BRISTOL-MYERS SQUIBB CO (BMY) Stock Fundamental Analysis
USA • New York Stock Exchange • NYSE:BMY • US1101221083
55.05 USD
+0.77 (+1.42%)
At close: Jan 30, 2026
54.99 USD
-0.06 (-0.11%)
After Hours: 1/30/2026, 8:04:00 PM
Overall BMY gets a fundamental rating of 6 out of 10. We evaluated BMY against 190 industry peers in the Pharmaceuticals industry. BMY has an excellent profitability rating, but there are some minor concerns on its financial health. BMY scores decently on growth, while it is valued quite cheap. This could make an interesting combination. Finally BMY also has an excellent dividend rating. This makes BMY very considerable for value and dividend investing!
1. Profitability
1.1 Basic Checks
- In the past year BMY was profitable.
- BMY had a positive operating cash flow in the past year.
- The reported net income has been mixed in the past 5 years: BMY reported negative net income in multiple years.
- BMY had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 6.23%, BMY belongs to the top of the industry, outperforming 87.37% of the companies in the same industry.
- The Return On Equity of BMY (32.55%) is better than 94.74% of its industry peers.
- BMY has a Return On Invested Capital of 18.43%. This is amongst the best in the industry. BMY outperforms 95.79% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for BMY is in line with the industry average of 12.83%.
- The last Return On Invested Capital (18.43%) for BMY is above the 3 year average (12.30%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.23% | ||
| ROE | 32.55% | ||
| ROIC | 18.43% |
ROA(3y)1.77%
ROA(5y)0.82%
ROE(3y)-2.38%
ROE(5y)-2.3%
ROIC(3y)12.3%
ROIC(5y)10.36%
1.3 Margins
- BMY has a better Profit Margin (12.57%) than 84.74% of its industry peers.
- BMY has a Operating Margin of 33.51%. This is amongst the best in the industry. BMY outperforms 95.26% of its industry peers.
- In the last couple of years the Operating Margin of BMY has declined.
- The Gross Margin of BMY (73.15%) is better than 80.53% of its industry peers.
- In the last couple of years the Gross Margin of BMY has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 33.51% | ||
| PM (TTM) | 12.57% | ||
| GM | 73.15% |
OM growth 3Y-0.56%
OM growth 5Y-4.29%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.73%
GM growth 5Y1.42%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), BMY is creating value.
- BMY has less shares outstanding than it did 1 year ago.
- The number of shares outstanding for BMY has been reduced compared to 5 years ago.
- The debt/assets ratio for BMY is higher compared to a year ago.
2.2 Solvency
- BMY has an Altman-Z score of 2.23. This is not the best score and indicates that BMY is in the grey zone with still only limited risk for bankruptcy at the moment.
- With a decent Altman-Z score value of 2.23, BMY is doing good in the industry, outperforming 62.11% of the companies in the same industry.
- BMY has a debt to FCF ratio of 3.20. This is a good value and a sign of high solvency as BMY would need 3.20 years to pay back of all of its debts.
- BMY has a Debt to FCF ratio of 3.20. This is amongst the best in the industry. BMY outperforms 87.89% of its industry peers.
- BMY has a Debt/Equity ratio of 2.41. This is a high value indicating a heavy dependency on external financing.
- Looking at the Debt to Equity ratio, with a value of 2.41, BMY is doing worse than 78.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.41 | ||
| Debt/FCF | 3.2 | ||
| Altman-Z | 2.23 |
ROIC/WACC2.1
WACC8.79%
2.3 Liquidity
- A Current Ratio of 1.27 indicates that BMY should not have too much problems paying its short term obligations.
- The Current ratio of BMY (1.27) is worse than 77.89% of its industry peers.
- BMY has a Quick Ratio of 1.17. This is a normal value and indicates that BMY is financially healthy and should not expect problems in meeting its short term obligations.
- BMY has a worse Quick ratio (1.17) than 75.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.27 | ||
| Quick Ratio | 1.17 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 460.68% over the past year.
- Measured over the past years, BMY shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -24.57% on average per year.
- BMY shows a small growth in Revenue. In the last year, the Revenue has grown by 1.26%.
- BMY shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.06% yearly.
EPS 1Y (TTM)460.68%
EPS 3Y-46.63%
EPS 5Y-24.57%
EPS Q2Q%-9.44%
Revenue 1Y (TTM)1.26%
Revenue growth 3Y1.36%
Revenue growth 5Y13.06%
Sales Q2Q%2.77%
3.2 Future
- The Earnings Per Share is expected to grow by 35.29% on average over the next years. This is a very strong growth
- Based on estimates for the next years, BMY will show a decrease in Revenue. The Revenue will decrease by -5.06% on average per year.
EPS Next Y471.99%
EPS Next 2Y130.77%
EPS Next 3Y73.18%
EPS Next 5Y35.29%
Revenue Next Year0.22%
Revenue Next 2Y-4.02%
Revenue Next 3Y-3.34%
Revenue Next 5Y-5.06%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 8.39, the valuation of BMY can be described as reasonable.
- 91.58% of the companies in the same industry are more expensive than BMY, based on the Price/Earnings ratio.
- When comparing the Price/Earnings ratio of BMY to the average of the S&P500 Index (28.30), we can say BMY is valued rather cheaply.
- With a Price/Forward Earnings ratio of 9.07, the valuation of BMY can be described as very reasonable.
- Based on the Price/Forward Earnings ratio, BMY is valued cheaply inside the industry as 89.47% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.57, BMY is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.39 | ||
| Fwd PE | 9.07 |
4.2 Price Multiples
- 93.16% of the companies in the same industry are more expensive than BMY, based on the Enterprise Value to EBITDA ratio.
- Based on the Price/Free Cash Flow ratio, BMY is valued cheaper than 94.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.32 | ||
| EV/EBITDA | 6.76 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- BMY has a very decent profitability rating, which may justify a higher PE ratio.
- A more expensive valuation may be justified as BMY's earnings are expected to grow with 73.18% in the coming years.
PEG (NY)0.02
PEG (5Y)N/A
EPS Next 2Y130.77%
EPS Next 3Y73.18%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.59%, BMY is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 0.48, BMY pays a better dividend. On top of this BMY pays more dividend than 96.84% of the companies listed in the same industry.
- BMY's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.59% |
5.2 History
- On average, the dividend of BMY grows each year by 11.67%, which is quite nice.
- BMY has been paying a dividend for at least 10 years, so it has a reliable track record.
- BMY has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)11.67%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
- BMY pays out 82.81% of its income as dividend. This is not a sustainable payout ratio.
- BMY's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP82.81%
EPS Next 2Y130.77%
EPS Next 3Y73.18%
BRISTOL-MYERS SQUIBB CO / BMY FAQ
What is the ChartMill fundamental rating of BRISTOL-MYERS SQUIBB CO (BMY) stock?
ChartMill assigns a fundamental rating of 6 / 10 to BMY.
What is the valuation status for BMY stock?
ChartMill assigns a valuation rating of 9 / 10 to BRISTOL-MYERS SQUIBB CO (BMY). This can be considered as Undervalued.
What is the profitability of BMY stock?
BRISTOL-MYERS SQUIBB CO (BMY) has a profitability rating of 7 / 10.
Can you provide the financial health for BMY stock?
The financial health rating of BRISTOL-MYERS SQUIBB CO (BMY) is 5 / 10.
What is the expected EPS growth for BRISTOL-MYERS SQUIBB CO (BMY) stock?
The Earnings per Share (EPS) of BRISTOL-MYERS SQUIBB CO (BMY) is expected to grow by 471.99% in the next year.