Bristol Myers Squibb (BMY) Operating Margin (2009 - 2026)
Bristol Myers Squibb (BMY) posted Operating Margin of 2.77% for Q2 2026, up 15.81 percentage points from -13.03% a year earlier and up 4.36 percentage points from the prior quarter.
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Analysis
Bristol Myers Squibb (BMY) Operating Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at Bristol Myers Squibb was -5.63%, up 10.26 percentage points year-over-year; for FY2025, it was -9.56%, up 36.71 percentage points from FY2024.
- Annual Operating Margin shows a five-year change of +34.29 percentage points (FY2020 to FY2025).
- In prior years, Bristol Myers Squibb's Operating Margin was -46.27% in FY2024 (-41.26 pp), -5.01% in FY2023 (+0.25 pp), -5.25% in FY2022 (-1.28 pp) and -3.97% in FY2021 (+39.88 pp).
- The Q2 2026 figure stands as the highest quarterly Operating Margin since Q3 2018.
- On a year-over-year basis, Operating Margin increased in five of the last eight quarters, with an average year-over-year change of +16.03 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q1 2025, with a gain of 121.22 percentage points; the weakest was Q1 2024, with a drop of 123.57 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was -1.58% (Q1 2026), -21.01% (Q4 2025) and -2.63% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,154.92 Bn | 1,123.51 Bn | 19.71 Bn | 51.16% |
| 2 | Johnson & Johnson | 624.00 Bn | 542.53 Bn | 17.26 Bn | 28.21% |
| 3 | AbbVie | 511.67 Bn | 484.78 Bn | 12.70 Bn | 37.86% |
| 4 | Merck | 365.56 Bn | 319.94 Bn | 12.21 Bn | -3.52% |
| 5 | Novartis Ag | 297.27 Bn | 261.26 Bn | 11.24 Bn | 32.97% |
| 6 | Astrazeneca | 261.19 Bn | 234.88 Bn | 12.86 Bn | 20.57% |
| 7 | Amgen | 235.19 Bn | 190.59 Bn | 7.24 Bn | 34.95% |
| 8 | Gilead Sciences | 193.04 Bn | 167.23 Bn | 6.22 Bn | -133.21% |
| 9 | Pfizer | 171.74 Bn | 118.39 Bn | 10.94 Bn | 28.37% |
| 10 | Bristol Myers Squibb | 125.61 Bn | 76.89 Bn | 9.25 Bn | 2.77% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.77% |
| Mar 31, 2026 | -1.58% |
| Dec 31, 2025 | -21.01% |
| Sep 30, 2025 | -2.63% |
| Jun 30, 2025 | -13.03% |
| Mar 31, 2025 | -0.55% |
| Dec 31, 2024 | -37.57% |
| Sep 30, 2024 | -10.77% |
| Jun 30, 2024 | -16.24% |
| Mar 31, 2024 | -121.77% |
| Dec 31, 2023 | -9.33% |
| Sep 30, 2023 | -3.36% |
| Jun 30, 2023 | -9.06% |
| Mar 31, 2023 | 1.80% |
| Dec 31, 2022 | -6.44% |
| Sep 30, 2022 | -1.28% |
| Jun 30, 2022 | -6.41% |
| Mar 31, 2022 | -6.73% |
| Dec 31, 2021 | -4.16% |
| Sep 30, 2021 | -1.15% |
API Access
Bristol Myers Squibb Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=BMY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "BMY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=BMY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();