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LLY vs MRK

Eli Lilly and Company Common Stock vs Merck & Company Inc. Common Stock (new). Side-by-side ACCE scores, valuation, profitability, and growth.

ACCE scores
LLY
MRK
Composite score
Out of 100
73
54
Growth
92
28
Value
22
39
Quality
86
50
Momentum
91
97
Valuation
LLY
MRK
Price
1164.89
149.50
Market cap
1.03T
362.35B
Trailing P/E
38.75
117.50
Forward P/E
24.45
15.15
EV / EBITDA
25.74
28.40
Dividend yield
0.6%
2.3%
Profitability
LLY
MRK
ROE
1.0%
7.0%
Net margin
33.5%
4.8%
Debt / equity
1.60
0.94
Free cash flow
8.97B
12.36B
Growth
LLY
MRK
Revenue growth (YoY)
47.7%
5.1%
Earnings growth (YoY)
26.2%
-19.3%
Analyst target
1325.39
152.96
ACCE verdict

$LLY is the clear winner here, though neither stock looks cheap on a fair-value basis.

Growth vs. Yield

$LLY posted 47.7% revenue growth and 26.2% earnings growth year-over-year, with a net margin of 33.5% and a Quality score of 86/100. Its ACCE Growth score of 92 reflects a business genuinely accelerating, not coasting. The analyst consensus target of $1,315.04 implies modest upside from the current $1,174.61.

$MRK tells a different story. Revenue grew just 5.1% and earnings fell 19.3% year-over-year. The trailing P/E of 117.7 is punishing for a company with a 4.8% net margin and a Quality score of 50. The analyst target of $148.73 sits almost exactly at the current price of $148.35, meaning the Street sees virtually no runway from here.

The Valuation Caveat

Both stocks trade well above their 6-model fair values: $LLY at -61.5% implied downside, $MRK at -47.5%. $MRK's 2.2% dividend yield and lower debt-to-equity (0.94 vs. $LLY's 1.60) offer some cushion, but not enough to offset deteriorating earnings.

$LLY wins on growth, margins, quality, and analyst conviction. The premium is steep, but it is at least backed by the numbers.

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