Evolus Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Evolus Inc (EOLS) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Evolus Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 317M vs 532,643M combined for its competitors (0.1% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+6.1% annualized vs trailing 12 months), vs accelerating (+2.2%) for its tracked peer group.
- Growth: Evolus Inc generated 21.3% revenue growth year over year in Q2 2026, vs 12.6% for its competitors combined.
- Profitability: Its -9.6% net margin compares with 14.4% for the peer group.
- Scale: Evolus Inc ranks #186 of 548 companies by market capitalization in the Major Pharmaceutical Preparations industry, holding 0.0% of industry market cap.
- Peer revenue share: Evolus Inc accounted for 0.1% of combined revenue among its tracked peer group, up from 0.1% a year earlier.
- Peer differentiation: Revenue per employee of $0.95M compares with $0.84M for the peer group (1.1x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
EOLS Sales vs. its Competitors, Q2 2026
Evolus Inc reported revenue growth of 21.30 % year on year in Q2 2026, above its competitors' combined revenue growth of 12.63 %.
With a net margin of -9.58 %, Evolus Inc reported lower profitability than its competitors (14.38 %).
Evolus Inc generated 0.06 % of the combined sales of its peer group, up from 0.06 % a year earlier.
Evolus Inc vs. its Competitors, Q2 2026
Revenue growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in Evolus Inc reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Evolus Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Evolus Inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (5) | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (9) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (7) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Evolus Inc's competitor groups requires a Commercial License.
For context: the Major Pharmaceutical Preparations industry grew revenue 8.9% year over year, combined, vs 21.3% for Evolus Inc. Evolus Inc's share of combined industry revenue moved from 0.01% to 0.02%, a gain of 0.00 percentage points.
Evolus Inc's Competitor Quality Breadth
Group definitions: see Methodology: Performance Group Definitions.
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Evolus Inc | No | Yes | Yes | No |
| Competitors combined (49) | ||||
| High-Confidence Competitors (8) | ||||
| Similar-Size Competitors (10) | ||||
| Similar Growth & Profitability (8) | 25.00 % (2 of 8) | 100.00 % (8 of 8) | 87.50 % (7 of 8) | 50.00 % (4 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
EOLS Stock Performance relative to its Competitors
EOLS Stock Performance relative to High-Confidence Competitors
EOLS Stock Performance relative to Similar-Size Competitors
EOLS Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Gt Biopharma Inc | 282.9% | Outperformed |
| 2 | Organon and Co | 282.9% | Outperformed |
| 3 | Viatris Inc | 282.9% | Outperformed |
| 4 | Merck and Co Inc | 282.9% | Outperformed |
| 5 | Eli Lilly And Company | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Evolus Inc's best-performing competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Evolus Inc's Comment on Competition and Industry Peers
Publicly Traded Peers of Evolus Inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
 Evolus Inc |
492.49 | 317.11 |
 Eli Lilly And Company |
1,266,591.05 | 86,462.00 |
 Johnson and Johnson |
676,597.15 | 99,335.00 |
 Abbvie Inc |
522,438.76 | 66,014.00 |
 Merck and Co Inc |
371,339.80 | 66,569.00 |
 Abbott Laboratories |
201,331.74 | 46,585.00 |
| SUBTOTAL | 3,534,539.64 | 573,037.86 |
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Sources: see Methodology: Peer & Competitor Identification, Sourcing.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Evolus Inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Evolus Inc's Competitors Named by the Company
Competitive relationships identified from Evolus Inc reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Merz Pharma GmbH & CO | Company report | 85% |
| Abbvie | Company report | 85% |
| Galderma S.A. | Company report | 85% |
| Revance | Company report | 85% |
| Obagi | Company report | 85% |
| Hugel, Inc. | Company report | 85% |
| Sbc Medical Group Holdings Incorporated | Company report | 85% |
| Aeon Biopharma inc | Company report | 85% |
| Medytox | Company report | 85% |
| Prollenium Medical Technologies | Company report | 85% |
| Teoxane S.A. | Company report | 85% |
| Bausch Health Companies | Company report | 85% |
| Johnson & Johnson | Company report | 85% |
| Skinceuticals | Company report | 85% |
| Mentor Worldwide LLC | Company report | 85% |
| L’Oreal SA | Company report | 85% |
| Sun Pharma | Company report | 85% |
| Merz | Company report | 85% |
| Sanofi | Company report | 85% |
| Galderma | Company report | 85% |
| dytox, Inc. | Company report | 85% |
| Valeant Pharmaceuticals International, Inc. | Company report | 85% |
| Allergan | Company report | 85% |
| Dermata Therapeutics Inc | Company report | 85% |
| Aesthetic Medical International Holdings Group Limited | Company report | 85% |
Company report basis, confidence, active dates and source counts for Evolus Inc's named competitors require a Commercial License.
