BRISTOL MYERS SQUIBB CO (BMY) closed fiscal year 2025 with a gross margin of 71.1 % and a net margin of 14.6 %.
BRISTOL MYERS SQUIBB CO (BMY) closed fiscal year 2025 with a gross margin of 71.1 % and a net margin of 14.6 %. The same year shows an EBITDA margin of 31.6 % and an EBIT margin of 23.3 %. The free cash flow margin was 26.7 %. Against the previous year the gross margin moved +0.0 pp and the net margin +33.2 pp. Across the period the gross margin ranges between 68.5 % in 2007 and 78.6 % in 2021. The series covers 19 fiscal years, from 2007 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 68.50 % | 69.99 % | 72.67 % | 72.92 % | 73.65 % | 73.84 % | 71.81 % | 75.24 % | 76.39 % | 74.54 % | 70.67 % | 71.34 % | 69.10 % | 72.31 % | 78.57 % | 78.04 % | 76.24 % | 71.08 % | 71.08 % |
| EBITDA margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 41.64 % | 43.03 % | 6.56 % | 31.60 % |
| EBIT margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 19.38 % | 21.34 % | -13.32 % | 23.28 % |
| Net margin (%) | 13.86 % | 29.62 % | 56.42 % | 15.92 % | 17.46 % | 11.12 % | 15.64 % | 12.62 % | 9.45 % | 22.94 % | 4.85 % | 21.81 % | 13.15 % | -21.20 % | 15.08 % | 13.71 % | 17.83 % | -18.53 % | 14.64 % |
| FCF margin (%) | 14.79 % | 15.61 % | 17.73 % | 20.87 % | 21.06 % | 36.28 % | 18.36 % | 16.51 % | 7.76 % | 9.49 % | 20.31 % | 27.10 % | 28.20 % | 31.28 % | 32.84 % | 25.88 % | 28.11 % | 28.87 % | 26.65 % |
