What is Bristol Myers's earnings per share (EPS)?

Bristol Myers (BMYMP) reported diluted earnings per share of $3.46 for fiscal year 2025. This represents a 178.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Bristol Myers Financials

BMYMP

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Bristol Myers (BMYMP) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 19 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 59/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

Bristol Myers's revenue declined 0.2% year-over-year, from $48.3B to $48.2B. This contraction results in a growth score of 33/100.

Leverage

Bristol Myers has a moderate D/E ratio of 2.32. This balance of debt and equity financing earns a leverage score of 55/100.

Liquidity

Bristol Myers's current ratio of 1.26 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 20/100, which could limit financial flexibility.

Cash Flow

Bristol Myers converts 26.7% of revenue into free cash flow ($12.8B). This strong cash generation earns a score of 92/100.

Returns

Bristol Myers earns a strong 38.2% return on equity (ROE), meaning it generates $38 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 96/100. This is up from -54.8% the prior year.

Piotroski F-Score Strong

7/9

Bristol Myers passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

2.01x

For every $1 of reported earnings, Bristol Myers generates $2.01 in operating cash flow ($14.2B OCF vs $7.1B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$48.2B

YoY-0.2%

5Y CAGR+2.5%

10Y CAGR+11.3%

Bristol Myers generated $48.2B in revenue in fiscal year 2025. This represents a decrease of 0.2% from the prior year.

EBITDA

N/A

Net Income

$7.1B

YoY+178.8%

10Y CAGR+16.2%

Bristol Myers reported $7.1B in net income in fiscal year 2025. This represents an increase of 178.8% from the prior year.

EPS (Diluted)

$3.46

YoY+178.5%

10Y CAGR+14.0%

Bristol Myers earned $3.46 per diluted share (EPS) in fiscal year 2025. This represents an increase of 178.5% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$12.8B

YoY-7.9%

5Y CAGR-0.7%

10Y CAGR+25.9%

Bristol Myers generated $12.8B in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 7.9% from the prior year.

Cash & Debt

$10.2B

YoY-1.3%

5Y CAGR-6.8%

10Y CAGR+15.7%

Bristol Myers held $10.2B in cash against $42.9B in long-term debt as of fiscal year 2025.

Dividends Per Share

$2.49

YoY+2.9%

5Y CAGR+6.2%

10Y CAGR+5.3%

Bristol Myers paid $2.49 per share in dividends in fiscal year 2025. This represents an increase of 2.9% from the prior year.

Shares Outstanding

2.04B

YoY+0.4%

5Y CAGR-1.9%

10Y CAGR+2.0%

Bristol Myers had 2.04B shares outstanding in fiscal year 2025. This represents an increase of 0.4% from the prior year.

Margins & Returns

Gross Margin

71.1%

YoY+0.0pp

5Y CAGR-1.2pp

10Y CAGR-5.3pp

Bristol Myers's gross margin was 71.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.0 percentage points from the prior year.

Operating Margin

N/A

Net Margin

14.6%

YoY+33.2pp

5Y CAGR+35.8pp

10Y CAGR+5.2pp

Bristol Myers's net profit margin was 14.6% in fiscal year 2025, showing the share of revenue converted to profit. This is up 33.2 percentage points from the prior year.

Return on Equity

38.2%

YoY+93.0pp

5Y CAGR+62.0pp

10Y CAGR+27.2pp

Bristol Myers's ROE was 38.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 93.0 percentage points from the prior year.

Capital Allocation

R&D Spending

$10.0B

YoY-10.8%

5Y CAGR-0.2%

10Y CAGR+5.3%

Bristol Myers invested $10.0B in research and development in fiscal year 2025. This represents a decrease of 10.8% from the prior year.

Share Buybacks

Bristol Myers spent $0 on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures

$1.3B

YoY+5.0%

5Y CAGR+11.7%

10Y CAGR+4.8%

Bristol Myers invested $1.3B in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 5.0% from the prior year.

