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NYSE · PHARMACEUTICAL PREPARATIONS · LARGE CAP

Bristol Myers Squibb Co. BMY

19 fiscal years on record · USD · FY2025 reported · SEC filings only
18 YEARS OF DIVIDEND GROWTH
$48.2B
▼ 0.2% YoY
$7.1B
$12.8B
▼ 7.9% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Bristol-Myers Squibb discovers, develops, licenses, manufactures, markets, distributes and sells medicines. Its marketed chemical products include Eliquis, Revlimid, Pomalyst, Sprycel, Zeposia, Camzyos, Sotyktu, Krazati and Cobenfy. Among the biologics it markets are Opdivo, Opdivo Qvantig, Orencia, Yervoy, Reblozyl, Breyanzi, Opdualag and Abecma. Its products are sold worldwide, principally to wholesalers, distributors and specialty pharmacies and, to a lesser extent, to retailers, hospitals, clinics, government agencies and directly to patients. As of December 31, 2025, the company had approximately 32,500 employees in 43 countries. Its significant biologics, cell therapy and pharmaceutical manufacturing facilities are located in the U.S., Puerto Rico, the Netherlands, Ireland and Switzerland. The business is run as a single segment. Incorporated under the laws of the State of Delaware in August 1933 under the name Bristol-Myers Company, as successor to a New York business started in 1887, it took its present name in 1989 as a result of a merger.

Written from the business description in BRISTOL MYERS SQUIBB CO's annual report to the U.S. Securities and Exchange Commission, filed 11 February 2026. Every sentence was checked against that document before publication.

Growth

USD 48.2B
Revenue, FY2025 · full 19-year series below
Revenue $B Net income $B
FY2025 · Revenue 48.2 · Net income 7.1
20B40B-4B-8B
2007201020132016201920222025
Compound annual growth
+1.4%
+2.5%
+11.3%
+6.2%
+3.7%
+16.2%
+5.6%
+5.5%
+14.0%
+4.5%
+4.4%
+6.2%
+5.3%
+4.5%
−26.4%
−2.1%
+7.4%
+4.1%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +2.5% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

15 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 19.4% · Net 14.6%
20%40%60%-10%-20%
200720162025
ROE
FY2025 · ROE 40.5%
20%40%60%-10%-20%-30%
200720162025
Three returns, three denominators.
Return on capital employedNot available: we don't have a clean operating profit figure for this period.

Each USD of equity produced 41 cents of profit this year.

Cash & shareholders

USD 5.0B
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 12.8
10B20B
200720162025
Net buybacks $B Dividends $B
FY2025 · Dividends 5.0 · Net buybacks 0.0
5B10BDividendsNet buybacks
2007201020132016201920222025

USD 5.0B in dividends — 72% of the year's profit went back to shareholders.

Total assetsUSD 90.0B
EquityUSD 18.5B
CashUSD 10.2B
Gross debtUSD 44.8B
Net debtUSD 34.6B
Current ratio1.26×

Net debt stands at 187% of equity.

The 19-year record

19 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
BMY, 19-year financial record
Metric 2025202420232022202120202019201820172016201520142013201220112010200920082007
Revenue $B48.248.345.046.246.442.526.122.620.819.416.615.916.417.621.219.518.817.715.6
Operating income $B9.3−8.48.47.78.1−6.95.0◌◌◌◌◌◌◌◌◌◌◌◌
EBITDA $B13.31.218.218.018.83.56.7◌◌◌◌◌◌◌◌◌◌◌◌
Income tax $B2.30.60.41.41.12.11.51.04.21.40.40.40.3−0.21.71.61.21.10.5
Net income $B7.1−8.98.06.37.0−9.03.44.91.04.51.62.02.62.03.73.110.65.22.2
Free cash flow $B12.813.912.711.915.213.37.46.14.21.81.32.63.06.44.54.13.32.82.3
EPS, diluted $3.46−4.413.862.953.12−3.992.013.010.612.650.931.201.541.162.161.795.342.621.09
Dividend / sh $2.492.422.312.192.011.841.681.611.571.531.491.451.411.371.331.291.251.241.15
Payout %72−54597363−457853256571581209011761712347102
ROE %40.5−39.126.518.919.0−20.210.538.27.229.310.713.417.813.323.420.378.442.9◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

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Provenance

Company facts, as filed

How we verify · 0 failures in 84 reconciliationsAUDITED

Reconciled in 19 of the 19 fiscal years we could check. Two checks were skipped: the share count is not tagged before 2009. Two checks were skipped: the balance sheet is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityPharmaceutical Preparations
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2007

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