Bristol-Myers Squibb Co (LTS:0R1F) Piotroski F-Score: 7 (As of Jun. 29, 2026) — 17% Above Median


LTS:0R1F Bristol-Myers Squibb Co LTS:0R1F
76 GF Score
Price $57.25
GF Value $54.74
Valuation Fairly Valued
! 7 Warning Signs
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What is Bristol-Myers Squibb Co Piotroski F-Score?

Bristol-Myers Squibb Co LTS:0R1F +0.35% 76 Piotroski F-Score is 7 as of Jun. 29, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates LTS:0R1F with a GF Score™ of 76/100 and a GF Value™ of $54.74 (Fairly Valued). The stock has 7 warning signs investors should review. Among 978 Drug Manufacturers companies, Bristol-Myers Squibb Co ranks better than 91.82% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Bristol-Myers Squibb Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Bristol-Myers Squibb Co's Piotroski F-Score or its related term are showing as below:

LTS:0R1F' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 9
Current: 7

During the past 13 years, the highest Piotroski F-Score of Bristol-Myers Squibb Co was 9. The lowest was 3. And the median was 6.

Bristol-Myers Squibb Co  (LTS:0R1F) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Bristol-Myers Squibb Co Piotroski F-Score Related Terms


Bristol-Myers Squibb Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Bristol-Myers Squibb Co's Piotroski F-Score 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.

Bristol-Myers Squibb Co Piotroski F-Score Chart

Bristol-Myers Squibb Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 6.00 7.00 4.00 8.00

Bristol-Myers Squibb Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.00 7.00 6.00 8.00 7.00

LTS:0R1F vs PFE, GILD, AMGN: Piotroski F-Score Comparison

For the Drug Manufacturers - General subindustry, Bristol-Myers Squibb Co's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bristol-Myers Squibb Co Piotroski F-Score vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Bristol-Myers Squibb Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Bristol-Myers Squibb Co's Piotroski F-Score falls into.


LTS:0R1F
76GF Score
Bristol-Myers Squibb Co LTS:0R1F
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 1310 + 2201 + 1087 + 2677 = $7,275 Mil.
Cash Flow from Operations was 3917 + 6311 + 1974 + 1104 = $13,306 Mil.
Revenue was 12269 + 12222 + 12503 + 11489 = $48,483 Mil.
Gross Profit was 8897 + 8787 + 8406 + 8068 = $34,158 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(92427 + 94676 + 96889 + 90038 + 86476) / 5 = $92101.2 Mil.
Total Assets at the begining of this year (Mar25) was $92,427 Mil.
Long-Term Debt & Capital Lease Obligation was $43,922 Mil.
Total Current Assets was $27,208 Mil.
Total Current Liabilities was $19,158 Mil.
Net Income was 1680 + 1211 + 72 + 2456 = $5,419 Mil.

Revenue was 12201 + 11892 + 12342 + 11201 = $47,636 Mil.
Gross Profit was 8934 + 8935 + 7530 + 8168 = $33,567 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(99031 + 94646 + 93670 + 92603 + 92427) / 5 = $94475.4 Mil.
Total Assets at the begining of last year (Mar24) was $99,031 Mil.
Long-Term Debt & Capital Lease Obligation was $47,513 Mil.
Total Current Assets was $30,783 Mil.
Total Current Liabilities was $24,070 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Bristol-Myers Squibb Co's current Net Income (TTM) was 7,275. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Bristol-Myers Squibb Co's current Cash Flow from Operations (TTM) was 13,306. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=7275/92427
=0.07871077

ROA (Last Year)=Net Income/Total Assets (Mar24)
=5419/99031
=0.05472024

Bristol-Myers Squibb Co's return on assets of this year was 0.07871077. Bristol-Myers Squibb Co's return on assets of last year was 0.05472024. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Bristol-Myers Squibb Co's current Net Income (TTM) was 7,275. Bristol-Myers Squibb Co's current Cash Flow from Operations (TTM) was 13,306. ==> 13,306 > 7,275 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=43922/92101.2
=0.47688847

