AZN vs. NVS: AstraZeneca vs. Novartis Stock Comparison
How do AstraZeneca (AZN) and Novartis (NVS) 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
AstraZeneca (AZN) and Novartis (NVS) are both classified in the Pharmaceuticals sub-industry within the broader Pharmaceuticals industry, placing them in the closest GICS peer bucket.
Both AstraZeneca (AZN) and Novartis (NVS) trade as ADRs — their core financials are comparable, but keep FX, depositary-program fees, and dividend withholding in view for each.
| Profile Item | AZN | NVS |
|---|---|---|
| Name | AstraZeneca PLC American Depositary Shares | Novartis AG Sponsored ADR |
| Country/Region | United Kingdom | Switzerland |
| GICS Sector | Health Care | Health Care |
| GICS Industry Group | Pharmaceuticals, Biotechnology & Life Sciences | Pharmaceuticals, Biotechnology & Life Sciences |
| GICS Industry | Pharmaceuticals | Pharmaceuticals |
| GICS Sub-Industry | Pharmaceuticals | Pharmaceuticals |
| Market Capitalization | 262.83 billion USD | 293.94 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | May 12, 1993 | November 7, 1996 |
| Security Type | ADR | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | AZN | NVS |
|---|---|---|
| Total Return (1Y) | 21.21% | 28.29% |
| Total Return (3Y, Annualized) | 9.92% | 20.96% |
| Total Return (5Y, Annualized) | 9.21% | 14.90% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | AZN | NVS |
|---|---|---|
| Volatility (1Y, Annualized) | 27.88% | 21.63% |
| Beta (5Y) | 0.26 | 0.46 |
| Max Drawdown (5Y) | -27.87% | -20.42% |
| Avg. Volume (3M) | 2.14M | 1.71M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | AZN | NVS |
|---|---|---|
| Sharpe Ratio (1Y) | 0.62 | 1.12 |
| Sortino Ratio (1Y) | 0.98 | 1.70 |
Profitability
ROE (TTM)
Both AstraZeneca (AZN) at 23.48% and Novartis (NVS) at 34.93% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
AZN
Pharmaceuticals, Biotechnology & Life Sciences industry group
23.48%
- Max
- 99.40%
- AZN
- 23.48%
- Q3
- 2.50%
- Median
- -32.34%
- Q1
- -62.68%
- Min
- -158.89%
NVS
Pharmaceuticals, Biotechnology & Life Sciences industry group
34.93%
- Max
- 99.40%
- NVS
- 34.93%
- Q3
- 2.50%
- Median
- -32.34%
- Q1
- -62.68%
- Min
- -158.89%
Net Margin (TTM)
Both AstraZeneca (AZN) at 17.19% and Novartis (NVS) at 23.92% keep an unusually large share of revenue as bottom-line profit — each net margin clears its industry’s benchmark range.
AZN
Pharmaceuticals, Biotechnology & Life Sciences industry group
17.19%
- AZN
- 17.19%
- Max
- 9.98%
- Q3
- 2.77%
- Median
- 0.00%
- Q1
- -2.26%
- Min
- -9.05%
NVS
Pharmaceuticals, Biotechnology & Life Sciences industry group
23.92%
- NVS
- 23.92%
- Max
- 9.98%
- Q3
- 2.77%
- Median
- 0.00%
- Q1
- -2.26%
- Min
- -9.05%
Operating Margin (TTM)
Both AstraZeneca (AZN) at 27.94% and Novartis (NVS) at 30.48% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
AZN
Pharmaceuticals, Biotechnology & Life Sciences industry group
27.94%
- Max
- 100.30%
- AZN
- 27.94%
- Q3
- 4.40%
- Median
- 0.00%
- Q1
- -131.52%
- Min
- -332.88%
NVS
Pharmaceuticals, Biotechnology & Life Sciences industry group
30.48%
- Max
- 100.30%
- NVS
- 30.48%
- Q3
- 4.40%
- Median
- 0.00%
- Q1
- -131.52%
- Min
- -332.88%
Profitability Metrics
| Metric | AZN | NVS |
|---|---|---|
| ROE (TTM) | 23.48% | 34.93% |
| ROA (TTM) | 8.49% | 10.54% |
| Net Margin (TTM) | 17.19% | 23.92% |
| Operating Margin (TTM) | 27.94% | 30.48% |
| Gross Margin (TTM) | 81.51% | 75.55% |
Growth
Revenue Growth
Revenue Growth Metrics
| Metric | AZN | NVS |
|---|---|---|
| Revenue Growth (YoY) | 8.63% | 9.57% |
| Revenue Growth (3Y CAGR) | 9.82% | 9.25% |
EPS Growth
EPS Growth Metrics
| Metric | AZN | NVS |
|---|---|---|
| EPS Growth (YoY) | 45.33% | 21.81% |
| EPS Growth (3Y CAGR) | 45.80% | 31.14% |
Financial Strength
Current Ratio (MRQ)
Both AstraZeneca (AZN) at 0.91 and Novartis (NVS) at 0.85 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
AZN
Pharmaceuticals, Biotechnology & Life Sciences industry group
0.91
- Max
- 26.16
- Q3
- 12.33
- Median
- 5.81
- Q1
- 2.71
- AZN
- 0.91
- Min
- 0.23
NVS
Pharmaceuticals, Biotechnology & Life Sciences industry group
0.85
- Max
- 26.16
- Q3
- 12.33
- Median
- 5.81
- Q1
- 2.71
- NVS
- 0.85
- Min
- 0.23
Debt / Equity (MRQ)
Both AstraZeneca (AZN) at 0.72 and Novartis (NVS) at 1.21 lean more heavily on debt funding than most peers, landing in the higher-leverage quartile of their industries.
