BMY vs. TMO: Bristol-Myers Squibb vs. Thermo Fisher Scientific Stock Comparison
How do Bristol-Myers Squibb (BMY) and Thermo Fisher Scientific (TMO) 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
Bristol-Myers Squibb (BMY) and Thermo Fisher Scientific (TMO) both fall under the Pharmaceuticals, Biotechnology & Life Sciences industry group, but BMY is classified in Pharmaceuticals while TMO is classified in Life Sciences Tools & Services.
| Profile Item | BMY | TMO |
|---|---|---|
| Name | Bristol-Myers Squibb Company | Thermo Fisher Scientific Inc. |
| 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 | Pharmaceuticals | Life Sciences Tools & Services |
| GICS Sub-Industry | Pharmaceuticals | Life Sciences Tools & Services |
| Market Capitalization | 127.02 billion USD | 257.42 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 1, 1972 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BMY | TMO |
|---|---|---|
| Total Return (1Y) | 38.62% | 24.62% |
| Total Return (3Y, Annualized) | 12.29% | 17.34% |
| Total Return (5Y, Annualized) | 5.09% | 3.11% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | BMY | TMO |
|---|---|---|
| Volatility (1Y, Annualized) | 28.01% | 29.96% |
| Beta (5Y) | 0.19 | 0.83 |
| Max Drawdown (5Y) | -47.67% | -40.95% |
| Avg. Volume (3M) | 10.85M | 2.10M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BMY | TMO |
|---|---|---|
| Sharpe Ratio (1Y) | 1.23 | 0.68 |
| Sortino Ratio (1Y) | 1.95 | 1.02 |
Profitability
ROE (TTM)
Both Bristol-Myers Squibb (BMY) at 44.01% and Thermo Fisher Scientific (TMO) at 13.38% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
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%
TMO
Pharmaceuticals, Biotechnology & Life Sciences industry group
13.38%
- Max
- 109.18%
- TMO
- 13.38%
- Q3
- 6.23%
- Median
- -26.66%
- Q1
- -64.05%
- Min
- -167.77%
Net Margin (TTM)
Bristol-Myers Squibb (BMY) at 18.47% keeps the most of each sales dollar — above its industry’s net margin range — and Thermo Fisher Scientific (TMO) at 14.94% also retains a top-quartile share.
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%
TMO
Pharmaceuticals, Biotechnology & Life Sciences industry group
14.94%
- Max
- 18.05%
- TMO
- 14.94%
- Q3
- 4.78%
- Median
- 0.00%
- Q1
- -4.14%
- Min
- -17.05%
Operating Margin (TTM)
Both Bristol-Myers Squibb (BMY) at 33.79% and Thermo Fisher Scientific (TMO) at 20.19% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
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%
TMO
Pharmaceuticals, Biotechnology & Life Sciences industry group
20.19%
- Max
- 83.12%
- TMO
- 20.19%
- Q3
- 14.77%
- Median
- 0.00%
- Q1
- -78.82%
- Min
- -207.40%
Profitability Metrics
| Metric | BMY | TMO |
|---|---|---|
| ROE (TTM) | 44.01% | 13.38% |
| ROA (TTM) | 10.90% | 5.19% |
| Net Margin (TTM) | 18.47% | 14.94% |
| Operating Margin (TTM) | 33.79% | 20.19% |
| Gross Margin (TTM) | 70.50% | 41.26% |
Growth
Revenue Growth
Both Bristol-Myers Squibb (BMY) at -0.22% and Thermo Fisher Scientific (TMO) at 3.91% 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: Thermo Fisher Scientific (TMO) reports EPS growth of 7.32%, ranked against its industry; Bristol-Myers Squibb (BMY) has no EPS growth figure this period.
