Drug Manufacturers - General
Compare Stocks
4 / 10Stock Comparison
NVO vs SNY vs LLY vs AZN
Revenue, margins, valuation, and 5-year total return — side by side.
Drug Manufacturers - General
Drug Manufacturers - General
Drug Manufacturers - General
NVO vs SNY vs LLY 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 |
| Market Cap | $204.73B | $104.60B | $896.11B | $283.47B |
| Revenue (TTM) | $327.80B | $46.72B | $72.25B | $60.44B |
| Net Income (TTM) | $121.96B | $7.81B | $25.27B | $10.39B |
| Gross Margin | 81.8% | 72.3% | 83.5% | 81.7% |
| Operating Margin | 45.3% | 13.6% | 45.9% | 23.7% |
| Forward P/E | 2.1x | 10.3x | 26.3x | 17.8x |
| Total Debt | $130.96B | $21.79B | $42.50B | $29.70B |
| Cash & Equiv. | $26.46B | $7.66B | $7.16B | $5.71B |
NVO vs SNY vs LLY vs AZN — 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 | 139.7 | +39.7% |
| Sanofi (SNY) | 100 | 88.2 | -11.8% |
| Eli Lilly and Compa… (LLY) | 100 | 620.1 | +520.1% |
| AstraZeneca PLC (AZN) | 100 | 170.5 | +70.5% |
Price return only. Dividends and distributions are not included.
Quick Verdict: NVO vs SNY vs LLY vs AZN
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 LLY's 0.91
- Lower P/E (2.1x vs 17.8x), PEG 0.10 vs 0.82
- 37.2% margin vs SNY's 16.7%
- 23.3% ROA vs SNY's 6.1%, ROIC 36.2% vs 5.5%
SNY is the #2 pick in this set and the best alternative if income & stability and sleep-well-at-night is your priority.
- Dividend streak 0 yrs, beta 0.51, yield 5.1%
- Lower volatility, beta 0.51, Low D/E 30.4%, current ratio 1.09x
- Beta 0.51, yield 5.1%, current ratio 1.09x
- Beta 0.51 vs NVO's 1.52, lower leverage
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%
- 12.0% 10Y total return vs AZN's 269.2%
- 44.7% revenue growth vs SNY's 5.5%
AZN is the clearest fit if your priority is momentum.
- +38.7% vs NVO's -26.2%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 44.7% revenue growth vs SNY's 5.5% | |
| Value | Lower P/E (2.1x vs 17.8x), PEG 0.10 vs 0.82 | |
| Quality / Margins | 37.2% margin vs SNY's 16.7% | |
| Stability / Safety | Beta 0.51 vs NVO's 1.52, lower leverage | |
| Dividends | 5.1% yield, vs LLY's 0.6% | |
| Momentum (1Y) | +38.7% vs NVO's -26.2% | |
| Efficiency (ROA) | 23.3% ROA vs SNY's 6.1%, ROIC 36.2% vs 5.5% |
NVO vs SNY vs LLY vs AZN — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
Segment breakdown not available.
NVO vs SNY vs LLY vs AZN — 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 • SNY leads 0 • AZN leads 0 • 2 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 — 7.0x SNY's $46.7B. NVO is the more profitable business, keeping 37.2% of every revenue dollar as net income compared to SNY's 16.7%. On growth, SNY holds the edge at +59.9% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $327.8B | $46.7B | $72.2B | $60.4B |
| EBITDAEarnings before interest/tax | $170.2B | $9.6B | $34.7B | $20.1B |
| Net IncomeAfter-tax profit | $122.0B | $7.8B | $25.3B | $10.4B |
| Free Cash FlowCash after capex | $31.0B | $8.3B | $13.6B | $9.1B |
| Gross MarginGross profit ÷ Revenue | +81.8% | +72.3% | +83.5% | +81.7% |
| Operating MarginEBIT ÷ Revenue | +45.3% | +13.6% | +45.9% | +23.7% |
| Net MarginNet income ÷ Revenue | +37.2% | +16.7% | +35.0% | +17.2% |
| FCF MarginFCF ÷ Revenue | +9.5% | +17.7% | +18.8% | +15.1% |
| Rev. Growth (YoY)Latest quarter vs prior year | +24.0% | +59.9% | +55.5% | +12.5% |
| EPS Growth (YoY)Latest quarter vs prior year | +67.1% | -5.2% | +169.9% | +5.3% |
Valuation Metrics
NVO leads this category, winning 4 of 7 comparable metrics.
