BMY vs PFE vs TMO Stock Comparison

Bristol Myers Squibb, Pfizer and Thermo Fisher Scientific Prices as of Oct 26, 2026 Peers: Industry group
BMY Bristol Myers Squibb Co
$61.61 -2.0% 1M +40.6% 1Y
Market cap
$125.04B
P/E
13.5x
Revenue (TTM)
$49.19B
Div. yield
–
Pharmaceuticals Healthcare
5 wins
PFE Pfizer Inc
$29.79 +3.9% 1M +20.3% 1Y
Market cap
$169.32B
P/E
39.1x
Revenue (TTM)
$63.70B
Div. yield
0.06%
Pharmaceuticals Healthcare
3 wins

Head to Head

11 decided of 12

Bristol Myers Squibb leads on 5 of the 12 questions below (Bristol Myers Squibb 5, Thermo Fisher Scientific 3, Pfizer 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBMYPFETMOLeader
Larger companyMarket capitalisation $125.04B $169.32B $257.40B TMO
Cheaper on earningsLower P/E, profitable companies only 13.5x 39.1x 36.4x BMY
Cheaper on forward earningsLower price / next fiscal year consensus EPS 9.3x 10.5x 26.4x BMY
Faster revenue growthRevenue growth, trailing twelve months +3.1% -0.2% +8.3% TMO
More profitableNet margin, trailing twelve months 18.9% 6.8% — BMY
Better return on capitalReturn on invested capital -3.3% 13.4% — PFE
Less leveragedLower net debt / EBITDA 78.9x 1.9x — PFE
Higher dividend yieldTrailing dividend yield 0.00% 0.06% 0.00% –
Better 1-year returnPrice return, last 12 months +40.6% +20.3% +19.6% BMY
Better 5-year returnAnnualised price return, 5 years +1.8%/yr -7.1%/yr +2.3%/yr TMO
Less volatileAnnualised volatility, 1 year 28.4% 21.7% 29.9% PFE
Higher overall scoreMean of the five percentile scores vs peers 66/100 65/100 51/100 BMY

Percentile Scorecard

BMYPFETMO

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisBMYPFETMO
Valuation 86 #90 of 626 94 #37 of 626 49 #116 of 228
Growth 52 #291 of 604 23 #466 of 604 40 #133 of 221
Profitability 87 #75 of 555 92 #46 of 555 70 #63 of 208
Financial Health 16 #552 of 658 24 #502 of 658 –
Shareholder Returns 88 #45 of 368 91 #35 of 368 44 #77 of 137
Overall 66 65 51
  • BMY ranked among 673 companies in Pharmaceuticals and Biotechnology
  • PFE ranked among 673 companies in Pharmaceuticals and Biotechnology
  • TMO ranked among 248 companies in Medical Devices and Diagnostics

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodBMYPFETMOSPY
1 month -2.0%+3.9%+1.7% -0.8%
3 months -1.5%+20.8%+22.4% +3.5%
6 months +6.6%+11.2%+46.3% +7.0%
Year to date +14.2%+19.6%+18.2% +12.2%
1 year +40.6%+20.3%+19.6% +13.0%
3 years +20.8%-1.1%+58.7% +86.3%
3 years, per year +6.5%-0.4%+16.7% +23.1%
5 years +9.1%-30.7%+11.8% +68.6%
5 years, per year +1.8%-7.1%+2.3% +11.0%
10 years +25.0%-8.1%+362.6% +258.0%
10 years, per year +2.3%-0.8%+16.6% +13.6%

