Bristol Myers Squibb Company (BMY) vs Sanofi (SNY)

Bristol Myers Squibb Company and Sanofi are both Drug Manufacturers General companies. Bristol Myers Squibb Company is the larger, with a market value of $125.9B against $97.4B — 1.3× the size. Bristol Myers Squibb Company trades at the lower P/E: 13.8× against 21.5×. Sanofi grew revenue faster over the last twelve months: 21.3% against 3.11%. Bristol Myers Squibb Company has the higher net margin (18.9% vs 8.22%) and the higher return on invested capital (13.7% vs 6.58%). Both pay a dividend; Bristol Myers Squibb Company yields more (5.04% vs 4.40%). Across the 23 metrics below, Bristol Myers Squibb Company leads on 12 and Sanofi on 11.

Valuation

Metric BMY SNY Drug Manufacturers General median
P/E 13.85 21.52 24.72
P/S 2.61 1.73 3.35
P/B 5.75 1.22 5.00
Price to free cash flow 11.22 6.77 17.68
EV/EBITDA 10.63 11.19 13.91
EV/Sales 3.26 2.04 3.95
Earnings yield 7.22% 4.65% 2.92%
Free cash flow yield 8.91% 14.78% 4.42%

Profitability

Metric BMY SNY Drug Manufacturers General median
Gross margin 70.16% 72.78% 72.77%
Operating margin 24.22% 18.24% 18.90%
Net margin 18.87% 8.22% 8.27%
Free cash flow margin 23.26% 25.53% 17.25%
Return on equity 46.63% 5.87% 6.97%
Return on assets 10.18% 3.21% 2.76%
Return on invested capital 13.69% 6.58% 6.30%

Growth

Metric BMY SNY Drug Manufacturers General median
Revenue growth (TTM) 3.11% 21.30% 6.79%
EPS growth (last fiscal year) 178.46% 45.97% —
Revenue growth, 5-year CAGR 2.54% 4.37% 3.98%
Net income growth, 5-year CAGR 0.00% (8.87%) 0.42%

Health

Metric BMY SNY Drug Manufacturers General median
Debt to equity 1.93 0.31 0.63
Current ratio 1.53 0.99 1.32
Net debt to EBITDA 2.58 0.76 1.15

Dividend

Metric BMY SNY Drug Manufacturers General median
Dividend yield 5.04% 4.40% 3.57%
Payout ratio 0.60 0.52 0.53

Size

Metric BMY SNY Drug Manufacturers General median
Market cap 125.91b 97.44b 125.91b

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