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. In the quarter to June 2026, revenue grew 5.74%, EPS grew 153.1%, free cash flow fell 13.2% and total debt fell 12.3%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years.

59.71 0.86 −1.42%
Market cap
$123.7B
P/E
13.2×
Fwd P/E
11.2×
Dividend yield
4.22%
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 16 October 2026, Bristol Myers Squibb Company (BMY) trades at a price to free cash flow of 10.7×. Over the past ten years it has ranged from 5.7× (October 2025) to 382× (June 2016); the current reading is higher than 34% of that period. That is below the Drug Manufacturers General industry median of 16.5× and below the Healthcare sector median of 20.2×.

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
Jun 2026 10.3× (0.92%)
Mar 2026 10.4× 21.53%
Dec 2025 8.5× 42.34%
Sep 2025 6.0× (7.13%)
42 more quarters

Against its own ten years

Low 5.7× High 382×
Ten-year median 12.0×
Current reading's percentile 34

Price to free cash flow against peers

Company Price to free cash flow
SNY Sanofi compare 6.7×
BMY Bristol Myers Squibb Company 10.7×
GSK GSK PLC Sponsored ADR compare 13.0×
GILD Gilead Sciences, Inc. compare 15.0×
PFE Pfizer Inc. compare 16.5×
NVS Novartis AG compare 18.9×
NVO Novo Nordisk A/S compare 22.6×
AMGN Amgen Inc. compare 24.0×
AZN AstraZeneca PLC compare 40.9×
Drug Manufacturers General industry median 16.5×
Healthcare sector median 20.2×
Market median 14.2×

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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