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Bristol Myers Squibb vs ELI LILLY: revenue, profit, margins and growth compared

Bristol Myers Squibb brought in $48.2B of revenue in fiscal 2025, ELI LILLY $65.2B in fiscal 2025. Revenue changed by -0.2% at Bristol Myers Squibb and +44.7% at ELI LILLY on the year before, so ELI LILLY grew faster. Bristol Myers Squibb kept 14.6% of its revenue as net profit, ELI LILLY 31.7%.

Side by side, latest fiscal year

BMYLLY
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$48.2B$65.2B
Revenue growth-0.2%+44.7%
Net income$7.1B$20.6B
Net margin14.6%31.7%
Free cash flow$12.8Bn/a
Free cash flow margin26.7%n/a
Earnings per share (diluted)$3.46$22.95
Cash$10.2B$7.3B
Debt$44.8B$40.9B
Price to earnings18.251.6
Market value$128.4B$1.11T
Dividend yield3.96%0.53%
Rank by revenue in sector#16 of 523 · Health care#11 of 523 · Health care

Over the years

Revenue
BMY FY2018: $22.6BBMY FY2019: $26.1BBMY FY2020: $42.5BBMY FY2021: $46.4BBMY FY2022: $46.2BBMY FY2023: $45BBMY FY2024: $48.3BBMY FY2025: $48.2BLLY FY2018: $21.5BLLY FY2019: $22.3BLLY FY2020: $24.5BLLY FY2021: $28.3BLLY FY2022: $28.5BLLY FY2023: $34.1BLLY FY2024: $45BLLY FY2025: $65.2BFY18FY19FY20FY21FY22FY23FY24FY25
BMY $48.2BLLY $65.2B
Net income
BMY FY2018: $4.9BBMY FY2019: $3.4BBMY FY2020: -$9BBMY FY2021: $7BBMY FY2022: $6.3BBMY FY2023: $8BBMY FY2024: -$8.9BBMY FY2025: $7.1BLLY FY2018: $3.2BLLY FY2019: $8.3BLLY FY2020: $6.2BLLY FY2021: $5.6BLLY FY2022: $6.2BLLY FY2023: $5.2BLLY FY2024: $10.6BLLY FY2025: $20.6BFY18FY19FY20FY21FY22FY23FY24FY25
BMY $7.1BLLY $20.6B
Net margin
BMY FY2018: 21.8%BMY FY2019: 13.2%BMY FY2020: -21.2%BMY FY2021: 15.1%BMY FY2022: 13.7%BMY FY2023: 17.8%BMY FY2024: -18.5%BMY FY2025: 14.6%LLY FY2018: 15.0%LLY FY2019: 37.3%LLY FY2020: 25.2%LLY FY2021: 19.7%LLY FY2022: 21.9%LLY FY2023: 15.4%LLY FY2024: 23.5%LLY FY2025: 31.7%FY18FY19FY20FY21FY22FY23FY24FY25
BMY 14.6%LLY 31.7%
Revenue growth
BMY FY2019: +15.9%BMY FY2020: +62.6%BMY FY2021: +9.1%BMY FY2022: -0.5%BMY FY2023: -2.5%BMY FY2024: +7.3%BMY FY2025: -0.2%LLY FY2019: +3.8%LLY FY2020: +9.9%LLY FY2021: +15.4%LLY FY2022: +0.8%LLY FY2023: +19.6%LLY FY2024: +32.0%LLY FY2025: +44.7%FY19FY20FY21FY22FY23FY24FY25
BMY -0.2%LLY +44.7%
Free cash flow
BMY FY2018: $6.1BBMY FY2019: $7.4BBMY FY2020: $13.3BBMY FY2021: $15.2BBMY FY2022: $11.9BBMY FY2023: $12.7BBMY FY2024: $13.9BBMY FY2025: $12.8BFY18FY19FY20FY21FY22FY23FY24FY25
BMY $12.8BLLY

Fiscal years as each company reports them; the two may end in different months.

Questions about Bristol Myers Squibb and ELI LILLY

Which is bigger by revenue, Bristol Myers Squibb or ELI LILLY?

ELI LILLY is bigger by revenue: $65.2B in fiscal 2025, against $48.2B for Bristol Myers Squibb in fiscal 2025.

Which keeps more of its revenue as profit, Bristol Myers Squibb or ELI LILLY?

Bristol Myers Squibb had a net margin of 14.6% in fiscal 2025; ELI LILLY had 31.7% in fiscal 2025.

Which grew revenue faster, Bristol Myers Squibb or ELI LILLY?

In their latest fiscal years revenue changed by -0.2% at Bristol Myers Squibb and +44.7% at ELI LILLY.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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