Stock · BMY · Healthcare

Bristol-Myers Squibb Company

United States · Large Cap · listed since 1972 · Revenue 12 mo. $49.2B

Price as of 11/06/2026

StockScorer score
7.3
of 10 8 of 11 points High Match To the score
Price
$62.14
1 Y +23.7%
Market cap
$125.9B
Phase
Mature
core business profitable, revenue barely moving
Revenue +1.4% a year (3 years)EBIT margin 28.5%Payout 36.1% of operating cash flow

Bristol-Myers Squibb Company discovers, develops, licenses, manufactures, markets, distributes, and sells biopharmaceutical products worldwide.

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Bristol-Myers Squibb Company discovers, develops, licenses, manufactures, markets, distributes, and sells biopharmaceutical products worldwide. The company offers products for oncology, hematology, immunology, cardiovascular, and neuroscience indications. Its products include Opdivo for anti-cancer indications; Opdivo Qvantig, a subcutaneous PD-1 inhibitor for solid tumors; Orencia for active rheumatoid arthritis and psoriatic arthritis; Yervoy for the treatment of unresectable or metastatic melanoma; Reblozyl to treat anemia; Breyanzi for the treatment of relapsed or refractory large B-cell lymphoma; Opdualag to treat unresectable or metastatic melanoma; and Camzyos for the treatment of symptomatic obstructive HCM. The company also offers Zeposia to treat relapsing forms of multiple sclerosis; Abecma for the treatment of patients with relapsed or refractory multiple myeloma; Sotyktu to treat moderate-to-severe plaque psoriasis; Krazati for the treatment of KRASG12C-mutated locally advanced or metastatic non-small cell lung cancer (NSCLC); and Cobenfy to treat schizophrenia. In addition, it offers Eliquis for the reduction of risk of stroke/systemic embolism and for the treatment of DVT/PE; Revlimid, an oral immunomodulatory drug for multiple myeloma; Pomalyst/Imnovid for multiple myeloma; Sprycel for Philadelphia chromosome-positive chronic myeloid leukemia; and Abraxane to treat breast cancer. Further, the company provides Augtyro for the treatment of locally advanced or metastatic ROS1-positive NSCLC, as well as NSCLC and pancreatic cancer. It sells its products to wholesalers, distributors, specialty pharmacies, retailers, hospitals, clinics, and government agencies. The company has a strategic collaboration with Arcus Biosciences, Inc. to develop a treatment regimen that delivers tumor control in kidney cancer. 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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Summary

Bristol-Myers Squibb Company is around the middle of the Healthcare sector overall

52.6 of 100

Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.

Analysis

What the price requires

The market value is below the value without growth: the price requires no FCF growth.

Required FCF growth per year

no growth

no growth afterwards

Valuation against its own history

Price to operating cash flow 10.0×, within its usual range.

Middle half of 20 quarters: 7.6× to 10.0×, median 8.6×.

Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.

2 signs support the expectation, 2 speak against it.

What supports it

with respect to the priced-in expectation

  • High, stable gross margin median 71.8%, range 9.5 pp (10 years)
  • Low capital needs capex median 2.7% of revenue (10 years)

What speaks against it

with respect to the priced-in expectation

  • High leverage debt to equity 2.55
  • Volatile earnings 6 drops or sign changes in up to 10 years

Since the last quarter

Q1 → Q2 2026

A mixed quarter: 1 figure better, 1 worse.

  • FCF margin24.6% → 23.3%−1.3 ppworse
  • Return on equity36.3% → 41.6%+5.3 ppbetter

6 more unchanged: Revenue, 12 mo., FCF, 12 mo., Gross margin, EBIT margin, Net debt, Shares outstanding

Derivation

How the sector comparison is derived

Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.

Price as of 11/06/2026.

Profitability83.7above the middleEarns more than the sector: Return on equity 38.19%, sector 11.52%.
MetricStockSector medianPosition in sector
Return on equity38.19%11.52%Rank 92
Return on capital (Greenblatt)90.90%32.55%Rank 89
EBIT margin28.48%18.31%Rank 81
FCF margin26.65%14.12%Rank 88
Gross margin71.08%60.99%Rank 70
Growth31.3below the middleGrows more slowly than the sector: Revenue growth, 1 year −0.22%, sector 8.04%.
MetricStockSector medianPosition in sector
Revenue growth, 1 year−0.22%8.04%Rank 12
Earnings growth, 3 years per year5.44%5.44%Rank 50
Earnings growth, 5 years per yeardoes not count towards the rank–7.00%
Sustainable growth (ROE × retained earnings)2.72%3.66%Rank 32
Valuation80.6above the middleValued lower than the sector: FCF yield 10.20%, sector 3.63%.
MetricStockSector medianPosition in sector
Earnings yield5.56%2.90%Rank 84
FCF yield10.20%3.63%Rank 95
EV/saleslower is better3.374.03Rank 56
EV/EBITlower is better11.8321.73Rank 88
Momentum40.1around the middleShare price moving about like the sector.
MetricStockSector medianPosition in sector
Share price, 1 year23.66%8.66%Rank 72
Share price, 6 months11.13%24.27%Rank 28
Share price, 3 months1.14%15.42%Rank 16
Distance from 52-week high−8.74%−7.35%Rank 44
Quality51.2around the middleQuality about like the sector.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better−3.25%0.30%Rank 81
Change in share countlower is better0.69%0.00%Rank 16
Dividend streak in years410Rank 46
Price reaction to results, market-adjusted1.40%0.05%Rank 62
Balance sheet & risk28.4below the middleMore risk than the sector: Debt to equity 2.55, sector 0.48.
MetricStockSector medianPosition in sector
Equity ratio20.52%48.40%Rank 8
Net debt/EBITDAlower is better2.391.11Rank 25
Debt to equitylower is better2.550.48Rank 4
Volatility, 1 yearlower is better27.53%31.42%Rank 77

