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Pfizer PFE Debt-to-equity

Debt-to-equity at other companies

Bristol-Myers Squibb logo
Bristol-Myers SquibbBMY
1.9×-0.9×
Eli Lilly logo
Eli LillyLLY
1.4×-1.1×
Johnson & Johnson logo
Johnson & JohnsonJNJ
0.6×-0.1×
Merck & Co. logo
Merck & Co.MRK
1.1×+0.3×
Amgen logo
AmgenAMGN
6.2×-3.0×
Ionis Pharmaceuticals logo
Ionis PharmaceuticalsIONS
0.6×-0.7×

Other financials

Income statement

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Revenue$15.0B+2.6%
Gross profit$10.9B+0.6%
Net income-$248.0M-109%
EPS (diluted)-$0.04-108%

Balance sheet

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Cash & equivalents$1.8B+18.8%
Total debt$64.4B+4.9%
Total equity$90.1B-0.3%
Total assets$207.62B-0.2%

Cash flow

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Operating cash flow$2.6B+12.0%
CapEx$436.0M-22.7%
Free cash flow$2.2B+23.0%

Valuation

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Market cap$142.54B+6.6%
Enterprise value$205.21B+9.2%
P/E16×
P/S2.2×+0.1×

Profitability

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Gross margin73.2%+1.1pp
Net margin15.7%
FCF margin18%+8.8pp

Returns & leverage

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Return on equity10.6%
Current ratio1.2×0.0×

Where this comes from

Calculated from Pfizer’s reported figures.

Based on the most recent quarter.

The source filing: Pfizer’s 10-Q, filed May 5, 2026. Open the filing →

Filed
May 5, 2026, 7:03 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000078003-26-000054

FAQ

What is Pfizer's debt-to-equity?
Pfizer (PFE) reported debt-to-equity of 0.7× in Q1 2026.
How has Pfizer's debt-to-equity changed year-over-year?
Pfizer's debt-to-equity increased by 5.2% year-over-year, from 0.7× to 0.7×.
What is the long-term trend for Pfizer's debt-to-equity?
Over 5 years (2020 to 2025), Pfizer's debt-to-equity has grown at a 3.9% compound annual growth rate (CAGR), from 0.6× to 0.8×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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