Pfizer (PFE) Net Margin (2009 - 2026)
Pfizer (PFE) posted Net Margin of 19.55% for Q3 2026, down 1.71 percentage points from 21.26% a year earlier but up 21.20 percentage points from the prior quarter.
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Analysis
Pfizer (PFE) Net Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 27, 2026, Net Margin at Pfizer was 6.34%, down 9.31 percentage points year-over-year; for FY2025, it came in at 12.42%, down 0.20 percentage points from FY2024.
- Annual Net Margin shows a five-year change of -9.57 percentage points (FY2020 to FY2025).
- In prior years, Pfizer's Net Margin was 12.62% in FY2024 (+9.06 pp), 3.56% in FY2023 (-27.45 pp), 31.01% in FY2022 (+3.97 pp) and 27.04% in FY2021 (+5.05 pp).
- Quarterly Net Margin has run from a low of -23.12% in Q4 2023 to a high of 38.02% in Q3 2022 over five years.
- On a year-over-year basis, Net Margin has declined in each of the last five quarters, with an average year-over-year change of +0.47 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Net Margin in the past five years was Q3 2024, with a gain of 42.88 percentage points; the weakest was Q3 2023, with a drop of 55.68 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was -1.65% (Q2 2026), 18.59% (Q1 2026) and -9.39% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,264.65 Bn | 1,238.27 Bn | 20.46 Bn | 26.44% |
| 2 | Johnson & Johnson | 677.74 Bn | 597.60 Bn | 17.30 Bn | 0.83% |
| 3 | AbbVie | 517.10 Bn | 485.11 Bn | 13.12 Bn | 24.24% |
| 4 | Merck | 362.23 Bn | 325.17 Bn | 13.19 Bn | 28.01% |
| 5 | Novartis Ag | 315.90 Bn | 276.16 Bn | 11.24 Bn | 22.65% |
| 6 | Astrazeneca | 289.40 Bn | 266.24 Bn | 12.86 Bn | 16.30% |
| 7 | Amgen | 249.90 Bn | 201.56 Bn | 7.58 Bn | 37.28% |
| 8 | Gilead Sciences | 209.15 Bn | 184.26 Bn | 6.73 Bn | 29.27% |
| 9 | Pfizer | 165.88 Bn | 113.23 Bn | 12.56 Bn | 19.55% |
| 10 | Vertex Pharmaceuticals | 138.78 Bn | 110.77 Bn | 2.91 Bn | 19.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 19.55% |
| Jun 28, 2026 | -1.65% |
| Mar 29, 2026 | 18.59% |
| Dec 31, 2025 | -9.39% |
| Sep 28, 2025 | 21.26% |
| Jun 29, 2025 | 19.86% |
| Mar 30, 2025 | 21.63% |
| Dec 31, 2024 | 2.31% |
| Sep 29, 2024 | 25.22% |
| Jun 30, 2024 | 0.31% |
| Mar 31, 2024 | 20.94% |
| Dec 31, 2023 | -23.12% |
| Oct 1, 2023 | -17.66% |
| Jul 2, 2023 | 17.89% |
| Apr 2, 2023 | 29.98% |
| Dec 31, 2022 | 19.87% |
| Oct 2, 2022 | 38.02% |
| Jul 3, 2022 | 35.71% |
| Apr 3, 2022 | 30.65% |
| Dec 31, 2021 | 14.23% |
API Access
Pfizer Net Margin 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=net-margin&ticker=PFE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=PFE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();