Bristol-Myers Squibb Company (BMY) vs McKesson Corporation (MCK)

BMY leads on 9 of 16 compared metrics.

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 June 20, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — BMY vs MCK

growth of $100 · last 30y
BMY +153.2%MCK +2978.9%MCK compounded faster
Log scale — wide-divergence pair
101001k10kStart $100200120062011201620212026$253$3,079
BMY MCK

BMY vs MCK: by the numbers

  • BMY is the larger company ($110.27B vs $87.88B market cap).
  • BMY trades at the lower earnings multiple (15.17 vs 19.51 P/E).
  • BMY converts more revenue to profit (15.01% vs 1.18% net margin).
  • MCK grew revenue faster over the past five years (11.11% vs 2.52% CAGR).
  • BMY pays the higher dividend yield (4.63% vs 0.44%).

Which is better, BMY or MCK?

Metric tally: BMY 9 · MCK 7

It depends on what you're optimizing for:

ValueBMY(lower P/E)
GrowthMCK(faster 5Y revenue CAGR)
IncomeBMY(higher dividend yield)
QualityMCK(higher ROIC)

Metrics side by side

Valuation

MetricBMYMCK
P/E ratio15.1719.51
Forward P/E8.8014.90
P/S ratio2.280.23
P/B ratio5.50
PEG ratio1.620.46
EV / EBITDA10.5713.79
FCF yield10.79%6.44%

Profitability

MetricBMYMCK
Gross margin68.75%3.61%
Operating margin25.67%1.58%
Net margin15.01%1.18%
ROE36.25%-219.24%
ROIC13.90%31.48%

Dividends

MetricBMYMCK
Dividend yield4.63%0.44%
Payout ratio72.25%8.51%

Growth (annualized)

MetricBMYMCK
Revenue CAGR (5Y)2.52%11.11%
EPS CAGR (5Y)9.38%40.71%
FCF CAGR (5Y)-2.50%8.76%
Total return CAGR (5Y)-0.13%33.07%

Frequently asked

Which is better, BMY or MCK?
It depends on your goal. value: BMY (lower P/E); growth: MCK (faster 5Y revenue CAGR); income: BMY (higher dividend yield); quality: MCK (higher ROIC). Across all compared metrics, BMY leads 9 to 7.
Is BMY or MCK cheaper?
On trailing earnings, BMY is cheaper: BMY trades at a 15.17 P/E and MCK at 19.51.
Which has grown faster, BMY or MCK?
Over the past five years, MCK grew revenue faster — BMY at a 2.52% CAGR versus MCK at 11.11%.
Does BMY or MCK pay a bigger dividend?
BMY yields 4.63% and MCK yields 0.44% based on trailing dividends and the latest price.
Is BMY or MCK more profitable?
BMY runs the higher net margin — BMY at 15.01% versus MCK at 1.18%.
Which has been the better investment, BMY or MCK?
Over the past 10-year, MCK delivered the higher annualized total return — BMY at 0.79% versus MCK at 16.38%. 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 June 20, 2026.