BMY Chart
About

Bristol-Myers Squibb Company discovers, develops, licenses, manufactures, markets, distributes, and sells biopharmaceutical products worldwide. It offers products for oncology, hematology, immunology, cardiovascular, neuroscience, and other areas. The company's products include Opdivo for various anti-cancer indications; Opdivo Qvantig, a subcutaneous PD-1 inhibitor for solid tumorsr; Orencia for active rheumatoid arthritis and psoriatic arthritis; Yervoy for the treatment of patients with unresectable or metastatic melanoma; Reblozyl to treat anemia; Breyanzi for the treatment of patients with relapsed or refractory large B-cell lymphoma; Opdualag for the treatment of unresectable or metastatic melanoma; and Camzyos to treat symptomatic obstructive HCM to improve functional capacity and symptom. It also offers Zeposia to treat relapsing forms of multiple sclerosis; Abecma for the treatment of patients with relapsed or refractory multiple myeloma; Sotyktu for the treatment of moderate-to-severe plaque psoriasis; Krazati for the treatment of adult patients with KRASG12C-mutated locally advanced or metastatic non-small cell lung cancer (NSCLC); and Cobenfy to treat schizophrenia. In addition, it offers Eliquis for a reduction in risk of stroke/systemic embolism in non-valvular atrial fibrillation and for the treatment of DVT/PE; Revlimid, an oral immunomodulatory drug to treat multiple myeloma; Pomalyst/Imnovid for multiple myeloma; Sprycel for Philadelphia chromosome-positive chronic myeloid leukemia; and Abraxane for the treatment of breast cancer. Further, it provides Augtyro for the treatment of locally advanced or metastatic ROS1-positive NSCLC; and NSCLC and pancreatic cancer. It sells products to wholesalers, distributors, specialty pharmacies, and to a lesser extent, retailers, hospitals, clinics, and government agencies. The company was formerly known as Bristol-Myers Company. The company was founded in 1887 and is headquartered in Princeton, New Jersey.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Drug Manufacturers - Gen Market Cap 125.45B
Enterprise Value 161.99B Income 7.05B Sales 48.19B
Book/sh 9.07 Cash/sh 5.24 Dividend Yield 4.09%
Payout 71.97% Employees 32500 IPO —
P/E 17.80 Forward P/E 10.07 PEG —
P/S 2.60 P/B 6.79 P/C —
EV/EBITDA 8.47 EV/Sales 3.36 Quick Ratio 1.08
Current Ratio 1.25 Debt/Eq 254.98 LT Debt/Eq —
EPS (ttm) 3.46 EPS next Y 6.12 EPS Growth 13.92%
Revenue Growth 1.30% Earnings 2026-04-30 ROA 10.29%
ROE 40.44% ROIC — Gross Margin 72.62%
Oper. Margin 28.16% Profit Margin 14.64% Shs Outstand 2.04B
Shs Float 2.03B Short Float 1.47% Short Ratio 2.42
Short Interest — 52W High 63.33 52W Low 42.52
Beta 0.29 Avg Volume 14.41M Volume 12.91M
Target Price $61.83 Recom Buy Prev Close $61.25
Price $61.60 Change 0.57%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$61.83
Mean price target
2. Current target
$61.60