BMYMP Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$48.2B-0.2%	$48.3B+7.3%	$45.0B-2.5%	$46.2B-0.5%	$46.4B+9.1%	$42.5B
Cost of Revenue	$13.9B-0.2%	$14.0B+30.6%	$10.7B+5.5%	$10.1B+2.0%	$9.9B-15.6%	$11.8B
Gross Profit	$34.3B-0.2%	$34.3B+0.1%	$34.3B-4.7%	$36.0B-1.2%	$36.4B+18.5%	$30.7B
R&D Expenses	$10.0B-10.8%	$11.2B+20.0%	$9.3B-2.2%	$9.5B-6.7%	$10.2B+1.5%	$10.0B
SG&A Expenses	$7.3B-13.6%	$8.4B+8.3%	$7.8B-0.5%	$7.8B+1.6%	$7.7B+0.4%	$7.7B
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$1.9B-2.9%	$1.9B+67.0%	$1.2B-5.4%	$1.2B-7.6%	$1.3B-6.1%	$1.4B
Income Tax	$2.3B+310.1%	$554.0M+38.5%	$400.0M-70.8%	$1.4B+26.2%	$1.1B-49.0%	$2.1B
Net Income	$7.1B+178.8%	-$8.9B-211.5%	$8.0B+26.8%	$6.3B-9.5%	$7.0B+177.6%	-$9.0B
EPS (Diluted)	$3.46+178.5%	$-4.41-214.2%	$3.86+30.8%	$2.95-5.4%	$3.12+178.2%	$-3.99

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$12.5B+2.3%	$12.2B-0.4%	$12.3B+9.5%	$11.2B-9.2%	$12.3B+3.8%	$11.9B-2.5%	$12.2B+2.8%	$11.9B
Cost of Revenue	$4.1B+19.2%	$3.4B+1.9%	$3.4B+11.2%	$3.0B-37.0%	$4.8B+62.7%	$3.0B-9.5%	$3.3B+11.4%	$2.9B
Gross Profit	$8.4B-4.3%	$8.8B-1.2%	$8.9B+8.9%	$8.2B+8.5%	$7.5B-15.7%	$8.9B0.0%	$8.9B0.0%	$8.9B
R&D Expenses	$2.6B+2.3%	$2.5B-2.0%	$2.6B+14.3%	$2.3B-29.3%	$3.2B+34.4%	$2.4B-18.1%	$2.9B+7.6%	$2.7B
SG&A Expenses	$2.2B+21.9%	$1.8B+4.4%	$1.7B+8.1%	$1.6B-25.8%	$2.1B+7.7%	$2.0B+2.9%	$1.9B-18.5%	$2.4B
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$432.0M-10.0%	$480.0M-1.0%	$485.0M-1.8%	$494.0M-0.4%	$496.0M-1.8%	$505.0M-3.1%	$521.0M+22.6%	$425.0M
Income Tax	$384.0M-58.2%	$919.0M+99.8%	$460.0M-9.6%	$509.0M+414.1%	$99.0M-78.5%	$461.0M+215.8%	-$398.0M-201.5%	$392.0M
Net Income	$1.1B-50.6%	$2.2B+68.0%	$1.3B-46.7%	$2.5B+3311.1%	$72.0M-94.1%	$1.2B-27.9%	$1.7B+114.1%	-$11.9B
EPS (Diluted)	N/A	$1.08+68.8%	$0.64-46.7%	$1.20	N/A	$0.60-27.7%	$0.83+114.1%	$-5.89

