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Side-by-side financial comparison of ASTRAZENECA PLC (AZN) and Bristol Myers Squibb (BMY). Click either name above to swap in a different company.

ASTRAZENECA PLC is the larger business by last-quarter revenue ($14.5B vs $12.5B, roughly 1.2× Bristol Myers Squibb). ASTRAZENECA PLC runs the higher net margin — 16.9% vs 8.7%, a 8.2% gap on every dollar of revenue. On growth, ASTRAZENECA PLC posted the faster year-over-year revenue change (11.7% vs 1.3%).

AstraZeneca plc (AZ) is a Swedish-British multinational pharmaceutical and biotechnology company with its headquarters at the Cambridge Biomedical Campus in Cambridge, UK. It has a portfolio of products for major diseases in areas including oncology, cardiovascular, gastrointestinal, infection, neuroscience, respiratory, and inflammation.

Bristol-Myers Squibb Company, doing business as Bristol Myers Squibb, is an American multinational pharmaceutical company headquartered in Princeton, New Jersey. The company's primary products are apixaban (Eliquis) for people with atrial fibrillation ; nivolumab (Opdivo), used to treat certain types of cancer ; lenalidomide (Revlimid), used to treat multiple myeloma, smoldering myeloma, and myelodysplastic syndromes ; abatacept (Orencia), used to treat autoimmune diseases such as rheumatoid art...

AZN vs BMY — Head-to-Head

Bigger by revenue
AZN
AZN
1.2× larger
AZN
$14.5B
$12.5B
BMY
Growing faster (revenue YoY)
AZN
AZN
+10.4% gap
AZN
11.7%
1.3%
BMY
Higher net margin
AZN
AZN
8.2% more per $
AZN
16.9%
8.7%
BMY

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
AZN
AZN
BMY
BMY
Revenue
$14.5B
$12.5B
Net Profit
$2.4B
$1.1B
Gross Margin
82.9%
67.2%
Operating Margin
24.3%
11.8%
Net Margin
16.9%
8.7%
Revenue YoY
11.7%
1.3%
Net Profit YoY
27.0%
1409.7%
EPS (diluted)
$1.57
$0.54

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AZN
AZN
BMY
BMY
Q4 25
$12.5B
Q3 25
$12.2B
Q2 25
$14.5B
$12.3B
Q1 25
$11.2B
Q4 24
$12.3B
Q3 24
$11.9B
Q2 24
$12.9B
$12.2B
Q1 24
$11.9B
Net Profit
AZN
AZN
BMY
BMY
Q4 25
$1.1B
Q3 25
$2.2B
Q2 25
$2.4B
$1.3B
Q1 25
$2.5B
Q4 24
$72.0M
Q3 24
$1.2B
Q2 24
$1.9B
$1.7B
Q1 24
$-11.9B
Gross Margin
AZN
AZN
BMY
BMY
Q4 25
67.2%
Q3 25
71.9%
Q2 25
82.9%
72.5%
Q1 25
72.9%
Q4 24
61.0%
Q3 24
75.1%
Q2 24
83.1%
73.2%
Q1 24
75.3%
Operating Margin
AZN
AZN
BMY
BMY
Q4 25
11.8%
Q3 25
25.5%
Q2 25
24.3%
14.5%
Q1 25
26.5%
Q4 24
1.4%
Q3 24
14.1%
Q2 24
21.2%
10.5%
Q1 24
-97.1%
Net Margin
AZN
AZN
BMY
BMY
Q4 25
8.7%
Q3 25
18.0%
Q2 25
16.9%
10.7%
Q1 25
21.9%
Q4 24
0.6%
Q3 24
10.2%
Q2 24
14.9%
13.8%
Q1 24
-100.4%
EPS (diluted)
AZN
AZN
BMY
BMY
Q4 25
$0.54
Q3 25
$1.08
Q2 25
$1.57
$0.64
Q1 25
$1.20
Q4 24
$0.05
Q3 24
$0.60
Q2 24
$1.24
$0.83
Q1 24
$-5.89

