TEVA vs. AZN
TEVA (Teva Pharmaceutical Industries Limited) and AZN (AstraZeneca PLC) are both stocks. Both are in the Healthcare sector — TEVA in Drug Manufacturers - Specialty & Generic, AZN in Drug Manufacturers - General. Over the past 10 years, TEVA returned -3.83%/yr vs 15.97%/yr for AZN. At a 0.22 correlation, their price movements are largely independent.
Performance
TEVA vs. AZN - Performance Comparison
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Returns By Period
In the year-to-date period, TEVA achieves a 10.96% return, which is significantly higher than AZN's -0.75% return. Over the past 10 years, TEVA has underperformed AZN with an annualized return of -3.83%, while AZN has yielded a comparatively higher 15.97% annualized return.
TEVA
- 1D
- 0.20%
- 1M
- -4.47%
- YTD
- 10.96%
- 6M
- 16.25%
- 1Y
- 95.54%
- 3Y*
- 66.30%
- 5Y*
- 25.53%
- 10Y*
- -3.83%
AZN
- 1D
- -1.94%
- 1M
- -4.78%
- YTD
- -0.75%
- 6M
- 1.57%
- 1Y
- 22.51%
- 3Y*
- 8.94%
- 5Y*
- 11.28%
- 10Y*
- 15.97%
TEVA vs. AZN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TEVA Teva Pharmaceutical Industries Limited | 10.96% | 41.61% | 111.11% | 14.47% | 13.86% | -16.99% | -1.53% | -36.45% | -18.63% | -46.18% |
AZN AstraZeneca PLC | -0.75% | 43.30% | -0.62% | 1.44% | 19.14% | 19.66% | 3.12% | 35.68% | 13.86% | 33.10% |
Correlation
The correlation between TEVA and AZN is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since May 17, 1993 | 0.22 |
Fundamentals
TEVA:
$40.83B
AZN:
$279.03B
TEVA:
$1.34
AZN:
$6.66
TEVA:
25.89
AZN:
26.85
TEVA:
0.20
AZN:
0.04
TEVA:
2.33
AZN:
4.62
TEVA:
4.96
AZN:
5.90
TEVA:
$17.35B
AZN:
$60.44B
TEVA:
$9.03B
AZN:
$49.37B
TEVA:
$3.05B
AZN:
$20.47B
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Return for Risk
TEVA vs. AZN — Risk / Return Rank
TEVA
AZN
TEVA vs. AZN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Teva Pharmaceutical Industries Limited (TEVA) and AstraZeneca PLC (AZN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TEVA | AZN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.58 | ||
| Sortino ratioReturn per unit of downside risk | +2.13 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.17 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 4.41 | 1.47 | +2.94 |
| Martin ratioReturn relative to average drawdown | 12.66 | 3.82 | +8.83 |
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Drawdowns
TEVA vs. AZN - Drawdown Comparison
The maximum TEVA drawdown since its inception was -90.89%, which is greater than AZN's maximum drawdown of -48.94%. Use the drawdown chart below to compare losses from any high point for TEVA and AZN.
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Drawdown Indicators
| TEVA | AZN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.89% | -48.94% | -41.95% |
Max Drawdown (1Y)Largest decline over 1 year | -21.79% | -15.43% | -6.36% |
Max Drawdown (3Y)Largest decline over 3 years | -43.70% | -27.87% | -15.83% |
Max Drawdown (5Y)Largest decline over 5 years | -43.70% | -27.87% | -15.83% |
Max Drawdown (10Y)Largest decline over 10 years | -88.41% | -27.87% | -60.54% |
Current DrawdownCurrent decline from peak | -48.81% | -14.25% | -34.56% |
Average DrawdownAverage peak-to-trough decline | -32.00% | -11.37% | -20.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.72% | 5.99% | +1.73% |
Volatility
TEVA vs. AZN - Volatility Comparison
Teva Pharmaceutical Industries Limited (TEVA) has a higher volatility of 10.61% compared to AstraZeneca PLC (AZN) at 7.95%. This indicates that TEVA's price experiences larger fluctuations and is considered to be riskier than AZN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TEVA | AZN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.61% | 7.95% | +2.66% |
Volatility (6M)Calculated over the trailing 6-month period | 23.72% | 17.74% | +5.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.04% | 25.76% | +13.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.82% | 24.03% | +18.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.35% | 24.93% | +22.42% |
Dividends
TEVA vs. AZN - Dividend Comparison
TEVA has not paid dividends to shareholders, while AZN's dividend yield for the trailing twelve months is around 2.98%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AZN AstraZeneca PLC | 2.98% | 1.70% | 2.27% | 2.15% | 2.12% | 2.35% | 2.80% | 2.81% | 3.69% | 3.95% | 5.01% | 4.06% |
TEVA Teva Pharmaceutical Industries Limited | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.88% | 3.19% | 1.77% |
Financials
TEVA vs. AZN - Financials Comparison
This section allows you to compare key financial metrics between Teva Pharmaceutical Industries Limited and AstraZeneca PLC. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
TEVA vs. AZN - Profitability Comparison
TEVA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Teva Pharmaceutical Industries Limited reported a gross profit of 1.97B and revenue of 3.98B. Therefore, the gross margin over that period was 49.5%.
AZN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AstraZeneca PLC reported a gross profit of 12.61B and revenue of 15.29B. Therefore, the gross margin over that period was 82.5%.
TEVA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Teva Pharmaceutical Industries Limited reported an operating income of 652.00M and revenue of 3.98B, resulting in an operating margin of 16.4%.
AZN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AstraZeneca PLC reported an operating income of 4.25B and revenue of 15.29B, resulting in an operating margin of 27.8%.
TEVA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Teva Pharmaceutical Industries Limited reported a net income of 369.00M and revenue of 3.98B, resulting in a net margin of 9.3%.
AZN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AstraZeneca PLC reported a net income of 3.08B and revenue of 15.29B, resulting in a net margin of 20.2%.
Frequently Asked Questions
TEVA and AZN have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TEVA has higher volatility (10.61%) compared to AZN (7.95%). In terms of maximum drawdown, TEVA dropped -90.89% vs AZN's -48.94%.
TEVA currently has the higher Sharpe Ratio (2.46 vs 0.88), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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