TEVA vs TMO vs VTRS Stock Comparison

Teva Pharmaceutical Industries, Thermo Fisher Scientific and Viatris Prices as of Oct 26, 2026 Peers: Industry group
VTRS Viatris Inc
$18.29 +2.6% 1M +76.7% 1Y
Market cap
$21.81B
P/E
–
Revenue (TTM)
$14.74B
Div. yield
–
Generic Drugs Healthcare
3 wins

Head to Head

11 decided of 12

Thermo Fisher Scientific leads on 4 of the 12 questions below (Thermo Fisher Scientific 4, Teva Pharmaceutical Industries 4, Viatris 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionTEVATMOVTRSLeader
Larger companyMarket capitalisation $47.06B $257.69B $21.81B TMO
Cheaper on earningsLower P/E, profitable companies only 66.7x 36.4x -53.1x TMO
Cheaper on forward earningsLower price / next fiscal year consensus EPS 20.8x 26.4x 7.0x VTRS
Faster revenue growthRevenue growth, trailing twelve months +4.1% +8.3% +4.4% TMO
More profitableNet margin, trailing twelve months 4.1% — -2.8% TEVA
Better return on capitalReturn on invested capital 6.4% — -0.2% TEVA
Less leveragedLower net debt / EBITDA 5.0x — 4.6x VTRS
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +110.9% +19.6% +76.7% TEVA
Better 5-year returnAnnualised price return, 5 years +35.0%/yr +2.3%/yr +6.9%/yr TEVA
Less volatileAnnualised volatility, 1 year 38.0% 29.9% 32.4% TMO
Higher overall scoreMean of the five percentile scores vs peers 66/100 51/100 66/100 VTRS

Percentile Scorecard

TEVATMOVTRS

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

AxisTEVATMOVTRS
Valuation 84 #103 of 626 49 #116 of 228 93 #42 of 626
Growth 83 #102 of 604 40 #133 of 221 47 #318 of 604
Profitability 86 #81 of 555 70 #63 of 208 81 #106 of 555
Financial Health 11 #586 of 658 – 23 #510 of 658
Shareholder Returns – 44 #77 of 137 87 #49 of 368
Overall 66 51 66
  • TEVA ranked among 673 companies in Pharmaceuticals and Biotechnology
  • TMO ranked among 248 companies in Medical Devices and Diagnostics
  • VTRS ranked among 673 companies in Pharmaceuticals and Biotechnology

Price Performance

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

Returns

PeriodTEVATMOVTRSSPY
1 month +2.0%+1.7%+2.6% -0.8%
3 months +28.6%+22.4%+3.7% +3.5%
6 months +27.8%+46.3%+23.5% +7.0%
Year to date +28.0%+18.2%+46.9% +12.2%
1 year +110.9%+19.6%+76.7% +13.0%
3 years +392.1%+58.7%+108.6% +86.3%
3 years, per year +70.2%+16.7%+27.8% +23.1%
5 years +347.5%+11.8%+39.6% +68.6%
5 years, per year +35.0%+2.3%+6.9% +11.0%
10 years -7.8%+362.6%-52.0% +258.0%
10 years, per year -0.8%+16.6%-7.1% +13.6%

Risk

MeasureTEVATMOVTRSSPY
Volatility, 1Y 38.0%29.9%32.4% 12.7%
Downside volatility, 1Y 27.3%28.3%29.6% 12.7%
Beta vs S&P 500, 1Y 0.740.620.70 1.00
Return / volatility, 1Y 2.920.662.37 1.02
Max drawdown, 5Y -43.7%-41.5%-52.9% -25.4%
From 52-week high -3.7%-1.7%-2.0% -1.8%
52-week high $41.49$696.55$18.66 $779.14
52-week low $19.61$438.34$10.11 $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.

