Bristol-Myers Squibb Company (BMY) vs McKesson Corporation (MCK)
A side-by-side comparison of Bristol-Myers Squibb Company and McKesson Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 4, 2026. Differences are shown without an overall score or investment verdict.
BMY
Bristol-Myers Squibb Company
$61.15HealthcareDelayed quote: Oct 2, 2026, 4:00 PM EDT
MCK
McKesson Corporation
$902.28HealthcareDelayed quote: Oct 2, 2026, 4:00 PM EDT
Total return — BMY vs MCK
growth of $100 · dividends reinvested · last 10yBMY +63.2% (+5.0%/yr)MCK +489.0% (+19.4%/yr)MCK compounded faster over this window
BMY MCK
BMY vs MCK: by the numbers
- •BMY is the larger company ($124.91B vs $105.64B market cap).
- •BMY trades at the lower trailing earnings multiple (13.47 vs 24.14 P/E), one valuation lens rather than an overall verdict.
- •BMY converts more revenue to profit (18.87% vs 1.12% net margin).
- •MCK grew revenue faster over the past five years (10.88% vs 2.08% CAGR).
- •BMY pays the higher dividend yield (4.12% vs 0.38%).
Metrics side by side
Valuation
| Metric | BMY | MCK |
|---|---|---|
| P/E ratio | 13.47 | 24.14 |
| Forward P/E | 8.79 | 20.21 |
| P/S ratio | 2.54 | 0.26 |
| P/B ratio | 5.60 | N/A |
| EV / EBITDA | 9.41 | 15.12 |
| FCF yield | 9.16% | 5.85% |
Profitability
| Metric | BMY | MCK |
|---|---|---|
| Gross margin | 70.16% | 3.64% |
| Operating margin | 28.27% | 1.62% |
| Net margin | 18.87% | 1.12% |
| ROE | 41.59% | N/A |
| ROIC | 15.47% | 28.34% |
Dividends
| Metric | BMY | MCK |
|---|---|---|
| Dividend yield | 4.12% | 0.38% |
| Payout ratio | 55.51% | 9.10% |
Growth (annualized)
| Metric | BMY | MCK |
|---|---|---|
| Revenue CAGR (5Y) | 2.08% | 10.88% |
| FCF CAGR (5Y) | -0.95% | 13.40% |
| Total return CAGR (5Y) | 4.79% | 35.84% |
Frequently asked
- Which has the lower trailing P/E, BMY or MCK?
- BMY has the lower trailing P/E: BMY trades at 13.47 and MCK at 24.14. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, BMY or MCK?
- Over the past five years, MCK grew revenue faster — BMY at a 2.08% CAGR versus MCK at 10.88%.
- Does BMY or MCK pay a bigger dividend?
- BMY yields 4.12% and MCK yields 0.38% based on trailing dividends and the latest price.
- Is BMY or MCK more profitable?
- BMY runs the higher net margin — BMY at 18.87% versus MCK at 1.12%.
- How have BMY and MCK total returns compared?
- Over the past 10 years, BMY delivered 5.01% and MCK delivered 19.29% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Bristol-Myers Squibb P/E ratioMcKesson P/E ratioBristol-Myers Squibb dividend yieldMcKesson dividend yieldBristol-Myers Squibb ROEMcKesson ROEBristol-Myers Squibb operating marginMcKesson operating marginBristol-Myers Squibb revenue growthMcKesson revenue growthBristol-Myers Squibb free cash flowMcKesson free cash flow
Bristol-Myers Squibb & McKesson appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 4, 2026.