ROA vs PFE's 3.6%, ROIC 36.2% vs 7.5% |
NVO vs NVS vs LLY vs PFE — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
NVO vs NVS vs LLY vs PFE — Financial Metrics
Side-by-side numbers across 4 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 • NVS leads 0 • 1 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
LLY leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
NVO is the larger business by revenue, generating $327.8B annually — 5.8x NVS's $56.1B. NVO is the more profitable business, keeping 37.2% 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 | $327.8B | $56.1B | $72.2B | $63.3B |
| EBITDAEarnings before interest/tax | $170.2B | $22.5B | $34.7B | $21.0B |
| Net IncomeAfter-tax profit | $122.0B | $13.5B | $25.3B | $7.5B |
| Free Cash FlowCash after capex | $31.0B | $16.4B | $13.6B | $9.5B |
| Gross MarginGross profit ÷ Revenue | +81.8% | +75.3% | +83.5% | +69.3% |
| Operating MarginEBIT ÷ Revenue | +45.3% | +30.5% | +45.9% | +23.4% |
| Net MarginNet income ÷ Revenue | +37.2% | +24.1% | +35.0% | +11.8% |
| FCF MarginFCF ÷ Revenue | +9.5% | +29.2% | +18.8% | +15.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | +24.0% | -0.7% | +55.5% | +5.4% |
| EPS Growth (YoY)Latest quarter vs prior year | +67.1% | -9.3% | +169.9% | -9.5% |
Valuation Metrics
NVO leads this category, winning 4 of 7 comparable metrics.
Valuation Metrics
At 12.6x trailing earnings, NVO trades at a 70% valuation discount to LLY's 42.5x P/E. Adjusting for growth (PEG ratio), NVO offers better value at 0.61x vs LLY's 1.47x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $203.5B | $277.4B | $921.2B | $150.6B |
| Enterprise ValueMkt cap + debt − cash | $219.9B | $303.0B | $956.5B | $216.9B |
| Trailing P/EPrice ÷ TTM EPS | 12.64x | 20.22x | 42.48x | 19.47x |
| Forward P/EPrice ÷ next-FY EPS est. | 2.15x | 16.58x | 28.24x | 8.94x |
| PEG RatioP/E ÷ EPS growth rate | 0.61x | 1.32x | 1.47x | — |
| EV / EBITDAEnterprise value multiple | 9.34x | 13.51x | 30.60x | 10.66x |
| Price / SalesMarket cap ÷ Revenue | 4.19x | 5.06x | 14.13x | 2.41x |
| Price / BookPrice ÷ Book value/share | 6.67x | 6.11x | 32.99x | 1.74x |
| Price / FCFMarket cap ÷ FCF | 44.63x | 15.69x | 102.67x | 16.60x |
Profitability & Efficiency
LLY leads this category, winning 5 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. NVO carries lower financial leverage with a 0.67x 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 NVO's 5/9, reflecting strong financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | +66.4% | +31.4% | +101.2% | +8.3% |
| ROA (TTM)Return on assets | +23.3% | +12.1% | +22.7% | +3.6% |
| ROICReturn on invested capital | +36.2% | +18.8% | +41.8% | +7.5% |
| ROCEReturn on capital employed | +44.4% | +21.1% | +46.6% | +9.0% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 6 | 8 | 7 |
| Debt / EquityFinancial leverage | 0.67x | 0.80x | 1.60x | 0.78x |
| Net DebtTotal debt minus cash | $104.5B | $25.6B | $35.3B | $66.3B |
| Cash & Equiv.Liquid assets | $26.5B | $11.4B | $7.2B | $1.1B |
| Total DebtShort + long-term debt | $131.0B | $37.0B | $42.5B | $67.4B |
| Interest CoverageEBIT ÷ Interest expense | 18.90x | 13.92x | 35.68x | 4.02x |
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, NVS leads with a +34.4% total return vs NVO's -29.5%. The 3-year compound annual growth rate (CAGR) favors LLY at 31.8% vs NVO's -16.0% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | -10.2% | +8.4% | -9.6% | +6.9% |
| 1-Year ReturnPast 12 months | -29.5% | +34.4% | +26.3% | +23.7% |
| 3-Year ReturnCumulative with dividends | -40.7% | +58.5% | +129.1% | -18.4% |
| 5-Year ReturnCumulative with dividends | +36.4% | +94.4% | +411.1% | -13.3% |
| 10-Year ReturnCumulative with dividends | +99.6% | +178.5% | +1237.7% | +29.6% |
| CAGR (3Y)Annualised 3-year return | -16.0% | +16.6% | +31.8% | -6.6% |
Risk & Volatility
Evenly matched — NVS and PFE each lead in 1 of 2 comparable metrics.
