Biotechnology
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5 / 10Stock Comparison
VIR vs AGEN vs REGN vs MRK vs CRL
Revenue, margins, valuation, and 5-year total return — side by side.
Biotechnology
Biotechnology
Drug Manufacturers - General
Medical - Diagnostics & Research
VIR vs AGEN vs REGN vs MRK vs CRL — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Biotechnology | Biotechnology | Biotechnology | Drug Manufacturers - General | Medical - Diagnostics & Research |
| Market Cap | $1.47B | $135M | $74.28B | $275.10B | $8.76B |
| Revenue (TTM) | $65M | $114M | $14.92B | $64.93B | $4.03B |
| Net Income (TTM) | $-443M | $115K | $4.42B | $18.25B | $-185M |
| Gross Margin | 279.6% | 35.7% | 84.5% | 74.2% | 31.9% |
| Operating Margin | -7.0% | -17.7% | 24.3% | 41.1% | 11.8% |
| Forward P/E | — | 2.9x | 15.5x | 21.7x | 16.0x |
| Total Debt | $187M | $10M | $2.71B | $50.53B | $3.07B |
| Cash & Equiv. | $234M | $3M | $3.12B | $14.56B | $214M |
VIR vs AGEN vs REGN vs MRK vs CRL — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Vir Biotechnology, … (VIR) | 100 | 26.7 | -73.3% |
| Agenus Inc. (AGEN) | 100 | 5.1 | -94.9% |
| Regeneron Pharmaceu… (REGN) | 100 | 116.7 | +16.7% |
| Merck & Co., Inc. (MRK) | 100 | 144.7 | +44.7% |
| Charles River Labor… (CRL) | 100 | 98.9 | -1.1% |
Price return only. Dividends and distributions are not included.
Quick Verdict: VIR vs AGEN vs REGN vs MRK vs CRL
Each card shows where this stock fits in a portfolio — not just who wins on paper.
VIR ranks third and is worth considering specifically for momentum.
- +68.6% vs CRL's +25.7%
AGEN is the #2 pick in this set and the best alternative if growth exposure is your priority.
- Rev growth 10.4%, EPS growth 100.0%, 3Y rev CAGR 5.2%
- 10.4% revenue growth vs VIR's -7.6%
- Lower P/E (2.9x vs 15.5x)
REGN is the clearest fit if your priority is sleep-well-at-night.
- Lower volatility, beta 0.77, Low D/E 8.7%, current ratio 4.13x
- 29.6% margin vs VIR's -6.8%
MRK carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.
- Dividend streak 14 yrs, beta 0.45, yield 2.9%
- 164.7% 10Y total return vs CRL's 114.0%
- PEG 1.02 vs REGN's 2.44
- Beta 0.45, yield 2.9%, current ratio 1.54x
Among these 5 stocks, CRL doesn't own a clear edge in any measured category.
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 10.4% revenue growth vs VIR's -7.6% | |
| Value | Lower P/E (2.9x vs 15.5x) | |
| Quality / Margins | 29.6% margin vs VIR's -6.8% | |
| Stability / Safety | Beta 0.45 vs AGEN's 2.58 | |
| Dividends | 2.9% yield, 14-year raise streak, vs REGN's 0.5%, (3 stocks pay no dividend) | |
| Momentum (1Y) | +68.6% vs CRL's +25.7% | |
| Efficiency (ROA) | 14.6% ROA vs VIR's -41.8%, ROIC 22.0% vs -40.3% |
VIR vs AGEN vs REGN vs MRK vs CRL — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
VIR vs AGEN vs REGN vs MRK vs CRL — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
MRK leads in 4 of 6 categories
AGEN leads 1 • VIR leads 0 • REGN leads 0 • CRL leads 0 • 1 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
Evenly matched — AGEN and REGN each lead in 2 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
MRK is the larger business by revenue, generating $64.9B annually — 991.3x VIR's $65M. REGN is the more profitable business, keeping 29.6% of every revenue dollar as net income compared to VIR's -6.8%. On growth, AGEN holds the edge at +27.5% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $65M | $114M | $14.9B | $64.9B | $4.0B |
| EBITDAEarnings before interest/tax | -$452M | -$10M | $4.2B | $32.4B | $824M |
| Net IncomeAfter-tax profit | -$443M | $115,000 | $4.4B | $18.3B | -$185M |
| Free Cash FlowCash after capex | -$445M | -$159M | $4.2B | $12.4B | $391M |
| Gross MarginGross profit ÷ Revenue | +2.8% | +35.7% | +84.5% | +74.2% | +31.9% |
| Operating MarginEBIT ÷ Revenue | -7.0% | -17.7% | +24.3% | +41.1% | +11.8% |
| Net MarginNet income ÷ Revenue | -6.8% | +0.1% | +29.6% | +28.1% | -4.6% |
| FCF MarginFCF ÷ Revenue | -6.8% | -139.1% | +27.9% | +19.0% | +9.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | -101.0% | +27.5% | +19.0% | +4.5% | +1.2% |
| EPS Growth (YoY)Latest quarter vs prior year | +3.4% | +85.3% | -7.2% | -19.6% | -160.0% |
Valuation Metrics
AGEN leads this category, winning 3 of 7 comparable metrics.
