Pfizer (PFE) Debt to Equity (2009 - 2026)
Pfizer (PFE) posted quarterly Debt to Equity of $0.72 for Q1 2026, up 4.39% YoY from $0.69 in Q1 2025, and down 4.53% sequentially from $0.75 in Q4 2025.
Pfizer (PFE) Debt to Equity (2009 - 2026) Analysis & Trends
Pfizer has disclosed Debt to Equity across 18 years of filings, most recently posting $0.72 for Q1 2026.
- In Q1 2026, Debt to Equity rose 4.39% year-over-year to $0.72; the TTM figure through Mar 2026 stood at $0.72 (up 4.39% YoY), while the FY2025 annual figure was $0.75, up 3.7% from the prior year.
- Debt to Equity eased to $0.72 in Q1 2026, from $0.75 in the prior quarter.
- Over the last five years, Debt to Equity for PFE reached as high as $0.81 in Q4 2023 and fell as low as $0.35 in Q2 2023.
- The 5-year median for Debt to Equity is $0.69 (2025), against an average of $0.63.
- Annual changes were most pronounced in 2022 — Debt to Equity slumped 64.38% — and 2023, when it soared 115.54%.
- A 5-year view of Debt to Equity shows it stood at $0.37 in 2022, then soared by 115.54% to $0.81 in 2023, then dropped by 10.25% to $0.72 in 2024, then advanced by 3.7% to $0.75 in 2025, then fell by 4.53% to $0.72 in 2026.
- According to Business Quant data, Debt to Equity over the past three periods registered $0.72, $0.75, and $0.66 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,066.16 Bn | 1,060.88 Bn | 16.22 Bn | 1.39 |
| 2 | Johnson & Johnson | 611.69 Bn | 589.64 Bn | 15.96 Bn | 0.68 |
| 3 | AbbVie | 444.34 Bn | 434.99 Bn | 10.78 Bn | -9.70 |
| 4 | Astrazeneca | 284.94 Bn | 277.05 Bn | 12.61 Bn | - |
| 5 | Merck | 224.23 Bn | 218.58 Bn | 12.09 Bn | 1.07 |
| 6 | Amgen | 195.12 Bn | 183.08 Bn | 5.87 Bn | 6.24 |
| 7 | Gilead Sciences | 156.45 Bn | 148.73 Bn | 5.52 Bn | 0.94 |
| 8 | Pfizer | 136.01 Bn | 123.24 Bn | -1.21 Bn | 0.72 |
| 9 | Novartis Ag | 113.45 Bn | 113.67 Bn | - | - |
| 10 | Biogen | 30.87 Bn | 26.59 Bn | 1.82 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 0.72 |
| Dec 31, 2025 | 0.75 |
| Sep 28, 2025 | 0.66 |
| Jun 29, 2025 | 0.69 |
| Mar 30, 2025 | 0.69 |
| Dec 31, 2024 | 0.72 |
| Sep 29, 2024 | 0.73 |
| Jun 30, 2024 | 0.79 |
| Mar 31, 2024 | 0.75 |
| Dec 31, 2023 | 0.81 |
| Jul 2, 2023 | 0.66 |
| Apr 2, 2023 | 0.35 |
| Dec 31, 2022 | 0.37 |
| Jul 3, 2022 | 0.46 |
| Apr 3, 2022 | 0.44 |
| Dec 31, 2021 | 0.49 |
| Oct 3, 2021 | 1.11 |
| Jul 4, 2021 | 0.56 |
| Apr 4, 2021 | 0.58 |
| Dec 31, 2020 | 0.63 |