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Bristol-Myers Squibb BMY Return on invested capital

Return on invested capital at other companies

Pfizer logo
PfizerPFE
6%
Johnson & Johnson logo
Johnson & JohnsonJNJ
19.2%+1.3pp
Merck & Co. logo
Merck & Co.MRK
10.8%-12.8pp
Incyte logo
IncyteINCY
62.6%+24.7pp
Gilead Sciences logo
Gilead SciencesGILD
23.7%+4.4pp
Oruka Therapeutics, Inc. logo
Oruka Therapeutics, Inc.ORKA
-37%

Other financials

Income statement

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Revenue$13.0B+5.7%
Gross profit$9.2B+3.9%
Net income$3.3B+153%
EPS (diluted)$1.62+153%

Balance sheet

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Cash & equivalents$8.7B-30.8%
Total debt$43.3B-12.3%
Total equity$22.3B+28.0%
Total assets$87.6B-7.4%

Cash flow

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Operating cash flow$3.4B-13.4%
CapEx$305.0M-15.5%
Free cash flow$3.1B-13.2%

Valuation

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Market cap$133.41B+44.4%
Enterprise value$168.01B+30.1%
P/E14.4×-4.2×
P/S2.7×+0.8×

Profitability

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Gross margin70.2%-0.1pp
Net margin18.9%+8.4pp
FCF margin23.3%-7.3pp

Returns & leverage

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Return on equity46.7%+17.8pp
Debt / equity1.9×-0.9×
Current ratio1.5×+0.3×

Where this comes from

Calculated from Bristol-Myers Squibb’s reported figures.

Based on trailing twelve months.

The source filing: Bristol-Myers Squibb’s 10-Q, filed July 30, 2026. Open the filing →

Filed
Jul 30, 2026, 11:10 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000014272-26-000020

FAQ

What is Bristol-Myers Squibb's return on invested capital?
Bristol-Myers Squibb (BMY) reported return on invested capital of 16.7% in Q2 2026.
How has Bristol-Myers Squibb's return on invested capital changed year-over-year?
Bristol-Myers Squibb's return on invested capital increased by 100.5% year-over-year, from 8.3% to 16.7%.
What is the long-term trend for Bristol-Myers Squibb's return on invested capital?
Over 5 years (2020 to 2025), Bristol-Myers Squibb's return on invested capital has grown at a 8.0% compound annual growth rate (CAGR), from -8.5% to 12.5%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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