Valuation Metrics
At 15.3x trailing earnings, MRK trades at a 11% valuation discount to REGN's 17.2x P/E. Adjusting for growth (PEG ratio), MRK offers better value at 0.72x vs REGN's 2.72x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $1.5B | $135M | $74.3B | $275.1B | $8.8B |
| Enterprise ValueMkt cap + debt − cash | $1.4B | $142M | $73.9B | $311.1B | $11.6B |
| Trailing P/EPrice ÷ TTM EPS | -2.89x | -1123.53x | 17.23x | 15.30x | -61.04x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 2.94x | 15.46x | 21.69x | 16.00x |
| PEG RatioP/E ÷ EPS growth rate | — | — | 2.72x | 0.72x | — |
| EV / EBITDAEnterprise value multiple | — | — | 17.92x | 10.61x | 12.75x |
| Price / SalesMarket cap ÷ Revenue | 21.45x | 1.18x | 5.18x | 4.24x | 2.18x |
| Price / BookPrice ÷ Book value/share | 1.65x | — | 2.48x | 5.30x | 2.74x |
| Price / FCFMarket cap ÷ FCF | — | — | 18.20x | 22.26x | 16.90x |
Profitability & Efficiency
MRK leads this category, winning 4 of 9 comparable metrics.
Profitability & Efficiency
MRK delivers a 36.1% return on equity — every $100 of shareholder capital generates $36 in annual profit, vs $-53 for VIR. REGN carries lower financial leverage with a 0.09x debt-to-equity ratio, signaling a more conservative balance sheet compared to MRK's 0.96x. On the Piotroski fundamental quality scale (0–9), AGEN scores 6/9 vs VIR's 3/9, reflecting solid financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | -53.3% | — | +14.3% | +36.1% | -5.7% |
| ROA (TTM)Return on assets | -41.8% | +0.1% | +11.1% | +14.6% | -2.5% |
| ROICReturn on invested capital | -40.3% | — | +8.9% | +22.0% | +6.3% |
| ROCEReturn on capital employed | -42.8% | — | +10.2% | +23.8% | +8.1% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 6 | 5 | 4 | 4 |
| Debt / EquityFinancial leverage | 0.24x | — | 0.09x | 0.96x | 0.95x |
| Net DebtTotal debt minus cash | -$47M | $7M | -$412M | $36.0B | $2.9B |
| Cash & Equiv.Liquid assets | $234M | $3M | $3.1B | $14.6B | $214M |
| Total DebtShort + long-term debt | $187M | $10M | $2.7B | $50.5B | $3.1B |
| Interest CoverageEBIT ÷ Interest expense | — | 1.11x | 108.44x | 19.68x | 4.29x |
Total Returns (Dividends Reinvested)
MRK leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in MRK five years ago would be worth $16,955 today (with dividends reinvested), compared to $635 for AGEN. Over the past 12 months, VIR leads with a +68.6% total return vs CRL's +25.7%. The 3-year compound annual growth rate (CAGR) favors MRK at 0.7% vs AGEN's -50.7% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +53.5% | +18.3% | -7.8% | +5.4% | -12.3% |
| 1-Year ReturnPast 12 months | +68.6% | +25.7% | +31.2% | +47.7% | +25.7% |
| 3-Year ReturnCumulative with dividends | -62.2% | -88.0% | -4.4% | +2.1% | -6.5% |
| 5-Year ReturnCumulative with dividends | -76.5% | -93.7% | +43.2% | +69.5% | -46.6% |
| 10-Year ReturnCumulative with dividends | -34.9% | -94.2% | +91.6% | +164.7% | +114.0% |
| CAGR (3Y)Annualised 3-year return | -27.7% | -50.7% | -1.5% | +0.7% | -2.2% |
Risk & Volatility
MRK leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
MRK is the less volatile stock with a 0.45 beta — it tends to amplify market swings less than AGEN's 2.58 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. MRK currently trades 89.0% from its 52-week high vs AGEN's 52.0% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 2.04x | 2.58x | 0.77x | 0.45x | 1.44x |
| 52-Week HighHighest price in past year | $11.66 | $7.34 | $821.11 | $125.14 | $228.88 |
| 52-Week LowLowest price in past year | $4.16 | $2.71 | $476.49 | $73.31 | $132.58 |
| % of 52W HighCurrent price vs 52-week peak | +78.2% | +52.0% | +87.1% | +89.0% | +77.6% |
| RSI (14)Momentum oscillator 0–100 | 41.7 | 46.1 | 41.7 | 43.7 | 57.4 |
| Avg Volume (50D)Average daily shares traded | 2.4M | 822K | 626K | 7.2M | 792K |
Analyst Outlook
MRK leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: VIR as "Buy", AGEN as "Buy", REGN as "Buy", MRK as "Buy", CRL as "Buy". Consensus price targets imply 131.8% upside for VIR (target: $21) vs 16.1% for MRK (target: $129). For income investors, MRK offers the higher dividend yield at 2.93% vs REGN's 0.48%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $21.14 | $7.33 | $865.68 | $129.31 | $206.43 |
| # AnalystsCovering analysts | 12 | 11 | 48 | 37 | 36 |
| Dividend YieldAnnual dividend ÷ price | — | — | +0.5% | +2.9% | — |
| Dividend StreakConsecutive years of raises | — | 1 | 1 | 14 | 1 |
| Dividend / ShareAnnual DPS | — | — | $3.41 | $3.26 | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +0.1% | +5.3% | +1.8% | +4.1% |
MRK leads in 4 of 6 categories (Profitability & Efficiency, Total Returns). AGEN leads in 1 (Valuation Metrics). 1 tied.
