AMGN vs. BMY: Amgen vs. Bristol-Myers Squibb Stock Comparison
How do Amgen (AMGN) and Bristol-Myers Squibb (BMY) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Amgen (AMGN) and Bristol-Myers Squibb (BMY) both fall under the Pharmaceuticals, Biotechnology & Life Sciences industry group, but AMGN is classified in Biotechnology while BMY is classified in Pharmaceuticals.
| Profile Item | AMGN | BMY |
|---|---|---|
| Name | Amgen Inc. Common Stock | Bristol-Myers Squibb Company |
| Country/Region | United States | United States |
| GICS Sector | Health Care | Health Care |
| GICS Industry Group | Pharmaceuticals, Biotechnology & Life Sciences | Pharmaceuticals, Biotechnology & Life Sciences |
| GICS Industry | Biotechnology | Pharmaceuticals |
| GICS Sub-Industry | Biotechnology | Pharmaceuticals |
| Market Capitalization | 249.05 billion USD | 127.02 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | June 17, 1983 | June 1, 1972 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | AMGN | BMY |
|---|---|---|
| Total Return (1Y) | 48.82% | 38.62% |
| Total Return (3Y, Annualized) | 24.31% | 12.29% |
| Total Return (5Y, Annualized) | 20.67% | 5.09% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | AMGN | BMY |
|---|---|---|
| Volatility (1Y, Annualized) | 29.12% | 28.01% |
| Beta (5Y) | 0.43 | 0.19 |
| Max Drawdown (5Y) | -24.86% | -47.67% |
| Avg. Volume (3M) | 2.76M | 10.85M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | AMGN | BMY |
|---|---|---|
| Sharpe Ratio (1Y) | 1.53 | 1.23 |
| Sortino Ratio (1Y) | 2.36 | 1.95 |
Profitability
ROE (TTM)
Both Amgen (AMGN) at 78.35% and Bristol-Myers Squibb (BMY) at 44.01% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
AMGN
Pharmaceuticals, Biotechnology & Life Sciences industry group
78.35%
- Max
- 109.18%
- AMGN
- 78.35%
- Q3
- 6.23%
- Median
- -26.66%
- Q1
- -64.05%
- Min
- -167.77%
BMY
Pharmaceuticals, Biotechnology & Life Sciences industry group
44.01%
- Max
- 109.18%
- BMY
- 44.01%
- Q3
- 6.23%
- Median
- -26.66%
- Q1
- -64.05%
- Min
- -167.77%
Net Margin (TTM)
Both Amgen (AMGN) at 24.14% and Bristol-Myers Squibb (BMY) at 18.47% keep an unusually large share of revenue as bottom-line profit — each net margin clears its industry’s benchmark range.
AMGN
Pharmaceuticals, Biotechnology & Life Sciences industry group
24.14%
- AMGN
- 24.14%
- Max
- 18.05%
- Q3
- 4.78%
- Median
- 0.00%
- Q1
- -4.14%
- Min
- -17.05%
BMY
Pharmaceuticals, Biotechnology & Life Sciences industry group
18.47%
- BMY
- 18.47%
- Max
- 18.05%
- Q3
- 4.78%
- Median
- 0.00%
- Q1
- -4.14%
- Min
- -17.05%
Operating Margin (TTM)
Both Amgen (AMGN) at 35.79% and Bristol-Myers Squibb (BMY) at 33.79% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
AMGN
Pharmaceuticals, Biotechnology & Life Sciences industry group
35.79%
- Max
- 83.12%
- AMGN
- 35.79%
- Q3
- 14.77%
- Median
- 0.00%
- Q1
- -78.82%
- Min
- -207.40%
BMY
Pharmaceuticals, Biotechnology & Life Sciences industry group
33.79%
- Max
- 83.12%
- BMY
- 33.79%
- Q3
- 14.77%
- Median
- 0.00%
- Q1
- -78.82%
- Min
- -207.40%
Profitability Metrics
| Metric | AMGN | BMY |
|---|---|---|
| ROE (TTM) | 78.35% | 44.01% |
| ROA (TTM) | 8.91% | 10.90% |
| Net Margin (TTM) | 24.14% | 18.47% |
| Operating Margin (TTM) | 35.79% | 33.79% |
| Gross Margin (TTM) | 72.47% | 70.50% |
Growth
Revenue Growth
Both Amgen (AMGN) at 9.95% and Bristol-Myers Squibb (BMY) at -0.22% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Only one side can be read here: Amgen (AMGN) reports EPS growth of 88.23%, ranked against its industry; Bristol-Myers Squibb (BMY) has no EPS growth figure this period.
