Bristol-Myers Squibb CompanyBMY

Where BMY's EV/EBITDA sits inside its own 10-year distribution, with the yearly high, low and average.

$66.82-1.27 (-1.87%)Previous close
NYSEHealthcare

BMY EV/EBITDA: current value, 10-year range and year-by-year history

10.3Below average

BMY's ev/ebitda is lower than 65% of the last 10 years.

EV/EBITDA History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
BMY EV/EBITDA historyBMY EV/EBITDA from Sep 2023 to Sep 2026: low 6.59, high 53.48, latest 10.27.2.8316.4330.0343.6357.23Sep 23Apr 24Nov 24Jun 25Jan 26Sep 26med 10.01

BMY EV/EBITDA by year

Yearly range of BMY’s ev/ebitda from 2016 to 2026. Over the full period it ranged from 6.6 to 53.5, averaging 15.9.

BMY EV/EBITDA — yearly low, average, high and year-end values
YearLowAverageHighYear-end
20269.010.311.310.3
20258.018.653.510.1
20246.623.249.349.3
20236.78.39.97.0
20228.49.810.89.7
20218.425.438.08.4
202011.617.735.935.9
20198.010.821.521.5
201812.616.920.612.6
201712.615.017.316.3
201617.520.022.820.6

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An acquisition-style valuation multiple: Enterprise Value (market cap + net debt) divided by operating earnings before accounting adjustments. Compares companies fairly regardless of their capital structure.

Formula(Market Cap + Net Debt) / EBITDA
Full guide
How to read this chart

Unlike P/E, this metric accounts for debt — two companies with identical operations but different leverage will show similar EV/EBITDA. Low vs history suggests the total business is modestly priced.

Key caveats
  • EBITDA ignores capital expenditure. For asset-heavy businesses (airlines, mining, utilities), this understates the real cost — use EV/EBIT or EV/FCF instead.
  • Large acquisitions temporarily spike net debt and can distort the ratio for 1–2 years during integration.

Is BMY EV/EBITDA High or Low Right Now?

Bristol-Myers Squibb Company's EV/EBITDA is currently 10.3, which is below average relative to its 10-year historical range. The 10-year median EV/EBITDA for BMY is approximately 13.3. See all BMY valuation metrics →

Pro — up to 30-year history

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