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XERS vs LLY vs NVO vs IQV
Revenue, margins, valuation, and 5-year total return — side by side.
Drug Manufacturers - General
Drug Manufacturers - General
Medical - Diagnostics & Research
XERS vs LLY vs NVO vs IQV — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Biotechnology | Drug Manufacturers - General | Drug Manufacturers - General | Medical - Diagnostics & Research |
| Market Cap | $1.14B | $921.16B | $203.48B | $30.32B |
| Revenue (TTM) | $315M | $72.25B | $327.80B | $16.63B |
| Net Income (TTM) | $12M | $25.27B | $121.96B | $1.39B |
| Gross Margin | 59.4% | 83.5% | 81.8% | 26.1% |
| Operating Margin | 11.4% | 45.9% | 45.3% | 13.9% |
| Forward P/E | 55.3x | 28.2x | 2.1x | 14.1x |
| Total Debt | $38M | $42.50B | $130.96B | $16.17B |
| Cash & Equiv. | $111M | $7.16B | $26.46B | $1.98B |
XERS vs LLY vs NVO vs IQV — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Xeris Biopharma Hol… (XERS) | 100 | 129.0 | +29.0% |
| Eli Lilly and Compa… (LLY) | 100 | 637.4 | +537.4% |
| Novo Nordisk A/S (NVO) | 100 | 138.9 | +38.9% |
| IQVIA Holdings Inc. (IQV) | 100 | 119.5 | +19.5% |
Price return only. Dividends and distributions are not included.
Quick Verdict: XERS vs LLY vs NVO vs IQV
Each card shows where this stock fits in a portfolio — not just who wins on paper.
XERS is the clearest fit if your priority is growth exposure.
- Rev growth 43.7%, EPS growth 100.9%, 3Y rev CAGR 38.3%
- +48.0% vs NVO's -29.5%
LLY is the #2 pick in this set and the best alternative if income & stability and long-term compounding is your priority.
- Dividend streak 11 yrs, beta 0.71, yield 0.6%
- 12.4% 10Y total return vs IQV's 166.5%
- Lower volatility, beta 0.71, current ratio 1.58x
- Beta 0.71, yield 0.6%, current ratio 1.58x
NVO carries the broadest edge in this set and is the clearest fit for valuation efficiency.
- PEG 0.10 vs LLY's 0.98
- Lower P/E (2.1x vs 28.2x), PEG 0.10 vs 0.98
- 37.2% margin vs XERS's 3.8%
- 4.0% yield, 8-year raise streak, vs LLY's 0.6%, (2 stocks pay no dividend)
IQV lags the leaders in this set but could rank higher in a more targeted comparison.
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 44.7% revenue growth vs IQV's 5.9% | |
| Value | Lower P/E (2.1x vs 28.2x), PEG 0.10 vs 0.98 | |
| Quality / Margins | 37.2% margin vs XERS's 3.8% | |
| Stability / Safety | Beta 0.71 vs NVO's 1.56 | |
| Dividends | 4.0% yield, 8-year raise streak, vs LLY's 0.6%, (2 stocks pay no dividend) | |
| Momentum (1Y) | +48.0% vs NVO's -29.5% | |
| Efficiency (ROA) | 23.3% ROA vs XERS's 3.2%, ROIC 36.2% vs 33.8% |
XERS vs LLY vs NVO vs IQV — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
XERS vs LLY vs NVO vs IQV — 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
IQV leads 1 • XERS leads 0 • NVO 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)
NVO is the larger business by revenue, generating $327.8B annually — 1041.1x XERS's $315M. NVO is the more profitable business, keeping 37.2% of every revenue dollar as net income compared to XERS's 3.8%. On growth, LLY holds the edge at +55.5% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $315M | $72.2B | $327.8B | $16.6B |
| EBITDAEarnings before interest/tax | $45M | $34.7B | $170.2B | $3.5B |
| Net IncomeAfter-tax profit | $12M | $25.3B | $122.0B | $1.4B |
| Free Cash FlowCash after capex | $57M | $13.6B | $31.0B | $2.7B |
| Gross MarginGross profit ÷ Revenue | +59.4% | +83.5% | +81.8% | +26.1% |
| Operating MarginEBIT ÷ Revenue | +11.4% | +45.9% | +45.3% | +13.9% |
| Net MarginNet income ÷ Revenue | +3.8% | +35.0% | +37.2% | +8.3% |
| FCF MarginFCF ÷ Revenue | +18.2% | +18.8% | +9.5% | +16.1% |
| Rev. Growth (YoY)Latest quarter vs prior year | +38.3% | +55.5% | +24.0% | +8.4% |
| EPS Growth (YoY)Latest quarter vs prior year | +116.5% | +169.9% | +67.1% | +15.0% |
Valuation Metrics
IQV leads this category, winning 4 of 7 comparable metrics.
