Pfizer (PFE) Free Cash Flow (2009 - 2026)
Pfizer (PFE) posted quarterly Free Cash Flow of $2.2 billion for Q1 2026, up 23.04% YoY from $1.8 billion in Q1 2025, and down 51.61% sequentially from $4.5 billion in Q4 2025.
Pfizer (PFE) Free Cash Flow (2009 - 2026) Analysis & Trends
Pfizer has disclosed Free Cash Flow across 18 years of filings, most recently posting $2.2 billion for Q1 2026.
- In Q1 2026, Free Cash Flow rose 23.04% year-over-year to $2.2 billion; the TTM figure through Mar 2026 stood at $9.5 billion (up 180.23% YoY), while the FY2025 annual figure was $9.1 billion, down 7.73% from the prior year.
- Free Cash Flow eased to $2.2 billion in Q1 2026, from $4.5 billion in the prior quarter.
- Over the last five years, Free Cash Flow for PFE reached as high as $18.5 billion in Q4 2022 and fell as low as -$2.4 billion in Q2 2024.
- The 5-year median for Free Cash Flow is $2.6 billion (2023), against an average of $3.3 billion.
- Annual changes were most pronounced in 2023 — Free Cash Flow tumbled 128.6% — and 2024, when it surged 428.77%.
- A 5-year view of Free Cash Flow shows it stood at $18.5 billion in 2022, then sank by 77.26% to $4.2 billion in 2023, then dropped by 3.93% to $4.0 billion in 2024, then climbed by 11.71% to $4.5 billion in 2025, then plunged by 51.61% to $2.2 billion in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $2.2 billion, $4.5 billion, and $4.0 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,066.16 Bn | 1,060.88 Bn | 16.22 Bn | 3.01 Bn |
| 2 | Johnson & Johnson | 611.69 Bn | 589.64 Bn | 15.96 Bn | 1.47 Bn |
| 3 | AbbVie | 444.34 Bn | 434.99 Bn | 10.78 Bn | 3.56 Bn |
| 4 | Astrazeneca | 284.94 Bn | 277.05 Bn | 12.61 Bn | 547.00 Mn |
| 5 | Merck | 224.23 Bn | 218.58 Bn | 12.09 Bn | 2.93 Bn |
| 6 | Amgen | 195.12 Bn | 183.08 Bn | 5.87 Bn | 1.48 Bn |
| 7 | Gilead Sciences | 156.45 Bn | 148.73 Bn | 5.52 Bn | 2.43 Bn |
| 8 | Pfizer | 136.01 Bn | 123.24 Bn | -1.21 Bn | 2.18 Bn |
| 9 | Novartis Ag | 113.45 Bn | 113.67 Bn | - | 346.00 Mn |
| 10 | Biogen | 30.87 Bn | 26.59 Bn | 1.82 Bn | 594.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 2.18 Bn |
| Mar 29, 2026 | 2.18 Bn |
| Dec 31, 2025 | 4.50 Bn |
| Dec 31, 2025 | 4.50 Bn |
| Sep 28, 2025 | 4.00 Bn |
| Sep 28, 2025 | 4.00 Bn |
| Jun 29, 2025 | -1.20 Bn |
| Jun 29, 2025 | -1.20 Bn |
| Mar 30, 2025 | 1.77 Bn |
| Mar 30, 2025 | 1.77 Bn |
| Sep 29, 2024 | 4.03 Bn |
| Sep 29, 2024 | 4.03 Bn |
| Jun 30, 2024 | -2.42 Bn |
| Jun 30, 2024 | -2.42 Bn |
| Mar 31, 2024 | 386.00 Mn |
| Mar 31, 2024 | 386.00 Mn |
| Dec 31, 2023 | 4.20 Bn |
| Dec 31, 2023 | 4.20 Bn |
| Jul 2, 2023 | -2.12 Bn |
| Jul 2, 2023 | -2.12 Bn |