Latest analyst target
3. DCF / Fair value
$98.53
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$61.60
Low
$40.00
High
$75.00
Mean
$61.83

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-23 main Piper Sandler Overweight → Overweight $75
2026-02-20 init Barclays — → Overweight $75
2026-02-06 main Citigroup Neutral → Neutral $64
2026-02-06 main Wells Fargo Equal-Weight → Equal-Weight $60
2026-02-06 main Guggenheim Buy → Buy $72
2026-01-28 main Piper Sandler Overweight → Overweight $66
2026-01-27 main Citigroup Neutral → Neutral $60
2026-01-13 main Leerink Partners Outperform → Outperform $60
2026-01-09 main Scotiabank Sector Perform → Sector Perform $60
2026-01-07 main Citigroup Neutral → Neutral $53
2026-01-07 up UBS Neutral → Buy $65
2025-12-15 up B of A Securities Neutral → Buy $61
2025-12-12 main Morgan Stanley Underweight → Underweight $37
2025-12-12 up Guggenheim Neutral → Buy $62
2025-12-10 main Wells Fargo Equal-Weight → Equal-Weight $55
2025-12-04 main Scotiabank Sector Perform → Sector Perform $53
2025-12-02 main Goldman Sachs Neutral → Neutral $57
2025-11-17 main Citigroup Neutral → Neutral $45
2025-08-01 main Citigroup Neutral → Neutral $47
2025-07-10 main Morgan Stanley Underweight → Underweight $34
Insider Transactions
Date Shares Url Text Insider Position Transaction Start Date Ownership Value
0 10079 — — HICKEY BENJAMIN J Officer — 2026-01-30 00:00:00 D nan
1 2543 — — MEYERS GREGORY SCOTT Chief Technology Officer — 2026-01-30 00:00:00 D nan
2 6281 — — MEYERS GREGORY SCOTT Chief Technology Officer — 2025-10-31 00:00:00 D nan
3 6281 — — SHANAHAN KARIN Officer — 2025-10-31 00:00:00 D nan
4 2964 — — BOERNER CHRISTOPHER S Chief Executive Officer — 2025-10-31 00:00:00 D nan
5 4558 — — GALLMAN CARI General Counsel — 2025-10-02 00:00:00 D nan
6 56000 — Sale at price 47.33 per share. ELKINS DAVID VINCENT Chief Financial Officer — 2025-09-02 00:00:00 D 2650480.0
7 1235 — — SHORT BARTIE WENDY Officer — 2025-08-29 00:00:00 D nan
8 1061 — — GALLMAN CARI General Counsel — 2025-08-01 00:00:00 D nan
9 378 — Sale at price 44.23 per share. SHORT BARTIE WENDY Officer — 2025-08-01 00:00:00 D 16719.0
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems-1.15B-2.93B-41.03M-388.16M
TaxRateForCalcs0.240.210.050.18
NormalizedEBITDA19.95B17.10B20.24B21.41B
TotalUnusualItems-4.71B-13.93B-873.00M-2.19B
TotalUnusualItemsExcludingGoodwill-4.71B-13.93B-873.00M-2.19B
NetIncomeFromContinuingOperationNetMinorityInterest7.05B-8.95B8.03B6.33B
ReconciledDepreciation4.01B9.60B9.76B10.28B
ReconciledCostOfRevenue13.24B13.24B9.98B9.46B
EBITDA15.23B3.17B19.37B19.22B
EBIT11.22B-6.43B9.61B8.95B
NetInterestIncome-1.89B-1.95B-1.17B-1.23B
InterestExpense1.89B1.95B1.17B1.23B
NormalizedIncome10.62B2.06B8.86B8.13B
NetIncomeFromContinuingAndDiscontinuedOperation7.05B-8.95B8.03B6.33B
TotalExpenses34.47B42.41B36.81B37.05B
DilutedAverageShares2.04B2.03B2.08B2.15B
BasicAverageShares2.03B2.03B2.07B2.13B
