Amgen Inc. (AMGN) vs Novartis AG (NVS)
Amgen Inc. and Novartis AG are both Drug Manufacturers General companies. Novartis AG is the larger, with a market value of $264.3B against $219.1B — 1.2× the size. Novartis AG trades at the lower P/E: 21.8× against 25.6×. Amgen Inc. grew revenue faster over the last twelve months: 9.10% against 2.73%. Amgen Inc. has the higher net margin (23.0% vs 22.5%) and the lower return on invested capital (13.0% vs 13.1%). Both pay a dividend; Novartis AG yields more (3.69% vs 3.16%). Across the 23 metrics below, Novartis AG leads on 17 and Amgen Inc. on 6.
Valuation
Profitability
| Metric | AMGN | NVS | Drug Manufacturers General median |
|---|---|---|---|
| Gross margin | 69.52% | 74.74% | 72.77% |
| Operating margin | 29.99% | 30.17% | 18.90% |
| Net margin | 22.95% | 22.50% | 8.27% |
| Free cash flow margin | 26.71% | 26.77% | 17.25% |
| Return on equity | 91.47% | 30.37% | 6.97% |
| Return on assets | 9.53% | 11.27% | 2.76% |
| Return on invested capital | 12.98% | 13.14% | 6.30% |
Growth
Health
Dividend
Size
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