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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,109.83 Bn | 1,078.42 Bn | 19.71 Bn | 51.16% |
| 2 | Johnson & Johnson | 610.61 Bn | 529.14 Bn | 17.26 Bn | 28.21% |
| 3 | AbbVie | 500.66 Bn | 473.77 Bn | 12.70 Bn | 37.86% |
| 4 | Merck | 354.64 Bn | 309.02 Bn | 12.21 Bn | -3.52% |
| 5 | Novartis Ag | 291.14 Bn | 255.13 Bn | 11.24 Bn | 32.97% |
| 6 | Astrazeneca | 254.18 Bn | 227.87 Bn | 12.86 Bn | 20.57% |
| 7 | Amgen | 229.46 Bn | 184.86 Bn | 7.24 Bn | 34.95% |
| 8 | Gilead Sciences | 190.33 Bn | 164.53 Bn | 6.22 Bn | -133.21% |
| 9 | Pfizer | 167.92 Bn | 114.57 Bn | 10.94 Bn | 28.37% |
| 10 | Bristol Myers Squibb | 120.21 Bn | 71.48 Bn | 9.25 Bn | 2.77% |
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% |
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_KEY
import 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();