The Bank of New York Mellon Corporation (BNY) Key Metrics
BNY valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $97.23B
- Enterprise value
- −$7.21B
- P/E (TTM)
- 15.9 10-yr median 13.0
- Forward P/E
- 15.0
- PEG ratio
- 1.14
- Price / sales
- 4.4 10-yr median 2.3
- Price / book
- 2.6 10-yr median 1.2
- EV / EBITDA
- —
- Dividend yield
- 1.55% $2.22 a year
- Beta
- 1.05
BNY key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsBNY valuation Price multiples at each fiscal year-end price.
BNY returns How much profit the business earns on the capital it uses.
BNY per-share figures Results divided by the shares outstanding at year-end.
BNY financial health Debt, liquidity and how easily interest is covered.
BNY efficiency & capital use Working capital cycle and where the cash goes.
BNY valuation history
BNY returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
BNY debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
BNY cash returned to shareholders
BNY price vs earnings per share
BNY key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $81.81B | $57.48B | $41.00B | $37.09B | $49.74B | $37.88B | $47.47B | $48.97B | $56.03B | $50.79B |
| Enterprise value | −$75.00B | −$97.69B | −$151.68B | −$145.28B | −$178.76B | −$237.49B | −$152.84B | −$127.57B | −$114.53B | −$93.07B |
| P/E ratio | 14.7 | 12.7 | 12.4 | 14.5 | 13.2 | 10.5 | 10.7 | 11.5 | 13.7 | 14.3 |
| Price / sales | 2.0 | 1.5 | 1.2 | 1.9 | 3.1 | 2.3 | 2.3 | 2.6 | 3.5 | 3.3 |
| Price / book | 1.8 | 1.4 | 1.0 | 0.9 | 1.2 | 0.8 | 1.1 | 1.2 | 1.4 | 1.3 |
| Price / free cash flow | 15.8 | — | 8.7 | 2.7 | 30.6 | 9.9 | — | 10.0 | 16.3 | 9.4 |
| Price / operating cash flow | 12.2 | 83.7 | 6.9 | 2.5 | 17.5 | 7.5 | 494.4 | 8.2 | 12.0 | 8.1 |
| EV / sales | -1.9 | -2.5 | -4.5 | -7.3 | -11.3 | -14.3 | -7.5 | -6.8 | -7.1 | -6.1 |
| Earnings yield | 6.8% | 7.9% | 8.1% | 6.9% | 7.6% | 9.5% | 9.4% | 8.7% | 7.3% | 7.0% |
| Free cash flow yield | 6.3% | −1.4% | 11.4% | 37.0% | 3.3% | 10.1% | −2.3% | 10.0% | 6.1% | 10.7% |
| Dividend yield | 2.1% | 2.7% | 3.6% | 3.7% | 2.7% | 3.4% | 2.7% | 2.5% | 1.9% | 1.8% |
| Shareholder yield (dividends + buybacks) | 7.6% | 8.0% | 11.2% | 4.0% | 11.8% | 6.0% | 9.7% | 9.2% | 6.7% | 6.5% |
| Share price at fiscal year-end | $116.09 | $76.83 | $52.05 | $45.52 | $58.08 | $42.44 | $50.33 | $47.07 | $53.86 | $47.38 |
| Per share | ||||||||||
| Revenue per share | $57.38 | $52.87 | $42.89 | $24.30 | $18.52 | $18.60 | $21.68 | $18.08 | $15.57 | $14.24 |
| Earnings per share | $7.87 | $6.06 | $4.19 | $3.14 | $4.39 | $4.05 | $4.71 | $4.10 | $3.93 | $3.31 |
| Operating cash flow per share | $9.55 | $0.92 | $7.50 | $18.49 | $3.31 | $5.64 | $0.10 | $5.76 | $4.49 | $5.83 |
| Free cash flow per share | $7.35 | −$1.05 | $5.96 | $16.84 | $1.90 | $4.28 | −$1.18 | $4.70 | $3.31 | $5.06 |
| Cash per share | $270.58 | $268.16 | $303.28 | $276.83 | $311.49 | $350.70 | $258.47 | $216.39 | $211.29 | $167.75 |
| Book value per share | $62.88 | $55.23 | $51.75 | $49.99 | $50.25 | $51.32 | $43.99 | $39.06 | $39.65 | $36.20 |
| Tangible book value per share | $35.08 | $25.66 | $24.40 | $23.84 | $23.86 | $26.23 | $20.57 | $17.70 | $18.05 | $15.34 |
| Dividends per share | $2.39 | $2.06 | $1.89 | $1.69 | $1.54 | $1.45 | $1.37 | $1.17 | $1.03 | $0.84 |
| Capex per share | $2.20 | $1.96 | $1.55 | $1.65 | $1.42 | $1.37 | $1.28 | $1.07 | $1.15 | $0.77 |
