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Bristol-Myers Squibb Company BMY SPX

Healthcare · Drug Manufacturers - General · United States
https://www.bms.com

Bristol-Myers Squibb Company discovers, develops, licenses, manufactures, markets, distributes, and sells biopharmaceutical products worldwide. It offers products for oncology, hematology, immunology, cardiovascular, neuroscience, and other areas. The company's products include Opdivo for various anti-cancer indications; Opdivo Qvantig, a subcutaneous PD-1 inhibitor for solid tumorsr; Orencia for active rheumatoid arthritis and psoriatic arthritis; Yervoy for the treatment of patients with unresectable or metastatic melanoma; Reblozyl to treat anemia; Breyanzi for the treatment of patients with relapsed or refractory large B-cell lymphoma; Opdualag for the treatment of unresectable or metastatic melanoma; and Camzyos to treat symptomatic obstructive HCM to improve functional capacity and symptom. It also offers Zeposia to treat relapsing forms of multiple sclerosis; Abecma for the treatment of patients with relapsed or refractory multiple myeloma; Sotyktu for the treatment of moderate-to-severe plaque psoriasis; Krazati for the treatment of adult patients with KRASG12C-mutated locally advanced or metastatic non-small cell lung cancer (NSCLC); and Cobenfy to treat schizophrenia. In addition, it offers Eliquis for a reduction in risk of stroke/systemic embolism in non-valvular atrial fibrillation and for the treatment of DVT/PE; Revlimid, an oral immunomodulatory drug to treat multiple myeloma; Pomalyst/Imnovid for multiple myeloma; Sprycel for Philadelphia chromosome-positive chronic myeloid leukemia; and Abraxane for the treatment of breast cancer. Further, it provides Augtyro for the treatment of locally advanced or metastatic ROS1-positive NSCLC; and NSCLC and pancreatic cancer. It sells products to wholesalers, distributors, specialty pharmacies, and to a lesser extent, retailers, hospitals, clinics, and government agencies. The company was formerly known as Bristol-Myers Company. The company was founded in 1887 and is headquartered in Princeton, New Jersey.

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$57.18
+24.35% 1Y

Market & Price

Market Cap
$116.77B
Current Price
$57.18
High / Low (52W)
$61.73 / $41.67
Beta
0.26

Valuation

Stock P/E
16.02
Industry PE
23.65
Forward P/E
9.27
PEG Ratio
180.38
Book Value
$9.83
Price to Book
5.82
P/S
2.41
EV/EBITDA
8.05
Dividend Yield
4.41%

Profitability & Returns

ROCE
16.84%
ROE
38.73%
ROA
10.69%
Profit Margin
15.01%
Op Margin
33.04%
EPS (Latest Qtr)
$1.31
EPS (TTM)
$3.57

Balance Sheet & Liquidity

Debt/Equity
2.31
Quick Ratio
1.18
Current Ratio
1.42
Debt
$46.43B
Total Assets
$90.04B
Current Assets
$29.39B
Working Capital
$5.97B

Ownership

Promoter Holding
0.08%
Chg in Prom Hold
-
FII / Inst Holding
83.71%
Chg in FII Hold
-0.00%

Financial Snapshot

Enterprise Value
$152.74B
Total Revenue (TTM)
$48.48B
EBITDA
$18.97B
Free Cash Flow
$9.85B
Operating Cash Flow
$13.31B
Shares Outstanding
2.04B
Gross Margin
71.98%
Payout Ratio
70.03%

Growth (CAGR)

Revenue 5Y
1.45%
Profit 5Y
3.69%
Revenue (YoY)
2.60%
Earnings (YoY)
9.20%

PROS

  • Strong return on equity of 38.7%.
  • Attractive dividend yield of 4.41%.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Healthcare).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 BMY Bristol-Myers Squibb Company SPX 57.18 16.02 $116.77B 4.41% 16.84% 38.73% 1.45% 3.69%
2 LLY Eli Lilly and Company SPX 1,105.00 39.21 $985.37B 0.63% 38.44% 107.46% 31.69% 48.96%
3 JNJ Johnson & Johnson SPX 225.33 26.11 $542.42B 2.38% 23.13% 26.42% 5.60% 14.32%
4 UNH UnitedHealth Group Incorporated SPX 380.31 28.66 $345.38B 2.32% 9.60% 12.18% 11.35% -15.69%
5 MRK Merck & Co., Inc. SPX 118.72 33.44 $293.22B 2.86% 20.66% 18.94% 3.12% 7.93%
6 TMO Thermo Fisher Scientific Inc. SPX 492.51 27.11 $183.03B 0.38% 9.17% 13.52% -0.27% -1.19%
7 AMGN Amgen Inc. NDXSPX 336.79 23.42 $181.77B 2.99% 18.02% 101.32% 11.77% 5.58%
8 GILD Gilead Sciences, Inc. NDXSPX 134.43 18.29 $166.90B 2.44% 22.92% 43.36% 2.57% 22.83%
9 ISRG Intuitive Surgical, Inc. NDXSPXAI 424.64 51.53 $150.39B - 15.96% 17.23% 17.39% 29.26%
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Quarterly Results

Figures in USD.

