Pfizer (PFE) Tax Rate (2009 - 2026)
Pfizer (PFE) posted quarterly Tax Rate of 14.54% for Q1 2026, up 2133.0% YoY from 0.65% in Q1 2025, and up 11839.46% sequentially from 0.12% in Q4 2025.
Pfizer (PFE) Tax Rate (2009 - 2026) Analysis & Trends
Pfizer has disclosed Tax Rate across 18 years of filings, most recently posting 14.54% for Q1 2026.
- In Q1 2026, Tax Rate rose 2133.0% year-over-year to 14.54%; the TTM figure through Mar 2026 stood at 4.86% (up 297.0% YoY), while the FY2025 annual figure was 3.54%, down 319.0% from the prior year.
- Tax Rate improved to 14.54% in Q1 2026, from 0.12% in the prior quarter.
- Over the last five years, Tax Rate for PFE reached as high as 130.1% in Q2 2024 and fell as low as 6.79% in Q1 2025.
- The 5-year median for Tax Rate is 8.56% (2024), against an average of 15.75%.
- Annual changes were most pronounced in 2024 — Tax Rate jumped 13323 bps — and 2025, when it sank 12547 bps.
- A 5-year view of Tax Rate shows it stood at 3.96% in 2022, then soared by 378 bps to 18.89% in 2023, then plunged by 74 bps to 4.96% in 2024, then tumbled by 98 bps to 0.12% in 2025, then jumped by 11839 bps to 14.54% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 14.54%, 0.12%, and 6.48% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,066.16 Bn | 1,060.88 Bn | 16.22 Bn | 16.43% |
| 2 | Johnson & Johnson | 611.69 Bn | 589.64 Bn | 15.96 Bn | 12.60% |
| 3 | AbbVie | 444.34 Bn | 434.99 Bn | 10.78 Bn | 32.92% |
| 4 | Astrazeneca | 284.94 Bn | 277.05 Bn | 12.61 Bn | 78.72% |
| 5 | Merck | 224.23 Bn | 218.58 Bn | 12.09 Bn | -20.26% |
| 6 | Amgen | 195.12 Bn | 183.08 Bn | 5.87 Bn | 12.72% |
| 7 | Gilead Sciences | 156.45 Bn | 148.73 Bn | 5.52 Bn | 21.67% |
| 8 | Pfizer | 136.01 Bn | 123.24 Bn | -1.21 Bn | 14.54% |
| 9 | Novartis Ag | 113.45 Bn | 113.67 Bn | - | - |
| 10 | Biogen | 30.87 Bn | 26.59 Bn | 1.82 Bn | 15.41% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 14.54 |
| Mar 29, 2026 | 14.54 |
| Dec 31, 2025 | 0.12 |
| Dec 31, 2025 | 0.12 |
| Sep 28, 2025 | -6.48 |
| Sep 28, 2025 | -6.48 |
| Jun 29, 2025 | 4.63 |
| Jun 29, 2025 | 4.63 |
| Mar 30, 2025 | -6.79 |
| Mar 30, 2025 | -6.79 |
| Sep 29, 2024 | 4.96 |
| Sep 29, 2024 | 4.96 |
| Jun 30, 2024 | 130.10 |
| Jun 30, 2024 | 130.10 |
| Mar 31, 2024 | 8.56 |
| Mar 31, 2024 | 8.56 |
| Dec 31, 2023 | 18.89 |
| Dec 31, 2023 | 18.89 |
| Jul 2, 2023 | -3.13 |
| Jul 2, 2023 | -3.13 |