Bristol-Myers Squibb Co (Bristol-Myers Squibb Co) Tax Rate % : -3.40% (As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Bristol-Myers Squibb Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bristol-Myers Squibb Co's Tax Expense for the three months ended in Mar. 2024 was $392.00 Mil. Bristol-Myers Squibb Co's Pre-Tax Income for the three months ended in Mar. 2024 was $-11,516.00 Mil. Therefore, Bristol-Myers Squibb Co's Tax Rate % for the quarter that ended in Mar. 2024 was -3.40%.

Bristol-Myers Squibb Co Tax Rate % Historical Data

The historical data trend for Bristol-Myers Squibb Co's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bristol-Myers Squibb Co Tax Rate % Chart

Bristol-Myers Squibb Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

30.45

-30.91

13.39

17.74

4.74

Bristol-Myers Squibb Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															18.16	-11.73	9.50	-5.26	-3.40

Bristol-Myers Squibb Co Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Bristol-Myers Squibb Co's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	400	/	8440
	=	4.74 %

Bristol-Myers Squibb Co's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	392	/	-11516
	=	-3.40 %

Bristol-Myers Squibb Co Tax Rate % Related Terms

Thank you for viewing the detailed overview of Bristol-Myers Squibb Co's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Bristol-Myers Squibb Co (Bristol-Myers Squibb Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Bristol-Myers Squibb Co (OTCPK:BMYMP.PFD) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

BMY:USA BMY:Peru BMY:Mexico 1BMY:Italy BRMd:UK 0R1F:UK BRM:Germany BMYB34:Brazil BMYS:Austria BMY:Argentina

Address

430 East 29th Street, 14th Floor, New York, NY, USA, 10016

Website

https://www.bms.com

Bristol-Myers Squibb discovers, develops, and markets drugs for various therapeutic areas, such as cardiovascular, cancer, and immune disorders. A key focus for Bristol is immuno-oncology, where the firm is a leader in drug development. Bristol derives close to 70% of total sales from the U.S., showing a higher dependence on the U.S. market than most of its peer group.