BMYMP Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$90.0B-2.8%	$92.6B-2.7%	$95.2B-1.7%	$96.8B-11.4%	$109.3B-7.7%	$118.5B
Current Assets	$29.4B-1.3%	$29.8B-6.3%	$31.8B+16.5%	$27.3B-18.0%	$33.3B+10.2%	$30.2B
Cash & Equivalents	$10.2B-1.3%	$10.3B-9.8%	$11.5B+25.7%	$9.1B-34.7%	$14.0B-3.9%	$14.5B
Inventory	$2.7B+5.2%	$2.6B-3.9%	$2.7B+13.8%	$2.3B+11.6%	$2.1B+1.0%	$2.1B
Accounts Receivable	$9.6B+6.4%	$9.0B+1.5%	$8.9B+9.0%	$8.2B+2.2%	$8.0B+10.5%	$7.2B
Goodwill	$21.8B+0.2%	$21.7B+2.6%	$21.2B+0.1%	$21.1B+3.2%	$20.5B-0.2%	$20.5B
Total Liabilities	$71.5B-6.1%	$76.2B+16.1%	$65.7B0.0%	$65.7B-10.4%	$73.3B-9.0%	$80.6B
Current Liabilities	$23.4B-1.5%	$23.8B+6.8%	$22.3B+1.7%	$21.9B+0.1%	$21.9B+14.6%	$19.1B
Long-Term Debt	$42.9B-10.0%	$47.6B+29.9%	$36.7B+4.6%	$35.1B-11.5%	$39.6B-18.1%	$48.3B
Total Equity	$18.5B+13.1%	$16.3B-44.5%	$29.4B-5.3%	$31.1B-13.6%	$35.9B-5.0%	$37.8B
Retained Earnings	$16.9B+13.3%	$14.9B-48.2%	$28.8B+12.8%	$25.5B+7.1%	$23.8B+11.9%	$21.3B

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$90.0B-7.1%	$96.9B+2.3%	$94.7B+2.4%	$92.4B-0.2%	$92.6B-1.1%	$93.7B-1.0%	$94.6B-4.4%	$99.0B
Current Assets	$29.4B-17.5%	$35.6B+7.2%	$33.2B+7.9%	$30.8B+3.4%	$29.8B+6.1%	$28.1B+4.4%	$26.9B-6.2%	$28.7B
Cash & Equivalents	$10.2B-35.1%	$15.7B+24.8%	$12.6B+15.9%	$10.9B+5.1%	$10.3B+31.1%	$7.9B+25.4%	$6.3B-32.6%	$9.3B
Inventory	$2.7B-2.5%	$2.8B+0.8%	$2.7B+2.7%	$2.7B+4.3%	$2.6B-23.3%	$3.3B+8.3%	$3.1B+3.1%	$3.0B
Accounts Receivable	$9.6B-0.3%	$9.6B-0.9%	$9.7B+7.1%	$9.1B+0.6%	$9.0B-3.3%	$9.3B-4.4%	$9.7B+10.4%	$8.8B
Goodwill	$21.8B0.0%	$21.7B-0.1%	$21.8B+0.2%	$21.7B+0.1%	$21.7B-0.1%	$21.8B+0.1%	$21.7B0.0%	$21.7B
Total Liabilities	$71.5B-8.6%	$78.3B+1.4%	$77.2B+2.9%	$75.0B-1.6%	$76.2B-0.3%	$76.5B-1.4%	$77.6B-5.9%	$82.5B
Current Liabilities	$23.4B-16.8%	$28.1B+2.2%	$27.5B+14.4%	$24.1B+1.2%	$23.8B+5.0%	$22.6B-2.7%	$23.3B-9.9%	$25.8B
Long-Term Debt	$42.9B-3.6%	$44.5B0.0%	$44.5B-3.7%	$46.2B-3.0%	$47.6B-2.2%	$48.7B-0.4%	$48.9B-1.3%	$49.5B
Total Equity	$18.5B-0.4%	$18.6B+6.4%	$17.4B+0.3%	$17.4B+6.5%	$16.3B-4.7%	$17.1B+0.7%	$17.0B+3.2%	$16.5B
Retained Earnings	$16.9B-1.2%	$17.1B+5.8%	$16.2B+0.3%	$16.1B+8.0%	$14.9B-7.4%	$16.1B0.0%	$16.1B+3.0%	$15.6B