Growth Metrics
| Metric | AMGN | BMY |
|---|---|---|
| Revenue Growth (YoY) | 9.95% | -0.22% |
| Revenue Growth (3Y CAGR) | 11.77% | 1.45% |
| EPS Growth (YoY) | 88.23% | -- |
| EPS Growth (3Y CAGR) | 5.52% | 5.46% |
Financial Strength
Current Ratio (MRQ)
Both Amgen (AMGN) at 1.48 and Bristol-Myers Squibb (BMY) at 1.59 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
AMGN
Pharmaceuticals, Biotechnology & Life Sciences industry group
1.48
- Max
- 25.13
- Q3
- 12.13
- Median
- 5.52
- Q1
- 2.47
- AMGN
- 1.48
- Min
- 0.10
BMY
Pharmaceuticals, Biotechnology & Life Sciences industry group
1.59
- Max
- 25.13
- Q3
- 12.13
- Median
- 5.52
- Q1
- 2.47
- BMY
- 1.59
- Min
- 0.10
Debt / Equity (MRQ)
Debt sits unusually high against shareholders’ equity for both Amgen (AMGN) at 3.76 and Bristol-Myers Squibb (BMY) at 1.91 — each debt-to-equity ratio is above its industry benchmark range.
AMGN
Pharmaceuticals, Biotechnology & Life Sciences industry group
3.76
- AMGN
- 3.76
- Max
- 1.42
- Q3
- 0.65
- Median
- 0.15
- Q1
- 0.02
- Min
- 0.00
BMY
Pharmaceuticals, Biotechnology & Life Sciences industry group
1.91
- BMY
- 1.91
- Max
- 1.42
- Q3
- 0.65
- Median
- 0.15
- Q1
- 0.02
- Min
- 0.00
Financial Strength Metrics
| Metric | AMGN | BMY |
|---|---|---|
| Current Ratio (MRQ) | 1.48 | 1.59 |
| Debt / Equity (MRQ) | 3.76 | 1.91 |
| Net Debt / EBITDA | 2.31 | 1.77 |
Dividends
Dividend Yield (TTM)
Both Amgen (AMGN) at 2.16% and Bristol-Myers Squibb (BMY) at 3.99% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.
AMGN
Pharmaceuticals, Biotechnology & Life Sciences industry group
2.16%
- AMGN
- 2.16%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
BMY
Pharmaceuticals, Biotechnology & Life Sciences industry group
3.99%
- BMY
- 3.99%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Amgen (AMGN) at 57.62% and Bristol-Myers Squibb (BMY) at 55.88% pay out more of their earnings than any of their industry peers — the thinnest cover in their groups, so dividend headroom deserves attention.
AMGN
Pharmaceuticals, Biotechnology & Life Sciences industry group
57.62%
- AMGN
- 57.62%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
BMY
Pharmaceuticals, Biotechnology & Life Sciences industry group
55.88%
- BMY
- 55.88%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | AMGN | BMY |
|---|---|---|
| Dividend Yield (TTM) | 2.16% | 3.99% |
| Dividend Payout Ratio (TTM) | 57.62% | 55.88% |
Valuation
P/E Ratio (TTM)
Both Amgen (AMGN) at 26.69 and Bristol-Myers Squibb (BMY) at 13.78 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
AMGN
Pharmaceuticals, Biotechnology & Life Sciences industry group
26.69
- Max
- 85.34
- Q3
- 43.46
- AMGN
- 26.69
- Median
- 26.69
- Q1
- 13.30
- Min
- 0.07
BMY
Pharmaceuticals, Biotechnology & Life Sciences industry group
13.78
- Max
- 85.34
- Q3
- 43.46
- Median
- 26.69
- BMY
- 13.78
- Q1
- 13.30
- Min
- 0.07
P/S Ratio (TTM)
Bristol-Myers Squibb (BMY) at 2.54 sits in the cheaper P/S ratio quartile while Amgen (AMGN) at 6.40 prices around its industry’s middle — BMY costs less per dollar of sales, though read it alongside growth and margins.
AMGN
Pharmaceuticals, Biotechnology & Life Sciences industry group
6.40
- Max
- 58.18
- Q3
- 25.77
- Median
- 7.30
- AMGN
- 6.40
- Q1
- 3.01
- Min
- 0.01
BMY
Pharmaceuticals, Biotechnology & Life Sciences industry group
2.54
- Max
- 58.18
- Q3
- 25.77
- Median
- 7.30
- Q1
- 3.01
- BMY
- 2.54
- Min
- 0.01
P/B Ratio (MRQ)
Bristol-Myers Squibb (BMY) at 5.43 sits near its industry’s typical P/B ratio, while Amgen (AMGN) at 17.35 prices above its benchmark range — AMGN looks rich relative to book.
AMGN
Pharmaceuticals, Biotechnology & Life Sciences industry group
17.35
- AMGN
- 17.35
- Max
- 13.53
- Q3
- 6.54
- Median
- 3.25
- Q1
- 1.69
- Min
- -5.59
BMY
Pharmaceuticals, Biotechnology & Life Sciences industry group
5.43
- Max
- 13.53
- Q3
- 6.54
- BMY
- 5.43
- Median
- 3.25
- Q1
- 1.69
- Min
- -5.59
Valuation Metrics
| Metric | AMGN | BMY |
|---|---|---|
| P/E Ratio (TTM) | 26.69 | 13.78 |
| P/S Ratio (TTM) | 6.40 | 2.54 |
| P/B Ratio (MRQ) | 17.35 | 5.43 |
| Free Cash Flow Yield (TTM) | 2.96% | 5.01% |