Bristol-Myers Squibb Company (BMY) Operating Margin: 26.34%
Is Bristol-Myers Squibb Company’s operating margin high or low?
Bristol-Myers Squibb Company's operating margin of 26.34% is 36% above its 5-year average of 19.39%, near the high end of its 5-year range (10.56%–26.34%).
The operating margin for Bristol-Myers Squibb Company (BMY) is 26.34% as of Tuesday, June 9, 2026. It is above its 12-month average by 13.68% (23.17%).
BMY Operating Margin Chart
BMY Average Operating Margin Chart
BMY Current vs Average Operating Margin Chart
BMY Operating Margin Metrics
OPERATING MARGIN
26.34%
OPERATING MARGIN AVG TTM
23.17%
OPERATING MARGIN AVG 3Y
21.31%
OPERATING MARGIN AVG 5Y
19.39%
OPERATING MARGIN AVG 10Y
22.27%
OPERATING MARGIN AVG 15Y
23.21%
OPERATING MARGIN AVG 20Y
22.74%
CURRENT VS TTM AVG
+13.68%
CURRENT VS 3Y AVG
+23.60%
CURRENT VS 5Y AVG
+35.81%
CURRENT VS 10Y AVG
+18.26%
CURRENT VS 15Y AVG
+13.49%
CURRENT VS 20Y AVG
+15.83%
BMY Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Bristol-Myers Squibb Company (BMY) | — | 26.34% | 23.17% | 21.31% | 19.39% |
| Vertex Pharmaceuticals Incorporated (VRTX) | $113.14B | 39.43% | 18.66% | 31.09% | 34.52% |
| CVS Health Corporation (CVS) | $123.84B | 2.58% | 2.43% | 2.79% | 3.48% |
| Medtronic plc (MDT) | $105.25B | 17.78% | 17.77% | 17.25% | 17.00% |
| Danaher Corporation (DHR) | $133.37B | 20.91% | 21.31% | 23.25% | 23.28% |
| Elevance Health Inc. (ELV) | $92.17B | 4.07% | 4.55% | 4.90% | 5.40% |
| Pfizer Inc. (PFE) | $146.48B | 24.67% | 25.29% | 24.23% | 24.05% |
| Intuitive Surgical, Inc. (ISRG) | $151.09B | 29.27% | 28.70% | 26.89% | 27.25% |
| Cigna Corporation (CI) | $78.04B | 3.32% | 3.56% | 4.04% | 4.30% |
| Gilead Sciences, Inc. (GILD) | $155.82B | 39.74% | 22.76% | 25.11% | 25.54% |
Operating Efficiency
Gross Margin
67.7%
Operating Margin
26.3%
Bristol-Myers Squibb Company Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Bristol-Myers Squibb Company Operating Margin FAQ
- What is the operating margin for Bristol-Myers Squibb Company (BMY)?
- The operating margin for BMY stock is 26.34%.
- Is Bristol-Myers Squibb Company's operating margin high or low?
- Bristol-Myers Squibb Company's operating margin of 26.34% is 36% above its 5-year average of 19.39%, near the high end of its 5-year range (10.56%–26.34%).
- What is the TTM average operating margin for Bristol-Myers Squibb Company (BMY)?
- The TTM average operating margin for BMY stock is 23.17%.
- What is the 3Y average operating margin for Bristol-Myers Squibb Company (BMY)?
- The 3Y average operating margin for BMY stock is 21.31%.
- What is the 5Y average operating margin for Bristol-Myers Squibb Company (BMY)?
- The 5Y average operating margin for BMY stock is 19.39%.
- What is the 10Y average operating margin for Bristol-Myers Squibb Company (BMY)?
- The 10Y average operating margin for BMY stock is 22.27%.
- What is the 15Y average operating margin for Bristol-Myers Squibb Company (BMY)?
- The 15Y average operating margin for BMY stock is 23.21%.
- What is the 20Y average operating margin for Bristol-Myers Squibb Company (BMY)?
- The 20Y average operating margin for BMY stock is 22.74%.
Bristol-Myers Squibb Company Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-12-31 | 26.34% |
| 2024-12-31 | 20.00% |
| 2023-12-31 | 18.82% |
| 2022-12-31 | 20.08% |
| 2021-12-31 | 20.57% |
| 2020-12-31 | 10.56% |
| 2019-12-31 | 24.63% |
| 2018-12-31 | 28.34% |
| 2017-12-31 | 25.22% |
| 2016-12-31 | 26.66% |
| 2015-12-31 | 23.78% |
| 2014-12-31 | 19.74% |
| 2013-12-31 | 19.10% |
| 2012-12-31 | 24.22% |
| 2011-12-31 | 31.78% |
| 2010-12-31 | 31.49% |
| 2009-12-31 | 26.84% |
| 2008-12-31 | 23.67% |
| 2007-12-31 | 19.47% |
| 2006-12-31 | 14.75% |
| 2005-12-31 | 21.48% |
| 2004-12-31 | 24.25% |
| 2003-12-31 | 23.61% |
| 2002-12-31 | 22.63% |
| 2001-12-31 | 26.56% |
| 2000-12-31 | 32.86% |
| 1999-12-31 | 25.91% |
| 1998-12-31 | 24.37% |
| 1997-12-31 | 26.57% |
| 1996-12-31 | 26.24% |
Related Metrics
About Bristol-Myers Squibb Company
Bristol-Myers Squibb Company operates as a global biopharmaceutical entity, actively involved in the research, development, licensing, production, and worldwide commercialization of its medicinal portfolio. The company's therapeutic areas span hematology, oncology, cardiovascular health, immunology, fibrotic conditions, neuroscience, and infectious diseases like COVID-19. Its significant pharmaceutical offerings include Revlimid, an oral immunomodulatory agent for multiple myeloma, and Eliquis, an oral anticoagulant crucial for reducing stroke risk and systemic embolism in non-valvular atrial fibrillation, as well as treating deep vein thrombosis and pulmonary embolism. The portfolio also features Opdivo, utilized across various anti-cancer indications; Pomalyst/Imnovid, prescribed for multiple myeloma patients; and Orencia, targeting active rheumatoid arthritis and psoriatic arthritis in adults. Other key therapies are Sprycel, employed in the management of Philadelphia chromosome-positive chronic myeloid leukemia; Yervoy, indicated for patients with unresectable or metastatic melanoma; and Abraxane, a protein-bound chemotherapy formulation. Furthermore, Bristol-Myers Squibb offers Reblozyl, addressing anemia in adult patients with beta thalassemia; Empliciti, another treatment option for multiple myeloma; and Zeposia, designed to treat relapsing forms of multiple sclerosis. Revolutionary treatments like Breyanzi, a CD19-directed genetically modified autologous T cell immunotherapy for adult patients battling relapsed or refractory large B-cell lymphoma, are also part of its lineup. Completing its product range are Inrebic, an oral kinase inhibitor specifically for adult myelofibrosis, and Onureg, used in the treatment of adult patients with acute myeloid leukemia (AML). Bristol-Myers Squibb distributes its pharmaceutical products through a diverse network encompassing wholesalers, distributors, pharmacies, retail outlets, hospitals, clinics, and governmental organizations. Founded in 1887 and formerly known as Bristol-Myers Company, the firm maintains its headquarters in New York, New York.
- Sector
- Healthcare
- Industry
- Drug Manufacturers - General
- CEO
- Christopher S. Boerner