| Debt per share | $48.07 | $60.75 | $58.70 | $53.01 | $44.66 | $42.17 | $46.08 | $46.69 | $47.34 | $33.54 |
| Shares outstanding | 704.7M | 748.1M | 787.8M | 814.8M | 856.4M | 892.5M | 943.1M | 1.04B | 1.04B | 1.07B |
| Change in shares outstanding | −5.8% | −5.0% | −3.3% | −4.9% | −4.1% | −5.4% | −9.3% | 0.0% | −3.0% | −3.6% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 13.0% | 11.0% | 8.1% | 6.1% | 8.5% | 8.3% | 10.8% | 10.4% | 10.2% | 9.2% |
| Return on assets (ROA) | 1.2% | 1.1% | 0.8% | 0.6% | 0.8% | 0.8% | 1.2% | 1.2% | 1.2% | 1.0% |
| Return on tangible assets | 1.2% | 1.1% | 0.9% | 0.7% | 0.9% | 0.8% | 1.2% | 1.3% | 1.2% | 1.1% |
| Free cash flow margin | 12.8% | −2.0% | 13.9% | 69.3% | 10.2% | 23.0% | −5.4% | 26.0% | 21.3% | 35.5% |
| Income quality (OCF / net income) | 1.21 | 0.15 | 1.79 | 5.90 | 0.75 | 1.39 | 0.02 | 1.41 | 1.14 | 1.76 |
| Financial health | ||||||||||
| Total debt | $33.88B | $45.44B | $46.24B | $43.19B | $38.25B | $37.64B | $43.46B | $48.57B | $49.24B | $35.96B |
| Cash & short-term investments | $190.69B | $200.61B | $238.93B | $225.56B | $266.75B | $313.01B | $243.76B | $225.11B | $219.80B | $179.82B |
| Net debt | −$156.81B | −$155.17B | −$192.68B | −$182.37B | −$228.50B | −$275.37B | −$200.31B | −$176.54B | −$170.56B | −$143.87B |
| Debt / equity | 0.76 | 1.10 | 1.13 | 1.06 | 0.89 | 0.82 | 1.05 | 1.20 | 1.19 | 0.93 |
| Debt / assets | 0.07 | 0.11 | 0.11 | 0.11 | 0.09 | 0.08 | 0.11 | 0.13 | 0.13 | 0.11 |
| Net debt / EBITDA | −17.60 | −20.28 | −31.23 | −34.68 | −35.07 | −45.16 | −29.02 | −27.03 | −28.03 | −23.10 |
| Current ratio | 0.70 | 0.65 | 0.78 | 0.74 | 0.77 | 0.84 | 0.85 | 0.85 | 0.81 | 0.74 |
| Quick ratio | 0.70 | 0.65 | 0.78 | 0.74 | 0.77 | 0.84 | 0.85 | 0.85 | 0.81 | 0.74 |
| Interest coverage | 0.3 | 0.3 | 0.3 | 1.0 | 20.5 | 3.9 | 1.3 | 1.8 | 4.3 | 10.8 |
| Working capital | −$114.37B | −$115.50B | −$69.05B | −$82.42B | −$83.88B | −$59.51B | −$43.60B | −$42.29B | −$54.31B | −$65.48B |
| Invested capital | −$112.50B | −$113.85B | −$151.91B | −$141.63B | −$185.47B | −$229.57B | −$158.82B | −$135.90B | −$129.31B | −$105.05B |
| Tangible asset value | $25.22B | $19.64B | $19.36B | $19.54B | $20.79B | $23.73B | $19.64B | $18.65B | $19.27B | $17.21B |
| Net current asset value | −$155.00B | −$163.84B | −$118.91B | −$130.04B | −$125.98B | −$102.76B | −$88.14B | −$88.41B | −$100.37B | −$105.28B |
| Graham number | $105.54 | $86.75 | $69.86 | $59.40 | $70.45 | $68.41 | $68.27 | $60.04 | $59.23 | $51.92 |
| Graham net-net per share | −$248.96 | −$225.07 | −$156.90 | −$164.69 | −$151.66 | −$119.01 | −$97.10 | −$88.28 | −$100.15 | −$101.15 |
| Capital allocation | ||||||||||
| Dividends paid | $1.69B | $1.54B | $1.49B | $1.38B | $1.32B | $1.30B | $1.29B | $1.22B | $1.08B | $900.0M |
| Share buybacks (net) | $4.54B | $3.06B | $3.10B | $124.0M | $4.57B | $989.0M | $3.33B | $3.27B | $2.69B | $2.40B |
| Dividend payout ratio | 30.4% | 34.0% | 45.0% | 53.8% | 35.2% | 35.8% | 29.0% | 28.6% | 26.3% | 25.4% |
| Dividends + buybacks / free cash flow | 120.1% | — | 97.8% | 10.9% | 362.9% | 59.9% | — | 91.9% | 109.2% | 60.8% |
| Capex / revenue | 3.8% | 3.7% | 3.6% | 6.8% | 7.7% | 7.4% | 5.9% | 5.9% | 7.4% | 5.4% |
| Capex / operating cash flow | 23.1% | 213.8% | 20.6% | 8.9% | 42.8% | 24.3% | 1,260.4% | 18.5% | 25.6% | 13.2% |