MultipleTEVATMOVTRS
P/E now vs peer median 65.9xmedian 17.1x 35.9xmedian 30.6x -51.8xmedian 17.1x
P/S now vs peer median 2.7xmedian 8.8x 5.3xmedian 3.0x 1.4xmedian 8.8x
EV/EBITDA now vs peer median 23.0xmedian 17.1x —median 17.5x 12.3xmedian 17.1x
P/FCF now vs peer median 34.5xmedian 18.0x 34.0xmedian 23.3x 10.7xmedian 18.0x
P/B now vs peer median 6.0xmedian 2.1x 4.6xmedian 2.4x 1.5xmedian 2.1x
PEG now vs peer median 2.07median 0.31 4.74median 0.87 1.69median 0.31

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 monthsTEVATMOVTRS
Revenue $17.32B $47.35B $14.74B
Gross profit $9.09B – $5.13B
Operating income $1.60B $8.47B -$87.30M
Net income $708.00M $7.09B -$410.70M
Free cash flow $1.35B – $1.95B
R&D $1.72B $1.40B $1.02B
EPS (diluted) $0.61 $19.06 $-0.35
Cash & equivalents $3.66B $5.46B $886.50M
Total debt $16.59B – $13.35B
Shares (diluted) 1.17B 371.00M 1.16B
Enterprise value $33.91B $257.69B $16.82B

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
MetricTEVATMOVTRS
P/E 65.9x 35.9x -51.8x
P/FCF 34.5x 34.0x 10.7x
P/Operating cash flow 24.5x 27.2x 9.0x
P/S 2.7x 5.3x 1.4x
P/B 6.0x 4.6x 1.5x
P/Tangible book 10.8x 6.9x 36.0x
EV/EBITDA 23.0x – 12.3x
EV/EBIT 37.1x – -383.4x
EV/Revenue 3.4x 5.3x 2.3x
EV/FCF 44.1x – 17.1x
EV/Operating cash flow 31.3x 27.2x 14.4x
PEG (3Y EPS CAGR) 2.07 4.74 1.69

Growth

14 metrics
MetricTEVATMOVTRS
Revenue growth (1Y) 4.1% 8.3% 4.4%
Revenue CAGR (3Y) 4.9% 2.9% -1.9%
Gross profit growth (1Y) 10.1% – -0.7%
Gross profit CAGR (3Y) 10.0% – -6.0%
Operating income growth (1Y) 79.3% 12.8% 96.6%
Operating income CAGR (3Y) 49.7% 7.2% -27.6%
Net income growth (1Y) 438.8% 7.9% 88.2%
Net income CAGR (3Y) 31.8% 6.2% -30.5%
EPS growth (1Y) 545.3% 9.7% 88.1%
EPS CAGR (3Y) 31.8% 7.6% -30.6%
Operating cash flow growth (1Y) 36.5% 21.9% 12.9%
Operating cash flow CAGR (3Y) 3.8% 4.5% -3.0%
Free cash flow growth (1Y) 51.5% – 11.6%
Free cash flow CAGR (3Y) 4.7% – -3.6%

Profitability

14 metrics
MetricTEVATMOVTRS
Gross margin 52.5% – 34.8%
EBITDA margin 15.0% – 18.4%
Operating margin 9.3% – -0.6%
Pretax margin 4.1% – -4.5%
Net margin 4.1% – -2.8%
FCF margin 7.8% – 13.3%
Operating cash flow margin 11.0% 19.7% 15.8%
Return on equity 8.9% 13.2% -2.8%
Return on assets 1.8% 6.2% -1.1%
Return on invested capital 6.4% – -0.2%
Return on capital employed 6.6% – -0.3%
Asset turnover 0.4x 0.4x 0.4x
Cash conversion (OCF / net income) 2.7x 1.3x -5.7x
Stock comp / revenue 1.0% – 1.2%

Financial Health

11 metrics
MetricTEVATMOVTRS
Debt / assets 41.6% – 38.1%
Debt / equity 2.1x – 0.9x
Net debt / EBITDA 5.0x – 4.6x
Debt / FCF 12.3x – 6.8x
Liabilities / assets 80.5% – 59.3%
Equity / assets 19.5% 47.9% 40.7%
Interest coverage – – -0.2x
Current ratio 0.9x 1.8x 1.6x
Quick ratio 0.5x – 0.7x
Cash ratio 0.2x – 0.1x
Altman Z-score 0.89 – 1.13

Shareholder Returns

7 metrics
MetricTEVATMOVTRS
Dividend yield – 0.3% 2.6%
Net buyback yield – – 1.4%
Shareholder yield 0.0% 0.3% 4.1%
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.

