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Bristol Myers Squibb vs Novo Nordisk A S

Bristol Myers Squibb and Novo Nordisk A S are similar in size: $48.19bn and $46.82bn of revenue in their latest fiscal years. Novo Nordisk A S grew faster (11.1% against -0.2%). Novo Nordisk A S kept more of each dollar of sales as profit: a net margin of 33.1% against 14.6%. Novo Nordisk A S carries less debt relative to equity (136.1% against 254.9%).

Latest fiscal yearBristol Myers SquibbBMY, 2025Novo Nordisk A SNVO, 2025
Revenue $48.19bn $46.82bn
Revenue growth -0.2% 11.1%
Net income $7.05bn $15.52bn
Operating margin — 41.3%
Net margin 14.6% 33.1%
Return on equity 40.5% 61.6%
Free cash flow $12.85bn $8.93bn
Cash $10.21bn $4.16bn
Total debt $47.09bn $41.49bn
Debt to equity 254.9% 136.1%
Dividend per share $2.49 —
Dividend yield 4.0% 4.4%
Share buybacks $0 $210m
Employees 32,500 —
Market value $126.73bn $177.65bn
Price vs our value range Below our value range Below our value range
Moat score 77 (Strong) —
Insider trades, 12 months 0 buys, 4 sales 0 buys, 0 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.