S&P 500 comparison · Health Care

Bristol Myers Squibb vs Johnson & Johnson

Prices at close . Model readings .

Bristol Myers Squibb

$60.57−1.59%
Month: positiveLong run: positive

Johnson & Johnson

$271.04+0.86%
Month: negativeLong run: negative
Price change

Price change, with the S&P 500 as a benchmark

Percent change in each close since the start of the chosen range, for both companies and the S&P 500 (SPY). Daily closes over the last year, weekly before that and monthly before five years.

In short

How the two compare

On the latest closes (28 Oct 2026), Johnson & Johnson is the larger company by market value ($663.67B against $124.05B). Over the past year Bristol Myers Squibb returned +44.3% and Johnson & Johnson +44.9%, while the S&P 500 returned +12.7%. The latest filed P/E is 13.0 for Bristol Myers Squibb and 30.4 for Johnson & Johnson, and the operating margin 22.6% against -7.1%. Over the next 21 sessions the model expects +0.09% for Bristol Myers Squibb, with a 57% chance of a rise, and −0.17% for Johnson & Johnson, with a 24% chance. Bristol Myers Squibb's long-run fair value is $67.39, a gap of +11.3% to its price; the long-run model view is positive. Johnson & Johnson's long-run fair value is $224.06, a gap of −17.3% to its price; the long-run model view is negative.

Model view

What the model expects

Expected returns and the chance of a rise from our forecasting models, and the long-run fair value against the price. Readings, not advice.

Model readings:
Expected returnnext 21 sessions
BMY+0.09%
JNJ−0.17%
Chance of a risenext 21 sessions
BMY57%
JNJ24%
Expected returnnext 63 sessions
BMY+1.84%
JNJ+1.53%
Range of outcomes63 sessions, 80% band
BMY−20.4% to +24%
JNJ−18.9% to +22%
Chance of a risenext 63 sessionsMembers only · see plans
Long-run fair valueintrinsic value model
BMY$67.3928 Oct 2026
JNJ$224.0628 Oct 2026
Gap to pricefair value against the close
BMY+11.3%
JNJ−17.3%
Past readings that matchedsign of the 21-session outcome
BMY59%of 269
JNJ70.9%of 269
Price performance

How the prices moved

Price change over each period, with the S&P 500 (SPY) for comparison.

Closes to
1 monthS&P 500: +1.1%
BMY−2.6%
JNJ+1.3%
6 monthsS&P 500: +8.5%
BMY+6.4%
JNJ+19.9%
Year to dateS&P 500: +13.3%
BMY+16.1%
JNJ+32.4%
1 yearS&P 500: +12.7%
BMY+44.3%
JNJ+44.9%
5 yearsS&P 500: +70.7%
BMY+27%
JNJ+89.4%
1 year against the S&P 500percentage points
BMY+31.6 pts
JNJ+32.2 pts
Position in the 52-week range0% low, 100% high
BMY71%close $60.57 in $41.13 to $68.64
JNJ90%close $271.04 in $181.48 to $281.07
Against the 200-day average
BMY+2.2%
JNJ+10.4%
Valuation

What the market pays

Size and the multiples from the latest filed quarter. A P/E on losses reads n/m.

Filings: quarter to (BMY), (JNJ)
Market value
BMY$124.05B28 Oct 2026
JNJ$663.67B28 Oct 2026
Enterprise valueat the last filing
BMY$152.40B30 Jun 2026
JNJ$691.85B27 Sep 2026
P/Elatest filed
BMY13.0
JNJ30.4
Price to book
BMY5.29
JNJ8.15
EV / EBITDA
BMY9.75
JNJ18.96
Free cash flow yield
BMY9.69%
JNJ3.1%
Dividend yield
BMY4.32%
JNJ1.88%
Questions

Bristol Myers Squibb or Johnson & Johnson: common questions

Which is larger by market value, Bristol Myers Squibb or Johnson & Johnson?

Johnson & Johnson, at $663.67B against $124.05B for Bristol Myers Squibb, on the latest closes (28 Oct 2026).

Which has the higher P/E ratio, Bristol Myers Squibb or Johnson & Johnson?

Johnson & Johnson has the higher latest filed P/E, 30.4; Bristol Myers Squibb's is 13.0. Filings: quarter to 30 Jun 2026 and 27 Sep 2026.

How did Bristol Myers Squibb and Johnson & Johnson move over the past year against the S&P 500?

Over the past year Bristol Myers Squibb returned +44.3% and Johnson & Johnson +44.9%, while the S&P 500 returned +12.7%. Prices at close 28 Oct 2026.

What does the model expect for Bristol Myers Squibb and Johnson & Johnson over the next month?

+0.09% for Bristol Myers Squibb with a 57% chance of a rise, and −0.17% for Johnson & Johnson with a 24% chance, over the next 21 sessions. Model readings 28 Oct 2026. These are model readings, not advice.

How do the operating margins of Bristol Myers Squibb and Johnson & Johnson compare?

The operating margin is 22.6% for Bristol Myers Squibb and -7.1% for Johnson & Johnson, and the gross margin 71.3% against 68.1%. Filings: quarter to 30 Jun 2026 and 27 Sep 2026.

Do Bristol Myers Squibb and Johnson & Johnson shares move together?

Over the past year the correlation of their daily returns was 0.45 (loosely together); 1 means they always move together, 0 unrelated, −1 opposite. Prices at close 28 Oct 2026.

In the consoleCompare up to four companies with every model readingMembers see the 63-session chance of a rise and all four horizons, side by side in Research › Compare.
Open in the console
The two company pagesBristol Myers Squibb (BMY) forecast and analysisJohnson & Johnson (JNJ) forecast and analysis
More comparisonsBristol Myers Squibb vs Lilly (Eli)Bristol Myers Squibb vs Merck & Co.Johnson & Johnson vs PfizerJohnson & Johnson vs Viatris
BrowseAll Health Care companiesAll comparisonsHow the model readings are made

Model readings are research estimates, not investment advice. Prices: daily closes. Fundamentals: the latest SEC filings. Short interest: FINRA, settlement 30 Sep 2026. A dash means the figure is not in our data; it is never shown as zero. The model view follows a published rule: next month by the sign of the expected return, the long run positive at a fair value 10% or more above the price and negative at 10% or more below it.