Pfizer (PFE) Free Cash Flow (2009 - 2025)
Pfizer (PFE) posted Free Cash Flow of $4.8 billion for Q3 2026, up 20.0% from $4 billion a year earlier.
Pfizer (PFE) Free Cash Flow (2009 - 2025) Analysis & Trends
For the trailing twelve months through Sep 27, 2026, Free Cash Flow at Pfizer was $11.79 billion, up 13.6% 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%).
- The Q3 2026 figure stands as the highest quarterly Free Cash Flow since Q4 2024.
- On a year-over-year basis, Free Cash Flow increased in four of the last six quarters, with growth averaging 64.0%.
- The strongest year-over-year quarter for Free Cash Flow in the past five years was Q1 2024, with growth of 428.8%; 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 $302 million (Q2 2026), $2.18 billion (Q1 2026) and $4.5 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Yr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 8.97 Bn |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | 19.70 Bn |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | 17.82 Bn |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 12.36 Bn |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | 17.60 Bn |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | 11.77 Bn |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 8.10 Bn |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | 9.46 Bn |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 9.08 Bn |
| 10 | Vertex Pharmaceuticals | 138.90 Bn | 106.64 Bn | 2.91 Bn | 3.19 Bn |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 9.08 Bn |
| Dec 31, 2024 | 9.84 Bn |
| Dec 31, 2023 | 4.79 Bn |
| Dec 31, 2022 | 26.03 Bn |
| Dec 31, 2021 | 30.21 Bn |
| Dec 31, 2020 | 12.18 Bn |
| Dec 31, 2019 | 10.54 Bn |
| Dec 31, 2018 | 13.84 Bn |
| Dec 31, 2017 | 14.85 Bn |
| Dec 31, 2016 | 14.37 Bn |
| Dec 31, 2015 | 13.29 Bn |
| Dec 31, 2014 | 15.89 Bn |
| Dec 31, 2013 | 16.48 Bn |
| Dec 31, 2012 | 15.42 Bn |
| Dec 31, 2011 | 18.58 Bn |
| Dec 31, 2010 | 9.94 Bn |
| Dec 31, 2009 | 15.38 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-annual&ticker=PFE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow-annual", "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-annual&ticker=PFE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();