Bristol Myers Squibb annual debt-to-equity ratio
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2025
Bristol Myers Squibb Debt-to-Equity Ratio Growth & History (BMY)
Bristol Myers Squibb's debt-to-equity ratio was 2.55 for fiscal 2025.
View full Bristol Myers Squibb company overviewBristol Myers Squibb annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 2.55 | −0.58 | −18.59% |
| 2024 | 2024-12-31 | 3.13 | 1.73 | +122.47% |
| 2023 | 2023-12-31 | 1.41 | 0.10 | +7.48% |
| 2022 | 2022-12-31 | 1.31 | 0.04 | +3.34% |
| 2021 | 2021-12-31 | 1.27 | −0.10 | −7.16% |
| 2020 | 2020-12-31 | 1.37 | 0.44 | +48.29% |
| 2019 | 2019-12-31 | 0.92 | 0.40 | +75.90% |
| 2018 | 2018-12-31 | 0.52 | −0.15 | −22.76% |
| 2017 | 2017-12-31 | 0.68 | 0.26 | +63.54% |
| 2016 | 2016-12-31 | 0.41 | −0.05 | −11.56% |
| 2015 | 2015-12-31 | 0.47 | −0.06 | −11.09% |
| 2014 | 2014-12-31 | 0.53 | −0.02 | −4.18% |
| 2013 | 2013-12-31 | 0.55 | 0.01 | +1.40% |
| 2012 | 2012-12-31 | 0.54 | 0.20 | +57.72% |
| 2011 | 2011-12-31 | 0.34 | −0.00 | −0.69% |
| 2010 | 2010-12-31 | 0.35 | −0.08 | −19.14% |
| 2009 | 2009-12-31 | 0.43 | −0.12 | −22.16% |
| 2008 | 2008-12-31 | 0.55 | — | — |
Bristol Myers Squibb quarterly debt-to-equity ratio
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Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.02 | −0.90 | −30.90% |
| Q1 2026 | 2026-03-31 | 2.31 | −0.63 | −21.48% |
| Q4 2025 | 2025-12-31 | 2.55 | −0.58 | −18.59% |
| Q3 2025 | 2025-09-30 | 2.75 | −0.25 | −8.25% |
| Q2 2025 | 2025-06-30 | 2.92 | −0.25 | −7.97% |
| Q1 2025 | 2025-03-31 | 2.95 | −0.53 | −15.36% |
| Q4 2024 | 2024-12-31 | 3.13 | 1.73 | +122.47% |
| Q3 2024 | 2024-09-30 | 3.00 | 1.64 | +121.43% |
| Q2 2024 | 2024-06-30 | 3.17 | 1.95 | +158.97% |
| Q1 2024 | 2024-03-31 | 3.48 | 2.24 | +181.41% |
| Q4 2023 | 2023-12-31 | 1.41 | 0.10 | +7.48% |
| Q3 2023 | 2023-09-30 | 1.35 | 0.13 | +10.30% |
| Q2 2023 | 2023-06-30 | 1.23 | −0.09 | −7.17% |
| Q1 2023 | 2023-03-31 | 1.24 | −0.22 | −15.06% |
| Q4 2022 | 2022-12-31 | 1.31 | 0.04 | +3.34% |
| Q3 2022 | 2022-09-30 | 1.23 | −0.00 | −0.34% |
| Q2 2022 | 2022-06-30 | 1.32 | 0.06 | +4.98% |
| Q1 2022 | 2022-03-31 | 1.46 | 0.20 | +15.87% |
| Q4 2021 | 2021-12-31 | 1.27 | −0.10 | −7.16% |
| Q3 2021 | 2021-09-30 | 1.23 | 0.32 | +34.90% |
| Q2 2021 | 2021-06-30 | 1.26 | 0.29 | +29.96% |
| Q1 2021 | 2021-03-31 | 1.26 | 0.30 | +32.00% |
| Q4 2020 | 2020-12-31 | 1.37 | 0.44 | +48.29% |
| Q3 2020 | 2020-09-30 | 0.91 | −0.53 | −36.87% |
| Q2 2020 | 2020-06-30 | 0.97 | −0.62 | −39.24% |
