Stocks · Health care · Pharmaceutical Preparations

Pfizer

PFE Clue Score43
United States Fiscal year ends December CIK 0000078003
$28.28 +1.65% Close, 9 Oct 2026
Price $28.28 −32.76% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueNet income
Fiscal year 2016Revenue52.82Net income7.22EPS, diluted1.17Fiscal year 2017Revenue52.55 −0.5%Net income21.31 +195.3%EPS, diluted3.52 +200.9%Fiscal year 2018Revenue40.83 −22.3%Net income11.15 −47.7%EPS, diluted1.87 −46.9%Fiscal year 2019Revenue40.91 +0.2%Net income16.03 +43.7%EPS, diluted2.82 +50.8%Fiscal year 2020Revenue41.65 +1.8%Net income9.16 −42.8%EPS, diluted1.63 −42.2%Fiscal year 2021Revenue73.64 +76.8%Net income21.98 +140.0%EPS, diluted3.85 +136.2%Fiscal year 2022Revenue91.79 +24.7%Net income31.37 +42.7%EPS, diluted5.47 +42.1%Fiscal year 2023Revenue50.91 −44.5%Net income2.12 −93.2%EPS, diluted0.37 −93.2%Fiscal year 2024Revenue63.63 +25.0%Net income8.03 +279.0%EPS, diluted1.41 +281.1%Fiscal year 2025Revenue62.58 −1.6%Net income7.77 −3.2%EPS, diluted1.36 −3.5%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 52.82 52.55 40.83 40.91 41.65 73.64 91.79 50.91 63.63 62.58
Growth −0.5% −22.3% +0.2% +1.8% +76.8% +24.7% −44.5% +25.0% −1.6%
Net income 7.22 21.31 11.15 16.03 9.16 21.98 31.37 2.12 8.03 7.77
Growth +195.3% −47.7% +43.7% −42.8% +140.0% +42.7% −93.2% +279.0% −3.2%
EPS, diluted 1.17 3.52 1.87 2.82 1.63 3.85 5.47 0.37 1.41 1.36
Growth +200.9% −46.9% +50.8% −42.2% +136.2% +42.1% −93.2% +281.1% −3.5%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Net margin
Fiscal year 2016Net margin13.7%Free cash flow margin27.2%Fiscal year 2017Net margin40.6%Free cash flow margin28.3%Fiscal year 2018Net margin27.3%Free cash flow margin33.9%Fiscal year 2019Net margin39.2%Free cash flow margin25.8%Fiscal year 2020Net margin22.0%Free cash flow margin29.2%Fiscal year 2021Net margin29.8%Free cash flow margin40.6%Fiscal year 2022Net margin34.2%Free cash flow margin28.4%Fiscal year 2023Net margin4.2%Free cash flow margin9.4%Fiscal year 2024Net margin12.6%Free cash flow margin15.5%Fiscal year 2025Net margin12.4%Free cash flow margin14.5%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net margin 13.7% 40.6% 27.3% 39.2% 22.0% 29.8% 34.2% 4.2% 12.6% 12.4%
Free cash flow margin 27.2% 28.3% 33.9% 25.8% 29.2% 40.6% 28.4% 9.4% 15.5% 14.5%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow16.19Capital expenditure−1.82Free cash flow14.37Buybacks−5.00Fiscal year 2017Operating cash flow16.80Capital expenditure−1.96Free cash flow14.85 +3.3%Buybacks−5.00Fiscal year 2018Operating cash flow15.83Capital expenditure−1.98Free cash flow13.84 −6.8%Buybacks−12.20Fiscal year 2019Operating cash flow12.59Capital expenditure−2.05Free cash flow10.54 −23.8%Buybacks−8.87Fiscal year 2020Operating cash flow14.40Capital expenditure−2.23Free cash flow12.18 +15.5%Buybacks0.00Fiscal year 2021Operating cash flow32.58Capital expenditure−2.71Free cash flow29.87 +145.3%Buybacks0.00Fiscal year 2022Operating cash flow29.27Capital expenditure−3.24Free cash flow26.03 −12.8%Buybacks−2.00Fiscal year 2023Operating cash flow8.70Capital expenditure−3.91Free cash flow4.79 −81.6%Buybacks0.00Fiscal year 2024Operating cash flow12.74Capital expenditure−2.91Free cash flow9.84 +105.2%Buybacks0.00Fiscal year 2025Operating cash flow11.70Capital expenditure−2.63Free cash flow9.08 −7.7%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 16.19 16.80 15.83 12.59 14.40 32.58 29.27 8.70 12.74 11.70
Capital expenditure −1.82 −1.96 −1.98 −2.05 −2.23 −2.71 −3.24 −3.91 −2.91 −2.63
Free cash flow 14.37 14.85 13.84 10.54 12.18 29.87 26.03 4.79 9.84 9.08
Growth +3.3% −6.8% −23.8% +15.5% +145.3% −12.8% −81.6% +105.2% −7.7%
Buybacks −5.00 −5.00 −12.20 −8.87 0.00 0.00 −2.00 0.00 0.00 n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash2.60Total debt35.62Net cash (debt)−33.03Shareholders’ equity59.54Debt to equity0.60Fiscal year 2017Cash1.34Total debt37.08Net cash (debt)−35.74Shareholders’ equity71.31Debt to equity0.52Fiscal year 2018Cash1.14Total debt37.69Net cash (debt)−36.55Shareholders’ equity63.41Debt to equity0.59Fiscal year 2019Cash1.12Total debt37.42Net cash (debt)−36.30Shareholders’ equity63.14Debt to equity0.59Fiscal year 2020Cash1.79Total debt39.14Net cash (debt)−37.35Shareholders’ equity63.24Debt to equity0.62Fiscal year 2021Cash1.94Total debt37.83Net cash (debt)−35.89Shareholders’ equity77.20Debt to equity0.49Fiscal year 2022Cash0.42Total debt35.44Net cash (debt)−35.03Shareholders’ equity95.66Debt to equity0.37Fiscal year 2023Cash2.85Total debt63.79Net cash (debt)−60.94Shareholders’ equity89.01Debt to equity0.72Fiscal year 2024Cash1.04Total debt61.15Net cash (debt)−60.11Shareholders’ equity88.20Debt to equity0.69Fiscal year 2025Cash1.14Total debt64.64Net cash (debt)−63.50Shareholders’ equity86.48Debt to equity0.75
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 2.60 1.34 1.14 1.12 1.79 1.94 0.42 2.85 1.04 1.14
Total debt 35.62 37.08 37.69 37.42 39.14 37.83 35.44 63.79 61.15 64.64
Net cash (debt) −33.03 −35.74 −36.55 −36.30 −37.35 −35.89 −35.03 −60.94 −60.11 −63.50
Shareholders’ equity 59.54 71.31 63.41 63.14 63.24 77.20 95.66 89.01 88.20 86.48
Debt to equity 0.60 0.52 0.59 0.59 0.62 0.49 0.37 0.72 0.69 0.75

