Elevance Health vs Zoetis (ELV vs ZTS)

Elevance Health (ELV) vs Zoetis (ZTS) in plain English: P/E, growth, margins, debt and dividend side by side, key differences and which fits each investor profile.

Elevance Health (ELV) and Zoetis (ZTS) compete in healthcare and pharma. Here are Elevance Health and Zoetis side by side with their real figures as of November 4, 2026: what sets them apart, which fits each kind of investor and the most common questions, without telling you whether to buy Elevance Health or Zoetis.

Elevance Health vs Zoetis: the figures

Elevance Health and Zoetis figures from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026; N/A means that Elevance Health or Zoetis figure is not available, and we never estimate it.

3 key differences between Elevance Health and Zoetis

1. Profitability: for every 100 of sales, Zoetis keeps 27.7 as net profit and Elevance Health keeps 2.5.
2. Debt: Zoetis owes 1.9x its annual operating profit (EBITDA), while Elevance Health holds more cash than debt.
3. Valuation: Elevance Health trades at 18.4x its annual earnings and Zoetis at 14.7x; the market pays more for each dollar of Elevance Health profit, usually because it expects more growth.

Elevance Health or Zoetis: which fits your profile

• If you want growth: Elevance Health is growing faster today, so it fits better with investors who put business growth first, usually accepting a higher P/E and a bumpier ride.
• If you want income (dividends): Zoetis pays the higher dividend relative to its price.
• If you prefer caution: Elevance Health has less debt relative to its profit, which usually gives more room in a bad year.
• If price is what matters most to you: Zoetis trades on the lower P/E; check first whether that is an opportunity or a sign of a business that grows less.

Neither Elevance Health nor Zoetis wins on everything, and owning both is also an option: spreading money across several companies or an index fund reduces what rides on each one.

How Elevance Health and Zoetis make money

Elevance Health (ELV)

Elevance Health, formerly Anthem, sells health insurance under names like Anthem Blue Cross and Wellpoint to employers, individuals and government programs such as Medicaid and Medicare. Its segments are Health Benefits, the largest, CarelonRx, which manages pharmacy benefits, and Carelon Services, which provides care delivery and health services. Full Elevance Health analysis.

Zoetis (ZTS)

Zoetis makes medicines, vaccines and diagnostics for animals. Companion animal products such as Simparica, Apoquel and Librela for dogs and cats bring in most of its sales, while livestock products treat cattle, pigs, poultry and fish. The company reports two segments: United States and International. Full Zoetis analysis.

Frequently asked questions: Elevance Health vs Zoetis

Is Elevance Health or Zoetis the better stock?

Choosing between Elevance Health and Zoetis depends on what you are looking for. Elevance Health is growing faster right now, and Zoetis trades on the lower P/E. Fintols does not tell you whether to buy Elevance Health or Zoetis: it shows you the differences so you can decide.

Which pays a higher dividend, Elevance Health or Zoetis?

As of November 4, 2026, Zoetis yields 2.55% and Elevance Health yields 1.66%. Also check how much of their profit Elevance Health and Zoetis pay out: if it is more than they earn, it cannot last.

Which is more expensive, Elevance Health or Zoetis?

On P/E, Elevance Health (18.4x) is more expensive than Zoetis (14.7x) as of November 4, 2026. A higher P/E can be justified if earnings grow faster, so compare it with each company's growth in the table.

Can I own both Elevance Health and Zoetis?

Yes. Many people spread their money across several companies, such as Elevance Health and Zoetis, or use index funds so they do not depend on just one. If you are starting out, decide how much you want to invest and for how long before buying Elevance Health or Zoetis.

More comparisons with Elevance Health or Zoetis

• Cigna vs Elevance Health
• Elevance Health vs Regeneron
• Cigna vs Zoetis
• Regeneron vs Zoetis

More companies like Elevance Health and Zoetis: healthcare and pharma stocks. Educational content about Elevance Health and Zoetis, not investment advice.