Risk

MeasureBMYPFETMOSPY
Volatility, 1Y 28.4%21.7%29.9% 12.7%
Downside volatility, 1Y 25.6%21.1%28.3% 12.7%
Beta vs S&P 500, 1Y 0.200.230.62 1.00
Return / volatility, 1Y 1.430.940.66 1.02
Max drawdown, 5Y -51.1%-64.8%-41.5% -25.4%
From 52-week high -9.5%-2.0%-1.7% -1.8%
52-week high $68.09$30.41$696.55 $779.14
52-week low $42.60$23.67$438.34 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleBMYPFETMO
P/E now vs peer median 13.6xmedian 17.1x 39.2xmedian 17.1x 35.9xmedian 30.6x
P/S now vs peer median 2.6xmedian 8.8x 2.7xmedian 8.8x 5.3xmedian 3.0x
EV/EBITDA now vs peer median 388.9xmedian 17.1x 8.2xmedian 17.1x —median 17.5x
P/FCF now vs peer median 11.0xmedian 18.0x 15.5xmedian 18.0x 34.0xmedian 23.3x
P/B now vs peer median 5.6xmedian 2.1x 2.0xmedian 2.1x 4.6xmedian 2.4x
PEG now vs peer median 2.20median 0.31 -0.95median 0.31 4.74median 0.87

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsBMYPFETMO
Revenue $49.19B $63.70B $47.35B
Gross profit $34.51B $46.61B –
Operating income -$2.77B $20.39B $8.47B
Net income $9.28B $4.36B $7.09B
Free cash flow $11.44B $10.99B –
R&D $10.72B $11.05B $1.40B
EPS (diluted) $4.53 $0.76 $19.06
Cash & equivalents $8.72B $976.00M $5.46B
Total debt $43.12B $63.19B –
Shares (diluted) 2.05B 5.70B 371.00M
Enterprise value $76.31B $115.96B $257.40B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricBMYPFETMO
P/E 13.6x 39.2x 35.9x
P/FCF 11.0x 15.5x 34.0x
P/Operating cash flow 9.8x 12.7x 27.2x
P/S 2.6x 2.7x 5.3x
P/B 5.6x 2.0x 4.6x
P/Tangible book 25.5x 4.4x 6.9x
EV/EBITDA 388.9x 8.2x –
EV/EBIT -57.0x 10.9x –
EV/Revenue 3.2x 3.5x 5.3x
EV/FCF 13.8x 20.1x –
EV/Operating cash flow 12.4x 16.5x 27.2x
PEG (3Y EPS CAGR) 2.20 -0.95 4.74

Growth

14 metrics
MetricBMYPFETMO
Revenue growth (1Y) 3.1% -0.2% 8.3%
Revenue CAGR (3Y) 2.9% -7.0% 2.9%
Gross profit growth (1Y) 2.9% 1.2% –
Gross profit CAGR (3Y) -0.3% -5.6% –
Operating income growth (1Y) 63.5% 1.5% 12.8%
Operating income CAGR (3Y) -17.9% -9.9% 7.2%
Net income growth (1Y) 83.3% -59.6% 7.9%
Net income CAGR (3Y) 5.2% -41.3% 6.2%
EPS growth (1Y) 82.9% -59.7% 9.7%
EPS CAGR (3Y) 6.2% -41.3% 7.6%
Operating cash flow growth (1Y) -19.6% -11.8% 21.9%
Operating cash flow CAGR (3Y) 2.6% -2.7% 4.5%
Free cash flow growth (1Y) -21.5% -11.7% –
Free cash flow CAGR (3Y) 2.2% 1.0% –

Profitability

14 metrics
MetricBMYPFETMO
Gross margin 70.2% 73.2% –
EBITDA margin 0.8% 42.4% –
Operating margin -5.6% 32.0% –
Pretax margin 24.2% 6.6% –
Net margin 18.9% 6.8% –
FCF margin 23.3% 17.2% –
Operating cash flow margin 26.0% 21.0% 19.7%
Return on equity 43.7% 5.0% 13.2%
Return on assets 10.7% 2.1% 6.2%
Return on invested capital -3.3% 13.4% –
Return on capital employed -4.0% 11.9% –
Asset turnover 0.6x 0.3x 0.4x
Cash conversion (OCF / net income) 1.4x 3.1x 1.3x
Stock comp / revenue 1.1% 1.5% –

Financial Health

11 metrics
MetricBMYPFETMO
Debt / assets 49.2% 31.4% –
Debt / equity 1.9x 0.7x –
Net debt / EBITDA 78.9x 1.9x –
Debt / FCF 3.8x 5.8x –
Liabilities / assets 74.5% 57.5% –
Equity / assets 25.5% 42.5% 47.9%
Interest coverage – – –
Current ratio 1.5x 1.3x 1.8x
Quick ratio 1.2x 0.7x –
Cash ratio 0.6x 0.4x –
Altman Z-score 2.07 2.36 –

