Pfizer (PFE) Net Margin (2009 - 2026)
Pfizer (PFE) posted Net Margin of -1.65% for Q2 2026, down 21.51 percentage points from 19.86% a year earlier and down 20.24 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 Jun 28, 2026, Net Margin at Pfizer was 6.80%, down 10.04 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 35.71% in Q2 2022 over five years.
- On a year-over-year basis, Net Margin has declined in each of the last four quarters, with an average year-over-year change of +0.78 percentage points over the last seven quarters.
- The strongest year-over-year quarter for Net Margin in the past five years was Q4 2024, with a gain of 25.43 percentage points; the weakest was Q2 2026, with a drop of 21.51 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 18.59% (Q1 2026), -9.39% (Q4 2025) and 21.26% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 645.01 Bn | 563.54 Bn | 17.26 Bn | 21.86% |
| 2 | AbbVie | 465.23 Bn | 438.39 Bn | 12.70 Bn | 21.27% |
| 3 | Merck | 368.40 Bn | 322.83 Bn | 12.21 Bn | -8.04% |
| 4 | Novartis Ag | 278.02 Bn | 233.89 Bn | 11.24 Bn | 22.61% |
| 5 | Astrazeneca | 254.57 Bn | 228.13 Bn | 12.86 Bn | 18.81% |
| 6 | Amgen | 229.02 Bn | 184.42 Bn | 7.24 Bn | 23.62% |
| 7 | Gilead Sciences | 187.74 Bn | 161.85 Bn | 6.22 Bn | -134.51% |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | -1.65% |
| 9 | Vertex Pharmaceuticals | 133.45 Bn | 105.45 Bn | 2.84 Bn | 32.99% |
| 10 | Bristol Myers Squibb | 128.45 Bn | 79.72 Bn | 9.25 Bn | 25.57% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Jul 2, 2023 | 17.89% |
| Apr 2, 2023 | 29.98% |
| Jul 3, 2022 | 35.71% |
| Apr 3, 2022 | 30.65% |
| Oct 3, 2021 | 33.89% |
| Jul 4, 2021 | 29.44% |
| Apr 4, 2021 | 33.60% |
| Dec 31, 2020 | 7.40% |
| Sep 27, 2020 | 14.29% |
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();