Ticker League

TTM

11.8%

YoY change

−0.19pp

Trough year (2023)

3.6%

Peak year (2017)

40.5%

Net Profit Margin history chart for Pfizer (PFE) from 1985 to 2025

Latest: 12.4%

Net Profit Margin change chart for Pfizer (PFE) from 1985 to 2025

Latest: −0.19pp

Net Profit Margin history table for Pfizer (PFE) from 1985 to 2025

  • 202512.4%-0.19pp
  • 202412.6%+9.02pp
  • 20233.6%-27.68pp
  • 202231.3%+4.02pp
  • 202127.2%+5.26pp
  • 202022.0%-17.53pp
  • 201939.5%+18.73pp
  • 201820.8%-19.76pp
  • 201740.5%+26.89pp
  • 201613.7%-0.60pp
  • 201514.3%-4.04pp
  • 201418.3%-4.28pp
  • 201322.6%+4.68pp
  • 201217.9%+3.64pp
  • 201114.3%+1.93pp
  • 201012.3%-4.94pp
  • 200917.3%+0.65pp
  • 200816.6%-0.34pp
  • 200717.0%-5.84pp
  • 200622.8%+6.74pp
  • 200516.1%-5.53pp
  • 200421.6%+12.93pp
  • 20038.7%-19.54pp
  • 200228.2%+4.05pp
  • 200124.1%+11.54pp
  • 200012.6%-7.02pp
  • 199919.6%-5.12pp
  • 199824.7%+7.04pp
  • 199717.7%+0.64pp
  • 199617.1%+1.37pp
  • 199515.7%+0.02pp
  • 199415.7%+6.89pp
  • 19938.8%-2.42pp
  • 199211.2%+0.83pp
  • 199110.4%-2.12pp
  • 199012.5%+0.50pp
  • 198912.0%-2.68pp
  • 198814.7%+0.66pp
  • 198714.0%-0.72pp
  • 198614.7%+0.34pp
  • 198514.4%

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

About Net Profit Margin at Pfizer (PFE)

According to Pfizer's latest reported financial statements, the company's latest reported net margin is 11.8%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

Pfizer (PFE) most recent annual net margin stands at 12.42% (2025) – contracted 0.2 percentage points year-over-year.

40.55% stands as the all-time-high annual net margin, posted in 2017, against a low of 3.58% during 2023.

Pfizer Net Profit Margin by Year

Pfizer Net Profit Margin 2025: 12.4%

2025's net margin for Pfizer came in at 12.42%, contracted 0.2 percentage points from 2024.

Pfizer Net Profit Margin 2024: 12.6%

Pfizer posted net margin of 12.60% in 2024, expanded 9.0 percentage points from 2023.

Pfizer Net Profit Margin 2023: 3.6%

In 2023, Pfizer reported net margin of 3.58%, contracted 27.7 percentage points from 2022. This figure represents the lowest annual value in the available history.

Pfizer Net Profit Margin 2022: 31.3%

Pfizer net margin in 2022 was 31.26%, expanded 4.0 percentage points from 2021.

Pfizer Net Profit Margin 2021: 27.2%

Pfizer net margin in 2021 was 27.25%.

See more financial history for Pfizer (PFE).

Sector peers by Net Profit Margin

Healthcare peers of Pfizer (PFE), ranked by their latest net margin

Frequently asked questions