Bristol-Myers Squibb Company
$164.82B- Market cap
- $129.92B
- Debt
- +$45.11B
- Cash
- −$10.21B
Capital structure 74% equity / 26% debt · EV / Revenue 3.42x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 ·
Decision snapshot: BMY stock price at discount vs ABBV $63.60 current versus $384.87 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at ABBV's multiple
Implied fair value · at BMY's multiple
Snapshot Sep 16, 2026, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Reported gross margin
Operating income + D&A
Multiple discount
Lower P/E
Lower leverage
Statements
Annual statements in reported currencies, with calculations and source evidence.
Values retain reported currencies and share bases. Select a figure to inspect its period, calculation and filing inputs. Differences require compatible units and periods.
Explore enterprise value and market valuation multiples in the valuation sections.
Trendline
13 period-end years of reported revenue, earnings, and margins. Periods and currencies are shown with the data.
Price framework
USD market cap plus reported borrowing debt, less cash and equivalents. This EV proxy excludes investments, preferred stock and noncontrolling-interest adjustments.
Capital structure 74% equity / 26% debt · EV / Revenue 3.42x
Capital structure 88% equity / 12% debt · EV / Revenue 8.56x · EV proxy / EBITDA proxy 22.56x
ABBV carries the larger enterprise value at $523.65B against $164.82B; BMY trades on the lower EV / Revenue multiple (3.42x vs 8.56x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
BRISTOL-MYERS SQUIBB COMPANY · implied price per share
Bear
$59.11
Base
$72.93
Bull
$92.88
AbbVie Inc. · implied price per share
Bear
$87.89
Base
$110.94
Bull
$142.98
Balance sheet health
Inspect reported liquidity and leverage alongside historical financial-health checks.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Cash excludes investments. EBITDA is an operating-income-plus-D&A proxy. Missing borrowing categories remain unavailable; select a value to inspect its inputs.
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
This explanation uses an earlier data snapshot or evidence version. Review its generation date and the current figures, or refresh after signing in.
If you believe ABBV’s higher growth and profitability deserve only a moderate premium, then BMY looks attractive to accumulate because its valuation is already near historical and DCF ranges while its net margin and quality score remain solid.
BMY trades at 18.9x P/E versus ABBV at 104.6x, and also at 2.8x P/S versus 7.1x for ABBV, indicating a very large relative discount. The implied price of $361.94 is far above BMY’s current price of $65.47, but ABBV-implied range of $153.00 to $361.23 and BMY’s own historical band of $58.92 to $72.02 show the current price is much closer to historical trading levels than to ABBV-based valuation.
Supporting Metrics