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Bristol-Myers Squibb BMY Price / earnings

Price / earnings at other companies

Pfizer logo
PfizerPFE
14.7×
Johnson & Johnson logo
Johnson & JohnsonJNJ
28×+9.7×
Merck & Co. logo
Merck & Co.MRK
33.3×+20.3×
Incyte logo
IncyteINCY
13.1×-538×
Gilead Sciences logo
Gilead SciencesGILD
18.8×-4.6×
Neurocrine Biosciences logo
Neurocrine BiosciencesNBIX
19.8×-16.3×

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/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 the most recent quarter.

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 price / earnings?
Bristol-Myers Squibb (BMY) reported price / earnings of 17× in Q1 2026.
How has Bristol-Myers Squibb's price / earnings changed year-over-year?
Bristol-Myers Squibb's price / earnings decreased by 26.7% year-over-year, from 23.2× to 17×.
What is the long-term trend for Bristol-Myers Squibb's price / earnings?
Over 2 years (2022 to 2025), Bristol-Myers Squibb's price / earnings has grown at a -12.8% compound annual growth rate (CAGR), from 96.5× to 73.4×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.