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. In the quarter to June 2026, revenue grew 2.60%, EPS fell 107.8%, free cash flow grew 125.2% and total debt rose 2.26%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years; insiders bought in the last twelve months.

29.58 0.14 +0.48%
Market cap
$167.8B
P/E
38.9×
Fwd P/E
12.2×
Dividend yield
5.81%
F-score
6/9
Altman Z
2.03
Beneish M
−2.52
Dividend safety
28/100

Pfizer Inc. (PFE) Gross margin

Alert me on Gross margin

Pfizer Inc.'s gross margin over the twelve months to 30 June 2026 was 73.2%, down 1.1 percentage points from fiscal 2025 (74.3%). Over the past ten years it has ranged from 58.1% (fiscal 2023) to 80.3% (fiscal 2019); the current reading is higher than 45% of that period. That is in line with the Drug Manufacturers General industry median of 72.8% and above the Healthcare sector median of 53.5%.

Gross margin, annual

Embed this chart

Annual newest first

Period Gross margin Change (points)
FY2025 74.3% 2.39
FY2024 71.9% 13.84
FY2023 58.1% (7.95)
FY2022 66.1% 3.97
FY2021 62.1% (17.55)
FY2020 79.6% (0.68)
FY2019 80.3% 2.32
FY2018 78.0% (0.64)
FY2017 78.6% 1.96
FY2016 76.7% (3.58)

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 72.8% (2.67)
Mar 2026 75.5% 5.48
Dec 2025 70.0% (4.98)
Sep 2025 75.0% 0.73
42 more quarters

Against its own ten years

Low 58.1% High 80.3%
Ten-year median 76.7%
Current reading's percentile 43

Gross margin against peers

Company Gross margin
AZN AstraZeneca PLC compare 81.9%
NVO Novo Nordisk A/S compare 80.7%
GILD Gilead Sciences, Inc. compare 79.6%
NVS Novartis AG compare 74.7%
PFE Pfizer Inc. 73.2%
SNY Sanofi compare 72.8%
GSK GSK PLC Sponsored ADR compare 72.8%
BMY Bristol Myers Squibb Company compare 70.2%
AMGN Amgen Inc. compare 69.5%
Drug Manufacturers General industry median 72.8%
Healthcare sector median 53.5%
Market median 46.2%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

More on PFE