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
15.8% 23.4% 8.8% 27.7% 16.9% 33.0% 37.8% 2.1% 12.6% 12.0%
13.7% 40.6% 27.3% 39.2% 22.0% 29.8% 34.2% 4.2% 12.6% 12.4%
27.2% 28.3% 33.9% 25.8% 29.2% 40.6% 28.4% 9.4% 15.5% 14.5%
Spending
28.1% 28.2% 30.9% 31.1% 27.8% 17.3% 14.9% 29.0% 23.2% 22.0%
3.5% 3.7% 4.9% 5.0% 5.3% 3.7% 3.5% 7.7% 4.6% 4.2%
13.4% −73.5% −7.4% 5.1% 5.3% 7.6% 9.6% −105.4% −0.3% −3.5%
Returns
12.1% 29.9% 17.6% 25.4% 14.5% 28.5% 32.8% 2.4% 9.1% 9.0%
4.2% 12.4% 7.0% 9.6% 5.9% 12.1% 15.9% 0.9% 3.8% 3.7%
Balance and payout
0.60 0.52 0.59 0.59 0.62 0.49 0.37 0.72 0.69 0.75
65.1% 58.3% 60.0% 62.1% 58.8% 57.3% 51.4% 60.6% 58.5% 58.3%
34.8% 33.7% 88.1% 84.1% 0.0% 0.0% 7.7% 0.0% 0.0% n/a