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Bristol Myers Squibb vs Pfizer (BMY vs PFE)

Side by side from their SEC filings: revenue, margins, growth, returns and valuation, plus short interest, insider activity and institutional ownership.

Pfizer is the larger company by revenue ($62.6B vs $48.2B) and market value ($139.5B vs $117.6B). Bristol Myers Squibb has grown revenue faster over the last 4 fiscal years (+3.9% cumulative vs -23.0%). Bristol Myers Squibb trades at the lower trailing P/E (16.1x vs 18.7x).

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 Pfizer

Pfizer Inc. is a global biopharmaceutical company that discovers, develops, manufactures, markets, sells, and distributes medicines and vaccines worldwide. Its main products include treatments in oncology, internal medicine, vaccines, inflammation, and immunology, serving healthcare providers and patients across developed and emerging markets. Pfizer operates through its Biopharma segment, which manages commercial operations and product portfolios such as primary care, specialty care, oncology, and hospital and biosimilars.

Head to head (BMY FY2025 vs PFE FY2025)

MetricBMYFY2025PFEFY2025
Revenue$48.19B$62.58B
Revenue growth (YoY)-0.2%-1.6%
Gross margin71.1%74.3%
Operating margin
Net margin14.6%12.4%
Net income$7.05B$7.77B
Diluted EPS$3.46$1.36
FCF margin26.7%14.5%
ROE38.1%9.0%
Debt / equity2.3×0.7×
Market cap$117.58B$139.52B
P/E (TTM)16.1×18.7×

Fundamentals are from each company’s SEC filings (BMY FY2025, PFE FY2025). P/E and market cap are derived from recent market prices and update daily.

Five-year trend (as reported)

RevenueFY2021FY2022FY2023FY2024FY2025
BMY$46.38B$46.16B$45.01B$48.30B$48.19B
PFE$81.29B$91.79B$59.55B$63.63B$62.58B
Net incomeFY2021FY2022FY2023FY2024FY2025
BMY$6.99B$6.33B$8.03B$-8.95B$7.05B
PFE$21.98B$31.37B$2.12B$8.03B$7.77B
Operating marginFY2021FY2022FY2023FY2024FY2025
BMY
PFE

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.

MetricBMYPFE
Gross margin
71.1%57th percentile of 68
74.3%64th percentile of 68
Net margin
14.6%76th percentile of 121
12.4%72nd percentile of 121
FCF margin
26.7%86th percentile of 109
14.5%67th percentile of 109
Revenue growth (YoY)
-0.2%34th percentile of 186
-1.6%30th percentile of 186
ROE
38.1%93rd percentile of 167
9.0%73rd percentile of 167
P/E (TTM)
16.1×48th percentile of 61
18.7×57th percentile of 61
Debt / equity
2.32×91st percentile of 65
0.71×59th percentile of 65
Short interest (days to cover)
2.47d22nd percentile of 197
2.69d27th percentile of 197

Short interest

FINRA settlement dataBMYPFE
Shares sold short40.5M163.6M
Change vs prior settlement+2.4%+0.9%
Days to cover2.472.69
As of settlement2026-06-302026-06-30

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 activityBMYPFE
Buys0
Sells1 ($51,400)

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

8 tracked 13F managers hold both Bristol Myers Squibb and Pfizer as of their latest quarterly filings: AQR Capital Management, Citadel Advisors, D. E. Shaw, Dodge & Cox, Gotham Asset Management, Millennium Management, Point72 Asset Management, 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.