Valuation Metrics
At 12.7x trailing earnings, NVO trades at a 69% valuation discount to LLY's 41.3x P/E. Adjusting for growth (PEG ratio), NVO offers better value at 0.62x vs LLY's 1.43x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $204.7B | $104.6B | $896.1B | $283.5B |
| Enterprise ValueMkt cap + debt − cash | $221.1B | $121.2B | $931.5B | $307.5B |
| Trailing P/EPrice ÷ TTM EPS | 12.74x | 18.18x | 41.33x | 27.96x |
| Forward P/EPrice ÷ next-FY EPS est. | 2.13x | 10.29x | 26.30x | 17.79x |
| PEG RatioP/E ÷ EPS growth rate | 0.62x | — | 1.43x | 1.28x |
| EV / EBITDAEnterprise value multiple | 9.41x | 10.81x | 29.80x | 15.79x |
| Price / SalesMarket cap ÷ Revenue | 4.22x | 1.91x | 13.75x | 4.83x |
| Price / BookPrice ÷ Book value/share | 6.72x | 1.26x | 32.10x | 5.86x |
| Price / FCFMarket cap ÷ FCF | 44.96x | 10.02x | 99.88x | 24.09x |
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 $11 for SNY. SNY carries lower financial leverage with a 0.30x 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% | +10.8% | +101.2% | +22.2% |
| ROA (TTM)Return on assets | +23.3% | +6.1% | +22.7% | +9.1% |
| ROICReturn on invested capital | +36.2% | +5.5% | +41.8% | +14.9% |
| ROCEReturn on capital employed | +44.4% | +6.3% | +46.6% | +17.2% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 7 | 8 | 8 |
| Debt / EquityFinancial leverage | 0.67x | 0.30x | 1.60x | 0.61x |
| Net DebtTotal debt minus cash | $104.5B | $14.1B | $35.3B | $24.0B |
| Cash & Equiv.Liquid assets | $26.5B | $7.7B | $7.2B | $5.7B |
| Total DebtShort + long-term debt | $131.0B | $21.8B | $42.5B | $29.7B |
| Interest CoverageEBIT ÷ Interest expense | 18.90x | 17.51x | 35.68x | 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 $49,927 today (with dividends reinvested), compared to $10,279 for SNY. Over the past 12 months, AZN leads with a +38.7% total return vs NVO's -26.2%. The 3-year compound annual growth rate (CAGR) favors LLY at 30.6% vs NVO's -15.9% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | -9.7% | -5.2% | -12.0% | +1.3% |
| 1-Year ReturnPast 12 months | -26.2% | -8.1% | +27.0% | +38.7% |
| 3-Year ReturnCumulative with dividends | -40.4% | -5.6% | +123.0% | +30.6% |
| 5-Year ReturnCumulative with dividends | +35.9% | +2.8% | +399.3% | +84.2% |
| 10-Year ReturnCumulative with dividends | +100.4% | +59.1% | +1202.6% | +269.2% |
| CAGR (3Y)Annualised 3-year return | -15.9% | -1.9% | +30.6% | +9.3% |
Risk & Volatility
Evenly matched — SNY and AZN each lead in 1 of 2 comparable metrics.