Risk & Volatility
NVS is the less volatile stock with a 0.42 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 92.1% from its 52-week high vs NVO's 56.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.56x | 0.42x | 0.71x | 0.54x |
| 52-Week HighHighest price in past year | $81.44 | $170.46 | $1133.95 | $28.75 |
| 52-Week LowLowest price in past year | $35.12 | $104.93 | $623.78 | $21.97 |
| % of 52W HighCurrent price vs 52-week peak | +56.2% | +85.3% | +86.0% | +92.1% |
| RSI (14)Momentum oscillator 0–100 | 73.4 | 48.7 | 61.4 | 44.2 |
| Avg Volume (50D)Average daily shares traded | 18.4M | 1.9M | 2.6M | 33.3M |
Analyst Outlook
PFE leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: NVO as "Buy", NVS as "Hold", LLY as "Buy", PFE as "Hold". Consensus price targets imply 29.1% upside for LLY (target: $1258) vs -3.0% for NVS (target: $141). For income investors, PFE offers the higher dividend yield at 6.49% vs LLY's 0.61%.
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold | Buy | Hold |
| Price TargetConsensus 12-month target | $47.00 | $141.00 | $1258.47 | $27.27 |
| # AnalystsCovering analysts | 39 | 25 | 45 | 39 |
| Dividend YieldAnnual dividend ÷ price | +4.0% | +2.8% | +0.6% | +6.5% |
| Dividend StreakConsecutive years of raises | 8 | 6 | 11 | 15 |
| Dividend / ShareAnnual DPS | $11.64 | $4.02 | $6.00 | $1.72 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.1% | +3.3% | +0.4% | 0.0% |
LLY leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). NVO leads in 1 (Valuation Metrics). 1 tied.
NVO vs NVS vs LLY vs PFE: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is NVO or NVS or LLY or PFE 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. 6x trailing P/E (2. 1x forward), making it the more compelling value choice. Analysts rate Novo Nordisk A/S (NVO) a "Buy" — based on 39 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 — NVO or NVS or LLY or PFE?
On trailing P/E, Novo Nordisk A/S (NVO) is the cheapest at 12.
6x versus Eli Lilly and Company at 42. 5x. 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 Novartis AG's 1. 08x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — NVO or NVS or LLY or PFE?
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 — NVO or NVS or LLY or PFE?
By beta (market sensitivity over 5 years), Novartis AG (NVS) is the lower-risk stock at 0.
42β versus Novo Nordisk A/S's 1. 56β — meaning NVO is approximately 267% more volatile than NVS relative to the S&P 500. On balance sheet safety, Novo Nordisk A/S (NVO) carries a lower debt/equity ratio of 67% versus 160% for Eli Lilly and Company — giving it more financial flexibility in a downturn.
05Which is growing faster — NVO or NVS or LLY or PFE?
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 -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 — NVO or NVS or LLY or PFE?
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 24. 7% for PFE. 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 NVO or NVS or LLY or PFE 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 Novartis AG's 1. 08x. 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. 2x for Eli Lilly and Company — 26. 1x 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 — NVO or NVS or LLY or PFE?
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 NVO or NVS or LLY or PFE 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). 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: +1238%, NVO: +99. 6%), 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 NVO and NVS and LLY and PFE?
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: NVO is a large-cap deep-value stock; NVS is a large-cap quality compounder stock; LLY is a large-cap high-growth stock; PFE is a mid-cap income-oriented 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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