Pfizer (PFE) Tax Rate (2009 - 2026)
Pfizer's Tax Rate was 62.33% in Q2 2026, up 57.70 percentage points from 4.63% a year earlier and up 47.79 percentage points from the prior quarter.
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Analysis
Pfizer (PFE) Tax Rate (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Pfizer's Tax Rate was -3.90% through Jun 28, 2026, down 1.67 percentage points year-over-year; for FY2025, it was -3.54%, down 3.19 percentage points from FY2024.
- Tax Rate shows a five-year change of -8.80 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was -0.35% in FY2024 (+105.04 pp), -105.39% in FY2023 (-114.97 pp), 9.58% in FY2022 (+1.96 pp) and 7.62% in FY2021 (+2.36 pp).
- The Q2 2026 figure marks the highest quarterly Tax Rate since Q4 2024.
- Compared with a year earlier, Tax Rate was higher in three of the last seven quarters, with an average year-over-year change of -13.20 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q4 2024 (a gain of 4190.75 percentage points); the worst was Q4 2025 (a drop of 4209.88 percentage points).
- Per Business Quant data, PFE's Tax Rate in the three quarters before Q2 2026 was 14.54% (Q1 2026), 0.12% (Q4 2025) and -6.48% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,146.94 Bn | 1,115.53 Bn | 19.71 Bn | 23.27% |
| 2 | Johnson & Johnson | 624.96 Bn | 543.49 Bn | 17.26 Bn | 17.98% |
| 3 | AbbVie | 510.15 Bn | 483.27 Bn | 12.70 Bn | 15.47% |
| 4 | Merck | 366.13 Bn | 320.51 Bn | 12.21 Bn | - |
| 5 | Novartis Ag | 297.75 Bn | 261.74 Bn | 11.24 Bn | 23.71% |
| 6 | Astrazeneca | 261.93 Bn | 235.62 Bn | 12.86 Bn | 10.40% |
| 7 | Amgen | 236.51 Bn | 191.91 Bn | 7.24 Bn | 14.20% |
| 8 | Gilead Sciences | 194.27 Bn | 168.47 Bn | 6.22 Bn | - |
| 9 | Pfizer | 171.74 Bn | 118.39 Bn | 10.94 Bn | - |
| 10 | Vertex Pharmaceuticals | 130.00 Bn | 102.01 Bn | 2.84 Bn | 20.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 29, 2026 | 14.54% |
| Jun 29, 2025 | 4.63% |
| Sep 29, 2024 | 4.96% |
| Mar 31, 2024 | 8.56% |
| Apr 2, 2023 | 11.40% |
| Dec 31, 2022 | 4.40% |
| Oct 2, 2022 | 3.96% |
| Jul 3, 2022 | 13.72% |
| Apr 3, 2022 | 12.95% |
| Dec 31, 2021 | 6.51% |
| Jul 4, 2021 | 16.16% |
| Apr 4, 2021 | 14.20% |
| Jun 28, 2020 | 13.95% |
| Mar 29, 2020 | 12.63% |
| Sep 29, 2019 | 28.40% |
| Mar 31, 2019 | 10.02% |
| Sep 30, 2018 | 1.58% |
| Jul 1, 2018 | 14.31% |
| Apr 1, 2018 | 13.47% |
| Oct 1, 2017 | 20.28% |
API Access
Pfizer Tax Rate 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=tax-rate&ticker=PFE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=PFE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();