AMRX vs VTRS vs ELTP Stock Comparison

Amneal Pharmaceuticals, Viatris and Elite Pharmaceuticals Prices as of Oct 27, 2026 Peers: Industry group
VTRS Viatris Inc
$18.72 +5.0% 1M +79.7% 1Y
Market cap
$21.84B
P/E
–
Revenue (TTM)
$14.74B
Div. yield
–
Generic Drugs Healthcare
3 wins

Head to Head

11 decided of 12

Elite Pharmaceuticals leads on 7 of the 12 questions below (Elite Pharmaceuticals 7, Viatris 3, Amneal Pharmaceuticals 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAMRXVTRSELTPLeader
Larger companyMarket capitalisation $6.79B $21.84B $258.64M VTRS
Cheaper on earningsLower P/E, profitable companies only 43.1x -53.2x 4.6x ELTP
Cheaper on forward earningsLower price / next fiscal year consensus EPS 22.1x 7.1x — VTRS
Faster revenue growthRevenue growth, trailing twelve months +9.3% +4.4% +33.7% ELTP
More profitableNet margin, trailing twelve months 5.0% -2.8% 40.2% ELTP
Better return on capitalReturn on invested capital 17.4% -0.2% 29.2% ELTP
Less leveragedLower net debt / EBITDA 3.8x 4.6x -1.0x ELTP
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +109.2% +79.7% -61.3% AMRX
Better 5-year returnAnnualised price return, 5 years +31.5%/yr +7.0%/yr +43.1%/yr ELTP
Less volatileAnnualised volatility, 1 year 35.0% 32.4% 57.4% VTRS
Higher overall scoreMean of the five percentile scores vs peers 70/100 66/100 88/100 ELTP

Percentile Scorecard

AMRXVTRSELTP

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAMRXVTRSELTP
Valuation 91 #55 of 625 93 #44 of 625 98 #14 of 625
Growth 74 #157 of 602 48 #314 of 602 91 #54 of 602
Profitability 84 #88 of 551 81 #104 of 551 91 #50 of 551
Financial Health 12 #580 of 656 23 #508 of 656 76 #157 of 656
Shareholder Returns 88 #46 of 365 85 #54 of 365 86 #52 of 365
Overall 70 66 88
  • AMRX ranked among 672 companies in Pharmaceuticals and Biotechnology
  • VTRS ranked among 672 companies in Pharmaceuticals and Biotechnology
  • ELTP ranked among 672 companies in Pharmaceuticals and Biotechnology

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAMRXVTRSELTPSPY
1 month +8.4%+5.0%-7.7% -0.2%
3 months +14.3%+4.8%-36.8% +3.9%
6 months +68.4%+26.3%-31.4% +8.2%
Year to date +70.2%+50.4%-51.0% +12.9%
1 year +109.2%+79.7%-61.3% +12.3%
3 years +468.7%+113.5%+100.0% +87.4%
3 years, per year +78.6%+28.8%+26.0% +23.3%
5 years +293.4%+40.4%+500.0% +67.9%
5 years, per year +31.5%+7.0%+43.1% +10.9%
10 years —-50.8%+41.2% +261.1%
10 years, per year —-6.8%+3.5% +13.7%

Risk

MeasureAMRXVTRSELTPSPY
Volatility, 1Y 35.0%32.4%57.4% 12.7%
Downside volatility, 1Y 31.0%29.6%71.6% 12.7%
Beta vs S&P 500, 1Y 0.700.700.69 1.00
Return / volatility, 1Y 3.122.46-1.07 0.97
Max drawdown, 5Y -78.2%-52.9%-71.4% -25.4%
From 52-week high 0.0%0.0%-64.7% -1.2%
52-week high $21.44$18.72$0.68 $779.14
52-week low $10.00$10.11$0.22 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAMRXVTRSELTP
P/E now vs peer median 43.5xmedian 17.2x -53.0xmedian 17.2x 4.6xmedian 17.2x
P/S now vs peer median 2.2xmedian 9.0x 1.5xmedian 9.0x 1.8xmedian 9.0x
EV/EBITDA now vs peer median 14.1xmedian 16.3x 12.5xmedian 16.3x 6.1xmedian 16.3x
P/FCF now vs peer median 82.4xmedian 18.7x 11.0xmedian 18.7x 14.8xmedian 18.7x
P/B now vs peer median 207.3xmedian 2.2x 1.5xmedian 2.2x 2.5xmedian 2.2x
PEG now vs peer median 0.18median 0.33 1.73median 0.33 0.04median 0.33