BMYMP Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$14.2B-6.8%	$15.2B+9.6%	$13.9B+6.1%	$13.1B-19.4%	$16.2B+15.3%	$14.1B
Capital Expenditures	$1.3B+5.0%	$1.2B+3.2%	$1.2B+8.1%	$1.1B+14.9%	$973.0M+29.2%	$753.0M
Free Cash Flow	$12.8B-7.9%	$13.9B+10.2%	$12.7B+5.9%	$11.9B-21.6%	$15.2B+14.5%	$13.3B
Investing Cash Flow	-$4.1B+80.6%	-$21.4B-830.4%	-$2.3B-116.1%	-$1.1B-97.4%	-$538.0M+95.0%	-$10.9B
Financing Cash Flow	-$10.3B-301.8%	$5.1B+154.4%	-$9.4B+44.5%	-$17.0B-4.5%	-$16.2B-1309.6%	-$1.2B
Dividends Paid	$5.0B+3.7%	$4.9B+2.5%	$4.7B+2.4%	$4.6B+5.4%	$4.4B+7.9%	$4.1B
Share Buybacks	$0	$0-100.0%	$5.2B-35.6%	$8.0B+27.3%	$6.3B+306.7%	$1.5B

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$2.0B-68.7%	$6.3B+61.1%	$3.9B+100.5%	$2.0B-56.0%	$4.4B-20.6%	$5.6B+140.4%	$2.3B-17.9%	$2.8B
Capital Expenditures	$370.0M+15.6%	$320.0M-11.4%	$361.0M+38.8%	$260.0M-31.2%	$378.0M+16.7%	$324.0M+23.7%	$262.0M-7.7%	$284.0M
Free Cash Flow	$1.6B-73.2%	$6.0B+68.5%	$3.6B+109.9%	$1.7B-58.3%	$4.1B-22.9%	$5.3B+155.2%	$2.1B-19.1%	$2.5B
Investing Cash Flow	-$1.5B+14.3%	-$1.7B-259.8%	-$473.0M+5.2%	-$499.0M-154.6%	-$196.0M+10.5%	-$219.0M+83.4%	-$1.3B+93.3%	-$19.6B
Financing Cash Flow	-$6.0B-304.6%	-$1.5B+18.8%	-$1.8B-84.9%	-$993.0M+39.5%	-$1.6B+57.4%	-$3.9B+4.3%	-$4.0B-127.5%	$14.6B
Dividends Paid	$1.3B-0.1%	$1.3B+0.1%	$1.3B+0.3%	$1.3B+3.3%	$1.2B+0.2%	$1.2B-0.1%	$1.2B+0.4%	$1.2B
Share Buybacks	N/A	N/A	N/A	N/A	$0	$0	$0	$0

BMYMP Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	71.1%0.0pp	71.1%-5.2pp	76.2%-1.8pp	78.0%-0.5pp	78.6%+6.3pp	72.3%
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	14.6%+33.2pp	-18.5%-36.4pp	17.8%+4.1pp	13.7%-1.4pp	15.1%+36.3pp	-21.2%
Return on Equity	38.2%+93.0pp	-54.8%-82.0pp	27.3%+6.9pp	20.4%+0.9pp	19.5%+43.3pp	-23.8%
Return on Assets	7.8%+17.5pp	-9.7%-18.1pp	8.4%+1.9pp	6.5%+0.1pp	6.4%+14.0pp	-7.6%
Current Ratio	1.260.0	1.25-0.2	1.43+0.2	1.25-0.3	1.52-0.1	1.58
Debt-to-Equity	2.32-0.6	2.91+1.7	1.25+0.1	1.13+0.0	1.10-0.2	1.28
FCF Margin	26.7%-2.2pp	28.9%+0.8pp	28.1%+2.2pp	25.9%-7.0pp	32.8%+1.6pp	31.3%

