GIPL vs MRK vs ELAN Stock Comparison

Global Innovative Platforms, Merck and Elanco Animal Health Prices as of Oct 28, 2026 Peers: Industry group
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MRK Merck & Co., Inc.
$146.34 -2.0% 1M +69.0% 1Y
Market cap
$370.60B
P/E
151.1x
Revenue (TTM)
$67.38B
Div. yield
–
Pharmaceuticals Healthcare
4 wins

Head to Head

9 decided of 12

Merck leads on 4 of the 12 questions below (Merck 4, 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.

QuestionGIPLMRKELANLeader
Larger companyMarket capitalisation $24.88M $370.60B $11.51B MRK
Cheaper on earningsLower P/E, profitable companies only -36.0x 151.1x -57.9x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 59.0x 21.3x ELAN
Faster revenue growthRevenue growth, trailing twelve months — +4.9% +12.0% ELAN
More profitableNet margin, trailing twelve months -361.7% — -4.0% ELAN
Better return on capitalReturn on invested capital — — 6.1% –
Less leveragedLower net debt / EBITDA 0.4x — 2.5x GIPL
Higher dividend yieldTrailing dividend yield — 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -37.5% +69.0% +2.9% MRK
Better 5-year returnAnnualised price return, 5 years -36.9%/yr +10.7%/yr -6.7%/yr MRK
Less volatileAnnualised volatility, 1 year 270.9% 29.8% 42.3% MRK
Higher overall scoreMean of the five percentile scores vs peers 55/100 61/100 66/100 ELAN

Percentile Scorecard

GIPLMRKELAN

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

AxisGIPLMRKELAN
Valuation 62 #237 of 624 91 #60 of 624 94 #39 of 624
Growth 27 #438 of 601 21 #478 of 601 56 #265 of 601
Profitability 40 #327 of 541 – 84 #89 of 541
Financial Health 98 #12 of 647 – 32 #441 of 647
Shareholder Returns 50 #181 of 359 71 #104 of 359 –
Overall 55 61 66
  • GIPL ranked among 671 companies in Pharmaceuticals and Biotechnology
  • MRK ranked among 671 companies in Pharmaceuticals and Biotechnology
  • ELAN 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

PeriodGIPLMRKELANSPY
1 month 0.0%-2.0%+2.8% +0.7%
3 months 0.0%+12.8%-12.2% +3.7%
6 months -3.8%+34.0%+3.9% +7.1%
Year to date +354.5%+39.0%+2.7% +12.8%
1 year -37.5%+69.0%+2.9% +11.9%
3 years -52.4%+42.5%+163.8% +85.2%
3 years, per year -21.9%+12.5%+38.2% +22.8%
5 years -90.0%+66.2%-29.3% +67.6%
5 years, per year -36.9%+10.7%-6.7% +10.9%
10 years -79.2%+148.7%— +262.0%
10 years, per year -14.5%+9.5%— +13.7%

Risk

MeasureGIPLMRKELANSPY
Volatility, 1Y 270.9%29.8%42.3% 12.7%
Downside volatility, 1Y —24.6%42.8% 12.6%
Beta vs S&P 500, 1Y 2.260.111.29 1.00
Return / volatility, 1Y -0.142.320.07 0.94
Max drawdown, 5Y -98.0%-44.7%-76.3% -25.4%
From 52-week high -49.5%-6.5%-13.4% -1.2%
52-week high $0.99$156.45$26.84 $779.14
52-week low $0.11$82.49$19.80 $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.

MultipleGIPLMRKELAN
P/E now vs peer median -36.0xmedian 17.8x 147.4xmedian 17.8x -58.3xmedian 17.8x
P/S now vs peer median 132.9xmedian 9.1x 5.4xmedian 9.1x 2.3xmedian 9.1x
EV/EBITDA now vs peer median -39.5xmedian 15.0x —median 15.0x 11.3xmedian 15.0x
P/FCF now vs peer median -32.5xmedian 21.7x 22.9xmedian 21.7x 30.6xmedian 21.7x
P/B now vs peer median 46.8xmedian 2.2x —median 2.2x 1.8xmedian 2.2x
PEG now vs peer median -0.57median 0.35 -8.13median 0.35 2.96median 0.35

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 monthsGIPLMRKELAN
Revenue $187.20K $67.38B $5.02B
Gross profit – – $2.78B
Operating income -$677.04K – $637.00M
Net income -$677.04K – -$199.00M
Free cash flow -$766.04K – $379.00M
R&D $377.99K $30.76B $371.00M
EPS (diluted) $-0.02 $0.99 $-0.39
Cash & equivalents $244.24K – $530.00M
Total debt $8.62K – $3.92B
Shares (diluted) 44.54M 2.47B 505.90M
Enterprise value $24.27M $370.60B $9.50B

