Bristol Myers Squibb vs ELI LILLY (BMY vs LLY)
Side by side from their SEC filings: revenue, margins, growth, returns and valuation, plus short interest, insider activity and institutional ownership.
ELI LILLY is the larger company by revenue ($65.2B vs $48.2B) and market value ($1.1T vs $117.6B). ELI LILLY has grown revenue faster over the last 4 fiscal years (+130.2% cumulative vs +3.9%). Bristol Myers Squibb trades at the lower trailing P/E (16.1x vs 42.0x).
About Bristol Myers Squibb
Bristol Myers Squibb is a biopharmaceutical company that discovers, develops, manufactures, markets, and sells innovative medicines for serious diseases. Its main products include biologics, small molecule drugs, CAR-T cell therapies, and radiopharmaceuticals used to treat conditions such as cancer, autoimmune diseases, cardiovascular and neurological disorders. The company serves patients worldwide through wholesalers, distributors, specialty pharmacies, hospitals, clinics, and government agencies.
About ELI LILLY
Eli Lilly and Company discovers, develops, manufactures, and markets human pharmaceutical products worldwide. Its main products include treatments for diabetes, oncology, immunology, and neuroscience conditions. The company serves healthcare providers, wholesalers, pharmacies, hospitals, and patients in approximately 90 countries.
Head to head (BMY FY2025 vs LLY FY2025)
| Metric | BMYFY2025 | LLYFY2025 |
|---|---|---|
| Revenue | $48.19B | $65.18B |
| Revenue growth (YoY) | -0.2% | 44.7% |
| Gross margin | 71.1% | 83.0% |
| Operating margin | — | — |
| Net margin | 14.6% | 31.7% |
| Net income | $7.05B | $20.64B |
| Diluted EPS | $3.46 | $22.95 |
| FCF margin | 26.7% | — |
| ROE | 38.1% | 77.8% |
| Debt / equity | 2.3× | 1.5× |
| Market cap | $117.58B | $1.05T |
| P/E (TTM) | 16.1× | 42.0× |
Fundamentals are from each company’s SEC filings (BMY FY2025, LLY FY2025). P/E and market cap are derived from recent market prices and update daily.
Five-year trend (as reported)
| Revenue | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| BMY | $46.38B | $46.16B | $45.01B | $48.30B | $48.19B |
| LLY | $28.32B | $28.54B | $34.12B | $45.04B | $65.18B |
Peer standing
Where each company ranks among the 198 pharmaceutical companies, on the same scale. Each figure is ranked only against peers that report it. Percentiles describe position in the distribution, not a rating.
| Metric | BMY | LLY |
|---|---|---|
| Gross margin | 71.1%57th percentile of 68 | 83.0%82nd percentile of 68 |
| Net margin | 14.6%76th percentile of 121 | 31.7%86th percentile of 121 |
| Revenue growth (YoY) | -0.2%34th percentile of 186 | +44.7%72nd percentile of 186 |
| ROE | 38.1%93rd percentile of 167 | 77.8%99th percentile of 167 |
| P/E (TTM) | 16.1×48th percentile of 61 | 42.0×80th percentile of 61 |
| Debt / equity | 2.32×91st percentile of 65 | 1.54×88th percentile of 65 |
| Short interest (days to cover) | 2.47d22nd percentile of 197 | 2.58d24th percentile of 197 |
Short interest
| FINRA settlement data | BMY | LLY |
|---|---|---|
| Shares sold short | 40.5M | 9.4M |
| Change vs prior settlement | +2.4% | -3.2% |
| Days to cover | 2.47 | 2.58 |
| As of settlement | 2026-06-30 | 2026-06-30 |
Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data; republishing or redistributing it is not permitted. Not presented as a percentage of float. No FINRA endorsement of this product is implied.
Insider activity (last 90 days)
| Form 4 open-market activity | BMY | LLY |
|---|---|---|
| Buys | — | 0 |
| Sells | — | 3 ($18.6M) |
Open-market purchases and sales reported on SEC Form 4 (grants, exercises and tax withholding excluded). For context, about 16% of covered companies saw any open-market insider buy in a 90-day window.
Held by the same investors
10 tracked 13F managers hold both Bristol Myers Squibb and ELI LILLY as of their latest quarterly filings: AQR Capital Management, Bridgewater Associates, Citadel Advisors, D. E. Shaw, Dodge & Cox, Gotham Asset Management, Millennium Management, Point72 Asset Management, Renaissance Technologies, Two Sigma Investments. See which superinvestors hold your own portfolio with the smart money checker.
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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filings before relying on them. Comparisons are descriptive (higher or lower on a reported figure), not a rating or a recommendation. Informational only. Not investment advice.