Growth Metrics
| Metric | BMY | TMO |
|---|---|---|
| Revenue Growth (YoY) | -0.22% | 3.91% |
| Revenue Growth (3Y CAGR) | 1.45% | -0.27% |
| EPS Growth (YoY) | -- | 7.32% |
| EPS Growth (3Y CAGR) | 5.46% | 0.21% |
Financial Strength
Current Ratio (MRQ)
Both Bristol-Myers Squibb (BMY) at 1.59 and Thermo Fisher Scientific (TMO) at 1.81 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
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
TMO
Pharmaceuticals, Biotechnology & Life Sciences industry group
1.81
- Max
- 25.13
- Q3
- 12.13
- Median
- 5.52
- Q1
- 2.47
- TMO
- 1.81
- Min
- 0.10
Debt / Equity (MRQ)
Both balance sheets lean debt-heavy versus peers, but BMY is more stretched: Thermo Fisher Scientific (TMO) at 0.75 sits in the higher-leverage quartile and Bristol-Myers Squibb (BMY) at 1.91 is above its industry benchmark range.
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
TMO
Pharmaceuticals, Biotechnology & Life Sciences industry group
0.75
- Max
- 1.42
- TMO
- 0.75
- Q3
- 0.65
- Median
- 0.15
- Q1
- 0.02
- Min
- 0.00
Financial Strength Metrics
| Metric | BMY | TMO |
|---|---|---|
| Current Ratio (MRQ) | 1.59 | 1.81 |
| Debt / Equity (MRQ) | 1.91 | 0.75 |
| Net Debt / EBITDA | 1.77 | 2.91 |
Dividends
Dividend Yield (TTM)
Both Bristol-Myers Squibb (BMY) at 3.99% and Thermo Fisher Scientific (TMO) at 0.27% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.
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%
TMO
Pharmaceuticals, Biotechnology & Life Sciences industry group
0.27%
- TMO
- 0.27%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Bristol-Myers Squibb (BMY) at 55.88% and Thermo Fisher Scientific (TMO) at 9.70% pay out more of their earnings than any of their industry peers — the thinnest cover in their groups, so dividend headroom deserves attention.
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%
TMO
Pharmaceuticals, Biotechnology & Life Sciences industry group
9.70%
- TMO
- 9.70%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | BMY | TMO |
|---|---|---|
| Dividend Yield (TTM) | 3.99% | 0.27% |
| Dividend Payout Ratio (TTM) | 55.88% | 9.70% |
Valuation
P/E Ratio (TTM)
Both Bristol-Myers Squibb (BMY) at 13.78 and Thermo Fisher Scientific (TMO) at 36.64 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
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
TMO
Pharmaceuticals, Biotechnology & Life Sciences industry group
36.64
- Max
- 85.34
- Q3
- 43.46
- TMO
- 36.64
- Median
- 26.69
- 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 Thermo Fisher Scientific (TMO) at 5.44 prices around its industry’s middle — BMY costs less per dollar of sales, though read it alongside growth and margins.
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
TMO
Pharmaceuticals, Biotechnology & Life Sciences industry group
5.44
- Max
- 58.18
- Q3
- 25.77
- Median
- 7.30
- TMO
- 5.44
- Q1
- 3.01
- Min
- 0.01
P/B Ratio (MRQ)
On P/B ratio, both Bristol-Myers Squibb (BMY) at 5.43 and Thermo Fisher Scientific (TMO) at 4.70 are valued close to their industries’ norm against book — neither stands out from peers.
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
TMO
Pharmaceuticals, Biotechnology & Life Sciences industry group
4.70
- Max
- 13.53
- Q3
- 6.54
- TMO
- 4.70
- Median
- 3.25
- Q1
- 1.69
- Min
- -5.59
Valuation Metrics
| Metric | BMY | TMO |
|---|---|---|
| P/E Ratio (TTM) | 13.78 | 36.64 |
| P/S Ratio (TTM) | 2.54 | 5.44 |
| P/B Ratio (MRQ) | 5.43 | 4.70 |
| Free Cash Flow Yield (TTM) | 5.01% | 2.50% |