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Bristol-Myers Squibb CoBMY +0.40%71 3-Year Share Buyback Ratio is 0.60 as of Jun. 2026, which is at its 10-year median of 0.60. GuruFocus rates BMY with a GF Score™ of 71/100 and a GF Value™ of $56.50 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 644 Drug Manufacturers companies, Bristol-Myers Squibb Co ranks better than 88.04% on this metric.
Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Bristol-Myers Squibb Co's current 3-Year Share Buyback Ratio was 0.60%.
The historical rank and industry rank for Bristol-Myers Squibb Co's 3-Year Share Buyback Ratio or its related term are showing as below:
BMY'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -11 Med: 0.6 Max: 5.2
Current: 0.6
During the past 13 years, Bristol-Myers Squibb Co's highest 3-Year Share Buyback Ratio was 5.20%. The lowest was -11.00%. And the median was 0.60%.
BMY's 3-Year Share Buyback Ratio is ranked better than 88.04% of 644
companies
in the Drug Manufacturers industry
Industry Median: -2
vs BMY: 0.60
Bristol-Myers Squibb Co (NYSE:BMY) 3-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
Bristol-Myers Squibb Co 3-Year Share Buyback Ratio Related Terms
BMY vs PFE, GILD, AMGN: 3-Year Share Buyback Ratio Comparison
For the Drug Manufacturers - General subindustry, Bristol-Myers Squibb Co's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Bristol-Myers Squibb Co's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Bristol-Myers Squibb Co's 3-Year Share Buyback Ratio falls into.
Bristol-Myers Squibb Co 3-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Share Buyback Ratio of 0.60 mean?
Bristol-Myers Squibb Co (BMY) has a 3-Year Share Buyback Ratio of 0.60 as of Jun. 2026. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Bristol-Myers Squibb Co and its competitors. This is near median its historical median of 0.60. According to the industry distribution chart, Bristol-Myers Squibb Co ranks #77 out of 644 companies in the Drug Manufacturers industry, placing it in the top 12%.
Is Bristol-Myers Squibb Co's 3-Year Share Buyback Ratio too high?
Bristol-Myers Squibb Co's current 3-Year Share Buyback Ratio of 0.60 is near median its 10-year median of 0.60. Based on the distribution chart, Bristol-Myers Squibb Co ranks #77 out of 644 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 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bristol-Myers Squibb Co's 3-Year Share Buyback Ratio compare to PFE and GILD?
According to the Drug Manufacturers industry distribution chart, Bristol-Myers Squibb Co ranks #77 out of 644 companies for 3-Year Share Buyback Ratio. This places Bristol-Myers Squibb Co in the top 12% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for a Drug Manufacturers company?
A good 3-Year Share Buyback Ratio depends on the Drug Manufacturers industry context. However, 3-Year Share Buyback Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Bristol-Myers Squibb Co and its competitors. Bristol-Myers Squibb Co's current 3-Year Share Buyback Ratio is 0.60, which is near median its own 10-year median of 0.60. 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 (BMY) is currently considered Modestly Overvalued. The stock's GF Value™ is $56.50, compared to a current price of $67.28 — trading 19.1% above its estimated fair value. The current 3-Year Share Buyback Ratio is 0.60, which is near median its 10-year median of 0.60. Bristol-Myers Squibb Co's overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For Bristol-Myers Squibb Co (BMY), the current 3-Year Share Buyback Ratio is 0.60 as of Jun. 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 (BMY) Overvalued in 2026?
Based on GuruFocus' analysis, Bristol-Myers Squibb Co stock appears to be overvalued.
The current stock price of $67.28 is trading 19.1% above its estimated GF Value™ of $56.50.
GuruFocus considers Bristol-Myers Squibb Co to be Modestly Overvalued.
Key valuation signals for BMY:
3-Year Share Buyback Ratio: 0.60 (near median its 10-year median of 0.60)
GF Value™: $56.50 vs. price of $67.28 (19.1% above fair value)
No single metric tells the full story. See the BMY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
71GF Score
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