PFIZER INC (PFE) closed fiscal year 2025 with a gross margin of 74.3 % and a net margin of 12.4 %.
PFIZER INC (PFE) closed fiscal year 2025 with a gross margin of 74.3 % and a net margin of 12.4 %. The same year shows an EBITDA margin of 26.8 % and an EBIT margin of 16.3 %. The free cash flow margin was 14.5 %. Against the previous year the gross margin moved +2.4 pp and the net margin −0.2 pp. Across the period the gross margin ranges between 58.1 % in 2023 and 83.2 % in 2008. The series covers 19 fiscal years, from 2007 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 76.79 % | 83.20 % | 82.83 % | 77.31 % | 79.52 % | 82.03 % | 81.42 % | 80.69 % | 80.25 % | 76.67 % | 78.63 % | 77.99 % | 80.31 % | 79.63 % | 62.08 % | 66.05 % | 58.10 % | 71.94 % | 74.33 % |
| EBITDA margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 40.55 % | 16.05 % | 28.49 % | 26.82 % |
| EBIT margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 35.55 % | 5.49 % | 17.47 % | 16.29 % |
| Net margin (%) | 16.82 % | 16.78 % | 17.53 % | 12.67 % | 16.40 % | 26.66 % | 42.65 % | 18.42 % | 14.25 % | 13.66 % | 40.55 % | 27.32 % | 39.18 % | 21.99 % | 27.04 % | 31.01 % | 3.56 % | 12.62 % | 12.42 % |
| FCF margin (%) | 23.70 % | 34.24 % | 31.22 % | 15.26 % | 30.44 % | 28.21 % | 31.94 % | 32.02 % | 27.21 % | 27.20 % | 28.25 % | 33.91 % | 25.77 % | 29.24 % | 36.74 % | 25.73 % | 8.05 % | 15.46 % | 14.50 % |
