Pfizer (PFE) Tax Rate (2009 - 2026)
Pfizer (PFE) posted quarterly Tax Rate of 14.54% for Q1 2026, up 2133.0% year-over-year from 0.65% in Q1 2025, and up 11839.46% quarter-over-quarter from 0.12% in Q4 2025.
Pfizer (PFE) Tax Rate (2009 - 2026) Analysis & Trends
Pfizer (PFE) has reported Tax Rate for 18 consecutive years, with 14.54% the latest figure, recorded in 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 229.0% YoY), while the FY2025 annual figure was 3.54%, down 319.0% from the prior year.
- Tax Rate rose to 14.54% in Q1 2026 per PFE's latest filing, from 0.12% in the prior quarter.
- Across five years, Tax Rate topped out at 130.1% in Q2 2024 and bottomed at 6.79% in Q1 2025.
- Historically, Tax Rate has averaged 15.65% across 5 years, with a median of 8.56% in 2024.
- Annual changes were most pronounced in 2024 — Tax Rate jumped 13323 bps — and 2025, when it tumbled 12547 bps.
- Pfizer's Tax Rate stood at 13.72% in 2022, then surged by 38 bps to 18.89% in 2023, then tumbled by 74 bps to 4.89% in 2024, then slumped by 98 bps to 0.12% in 2025, then surged by 11839 bps to 14.54% in 2026.
- Business Quant data shows PFE's Tax Rate at 14.54% in Q1 2026, 0.12% in Q4 2025, and 6.48% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 645.88 Bn | 625.12 Bn | 17.26 Bn | 17.98% |
| 2 | AbbVie | 463.46 Bn | 456.89 Bn | 12.70 Bn | 15.47% |
| 3 | Merck | 367.92 Bn | 360.78 Bn | 12.21 Bn | -95.75% |
| 4 | Novartis Ag | 297.71 Bn | 290.02 Bn | 11.24 Bn | 23.71% |
| 5 | Astrazeneca | 255.55 Bn | 250.65 Bn | 12.86 Bn | 10.40% |
| 6 | Amgen | 234.52 Bn | 220.53 Bn | 7.24 Bn | 14.20% |
| 7 | Gilead Sciences | 178.22 Bn | 175.04 Bn | 6.22 Bn | -2.36% |
| 8 | Pfizer | 158.57 Bn | 146.88 Bn | 10.94 Bn | 62.33% |
| 9 | Gsk | 105.32 Bn | 101.15 Bn | 8.24 Bn | 56.21% |
| 10 | Sanofi | 54.20 Bn | 46.82 Bn | 10.79 Bn | -3.05% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | 62.33% |
| Jun 28, 2026 | 62.33% |
| Jun 28, 2026 | 62.33% |
| Mar 29, 2026 | 14.54% |
| Mar 29, 2026 | 14.54% |
| Mar 29, 2026 | 14.54% |
| Dec 31, 2025 | 0.12% |
| Dec 31, 2025 | 0.12% |
| Dec 31, 2025 | 0.12% |
| Sep 28, 2025 | -6.48% |
| Sep 28, 2025 | -6.48% |
| Sep 28, 2025 | -6.48% |
| Jun 29, 2025 | 4.63% |
| Jun 29, 2025 | 4.63% |
| Jun 29, 2025 | 4.63% |
| Mar 30, 2025 | -6.79% |
| Mar 30, 2025 | -6.79% |
| Mar 30, 2025 | -6.79% |
| Sep 29, 2024 | 4.89% |
| Sep 29, 2024 | 4.89% |