Pfizer PFE
NYSE PFE
$27.78 -0.01 (-0.02%)
At close: Sep 9, 2026 · 4:00 PM EDT

Pfizer (PFE) Tax Rate (2009 - 2026)

Pfizer's (PFE) quarterly Tax Rate came in at 62.33% in Q2 2026, up 5770.0% year-over-year from 1.06% in Q2 2025, and up 328.59% quarter-over-quarter from 14.54% in Q1 2026.

Analysis

Pfizer (PFE) Tax Rate (2009 - 2026) Analysis & Trends

Pfizer (PFE) has reported Tax Rate for 18 consecutive years, with 62.33% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Tax Rate rose 5770.0% year-over-year to 62.33% in Q2 2026; TTM through Jun 2026 was 3.9%, a 543.0% decrease from a year earlier, with the FY2025 full-year figure at 3.54%, down 319.0% from the prior year.
  • Tax Rate was 62.33% for Q2 2026 at Pfizer, up from 14.54% in the prior quarter.
  • Over five years, Tax Rate peaked at 130.1% in Q2 2024 and troughed at 6.79% in Q1 2025.
  • A 5-year average of 19.01% and a median of 9.98% in 2024 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate soared 13323 bps in 2024 and plunged 12547 bps in 2025, its largest moves.
  • Over 5 years, Tax Rate stood at 13.72% in 2022, then surged by 40 bps to 19.25% in 2023, then tumbled by 75 bps to 4.89% in 2024, then slumped by 98 bps to 0.12% in 2025, then surged by 51071 bps to 62.33% in 2026.
  • The last three Tax Rate figures came in at 62.33% (Q2 2026), 14.54% (Q1 2026), and 0.12% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Johnson & Johnson 643.26 Bn 622.50 Bn 17.26 Bn 17.98%
2 AbbVie 443.31 Bn 436.74 Bn 12.70 Bn 15.47%
3 Merck 364.74 Bn 357.60 Bn 12.21 Bn -95.75%
4 Novartis Ag 266.46 Bn 258.77 Bn 11.24 Bn -23.71%
5 Pfizer 158.57 Bn 146.88 Bn 10.94 Bn 62.33%
6 Sanofi 52.33 Bn 44.95 Bn 10.79 Bn -31.96%
7 Revolution Medicines 43.79 Bn 43.79 Bn - -
8 Incyte 25.23 Bn 20.69 Bn 1.57 Bn 22.08%
9 United Therapeutics 21.67 Bn 19.01 Bn 683.80 Mn 10.65%
10 Neurocrine Biosciences 15.65 Bn 15.26 Bn 935.80 Mn 10.97%
Historic Data

Historic Data

Download Data
DateValue
Jun 28, 2026 62.33%
Mar 29, 2026 14.54%
Dec 31, 2025 0.12%
Sep 28, 2025 -6.48%
Jun 29, 2025 4.63%
Mar 30, 2025 -6.79%
Sep 29, 2024 4.89%
Jun 30, 2024 130.10%
Mar 31, 2024 8.56%
Dec 31, 2023 19.25%
Jul 2, 2023 -3.13%
Apr 2, 2023 11.40%
Jul 3, 2022 13.72%
Apr 3, 2022 12.95%
Oct 3, 2021 7.83%
Jul 4, 2021 16.16%
Apr 4, 2021 14.20%
Sep 27, 2020 6.74%
Jun 28, 2020 13.95%
Mar 29, 2020 12.63%