Bristol Return On Equity from 2010 to 2024

BMY Stock  USD 58.23  0.35  0.60%   
Bristol Myers Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of Bristol Myers Squibb in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.27268094
Current Value
0.3
Quarterly Volatility
0.13882339
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Bristol Myers financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bristol Myers' main balance sheet or income statement drivers, such as Depreciation And Amortization of 10.3 B, Interest Expense of 1.2 B or Selling General Administrative of 3.6 B, as well as many indicators such as Price To Sales Ratio of 2.98, Dividend Yield of 0.0374 or PTB Ratio of 6.92. Bristol financial statements analysis is a perfect complement when working with Bristol Myers Valuation or Volatility modules.
  
Check out the analysis of Bristol Myers Correlation against competitors.

Latest Bristol Myers' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Bristol Myers Squibb over the last few years. Return on Equity is the amount of Bristol Myers Squibb net income returned as a percentage of Bristol Myers equity. Return on equity measures Bristol Myers profitability by revealing how much profit Bristol Myers Squibb generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Bristol Myers' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bristol Myers' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -0.3110 Years Trend
Very volatile
   Return On Equity   
       Timeline  

Bristol Return On Equity Regression Statistics

Arithmetic Mean0.17
Coefficient Of Variation82.21
Mean Deviation0.09
Median0.19
Standard Deviation0.14
Sample Variance0.02
Range0.5908
R-Value0
Mean Square Error0.02
R-Squared0.000016
Significance0.99
Slope0.0001
Total Sum of Squares0.27

Bristol Return On Equity History

2024 0.3
2023 0.27
2022 0.2
2021 0.19
2020 -0.24
2019 0.0666
2018 0.35

About Bristol Myers Financial Statements

Bristol Myers investors use historical fundamental indicators, such as Bristol Myers' Return On Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Bristol Myers. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity 0.27  0.30 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Bristol Stock Analysis

When running Bristol Myers' price analysis, check to measure Bristol Myers' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bristol Myers is operating at the current time. Most of Bristol Myers' value examination focuses on studying past and present price action to predict the probability of Bristol Myers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bristol Myers' price. Additionally, you may evaluate how the addition of Bristol Myers to your portfolios can decrease your overall portfolio volatility.