Pfizer (PFE) Free Cash Flow (2009 - 2026)
Pfizer (PFE) posted Free Cash Flow of $302 million for Q2 2026, compared with -$1.2 billion a year earlier and down 86.1% from the prior quarter.
Pfizer (PFE) Free Cash Flow (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 28, 2026, Free Cash Flow at Pfizer was $10.99 billion, down 11.7% year-over-year; for FY2025, it was $9.08 billion, down 7.7% from FY2024.
- Annual Free Cash Flow shows a five-year compound annual growth rate of -5.7% (FY2020 to FY2025).
- In prior years, Pfizer's Free Cash Flow was $9.84 billion in FY2024 (+105.2%), $4.79 billion in FY2023 (-81.6%), $26.03 billion in FY2022 (-13.8%) and $30.21 billion in FY2021 (+148.1%).
- Quarterly Free Cash Flow has run from a low of -$2.42 billion in Q2 2024 to a high of $10.54 billion in Q3 2021 over five years.
- On a year-over-year basis, Free Cash Flow increased in three of the last five quarters, with growth averaging 72.7%.
- The strongest year-over-year quarter for Free Cash Flow in the past five years was Q3 2021, with growth of 565.7%; the weakest was Q1 2023, with a decline of 98.8%.
- According to Business Quant data, Free Cash Flow for the three prior quarters was $2.18 billion (Q1 2026), $4.5 billion (Q4 2025) and $4 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,122.91 Bn | 1,091.50 Bn | 19.71 Bn | 7.76 Bn |
| 2 | Johnson & Johnson | 615.09 Bn | 533.62 Bn | 17.26 Bn | 7.30 Bn |
| 3 | AbbVie | 504.75 Bn | 477.86 Bn | 12.70 Bn | 3.11 Bn |
| 4 | Merck | 360.18 Bn | 314.55 Bn | 12.21 Bn | 4.48 Bn |
| 5 | Novartis Ag | 292.05 Bn | 256.04 Bn | 11.24 Bn | 5.56 Bn |
| 6 | Astrazeneca | 256.09 Bn | 229.78 Bn | 12.86 Bn | 1.01 Bn |
| 7 | Amgen | 233.63 Bn | 189.02 Bn | 7.24 Bn | 3.49 Bn |
| 8 | Gilead Sciences | 194.49 Bn | 168.69 Bn | 6.22 Bn | 3.43 Bn |
| 9 | Pfizer | 168.35 Bn | 114.99 Bn | 10.94 Bn | 302.00 Mn |
| 10 | Vertex Pharmaceuticals | 126.70 Bn | 98.70 Bn | 2.84 Bn | 1.01 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 302.00 Mn |
| Mar 29, 2026 | 2.18 Bn |
| Dec 31, 2025 | 4.50 Bn |
| Sep 28, 2025 | 4.00 Bn |
| Jun 29, 2025 | -1.20 Bn |
| Mar 30, 2025 | 1.77 Bn |
| Dec 31, 2024 | 5.80 Bn |
| Sep 29, 2024 | 6.06 Bn |
| Jun 30, 2024 | -2.42 Bn |
| Mar 31, 2024 | 386.00 Mn |
| Dec 31, 2023 | 4.20 Bn |
| Oct 1, 2023 | 2.65 Bn |
| Jul 2, 2023 | -2.12 Bn |
| Apr 2, 2023 | 73.00 Mn |
| Dec 31, 2022 | 7.58 Bn |
| Oct 2, 2022 | 5.13 Bn |
| Jul 3, 2022 | 7.43 Bn |
| Apr 3, 2022 | 5.90 Bn |
| Dec 31, 2021 | 4.93 Bn |
| Oct 3, 2021 | 10.54 Bn |
Pfizer Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=PFE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "PFE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=PFE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();