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Non-Current Liabilities

Long-Term Debt

Pfizer Long-Term Debt decreased by 1.7% to $60.57B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.1%, from $57.64B to $60.57B. Over 5 years (FY 2020 to FY 2025), Long-Term Debt shows an upward trend with a 10.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026May 5, 2026

How to read this metric

High levels indicate significant financial leverage, which can increase interest expense and risk, while lower levels suggest a stronger balance sheet and greater financial flexibility.

Detailed definition

This represents the portion of debt obligations that are due beyond one year from the balance sheet date. For large phar...

Peer comparison

Commonly compared across the pharmaceutical sector to evaluate capital structure and debt-servicing capacity relative to EBITDA.

Metric ID: long_term_debt

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$35.35B$36.25B$36.2B$35.66B$34.29B$32.63B$32.88B$31.7B$61.36B$61.05B$61.54B$61.31B$57.51B$58B$57.41B$57.64B$57.5B$57.41B$61.64B$60.57B
QoQ Change+2.5%-0.2%-1.5%-3.8%-4.9%+0.8%-3.6%+93.5%-0.5%+0.8%-0.4%-6.2%+0.9%-1.0%+0.4%-0.2%-0.2%+7.4%-1.7%
YoY Change-3.0%-10.0%-9.1%-11.1%+78.9%+87.1%+87.1%+93.4%-6.3%-5.0%-6.7%-6.0%-0.0%-1.0%+7.4%+5.1%
Range$31.7B$61.64B
CAGR+12.0%
Avg YoY Growth+18.8%
Median YoY Growth-2.0%

Frequently Asked Questions

What is Pfizer's long-term debt?
Pfizer (PFE) reported long-term debt of $60.57B in Q1 2026.
How has Pfizer's long-term debt changed year-over-year?
Pfizer's long-term debt increased by 5.1% year-over-year, from $57.64B to $60.57B.
What is the long-term trend for Pfizer's long-term debt?
Over 5 years (2020 to 2025), Pfizer's long-term debt has grown at a 10.7% compound annual growth rate (CAGR), from $37.13B to $61.64B.
What does long-term debt mean?
Debt obligations that are not due for payment within the next twelve months.