Risk & Volatility
SNY is the less volatile stock with a 0.51 beta — it tends to amplify market swings less than NVO's 1.52 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. AZN currently trades 86.0% from its 52-week high vs NVO's 56.6% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.52x | 0.51x | 0.65x | 0.63x |
| 52-Week HighHighest price in past year | $81.44 | $53.36 | $1133.95 | $212.71 |
| 52-Week LowLowest price in past year | $35.12 | $42.78 | $623.78 | $91.44 |
| % of 52W HighCurrent price vs 52-week peak | +56.6% | +81.2% | +83.6% | +86.0% |
| RSI (14)Momentum oscillator 0–100 | 73.4 | 31.6 | 58.4 | 36.3 |
| Avg Volume (50D)Average daily shares traded | 17.9M | 3.2M | 2.6M | 1.8M |
Analyst Outlook
Evenly matched — SNY and LLY each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: NVO as "Buy", SNY as "Buy", LLY as "Buy", AZN as "Buy". Consensus price targets imply 33.0% upside for LLY (target: $1261) vs 2.0% for NVO (target: $47). For income investors, SNY offers the higher dividend yield at 5.09% vs LLY's 0.63%.
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $47.00 | $51.00 | $1261.11 | $211.00 |
| # AnalystsCovering analysts | 39 | 27 | 45 | 41 |
| Dividend YieldAnnual dividend ÷ price | +4.0% | +5.1% | +0.6% | +1.8% |
| Dividend StreakConsecutive years of raises | 8 | 0 | 11 | 4 |
| Dividend / ShareAnnual DPS | $11.64 | $1.88 | $6.00 | $3.25 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.1% | +5.4% | +0.5% | +0.3% |
LLY leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). NVO leads in 1 (Valuation Metrics). 2 tied.
NVO vs SNY vs LLY vs AZN: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is NVO or SNY or LLY 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 5. 5% for Sanofi (SNY). Novo Nordisk A/S (NVO) offers the better valuation at 12. 7x 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 SNY or LLY or AZN?
On trailing P/E, Novo Nordisk A/S (NVO) is the cheapest at 12.
7x versus Eli Lilly and Company at 41. 3x. 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 Eli Lilly and Company's 0. 91x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — NVO or SNY or LLY or AZN?
Over the past 5 years, Eli Lilly and Company (LLY) delivered a total return of +399.
3%, compared to +2. 8% for Sanofi (SNY). Over 10 years, the gap is even starker: LLY returned +1203% versus SNY's +59. 1%. 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 SNY or LLY or AZN?
By beta (market sensitivity over 5 years), Sanofi (SNY) is the lower-risk stock at 0.
51β versus Novo Nordisk A/S's 1. 52β — meaning NVO is approximately 200% more volatile than SNY relative to the S&P 500. On balance sheet safety, Sanofi (SNY) carries a lower debt/equity ratio of 30% versus 160% for Eli Lilly and Company — giving it more financial flexibility in a downturn.
05Which is growing faster — NVO or SNY or LLY or AZN?
By revenue growth (latest reported year), Eli Lilly and Company (LLY) is pulling ahead at 44.
7% versus 5. 5% for Sanofi (SNY). On earnings-per-share growth, the picture is similar: AstraZeneca PLC grew EPS 190. 7% year-over-year, compared to -7. 3% for Sanofi. 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 SNY or LLY or AZN?
Novo Nordisk A/S (NVO) is the more profitable company, earning 33.
1% net margin versus 16. 7% for Sanofi — 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 13. 6% for SNY. 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 SNY or LLY 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 Eli Lilly and Company's 0. 91x. 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 26. 3x for Eli Lilly and Company — 24. 2x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for LLY: 33. 0% to $1261. 11.
08Which pays a better dividend — NVO or SNY or LLY or AZN?
All stocks in this comparison pay dividends.
Sanofi (SNY) offers the highest yield at 5. 1%, versus 0. 6% for Eli Lilly and Company (LLY).
09Is NVO or SNY or LLY 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.
65), 0. 6% yield, +1203% 10Y return). Novo Nordisk A/S (NVO) carries a higher beta of 1. 52 — 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: +1203%, NVO: +100. 4%), 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 SNY and LLY 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: NVO is a large-cap deep-value stock; SNY is a mid-cap income-oriented stock; LLY is a large-cap high-growth 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.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform all of them.
You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.