| Q1 2020 | 2020-03-31 | 0.95 | 0.52 | +120.08% |
| Q4 2019 | 2019-12-31 | 0.92 | 0.40 | +75.90% |
| Q3 2019 | 2019-09-30 | 1.45 | 0.91 | +170.03% |
| Q2 2019 | 2019-06-30 | 1.59 | 0.99 | +165.56% |
| Q1 2019 | 2019-03-31 | 0.43 | −0.17 | −28.11% |
| Q4 2018 | 2018-12-31 | 0.52 | −0.15 | −22.76% |
| Q3 2018 | 2018-09-30 | 0.54 | −0.04 | −6.20% |
| Q2 2018 | 2018-06-30 | 0.60 | 0.04 | +7.28% |
| Q1 2018 | 2018-03-31 | 0.60 | 0.02 | +2.88% |
| Q4 2017 | 2017-12-31 | 0.68 | 0.26 | +63.54% |
| Q3 2017 | 2017-09-30 | 0.57 | 0.13 | +30.63% |
| Q2 2017 | 2017-06-30 | 0.56 | 0.11 | +23.80% |
| Q1 2017 | 2017-03-31 | 0.59 | 0.12 | +25.64% |
| Q4 2016 | 2016-12-31 | 0.41 | −0.05 | −11.56% |
| Q3 2016 | 2016-09-30 | 0.44 | −0.05 | −9.37% |
| Q2 2016 | 2016-06-30 | 0.45 | −0.04 | −7.35% |
| Q1 2016 | 2016-03-31 | 0.47 | −0.01 | −2.92% |
| Q4 2015 | 2015-12-31 | 0.47 | −0.06 | −11.09% |
| Q3 2015 | 2015-09-30 | 0.48 | −0.02 | −4.74% |
| Q2 2015 | 2015-06-30 | 0.49 | −0.02 | −3.46% |
| Q1 2015 | 2015-03-31 | 0.48 | −0.01 | −2.96% |
| Q4 2014 | 2014-12-31 | 0.53 | −0.02 | −4.18% |
| Q3 2014 | 2014-09-30 | 0.51 | 0.01 | +2.97% |
| Q2 2014 | 2014-06-30 | 0.50 | −0.04 | −8.01% |
| Q1 2014 | 2014-03-31 | 0.49 | −0.13 | −21.06% |
| Q4 2013 | 2013-12-31 | 0.55 | 0.01 | +1.40% |
| Q3 2013 | 2013-09-30 | 0.49 | −0.08 | −14.32% |
| Q2 2013 | 2013-06-30 | 0.55 | 0.21 | +62.23% |
| Q1 2013 | 2013-03-31 | 0.63 | 0.29 | +88.90% |
| Q4 2012 | 2012-12-31 | 0.54 | 0.20 | +57.72% |
| Q3 2012 | 2012-09-30 | 0.57 | 0.23 | +69.28% |
| Q2 2012 | 2012-06-30 | 0.34 | 0.00 | +0.22% |
| Q1 2012 | 2012-03-31 | 0.33 | −0.01 | −2.00% |
| Q4 2011 | 2011-12-31 | 0.34 | −0.00 | −0.69% |
| Q3 2011 | 2011-09-30 | 0.34 | −0.08 | −19.45% |
| Q2 2011 | 2011-06-30 | 0.34 | −0.08 | −19.12% |
| Q1 2011 | 2011-03-31 | 0.34 | −0.07 | −17.99% |
| Q4 2010 | 2010-12-31 | 0.35 | −0.08 | −19.14% |
| Q3 2010 | 2010-09-30 | 0.42 | −0.03 | −7.31% |
| Q2 2010 | 2010-06-30 | 0.42 | −0.03 | −7.50% |
| Q1 2010 | 2010-03-31 | 0.41 | — | — |
| Q4 2009 | 2009-12-31 | 0.43 | −0.12 | −22.16% |
| Q3 2009 | 2009-09-30 | 0.45 | — | — |
| Q2 2009 | 2009-06-30 | 0.45 | — | — |
| Q4 2008 | 2008-12-31 | 0.55 | — | — |
Bristol Myers Squibb debt-to-equity ratio trends
Over the last five fiscal years, Bristol Myers Squibb's debt-to-equity ratio increased from 1.37 to 2.55, a change of 1.19. The latest reported quarter, Q2 2026, shows 2.02.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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