Drug Manufacturers - General
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LLY vs BMY
Revenue, margins, valuation, and 5-year total return — side by side.
Drug Manufacturers - General
LLY vs BMY — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Drug Manufacturers - General | Drug Manufacturers - General |
| Market Cap | $933.66B | $116.22B |
| Revenue (TTM) | $72.25B | $48.48B |
| Net Income (TTM) | $25.27B | $7.28B |
| Gross Margin | 83.5% | 68.7% |
| Operating Margin | 45.9% | 25.7% |
| Forward P/E | 28.6x | 9.0x |
| Total Debt | $42.50B | $47.14B |
| Cash & Equiv. | $7.16B | $10.21B |
LLY vs BMY — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Eli Lilly and Compa… (LLY) | 100 | 645.4 | +545.4% |
| Bristol-Myers Squib… (BMY) | 100 | 101.5 | +1.5% |
Price return only. Dividends and distributions are not included.
Quick Verdict: LLY vs BMY
Each card shows where this stock fits in a portfolio — not just who wins on paper.
LLY carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- Rev growth 44.7%, EPS growth 96.0%, 3Y rev CAGR 31.7%
- 12.6% 10Y total return vs BMY's 8.0%
- Lower volatility, beta 0.71, current ratio 1.58x
BMY is the clearest fit if your priority is income & stability and defensive.
- Dividend streak 6 yrs, beta 0.50, yield 4.3%
- Beta 0.50, yield 4.3%, current ratio 1.26x
- Lower P/E (9.0x vs 28.6x)
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 44.7% revenue growth vs BMY's -0.2% | |
| Value | Lower P/E (9.0x vs 28.6x) | |
| Quality / Margins | 35.0% margin vs BMY's 15.0% | |
| Stability / Safety | Beta 0.50 vs LLY's 0.71 | |
| Dividends | 0.6% yield, 11-year raise streak, vs BMY's 4.3% | |
| Momentum (1Y) | +21.1% vs BMY's +18.7% | |
| Efficiency (ROA) | 22.7% ROA vs BMY's 7.9%, ROIC 41.8% vs 16.9% |
LLY vs BMY — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
LLY vs BMY — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
LLY leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
LLY and BMY operate at a comparable scale, with $72.2B and $48.5B in trailing revenue. LLY is the more profitable business, keeping 35.0% of every revenue dollar as net income compared to BMY's 15.0%. On growth, LLY holds the edge at +55.5% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $72.2B | $48.5B |
| EBITDAEarnings before interest/tax | $34.7B | $15.7B |
| Net IncomeAfter-tax profit | $25.3B | $7.3B |
| Free Cash FlowCash after capex | $13.6B | $11.9B |
| Gross MarginGross profit ÷ Revenue | +83.5% | +68.7% |
| Operating MarginEBIT ÷ Revenue | +45.9% | +25.7% |
| Net MarginNet income ÷ Revenue | +35.0% | +15.0% |
| FCF MarginFCF ÷ Revenue | +18.8% | +24.6% |
| Rev. Growth (YoY)Latest quarter vs prior year | +55.5% | +2.6% |
| EPS Growth (YoY)Latest quarter vs prior year | +169.9% | +9.2% |
Valuation Metrics
BMY leads this category, winning 6 of 6 comparable metrics.
Valuation Metrics
At 16.5x trailing earnings, BMY trades at a 62% valuation discount to LLY's 43.1x P/E. On an enterprise value basis, BMY's 9.3x EV/EBITDA is more attractive than LLY's 31.0x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $933.7B | $116.2B |
| Enterprise ValueMkt cap + debt − cash | $969.0B | $153.1B |
| Trailing P/EPrice ÷ TTM EPS | 43.06x | 16.50x |
| Forward P/EPrice ÷ next-FY EPS est. | 28.62x | 9.04x |
| PEG RatioP/E ÷ EPS growth rate | 1.49x | — |
| EV / EBITDAEnterprise value multiple | 31.00x | 9.25x |
| Price / SalesMarket cap ÷ Revenue | 14.32x | 2.41x |
| Price / BookPrice ÷ Book value/share | 33.44x | 6.28x |
| Price / FCFMarket cap ÷ FCF | 104.06x | 9.05x |
Profitability & Efficiency
LLY leads this category, winning 8 of 8 comparable metrics.
