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.

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Total return — BMY vs MCK

growth of $100 · dividends reinvested · last 10y
BMY +63.2% (+5.0%/yr)MCK +489.0% (+19.4%/yr)MCK compounded faster over this window
200400600Start $10020182020202220242026$163$589
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

MetricBMYMCK
P/E ratio13.4724.14
Forward P/E8.7920.21
P/S ratio2.540.26
P/B ratio5.60N/A
EV / EBITDA9.4115.12
FCF yield9.16%5.85%

Profitability

MetricBMYMCK
Gross margin70.16%3.64%
Operating margin28.27%1.62%
Net margin18.87%1.12%
ROE41.59%N/A
ROIC15.47%28.34%

Dividends

MetricBMYMCK
Dividend yield4.12%0.38%
Payout ratio55.51%9.10%

Growth (annualized)

MetricBMYMCK
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.

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.