“...pleasure and pain, they come and go and don't last... bear them patiently”
—Gita
Pathos InvestmentsEquity Research
Research  ›  Fact Sheets  ›  PFE

PFIZER INC

LISTEDNYSE
SYMBOLPFE
SIC2834
STATE OF INC.DE
FISCAL YEAR ENDSDecember 31
CIK78003

PHARMACEUTICAL PREPARATIONS · LARGE ACCELERATED FILER · 10 FISCAL YEARS OF SEC XBRL DATA, 2016–2025

REVENUES, NET INCOME AND FREE CASH FLOW BY FISCAL YEAR$ billions02550751001252016201720182019202020212022202320242025RevenuesNet incomeFree cash flowEARNINGS AND DIVIDENDS PER SHARE$ per share0.002.004.006.002016201720182019202020212022202320242025EPS dilutedDividends per share

Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.

CAPITALIZATION 12/31/25

($ millions)Amount%
Total debt64,63842.8
Stockholders' equity86,47657.2
Total capitalization151,114100.0

5,699,673,589 shares outstanding at 29 July 2026 (cover page of the 10-Q filed 4 August 2026).

LONG-TERM DEBT 12/31/25

($ millions)Amount
Long-term debt, noncurrent61,641
Current maturities2,997
Short-term borrowings / commercial paper0

CAPITAL STOCK 12/31/25

Common shares authorized12,000,000,000
Common shares issued9,621,000,000
Treasury shares3,935,000,000
Par or stated value per share ($)0.05
Outstanding at 7/29/265,699,673,589

DIVIDENDS DECLARED/PAID

Fiscal yearPer share $Payout %
20251.72126.5
20241.69119.9
20231.65445.9
20221.6129.4
20211.5740.8

HISTORY AND BUSINESS

HISTORY: Incorporated in Delaware.

BUSINESS: Classified by the SEC under Standard Industrial Classification 2834, Pharmaceutical Preparations. Large accelerated filer. Principal executive office: 66 Hudson Boulevard East, New York, NY 10001-2192. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.

CONSOLIDATED INCOME ACCOUNT, YEARS ENDED

($ millions)12/31/2512/31/2412/31/23
Revenues62,57963,62750,914
Cost of revenues16,06717,85124,954
Research and development10,43710,82210,679
Selling, general and administrative13,79414,73014,771
Depreciation and amortization6,5927,0136,290
Interest expense2,6713,0912,209
Income before income taxes7,5208,0231,058
Income taxes(266)(28)(1,115)
Net income7,7718,0312,119
Earned per share, diluted ($)1.361.410.37
Dividends per share ($)1.721.691.65

CONSOLIDATED BALANCE SHEET

($ millions)12/31/2512/31/24
Cash and equivalents1,1421,043
Receivables, net11,87411,463
Inventories10,65410,851
Total current assets42,89850,358
Property, plant and equipment, net19,31718,393
Goodwill71,26468,527
Total assets208,160213,396
Total current liabilities36,98442,995
Long-term debt61,64157,405
Total liabilities121,385124,899
Stockholders' equity86,47688,203
Total liabilities and equity208,160213,396

TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)

Fiscal year endedRevenuesOper. incomeNet incomeNet margin %EPS diluted $Div. per share $Oper. cash flowCapital expend.Free cash flowTotal assetsTotal liabilitiesTotal debtStockholders' equityROE %Debt / equity
12/31/2562,579–7,77112.41.361.7211,7042,6299,075208,160121,38564,63886,4769.00.75
12/31/2463,627–8,03112.61.411.6912,7442,9099,835213,396124,89963,60588,2039.10.72
12/31/2359,553–2,1193.60.371.658,7003,9074,793226,501137,21371,75789,0142.40.81
12/31/22101,175–31,37231.05.471.6129,2673,23626,031197,205101,28835,44495,66132.80.37
12/31/2181,288–21,97927.03.851.5732,5802,71129,869181,476104,01337,83177,20128.50.49
12/31/2041,651–9,15922.01.631.5314,4032,22612,177154,22990,7564,55663,23814.50.07
12/31/1940,905–16,02639.22.821.4612,5882,04610,542167,594104,14851,33263,14325.40.81
12/31/1840,825–11,15327.31.871.3815,8271,98413,843159,42295,66440,78563,40717.60.64
12/31/1752,546–21,30840.63.521.3016,8021,95614,846171,797100,14143,18471,30829.90.61
12/31/1652,824–7,21513.71.171.2216,1921,82314,369171,615111,77637,19859,54412.10.62

Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.

REGISTRANT:

PFIZER INC
CIK 78003 · EIN 13-5315170

PRINCIPAL OFFICE:

66 Hudson Boulevard East, New York, NY 10001-2192
Tel.: 2127332323

INCORPORATED:

Delaware

INDUSTRY (SEC SIC CODE):

2834 · Pharmaceutical Preparations

FILER STATUS:

Large accelerated filer

LATEST ANNUAL REPORT:

10-K for period ended 12/31/25, filed 26 February 2026

FORMER NAMES:

PFIZER INC

RECENT FILINGS (ANNUAL REPORT REFERENCES BELOW):

8/4/2610-Qperiod 6/28/26
8/4/268-Kperiod 8/4/26
6/18/268-Kperiod 6/18/26
6/18/268-Kperiod 6/18/26
5/5/2610-Qperiod 3/29/26
5/5/268-Kperiod 5/5/26
4/27/268-Kperiod 4/23/26
3/12/26DEF 14Aperiod 4/23/26

Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/26/26) · 10-K FY2024 (filed 2/27/25) · 10-K FY2023 (filed 2/22/24) · 10-K FY2022 (filed 2/23/23) · 10-K FY2021 (filed 2/24/22) · 10-K FY2020 (filed 2/25/21) · 10-K FY2019 (filed 2/27/20) · 10-K FY2018 (filed 2/28/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.

Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.

Data from SEC filings  ·  Educational only  ·  Not investment advice