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BMY

S&P 500
Favorable · 60/100

Bristol Myers Squibb

Health Care
Pharmaceuticals

$54.70

1.3%

Updated Today 7:15 PM ET

Price — Past Year

▲ Up 15.3% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$110.27B

P/E

18.49x

Forward P/E (est.)

14.64x

ROE

41.6%

Revenue Growth

1.8%

EPS Growth

26.3%

Profit Margin

12.3%

FCF Yield

15.4%

Debt / Equity

2.44x

ROIC

Interest Coverage

Current Ratio

1.42x

Dividend Yield

4.5%

Implied Growth (rev. DCF)

-2.4%

Rating Score

60/100

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what BMY's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. BMY trades near $54.70, around its 50-day average ($57.37) and 200-day average ($53.59). Price tangled in its moving averages means there is no clear trend — the stock is ranging.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 38 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.

Volatility — ATR. Average True Range is the typical daily move. BMY's is $1.47 (~2.7% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month BMY found buyers near $53.44 (support) and sellers near $60.25 (resistance); its 52-week range is $42.52–$62.89. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 2.5× the 20-day average — heavier than usual, which adds conviction to the move. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Business Overview
Research

Bristol Myers Squibb (BMY) is a large-cap company in the Pharmaceuticals industry, part of the Health Care sector of the S&P 500, with a market value around $110.27B.

In its latest reported year it generated about $48.19B in revenue and $7.05B in net profit.

Our model rates BMY Favorable (60/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Revenue Growth
Research

4Y CAGR

1.0%

Revenue moved from $46.38B in 2021 to $48.19B in 2025, a 1.0% compound annual growth rate. The most recent year was roughly flat (1.8%) year over year. Slower, mature growth is common for established businesses.

Profitability
Research

Gross Margin

53.7%

Operating Margin

17.1%

Net Margin

14.6%

ROE

41.6%

Bristol Myers Squibb keeps about 12.3% of each sales dollar as net profit, with a 53.7% gross margin and 17.1% operating margin. Return on equity is 41.6%. Margins are moderate — typical of a competitive but profitable business.

Debt Analysis
Research

Total Debt

$44.14B

Net Debt

$34.57B

Net Debt / EBITDA

Debt / Equity

2.44x

Leverage: debt-to-equity is 2.4x, with a current ratio of 1.4x. That is elevated leverage, which raises risk if earnings or rates move against it. It carries roughly $44.14B of total debt against $9.57B of cash.

Cash Flow Analysis
Research

Operating CF

$14.16B

Free Cash Flow

$12.85B

FCF Margin

26.7%

In the latest year Bristol Myers Squibb produced about $14.16B of operating cash flow and $12.85B of free cash flow after capital spending. That is a free-cash-flow yield of about 15.4% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.

Valuation Analysis
Research

P/E

18.49x

P/S

2.37x

P/B

5.74x

EV / EBITDA

BMY trades at 18.5x trailing earnings (about 14.6x on estimated forward earnings), 2.4x sales, and 5.7x book value. Reverse-engineering today's price implies the market expects roughly -2.4% long-term free-cash-flow growth. That is a fairly typical valuation for a profitable company.

Metrics vs. Typical Range

Where this stock sits versus what most companies trade at.

TTM P/E
18.5xFair
Forward P/E
14.6xCheap
P/S ratio
2.4xFair
Revenue growth
1.8%Weak
EPS growth
26.3%Strong
Gross margin
53.7%Strong
Net margin
12.3%Strong
ROE
41.6%Strong

Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.

Sector Peer Comparison

How BMY stacks up against its Health Care peers — valuation, profitability, and growth versus the sector median.

In the Health Care sector (59 S&P 500 companies), BMY ranks #18 of 59 by our overall rating. It trades at a discount versus the sector on earnings (18.5x P/E vs. 25.4x median) with a higher return on equity (41.6% vs. 14.9%) and slower revenue growth (1.8% vs. 7.9%).

P/E vs sector

18.5x

median 25.4x

ROE vs sector

41.6%

median 14.9%

Growth vs sector

1.8%

median 7.9%

Sector rank

#18

of 59 by rating

CompanyP/ERev Gr.Rating
BMYThis stock18.5x1.8%Favorable· 60
PFE19.1x1.4%Neutral· 48
MRK31.4x2.9%Weak· 40
ZTS12.6x2.4%Favorable· 63
JNJ26.1x7.9%Neutral· 56
VTRS1.6%Weak· 29
LLY41.1x47.4%Favorable· 69
VRTX26.3x10.1%Favorable· 67
Health Care median25.4x7.9%52/100

Valuation vs. quality map

sector medianPFEMRKZTSJNJLLYVRTXBMYP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Health Care companies by sub-industry and size. Sector median is across all 59 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$45.14$73.87

vs. $54.70 today · expected CAGR -4%6%

Metric20262027202820292030
Revenue$49.64B$51.13B$52.66B$54.24B$55.87B
Net income$7.45B$7.67B$7.90B$8.14B$8.38B
EPS$3.65$3.76$3.87$3.98$4.10
Share price (low)$40.11$41.31$42.55$43.83$45.14
Share price (high)$65.63$67.60$69.63$71.72$73.87
CAGR (low–high)-27% / 20%-13% / 11%-8% / 8%-5% / 7%-4% / 6%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for BMY:

  • Strong return on equity (41.6%) shows capital is put to work well.
  • Healthy free-cash-flow yield (~15.4%) funds buybacks and dividends.
  • Pays a 4.5% dividend on top of any price gains.
  • Our model's overall read is Favorable (60/100).
Bear Case

The case against BMY:

  • Revenue growth is slow (1.8%), limiting the upside engine.
  • Elevated leverage (debt/equity 2.4x) adds financial risk.
Key Risks
Research

Balance-sheet risk — debt/equity of 2.4x magnifies the impact of higher rates or weaker earnings.

Growth risk — sluggish revenue (1.8%) leaves little margin for execution missteps.

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the fundamentals screen favourably: Bristol Myers Squibb is a large-cap health care business growing at a mature pace, with solid profitability, and a heavier debt load to watch. It trades at 18.5x earnings, which our model scores Favorable (60/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.