PFIZER INC

10-K & 10-Q Filings

Pfizer Inc. is a global biopharmaceutical company that discovers, develops, manufactures, markets, and sells biopharmaceutical products worldwide. The company's mission is to extend and significantly improve people's lives through science. Most of Pfizer's revenues come from the sale of biopharmaceutical products, and the company also sells products for disease detection and provides R&D services to innovative biotech companies. Pfizer's business strategy includes advancing its own product pipeline, maximizing the value of its existing products, and pursuing business development activities to strengthen its business and capabilities. In December 2023, Pfizer completed the acquisition of Seagen, a biotechnology company that specializes in transformative cancer medicines. Pfizer's website is www.pfizer.com, and its ticker symbol is PFE.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 2023CAGR %YoY %Revenue (+)
$67425.00
58986.00
51584.00
49605.00
48851.00
52824.00
52546.00
53647.00
51750.00
41908.00
81288.00
100330.00
58496.00
-1.18%-41.70%Cost of Revenue (-)
$15085.00
11334.00
9586.00
9577.00
9648.00
12329.00
11240.00
11248.00
10219.00
8692.00
30821.00
34344.00
24954.00
4.28%-27.34%Gross Profit (+)
$52340.00
47652.00
41998.00
40028.00
39203.00
40495.00
41306.00
42399.00
41531.00
33216.00
50467.00
65986.00
33542.00
-3.64%-49.17%Selling, General & Administrative (-)
$19468.00
16616.00
14355.00
14097.00
14809.00
14837.00
14784.00
14455.00
14350.00
11615.00
12703.00
13677.00
14771.00
-2.27%8.00%Research & Development (-)
$9112.00
7870.00
6678.00
8393.00
7690.00
7872.00
7657.00
8006.00
8650.00
9405.00
13829.00
12381.00
10873.00
1.48%-12.18%Depreciation & Amortization (-)
$5585.00
5175.00
4599.00
4039.00
3728.00
4056.00
4758.00
4893.00
4610.00
3436.00
3700.00
3609.00
4733.00
-1.37%31.14%Operating Expenses (-)
$36644.00
33692.00
25100.00
26529.00
26227.00
26765.00
27199.00
27354.00
27610.00
24456.00
30232.00
29667.00
30377.00
-1.55%2.39%Costs & Expenses (Total) (-)
$54663.00
46906.00
35868.00
36356.00
37027.00
40818.00
38926.00
39646.00
30490.00
33742.00
30821.00
65386.00
58274.00
0.53%-10.88%Operating Income/Loss (+)
$12762.00
12080.00
15716.00
13249.00
11825.00
12006.00
13620.00
14001.00
21260.00
8166.00
19433.00
34946.00
223.00
-28.63%-99.36%Non-operating Income/Expense (+)
$
-1009.00
-2860.00
-3655.00
-1315.00
-2116.00
-3578.00
-669.00
4878.00
-217.00
835.00
484.79%Earnings before Tax (+)
$12762.00
12080.00
15716.00
12240.00
8965.00
8351.00
12305.00
11885.00
17682.00
7497.00
24311.00
34729.00
1058.00
-18.74%-96.95%Tax Expense (-)
$4023.00
2562.00
4306.00
3120.00
1990.00
1123.00
-9049.00
706.00
1384.00
477.00
1852.00
3328.00
-1115.00
-133.50%Income/Loss (Continuing Operations) (+)
$8739.00
9518.00
11410.00
9119.00
6975.00
7229.00
21353.00
11179.00
16298.00
7021.00
22459.00
31401.00
2172.00
-10.95%-93.08%Income/Loss (Discontinued Operations) (+)
$1312.00
5080.00
10662.00
48.00
11.00
17.00
2.00
10.00
4.00
2631.00
-434.00
6.00
-15.00
-350.00%Profit/Loss (+)
$10051.00
14598.00
22072.00
