Bristol-Myers Squibb Company (ETR: BRM)

BRM Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	47,435	45,006	46,159	46,385	42,518	26,145
Revenue Growth (YoY)	5.56%	-2.50%	-0.49%	9.09%	62.62%	15.89%
Cost of Revenue	11,444	10,518	9,781	9,940	11,773	7,898
Gross Profit	35,991	34,488	36,378	36,445	30,745	18,247
Selling, General & Admin	8,077	7,678	7,703	7,655	7,618	4,969
Research & Development	9,470	9,112	9,201	10,195	10,048	6,066
Operating Expenses	27,004	25,837	26,499	27,873	27,354	12,170
Operating Income	8,987	8,651	9,879	8,572	3,391	6,077
Interest Expense	-1,780	-1,161	-1,205	-1,303	-1,381	-898
Interest & Investment Income	509	449	171	39	121	464
Earnings From Equity Investments	11	-38	-108	231	72	-5
Currency Exchange Gain (Loss)	123	160	148	32	23	-13
Other Non Operating Income (Expenses)	1,917	2,079	1,818	1,708	1,528	1,496
EBT Excluding Unusual Items	9,767	10,140	10,703	9,279	3,754	7,121
Merger & Restructuring Charges	-1,864	-861	-1,007	-724	-1,255	-1,636
Gain (Loss) on Sale of Investments	263	-122	-693	514	1,157	357
Gain (Loss) on Sale of Assets	-	-	211	9	55	1,168
Asset Writedown	-915	-107	-98	-	-	-15
Legal Settlements	-164	-10	-178	-82	194	-77
Other Unusual Items	-24	313	-410	261	1,757	-1,943
Pretax Income	-6,880	8,440	7,713	8,098	-6,871	4,975
Income Tax Expense	367	400	1,368	1,084	2,124	1,515
Earnings From Continuing Operations	-7,247	8,040	6,345	7,014	-8,995	3,460
Minority Interest in Earnings	-11	-15	-18	-20	-20	-21
Net Income	-7,258	8,025	6,327	6,994	-9,015	3,439
Net Income to Common	-7,258	8,025	6,327	6,994	-9,015	3,439
Net Income Growth	-	26.84%	-9.54%	-	-	-30.10%
Shares Outstanding (Basic)	2,026	2,069	2,130	2,221	2,258	1,705
Shares Outstanding (Diluted)	2,026	2,078	2,146	2,245	2,258	1,712
Shares Change (YoY)	-3.52%	-3.17%	-4.41%	-0.58%	31.89%	4.58%
EPS (Basic)	-3.58	3.88	2.97	3.15	-3.99	2.02
EPS (Diluted)	-3.58	3.86	2.95	3.12	-3.99	2.01
EPS Growth	-	30.85%	-5.45%	-	-	-33.22%
Free Cash Flow	13,803	12,651	11,948	15,234	13,299	7,374
Free Cash Flow Per Share	6.81	6.09	5.57	6.79	5.89	4.31
Dividend Per Share	2.400	2.310	2.190	2.010	1.840	1.680
Dividend Growth	5.26%	5.48%	8.96%	9.24%	9.52%	4.35%
Gross Margin	75.87%	76.63%	78.81%	78.57%	72.31%	69.79%
Operating Margin	18.95%	19.22%	21.40%	18.48%	7.98%	23.24%
Profit Margin	-15.30%	17.83%	13.71%	15.08%	-21.20%	13.15%
Free Cash Flow Margin	29.10%	28.11%	25.88%	32.84%	31.28%	28.20%
EBITDA	19,162	18,420	20,161	19,329	13,824	7,798
EBITDA Margin	40.40%	40.93%	43.68%	41.67%	32.51%	29.83%
D&A For EBITDA	10,175	9,769	10,282	10,757	10,433	1,721
EBIT	8,987	8,651	9,879	8,572	3,391	6,077
EBIT Margin	18.95%	19.22%	21.40%	18.48%	7.98%	23.24%
Effective Tax Rate	-	4.74%	17.74%	13.39%	-	30.45%
Revenue as Reported	47,435	45,006	46,159	46,385	42,518	26,145
Advertising Expenses	-	1,400	1,300	1,300	990	633

Source: S&P Capital IQ. Standard template. Financial Sources.