Non-Current Assets

Accumulated Depreciation

Pfizer Accumulated Depreciation increased by 1.2% to $71.34B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 7.3%, from $66.50B to $71.34B. Over 4 years (FY 2020 to FY 2024), Accumulated Depreciation shows an upward trend with a 2.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ3 2015
Last reportedQ4 2025
Parent metricPP&E (Net)

How to read this metric

A rising balance relative to gross assets suggests an aging infrastructure, potentially signaling a need for future capital expenditure to replace equipment.

Detailed definition

This is the cumulative amount of depreciation expense charged against the company's tangible assets since their acquisit...

Peer comparison

Commonly found in the balance sheet or notes for all companies with significant physical property, plant, and equipment.

Metric ID: ppe_accumulated_depreciation

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$54.79B$55.54B$15.07B$56.54B$57.08B$57.51B$15.17B$59.17B$60.37B$61.46B$16.05B$64.15B$65.37B$66.50B$16.48B$68.78B$70.52B$71.34B
QoQ Change+1.4%-72.9%+275.1%+0.9%+0.8%-73.6%+290.0%+2.0%+1.8%-73.9%+299.8%+1.9%+1.7%-75.2%+317.3%+2.5%+1.2%
YoY Change+4.2%+3.5%+0.7%+4.7%+5.8%+6.9%+5.7%+8.4%+8.3%+8.2%+2.7%+7.2%+7.9%+7.3%
% of PP&E (Net)385.2%384.8%101.3%374.2%374.4%372.5%93.2%347.0%345.2%344.1%84.7%341.2%344.8%358.7%89.6%374.9%375.6%377.8%
Share Change-0.5pp-283.5pp+272.9pp+0.2pp-2.0pp-279.2pp+253.8pp-1.8pp-1.1pp-259.4pp+256.4pp+3.7pp+13.9pp-269.1pp+285.3pp+0.7pp+2.2pp
Range$15.07B$71.34B
CAGR+6.4%
Avg YoY Growth+5.8%
Median YoY Growth+6.3%
Current Streak3 quarters growth

Frequently Asked Questions

What is Pfizer's accumulated depreciation?
Pfizer (PFE) reported accumulated depreciation of $71.34B in Q3 2025.
How has Pfizer's accumulated depreciation changed year-over-year?
Pfizer's accumulated depreciation increased by 7.3% year-over-year, from $66.50B to $71.34B.
What is the long-term trend for Pfizer's accumulated depreciation?
Over 4 years (2020 to 2024), Pfizer's accumulated depreciation has grown at a 2.7% compound annual growth rate (CAGR), from $14.81B to $16.48B.
What does accumulated depreciation mean?
The total amount of depreciation recorded against physical assets over time.

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