Bristol-Myers Squibb Company (BMY) vs Medtronic plc (MDT)

BMY leads on 14 of 17 compared metrics.

A side-by-side comparison of Bristol-Myers Squibb Company and Medtronic plc across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — BMY vs MDT

growth of $100 · last 30y
BMY +171.1%MDT +462.8%MDT compounded faster
2004006008001kStart $100200120062011201620212026$271$563
BMY MDT

BMY vs MDT: by the numbers

  • BMY is the larger company ($116.66B vs $102.97B market cap).
  • BMY trades at the lower earnings multiple (16.05 vs 21.50 P/E).
  • BMY converts more revenue to profit (15.01% vs 13.20% net margin).
  • MDT grew revenue faster over the past five years (5.18% vs 2.52% CAGR).
  • BMY pays the higher dividend yield (4.38% vs 3.54%).

Which is better, BMY or MDT?

Metric tally: BMY 14 · MDT 3

It depends on what you're optimizing for:

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

Valuation

MetricBMYMDT
P/E ratio16.0521.50
Forward P/E9.3112.56
P/S ratio2.412.84
P/B ratio5.822.11
PEG ratio1.716.73
EV / EBITDA11.0313.03
FCF yield10.20%5.25%

Profitability

MetricBMYMDT
Gross margin68.75%65.02%
Operating margin25.67%17.78%
Net margin15.01%13.20%
ROE36.25%9.80%
ROIC13.90%0.00%

Dividends

MetricBMYMDT
Dividend yield4.38%3.54%
Payout ratio72.25%75.73%

Growth (annualized)

MetricBMYMDT
Revenue CAGR (5Y)2.52%5.18%
EPS CAGR (5Y)9.38%0.83%
FCF CAGR (5Y)-2.50%3.07%
Total return CAGR (5Y)0.74%-5.47%

Frequently asked

Which is better, BMY or MDT?
It depends on your goal. value: BMY (lower P/E); growth: MDT (faster 5Y revenue CAGR); income: BMY (higher dividend yield); quality: BMY (higher ROIC). Across all compared metrics, BMY leads 14 to 3.
Is BMY or MDT cheaper?
On trailing earnings, BMY is cheaper: BMY trades at a 16.05 P/E and MDT at 21.50.
Which has grown faster, BMY or MDT?
Over the past five years, MDT grew revenue faster — BMY at a 2.52% CAGR versus MDT at 5.18%.
Does BMY or MDT pay a bigger dividend?
BMY yields 4.38% and MDT yields 3.54% based on trailing dividends and the latest price.
Is BMY or MDT more profitable?
BMY runs the higher net margin — BMY at 15.01% versus MDT at 13.20%.
Which has been the better investment, BMY or MDT?
Over the past 10-year, MDT delivered the higher annualized total return — BMY at 1.08% versus MDT at 1.97%. 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 13, 2026.