AZN
Pharmaceuticals, Biotechnology & Life Sciences industry group
0.72
- Max
- 1.60
- AZN
- 0.72
- Q3
- 0.68
- Median
- 0.15
- Q1
- 0.02
- Min
- 0.00
NVS
Pharmaceuticals, Biotechnology & Life Sciences industry group
1.21
- Max
- 1.60
- NVS
- 1.21
- Q3
- 0.68
- Median
- 0.15
- Q1
- 0.02
- Min
- 0.00
Financial Strength Metrics
| Metric | AZN | NVS |
|---|---|---|
| Current Ratio (MRQ) | 0.91 | 0.85 |
| Debt / Equity (MRQ) | 0.72 | 1.21 |
| Net Debt / EBITDA | 1.32 | 1.75 |
Dividends
Dividend Yield (TTM)
Both AstraZeneca (AZN) at 1.86% and Novartis (NVS) at 3.02% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.
AZN
Pharmaceuticals, Biotechnology & Life Sciences industry group
1.86%
- AZN
- 1.86%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
NVS
Pharmaceuticals, Biotechnology & Life Sciences industry group
3.02%
- NVS
- 3.02%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both AstraZeneca (AZN) at 47.70% and Novartis (NVS) at 67.91% pay out more of their earnings than any of their industry peers — the thinnest cover in their groups, so dividend headroom deserves attention.
AZN
Pharmaceuticals, Biotechnology & Life Sciences industry group
47.70%
- AZN
- 47.70%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
NVS
Pharmaceuticals, Biotechnology & Life Sciences industry group
67.91%
- NVS
- 67.91%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | AZN | NVS |
|---|---|---|
| Dividend Yield (TTM) | 1.86% | 3.02% |
| Dividend Payout Ratio (TTM) | 47.70% | 67.91% |
Valuation
P/E Ratio (TTM)
Both AstraZeneca (AZN) at 25.83 and Novartis (NVS) at 22.07 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
AZN
Pharmaceuticals, Biotechnology & Life Sciences industry group
25.83
- Max
- 78.47
- Q3
- 47.85
- AZN
- 25.83
- Median
- 25.59
- Q1
- 15.75
- Min
- 2.21
NVS
Pharmaceuticals, Biotechnology & Life Sciences industry group
22.07
- Max
- 78.47
- Q3
- 47.85
- Median
- 25.59
- NVS
- 22.07
- Q1
- 15.75
- Min
- 2.21
P/S Ratio (TTM)
On P/S ratio, both AstraZeneca (AZN) at 4.35 and Novartis (NVS) at 5.20 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
AZN
Pharmaceuticals, Biotechnology & Life Sciences industry group
4.35
- Max
- 61.00
- Q3
- 27.53
- Median
- 7.98
- AZN
- 4.35
- Q1
- 3.53
- Min
- 0.01
NVS
Pharmaceuticals, Biotechnology & Life Sciences industry group
5.20
- Max
- 61.00
- Q3
- 27.53
- Median
- 7.98
- NVS
- 5.20
- Q1
- 3.53
- Min
- 0.01
P/B Ratio (MRQ)
AstraZeneca (AZN) at 5.55 is valued about in line with its industry on P/B ratio, while Novartis (NVS) at 7.63 carries an above-peer premium to book — NVS is pricier on assets.
AZN
Pharmaceuticals, Biotechnology & Life Sciences industry group
5.55
- Max
- 14.51
- Q3
- 7.18
- AZN
- 5.55
- Median
- 3.79
- Q1
- 1.69
- Min
- -6.49
NVS
Pharmaceuticals, Biotechnology & Life Sciences industry group
7.63
- Max
- 14.51
- NVS
- 7.63
- Q3
- 7.18
- Median
- 3.79
- Q1
- 1.69
- Min
- -6.49
Valuation Metrics
| Metric | AZN | NVS |
|---|---|---|
| P/E Ratio (TTM) | 25.83 | 22.07 |
| P/S Ratio (TTM) | 4.35 | 5.20 |
| P/B Ratio (MRQ) | 5.55 | 7.63 |
| Free Cash Flow Yield (TTM) | 2.50% | 4.09% |