The Bank of New York Mellon
Financial ratios & Valuation

Forward Multiples (2025 – 2026)

20252026
Price/Earnings ratio
16.8215.25
Price/Sales ratio
4.534.35
Earnings per Share (EPS)
$6.00$6.62

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
14.4814.4114.2413.6211.9010.6410.4513.1614.3412.4116.1511.90
Price/Sales ratio
3.003.073.403.683.212.932.443.162.302.353.142.93
Price/Book Value ratio
1.201.191.301.351.191.140.821.140.900.991.361.19
Price/Cash Flow ratio
10.2211.038.0812.008.11492.617.5017.432.456.90-19.49492.61
Price/Free Cash Flow ratio
12.4112.919.3116.179.95-42.459.9030.482.698.69-13.25-42.45
Price/Earnings Growth ratio
0.269.690.900.742.110.72-0.681.53-0.470.362.872.11
Dividend Yield
1.81%1.89%1.78%1.93%2.50%2.72%3.42%2.67%3.72%3.64%2.29%2.72%
Profitability Indicator Ratios
Gross Profit Margin
100%100%100%100%100%100%100%100%100%100%99.47%100%
Operating Profit Margin
27.89%28.15%31.85%30.32%53.06%34.56%28.81%29.65%53.16%37.50%25.72%34.56%
Pretax Profit Margin
28.44%28.58%31.85%30.48%30.48%34.72%28.87%29.73%20.75%23.63%26.37%34.72%
Net Profit Margin
20.73%21.31%23.91%27.04%27.04%27.60%23.37%24.04%16.04%19.00%19.70%27.60%
Effective Tax Rate
25.17%23.91%24.91%10.75%10.75%20.04%18.84%18.86%23.07%19.56%22.15%10.75%
Return on Assets
0.82%0.80%1.06%1.10%1.12%1.16%0.77%0.84%0.63%0.80%0.82%1.16%
Return On Equity
8.32%8.30%9.13%9.91%10.06%10.70%7.89%8.73%6.31%8.03%8.61%10.70%
Return on Capital Employed
1.16%1.12%1.51%1.31%2.35%1.54%1.00%1.10%2.22%2.03%1.14%1.54%
Liquidity Ratios
Current Ratio
0.300.220.270.260.290.28N/AN/AN/AN/A8.470.29
Quick Ratio
10.489.4211.1513.5513.7014.9017.6914.0013.300.378.4714.90
Cash ratio
5.816.013.584.684.065.046.594.824.851.384.614.06
Days of Sales Outstanding
14.5113.8413.9714.72162.6814.1512.03137.82157.50N/A558.00162.68
Days of Inventory outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Operating Cycle
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A558.00N/A
Days of Payables Outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A75.84KN/A
Cash Conversion Cycle
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-75.28KN/A
Debt Ratios
Debt Ratio
0.050.050.070.090.060.070.050.060.070.070.070.06
Debt Equity Ratio
0.570.590.660.820.610.670.570.610.750.770.800.61
Long-term Debt to Capitalization
0.350.360.390.420.370.400.360.380.430.430.440.37
Total Debt to Capitalization
0.360.370.400.450.370.400.360.380.430.430.440.37
Interest Coverage Ratio
7.2510.528.113.801.511.013.89N/AN/AN/A0.271.01
Cash Flow to Debt Ratio
0.200.180.240.130.240.000.190.100.480.18-0.080.00
Company Equity Multiplier
10.1210.358.599.018.929.1910.2510.329.9610.0210.178.92
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.290.270.420.300.390.000.320.180.930.34-0.160.00
Free Cash Flow / Operating Cash Flow Ratio
0.820.850.860.740.81-11.600.750.570.910.791.450.81
Cash Flow Coverage Ratio
0.200.180.240.130.240.000.190.100.480.18-0.080.00
Short Term Coverage Ratio
5.707.898.281.50N/AN/AN/AN/AN/AN/A-9.73N/A
Dividend Payout Ratio
26.31%27.39%25.37%26.30%29.85%29.02%35.83%35.19%53.47%45.25%43.31%29.85%