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
DateValue
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