Metric Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue ------4.93B5.14B5.25B5.45B5.19B5.70B5.69B5.97B5.92B6.27B6.01B7.95B10.78B10.13B10.54B11.07B11.07B11.70B11.62B11.65B11.89B11.22B11.34B11.23B10.97B11.87B12.20B--11.20B12.27B12.22B12.50B11.49B
Cost of Revenue -----------------------------------3.03B3.37B3.44B4.10B3.42B
Gross Profit 2.97B3.33B3.34B3.67B3.62B3.86B3.66B3.58B3.67B3.77B3.63B4.10B4.06B4.30B4.10B4.30B4.22B5.45B7.12B7.43B8.04B8.16B-------------8.17B8.90B8.79B8.41B8.07B
Operating Expenses -----------------------------------4.67B5.12B5.15B5.59B4.70B
Operating Income -----------------------------------3.50B3.77B3.64B2.81B3.37B
EBITDA -----------------------------------4.48B3.27B4.61B2.88B4.25B
Interest Expense -----------------------------------494.00M485.00M480.00M432.00M411.00M
Pretax Income -----------------------------------2.97B1.77B3.11B1.47B3.24B
Tax Provision -----------------------------------509.00M460.00M919.00M384.00M561.00M
Net Income 706.00M-197.00M1.20B1.17B1.20B894.00M1.57B916.00M845.00M-2.33B1.49B373.00M1.90B1.16B1.71B1.43B1.35B-1.06B-775.00M-85.00M1.87B-10.03B2.02B1.05B1.55B1.28B1.42B1.61B2.26B2.07B1.93B-11.91B1.68B--2.46B1.31B2.20B1.09B2.68B
Diluted EPS 0.42-0.120.710.690.720.530.940.560.51-1.420.910.231.160.711.040.870.83-0.55-0.34-0.040.82-4.450.890.470.690.590.660.751.070.990.93-5.890.83--1.200.641.080.531.31
R&D Expense 1.13B-1.14B1.27B1.14B-1.30B1.68B1.56B-1.25B2.44B1.28B-1.35B1.32B1.38B-2.37B2.52B2.50B-2.22B2.48B2.98B2.26B2.32B2.42B2.32B2.26B2.24B2.69B2.90B2.37B-2.26B2.58B2.53B-2.65B

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue ---------19.43B20.78B22.56B26.14B42.52B-46.16B45.01B48.30B48.20B
Cost of Revenue ---------------10.14B10.69B13.97B13.94B
Gross Profit --13.67B14.21B15.65B13.01B11.77B11.95B12.65B14.48B14.68B16.09B18.07B30.75B-36.02B34.31B34.33B34.26B
Operating Expenses ---------------26.92B26.12B28.45B20.54B
Operating Income ---------------9.10B8.20B5.89B13.72B
EBITDA ---------------19.22B19.37B3.17B15.23B
Interest Expense ---------------1.23B1.17B1.95B1.89B
Pretax Income ---------------7.71B8.44B-8.38B9.33B
Tax Provision ---------------1.37B400.00M554.00M2.27B
Net Income 2.17B5.25B10.61B3.10B3.71B1.96B2.56B2.00B1.56B4.46B1.01B4.92B3.44B-9.02B-6.33B8.03B-8.95B7.05B
Diluted EPS 1.092.625.341.792.161.161.541.200.932.650.613.012.01-3.99-2.953.86-4.413.46
R&D Expense 3.16B3.51B3.65B3.57B3.84B3.90B3.73B4.53B5.92B5.01B6.47B6.33B6.15B10.05B10.20B9.51B9.30B11.16B9.95B

Compounded Sales Growth

5 Years:1.45%
1 Year:2.60%

Compounded Profit Growth

5 Years:3.69%
1 Year:9.20%

Stock Price Performance

1 Year:+24.35%
6 Months:+19.17%
3 Months:-7.38%
1 Month:-0.71%

Balance Sheet (Annual)

Figures in USD.

