What is Pfizer's PP&E (net)?

Pfizer (PFE) reported PP&E (net) of $19.4B in Q1 2026.

How has Pfizer's PP&E (net) changed year-over-year?

Pfizer's PP&E (net) increased by 5.8% year-over-year, from $18.35B to $19.4B.

What is the long-term trend for Pfizer's PP&E (net)?

Over 5 years (2020 to 2025), Pfizer's PP&E (net) has grown at a 7.0% compound annual growth rate (CAGR), from $13.75B to $19.32B.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

Pfizer PFE PP&E (Net)

PP&E (Net) at other companies

Bristol-Myers SquibbBMY

$7.79B+5.7%

Eli LillyLLY

$26.54B+43.7%

Johnson & JohnsonJNJ

$23.58B+7.4%

Merck & Co.MRK

$25.43B+2.6%

AmgenAMGN

$8.22B+23.0%

Ionis PharmaceuticalsIONS

$155.13M+38.6%

Segments

By geography

See full

Developed Markets$8.18B+13.8%

Emerging Markets$1.46B-0.1%

Other financials

Income statement

See full

Revenue$14.5B+5.4%

Gross profit$10.9B+0.3%

Net income$2.7B-9.4%

EPS (diluted)$0.47-9.6%

Balance sheet

See full

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

See full

Operating cash flow$2.6B+12.0%

CapEx$436.0M-22.7%

Free cash flow$2.2B+23.0%

Valuation

See full

Market cap$143.91B+4.2%

Enterprise value$206.58B+4.2%

P/E11.9×—

P/S2.3×+0.1×

Profitability

See full

Gross margin73.5%+1.2pp

Net margin15.7%—

FCF margin18%+8.8pp

Returns & leverage

See full

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:PropertyPlantAndEquipmentNet.

The official record: Pfizer’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Pfizer's PP&E (net)?: Pfizer (PFE) reported PP&E (net) of $19.4B in Q1 2026.
How has Pfizer's PP&E (net) changed year-over-year?: Pfizer's PP&E (net) increased by 5.8% year-over-year, from $18.35B to $19.4B.
What is the long-term trend for Pfizer's PP&E (net)?: Over 5 years (2020 to 2025), Pfizer's PP&E (net) has grown at a 7.0% compound annual growth rate (CAGR), from $13.75B to $19.32B.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.