ConsensusTEVATMOVTRS
Forward P/E 20.8xFY2026 26.4xFY2026 7.0xFY2026
EPS, next fiscal year $1.92FY2026 $25.91FY2026 $2.62FY2026
EPS growth, next FY -32.6%FY2026 +13.3%FY2026 +11.5%FY2026
EPS growth, the year after +66.1% +2.0% -1.5%
Revenue, next fiscal year $15.65BFY2026 $50.12BFY2026 $15.31BFY2026
Revenue growth, next FY -6.7%FY2026 +12.5%FY2026 +7.0%FY2026
Revenue growth, the year after +17.0% -2.8% -4.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersTEVATMOVTRS
Held by institutions 62.7% 90.2% 89.9%
Institutions holding 670 2,621 1,028
Change in shares held, QoQ +8.6% +0.8% +5.6%
Institutions buying 359 1,141 486
Institutions selling 190 1,144 318
Buyers to sellers 1.89 1.00 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.

TEVATMOVTRS
TEVA 1.00 0.24 0.34
TMO 0.24 1.00 0.21
VTRS 0.34 0.21 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, TEVA, TMO and VTRS?

Thermo Fisher Scientific (TMO) is the largest by market capitalisation: Teva Pharmaceutical Industries (TEVA) $47.06B, Thermo Fisher Scientific (TMO) $257.69B, Viatris (VTRS) $21.81B.

Which stock is cheaper, TEVA, TMO and VTRS?

Thermo Fisher Scientific (TMO) trades on the lowest price-to-earnings ratio (Teva Pharmaceutical Industries (TEVA) 66.7x, Thermo Fisher Scientific (TMO) 36.4x, Viatris (VTRS) -53.1x). On next year's consensus earnings, Viatris (VTRS) is cheapest (Teva Pharmaceutical Industries (TEVA) 20.8x, Thermo Fisher Scientific (TMO) 26.4x, Viatris (VTRS) 7.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Thermo Fisher Scientific (TMO) grew revenue fastest over the trailing twelve months: Teva Pharmaceutical Industries (TEVA) +4.1%, Thermo Fisher Scientific (TMO) +8.3%, Viatris (VTRS) +4.4%.

Which company is more profitable?

Teva Pharmaceutical Industries (TEVA) has the highest net margin (Teva Pharmaceutical Industries (TEVA) 4.1%, Viatris (VTRS) -2.8%). On return on invested capital, Teva Pharmaceutical Industries (TEVA) leads (Teva Pharmaceutical Industries (TEVA) 6.4%, Viatris (VTRS) -0.2%).

Which stock has performed better?

Over the past year Teva Pharmaceutical Industries (TEVA) returned the most: Teva Pharmaceutical Industries (TEVA) +110.9%, Thermo Fisher Scientific (TMO) +19.6%, Viatris (VTRS) +76.7%. Over five years, Teva Pharmaceutical Industries (TEVA) compounded fastest (Teva Pharmaceutical Industries (TEVA) +35.0%/yr, Thermo Fisher Scientific (TMO) +2.3%/yr, Viatris (VTRS) +6.9%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Thermo Fisher Scientific (TMO) has been the steadiest (Teva Pharmaceutical Industries (TEVA) 38.0%, Thermo Fisher Scientific (TMO) 29.9%, Viatris (VTRS) 32.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, TEVA, TMO and VTRS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Thermo Fisher Scientific (TMO) 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.