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAMRXVTRSELTP
Revenue $3.12B $14.74B $141.01M
Gross profit $1.23B $5.13B $61.31M
Operating income $453.92M -$87.30M $34.94M
Net income $215.32M -$410.70M $56.67M
Free cash flow $83.11M $1.95B $17.53M
R&D $175.57M $1.02B $6.10M
EPS (diluted) $0.48 $-0.35 $0.05
Cash & equivalents $127.64M $886.50M $39.42M
Total debt $2.67B $13.35B $9.58M
Shares (diluted) 328.10M 1.16B 1.13B
Enterprise value $5.98B $16.85B $140.32M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAMRXVTRSELTP
P/E 43.5x -53.0x 4.6x
P/FCF 82.4x 11.0x 14.8x
P/Operating cash flow 34.1x 9.2x 13.6x
P/S 2.2x 1.5x 1.8x
P/B 207.3x 1.5x 2.5x
P/Tangible book -12.3x 36.8x 2.6x
EV/EBITDA 14.1x 12.5x 6.1x
EV/EBIT 20.7x -389.1x 6.3x
EV/Revenue 3.0x 2.3x 1.6x
EV/FCF 113.0x 17.4x 12.6x
EV/Operating cash flow 46.8x 14.6x 11.6x
PEG (3Y EPS CAGR) 0.18 1.73 0.04

Growth

14 metrics
MetricAMRXVTRSELTP
Revenue growth (1Y) 9.3% 4.4% 33.7%
Revenue CAGR (3Y) 10.5% -1.9% 58.4%
Gross profit growth (1Y) 14.1% -0.7% 4.2%
Gross profit CAGR (3Y) 14.9% -6.0% 53.5%
Operating income growth (1Y) 20.6% 96.6% -6.7%
Operating income CAGR (3Y) 32.5% -27.6% 101.7%
Net income growth (1Y) 426.4% 88.2% 624.0%
Net income CAGR (3Y) 139.1% -30.5% 134.4%
EPS growth (1Y) 4,481% 88.1% 596.0%
EPS CAGR (3Y) 237.0% -30.6% 118.3%
Operating cash flow growth (1Y) -42.8% 12.9% -0.2%
Operating cash flow CAGR (3Y) 0.4% -3.0% 152.2%
Free cash flow growth (1Y) -69.3% 11.6% -2.8%
Free cash flow CAGR (3Y) -17.3% -3.6% 81.0%

Profitability

14 metrics
MetricAMRXVTRSELTP
Gross margin 39.3% 34.8% 43.5%
EBITDA margin 21.3% 18.4% 25.9%
Operating margin 14.6% -0.6% 24.8%
Pretax margin 6.5% -4.5% 46.2%
Net margin 5.0% -2.8% 40.2%
FCF margin 2.7% 13.3% 12.4%
Operating cash flow margin 6.4% 15.8% 13.5%
Return on equity – -2.8% 55.6%
Return on assets 5.9% -1.1% 40.8%
Return on invested capital 17.4% -0.2% 29.2%
Return on capital employed 16.4% -0.3% 32.2%
Asset turnover 0.9x 0.4x 1.0x
Cash conversion (OCF / net income) 0.9x -5.7x 0.3x
Stock comp / revenue 1.1% 1.2% 0.1%

