Bristol-Myers Squibb Company (BMY) — Free Cash Flow Generation Index

Latest as of March 2026: 0.69x

Bristol-Myers Squibb Company (BMY) has a Free Cash Flow Generation Index of 0.69x as of March 2026. Free cash flow of $757.00 Million represents 1% of operating cash flow ($1.10 Billion). See BMY net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

0.69x
Free Cash Flow / Operating CF

Free Cash Flow

$757.00 Million
USD

Operating Cash Flow

$1.10 Billion
USD

Capital Expenditures

$347.00 Million
USD

Bristol-Myers Squibb Company Free Cash Flow Generation Index (1989–2025)

Historical FCF Generation Index trend for Bristol-Myers Squibb Company across 37 annual periods. Explore Bristol-Myers Squibb Company cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Annual Free Cash Flow Generation for Bristol-Myers Squibb Company (1989–2025)

Year-by-year Free Cash Flow Generation Index for Bristol-Myers Squibb Company. For the full company profile including market capitalisation, see market cap of Bristol-Myers Squibb Company.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.91x $12.85 Billion $14.16 Billion $1.31 Billion ▼ -1.1%
2024 0.92x $13.94 Billion $15.19 Billion $1.25 Billion ▲ +0.6%
2023 0.91x $12.65 Billion $13.86 Billion $1.21 Billion ▼ -0.2%
2022 0.91x $11.95 Billion $13.07 Billion $1.12 Billion ▼ -2.7%
2021 0.94x $15.23 Billion $16.21 Billion $973.00 Million ▼ -0.7%
2020 0.95x $13.30 Billion $14.05 Billion $753.00 Million ▲ +5.6%
2019 0.90x $7.23 Billion $8.07 Billion $836.00 Million ▲ +3.6%
2018 0.87x $6.12 Billion $7.07 Billion $951.00 Million ▲ +8.2%
2017 0.80x $4.22 Billion $5.28 Billion $1.05 Billion ▲ +32.7%
2016 0.60x $1.84 Billion $3.06 Billion $1.22 Billion ▼ -1.3%
2015 0.61x $1.28 Billion $2.10 Billion $820.00 Million ▼ -26.7%
2014 0.83x $2.62 Billion $3.15 Billion $526.00 Million ▼ -1.8%
2013 0.85x $3.01 Billion $3.54 Billion $537.00 Million ▼ -7.9%
2012 0.92x $6.39 Billion $6.94 Billion $548.00 Million ▼ -0.3%
2011 0.92x $4.47 Billion $4.84 Billion $367.00 Million ▲ +2.1%
2010 0.91x $4.07 Billion $4.49 Billion $424.00 Million ▲ +10.4%
2009 0.82x $3.33 Billion $4.07 Billion $730.00 Million ▲ +10.0%
2008 0.75x $2.77 Billion $3.71 Billion $941.00 Million ▲ +1.8%
2007 0.73x $2.31 Billion $3.15 Billion $843.00 Million ▲ +18.3%
2006 0.62x $1.29 Billion $2.08 Billion $793.00 Million ▲ +6.5%
2005 0.58x $1.07 Billion $1.84 Billion $768.00 Million ▼ -21.9%
2004 0.75x $2.37 Billion $3.18 Billion $809.00 Million ▲ +3.8%
2003 0.72x $2.52 Billion $3.51 Billion $990.00 Million ▲ +386.3%
2002 -0.25x $-237.00 Million $945.00 Million $1.18 Billion ▼ -130.9%
2001 0.81x $4.38 Billion $5.40 Billion $1.02 Billion ▼ -7.2%
2000 0.87x $4.06 Billion $4.65 Billion $589.00 Million ▲ +5.0%
1999 0.83x $3.52 Billion $4.22 Billion $709.00 Million ▲ +5.1%
1998 0.79x $2.99 Billion $3.78 Billion $788.00 Million ▲ +14.7%
1997 0.69x $1.71 Billion $2.48 Billion $767.00 Million ▼ -10.6%
1996 0.77x $2.04 Billion $2.64 Billion $601.00 Million ▼ -2.8%
1995 0.79x $1.99 Billion $2.50 Billion $513.00 Million ▲ +5.8%
1994 0.75x $1.73 Billion $2.30 Billion $573.00 Million ▼ -3.6%
1993 0.78x $2.01 Billion $2.58 Billion $570.00 Million ▲ +14.4%
1992 0.68x $1.38 Billion $2.03 Billion $647.00 Million ▲ +3.5%
1991 0.66x $1.21 Billion $1.83 Billion $628.00 Million ▼ -7.0%
1990 0.71x $1.24 Billion $1.75 Billion $513.00 Million ▲ +32.5%
1989 0.53x $635.00 Million $1.19 Billion $555.00 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).