AMGN vs. LLY: Amgen vs. Eli Lilly Stock Comparison
How do Amgen (AMGN) and Eli Lilly (LLY) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Amgen (AMGN) and Eli Lilly (LLY) both fall under the Pharmaceuticals, Biotechnology & Life Sciences industry group, but AMGN is classified in Biotechnology while LLY is classified in Pharmaceuticals.
| Profile Item | AMGN | LLY |
|---|---|---|
| Name | Amgen Inc. | Eli Lilly and Company |
| Country/Region | United States | United States |
| GICS Sector | Health Care | Health Care |
| GICS Industry Group | Pharmaceuticals, Biotechnology & Life Sciences | Pharmaceuticals, Biotechnology & Life Sciences |
| GICS Industry | Biotechnology | Pharmaceuticals |
| GICS Sub-Industry | Biotechnology | Pharmaceuticals |
| Market Capitalization | 236.38 billion USD | 1,024.93 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | June 17, 1983 | June 1, 1972 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | AMGN | LLY |
|---|---|---|
| Total Return (1Y) | 60.43% | 55.69% |
| Total Return (3Y, Annualized) | 23.06% | 28.18% |
| Total Return (5Y, Annualized) | 17.68% | 35.89% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | AMGN | LLY |
|---|---|---|
| Volatility (1Y, Annualized) | 27.61% | 35.83% |
| Beta (5Y) | 0.41 | 0.45 |
| Max Drawdown (5Y) | -24.86% | -34.48% |
| Avg. Volume (3M) | 2.67M | 2.87M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | AMGN | LLY |
|---|---|---|
| Sharpe Ratio (1Y) | 2.04 | 1.44 |
| Sortino Ratio (1Y) | 3.64 | 2.46 |
Profitability
ROE (TTM)
Both Amgen (AMGN) at 91.47% and Eli Lilly (LLY) at 102.29% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
AMGN
Pharmaceuticals, Biotechnology & Life Sciences industry group
91.47%
- Max
- 102.29%
- AMGN
- 91.47%
- Q3
- 3.16%
- Median
- -32.34%
- Q1
- -64.79%
- Min
- -157.61%
LLY
Pharmaceuticals, Biotechnology & Life Sciences industry group
102.29%
- LLY
- 102.29%
- Max
- 102.29%
- Q3
- 3.16%
- Median
- -32.34%
- Q1
- -64.79%
- Min
- -157.61%
Net Margin (TTM)
Both Amgen (AMGN) at 22.95% and Eli Lilly (LLY) at 33.53% keep an unusually large share of revenue as bottom-line profit — each net margin clears its industry’s benchmark range.
AMGN
Pharmaceuticals, Biotechnology & Life Sciences industry group
22.95%
- AMGN
- 22.95%
- Max
- 12.02%
- Q3
- 2.44%
- Median
- 0.00%
- Q1
- -4.89%
- Min
- -13.51%
LLY
Pharmaceuticals, Biotechnology & Life Sciences industry group
33.53%
- LLY
- 33.53%
- Max
- 12.02%
- Q3
- 2.44%
- Median
- 0.00%
- Q1
- -4.89%
- Min
- -13.51%
Operating Margin (TTM)
Both Amgen (AMGN) at 35.55% and Eli Lilly (LLY) at 54.22% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
AMGN
Pharmaceuticals, Biotechnology & Life Sciences industry group
35.55%
- Max
- 76.04%
- AMGN
- 35.55%
- Q3
- 10.45%
- Median
- 0.00%
- Q1
- -120.32%
- Min
- -308.66%
LLY
Pharmaceuticals, Biotechnology & Life Sciences industry group
54.22%
- Max
- 76.04%
- LLY
- 54.22%
- Q3
- 10.45%
- Median
- 0.00%
- Q1
- -120.32%
- Min
- -308.66%
Profitability Metrics
| Metric | AMGN | LLY |
|---|---|---|
| ROE (TTM) | 91.47% | 102.29% |
| ROA (TTM) | 8.67% | 20.36% |
| Net Margin (TTM) | 22.95% | 33.53% |
| Operating Margin (TTM) | 35.55% | 54.22% |
| Gross Margin (TTM) | 71.89% | 83.40% |
Growth
Revenue Growth
Both Amgen (AMGN) at 9.95% and Eli Lilly (LLY) at 44.70% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Amgen (AMGN) at 88.23% and Eli Lilly (LLY) at 95.99% sit in the top peer quartile for EPS growth, so each is compounding per-share earnings faster than typical industry peers.
