BMY FCF Yield: current value, 10-year range and year-by-year history
Cash & Leverage
BMY's fcf yield is lower than 65% of the last 10 years.
FCF Yield History
BMY FCF Yield by year
Yearly range of BMY’s fcf yield from 2016 to 2026. Over the full period it ranged from 1.1% to 17.6%, averaging 8.6%.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 7.2% | 9.7% | 11.9% | 7.4% |
| 2025 | 10.5% | 14.0% | 17.6% | 11.7% |
| 2024 | 11.3% | 13.0% | 16.1% | 12.1% |
| 2023 | 7.4% | 8.7% | 11.7% | 11.0% |
| 2022 | 7.3% | 9.1% | 11.2% | 8.2% |
| 2021 | 7.7% | 9.6% | 12.4% | 11.0% |
| 2020 | 5.6% | 7.8% | 9.8% | 9.8% |
| 2019 | 5.7% | 7.3% | 9.4% | 5.9% |
| 2018 | 3.6% | 4.4% | 5.9% | 5.9% |
| 2017 | 1.8% | 3.4% | 4.5% | 4.4% |
| 2016 | 1.1% | 1.2% | 1.3% | 1.1% |
Free cash flow generated divided by market capitalisation. Often more reliable than earnings yield because it reflects actual cash — harder to inflate through accounting choices.
Free Cash Flow / Market Cap × 100%Think of it as the "cash earnings yield" on your investment. High FCF yield vs history suggests the market may be undervaluing the company's real cash generation ability.
- FCF can be lumpy year-to-year due to irregular capex or working capital swings. Look at 3–5 year trends, not single-year readings.
- Businesses intentionally reinvesting for growth will show low or negative FCF yield by design — this metric is less useful for high-growth phase companies.
Is BMY FCF Yield High or Low Right Now?
Bristol-Myers Squibb Company's FCF Yield is currently 7.4%, which is below average relative to its 10-year historical range. The 10-year median FCF Yield for BMY is approximately 8.6%. See all BMY valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.