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ELI LILLY vs Vertex Pharmaceuticals Inc / Ma (LLY vs VRTX)

Side by side from their SEC filings: revenue, margins, growth, returns and valuation, plus short interest, insider activity and institutional ownership.

ELI LILLY is the larger company by revenue ($65.2B vs $12.0B) and market value ($1.1T vs $121.9B). ELI LILLY has grown revenue faster over the last 4 fiscal years (+130.2% cumulative vs +58.4%). Vertex Pharmaceuticals Inc / Ma trades at the lower trailing P/E (28.8x vs 42.0x).

About ELI LILLY

Eli Lilly and Company discovers, develops, manufactures, and markets human pharmaceutical products worldwide. Its main products include treatments for diabetes, oncology, immunology, and neuroscience conditions. The company serves healthcare providers, wholesalers, pharmacies, hospitals, and patients in approximately 90 countries.

About Vertex Pharmaceuticals Inc / Ma

Vertex Pharmaceuticals is a global biotechnology company that develops and commercializes medicines for serious diseases, focusing on specialty markets. Its approved products treat cystic fibrosis, sickle cell disease, transfusion-dependent beta thalassemia, and acute pain. The company serves patients worldwide and advances clinical programs for additional diseases including kidney disorders, neuropathic pain, and type 1 diabetes.

Head to head (LLY FY2025 vs VRTX FY2025)

MetricLLYFY2025VRTXFY2025
Revenue$65.18B$12.00B
Revenue growth (YoY)44.7%8.9%
Gross margin83.0%86.2%
Operating margin34.8%
Net margin31.7%32.9%
Net income$20.64B$3.95B
Diluted EPS$22.95$15.32
FCF margin26.6%
ROE77.8%21.2%
Debt / equity1.5×
Market cap$1.05T$121.89B
P/E (TTM)42.0×28.8×

Fundamentals are from each company’s SEC filings (LLY FY2025, VRTX FY2025). P/E and market cap are derived from recent market prices and update daily.

Five-year trend (as reported)

RevenueFY2021FY2022FY2023FY2024FY2025
LLY$28.32B$28.54B$34.12B$45.04B$65.18B
VRTX$7.57B$8.93B$9.87B$11.02B$12.00B
Net incomeFY2021FY2022FY2023FY2024FY2025
LLY$5.58B$6.24B$5.24B$10.59B$20.64B
VRTX$2.34B$3.32B$3.62B$-535.6M$3.95B
Operating marginFY2021FY2022FY2023FY2024FY2025
LLY
VRTX36.7%48.2%38.8%-2.1%34.8%

Peer standing

Where each company ranks among the 198 pharmaceutical companies, on the same scale. Each figure is ranked only against peers that report it. Percentiles describe position in the distribution, not a rating.

MetricLLYVRTX
Gross margin
83.0%82nd percentile of 68
86.2%90th percentile of 68
Net margin
31.7%86th percentile of 121
32.9%88th percentile of 121
Revenue growth (YoY)
+44.7%72nd percentile of 186
+8.9%49th percentile of 186
ROE
77.8%99th percentile of 167
21.2%86th percentile of 167
P/E (TTM)
42.0×80th percentile of 61
28.8×72nd percentile of 61
Short interest (days to cover)
2.58d24th percentile of 197
2.01d17th percentile of 197

Short interest

FINRA settlement dataLLYVRTX
Shares sold short9.4M4.9M
Change vs prior settlement-3.2%+7.0%
Days to cover2.582.01
As of settlement2026-06-302026-06-30

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data; republishing or redistributing it is not permitted. Not presented as a percentage of float. No FINRA endorsement of this product is implied.

Insider activity (last 90 days)

Form 4 open-market activityLLYVRTX
Buys00
Sells3 ($18.6M)14 ($11.0M)

Open-market purchases and sales reported on SEC Form 4 (grants, exercises and tax withholding excluded). For context, about 16% of covered companies saw any open-market insider buy in a 90-day window.

Held by the same investors

8 tracked 13F managers hold both ELI LILLY and Vertex Pharmaceuticals Inc / Ma as of their latest quarterly filings: AQR Capital Management, Bridgewater Associates, Citadel Advisors, D. E. Shaw, Gotham Asset Management, Millennium Management, Renaissance Technologies, Two Sigma Investments. See which superinvestors hold your own portfolio with the smart money checker.

Go deeper

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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filings before relying on them. Comparisons are descriptive (higher or lower on a reported figure), not a rating or a recommendation. Informational only. Not investment advice.