Merck & Co., Inc. (MRK) vs Novartis AG (NVS)
Merck & Co., Inc. and Novartis AG are both Drug Manufacturers General companies. Merck & Co., Inc. is the larger, with a market value of $365.4B against $264.3B — 1.4× the size. Novartis AG trades at the lower P/E: 21.8× against 119×. Merck & Co., Inc. grew revenue faster over the last twelve months: 4.64% against 2.73%. Novartis AG has the higher net margin (22.5% vs 4.77%) and the higher return on invested capital (13.1% vs 5.08%). Both pay a dividend; Novartis AG yields more (3.69% vs 2.58%). Across the 23 metrics below, Novartis AG leads on 19 and Merck & Co., Inc. on 4.
Valuation
Profitability
| Metric | MRK | NVS | Drug Manufacturers General median |
|---|---|---|---|
| Gross margin | 72.97% | 74.74% | 72.77% |
| Operating margin | 10.49% | 30.17% | 18.90% |
| Net margin | 4.77% | 22.50% | 8.27% |
| Free cash flow margin | 24.13% | 26.77% | 17.25% |
| Return on equity | 6.97% | 30.37% | 6.97% |
| Return on assets | 2.57% | 11.27% | 2.76% |
| Return on invested capital | 5.08% | 13.14% | 6.30% |
Growth
Health
Dividend
Size
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