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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |