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Saturday 17 October 2026 Export PFE’s income statement to Excel — free account

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
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Pfizer Inc. (PFE) Operating margin

Alert me on Operating margin

Pfizer Inc.'s operating margin over the twelve months to 30 June 2026 was 21.7%, down 1.1 percentage points from fiscal 2025 (22.8%). Over the past ten years it has ranged from 2.15% (fiscal 2023) to 35.4% (fiscal 2022); the current reading is higher than 55% of that period. That is above the Drug Manufacturers General industry median of 18.8% and above the Healthcare sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 22.8% 3.25
FY2024 19.5% 17.36
FY2023 2.15% (33.22)
FY2022 35.4% 11.46
FY2021 23.9% 4.10
FY2020 19.8% 3.41
FY2019 16.4% 2.51
FY2018 13.9% (12.22)
FY2017 26.1% 3.12
FY2016 23.0% (1.21)

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 20.4% (7.52)
Mar 2026 27.9% 11.54
Dec 2025 16.4% (6.76)
Sep 2025 23.1% (2.70)
42 more quarters

Against its own ten years

Low 2.15% High 35.4%
Ten-year median 22.8%
Current reading's percentile 43

Operating margin against peers

Company Operating margin
NVO Novo Nordisk A/S compare 43.4%
NVS Novartis AG compare 30.2%
AMGN Amgen Inc. compare 30.0%
BMY Bristol Myers Squibb Company compare 24.2%
AZN AstraZeneca PLC compare 22.8%
PFE Pfizer Inc. 21.7%
GSK GSK PLC Sponsored ADR compare 19.6%
SNY Sanofi compare 18.2%
GILD Gilead Sciences, Inc. compare −8.20%
Drug Manufacturers General industry median 18.8%
Healthcare sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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