Valuation Metrics
At 12.6x trailing earnings, NVO trades at a 99% valuation discount to XERS's 2071.9x 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 | $1.1B | $921.2B | $203.5B | $30.3B |
| Enterprise ValueMkt cap + debt − cash | $1.1B | $956.5B | $219.9B | $44.5B |
| Trailing P/EPrice ÷ TTM EPS | 2071.88x | 42.48x | 12.64x | 22.79x |
| Forward P/EPrice ÷ next-FY EPS est. | 55.25x | 28.24x | 2.15x | 14.06x |
| PEG RatioP/E ÷ EPS growth rate | — | 1.47x | 0.61x | 0.56x |
| EV / EBITDAEnterprise value multiple | 28.88x | 30.60x | 9.34x | 12.97x |
| Price / SalesMarket cap ÷ Revenue | 3.92x | 14.13x | 4.19x | 1.86x |
| Price / BookPrice ÷ Book value/share | 83.66x | 32.99x | 6.67x | 4.67x |
| Price / FCFMarket cap ÷ FCF | 40.93x | 102.67x | 44.63x | 14.78x |
Profitability & Efficiency
LLY leads this category, winning 4 of 9 comparable metrics.
Profitability & Efficiency
XERS delivers a 7.3% return on equity — every $100 of shareholder capital generates $7 in annual profit, vs $22 for IQV. NVO carries lower financial leverage with a 0.67x debt-to-equity ratio, signaling a more conservative balance sheet compared to XERS's 2.76x. On the Piotroski fundamental quality scale (0–9), LLY scores 8/9 vs IQV's 4/9, reflecting strong financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | +7.3% | +101.2% | +66.4% | +22.1% |
| ROA (TTM)Return on assets | +3.2% | +22.7% | +23.3% | +4.7% |
| ROICReturn on invested capital | +33.8% | +41.8% | +36.2% | +8.7% |
| ROCEReturn on capital employed | +10.0% | +46.6% | +44.4% | +11.0% |
| Piotroski ScoreFundamental quality 0–9 | 7 | 8 | 5 | 4 |
| Debt / EquityFinancial leverage | 2.76x | 1.60x | 0.67x | 2.44x |
| Net DebtTotal debt minus cash | -$73M | $35.3B | $104.5B | $14.2B |
| Cash & Equiv.Liquid assets | $111M | $7.2B | $26.5B | $2.0B |
| Total DebtShort + long-term debt | $38M | $42.5B | $131.0B | $16.2B |
| Interest CoverageEBIT ÷ Interest expense | 1.12x | 35.68x | 18.90x | 3.10x |
Total Returns (Dividends Reinvested)
Evenly matched — XERS and LLY each lead in 3 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 $7,621 for IQV. Over the past 12 months, XERS leads with a +48.0% total return vs NVO's -29.5%. The 3-year compound annual growth rate (CAGR) favors XERS at 40.3% vs NVO's -16.0% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | -9.8% | -9.6% | -10.2% | -20.7% |
| 1-Year ReturnPast 12 months | +48.0% | +26.3% | -29.5% | +16.5% |
| 3-Year ReturnCumulative with dividends | +176.2% | +129.1% | -40.7% | -5.9% |
| 5-Year ReturnCumulative with dividends | +104.0% | +411.1% | +36.4% | -23.8% |
| 10-Year ReturnCumulative with dividends | -67.2% | +1237.7% | +99.6% | +166.5% |
| CAGR (3Y)Annualised 3-year return | +40.3% | +31.8% | -16.0% | -2.0% |
Risk & Volatility
LLY leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
LLY is the less volatile stock with a 0.71 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. LLY currently trades 86.0% 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 | 1.04x | 0.71x | 1.56x | 1.33x |
| 52-Week HighHighest price in past year | $10.08 | $1133.95 | $81.44 | $247.05 |
| 52-Week LowLowest price in past year | $4.30 | $623.78 | $35.12 | $134.65 |
| % of 52W HighCurrent price vs 52-week peak | +65.8% | +86.0% | +56.2% | +72.3% |
| RSI (14)Momentum oscillator 0–100 | 58.7 | 61.4 | 73.4 | 58.5 |
| Avg Volume (50D)Average daily shares traded | 1.8M | 2.6M | 18.4M | 1.6M |
Analyst Outlook
Evenly matched — LLY and NVO each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: XERS as "Buy", LLY as "Buy", NVO as "Buy", IQV as "Buy". Consensus price targets imply 35.7% upside for XERS (target: $9) vs 2.6% for NVO (target: $47). For income investors, NVO offers the higher dividend yield at 4.00% vs LLY's 0.61%.