| Capex / depreciation | 0.84 | 0.81 | 0.65 | 0.76 | 0.65 | 0.75 | 0.92 | 0.83 | 0.81 | 0.55 |
| Stock-based compensation / revenue | — | — | — | 1.8% | 2.0% | 1.4% | 1.5% | — | — | 2.4% |
| SG&A / revenue | 17.2% | 17.4% | 20.2% | 34.3% | 40.0% | 35.9% | 29.7% | 32.7% | 37.2% | 38.0% |
| Efficiency | ||||||||||
| Days sales outstanding | 401.1 | 72.3 | 83.7 | 118.2 | 133.7 | 127.9 | 113.0 | 143.4 | 175.1 | 179.3 |
| Days payables outstanding | 370.7 | 328.6 | 464.9 | 2,427.3 | -2,291,971.9 | 5,450.5 | 1,620.4 | 2,592.3 | 7,155.9 | 18,373.0 |
| Cash conversion cycle (days) | 30.4 | -256.3 | -381.1 | -2,309.1 | 2,292,105.6 | -5,322.6 | -1,507.3 | -2,449.0 | -6,980.8 | -18,193.6 |
| Receivables turnover | 0.91 | 5.05 | 4.36 | 3.09 | 2.73 | 2.85 | 3.23 | 2.55 | 2.08 | 2.04 |
| Payables turnover | 0.98 | 1.11 | 0.79 | 0.15 | −0.00 | 0.07 | 0.23 | 0.14 | 0.05 | 0.02 |
| Asset turnover | 0.09 | 0.10 | 0.08 | 0.05 | 0.03 | 0.04 | 0.05 | 0.05 | 0.05 | 0.04 |
| Average receivables | $44.44B | $7.83B | $7.75B | $6.41B | $5.81B | $5.82B | $6.33B | $7.39B | $7.77B | $7.50B |
| Average payables | $20.97B | $19.23B | $20.91B | $24.29B | $25.12B | $21.92B | $19.24B | $19.96B | $20.59B | $21.44B |
| Intangibles / total assets | 4.1% | 5.3% | 5.3% | 5.3% | 5.1% | 4.8% | 5.8% | 6.1% | 6.0% | 6.7% |
Computed from BNY's annual financial statements (latest annual report filed February 25, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
BNY valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), BNY traded at 14.7 times earnings, against a 10-year median of 13.0. Based on the latest twelve months, the trailing P/E is 15.9 and the forward P/E is 15.0. BNY earned a return on equity of 13.0% in fiscal 2025. It ended the year with $33.9 billion of debt and $190.7 billion in cash and short-term investments, a net cash position of $156.8 billion. It returned $6.2 billion to shareholders: $1.7 billion in dividends and $4.5 billion in share buybacks, 120% of free cash flow. The share count fell 34.3% from 1.07B to 704.7M over 9 years.
See the BNY income statement, the BNY chart for price history, or the BNY stock overview for the latest quote and news.
BNY key metrics FAQ
What is BNY's P/E ratio?
BNY's trailing P/E ratio is 15.9 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 15.0. At the end of fiscal 2025 it was 14.7, compared with a 10-year median of 13.0.
What is BNY's return on equity?
BNY's return on equity (ROE) was 13.0% in fiscal 2025: net income of $5.5 billion on average shareholders' equity of $42.8 billion.
How much debt does BNY have?
BNY had total debt of $33.9 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.76 and more cash than debt.
What is BNY's dividend yield?
BNY's forward dividend yield is 1.55%. BNY paid $1.7 billion in dividends in fiscal 2025 ($2.39 per share), a payout ratio of 30.4%.
Does BNY buy back its shares?
Yes. BNY spent $4.5 billion on net share repurchases in fiscal 2025 Shares outstanding changed −5.8% over the year, to 704.7M..
What is BNY's free cash flow yield?
BNY generated $5.2 billion of free cash flow in fiscal 2025, a free cash flow yield of 6.3% on its market value at year-end ($81.8 billion).
What is BNY's current ratio?
BNY's current ratio was 0.70 at the end of fiscal 2025: current assets were 0.70 times current liabilities.