Ten years in figures

Revenue from $19.4B (2016) to $48.2B (2025), 10.6% a year.

Fiscal years, amounts in USD
YearRevenue, $BEBIT marginFCF, $BSharesNet debt
201619.423.0%1.81.68B$2.5B
201720.816.6%4.21.65B$2.5B
201822.622.7%6.11.64B$438.0M
201926.122.6%7.21.71B$35.2B
202042.55.1%13.32.26B$37.1B
202146.418.4%15.22.25B$31.6B
202246.219.7%11.92.15B$31.6B
202345.018.2%12.72.08B$30.0B
202448.312.2%13.92.03B$40.9B
202548.228.5%12.82.04B$36.9B
7.3 / 10High MatchStockScorer score8 of 11 points

5 of 7 StockScorer Score rules met · How the score is built

Bristol-Myers Squibb Company mainly meets criteria in the Profitability category. Result from 18 strategies checked.

This stock · Profitability: 100%This stock · Growth: 0%This stock · Valuation: 100%This stock · Momentum: 100%Median of all stocks · Profitability: 33%Median of all stocks · Growth: 0%Median of all stocks · Valuation: 0%Median of all stocks · Momentum: 0%50%100%ProfitabilityGrowthValuationMomentumThis stockMedian of all stocks

How Bristol-Myers Squibb Company's score is built

Bristol-Myers Squibb Company is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.

5 of 7 rules met

8 of 11 points

  1. Free cash flow yield above the sector medianmet2 of 2 points
  2. Return on capital (Greenblatt ROC) above the sector medianmet2 of 2 points
  3. Return on equity above the sector medianmet1 of 1 point
  4. Free cash flow margin above the sector medianmet2 of 2 points
  5. Revenue growth above 15%not met0 of 2 points
  6. 3-year earnings growth above 12% p.a.not met0 of 1 point
  7. 12-month share price more than 20 percentage points ahead of the marketmet1 of 1 point
  8. Exclusion: financial and real estate stocksdoes not apply

Detail data

How does Bristol-Myers Squibb Company stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

12 more strategies locked

With a free account, you can see the match across all strategies checked in one complete overview.

  • Trending Value: Value + Momentum
  • Balanced GARP
  • Earnings Quality: Accrual Check (Sloan)
  • Magic Formula: Value + Quality
  • Levermann Strategy (13 Criteria)
  • Undervalued Stocks: Multi-Factor Check
  • Defensive: Low Volatility
  • Altman Z-Score: Stress Test
  • Acquirer's Multiple: EV/EBIT Deep Value
  • Dividend Aristocrats & Continuity
  • High-Growth / Rule of 40
  • PEG Strategy (inspired by Peter Lynch)

Bristol-Myers Squibb Company key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for Bristol-Myers Squibb Company.

MetricStockSector
P/E ratio18.030.0
P/B ratio6.94.8
Return on equity (ROE)38.2%11.5%
Equity ratio20.5%48.4%
Debt-to-equity (D/E)2.550.48
Dividend yield4.1%1.3%

Similar stocks in Healthcare

How comparable stocks in the same sector score in the StockScorer model.

SymbolCompanyRating
BMYBristol-Myers Squibb Companythis page
PFEPfizer IncMedium5.5
GILDGilead Sciences IncHigh8.2
BIIBBiogen IncLow4.5
AMGNAmgen Inclocked
MRKMerck & Company Inclocked

Frequently asked questions about Bristol-Myers Squibb Company stock

How does Bristol-Myers Squibb Company stock (BMY) score in the StockScorer model?
Bristol-Myers Squibb Company stock reaches a StockScorer score of 7.3 out of 10, which is a high match with the rule-based strategies. 5 out of 7 flagship profile rules are met.
What is Bristol-Myers Squibb Company's P/E ratio?
Bristol-Myers Squibb Company's P/E ratio is 18.0. The Healthcare sector median is 30.0.
What sector is Bristol-Myers Squibb Company in?
Bristol-Myers Squibb Company is assigned to the Healthcare sector. Its rank within the sector is 52.6 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

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