Is BMY or MRK cheaper?

On trailing earnings, BMY is cheaper: BMY trades at a 16.05 P/E and MRK at 33.54.

Which has grown faster, BMY or MRK?

Over the past five years, MRK grew revenue faster — BMY at a 2.52% CAGR versus MRK at 8.60%.

Does BMY or MRK pay a bigger dividend?

BMY yields 4.38% and MRK yields 2.79% based on trailing dividends and the latest price.

Is BMY or MRK more profitable?

BMY runs the higher net margin — BMY at 15.01% versus MRK at 13.62%.

Which has been the better investment, BMY or MRK?

Over the past 10-year, MRK delivered the higher annualized total return — BMY at 1.08% versus MRK at 11.57%. Past performance doesn't predict future results.

Bristol-Myers Squibb Company (BMY) vs Merck & Co., Inc. (MRK)

BMY leads on 10 of 17 compared metrics.

A side-by-side comparison of Bristol-Myers Squibb Company and Merck & Co., Inc. 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).

BMY

Bristol-Myers Squibb Company

Total return — BMY vs MRK

growth of $100 · last 30y

BMY +171.1%MRK +287.9%MRK compounded faster

BMY MRK

BMY vs MRK: by the numbers

•MRK is the larger company ($294.03B vs $116.66B market cap).
•BMY trades at the lower earnings multiple (16.05 vs 33.54 P/E).
•BMY converts more revenue to profit (15.01% vs 13.62% net margin).
•MRK grew revenue faster over the past five years (8.60% vs 2.52% CAGR).
•BMY pays the higher dividend yield (4.38% vs 2.79%).

Which is better, BMY or MRK?

Metric tally: BMY 10 · MRK 7

It depends on what you're optimizing for:

ValueBMY(lower P/E)

GrowthMRK(faster 5Y revenue CAGR)

IncomeBMY(higher dividend yield)

QualityMRK(higher ROIC)

Valuation

Metric	BMY	MRK
P/E ratio	16.05●	33.54
Forward P/E	9.31●	12.35
P/S ratio	2.41●	4.49
P/B ratio	5.82●	6.41
PEG ratio	1.71●	1.81
EV / EBITDA	11.03●	19.58
FCF yield	10.20%●	4.80%

Profitability

Metric	BMY	MRK
Gross margin	68.75%	75.91%●
Operating margin	25.67%	27.59%●
Net margin	15.01%●	13.62%
ROE	36.25%●	19.48%
ROIC	13.90%	18.27%●

Dividends

Metric	BMY	MRK
Dividend yield	4.38%●	2.79%
Payout ratio	72.25%	45.48%

Growth (annualized)

Metric	BMY	MRK
Revenue CAGR (5Y)	2.52%	8.60%●
EPS CAGR (5Y)	9.38%	21.21%●
FCF CAGR (5Y)	-2.50%	15.69%●
Total return CAGR (5Y)	0.74%	12.79%●

Frequently asked

Which is better, BMY or MRK?: It depends on your goal. value: BMY (lower P/E); growth: MRK (faster 5Y revenue CAGR); income: BMY (higher dividend yield); quality: MRK (higher ROIC). Across all compared metrics, BMY leads 10 to 7.
Is BMY or MRK cheaper?: On trailing earnings, BMY is cheaper: BMY trades at a 16.05 P/E and MRK at 33.54.
Which has grown faster, BMY or MRK?: Over the past five years, MRK grew revenue faster — BMY at a 2.52% CAGR versus MRK at 8.60%.
Does BMY or MRK pay a bigger dividend?: BMY yields 4.38% and MRK yields 2.79% based on trailing dividends and the latest price.
Is BMY or MRK more profitable?: BMY runs the higher net margin — BMY at 15.01% versus MRK at 13.62%.
Which has been the better investment, BMY or MRK?: Over the past 10-year, MRK delivered the higher annualized total return — BMY at 1.08% versus MRK at 11.57%. Past performance doesn't predict future results.

Go deeper

Full BMY analysis Full MRK analysis Interactive comparison tool

Dig into the metrics

Bristol-Myers Squibb P/E ratio Merck & P/E ratio Bristol-Myers Squibb dividend yield Merck & dividend yield Bristol-Myers Squibb ROE Merck & ROE Bristol-Myers Squibb operating margin Merck & operating margin Bristol-Myers Squibb revenue growth Merck & revenue growth Bristol-Myers Squibb free cash flow Merck & free cash flow

Bristol-Myers Squibb & Merck & appear in these rankings

Highest Dividend Yield Stocks Highest ROE Stocks Highest ROIC Stocks Highest FCF Yield Stocks

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.