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	67.2%-4.6pp	71.9%-0.6pp	72.5%-0.4pp	72.9%+11.9pp	61.0%-14.1pp	75.1%+1.9pp	73.2%-2.1pp	75.3%
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	8.7%-9.3pp	18.0%+7.3pp	10.7%-11.2pp	21.9%+21.3pp	0.6%-9.6pp	10.2%-3.6pp	13.8%+114.2pp	-100.4%
Return on Equity	5.9%-6.0pp	11.9%+4.3pp	7.5%-6.6pp	14.1%+13.7pp	0.4%-6.6pp	7.1%-2.8pp	9.9%+82.1pp	-72.2%
Return on Assets	1.2%-1.1pp	2.3%+0.9pp	1.4%-1.3pp	2.7%+2.6pp	0.1%-1.2pp	1.3%-0.5pp	1.8%+13.8pp	-12.0%
Current Ratio	1.26-0.0	1.27+0.1	1.21-0.1	1.28+0.0	1.25+0.0	1.24+0.1	1.16+0.0	1.11
Debt-to-Equity	2.32-0.1	2.40-0.2	2.55-0.1	2.65-0.3	2.91+0.1	2.84-0.0	2.87-0.1	3.00
FCF Margin	12.8%-36.2pp	49.0%+20.0pp	29.0%+13.9pp	15.1%-17.8pp	32.9%-11.4pp	44.3%+27.4pp	16.9%-4.6pp	21.5%

Frequently Asked Questions

What is Bristol Myers's annual revenue?

Bristol Myers (BMYMP) reported $48.2B in total revenue for fiscal year 2025. This represents a -0.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Bristol Myers's revenue growing?

Bristol Myers (BMYMP) revenue declined by 0.2% year-over-year, from $48.3B to $48.2B in fiscal year 2025.

Is Bristol Myers profitable?

Yes, Bristol Myers (BMYMP) reported a net income of $7.1B in fiscal year 2025, with a net profit margin of 14.6%.

How much debt does Bristol Myers have?

As of fiscal year 2025, Bristol Myers (BMYMP) had $10.2B in cash and equivalents against $42.9B in long-term debt.

What is Bristol Myers's gross margin?

Bristol Myers (BMYMP) had a gross margin of 71.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Bristol Myers's net profit margin?

Bristol Myers (BMYMP) had a net profit margin of 14.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Bristol Myers pay dividends?

Yes, Bristol Myers (BMYMP) paid $2.49 per share in dividends during fiscal year 2025.

What is Bristol Myers's return on equity (ROE)?

Bristol Myers (BMYMP) has a return on equity of 38.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Bristol Myers's free cash flow?

Bristol Myers (BMYMP) generated $12.8B in free cash flow during fiscal year 2025. This represents a -7.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Bristol Myers's operating cash flow?

Bristol Myers (BMYMP) generated $14.2B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Bristol Myers's total assets?

Bristol Myers (BMYMP) had $90.0B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Bristol Myers's capital expenditures?

Bristol Myers (BMYMP) invested $1.3B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Bristol Myers spend on research and development?

Bristol Myers (BMYMP) invested $10.0B in research and development during fiscal year 2025.

How many shares does Bristol Myers have outstanding?

Bristol Myers (BMYMP) had 2.04B shares outstanding as of fiscal year 2025.

What is Bristol Myers's current ratio?

Bristol Myers (BMYMP) had a current ratio of 1.26 as of fiscal year 2025, which is considered adequate.

What is Bristol Myers's debt-to-equity ratio?

Bristol Myers (BMYMP) had a debt-to-equity ratio of 2.32 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Bristol Myers's return on assets (ROA)?

Bristol Myers (BMYMP) had a return on assets of 7.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Bristol Myers's Piotroski F-Score?

Bristol Myers (BMYMP) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Bristol Myers's earnings high quality?

Bristol Myers (BMYMP) has an earnings quality ratio of 2.01x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Bristol Myers?

Bristol Myers (BMYMP) scores 59 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.