Bristol Myers Squibb Company

BMY Healthcare Drug Manufacturers General

Bristol Myers Squibb Company’s revenue for fiscal 2025 (year ended December 2025) was $48.2 billion, roughly unchanged from fiscal 2024.

Revenue
+6.93%
EPS
−2.02%
Free cash flow
−36.0%
Total debt
−12.5%

Quarter to September 2026, against a year earlier

62.62 0.51 −0.81%
Market cap
$129.0B
P/E
14.0×
Fwd P/E
11.9×
Dividend yield
3.99%
F-score
8/9
Altman Z
2.14
Beneish M
−2.69
Dividend safety
63/100

Bristol Myers Squibb Company (BMY) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Bristol Myers Squibb Company (BMY) trades at a price to free cash flow of 13.9×. Over the past ten years it has ranged from 5.7× (October 2025) to 382× (June 2016); the current reading is higher than 64% of that period. That is below the Drug Manufacturers General industry median of 21.3× and below the Healthcare sector median of 21.1×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 8.5× 3.87%
FY2024 8.2× (4.70%)
FY2023 8.6× (33.02%)
FY2022 12.9× 41.71%
FY2021 9.1× (13.69%)
FY2020 10.5× (29.04%)
FY2019 14.8× 6.92%
FY2018 13.9× (41.92%)
FY2017 23.9× (55.66%)
FY2016 53.9× (39.60%)

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 13.7× 33.48%
Jun 2026 10.3× (0.92%)
Mar 2026 10.4× 21.53%
Dec 2025 8.5× 42.34%
43 more quarters

Against its own ten years

Low 5.7× High 382×
Ten-year median 12.0×
Current reading's percentile 64

Price to free cash flow against peers

Company Price to free cash flow
SNY Sanofi compare 6.7×
GSK GSK PLC Sponsored ADR compare 11.4×
BMY Bristol Myers Squibb Company 13.9×
GILD Gilead Sciences, Inc. compare 15.1×
PFE Pfizer Inc. compare 15.5×
NVS Novartis AG compare 21.7×
NVO Novo Nordisk A/S compare 23.5×
AMGN Amgen Inc. compare 27.3×
AZN AstraZeneca PLC compare 45.8×
Drug Manufacturers General industry median 21.3×
Healthcare sector median 21.1×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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