LLY vs MRK
Lilly (Eli) (LLY) and Merck (MRK) compared side by side. Lilly (Eli) (LLY) is larger, with a market cap of $1.1T versus $358.4B for Merck, about 3.2 times the size. On trailing earnings, LLY is cheaper at 42.7x versus 117.2x for MRK.
Head to head
| Metric | LLY | MRK |
|---|---|---|
| Market cap | $1.1T | $358.4B |
| P/E (TTM) | 42.7x | 117.2x |
| Forward P/E | 27.0x | 15.7x |
| Revenue (TTM) | $79.7B | $66.6B |
| Revenue growth | 47.7% | 5.1% |
| Gross margin | 83.4% | 75.9% |
| Operating margin | 54.2% | -0.2% |
| Free cash flow | $13.6B | $16.1B |
| Dividend yield | 0.54% | 2.34% |
| 1-year return | +56.1% | +71.5% |
| 5-year return (annual) | +40.5% | +15.8% |
| Max drawdown | -68% | -69% |
| FI Handbook grade | B | C |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
LLY vs MRK FAQ
Which is bigger, LLY or MRK?
Lilly (Eli) (LLY) is larger, with a market cap of $1.1T versus $358.4B for Merck, about 3.2 times the size.
Is LLY or MRK cheaper?
On trailing earnings, LLY is cheaper at 42.7x versus 117.2x for MRK. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, LLY or MRK?
MRK returned +71.5% over the past year including dividends, versus +56.1% for LLY, through October 23, 2026.
Which pays a higher dividend, LLY or MRK?
MRK yields 2.34% versus 0.54% for LLY.
Full pages: Lilly (Eli) · Merck