AMGN vs NVS

Amgen and Novartis AG, both Healthcare

Novartis AG is the larger company at $281B against $182B. On trailing earnings NVS is the cheaper of the two at a P/E of 23.3 against 27.4, a gap that is only a bargain if the two are growing at similar rates. Over the past year AMGN returned +59% against +40% for NVS. Ryufin's sector-relative Smart Score puts AMGN ahead, 9/10 against 8/10.

Amgen and Novartis AGcompared on valuation, return and Ryufin’s Smart Score
FigureAMGNNVS
Last close$440$158
Market cap$182B$281B
Trailing P/Elower is cheaper for the same earnings, not automatically better27.423.3
Dividend yield2.2%n/a
1-year return+59%+40%
5-year return+113%+106%
Ryufin Smart Scoresector-relative, 1–109/108/10

Figures from SEC filings and end-of-day closes. Highlighting marks the higher or lower number, which is not the same as the better investment, a low P/E can be a warning and a high one can be deserved.

Amgen

Revenue of $10B in Q2 2026, net income $2.4B. Its largest reported line is Other Products, 17% of the disclosed total.

Novartis AG

Revenue of $27B in H2 2025, net income $6.3B.

Open these two in the interactive comparison to add more names, change the period or read the correlation.