DilutedEPS3.46-4.413.862.95
BasicEPS3.47-4.413.882.97
DilutedNIAvailtoComStockholders7.05B-8.95B8.03B6.33B
NetIncomeCommonStockholders7.05B-8.95B8.03B6.33B
NetIncome7.05B-8.95B8.03B6.33B
MinorityInterests-2.00M-15.00M-15.00M-18.00M
NetIncomeIncludingNoncontrollingInterests7.05B-8.93B8.04B6.34B
NetIncomeContinuousOperations7.05B-8.93B8.04B6.34B
TaxProvision2.27B554.00M400.00M1.37B
PretaxIncome9.33B-8.38B8.44B7.71B
OtherIncomeExpense-2.50B-12.32B1.41B-159.00M
OtherNonOperatingIncomeExpenses2.21B1.61B2.28B2.03B
SpecialIncomeCharges-5.22B-14.43B-1.16B-1.56B
GainOnSaleOfBusiness-15.00M0.00211.00M9.00M
OtherSpecialCharges434.00M84.00M-390.00M444.00M
ImpairmentOfCapitalAssets47.00M29.00M0.000.00
RestructuringAndMergernAcquisition4.79B14.34B1.55B1.33B
EarningsFromEquityInterest-160.00M-801.00M745.00M
GainOnSaleOfSecurity510.00M494.00M289.00M-630.00M
NetNonOperatingInterestIncomeExpense-1.89B-1.95B-1.17B-1.23B
InterestExpenseNonOperating1.89B1.95B1.17B1.23B
OperatingIncome13.72B5.89B8.20B9.10B
OperatingExpense20.54B28.45B26.12B26.92B
OtherTaxes0.00
DepreciationAmortizationDepletionIncomeStatement3.32B8.87B9.05B9.60B
DepreciationAndAmortizationInIncomeStatement3.32B8.87B9.05B9.60B
Amortization3.32B8.87B9.05B9.60B
AmortizationOfIntangiblesIncomeStatement3.32B8.87B9.05B9.60B
ResearchAndDevelopment9.95B11.16B9.30B9.51B
SellingGeneralAndAdministration7.27B8.41B7.77B7.81B
SellingAndMarketingExpense7.81B7.69B
GeneralAndAdministrativeExpense7.81B7.67B
OtherGandA7.81B7.69B
SalariesAndWages-15.00M
GrossProfit34.26B34.33B34.31B36.02B
CostOfRevenue13.94B13.97B10.69B10.14B
TotalRevenue48.20B48.30B45.01B46.16B
OperatingRevenue47.20B47.26B44.39B45.41B
Line Item2025-12-312024-12-312023-12-312022-12-31
TreasurySharesNumber887.00M894.00M902.00M825.00M
PreferredSharesNumber3.48K3.48K3.48K3.48K
OrdinarySharesNumber2.04B2.03B2.02B2.08B
ShareIssued2.92B2.92B2.92B2.90B
NetDebt34.90B39.30B28.31B30.20B
TotalDebt47.14B51.20B41.46B40.72B
TangibleBookValue-22.63B-29.03B-19.22B-26.44B
InvestedCapital63.58B65.98B69.20B70.38B
WorkingCapital5.97B6.01B9.51B5.38B
NetTangibleAssets-22.63B-29.03B-19.22B-26.44B
CapitalLeaseObligations2.03B1.55B1.69B1.40B
CommonStockEquity18.47B16.34B29.43B31.06B
TotalCapitalization61.32B63.94B66.08B66.12B
TotalEquityGrossMinorityInterest18.51B16.39B29.48B31.12B
MinorityInterest33.00M53.00M55.00M57.00M
StockholdersEquity18.47B16.34B29.43B31.06B
GainsLossesNotAffectingRetainedEarnings-1.52B-1.24B-1.55B-1.28B
OtherEquityAdjustments40.00M378.00M4.00M232.00M
ForeignCurrencyTranslationAdjustments-997.00M-968.00M-812.00M-890.00M
MinimumPensionLiabilities-566.00M-648.00M-738.00M-623.00M
TreasuryStock43.58B43.66B43.77B38.62B
RetainedEarnings16.90B14.91B28.77B25.50B
AdditionalPaidInCapital46.39B46.02B45.68B45.16B
CapitalStock292.00M292.00M292.00M292.00M
CommonStock292.00M292.00M292.00M292.00M
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest71.53B76.22B65.67B65.70B
