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Bristol-Myers Squibb Company

Bristol-Myers Squibb Company

NYSE•BMY
CEO: Dr. Christopher S. Boerner Ph.D.
Sector: Healthcare
Industry: Drug Manufacturers - General
Listing Date: 1972-06-01
Bristol-Myers Squibb Company discovers, develops, licenses, manufactures, markets, distributes, and sells biopharmaceutical products worldwide. It offers products for hematology, oncology, cardiovascular, immunology, fibrotic, and neuroscience diseases. The company's products include Eliquis for reduction in risk of stroke/systemic embolism in non-valvular atrial fibrillation, and for the treatment of DVT/PE; Opdivo for various anti-cancer indications, including bladder, blood, CRC, head and neck, RCC, HCC, lung, melanoma, MPM, stomach and esophageal cancer; Pomalyst/Imnovid for multiple myeloma; Orencia for active rheumatoid arthritis and psoriatic arthritis; and Sprycel for the treatment of Philadelphia chromosome-positive chronic myeloid leukemia. It also provides Yervoy for the treatment of patients with unresectable or metastatic melanoma; Empliciti for the treatment of multiple myeloma; Abecma for the treatment of relapsed or refractory multiple myeloma; Reblozyl for the treatment of anemia; Opdualag for the treatment of unresectable or metastatic melanoma; and Zeposia to treat relapsing forms of multiple sclerosis. In addition, the company offers Breyanzi for the treatment of relapsed or refractory large B-cell lymphoma; Onureg for the treatment of AML; Inrebic for the treatment of myelofibrosis; Camzyos for the treatment of symptomatic obstructive HCM to enhance functional capacity and symptom; Sotyktu for the treatment of moderate-to-severe plaque psoriasis; Augtyro for the treatment of locally advanced or metastatic ROS1-positive NSCLC; Revlimid, an oral immunomodulatory drug for the treatment of multiple myeloma; and Abraxane to treat breast cancer, NSCLC and pancreatic cancer. It sells products to wholesalers, distributors, pharmacies, retailers, hospitals, clinics, and government agencies. The company was formerly known as Bristol-Myers Company. Bristol-Myers Squibb Company was founded in 1887 and is headquartered in Princeton, New Jersey.
Contact Information
Route 206 & Province Line Road, Princeton, NJ, 08543, United States
609-252-4621
www.bms.com
Market Cap
$106.69B
P/E (TTM)
17.7
48.2
Dividend Yield
4.7%
52W High
$63.33
52W Low
$42.52
52W Range
48%
Rank28Top 11.6%
5.7
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.7 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$12.22B+2.77%
4-Quarter Trend

EPS

$1.08+80.00%
4-Quarter Trend

FCF

$5.99B+13.75%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Earnings Rebound Strong Net earnings attributable to BMS $5.97B for nine months 2025, reversing prior year loss of ($9.02B).
Growth Portfolio Revenue Up Growth Portfolio revenue reached $19.02B year-to-date, marking an 17% increase over 2024 figures.
Expenses Significantly Lower Total Expenses decreased 37% to $27.83B, largely due to lower IPRD charges compared to 2024.
Strong Cash Position Total cash, cash equivalents, and marketable debt securities stood at $16.91B on September 30, 2025.

Risk Factors

Legacy Product Erosion Revlimid revenue declined 47% year-to-date to $2.35B due to ongoing generic erosion in key markets.
Regulatory Pricing Headwinds HHS announced maximum fair price for Eliquis under IRA, effective January 2026, impacting future pricing.
Tax Benefit Uncertainty Unrecognized tax benefits could decrease by $260M to $300M over the next twelve months due to audit settlements.
CVR Litigation Ongoing Contingent Value Rights litigation remains pending appeal after the initial dismissal for lack of subject matter jurisdiction.

Outlook

Pipeline Expansion Via Acquisition Entered agreement to acquire Orbital Therapeutics for $1.5B cash to gain rights to preclinical RNA medicine OTX-201.
Cost Savings Initiative Progress Expect annual cost savings of approximately $2.0B by the end of 2027 from ongoing productivity initiative expansion.
New Strategic Collaboration Entered global collaboration with BioNTech to co-develop and commercialize investigational bispecific antibody pumitamig.
Multiple 2025 Approvals Achieved several key regulatory approvals in 2025, including Breyanzi in EU and Opdivo + Yervoy in Japan/EU.

Peer Comparison

Revenue (TTM)

CVS Health CorporationCVS
$394.08B
+6.8%
McKesson CorporationMCK
$387.09B
+17.2%
The Cigna GroupCI
$268.13B
+15.3%

Gross Margin (Latest Quarter)

Vertex Pharmaceuticals IncorporatedVRTX
86.5%
+0.7pp
Pfizer Inc.PFE
74.9%
+14.1pp
SanofiSNY
74.1%
+2.9pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
PFE$146.95B15.010.9%29.6%
SNY$118.65B11.212.4%16.8%
HCA$117.67B18.4-161.9%77.6%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-0.3%
Flat Growth
4Q Net Income CAGR
212.7%
Profitability Improved
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Apr 30, 2026
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EPS:-
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Revenue:-
Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Oct 30, 2025|
    Revenue: $12.22B+2.8%
    |
    EPS: $1.08+80.0%
    Miss
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Jul 31, 2025|
    Revenue: $12.27B+0.6%
    |
    EPS: $0.64-22.9%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: Apr 24, 2025|
    Revenue: $11.20B-5.6%
    |
    EPS: $1.21-120.5%
    Miss
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 12, 2025|
    Revenue: $48.30B+7.3%
    |
    EPS: $-4.41-213.7%
    Miss
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Oct 31, 2024|
    Revenue: $11.89B+8.4%
    |
    EPS: $0.60-36.2%
    Miss
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Jul 26, 2024|
    Revenue: $12.20B+8.7%
    |
    EPS: $0.83-16.2%
    Miss
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: Apr 25, 2024|
    Revenue: $11.87B+4.7%
    |
    EPS: $-5.89-645.4%
    Miss
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 13, 2024|
    Revenue: $45.01B-2.5%
    |
    EPS: $3.88+30.6%
    Beat