Bristol Myers Squibb (BMY) Return on Invested Capital [ROIC] (2009 - 2026)
Bristol Myers Squibb's Return on Invested Capital [ROIC] was -3.32% in Q2 2026, up 5.38 percentage points from -8.70% a year earlier and up 2.27 percentage points from the prior quarter.
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Analysis
Bristol Myers Squibb (BMY) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Bristol Myers Squibb came in at -5.38%, up 27.66 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a five-year change of +14.56 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was -33.03% in FY2024 (-29.96 pp), -3.07% in FY2023 (-0.43 pp), -2.64% in FY2022 (-0.75 pp) and -1.89% in FY2021 (+18.05 pp).
- The Q2 2026 figure marks the highest quarterly Return on Invested Capital [ROIC] since Q4 2023.
- Compared with a year earlier, Return on Invested Capital [ROIC] has increased for six straight quarters, with an average year-over-year change of +4.17 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q4 2025 (a gain of 28.29 percentage points); the worst was Q4 2024 (a drop of 30.45 percentage points).
- Per Business Quant data, BMY's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was -5.59% (Q1 2026), -5.31% (Q4 2025) and -7.42% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,199.50 Bn | 1,168.08 Bn | 19.71 Bn | 37.16% |
| 2 | Johnson & Johnson | 635.17 Bn | 555.03 Bn | 17.30 Bn | 17.57% |
| 3 | AbbVie | 504.69 Bn | 477.85 Bn | 12.70 Bn | 18.68% |
| 4 | Merck | 358.43 Bn | 312.86 Bn | 12.21 Bn | 3.56% |
| 5 | Novartis Ag | 288.36 Bn | 252.75 Bn | 11.24 Bn | 34.87% |
| 6 | Astrazeneca | 265.78 Bn | 239.54 Bn | 12.86 Bn | 23.26% |
| 7 | Amgen | 237.46 Bn | 192.86 Bn | 7.24 Bn | 14.33% |
| 8 | Gilead Sciences | 193.65 Bn | 167.76 Bn | 6.22 Bn | -5.97% |
| 9 | Pfizer | 171.05 Bn | 118.00 Bn | 10.94 Bn | 13.44% |
| 10 | Bristol Myers Squibb | 125.59 Bn | 76.86 Bn | 9.25 Bn | -3.32% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -3.32% |
| Mar 31, 2026 | -5.59% |
| Dec 31, 2025 | -5.31% |
| Sep 30, 2025 | -7.42% |
| Jun 30, 2025 | -8.70% |
| Mar 31, 2025 | -10.64% |
| Dec 31, 2024 | -33.61% |
| Sep 30, 2024 | -27.54% |
| Jun 30, 2024 | -25.22% |
| Mar 31, 2024 | -23.90% |
| Dec 31, 2023 | -3.16% |
| Sep 30, 2023 | -2.71% |
| Jun 30, 2023 | -2.22% |
| Mar 31, 2023 | -1.71% |
| Dec 31, 2022 | -2.80% |
| Sep 30, 2022 | -2.59% |
| Jun 30, 2022 | -2.49% |
| Mar 31, 2022 | -2.54% |
| Dec 31, 2021 | -1.96% |
| Sep 30, 2021 | -17.93% |
API Access
Bristol Myers Squibb Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=BMY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=BMY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();