9168.00
6986.00
7246.00
21355.00
11188.00
16302.00
9652.00
22025.00
31407.00
2158.00
-12.03%-93.13%Net Income/Loss (NCI) (-)
$42.00
28.00
69.00
32.00
26.00
31.00
47.00
36.00
29.00
36.00
45.00
35.00
39.00
-0.62%11.43%Net Income/Loss (+)
$10009.00
14570.00
22003.00
9135.00
6960.00
7215.00
21308.00
11153.00
16273.00
9616.00
21979.00
31372.00
2119.00
-12.14%-93.25%Net Income/Loss (Common) (+)
$10009.00
14570.00
22003.00
9135.00
6960.00
7215.00
21308.00
11153.00
16273.00
9616.00
21979.00
31372.00
2119.00
-12.14%-93.25%EPS (Basic)
$1.28
1.96
3.23
1.44
1.13
1.18
3.57
1.90
2.92
1.73
3.92
5.59
0.38
-9.63%-93.20%EPS (Diluted)
$1.27
1.94
3.19
1.42
1.11
1.17
3.52
1.87
2.87
1.71
3.85
5.47
0.37
-9.77%-93.24%Weighted Avg Shares (Basic)
7817.00
7442.00
6813.00
6346.00
6176.00
6089.00
5970.00
5872.00
5569.00
5555.00
5601.00
5608.00
5643.00
-2.68%0.62%Weighted Avg Shares (Diluted)
7870.00
7508.00
6895.00
6424.00
6257.00
6159.00
6058.00
5977.00
5675.00
5632.00
5708.00
5733.00
5709.00
-2.64%-0.42%Cash
$3539.00
10389.00
2183.00
3343.00
3641.00
2595.00
1342.00
1139.00
1305.00
1784.00
1944.00
416.00
2853.00
-1.78%585.82%Short-term Investments
$23219.00
22319.00
30225.00
32779.00
19649.00
15255.00
18650.00
17694.00
8525.00
10437.00
29125.00
22316.00
9837.00
-6.91%-55.92%Receivables
$13659.00
12378.00
9357.00
8669.00
8176.00
8225.00
8221.00
8025.00
8724.00
7930.00
11479.00
10952.00
11177.00
-1.66%2.05%Inventory
$7769.00
7063.00
6166.00
5663.00
7513.00
6783.00
7578.00
7508.00
8283.00
8046.00
9059.00
8981.00
10189.00
2.29%13.45%Other Assets (Current)
$9542.00
9196.00
8237.00
7248.00
4825.00
6091.00
5351.00
15560.00
5965.00
6870.00
8086.00
8594.00
9277.00
-0.23%7.95%Assets (Current)
$57728.00
61415.00
56244.00
57702.00
43804.00
38949.00
41141.00
49926.00
32803.00
35067.00
59693.00
51259.00
43333.00
-2.36%-15.46%Securities & Long-term Investments
$
17518.00
15999.00
7116.00
7015.00
2767.00
20147.00
20262.00
21526.00
15069.00
15368.00
1.98%Property, Plant & Equipment (Net)
$16938.00
14461.00
12397.00
11762.00
13766.00
13318.00
13865.00
13385.00
13967.00
13900.00
14882.00
16274.00
18940.00
0.94%16.38%Goodwill & Intangibles
$98900.00
90685.00
81904.00
77235.00
88598.00
107097.00
104693.00
88622.00
94023.00
78048.00
74354.00
94745.00
132683.00
2.48%40.04%Other Assets
$14436.00
19237.00
21556.00
5057.00
5293.00
5135.00
5082.00
4723.00
6549.00
6952.00
11020.00
19856.00
16177.00
0.95%-18.53%Assets (Non-current)
$130274.00
124383.00
115857.00
111572.00
123656.00
132666.00
130655.00
109497.00
134686.00
119162.00
121782.00
145944.00
183168.00
2.88%25.51%Assets (Total)
$188002.00
185798.00
172101.00
169274.00
167460.00
171615.00
172000.00
159000.00
167489.00
154229.00
181476.00
197205.00
226501.00
1.56%14.86%Accounts Payable
$8814.00
9054.00
7367.00
7466.00
8249.00
9404.00
4656.00
10383.00
10024.00
10578.00
12425.00
14106.00
14207.00
4.06%0.72%Debt (Current)
$4018.00
6424.00
6027.00
5141.00
10160.00
10688.00
9953.00
8831.00
16195.00
2703.00
2241.00
2945.00
10350.00
8.20%251.44%Other Liabilities (Current)
$15237.00
13141.00
9972.00
9024.00
10990.00
11023.00
