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

29.31 0.14 −0.48%
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

Pfizer Inc. (PFE) Free cash flow margin

Alert me on Free cash flow margin

Pfizer Inc.'s free cash flow margin over the twelve months to 30 September 2026 was 18.5%, up 4.0 percentage points from fiscal 2025 (14.5%). Over the past ten years it has ranged from 8.05% (fiscal 2023) to 36.7% (fiscal 2021); the current reading is higher than 18% of that period. That is in line with the Drug Manufacturers General industry median of 18.5% and above the Healthcare sector median of 0.00%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 14.5% (0.96)
FY2024 15.5% 7.41
FY2023 8.05% (17.68)
FY2022 25.7% (11.01)
FY2021 36.7% 8.80
FY2020 27.9% 3.19
FY2019 24.8% (8.79)
FY2018 33.5% 5.78
FY2017 27.8% 0.89
FY2016 26.9% (0.13)

Against its own ten years

Low 8.05% High 36.7%
Ten-year median 26.9%
Current reading's percentile 18

Free cash flow margin against peers

Company Free cash flow margin
GILD Gilead Sciences, Inc. compare 44.5%
SNY Sanofi compare 40.3%
NVS Novartis AG compare 24.7%
AMGN Amgen Inc. compare 24.6%
GSK GSK PLC Sponsored ADR compare 19.7%
BMY Bristol Myers Squibb Company compare 18.6%
PFE Pfizer Inc. 18.5%
NVO Novo Nordisk A/S compare 14.8%
AZN AstraZeneca PLC compare 10.2%
Drug Manufacturers General industry median 18.5%
Healthcare sector median 0.00%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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