BMYBristol Myers Squibb

$67.58

Is it safe?

Can BMY take a bad year?

Bristol Myers Squibb carries $32.8B of net debt at 2.38× EBITDA: a load its earnings can carry.

$32.8B

Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
2.38×

Net debt / EBITDA · 4.08× a year ago · the load is coming down

Interest cover
6.88×

Interest cover · operating profit covers the interest bill several times over

Annualised volatility
28%

Annualised volatility · about as steady as the market itself

Details
Total debtQ2 2026
$43.9B
Cash and short-term investments
$11.1B
Net debt
$32.8B
EBITDA, trailing twelve months
$13.8B
Operating profit, trailing twelve months
$11.9B
Debt / equity
1.97×
Total debt / EBITDA
3.19×
Annualised volatilitytwo years of daily moves
28%
Worst drawdown on file
−48%
Below its 52-week high
−0.52%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.