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Bristol-Myers Squibb BMY Free cash flow yield

Free cash flow yield at other companies

Pfizer logo
PfizerPFE
7.8%+4.6pp
Johnson & Johnson logo
Johnson & JohnsonJNJ
3%-2.1pp
Merck & Co. logo
Merck & Co.MRK
4.7%-2.8pp
Incyte logo
IncyteINCY
8.1%+4.9pp
Gilead Sciences logo
Gilead SciencesGILD
5.9%-1.1pp
Neurocrine Biosciences logo
Neurocrine BiosciencesNBIX
6.3%+1.8pp

Other financials

Income statement

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Revenue$11.5B+2.6%
Gross profit$8.1B-1.2%
Net income$2.7B+9.0%
EPS (diluted)$1.31+9.2%

Balance sheet

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Cash & equivalents$9.6B-12.0%
Total debt$44.7B-10.5%
Total equity$20.1B+15.4%
Total assets$86.5B-6.4%

Cash flow

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Operating cash flow$1.1B-43.5%
CapEx$347.0M+33.5%
Free cash flow$757.0M-55.3%

Valuation

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Market cap$112.89B-0.2%
Enterprise value$147.97B-2.6%
P/E15.5×-5.6×
P/S2.3×0.0×

Profitability

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Gross margin70.5%0.0pp
Net margin15%+3.8pp

Returns & leverage

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Return on equity38.8%+7.3pp
Debt / equity2.2×-0.6×
Current ratio1.4×+0.1×

Where this comes from

Calculated from Bristol-Myers Squibb’s reported figures.

Based on trailing twelve months.

The official record: Bristol-Myers Squibb’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Bristol-Myers Squibb's free cash flow yield?
Bristol-Myers Squibb (BMY) reported free cash flow yield of 9.6% in Q1 2026.
How has Bristol-Myers Squibb's free cash flow yield changed year-over-year?
Bristol-Myers Squibb's free cash flow yield decreased by 8.8% year-over-year, from 10.5% to 9.6%.
What is the long-term trend for Bristol-Myers Squibb's free cash flow yield?
Over 4 years (2021 to 2025), Bristol-Myers Squibb's free cash flow yield has grown at a 8.3% compound annual growth rate (CAGR), from 39.4% to 54.1%.
What does free cash flow yield mean?
The spendable cash the business throws off each year as a percentage of its market price.
How do you interpret free cash flow yield?
Higher yield can mean better value — you pay less for each dollar of cash generated. A useful sanity check against earnings-based multiples, which non-cash items can distort.
How does free cash flow yield compare across companies?
Comparable across cash-generative companies; less meaningful for firms in heavy-investment phases with temporarily negative FCF.