Methodology: see Methodology: Peer & Competitor Identification, Sourcing.
Evolus Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Eli Lilly And Company | Reportable 100.00 % |
| Johnson and Johnson | Oncology 29.93 % |
| Merck and Co Inc | Pharmaceutical segment 88.88 % |
| Abbott Laboratories | Diabetes Care 17.78 % |
| Pfizer Inc | U.S. Commercial Division 58.35 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Evolus Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Evolus Inc | 492 | 949,440 | -102,793 |
| Eli Lilly And Company | 1,266,591 | 1,729,240 | 551,594 |
| Johnson and Johnson | 676,597 | 705,504 | 114,311 |
| Abbvie Inc | 522,439 | 1,158,140 | 181,509 |
| Merck and Co Inc | 371,340 | 887,587 | 42,267 |
| Abbott Laboratories | 201,332 | 405,087 | 47,174 |
| PEERS TOTAL | 3,534,047 | 840,338 | 115,173 |
Evolus Inc's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent report. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Eli Lilly And Company | United States 62.04 % |
| Johnson and Johnson | United States 58.90 % |
| Merck and Co Inc | EMEA 23.60 % |
| Abbott Laboratories | Non-US 61.62 % |
| Pfizer Inc | United States 63.93 % |
Source: revenue geography as reported in each company's reports (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Evolus Inc's Position in Industry Market Structure
Market-capitalization share and concentration across all 497 companies in Evolus Inc's industry classification, broader than the peer set above. Market cap in millions of $.Evolus Inc ranks #186 of 497 companies by market capitalization in its industry, holding 0.01 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 885, indicating a unconcentrated market structure (see Methodology: Market Structure & Concentration).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Eli Lilly And Company | 1,267,016 | 21.36 % |
| 2 | Johnson and Johnson | 674,248 | 11.37 % |
| 3 | Beone Medicines Ltd | 568,696 | 9.59 % |
| 4 | Abbvie Inc | 522,144 | 8.80 % |
| 5 | Merck and Co Inc | 1,234 | 5.2% |
| 6 | Novartis Ag | 1,234 | 5.2% |
| 7 | Abbott Laboratories | 1,234 | 5.2% |
| 8 | Novo Nordisk A | 1,234 | 5.2% |
| 9 | Pfizer Inc | 1,234 | 5.2% |
| 10 | Astrazeneca Plc | 1,234 | 5.2% |
| 186 | Evolus Inc | 492 | 0.01 % |
Market cap and industry share for the rest of Evolus Inc's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-11-04.
Evolus Inc's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 181 | Aclaris Therapeutics Inc | 525 | 50.59 % |
| 182 | Cormedix Inc | 523 | -50.23 % |
| 183 | Capricor Therapeutics inc | 517 | 39.04 % |
| 184 | Cytomx Therapeutics Inc | 515 | -42.75 % |
| 185 | Immix Biopharma Inc | 1,234 | 12.3% |
| 186 | Evolus Inc | 492 | 17.45 % |
| 187 | Arvinas Inc | 1,234 | 12.3% |
| 188 | Phathom Pharmaceuticals Inc | 1,234 | 12.3% |
| 189 | Opus Genetics Inc | 1,234 | 12.3% |
| 190 | Aquestive Therapeutics Inc | 1,234 | 12.3% |
| 191 | Relmada Therapeutics Inc | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Evolus Inc's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-11-04. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Evolus Inc's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Major Pharmaceutical Preparations industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (411 companies). See the full Major Pharmaceutical Preparations industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 0.67 % | 35.08 % (avg) | -34.4 pp |
| Operating Margin | -0.06 % | industry median | +0.0 pp |
| EBITDA Margin | 0.02 % | -4.77 % (avg) | +4.8 pp |
| Capital Intensity (Capex / Revenue) | 2.05 % | 7.22 % (avg) | -5.2 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Evolus Inc's Valuation vs Competitive Position
Valuation multiples vs the Major Pharmaceutical Preparations industry average (411 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Major Pharmaceutical Preparations industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | - | 27.5x | - |
| EV / EBITDA | - | 16.2x | - |
| P/B | -14.0x | 4.2x | -18.1x |
| Return on Equity | - | industry aggregate | - |
| Return on Invested Capital | -0.14 % | -7.85 % (avg) | 7.70 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Evolus Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue Growth | - | - | 76.29 % | 49.10 % | 35.98 % | 31.76 % | 11.58 % |
| Operating Margin | - | -270.73 % | -44.55 % | -43.96 % | -24.36 % | -12.92 % | -10.99 % |
| Return on Invested Capital | -34.35 % | -79.31 % | -17.24 % | -28.05 % | -31.71 % | -15.56 % | -22.49 % |
| P/E | - | - | - | - | - | - | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Evolus Inc's Strategic Group Map
Evolus Inc is shown in red; its closest peers by combined growth, margin and ROIC are labeled. See Methodology: Strategic Group Map for how this chart is built.
