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
DateValue
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