Shareholder Returns

7 metrics
MetricBMYPFETMO
Dividend yield 4.1% 5.8% 0.3%
Net buyback yield – – –
Shareholder yield 4.1% 5.8% 0.3%
Payout ratio (earnings) – 224.5% –
Payout ratio (FCF) – 89.1% –
Dividend growth (1Y) – 1.5% –
Dividend CAGR (3Y) – 2.4% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusBMYPFETMO
Forward P/E 9.3xFY2026 10.5xFY2026 26.4xFY2026
EPS, next fiscal year $6.63FY2026 $2.85FY2026 $25.91FY2026
EPS growth, next FY +7.8%FY2026 -11.5%FY2026 +13.3%FY2026
EPS growth, the year after -3.9% -4.6% +2.0%
Revenue, next fiscal year $52.09BFY2026 $60.59BFY2026 $50.12BFY2026
Revenue growth, next FY +8.1%FY2026 -3.2%FY2026 +12.5%FY2026
Revenue growth, the year after -9.3% +3.9% -2.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBMYPFETMO
Held by institutions 81.8% 66.9% 90.2%
Institutions holding 2,519 2,835 2,621
Change in shares held, QoQ +3.8% +2.0% +0.8%
Institutions buying 1,185 1,324 1,141
Institutions selling 986 1,204 1,144
Buyers to sellers 1.20 1.10 1.00

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

BMYPFETMO
BMY 1.00 0.57 0.11
PFE 0.57 1.00 0.26
TMO 0.11 0.26 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BMY, PFE and TMO?

Thermo Fisher Scientific (TMO) is the largest by market capitalisation: Bristol Myers Squibb (BMY) $125.04B, Pfizer (PFE) $169.32B, Thermo Fisher Scientific (TMO) $257.40B.

Which stock is cheaper, BMY, PFE and TMO?

Bristol Myers Squibb (BMY) trades on the lowest price-to-earnings ratio (Bristol Myers Squibb (BMY) 13.5x, Pfizer (PFE) 39.1x, Thermo Fisher Scientific (TMO) 36.4x). On next year's consensus earnings, Bristol Myers Squibb (BMY) is cheapest (Bristol Myers Squibb (BMY) 9.3x, Pfizer (PFE) 10.5x, Thermo Fisher Scientific (TMO) 26.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Thermo Fisher Scientific (TMO) grew revenue fastest over the trailing twelve months: Bristol Myers Squibb (BMY) +3.1%, Pfizer (PFE) -0.2%, Thermo Fisher Scientific (TMO) +8.3%.

Which company is more profitable?

Bristol Myers Squibb (BMY) has the highest net margin (Bristol Myers Squibb (BMY) 18.9%, Pfizer (PFE) 6.8%). On return on invested capital, Pfizer (PFE) leads (Bristol Myers Squibb (BMY) -3.3%, Pfizer (PFE) 13.4%).

Which stock has performed better?

Over the past year Bristol Myers Squibb (BMY) returned the most: Bristol Myers Squibb (BMY) +40.6%, Pfizer (PFE) +20.3%, Thermo Fisher Scientific (TMO) +19.6%. Over five years, Thermo Fisher Scientific (TMO) compounded fastest (Bristol Myers Squibb (BMY) +1.8%/yr, Pfizer (PFE) -7.1%/yr, Thermo Fisher Scientific (TMO) +2.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Bristol Myers Squibb (BMY) 0.00%, Pfizer (PFE) 0.06%, Thermo Fisher Scientific (TMO) 0.00%. Bristol Myers Squibb (BMY) and Thermo Fisher Scientific (TMO) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Pfizer (PFE) has been the steadiest (Bristol Myers Squibb (BMY) 28.4%, Pfizer (PFE) 21.7%, Thermo Fisher Scientific (TMO) 29.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BMY, PFE and TMO?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Bristol Myers Squibb (BMY) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.