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
MetricGIPLMRKELAN
P/E -36.0x 147.4x -58.3x
P/FCF -32.5x 22.9x 30.6x
P/Operating cash flow -35.0x – 18.8x
P/S 132.9x 5.4x 2.3x
P/B 46.8x – 1.8x
P/Tangible book 47.1x – 3.4x
EV/EBITDA -39.5x – 11.3x
EV/EBIT -36.4x – 23.5x
EV/Revenue 131.6x 5.4x 3.0x
EV/FCF -32.2x – 39.6x
EV/Operating cash flow -34.7x – 24.3x
PEG (3Y EPS CAGR) -0.57 -8.13 2.96

Growth

14 metrics
MetricGIPLMRKELAN
Revenue growth (1Y) – 4.9% 12.0%
Revenue CAGR (3Y) – 4.3% 5.1%
Gross profit growth (1Y) – – 13.2%
Gross profit CAGR (3Y) – – 3.9%
Operating income growth (1Y) -20.9% – 22.0%
Operating income CAGR (3Y) -51.6% – 59.8%
Net income growth (1Y) -20.9% – -145.9%
Net income CAGR (3Y) -51.6% – -20.8%
EPS growth (1Y) -9.8% -87.0% -145.3%
EPS CAGR (3Y) 63.5% -18.1% -19.7%
Operating cash flow growth (1Y) 15.8% – 7.9%
Operating cash flow CAGR (3Y) -96.8% – 73.6%
Free cash flow growth (1Y) 9.2% – 5.0%
Free cash flow CAGR (3Y) -101.8% – 101.8%

Profitability

14 metrics
MetricGIPLMRKELAN
Gross margin – – 55.4%
EBITDA margin -333.4% – 26.5%
Operating margin -361.7% – 12.7%
Pretax margin -361.7% – -3.3%
Net margin -361.7% – -4.0%
FCF margin -409.2% – 7.5%
Operating cash flow margin -379.8% – 12.3%
Return on equity -120.8% – -3.0%
Return on assets -119.7% – -1.5%
Return on invested capital – – 6.1%
Return on capital employed -121.4% – 5.5%
Asset turnover 0.3x – 0.4x
Cash conversion (OCF / net income) 1.1x – -3.1x
Stock comp / revenue – – 1.5%

Financial Health

11 metrics
MetricGIPLMRKELAN
Debt / assets 1.0% – 28.9%
Debt / equity 0.0x – 0.6x
Net debt / EBITDA 0.4x – 2.5x
Debt / FCF 0.0x – 10.3x
Liabilities / assets 1.4% – 51.4%
Equity / assets 98.6% – 48.6%
Interest coverage – – 2.6x
Current ratio 34.7x – 2.1x
Quick ratio 33.2x – 0.9x
Cash ratio 31.3x – 0.3x
Altman Z-score 1,908 – 1.48

Shareholder Returns

7 metrics
MetricGIPLMRKELAN
Dividend yield – 2.3% –
Net buyback yield -3.2% – –
Shareholder yield -3.2% 2.3% –
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.

ConsensusGIPLMRKELAN
Forward P/E – 59.0xFY2026 21.3xFY2026
EPS, next fiscal year – $2.48FY2026 $1.09FY2026
EPS growth, next FY – -72.4%FY2026 +16.0%FY2026
EPS growth, the year after – +257.3% +23.9%
Revenue, next fiscal year – $69.45BFY2026 $4.79BFY2026
Revenue growth, next FY – +6.8%FY2026 +1.6%FY2026
Revenue growth, the year after – -3.8% +19.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersGIPLMRKELAN
Held by institutions – 79.9% 100.0%
Institutions holding – 3,798 524
Change in shares held, QoQ – +2.6% +4.4%
Institutions buying – 1,843 246
Institutions selling – 1,465 210
Buyers to sellers – 1.26 1.17

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.

GIPLMRKELAN
GIPL 1.00 -0.05 0.05
MRK -0.05 1.00 0.21
ELAN 0.05 0.21 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, GIPL, MRK and ELAN?

Merck (MRK) is the largest by market capitalisation: Global Innovative Platforms (GIPL) $24.88M, Merck (MRK) $370.60B, Elanco Animal Health (ELAN) $11.51B.

Which company is growing faster?

Elanco Animal Health (ELAN) grew revenue fastest over the trailing twelve months: Merck (MRK) +4.9%, Elanco Animal Health (ELAN) +12.0%.

Which company is more profitable?

Elanco Animal Health (ELAN) has the highest net margin (Global Innovative Platforms (GIPL) -361.7%, Elanco Animal Health (ELAN) -4.0%).

Which stock has performed better?

Over the past year Merck (MRK) returned the most: Global Innovative Platforms (GIPL) -37.5%, Merck (MRK) +69.0%, Elanco Animal Health (ELAN) +2.9%. Over five years, Merck (MRK) compounded fastest (Global Innovative Platforms (GIPL) -36.9%/yr, Merck (MRK) +10.7%/yr, Elanco Animal Health (ELAN) -6.7%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Merck (MRK) has been the steadiest (Global Innovative Platforms (GIPL) 270.9%, Merck (MRK) 29.8%, Elanco Animal Health (ELAN) 42.3%). Volatility measures how widely the price swings, not the risk of the business.

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

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 4. 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.