PFEPfizer

$28.32

Is the business good?

How good a business is PFE?

Pfizer keeps 6.8% of every revenue dollar as profit after everything, against 18% for the median Drug Manufacturers - General name.

6.8%

Net margin · Drug Manufacturers - General median 18% · 12 months to Q2 2026

Cash conversion
2.54×

Cash conversion · 1.16× a year ago · every dollar of reported profit arrived as cash, and more

Share count, year on year
−0.12%

Share count, year on year · flat: no meaningful dilution

R&D as % of revenue
17%

R&D as % of revenue

Details
Gross margin12 months to Q2 2026
73%
Net margin12 months to Q2 2026
6.8%
Free cash flow margin
17%
R&D as % of revenue
17%
Revenue, trailing twelve months
$63.7B
Free cash flow, trailing twelve months
$11.0B
Net income, trailing twelve months
$4.33B

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.