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AZN
AZN
BMY
BMY
Cash + ST InvestmentsLiquidity on hand
$7.1B
$10.2B
Total DebtLower is stronger
$44.8B
Stockholders' EquityBook value
$44.8B
$18.5B
Total Assets
$112.4B
$90.0B
Debt / EquityLower = less leverage
2.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AZN
AZN
BMY
BMY
Q4 25
$10.2B
Q3 25
$15.7B
Q2 25
$7.1B
$12.6B
Q1 25
$10.9B
Q4 24
$10.3B
Q3 24
$7.9B
Q2 24
$6.9B
$6.3B
Q1 24
$9.3B
Total Debt
AZN
AZN
BMY
BMY
Q4 25
$44.8B
Q3 25
$48.7B
Q2 25
$48.9B
Q1 25
$49.5B
Q4 24
$49.4B
Q3 24
$49.5B
Q2 24
$52.0B
Q1 24
$52.4B
Stockholders' Equity
AZN
AZN
BMY
BMY
Q4 25
$18.5B
Q3 25
$18.6B
Q2 25
$44.8B
$17.4B
Q1 25
$17.4B
Q4 24
$16.3B
Q3 24
$17.1B
Q2 24
$39.6B
$17.0B
Q1 24
$16.5B
Total Assets
AZN
AZN
BMY
BMY
Q4 25
$90.0B
Q3 25
$96.9B
Q2 25
$112.4B
$94.7B
Q1 25
$92.4B
Q4 24
$92.6B
Q3 24
$93.7B
Q2 24
$104.3B
$94.6B
Q1 24
$99.0B
Debt / Equity
AZN
AZN
BMY
BMY
Q4 25
2.43×
Q3 25
2.63×
Q2 25
2.81×
Q1 25
2.85×
Q4 24
3.03×
Q3 24
2.89×
Q2 24
3.05×
Q1 24
3.18×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AZN
AZN
BMY
BMY
Operating Cash FlowLast quarter
$2.0B
Free Cash FlowOCF − Capex
$1.6B
FCF MarginFCF / Revenue
12.8%
Capex IntensityCapex / Revenue
3.0%
Cash ConversionOCF / Net Profit
1.82×
TTM Free Cash FlowTrailing 4 quarters
$12.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AZN
AZN
BMY
BMY
Q4 25
$2.0B
Q3 25
$6.3B
Q2 25
$3.9B
Q1 25
$2.0B
Q4 24
$4.4B
Q3 24
$5.6B
Q2 24
$2.3B
Q1 24
$2.8B
Free Cash Flow
AZN
AZN
BMY
BMY
Q4 25
$1.6B
Q3 25
$6.0B
Q2 25
$3.6B
Q1 25
$1.7B
Q4 24
$4.1B
Q3 24
$5.3B
Q2 24
$2.1B
Q1 24
$2.5B
FCF Margin
AZN
AZN
BMY
BMY
Q4 25
12.8%
Q3 25
49.0%
Q2 25
29.0%
Q1 25
15.1%
Q4 24
32.9%
Q3 24
44.3%
Q2 24
16.9%
Q1 24
21.5%
Capex Intensity
AZN
AZN
BMY
BMY
Q4 25
3.0%
Q3 25
2.6%
Q2 25
2.9%
Q1 25
2.3%
Q4 24
3.1%
Q3 24
2.7%
Q2 24
2.1%
Q1 24
2.4%
Cash Conversion
AZN
AZN
BMY
BMY
Q4 25
1.82×
Q3 25
2.87×
Q2 25
2.99×
Q1 25
0.80×
Q4 24
61.65×
Q3 24
4.62×
Q2 24
1.38×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AZN
AZN

Segment breakdown not available.

BMY
BMY

Net Product Sales$12.1B97%
Zeposia$159.0M1%
Opdivo Ovantig$132.0M1%
Abecma$100.0M1%
Sotyktu$86.0M1%

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