15818.00
12644.00
11083.00
12640.00
28006.00
25088.00
23237.00
3.58%-7.38%Liabilities (Current)
$28069.00
28619.00
23366.00
21631.00
29399.00
31115.00
30427.00
31858.00
37304.00
25920.00
42671.00
42138.00
47794.00
4.54%13.42%Debt (Non-current)
$34931.00
31541.00
28818.00
31398.00
33538.00
32909.00
35955.00
37133.00
36195.00
32884.00
61538.00
4.83%87.14%Other Liabilities
$42381.00
75501.00
72115.00
44481.00
44245.00
49262.00
36176.00
30897.00
30783.00
27703.00
25147.00
26265.00
27880.00
-3.43%6.15%Liabilities (Non-current)
$77312.00
75501.00
72115.00
76022.00
73063.00
80660.00
69714.00
63806.00
66738.00
64836.00
61342.00
59149.00
89418.00
1.22%51.17%Liabilities (Total)
$105381.00
104120.00
95481.00
97652.00
102463.00
111776.00
100141.00
95664.00
104042.00
90756.00
104013.00
101288.00
137213.00
2.22%35.47%Treasury Stock
$31801.00
40121.00
67923.00
73021.00
79252.00
84364.00
89425.00
101610.00
110801.00
110988.00
111361.00
113969.00
114487.00
11.27%0.45%Retained Earnings
$46210.00
54240.00
69732.00
72176.00
71993.00
71774.00
85291.00
89554.00
97670.00
96770.00
103394.00
125656.00
118353.00
8.15%-5.81%AOCI
$-4129.00
-5953.00
-3271.00
-7316.00
-9522.00
-11036.00
-9321.00
-11275.00
-11640.00
-11688.00
-5897.00
-8304.00
-7961.00
4.13%Shareholder's Equity
$82621.00
81678.00
76620.00
71622.00
64998.00
59840.00
71656.00
63758.00
63447.00
63473.00
77462.00
95916.00
89288.00
0.65%-6.91%Liabilities & Equity
$188002.00
185798.00
172101.00
169274.00
167460.00
171615.00
171797.00
159422.00
167489.00
154229.00
181476.00
197205.00
226501.00
1.56%14.86%Net Income/Loss
$10051.00
14598.00
22072.00
9168.00
6986.00
7246.00
21355.00
11188.00
16302.00
9652.00
22025.00
31407.00
2158.00
-12.03%-93.13%Depreciation & Amortization
$9026.00
7611.00
6410.00
5537.00
5157.00
5757.00
6269.00
6384.00
6010.00
4777.00
5191.00
5064.00
6290.00
-2.96%24.21%Increase/Decrease in Working Capital
$-2729.00
1942.00
3392.00
-1423.00
-564.00
-85.00
-1296.00
926.00
4031.00
275.00
-12804.00
4456.00
2172.00
-51.26%Share-based Compensation
$419.00
481.00
523.00
586.00
669.00
691.00
840.00
949.00
718.00
756.00
1182.00
872.00
525.00
1.90%-39.79%Adjustments to Reconcile Net Income
$10189.00
2456.00
-4307.00
7714.00
7526.00
8655.00
-4887.00
4640.00
-3714.00
4751.00
10464.00
-2134.00
6529.00
-3.64%405.95%Net Cash (Operating)
$20240.00
17054.00
17765.00
16883.00
14512.00
15901.00
16470.00
15827.00
12588.00
14403.00
32580.00
29267.00
8700.00
-6.79%-70.27%Capital Expenditure
$2566.00
-9473.00
1480.00
1778.00
17962.00
20367.00
3217.00
2196.00
13455.00
2791.00
2711.00
26233.00
47337.00
27.50%80.45%Net Cash (Investing)
$2200.00
6154.00
-10625.00
-5654.00
-2980.00
-7811.00
-4741.00
4525.00
-3945.00
-4271.00
-22546.00
-15783.00
-32278.00
-104.51%Increase/Decrease in Debt
$-1715.00
-1722.00
6036.00
549.00
1306.00
2573.00
-1005.00
-935.00
8764.00
-12755.00
-1103.00
-3516.00
35945.00
1122.33%Increase/Decrease in Equity
$-9000.00
-8228.00
-16290.00
-5000.00
-6160.00
-5000.00
-4138.00
-10939.00
-8471.00
425.00
-2000.00
Interest Expenses
$2085.00
1873.00
1729.00
1550.00
1302.00
1451.00