TotalNonCurrentLiabilitiesNetMinorityInterest48.12B52.44B43.41B43.81B
OtherNonCurrentLiabilities824.00M522.00M396.00M303.00M
EmployeeBenefits330.00M400.00M480.00M402.00M
NonCurrentPensionAndOtherPostretirementBenefitPlans330.00M400.00M480.00M402.00M
TradeandOtherPayablesNonCurrent1.41B1.49B3.29B3.99B
NonCurrentDeferredLiabilities878.00M1.05B1.06B2.80B
NonCurrentDeferredRevenue169.00M230.00M300.00M283.00M
NonCurrentDeferredTaxesLiabilities222.00M369.00M338.00M2.17B
LongTermDebtAndCapitalLeaseObligation44.68B48.97B38.18B36.32B
LongTermCapitalLeaseObligation1.83B1.37B1.53B1.26B
LongTermDebt42.85B47.60B36.65B35.06B
CurrentLiabilities23.42B23.77B22.26B21.89B
OtherCurrentLiabilities13.07B12.91B11.50B10.57B
CurrentDebtAndCapitalLeaseObligation2.46B2.23B3.28B4.40B
CurrentCapitalLeaseObligation202.00M181.00M162.00M136.00M
CurrentDebt2.26B2.05B3.12B4.26B
OtherCurrentBorrowings2.26B2.05B3.12B4.26B
PensionandOtherPostRetirementBenefitPlansCurrent1.56B1.69B1.29B1.43B
PayablesAndAccruedExpenses6.32B6.95B6.19B5.50B
CurrentAccruedExpenses484.00M572.00M349.00M321.00M
InterestPayable484.00M572.00M349.00M321.00M
Payables5.84B6.37B5.84B5.18B
DividendsPayable1.28B1.26B1.21B1.20B
TotalTaxPayable979.00M1.51B1.37B942.00M
IncomeTaxPayable979.00M1.51B1.37B942.00M
AccountsPayable3.58B3.60B3.26B3.04B
TotalAssets90.04B92.60B95.16B96.82B
TotalNonCurrentAssets60.65B62.82B63.39B69.55B
OtherNonCurrentAssets2.20B2.12B1.15B752.00M
DefinedPensionBenefit330.00M234.00M284.00M285.00M
NonCurrentDeferredAssets5.38B4.24B2.77B1.34B
NonCurrentDeferredTaxesAssets5.38B4.24B2.77B1.34B
NonCurrentAccountsReceivable436.00M
InvestmentsAndAdvances2.51B2.51B2.50B2.19B
InvestmentinFinancialAssets411.00M772.00M800.00M0.00
HeldToMaturitySecurities15.00M452.00M436.00M0.00
AvailableForSaleSecurities396.00M320.00M364.00M2.71B
LongTermEquityInvestment2.10B1.74B1.70B2.19B
GoodwillAndOtherIntangibleAssets41.11B45.36B48.65B57.50B
OtherIntangibleAssets19.35B23.64B27.48B36.35B
Goodwill21.75B21.72B21.17B21.15B
NetPPE9.12B8.36B8.04B7.47B
AccumulatedDepreciation-5.29B-4.95B-4.80B-4.16B
GrossPPE14.42B13.31B12.84B11.64B
ConstructionInProgress1.62B1.52B1.07B1.05B
OtherProperties1.58B1.22B1.39B1.22B
MachineryFurnitureEquipment3.79B3.82B3.72B3.28B
BuildingsAndImprovements7.27B6.58B6.50B5.92B
LandAndImprovements157.00M161.00M162.00M162.00M
Properties0.000.000.000.00
CurrentAssets29.39B29.78B31.77B27.27B
OtherCurrentAssets1.50B1.94B1.51B1.60B
RestrictedCash0.0055.00M148.00M140.00M
Inventory2.69B2.56B2.66B2.34B
OtherInventories-484.00M-909.00M
FinishedGoods509.00M543.00M
WorkInProcess1.85B2.11B
RawMaterials464.00M350.00M
Receivables14.53B14.42B15.26B13.94B
OtherReceivables2.01B2.12B2.46B2.24B
TaxesReceivable2.92B3.29B3.93B3.55B
AccountsReceivable9.59B9.01B8.88B8.15B
AllowanceForDoubtfulAccountsReceivable-1.78B-945.00M-669.00M-697.00M
GrossAccountsReceivable11.37B9.96B9.55B8.85B
CashCashEquivalentsAndShortTermInvestments10.67B10.86B12.28B9.25B