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $9.00 | $1258.47 | $47.00 | $225.63 |
| # AnalystsCovering analysts | 10 | 45 | 39 | 44 |
| Dividend YieldAnnual dividend ÷ price | — | +0.6% | +4.0% | — |
| Dividend StreakConsecutive years of raises | — | 11 | 8 | 2 |
| Dividend / ShareAnnual DPS | — | $6.00 | $11.64 | — |
| Buyback YieldShare repurchases ÷ mkt cap | +1.0% | +0.4% | +0.1% | +4.1% |
LLY leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). IQV leads in 1 (Valuation Metrics). 2 tied.
XERS vs LLY vs NVO vs IQV: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is XERS or LLY or NVO 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 5. 9% for IQVIA Holdings Inc. (IQV). 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 Xeris Biopharma Holdings, Inc. (XERS) a "Buy" — based on 10 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 — XERS or LLY or NVO or IQV?
On trailing P/E, Novo Nordisk A/S (NVO) is the cheapest at 12.
6x versus Xeris Biopharma Holdings, Inc. at 2071. 9x. 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. 98x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — XERS or LLY or NVO or IQV?
Over the past 5 years, Eli Lilly and Company (LLY) delivered a total return of +411.
1%, compared to -23. 8% for IQVIA Holdings Inc. (IQV). Over 10 years, the gap is even starker: LLY returned +1238% versus XERS's -67. 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 — XERS or LLY or NVO or IQV?
By beta (market sensitivity over 5 years), Eli Lilly and Company (LLY) is the lower-risk stock at 0.
71β versus Novo Nordisk A/S's 1. 56β — meaning NVO is approximately 120% more volatile than LLY relative to the S&P 500. On balance sheet safety, Novo Nordisk A/S (NVO) carries a lower debt/equity ratio of 67% versus 3% for Xeris Biopharma Holdings, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — XERS or LLY or NVO or IQV?
By revenue growth (latest reported year), Eli Lilly and Company (LLY) is pulling ahead at 44.
7% versus 5. 9% for IQVIA Holdings Inc. (IQV). On earnings-per-share growth, the picture is similar: Xeris Biopharma Holdings, Inc. grew EPS 100. 9% year-over-year, compared to 1. 8% for Novo Nordisk A/S. Over a 3-year CAGR, XERS leads at 38. 3% 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 — XERS or LLY or NVO or IQV?
Novo Nordisk A/S (NVO) is the more profitable company, earning 33.
1% net margin versus 0. 2% for Xeris Biopharma Holdings, 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 8. 5% for XERS. 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 XERS or LLY or NVO 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, Novo Nordisk A/S (NVO) is the more undervalued stock at a PEG of 0. 10x versus Eli Lilly and Company's 0. 98x. 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 55. 3x for Xeris Biopharma Holdings, Inc. — 53. 1x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for XERS: 35. 7% to $9. 00.
08Which pays a better dividend — XERS or LLY or NVO or IQV?
In this comparison, NVO (4.
0% yield), LLY (0. 6% yield) pay a dividend. XERS, IQV do not pay a meaningful dividend and should not be held primarily for income.
09Is XERS or LLY or NVO 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 XERS and LLY and NVO 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: XERS is a small-cap high-growth stock; LLY is a large-cap high-growth stock; NVO is a large-cap deep-value stock; IQV is a mid-cap quality compounder stock. LLY, NVO pay a dividend while XERS, 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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