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=47513/94475.4
=0.50291399

Bristol-Myers Squibb Co's gearing of this year was 0.47688847. Bristol-Myers Squibb Co's gearing of last year was 0.50291399. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=27208/19158
=1.42019

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=30783/24070
=1.27889489

Bristol-Myers Squibb Co's current ratio of this year was 1.42019. Bristol-Myers Squibb Co's current ratio of last year was 1.27889489. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Bristol-Myers Squibb Co's number of shares in issue this year was 2047. Bristol-Myers Squibb Co's number of shares in issue last year was 2040. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=34158/48483
=0.70453561

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=33567/47636
=0.70465614

Bristol-Myers Squibb Co's gross margin of this year was 0.70453561. Bristol-Myers Squibb Co's gross margin of last year was 0.70465614. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=48483/92427
=0.52455451

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=47636/99031
=0.48102109

Bristol-Myers Squibb Co's asset turnover of this year was 0.52455451. Bristol-Myers Squibb Co's asset turnover of last year was 0.48102109. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+1+1+0+0+1
=7

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Bristol-Myers Squibb Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Bristol-Myers Squibb Co (LTS:0R1F) has a Piotroski F-Score of 7 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Bristol-Myers Squibb Co and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Bristol-Myers Squibb Co's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Bristol-Myers Squibb Co ranks #80 out of 978 companies in the Drug Manufacturers industry, placing it in the top 8.2%.
Is Bristol-Myers Squibb Co's Piotroski F-Score too high?
Bristol-Myers Squibb Co's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Drug Manufacturers industry median Piotroski F-Score is 5.00. Bristol-Myers Squibb Co's value of 7 is 40% above this industry median. Based on the distribution chart, Bristol-Myers Squibb Co ranks #80 out of 978 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Bristol-Myers Squibb Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bristol-Myers Squibb Co's Piotroski F-Score compare to PFE and GILD?
According to the Drug Manufacturers industry distribution chart, Bristol-Myers Squibb Co ranks #80 out of 978 companies for Piotroski F-Score. This places Bristol-Myers Squibb Co in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Bristol-Myers Squibb Co's value of 7 is 40% above this benchmark. Historically, Bristol-Myers Squibb Co's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Bristol-Myers Squibb Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Drug Manufacturers company?
The median Piotroski F-Score among Drug Manufacturers companies is 5.00, based on 978 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bristol-Myers Squibb Co's current Piotroski F-Score of 7 is 40% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Bristol-Myers Squibb Co and its competitors. For the Drug Manufacturers industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bristol-Myers Squibb Co's current Piotroski F-Score is 7, which is 17% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bristol-Myers Squibb Co stock overvalued right now?
Based on GuruFocus' analysis, Bristol-Myers Squibb Co (LTS:0R1F) is currently considered Fairly Valued. The stock's GF Value™ is $54.74, compared to a current price of $57.25 — trading 4.6% above its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Drug Manufacturers industry median of 5.00. Bristol-Myers Squibb Co's overall GF Score™ is 76/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Bristol-Myers Squibb Co (LTS:0R1F), the current Piotroski F-Score is 7 as of Jun. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bristol-Myers Squibb Co (LTS:0R1F) Overvalued in 2026?

Based on GuruFocus' analysis, Bristol-Myers Squibb Co stock appears to be overvalued. The current stock price of $57.25 is trading 4.6% above its estimated GF Value™ of $54.74. GuruFocus considers Bristol-Myers Squibb Co to be Fairly Valued.

Key valuation signals for LTS:0R1F:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: $54.74 vs. price of $57.25 (4.6% above fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 40% above the Drug Manufacturers median (#80 of 978)

No single metric tells the full story. See the LTS:0R1F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bristol-Myers Squibb Co Business Description

Address Route 206 and Province Line Road, Princeton, New Jersey, NJ, USA, 08543
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 US, showing a higher dependence on the US market than most of its peer group.
76GF Score

Get the complete analysis for LTS:0R1F

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$57.25
Price
$54.74
GF Value