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Astrazeneca vs Bristol Myers Squibb

Astrazeneca is the larger business, with $58.74bn of revenue in fiscal 2025 against $48.19bn for Bristol Myers Squibb (1.2 times as much). Astrazeneca grew faster (8.6% against -0.2%). Astrazeneca kept more of each dollar of sales as profit: a net margin of 17.4% against 14.6%. Astrazeneca carries less debt relative to equity (60.9% against 254.9%).

Latest fiscal yearAstrazenecaAZN, 2025Bristol Myers SquibbBMY, 2025
Revenue $58.74bn $48.19bn
Revenue growth 8.6% -0.2%
Net income $10.22bn $7.05bn
Operating margin 23.4% —
Net margin 17.4% 14.6%
Return on equity 22.9% 40.5%
Free cash flow $11.77bn $12.85bn
Cash $5.71bn $10.21bn
Total debt $29.62bn $47.09bn
Debt to equity 60.9% 254.9%
Dividend per share — $2.49
Dividend yield 1.7% 4.0%
Share buybacks $521m $0
Employees — 32,500
Market value $286.25bn $126.73bn
Price vs our value range Within our value range Below our value range
Moat score — 77 (Strong)
Insider trades, 12 months 1 buys, 1 sales 0 buys, 4 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.