VIR vs AGEN vs REGN vs MRK vs CRL: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is VIR or AGEN or REGN or MRK or CRL a better buy right now?
For growth investors, Agenus Inc.
(AGEN) is the stronger pick with 10. 4% revenue growth year-over-year, versus -7. 6% for Vir Biotechnology, Inc. (VIR). Merck & Co. , Inc. (MRK) offers the better valuation at 15. 3x trailing P/E (21. 7x forward), making it the more compelling value choice. Analysts rate Vir Biotechnology, Inc. (VIR) a "Buy" — based on 12 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 — VIR or AGEN or REGN or MRK or CRL?
On trailing P/E, Merck & Co.
, Inc. (MRK) is the cheapest at 15. 3x versus Regeneron Pharmaceuticals, Inc. at 17. 2x. On forward P/E, Agenus Inc. is actually cheaper at 2. 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: Merck & Co. , Inc. wins at 1. 02x versus Regeneron Pharmaceuticals, Inc. 's 2. 44x — a reasonable growth-adjusted valuation.
03Which is the better long-term investment — VIR or AGEN or REGN or MRK or CRL?
Over the past 5 years, Merck & Co.
, Inc. (MRK) delivered a total return of +69. 5%, compared to -93. 7% for Agenus Inc. (AGEN). Over 10 years, the gap is even starker: MRK returned +164. 7% versus AGEN's -94. 2%. 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 — VIR or AGEN or REGN or MRK or CRL?
By beta (market sensitivity over 5 years), Merck & Co.
, Inc. (MRK) is the lower-risk stock at 0. 45β versus Agenus Inc. 's 2. 58β — meaning AGEN is approximately 468% more volatile than MRK relative to the S&P 500. On balance sheet safety, Regeneron Pharmaceuticals, Inc. (REGN) carries a lower debt/equity ratio of 9% versus 96% for Merck & Co. , Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — VIR or AGEN or REGN or MRK or CRL?
By revenue growth (latest reported year), Agenus Inc.
(AGEN) is pulling ahead at 10. 4% versus -7. 6% for Vir Biotechnology, Inc. (VIR). On earnings-per-share growth, the picture is similar: Agenus Inc. grew EPS 100. 0% year-over-year, compared to -1555. 0% for Charles River Laboratories International, Inc.. Over a 3-year CAGR, REGN leads at 5. 6% 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 — VIR or AGEN or REGN or MRK or CRL?
Regeneron Pharmaceuticals, Inc.
(REGN) is the more profitable company, earning 31. 4% net margin versus -638. 9% for Vir Biotechnology, Inc. — meaning it keeps 31. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: MRK leads at 36. 2% versus -682. 7% for VIR. At the gross margin level — before operating expenses — AGEN leads at 90. 3%, 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 VIR or AGEN or REGN or MRK or CRL 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, Merck & Co. , Inc. (MRK) is the more undervalued stock at a PEG of 1. 02x versus Regeneron Pharmaceuticals, Inc. 's 2. 44x. A PEG below 1. 5 suggests fair-to-attractive pricing relative to expected growth. On forward earnings alone, Agenus Inc. (AGEN) trades at 2. 9x forward P/E versus 21. 7x for Merck & Co. , Inc. — 18. 8x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for VIR: 131. 8% to $21. 14.
08Which pays a better dividend — VIR or AGEN or REGN or MRK or CRL?
In this comparison, MRK (2.
9% yield), REGN (0. 5% yield) pay a dividend. VIR, AGEN, CRL do not pay a meaningful dividend and should not be held primarily for income.
09Is VIR or AGEN or REGN or MRK or CRL better for a retirement portfolio?
For long-horizon retirement investors, Merck & Co.
, Inc. (MRK) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 45), 2. 9% yield, +164. 7% 10Y return). Agenus Inc. (AGEN) carries a higher beta of 2. 58 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (MRK: +164. 7%, AGEN: -94. 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 VIR and AGEN and REGN and MRK and CRL?
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: VIR is a small-cap quality compounder stock; AGEN is a small-cap quality compounder stock; REGN is a mid-cap deep-value stock; MRK is a large-cap deep-value stock; CRL is a small-cap quality compounder stock. MRK pays a dividend while VIR, AGEN, REGN, CRL 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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