BMY

Bristol-Myers Squibb Company

Fundamental data last updated:August 20, 2026

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company profile

SECTOR

Healthcare

industry

Drug Manufacturers - General

Exchange

NYSE

County of HQ

US

Next Earnings Date

Pending Announcement

Business Summary

Bristol-Myers Squibb Company operates as a global biopharmaceutical entity, actively involved in the research, development, licensing, production, and worldwide commercialization of its medicinal portfolio. The company's therapeutic areas span hematology, oncology, cardiovascular health, immunology, fibrotic conditions, neuroscience, and infectious diseases like COVID-19. Its significant pharmaceutical offerings include Revlimid, an oral immunomodulatory agent for multiple myeloma, and Eliquis, an oral anticoagulant crucial for reducing stroke risk and systemic embolism in non-valvular atrial fibrillation, as well as treating deep vein thrombosis and pulmonary embolism. The portfolio also features Opdivo, utilized across various anti-cancer indications; Pomalyst/Imnovid, prescribed for multiple myeloma patients; and Orencia, targeting active rheumatoid arthritis and psoriatic arthritis in adults. Other key therapies are Sprycel, employed in the management of Philadelphia chromosome-positive chronic myeloid leukemia; Yervoy, indicated for patients with unresectable or metastatic melanoma; and Abraxane, a protein-bound chemotherapy formulation. Furthermore, Bristol-Myers Squibb offers Reblozyl, addressing anemia in adult patients with beta thalassemia; Empliciti, another treatment option for multiple myeloma; and Zeposia, designed to treat relapsing forms of multiple sclerosis. Revolutionary treatments like Breyanzi, a CD19-directed genetically modified autologous T cell immunotherapy for adult patients battling relapsed or refractory large B-cell lymphoma, are also part of its lineup. Completing its product range are Inrebic, an oral kinase inhibitor specifically for adult myelofibrosis, and Onureg, used in the treatment of adult patients with acute myeloid leukemia (AML). Bristol-Myers Squibb distributes its pharmaceutical products through a diverse network encompassing wholesalers, distributors, pharmacies, retail outlets, hospitals, clinics, and governmental organizations. Founded in 1887 and formerly known as Bristol-Myers Company, the firm maintains its headquarters in New York, New York.

 


VALUATION

P/E

15.93

Market Cap ($M USD)

$115.79B

Forward P/E

11.85

PEG

0.35

PRICE TO SALES

2.39

PRICE TO BOOK

5.77

EV / EBITDA

10.96

5-Year Average P/E

Free Cash Flow Yield

10.28%

DCF Value

$275.35

Graham Number

$28.05

Price to FCF

9.72

EV to FCF

12.65

Earnings Yield

6.28%

FCF Yield

10.28%

DIVIDEND

Yield

4.43%

Annual Payout

$2.51

Payout Ratio

69.69%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$3.56

Next Year EPS Growth Estimate

$4.78

Next Year Revenue Growth Estimate

$36.79B

Return on Equity (ROE)

39.05%

FREE CASH FLOW

Operating Margin

25.67%

Debt-to-Equity

2.55

Piotroski F-Score

8

Altman Z-Score

2.41

Return on Invested Capital (ROIC)

18.49%

Current Ratio

1.42

Quick Ratio

1.28

Net Debt to EBITDA

2.54

Interest Coverage

12.25

Gross Profit margin

68.75%

FCF PER SHARE

$5.83

REVENUE PER SHARE

$23.72

Gainseekers Quantitative Analysis

Summary

Bristol-Myers Squibb’s valuation presents a compelling case of market mispricing. With a DCF value towering over recent pricing, the stock appears undervalued. The Forward P/E of 11.50 suggests growth potential, while the Earnings Yield of 6.38% indicates a solid return for investors. However, the Altman Z-score of 2.41 hints at moderate financial risk, suggesting the company is not entirely out of the woods. Overall, the market seems to be underestimating its intrinsic value, offering a potential opportunity for savvy investors.

AI Exposure / Tech Reliance

Operating in the healthcare sector, Bristol-Myers Squibb is strategically positioned to leverage AI advancements in drug discovery and personalized medicine. The company's focus on innovation and R&D could enhance its adaptability to tech shifts. As AI continues to revolutionize healthcare, BMY's robust pipeline and research capabilities may offer a competitive edge.

The Bull Case

For value and GARP investors, Bristol-Myers Squibb offers a tantalizing proposition. With an impressive ROIC of 18.49%, the company demonstrates exceptional capital efficiency. The FCF Yield of 10.44% and a Piotroski F-Score of 8 underscore its financial robustness and operational efficiency. Coupled with a strong operating margin of 25.67%, BMY showcases significant pricing power and a well-managed cost structure, making it an attractive buy.

The Bear Case

Despite its strengths, Bristol-Myers Squibb is not without its flaws. The Price/Book ratio of 5.69 and Price/Sales of 2.35 suggest the stock may be overvalued relative to its assets and revenue. Additionally, a Debt/Equity ratio of 2.55 raises concerns about financial leverage. With the stock trading closer to its 52-week high, there is a risk of technical overextension, warranting caution for potential investors.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Hold

Average Analyst Price Target

$62.60

Institutional Ownership %

1-Year Beta

0.24

Insider Buying % (6 Mo)

Distance to 52-Week High

10.92%

Distance to 52-Week Low

25.01%

EARNINGS SURPRISE %

11.27%

50-DAY SMA

$56.91

200-DAY SMA

$54.07

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.