YouTube · Q2 2026 · 2026-08-06
BMY · NYSE
Bristol-Myers Squibb
Drug Manufacturers - General · United States
- Market cap (USD)
- US$128.81B
- Trailing P/E
- 13.89x
- Forward P/E
- 9.61x
- Quarterly revenue growth
- 5.7%
- Trailing net margin
- 18.9%
- Indicated dividend yield
- 4.0%
Snapshot 2026-09-20 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.
Next earnings: 2026-10-29 (provider estimate, not issuer-confirmed).
Company background
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.
Company websiteQ2 2026
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Comparable businesses
BMY peer comparison
Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.
| Metric | BMYBristol-Myers Squibb CompanySnapshot 2026-09-20Financial period: 2026-06-30 | PFEPfizer Inc.Snapshot 2026-09-20Financial period: 2026-06-28 | SNYSanofiSnapshot 2026-09-20Financial period: 2026-06-30 | Peer medianSimilar-size peers only |
|---|---|---|---|---|
| Market capMarket value, converted to USD | US$128.81B | US$157.65B | US$101.79B | US$129.72Bn=2 |
| Forward P/EProvider forward earnings estimate | 9.61x | 9.55x | 7.84x | 8.69xn=2 |
| EV / EBITDAEnterprise value / trailing EBITDA | 8.60x | 8.26x | — | — |
| Revenue growthLatest quarter vs prior-year quarter | 5.7% | 2.6% | 14.6% | 8.6%n=2 |
| Operating marginLatest reported quarter | 34.4% | 27.9% | 21.0% | 24.5%n=2 |
| Free cash flow yieldTrailing cash flow / market cap | 6.3% | 7.9% | — | — |
| Net debt / EBITDANet debt / trailing EBITDA | 1.80x | 2.04x | 1.27x | 1.66xn=2 |
| Debt / equityTotal debt / positive book equity | 2.02x | 0.74x | 0.34x | 0.54xn=2 |
| Trailing P/ETrailing twelve-month earnings | 13.89x | 36.39x | 22.96x | 29.68xn=2 |
| Price / bookPrice / positive book equity per share | 5.77x | 1.85x | 1.26x | 1.56xn=2 |
| EV / salesEnterprise value / trailing revenue | 3.31x | 3.29x | — | — |
| Earnings growthLatest quarter vs prior-year quarter | 153.1% | — | -91.2% | — |
| Gross marginTrailing twelve months | 71.7% | 74.7% | 73.5% | 74.1%n=2 |
| Net marginTrailing twelve months | 18.9% | 6.8% | 8.1% | 7.4%n=2 |
| Return on equityProvider trailing return; positive equity only | 46.6% | 5.0% | 5.7% | 5.4%n=2 |
| Free cash flow marginTrailing free cash flow / revenue | 16.5% | 19.6% | 12.9% | 16.2%n=2 |
| Dividend yieldIndicated annual dividend / price | 4.0% | 6.2% | 5.7% | 6.0%n=2 |
| Earnings payoutProvider trailing dividend payout | 55.3% | 226.3% | 128.2% | 177.3%n=2 |
| Current ratioCurrent assets / current liabilities | 1.53x | 1.27x | 0.99x | 1.13xn=2 |
| BetaProvider historical market sensitivity | 0.23 | 0.30 | 0.28 | 0.29n=2 |
YouTube · Q2 2026 · 2026-08-06
YouTube · Q2 2026 · 2026-08-02
Comparison methodology & limitations
Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.
Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.
Reported performance
Financial trends
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Revenue
Reported figures
Financial data & calculation notes
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Market context
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Price figures
Earnings-multiple scenario
Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.
Starting assumptions, when available, use provider forward estimates as of 2026-09-20. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.
THE RESEARCH RECORD
Research history for BMY
Q2 20262026-07-31
Bristol Myers Squibb (BMY): The Best Quarter Before the Cliff | Q2 2026
Presentation · 2026-07-31 · YouTube
Short takes Q2 2026
BMY: The Best Quarter Before the Cliff #shorts
Watch Short on YouTube
Q1 20262026-05-01
BMY Stock: Q1 2026 Earnings Analysis
Presentation · 2026-05-01 · YouTube