Bristol-Myers Squibb price to free cash flow BMY
Market value divided by free cash flow over the last twelve months, since 2010.
- Today, Oct 23, 2026
- 11.0×
- 10-year median
- 11.8×
- Against its 10-year history
- 40th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 6.1× to 111×
- Peer median
- 18.9×
Bristol-Myers Squibb's price to free cash flow is 11.0× as of Oct 23, 2026.
That is below its ten-year median of 11.8×, close to the middle of its last ten years.
Over that time it ranged from 6.1× in Oct 2025 to 111× in Jan 2017.
The median for 9 large drugmakers of a similar size is 18.9×.
Price to free cash flow over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 11.0× | 7.1× | 12.0× |
| 2025 | 7.3× | 6.1× | 8.9× |
| 2024 | 8.5× | 6.4× | 9.1× |
| 2023 | 8.9× | 8.7× | 12.9× |
| 2022 | 12.0× | 9.4× | 13.6× |
| 2021 | 9.3× | 8.4× | 12.9× |
| 2020 | 12.0× | 11.0× | 19.4× |
| 2019 | 13.8× | 11.8× | 22.7× |
| 2018 | 22.4× | 18.3× | 26.7× |
| 2017 | 22.7× | 22.2× | 111× |
| 2016 | 108× | 93.2× | 117× |
| 2015 | 108× | 28.6× | 108× |
| 2014 | 28.6× | 19.3× | 37.6× |
| 2013 | 35.6× | 7.7× | 35.8× |
| 2012 | 7.3× | 7.3× | 14.0× |
| 2011 | 13.2× | 10.7× | 13.3× |
| 2010 | 12.1× | 11.3× | 13.0× |
Against its peers
Companies in Drug Manufacturers - General nearest Bristol-Myers Squibb's size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| BMYBristol-Myers Squibb | 11.0× |
| PFEPfizer | 15.6× |
| GILDGilead Sciences | 14.9× |
| AMGNAmgen | 23.3× |
| MRKMerck | 22.3× |
| BIIBBiogen | 13.7× |
| ABBVAbbVie | 27.7× |
| JNJJohnson & Johnson | n/m |
| JAZZJazz Pharmaceuticals | 8.7× |
| LLYEli Lilly and | 65.9× |
| Peer median | 18.9× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on Bristol-Myers Squibb
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.