GIPL vs ELAN vs MRK Stock Comparison

Global Innovative Platforms, Elanco Animal Health and Merck Prices as of Nov 3, 2026 Peers: Industry group
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MRK Merck & Co., Inc.
$150.37 +7.8% 1M +79.3% 1Y
Market cap
$363.00B
P/E
114.4x
Revenue (TTM)
$66.57B
Div. yield
0.02%
Pharmaceuticals Healthcare
5 wins

Head to Head

10 decided of 12

Merck leads on 5 of the 12 questions below (Merck 5, Elanco Animal Health 4, Global Innovative Platforms 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionGIPLELANMRKLeader
Larger companyMarket capitalisation $2.49M $11.84B $363.00B MRK
Cheaper on earningsLower P/E, profitable companies only -3.6x -59.5x 114.4x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 23.2x 60.6x ELAN
Faster revenue growthRevenue growth, trailing twelve months — +12.0% +4.6% ELAN
More profitableNet margin, trailing twelve months -361.7% -4.0% 4.8% MRK
Better return on capitalReturn on invested capital — 6.1% 3.6% ELAN
Less leveragedLower net debt / EBITDA 0.4x 2.5x 3.6x GIPL
Higher dividend yieldTrailing dividend yield — 0.00% 0.02% –
Better 1-year returnPrice return, last 12 months -93.8% +12.4% +79.3% MRK
Better 5-year returnAnnualised price return, 5 years -60.2%/yr -5.8%/yr +13.0%/yr MRK
Less volatileAnnualised volatility, 1 year 356.0% 42.5% 29.9% MRK
Higher overall scoreMean of the five percentile scores vs peers 41/100 66/100 61/100 ELAN

Percentile Scorecard

GIPLELANMRK

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

AxisGIPLELANMRK
Valuation 27 #461 of 634 93 #43 of 634 80 #130 of 634
Growth 26 #452 of 607 55 #271 of 607 37 #386 of 607
Profitability 40 #337 of 557 84 #90 of 557 91 #53 of 557
Financial Health 98 #12 of 654 33 #442 of 654 21 #520 of 654
Shareholder Returns 17 #334 of 400 – 79 #83 of 400
Overall 41 66 61
  • GIPL ranked among 671 companies in Pharmaceuticals and Biotechnology
  • ELAN ranked among 671 companies in Pharmaceuticals and Biotechnology
  • MRK ranked among 671 companies in Pharmaceuticals and Biotechnology

Price Performance

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

Returns

PeriodGIPLELANMRKSPY
1 month -90.0%+12.4%+7.8% -1.0%
3 months -88.9%-3.5%+17.2% -0.4%
6 months -90.4%-3.4%+32.4% +4.5%
Year to date -54.5%+11.8%+42.9% +12.4%
1 year -93.8%+12.4%+79.3% +13.6%
3 years -95.2%+163.3%+45.5% +76.4%
3 years, per year -63.8%+38.1%+13.3% +20.8%
5 years -99.0%-25.8%+84.3% +63.7%
5 years, per year -60.2%-5.8%+13.0% +10.4%
10 years -98.3%—+155.6% +267.7%
10 years, per year -33.6%—+9.8% +13.9%

Risk

MeasureGIPLELANMRKSPY
Volatility, 1Y 356.0%42.5%29.9% 12.8%
Downside volatility, 1Y 2,018.7%43.0%24.3% 12.7%
Beta vs S&P 500, 1Y 4.861.280.13 1.00
Return / volatility, 1Y -0.260.292.66 1.06
Max drawdown, 5Y -99.0%-76.3%-44.7% -25.4%
From 52-week high -94.9%-5.7%-3.9% -1.6%
52-week high $0.99$26.84$156.45 $779.14
52-week low $0.05$19.80$83.86 $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.

MultipleGIPLELANMRK
P/E now vs peer median -3.6xmedian 18.0x -63.5xmedian 18.0x 117.1xmedian 18.0x
P/S now vs peer median 13.3xmedian 9.1x 2.5xmedian 9.1x 5.6xmedian 9.1x
EV/EBITDA now vs peer median -3.6xmedian 16.2x 12.1xmedian 16.2x 31.9xmedian 16.2x
P/FCF now vs peer median -3.2xmedian 21.7x 33.3xmedian 21.7x 23.1xmedian 21.7x
P/B now vs peer median 4.7xmedian 2.2x 1.9xmedian 2.2x 8.8xmedian 2.2x
PEG now vs peer median -0.06median 0.38 3.22median 0.38 73.68median 0.38

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 monthsGIPLELANMRK
Revenue $187.20K $5.02B $66.57B
Gross profit – $2.78B $48.57B
Operating income -$677.04K $637.00M $6.38B
Net income -$677.04K -$199.00M $3.17B
Free cash flow -$766.04K $379.00M $16.06B
R&D $377.99K $371.00M $30.45B
EPS (diluted) $-0.02 $-0.39 $1.28
Cash & equivalents $244.24K $530.00M $6.85B
Total debt $5.62K $3.92B $53.91B
Shares (diluted) 44.54M 505.90M 2.47B
Enterprise value $1.88M $9.83B $317.38B

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
MetricGIPLELANMRK
P/E -3.6x -63.5x 117.1x
P/FCF -3.2x 33.3x 23.1x
P/Operating cash flow -3.5x 20.5x 18.6x
P/S 13.3x 2.5x 5.6x
P/B 4.7x 1.9x 8.8x
P/Tangible book 4.7x 3.7x 21.8x
EV/EBITDA -3.6x 12.1x 31.9x
EV/EBIT -3.3x 25.2x 65.5x
EV/Revenue 12.0x 3.2x 6.3x
EV/FCF -2.9x 42.3x 26.0x
EV/Operating cash flow -3.2x 26.0x 20.9x
PEG (3Y EPS CAGR) -0.06 3.22 73.68

