Bristol-Myers Squibb Company (BMY) vs Thermo Fisher Scientific Inc. (TMO)

BMY leads on 13 of 16 compared metrics.

A side-by-side comparison of Bristol-Myers Squibb Company and Thermo Fisher Scientific Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 15, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — BMY vs TMO

growth of $100 · last 30y
BMY +168.8%TMO +1191.9%TMO compounded faster
05001k2kStart $100200120062011201620212026$269$1,292
BMY TMO

BMY vs TMO: by the numbers

  • TMO is the larger company ($174.42B vs $116.66B market cap).
  • BMY trades at the lower earnings multiple (16.05 vs 25.80 P/E).
  • TMO converts more revenue to profit (15.18% vs 15.01% net margin).
  • TMO grew revenue faster over the past five years (6.68% vs 2.52% CAGR).
  • BMY pays the higher dividend yield (4.38% vs 0.38%).

Which is better, BMY or TMO?

Metric tally: BMY 13 · TMO 3

It depends on what you're optimizing for:

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

Metrics side by side

Valuation

MetricBMYTMO
P/E ratio16.0525.80
Forward P/E9.3117.26
P/S ratio2.413.87
P/B ratio5.823.37
PEG ratio1.714.51
EV / EBITDA11.0319.26
FCF yield10.20%3.86%

Profitability

MetricBMYTMO
Gross margin68.75%39.41%
Operating margin25.67%17.76%
Net margin15.01%15.18%
ROE36.25%13.21%
ROIC13.90%7.58%

Dividends

MetricBMYTMO
Dividend yield4.38%0.38%
Payout ratio72.25%10.13%

Growth (annualized)

MetricBMYTMO
Revenue CAGR (5Y)2.52%6.68%
EPS CAGR (5Y)9.38%1.99%
FCF CAGR (5Y)-2.50%-0.19%
Total return CAGR (5Y)0.74%0.45%

Frequently asked

Which is better, BMY or TMO?
It depends on your goal. value: BMY (lower P/E); growth: TMO (faster 5Y revenue CAGR); income: BMY (higher dividend yield); quality: BMY (higher ROIC). Across all compared metrics, BMY leads 13 to 3.
Is BMY or TMO cheaper?
On trailing earnings, BMY is cheaper: BMY trades at a 16.05 P/E and TMO at 25.80.
Which has grown faster, BMY or TMO?
Over the past five years, TMO grew revenue faster — BMY at a 2.52% CAGR versus TMO at 6.68%.
Does BMY or TMO pay a bigger dividend?
BMY yields 4.38% and TMO yields 0.38% based on trailing dividends and the latest price.
Is BMY or TMO more profitable?
TMO runs the higher net margin — BMY at 15.01% versus TMO at 15.18%.
Which has been the better investment, BMY or TMO?
Over the past 10-year, TMO delivered the higher annualized total return — BMY at 1.08% versus TMO at 12.26%. 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 15, 2026.