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EBITDA for Pfizer (PFE)

According to Pfizer's latest reported financial statements, the company's current EBITDA (TTM) is $16.78B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

TTM (last 4 quarters)

$16.78B

YoY change

-16.7%

5Y CAGR

+2.8%

Peak year (2022)

$41.03B

Cumulative EBITDA

$509.46B

EBITDA history chart for Pfizer (PFE) from 1985 to 2025

EBITDA history table for Pfizer (PFE) from 1985 to 2025

Fiscal yearPeriod endedReportedEBITDAYoY
2025$15.10B-16.7%
2024$18.13B+89.7%
2023$9.56B-76.7%
2022$41.03B+33.2%
2021$30.79B+133.8%
2020$13.17B-30.2%
2019$18.85B-3.7%
2018$19.59B-1.3%
2017$19.84B+29.8%
2016$15.29B-0.2%
2015$15.32B-19.9%
2014$19.14B-18.7%
2013$23.54B+15.3%
2012$20.42B-8.0%
2011$22.19B+13.4%
2010$19.57B+16.3%
2009$16.82B+9.9%
2008$15.30B+2.9%
2007$14.88B-20.9%
2006$18.81B+11.6%
2005$16.85B-13.4%
2004$19.45B+35.1%
2003$14.39B+8.5%
2002$13.26B+14.4%
2001$11.59B+21.5%
2000$9.54B+21.2%
1999$7.87B+28.0%
1998$6.15B+75.6%
1997$3.50B+12.9%
1996$3.10B+5.7%
1995$2.93B+29.6%
1994$2.26B+93.3%
1993$1.17B-31.4%
1992$1.71B+14.0%
1991$1.50B+17.1%
1990$1.28B+8.8%
1989$1.18B-2.6%
1988$1.21B+9.4%
1987$1.10B-0.4%
1986$1.11B+9.6%
1985$1.01B

EBITDA values are taken from Pfizer's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

Analysis

The 2025 reading of Pfizer (PFE) EBITDA is $15.10B – declined 16.7% year-over-year.

Through 2020–2025 (5 years), Pfizer EBITDA delivered a +2.8% annualised rate; with the latest reading among the more recent periods of the dataset.

Pfizer EBITDA peaked at $41.03B in 2022; the latest annual figure is $15.10B in 2025 (63.2% below peak).

2022 marks the peak EBITDA at $41.03B, with the historical low of $1.01B recorded in 1985.

Among 8 Healthcare peers, Pfizer (PFE) ranks 9th; the peer median for EBITDA is $24.21B.

Pfizer EBITDA by Year

Pfizer EBITDA 2025: $15.10B

Pfizer EBITDA in 2025 was $15.10B, declined 16.7% below 2024.

Pfizer EBITDA 2024: $18.13B

Pfizer EBITDA in 2024 was $18.13B, surged 89.7% from 2023.

Pfizer EBITDA 2023: $9.56B

Pfizer EBITDA in 2023 was $9.56B, plunged 76.7% below 2022.

Pfizer EBITDA 2022: $41.03B

Pfizer EBITDA in 2022 was $41.03B, surged 33.2% from 2021. This figure represents the highest annual value in the available history.

Pfizer EBITDA 2021: $30.79B

Pfizer EBITDA in 2021 was $30.79B.

See more financial history for Pfizer (PFE).

Sector peers — EBITDA

Companies in the same sector as Pfizer, ranked by their latest EBITDA.

CompanyEBITDASector
Novo Nordisk A/S (NVO)$156.73BHealthcare
Johnson & Johnson (JNJ)$41.05BHealthcare
Eli Lilly and Company (LLY)$27.94BHealthcare
Merck & Co., Inc. (MRK)$25.36BHealthcare
UnitedHealth Group Incorporated (UNH)$23.06BHealthcare
AstraZeneca PLC (AZN)$19.83BHealthcare
AbbVie Inc. (ABBV)$17.63BHealthcare
Amgen Inc. (AMGN)$15.84BHealthcare

Frequently asked questions

What is Pfizer's EBITDA?

Latest reported EBITDA for Pfizer (PFE) is $16.78B (period ending December 31, 2025).

How has Pfizer EBITDA changed year-over-year?

Pfizer (PFE) EBITDA changed -16.7% year-over-year on the latest annual filing.

What is the long-term growth rate of Pfizer EBITDA?

Pfizer (PFE) EBITDA compound annual growth rate is +2.8% over the most recent 5 years available.

When did Pfizer EBITDA hit its highest annual value?

Pfizer EBITDA reached its highest annual value of $41.03B in 2022.

What was Pfizer EBITDA in 2024?

Pfizer (PFE) EBITDA in 2024 was $18.13B.

What was Pfizer EBITDA in 2025?

Pfizer (PFE) EBITDA in 2025 was $15.10B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.