Profitability & Efficiency
LLY delivers a 101.2% return on equity — every $100 of shareholder capital generates $101 in annual profit, vs $39 for BMY. LLY carries lower financial leverage with a 1.60x debt-to-equity ratio, signaling a more conservative balance sheet compared to BMY's 2.55x.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +101.2% | +39.0% |
| ROA (TTM)Return on assets | +22.7% | +7.9% |
| ROICReturn on invested capital | +41.8% | +16.9% |
| ROCEReturn on capital employed | +46.6% | +18.7% |
| Piotroski ScoreFundamental quality 0–9 | 8 | 8 |
| Debt / EquityFinancial leverage | 1.60x | 2.55x |
| Net DebtTotal debt minus cash | $35.3B | $36.9B |
| Cash & Equiv.Liquid assets | $7.2B | $10.2B |
| Total DebtShort + long-term debt | $42.5B | $47.1B |
| Interest CoverageEBIT ÷ Interest expense | 35.68x | 10.33x |
Total Returns (Dividends Reinvested)
LLY leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in LLY five years ago would be worth $52,493 today (with dividends reinvested), compared to $10,588 for BMY. Over the past 12 months, LLY leads with a +21.1% total return vs BMY's +18.7%. The 3-year compound annual growth rate (CAGR) favors LLY at 32.9% vs BMY's -2.0% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -8.4% | +8.8% |
| 1-Year ReturnPast 12 months | +21.1% | +18.7% |
| 3-Year ReturnCumulative with dividends | +134.8% | -5.8% |
| 5-Year ReturnCumulative with dividends | +424.9% | +5.9% |
| 10-Year ReturnCumulative with dividends | +1260.9% | +8.0% |
| CAGR (3Y)Annualised 3-year return | +32.9% | -2.0% |
Risk & Volatility
BMY leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
BMY is the less volatile stock with a 0.50 beta — it tends to amplify market swings less than LLY's 0.71 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. BMY currently trades 90.5% from its 52-week high vs LLY's 87.1% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.71x | 0.50x |
| 52-Week HighHighest price in past year | $1133.95 | $62.89 |
| 52-Week LowLowest price in past year | $623.78 | $42.52 |
| % of 52W HighCurrent price vs 52-week peak | +87.1% | +90.5% |
| RSI (14)Momentum oscillator 0–100 | 58.6 | 44.3 |
| Avg Volume (50D)Average daily shares traded | 2.6M | 10.5M |
Analyst Outlook
Evenly matched — LLY and BMY each lead in 1 of 2 comparable metrics.
Analyst Outlook
Wall Street rates LLY as "Buy" and BMY as "Hold". Consensus price targets imply 27.4% upside for LLY (target: $1258) vs 8.9% for BMY (target: $62). For income investors, BMY offers the higher dividend yield at 4.34% vs LLY's 0.61%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold |
| Price TargetConsensus 12-month target | $1258.47 | $62.00 |
| # AnalystsCovering analysts | 45 | 41 |
| Dividend YieldAnnual dividend ÷ price | +0.6% | +4.3% |
| Dividend StreakConsecutive years of raises | 11 | 6 |
| Dividend / ShareAnnual DPS | $6.00 | $2.47 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.4% | 0.0% |
LLY leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). BMY leads in 2 (Valuation Metrics, Risk & Volatility). 1 tied.
LLY vs BMY: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is LLY or BMY a better buy right now?
For growth investors, Eli Lilly and Company (LLY) is the stronger pick with 44.
7% revenue growth year-over-year, versus -0. 2% for Bristol-Myers Squibb Company (BMY). Bristol-Myers Squibb Company (BMY) offers the better valuation at 16. 5x trailing P/E (9. 0x forward), making it the more compelling value choice. Analysts rate Eli Lilly and Company (LLY) a "Buy" — based on 45 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — LLY or BMY?
On trailing P/E, Bristol-Myers Squibb Company (BMY) is the cheapest at 16.
5x versus Eli Lilly and Company at 43. 1x. On forward P/E, Bristol-Myers Squibb Company is actually cheaper at 9. 0x.
03Which is the better long-term investment — LLY or BMY?
Over the past 5 years, Eli Lilly and Company (LLY) delivered a total return of +424.
9%, compared to +5. 9% for Bristol-Myers Squibb Company (BMY). Over 10 years, the gap is even starker: LLY returned +1261% versus BMY's +8. 0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — LLY or BMY?
By beta (market sensitivity over 5 years), Bristol-Myers Squibb Company (BMY) is the lower-risk stock at 0.
50β versus Eli Lilly and Company's 0. 71β — meaning LLY is approximately 41% more volatile than BMY relative to the S&P 500. On balance sheet safety, Eli Lilly and Company (LLY) carries a lower debt/equity ratio of 160% versus 3% for Bristol-Myers Squibb Company — giving it more financial flexibility in a downturn.
05Which is growing faster — LLY or BMY?
By revenue growth (latest reported year), Eli Lilly and Company (LLY) is pulling ahead at 44.
7% versus -0. 2% for Bristol-Myers Squibb Company (BMY). On earnings-per-share growth, the picture is similar: Bristol-Myers Squibb Company grew EPS 178. 2% year-over-year, compared to 96. 0% for Eli Lilly and Company. Over a 3-year CAGR, LLY leads at 31. 7% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — LLY or BMY?
Eli Lilly and Company (LLY) is the more profitable company, earning 31.
7% net margin versus 14. 6% for Bristol-Myers Squibb Company — meaning it keeps 31. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: LLY leads at 45. 6% versus 26. 3% for BMY. At the gross margin level — before operating expenses — LLY leads at 83. 8%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is LLY or BMY more undervalued right now?
On forward earnings alone, Bristol-Myers Squibb Company (BMY) trades at 9.
0x forward P/E versus 28. 6x for Eli Lilly and Company — 19. 6x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for LLY: 27. 4% to $1258. 47.
08Which pays a better dividend — LLY or BMY?
All stocks in this comparison pay dividends.
Bristol-Myers Squibb Company (BMY) offers the highest yield at 4. 3%, versus 0. 6% for Eli Lilly and Company (LLY).
09Is LLY or BMY better for a retirement portfolio?
For long-horizon retirement investors, Eli Lilly and Company (LLY) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
71), 0. 6% yield, +1261% 10Y return). Both have compounded well over 10 years (LLY: +1261%, BMY: +8. 0%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between LLY and BMY?
Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: LLY is a large-cap high-growth stock; BMY is a mid-cap deep-value stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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