1518.00
1311.00
1587.00
1641.00
1467.00
1442.00
2215.00
0.51%53.61%Dividends Paid
$6234.00
6534.00
6580.00
6609.00
6940.00
7317.00
7659.00
7978.00
8043.00
8440.00
8729.00
8983.00
9247.00
3.34%2.94%Net Cash (Financing)
$-20607.00
-15999.00
-14975.00
-9986.00
-10233.00
-8921.00
-13035.00
-20441.00
-8485.00
-9649.00
-9816.00
-14834.00
26066.00
275.72%Cash Taxes Paid
$2938.00
2430.00
2874.00
2100.00
2383.00
2521.00
2489.00
3655.00
3664.00
3153.00
7427.00
7867.00
3147.00
0.57%-60.00%Effect of Exchange Rate
$-29.00
-2.00
-63.00
-83.00
-1000.00
-215.00
53.00
-116.00
-32.00
-8.00
-59.00
-165.00
-40.00
75.76%Increase/Decrease in Cash
$1804.00
7207.00
-7898.00
1160.00
298.00
-1046.00
-1254.00
-205.00
125.00
475.00
159.00
-1515.00
2448.00
2.58%261.58%Cash (Beginning)
$1735.00
3182.00
10081.00
2183.00
3343.00
3641.00
2595.00
1431.00
1225.00
1350.00
1825.00
1983.00
468.00
-10.34%-76.40%Cash (Ending)
$3539.00
10389.00
2183.00
3343.00
3641.00
2595.00
1342.00
1225.00
1350.00
1825.00
1983.00
468.00
2917.00
-1.60%523.29%NOPAT
$9824.00
14510.00
18590.00
10975.89
8681.78
8381.63
23636.04
9695.27
16854.58
11600.36
13496.23
27029.84
458.01
-22.55%-98.31%Gross Margin %
77.63%
80.79%
81.42%
80.69%
80.25%
76.66%
78.61%
79.03%
80.25%
79.26%
62.08%
65.77%
57.34%
Operating Margin %
18.93%
20.48%
30.47%
26.71%
24.21%
22.73%
25.92%
26.10%
41.08%
19.49%
23.91%
34.83%
0.38%
NOPAT Margin %
14.57%
24.60%
36.04%
22.13%
17.77%
15.87%
44.98%
18.07%
32.57%
27.68%
16.60%
26.94%
0.78%
Net Margin %
14.84%
24.70%
42.65%
18.42%
14.25%
13.66%
40.55%
20.79%
31.45%
22.95%
27.04%
31.27%
3.62%
Tax Rate %
23.02%
-20.12%
-18.29%
17.16%
26.58%
30.19%
-73.54%
30.75%
20.72%
-42.06%
30.55%
22.65%
-105.39%
ROA
5.23%
7.81%
10.80%
6.48%
5.18%
4.88%
13.74%
6.10%
10.06%
7.52%
7.44%
13.71%
0.20%
ROE
11.89%
17.76%
24.26%
15.32%
13.36%
14.01%
32.99%
15.21%
26.56%
18.28%
17.42%
28.18%
0.51%
ROIC
7.90%
12.63%
18.65%
11.59%
8.04%
6.81%
19.20%
9.51%
15.22%
12.50%
15.82%
25.81%
0.31%
Asset Turnover
0.36
0.32
0.30
0.29
0.29
0.31
0.31
0.34
0.31
0.27
0.45
0.51
0.26
Inventory Turnover
1.94
1.60
1.55
1.69
1.28
1.82
1.48
1.50
1.23
1.08
3.40
3.82
2.45
Equity Multiplier
2.28
2.27
2.25
2.36
2.58
2.87
2.40
2.49
2.64
2.43
2.34
2.06
2.54
Current Ratio
2.06
2.14
2.40
2.67
1.49
1.25
1.35
1.57
0.88
1.35
1.40
1.22
0.91
Quick Ratio
1.44
1.58
1.79
2.07
1.07
0.84
0.93
0.84
0.50
0.78
1.00
0.80
0.50
Debt/Equity Ratio
0.47
0.08
0.08
0.51
0.60
0.70
0.61
0.65
0.82
0.63
0.50
0.37
0.81
Interest Coverage Ratio
6.12
6.45
9.09
8.55
9.08
8.27
8.97
10.68
13.40
4.98
13.25
24.23
0.10
Working Capital/Sales
0.13
0.16
0.10
0.11
0.11
0.05
0.09
-0.00
0.05
0.02
-0.05
-0.06
-0.03
R&D/Sales
0.14
0.13
0.13
0.17
0.16
0.15
0.15
0.15
0.17
0.22
0.17
0.12
0.19
Dividend Payout Ratio %
63.46%
45.03%
35.40%
60.21%
79.94%
87.30%
32.40%
82.29%
47.72%
72.76%
64.68%
33.23%
2018.93%
Total Payout
$19034.00
18357.00
18563.00
12610.00
13096.00
11195.00
14320.00
21163.00
9337.00
22411.00
11299.00
15941.00
-24483.00
-253.59%Payout Ratio %
193.75%
126.51%
99.85%
114.89%
150.84%
133.57%
60.59%
218.28%
55.40%
193.19%
83.72%
58.98%
-5345.47%