Growth Metrics
| Metric | AMGN | LLY |
|---|---|---|
| Revenue Growth (YoY) | 9.95% | 44.70% |
| Revenue Growth (3Y CAGR) | 11.77% | 31.69% |
| EPS Growth (YoY) | 88.23% | 95.99% |
| EPS Growth (3Y CAGR) | 5.52% | 51.71% |
Financial Strength
Current Ratio (MRQ)
Both Amgen (AMGN) at 1.37 and Eli Lilly (LLY) at 1.36 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
AMGN
Pharmaceuticals, Biotechnology & Life Sciences industry group
1.37
- Max
- 26.10
- Q3
- 12.34
- Median
- 5.72
- Q1
- 2.80
- AMGN
- 1.37
- Min
- 0.10
LLY
Pharmaceuticals, Biotechnology & Life Sciences industry group
1.36
- Max
- 26.10
- Q3
- 12.34
- Median
- 5.72
- Q1
- 2.80
- LLY
- 1.36
- Min
- 0.10
Debt / Equity (MRQ)
Debt sits unusually high against shareholders’ equity for both Amgen (AMGN) at 4.90 and Eli Lilly (LLY) at 1.62 — each debt-to-equity ratio is above its industry benchmark range.
AMGN
Pharmaceuticals, Biotechnology & Life Sciences industry group
4.90
- AMGN
- 4.90
- Max
- 1.56
- Q3
- 0.64
- Median
- 0.14
- Q1
- 0.02
- Min
- 0.00
LLY
Pharmaceuticals, Biotechnology & Life Sciences industry group
1.62
- LLY
- 1.62
- Max
- 1.56
- Q3
- 0.64
- Median
- 0.14
- Q1
- 0.02
- Min
- 0.00
Financial Strength Metrics
| Metric | AMGN | LLY |
|---|---|---|
| Current Ratio (MRQ) | 1.37 | 1.36 |
| Debt / Equity (MRQ) | 4.90 | 1.62 |
| Net Debt / EBITDA | 2.51 | 1.10 |
Dividends
Dividend Yield (TTM)
Both Amgen (AMGN) at 2.21% and Eli Lilly (LLY) at 0.56% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.
AMGN
Pharmaceuticals, Biotechnology & Life Sciences industry group
2.21%
- AMGN
- 2.21%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
LLY
Pharmaceuticals, Biotechnology & Life Sciences industry group
0.56%
- LLY
- 0.56%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Amgen (AMGN) at 60.87% and Eli Lilly (LLY) at 21.69% pay out more of their earnings than any of their industry peers — the thinnest cover in their groups, so dividend headroom deserves attention.
AMGN
Pharmaceuticals, Biotechnology & Life Sciences industry group
60.87%
- AMGN
- 60.87%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
LLY
Pharmaceuticals, Biotechnology & Life Sciences industry group
21.69%
- LLY
- 21.69%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | AMGN | LLY |
|---|---|---|
| Dividend Yield (TTM) | 2.21% | 0.56% |
| Dividend Payout Ratio (TTM) | 60.87% | 21.69% |
Valuation
P/E Ratio (TTM)
Both Amgen (AMGN) at 27.17 and Eli Lilly (LLY) at 38.61 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
AMGN
Pharmaceuticals, Biotechnology & Life Sciences industry group
27.17
- Max
- 83.73
- Q3
- 44.68
- Median
- 28.50
- AMGN
- 27.17
- Q1
- 15.51
- Min
- 0.14
LLY
Pharmaceuticals, Biotechnology & Life Sciences industry group
38.61
- Max
- 83.73
- Q3
- 44.68
- LLY
- 38.61
- Median
- 28.50
- Q1
- 15.51
- Min
- 0.14
P/S Ratio (TTM)
On P/S ratio, both Amgen (AMGN) at 6.21 and Eli Lilly (LLY) at 12.86 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
AMGN
Pharmaceuticals, Biotechnology & Life Sciences industry group
6.21
- Max
- 65.27
- Q3
- 29.50
- Median
- 7.31
- AMGN
- 6.21
- Q1
- 3.49
- Min
- 0.01
LLY
Pharmaceuticals, Biotechnology & Life Sciences industry group
12.86
- Max
- 65.27
- Q3
- 29.50
- LLY
- 12.86
- Median
- 7.31
- Q1
- 3.49
- Min
- 0.01
P/B Ratio (MRQ)
Measured against book value, both Amgen (AMGN) at 20.22 and Eli Lilly (LLY) at 30.24 look expensive — each P/B ratio sits above its industry’s benchmark range.
AMGN
Pharmaceuticals, Biotechnology & Life Sciences industry group
20.22
- AMGN
- 20.22
- Max
- 15.46
- Q3
- 7.32
- Median
- 4.02
- Q1
- 1.90
- Min
- -5.81
LLY
Pharmaceuticals, Biotechnology & Life Sciences industry group
30.24
- LLY
- 30.24
- Max
- 15.46
- Q3
- 7.32
- Median
- 4.02
- Q1
- 1.90
- Min
- -5.81
Valuation Metrics
| Metric | AMGN | LLY |
|---|---|---|
| P/E Ratio (TTM) | 27.17 | 38.61 |
| P/S Ratio (TTM) | 6.21 | 12.86 |
| P/B Ratio (MRQ) | 20.22 | 30.24 |
| Free Cash Flow Yield (TTM) | 3.66% | 1.08% |