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Pfizer Inc.

PFE Healthcare Drug Manufacturers General

Pfizer Inc.’s revenue for fiscal 2025 (year ended December 2025) was $62.6 billion, down 1.65% from fiscal 2024.

Revenue
−0.43%
EPS
−7.98%
Free cash flow
+20.0%
Total debt
+1.55%

Quarter to September 2026, against a year earlier

29.38 0.07 −0.24%
Market cap
$170.3B
P/E
42.2×
Fwd P/E
18.9×
Dividend yield
7.18%
F-score
6/9
Altman Z
2.03
Beneish M
−2.52
Dividend safety
28/100
Overview Business Profile Earnings & Analysis
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Pfizer Inc. (PFE) Debt to equity

Alert me on Debt to equity

Pfizer Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 0.7×, down 0.0× from fiscal 2025 (0.7×). Over the past ten years it has ranged from 0.4× (fiscal 2022) to 0.8× (fiscal 2019); the current reading is higher than 82% of that period. That is above the Drug Manufacturers General industry median of 0.6× and above the Healthcare sector median of 0.0×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.7× 2.68%
FY2024 0.7× (9.68%)
FY2023 0.8× 115.56%
FY2022 0.4× (24.73%)
FY2021 0.5× (20.94%)
FY2020 0.6× (23.64%)
FY2019 0.8× 25.54%
FY2018 0.7× 7.88%
FY2017 0.6× (13.71%)
FY2016 0.7× 17.51%

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.7× (5.06%)
Jun 2026 0.7× 3.67%
Mar 2026 0.7× (4.51%)
Dec 2025 0.7× 12.64%
43 more quarters

Against its own ten years

Low 0.4× High 0.8×
Ten-year median 0.7×
Current reading's percentile 82

Debt to equity against peers

Company Debt to equity
SNY Sanofi compare 0.2×
AZN AstraZeneca PLC compare 0.6×
NVO Novo Nordisk A/S compare 0.6×
PFE Pfizer Inc. 0.7×
NVS Novartis AG compare 1.2×
GSK GSK PLC Sponsored ADR compare 1.3×
BMY Bristol Myers Squibb Company compare 1.8×
GILD Gilead Sciences, Inc. compare 2.0×
AMGN Amgen Inc. compare 3.8×
Drug Manufacturers General industry median 0.6×
Healthcare sector median 0.0×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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