Evolus Inc's trailing-12-month revenue growth of 13.9% and operating margin of -0.1% compares with an average of 15.8% growth and 1.0% margin across its 8 closest peers by combined growth, margin and ROIC -- Evolus Inc sits below that peer average on growth and below it on margin.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Evolus Inc's BCG Growth-Share Matrix
See Methodology: BCG Growth-Share Matrix for how relative share and growth are calculated and thresholded.
Evolus Inc falls in the Dog quadrant: relative market share of 0.00x vs its largest competitor, in an industry growing revenue 8.1% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Evolus Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 885 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 2.05 % vs industry average 7.22 % (see Profitability & Cost Structure above) |
Note: see Methodology: Porter's Five Forces. Supplier power and buyer power are covered on Evolus Inc's dedicated Suppliers and Customers pages, not here.
Evolus Inc's Industry Attractiveness & Competitive Strength
See Methodology: GE/McKinsey Matrix for how the two axes are built.
Evolus Inc falls in the Low attractiveness / Medium strength cell: Harvest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Evolus Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Latest-quarter revenue run-rate is accelerating (+6.1% annualized vs trailing 12 months).
- Outperforming the U.S.A. 500 over the trailing 12 months.
Weaknesses
- Low relative market share vs the industry leader (0.00x).
Opportunities
- A meaningful share of competitors (34.70 %) show financial-distress signals, a possible opening to gain share.
Threats
No rule matched.
Methodology: see Methodology: SWOT Analysis.
Evolus Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Evolus Inc | 0.62 | 1.89 | - |
| Eli Lilly And Company | 0.16 | 1.44 | 1.44 |
| Johnson and Johnson | 0.36 | 1.04 | 0.60 |
| Abbvie Inc | 0.19 | 0.79 | - |
| Merck and Co Inc | 0.40 | 1.46 | 1.01 |
| Abbott Laboratories | 0.42 | 1.50 | 0.44 |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Evolus Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Evolus Inc | Q2 2026 | +21.3 % | - |
| Eli Lilly And Company | Q3 2026 | +38.6 % | +15.6 % |
| Johnson and Johnson | Q3 2026 | +5.9 % | -95.9 % |
| Abbvie Inc | Q3 2026 | +10.3 % | +2,143.6 % |
| Merck and Co Inc | Q2 2026 | +5.1 % | - |
| Abbott Laboratories | Q2 2026 | +13.0 % | -47.8 % |
| PEERS TOTAL | +10.3 % | -23.8 % |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Evolus Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Evolus Inc | Q2 2026 | +12.1 % | -77.9 % |
| Eli Lilly And Company | Q3 2026 | +30.7 % | +52.2 % |
| Johnson and Johnson | Q3 2026 | +10.9 % | +17.7 % |
| Abbvie Inc | Q3 2026 | -19.2 % | -21.0 % |
| Merck and Co Inc | Q2 2026 | +23.6 % | +16.9 % |
| Abbott Laboratories | Q2 2026 | +9.7 % | -1.0 % |
Evolus Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Evolus Inc | - | - | - |
| Eli Lilly And Company | 21.24% | 32.00% | 83.65% |
| Johnson and Johnson | 8.06% | 10.53% | 19.55% |
| Abbvie Inc | 7.48% | 12.87% | - |
| Merck and Co Inc | 2.42% | 3.24% | 6.59% |
| Abbott Laboratories | 5.56% | 6.45% | 10.41% |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Evolus Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Evolus Inc | - | 1.55 |
| Eli Lilly And Company | 46.03 | 14.65 |
| Johnson and Johnson | 41.80 | 6.81 |
| Abbvie Inc | 50.75 | 7.91 |
| Merck and Co Inc | 121.24 | 5.58 |
| Abbott Laboratories | 37.14 | 4.32 |
| PEERS AVERAGE | 45.05 | 6.17 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.