AMGN vs NVS

Amgen and Novartis AG, both Healthcare

Novartis AG is the larger company at $275B against $226B. On trailing earnings NVS is the cheaper of the two at a P/E of 21.3 against 25.9, a gap that is only a bargain if the two are growing at similar rates. Over the past year AMGN returned +49% against +20% for NVS. The RyuScore puts NVS ahead, 75 against 63 out of 100.

Amgen and Novartis AG compared on valuation, return and the RyuScore
FigureAMGNNVS
Last close$418$144
Market cap$226B$275B
Trailing P/Elower is cheaper for the same earnings, not automatically better25.921.3
Dividend yield2.3%n/a
1-year return+49%+20%
5-year return+125%+104%
RyuScoresector-relative, 1–1063/10075/100

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 see the correlation.