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Pfizer PFE Other Income (Expense)

Discontinued — last reported Q1 '24

Other Income (Expense) at other companies

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Bristol-Myers SquibbBMY
$61M+112%
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$269M+399%
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-$331M-209%
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Merck & Co.MRK
-$99M-1,514%
Amgen logo
AmgenAMGN
-$73M+81.5%
Ionis Pharmaceuticals logo
Ionis PharmaceuticalsIONS
$987K+868%

Segments

By segment

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Biopharma$116M+48.7%

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$149.33B+9.8%
Enterprise value$212B+9.2%
P/E16.8×
P/S2.3×+0.2×

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%
Debt / equity0.7×0.0×
Current ratio1.2×0.0×

Where this comes from

Reported directly by Pfizer in its filing.

Tagged under the XBRL concept us-gaap:InterestRevenueExpenseNet.

The source filing: Pfizer’s 10-Q, filed May 8, 2024.

Filed
May 8, 2024
Fiscal quarter
Q1 FY2024
Calendar quarter
Q1 2024
Accession
0000078003-24-000107
Components of Other (income)/deductions––net include: / (MILLIONS)Three Months Ended / March 31,2024April 2,2023
Interest income$(129)$(177)
Interest expense790318
Net interest expense(a)661141
Net (gains)/losses recognized during the period on equity securities(b)(25)451
Income from collaborations, out-licensing arrangements and sales of compound/product rights(68)
Net periodic benefit costs/(credits) other than service costs(103)(80)
Certain legal matters, net(c)20836
Certain asset impairments(d)109264

Item 1.

FAQ

What is Pfizer's other income (expense)?
Pfizer (PFE) reported other income (expense) of -$661M in Q1 2024.
How has Pfizer's other income (expense) changed year-over-year?
Pfizer's other income (expense) decreased by 368.8% year-over-year, from -$141M to -$661M.
What does other income (expense) mean?
Net total of all non-operating income and expenses not classified in specific line items — a catch-all for miscellaneous financial items.

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