Metric Jun 2012Sep 2012Dec 2012Mar 2013Jun 2013Sep 2013Dec 2013Mar 2014Jun 2014Sep 2014Dec 2014Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets 31.67B36.04B35.90B35.96B36.25B36.80B38.59B33.42B33.50B33.45B33.75B33.58B31.95B31.78B31.75B31.89B32.83B33.73B33.71B32.94B33.41B33.98B33.55B33.08B32.64B33.73B34.99B34.83B55.16B57.43B129.94B129.28B128.08B125.54B118.48B-96.82B95.16B92.60B90.04B
Current Assets ------------------------------------27.27B31.77B29.78B29.39B
Cash & Equivalents 2.80B1.50B1.66B1.35B1.82B1.77B3.59B5.22B4.28B4.85B5.57B6.29B4.20B3.98B2.38B2.64B2.93B3.43B4.24B3.91B3.47B4.64B5.42B5.34B5.00B5.41B6.91B7.33B28.40B30.49B12.35B15.82B19.93B19.43B14.55B-9.12B11.46B10.35B10.21B
Inventory ------------------------------------2.34B2.66B2.56B2.69B
Receivables ------------------------------------8.15B8.88B9.01B9.59B
Total Liabilities --22.26B---23.36B---18.77B---17.32B---17.36B---21.70B---20.86B---78.25B---80.60B-65.70B65.67B76.22B71.53B
Current Liabilities --8.28B---12.44B---8.46B---8.02B---8.84B---9.56B---10.65B---18.30B---19.08B-21.89B22.26B23.77B23.42B
Long Term Debt --6.57B---7.98B7.37B7.37B7.27B7.24B7.13B6.62B6.63B6.55B---5.72B---6.97B---5.65B---43.39B---48.34B-35.06B36.65B47.60B42.85B
Total Debt ------------------------------------40.72B41.46B51.20B47.14B
Total Equity --13.62B---15.15B---14.85B---14.27B---16.18B---11.74B---14.03B---51.60B---37.82B-31.06B29.43B16.34B18.47B
Shares Outstanding ------------------------------------2.90B2.92B2.92B2.92B

Cash Flows (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 3.15B3.71B4.07B4.49B4.84B6.94B3.54B3.15B2.10B3.06B5.28B7.07B8.21B14.05B-13.07B13.86B15.19B14.16B
Investing Cash Flow -202.00M5.08B-4.38B-3.81B-1.44B-6.73B-572.00M1.22B-1.57B1.48B-66.00M-2.00B-9.91B-10.86B--1.06B-2.29B-21.35B-4.13B
Financing Cash Flow -3.21B-2.58B-17.00M-3.34B-2.66B-4.33B-1.07B-2.44B-3.62B-2.65B-4.08B-3.54B7.62B-1.15B--16.96B-9.42B5.13B-10.35B
Capital Expenditure -843.00M-941.00M-730.00M-424.00M-367.00M-548.00M-537.00M-526.00M-820.00M-1.22B-1.05B-951.00M-836.00M-753.00M--1.12B-1.21B-1.25B-1.31B
Free Cash Flow 2.31B2.77B3.33B4.07B4.47B6.39B3.01B2.62B1.28B1.84B4.22B6.12B7.37B13.30B-11.95B12.65B13.94B12.85B
Net Change in Cash ----------------4.96B2.15B-1.03B-324.00M
Share Buybacks ---576.00M1.22B2.40B433.00M--231.00M2.47B320.00M7.30B1.55B6.29B8.00B5.16B00
Dividends Paid 2.21B2.46B2.48B2.20B2.25B2.29B2.31B2.40B2.48B2.55B2.58B2.61B2.68B4.08B4.40B4.63B4.74B4.86B5.04B

Ratios (Annual)

Figures in %.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % ---------74.5%70.7%71.3%69.1%72.3%-78.0%76.2%71.1%71.1%
Operating Margin % ---------------19.7%18.2%12.2%28.5%
Net Margin % ---------22.9%4.8%21.8%13.2%-21.2%-13.7%17.8%-18.5%14.6%
ROE % -----14.4%16.9%13.5%11.0%27.6%8.6%35.1%6.7%-23.8%-20.4%27.3%-54.8%38.2%
ROCE % ---------------12.2%11.2%8.6%20.6%

Shareholding Pattern

Insiders
0.08%
Institutions
83.71%
Public Float
83.78%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 8.41% 171.68M $9.82B
2 Vanguard Capital Management LLC 6.48% 132.32M $7.57B
3 State Street Corporation 4.83% 98.56M $5.64B
4 JPMORGAN CHASE & CO 4.53% 92.48M $5.29B
5 Charles Schwab Investment Management, Inc. 2.99% 61.12M $3.49B
6 Geode Capital Management, LLC 2.71% 55.29M $3.16B
7 Vanguard Portfolio Management LLC 2.26% 46.23M $2.64B
8 Bank of America Corporation 1.60% 32.59M $1.86B
9 AQR Capital Management, LLC 1.45% 29.63M $1.69B
10 Morgan Stanley 1.43% 29.20M $1.67B

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