Financial Health

11 metrics
MetricAMRXVTRSELTP
Debt / assets 70.7% 38.1% 1.7%
Debt / equity 80.9x 0.9x 0.0x
Net debt / EBITDA 3.8x 4.6x -1.0x
Debt / FCF 32.1x 6.8x 0.1x
Liabilities / assets 99.1% 59.3% 24.9%
Equity / assets 0.9% 40.7% 75.1%
Interest coverage – -0.2x 69.4x
Current ratio 2.2x 1.6x 3.8x
Quick ratio 1.3x 0.7x 3.0x
Cash ratio 0.1x 0.1x 1.3x
Altman Z-score 2.50 1.15 6.31

Shareholder Returns

7 metrics
MetricAMRXVTRSELTP
Dividend yield – 2.6% –
Net buyback yield 0.0% 1.4% -0.1%
Shareholder yield 0.0% 4.0% -0.1%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAMRXVTRSELTP
Forward P/E 22.1xFY2026 7.1xFY2026 –
EPS, next fiscal year $0.97FY2026 $2.62FY2026 –
EPS growth, next FY +16.9%FY2026 +11.5%FY2026 –
EPS growth, the year after +26.8% -1.5% –
Revenue, next fiscal year $3.24BFY2026 $15.31BFY2026 –
Revenue growth, next FY +7.4%FY2026 +7.0%FY2026 –
Revenue growth, the year after +12.4% -4.8% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAMRXVTRSELTP
Held by institutions 51.0% 89.9% 0.0%
Institutions holding 310 1,028 1
Change in shares held, QoQ +1.3% +5.6% –
Institutions buying 182 486 1
Institutions selling 86 318 0
Buyers to sellers 2.12 1.53 –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AMRXVTRSELTP
AMRX 1.00 0.43 -0.12
VTRS 0.43 1.00 -0.06
ELTP -0.12 -0.06 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AMRX, VTRS and ELTP?

Viatris (VTRS) is the largest by market capitalisation: Amneal Pharmaceuticals (AMRX) $6.79B, Viatris (VTRS) $21.84B, Elite Pharmaceuticals (ELTP) $258.64M.

Which stock is cheaper, AMRX, VTRS and ELTP?

Elite Pharmaceuticals (ELTP) trades on the lowest price-to-earnings ratio (Amneal Pharmaceuticals (AMRX) 43.1x, Viatris (VTRS) -53.2x, Elite Pharmaceuticals (ELTP) 4.6x). On next year's consensus earnings, Viatris (VTRS) is cheapest (Amneal Pharmaceuticals (AMRX) 22.1x, Viatris (VTRS) 7.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Elite Pharmaceuticals (ELTP) grew revenue fastest over the trailing twelve months: Amneal Pharmaceuticals (AMRX) +9.3%, Viatris (VTRS) +4.4%, Elite Pharmaceuticals (ELTP) +33.7%.

Which company is more profitable?

Elite Pharmaceuticals (ELTP) has the highest net margin (Amneal Pharmaceuticals (AMRX) 5.0%, Viatris (VTRS) -2.8%, Elite Pharmaceuticals (ELTP) 40.2%). On return on invested capital, Elite Pharmaceuticals (ELTP) leads (Amneal Pharmaceuticals (AMRX) 17.4%, Viatris (VTRS) -0.2%, Elite Pharmaceuticals (ELTP) 29.2%).

Which stock has performed better?

Over the past year Amneal Pharmaceuticals (AMRX) returned the most: Amneal Pharmaceuticals (AMRX) +109.2%, Viatris (VTRS) +79.7%, Elite Pharmaceuticals (ELTP) -61.3%. Over five years, Elite Pharmaceuticals (ELTP) compounded fastest (Amneal Pharmaceuticals (AMRX) +31.5%/yr, Viatris (VTRS) +7.0%/yr, Elite Pharmaceuticals (ELTP) +43.1%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Viatris (VTRS) has been the steadiest (Amneal Pharmaceuticals (AMRX) 35.0%, Viatris (VTRS) 32.4%, Elite Pharmaceuticals (ELTP) 57.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AMRX, VTRS and ELTP?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Elite Pharmaceuticals (ELTP) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.