OtherShortTermInvestments464.00M513.00M816.00M130.00M
CashAndCashEquivalents10.21B10.35B11.46B9.12B
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow12.85B13.94B12.65B11.95B
RepurchaseOfCapitalStock0.000.00-5.16B-8.00B
RepaymentOfDebt-10.94B-5.87B-4.00B-11.43B
IssuanceOfDebt5.76B15.97B4.46B6.12B
CapitalExpenditure-1.31B-1.25B-1.21B-1.12B
EndCashPosition10.22B10.35B11.52B9.32B
BeginningCashPosition10.35B11.52B9.32B14.32B
EffectOfExchangeRateChanges195.00M-137.00M45.00M-33.00M
ChangesInCash-324.00M-1.03B2.15B-4.96B
FinancingCashFlow-10.35B5.13B-9.42B-16.96B
CashFlowFromContinuingFinancingActivities-10.35B5.13B-9.42B-16.96B
NetOtherFinancingCharges641.00M
ProceedsFromStockOptionExercised-128.00M-106.00M27.00M984.00M
CashDividendsPaid-5.04B-4.86B-4.74B-4.63B
CommonStockDividendPaid-5.04B-4.86B-4.74B-4.63B
NetCommonStockIssuance0.000.00-5.16B-8.00B
CommonStockPayments0.000.00-5.16B-8.00B
NetIssuancePaymentsOfDebt-5.17B10.10B456.00M-5.31B
NetShortTermDebtIssuance25.00M86.00M-120.00M194.00M
ShortTermDebtPayments0.00-3.00B-120.00M0.00
ShortTermDebtIssuance25.00M3.09B0.00194.00M
NetLongTermDebtIssuance-5.20B10.01B576.00M-5.50B
LongTermDebtPayments-10.94B-2.87B-3.88B-11.43B
LongTermDebtIssuance5.74B12.88B4.46B5.93B
InvestingCashFlow-4.13B-21.35B-2.29B-1.06B
CashFlowFromContinuingInvestingActivities-4.13B-21.35B-2.29B-1.06B
NetInvestmentPurchaseAndSale52.00M618.00M-826.00M3.04B
SaleOfInvestment2.05B1.39B948.00M6.63B
PurchaseOfInvestment-2.00B-769.00M-1.77B-3.59B
NetBusinessPurchaseAndSale-2.87B-20.72B-260.00M-2.98B
SaleOfBusiness1.07B1.10B909.00M1.30B
PurchaseOfBusiness-3.94B-21.82B-1.17B-4.29B
CapitalExpenditureReported-1.31B-1.25B-1.21B-1.12B
OperatingCashFlow14.16B15.19B13.86B13.07B
CashFlowFromContinuingOperatingActivities14.16B15.19B13.86B13.07B
ChangeInWorkingCapital-455.00M810.00M-1.91B-2.23B
ChangeInOtherWorkingCapital30.00M2.11B237.00M-183.00M
ChangeInPayablesAndAccruedExpense-6.00M-1.08B-405.00M-1.31B
ChangeInPayable-6.00M-1.08B-405.00M-1.31B
ChangeInAccountPayable-2.00M184.00M198.00M109.00M
ChangeInTaxPayable-4.00M-1.26B-603.00M-1.42B
ChangeInIncomeTaxPayable-4.00M-1.26B-603.00M-1.42B
ChangeInInventory-184.00M-486.00M-751.00M-69.00M
ChangeInReceivables-295.00M264.00M-995.00M-663.00M
OtherNonCashItems4.30B13.47B1.21B1.04B
StockBasedCompensation553.00M507.00M518.00M457.00M
AssetImpairmentCharge1.10B2.96B255.00M179.00M
DeferredTax-965.00M-2.09B-3.29B-2.74B
DeferredIncomeTax-965.00M-2.09B-3.29B-2.74B
DepreciationAmortizationDepletion4.01B9.60B9.76B10.28B
DepreciationAndAmortization4.01B9.60B9.76B10.28B
OperatingGainsLosses-1.45B-1.14B-724.00M-262.00M
PensionAndEmployeeBenefitExpense35.00M
EarningsLossesFromEquityInvestments-280.00M-16.00M160.00M801.00M
GainLossOnSaleOfBusiness-1.17B-1.12B-884.00M-1.06B
NetIncomeFromContinuingOperations7.05B-8.93B8.04B6.34B
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for BMY
Date User Asset Broker Type Position Size Entry Price Patterns