Growth

14 metrics
MetricGIPLELANMRK
Revenue growth (1Y) – 12.0% 4.6%
Revenue CAGR (3Y) – 5.1% 4.5%
Gross profit growth (1Y) – 13.2% -0.3%
Gross profit CAGR (3Y) – 3.9% 4.5%
Operating income growth (1Y) -20.9% 22.0% -66.6%
Operating income CAGR (3Y) -51.6% 59.8% 1.9%
Net income growth (1Y) -20.9% -145.9% -80.7%
Net income CAGR (3Y) -51.6% -20.8% 0.5%
EPS growth (1Y) -9.8% -145.3% -80.3%
EPS CAGR (3Y) 63.5% -19.7% 1.6%
Operating cash flow growth (1Y) 15.8% 7.9% 7.7%
Operating cash flow CAGR (3Y) -96.8% 73.6% 9.8%
Free cash flow growth (1Y) 9.2% 5.0% 9.1%
Free cash flow CAGR (3Y) -101.8% 101.8% 14.0%

Profitability

14 metrics
MetricGIPLELANMRK
Gross margin – 55.4% 73.0%
EBITDA margin -333.4% 26.5% 19.7%
Operating margin -361.7% 12.7% 9.6%
Pretax margin -361.7% -3.3% 8.9%
Net margin -361.7% -4.0% 4.8%
FCF margin -409.2% 7.5% 24.1%
Operating cash flow margin -379.8% 12.3% 30.0%
Return on equity -120.8% -3.0% 7.2%
Return on assets -119.7% -1.5% 2.5%
Return on invested capital – 6.1% 3.6%
Return on capital employed -121.4% 5.5% 6.3%
Asset turnover 0.3x 0.4x 0.5x
Cash conversion (OCF / net income) 1.1x -3.1x 6.3x
Stock comp / revenue – 1.5% 1.3%

Financial Health

11 metrics
MetricGIPLELANMRK
Debt / assets 1.0% 28.9% 41.5%
Debt / equity 0.0x 0.6x 1.3x
Net debt / EBITDA 0.4x 2.5x 3.6x
Debt / FCF 0.0x 10.3x 3.4x
Liabilities / assets 1.4% 51.4% 67.7%
Equity / assets 98.6% 48.6% 32.3%
Interest coverage – 2.6x –
Current ratio 34.7x 2.1x 1.3x
Quick ratio 33.2x 0.9x 0.7x
Cash ratio 31.3x 0.3x 0.3x
Altman Z-score 183.95 1.57 3.97

Shareholder Returns

7 metrics
MetricGIPLELANMRK
Dividend yield – – 2.3%
Net buyback yield -32.1% – 1.1%
Shareholder yield -32.1% – 3.3%
Payout ratio (earnings) – – 261.8%
Payout ratio (FCF) – – 51.7%
Dividend growth (1Y) – – 3.3%
Dividend CAGR (3Y) – – 4.7%

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.

ConsensusGIPLELANMRK
Forward P/E – 23.2xFY2026 60.6xFY2026
EPS, next fiscal year – $1.09FY2026 $2.48FY2026
EPS growth, next FY – +16.0%FY2026 -72.4%FY2026
EPS growth, the year after – +23.9% +257.3%
Revenue, next fiscal year – $4.79BFY2026 $69.45BFY2026
Revenue growth, next FY – +1.6%FY2026 +6.8%FY2026
Revenue growth, the year after – +19.7% -3.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersGIPLELANMRK
Held by institutions – 100.0% 79.9%
Institutions holding – 526 3,803
Change in shares held, QoQ – +4.4% +2.6%
Institutions buying – 246 1,844
Institutions selling – 211 1,468
Buyers to sellers – 1.17 1.26

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.

GIPLELANMRK
GIPL 1.00 0.05 -0.09
ELAN 0.05 1.00 0.22
MRK -0.09 0.22 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, GIPL, ELAN and MRK?

Merck (MRK) is the largest by market capitalisation: Global Innovative Platforms (GIPL) $2.49M, Elanco Animal Health (ELAN) $11.84B, Merck (MRK) $363.00B.

Which company is growing faster?

Elanco Animal Health (ELAN) grew revenue fastest over the trailing twelve months: Elanco Animal Health (ELAN) +12.0%, Merck (MRK) +4.6%.

Which company is more profitable?

Merck (MRK) has the highest net margin (Global Innovative Platforms (GIPL) -361.7%, Elanco Animal Health (ELAN) -4.0%, Merck (MRK) 4.8%). On return on invested capital, Elanco Animal Health (ELAN) leads (Elanco Animal Health (ELAN) 6.1%, Merck (MRK) 3.6%).

Which stock has performed better?

Over the past year Merck (MRK) returned the most: Global Innovative Platforms (GIPL) -93.8%, Elanco Animal Health (ELAN) +12.4%, Merck (MRK) +79.3%. Over five years, Merck (MRK) compounded fastest (Global Innovative Platforms (GIPL) -60.2%/yr, Elanco Animal Health (ELAN) -5.8%/yr, Merck (MRK) +13.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Elanco Animal Health (ELAN) 0.00%, Merck (MRK) 0.02%. Global Innovative Platforms (GIPL) and Elanco Animal Health (ELAN) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Merck (MRK) has been the steadiest (Global Innovative Platforms (GIPL) 356.0%, Elanco Animal Health (ELAN) 42.5%, Merck (MRK) 29.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, GIPL, ELAN and MRK?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Merck (MRK) leads on 5. 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.