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Stock Comparison · Industry comparison · Drug Manufacturers - General

Amgen vs Bristol-Myers Squibb Company: Which Stock Looks Stronger in 2026?

Amgen leads structurally, with profitability as the clearest single gap between the two profiles. Bristol-Myers Squibb Company still has the edge on valuation, which keeps the comparison from looking entirely one-sided. In the market, Bristol-Myers Squibb Company carries the stronger setup — intact trend against Amgen's broken trend. That leaves a split case: the structural lead stays with Amgen, but the market is not currently confirming it.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the S&P 500 universe, making them directly comparable.

Updated 2026-05-17

Most of the separation is still concentrated in profitability. The overall score gap is 8 points in favour of Amgen Inc..

INDUSTRY COMPARISON

Both operate in: Drug Manufacturers - General

This comparison is based on industry proximity, not on functional trajectory similarity. AMGN and BMY share the same industry classification.

For a similarity-based comparison, see how Amgen and BMY each position within their functional peer groups in AssetNext.

Peer-Relative Score
AMGN
Amgen Inc.
64
Peer-Score
Signal qualityMedium
Peer basis: S&P 500
vs
BMY
Bristol-Myers Squibb Company
56
Peer-Score
Signal qualitylow
Peer basis: S&P 500

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The clearest separation appears in profitability.

Dimension spread: AMGN vs BMY Profitability 79 40 Stability 64 59 Valuation 73 86 Growth 27 30 AMGN BMY
Gap Ranking
#1 Profitability +39
#2 Valuation +13
#3 Stability +5
#4 Growth +3
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for AMGN and BMY Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer AMGNBMY Relative valuation Structural strength

The setup splits cleanly: structure favours Amgen Inc., while the price setup favours Bristol-Myers Squibb Company.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where AMGN and BMY each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY AMGN Elevated · near norm 0th 50th 100th 23 pct gap BMY Neutral · near norm 0th 50th 100th 92nd 69th
Today BMY sits in the upper-middle of its own 5-year history (69th percentile), while AMGN sits higher in its own history (92nd). Within each stock's own 5-year context, BMY is at a historically more favourable entry position than AMGN. This reflects entry timing, not which company is structurally stronger — peer-relative analysis is a separate question addressed above.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Profitability
Both profiles are strong on profitability, but Amgen Inc. leads clearly.
Valuation
On valuation, the same pattern holds: both rank well, but Bristol-Myers Squibb Company still sits higher.
Profitability — Dominant Gap
AMGN
79
BMY
40
Gap+39in favour of AMGN

Return on equity adds support too, with a 63-point advantage.

What keeps the gap from being one-sided

Absolute pricing still looks more supportive for Bristol-Myers Squibb Company, with a forward P/E that is 4.7 turns lower there.

What this means for the comparison

The page question resolves through profitability, but valuation and current pricing still keep the broader comparison from reading as fully aligned.

Explore full peer positioning in AssetNext

Break down the AMGN vs BMY comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar profitability-driven comparisons

Explore how AMGN and BMY each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.