Pfizer Inc. (PFE) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 42.82B | 42.9B | 46.92B | 43.7B | 45.86B | 50.36B | 43.22B | 37.83B | 42.41B | 43.33B | 74.01B | 73.35B | 50.08B | 51.26B | 70.4B | 67.47B | 54.42B | 59.69B | 57.9B | 48.81B |
| Cash & Short-Term Investments | 13.07B | 13.6B | 14.98B | 13.25B | 17.32B | 20.48B | 9.95B | 7.1B | 11.93B | 12.69B | 44.18B | 44.78B | 19.97B | 22.73B | 36.12B | 33.3B | 23.9B | 31.07B | 29.7B | 21.7B |
| Cash Only | 1.7B | 1.14B | 1.34B | 1.64B | 1.43B | 1.04B | 1.09B | 1.05B | 719M | 2.85B | 3.15B | 2.63B | 2.17B | 416M | 1.3B | 1.78B | 2.47B | 1.94B | 1.97B | 2.37B |
| Short-Term Investments | 11.37B | 12.45B | 13.64B | 11.61B | 15.89B | 19.43B | 8.86B | 6.05B | 11.21B | 9.84B | 41.03B | 42.15B | 17.81B | 22.32B | 34.83B | 31.52B | 21.43B | 29.13B | 27.73B | 19.33B |
| Accounts Receivable | 12.59B | 11.87B | 14.26B | 12.08B | 14.74B | 14.78B | 17.69B | 15.09B | 15.22B | 15.54B | 15B | 13.43B | 15.45B | 14.53B | 18.62B | 17.74B | 16.34B | 15.74B | 15.77B | 14.35B |
| Days Sales Outstanding | 74.47 | 69.96 | 71.96 | 83.29 | 95.79 | 85 | 84.26 | 103.82 | 94.08 | 95.39 | 95.88 | 100.99 | 74.59 | 61.41 | 73.08 | 55.9 | 58.14 | 58.84 | 57.02 | 66.52 |
| Inventory | 10.67B | 10.65B | 11.47B | 11.67B | 10.85B | 10.85B | 11.72B | 11.45B | 10.89B | 10.19B | 10.2B | 10.31B | 9.54B | 8.98B | 9.51B | 10.45B | 9.98B | 9.06B | 8.64B | 8.95B |
| Days Inventory Outstanding | 198.29 | 197.22 | 252.33 | 195.82 | 248.4 | 218.89 | 152.09 | 201.67 | 218.94 | 108.02 | 88.03 | 196.57 | 143.2 | 76.35 | 129.99 | 102.55 | 81.98 | 73.76 | 73.72 | 101.16 |
| Other Current Assets | 2.91B | 6.77B | 6.21B | 6.71B | 2.95B | 4.25B | 3.86B | 4.19B | 4.37B | 4.91B | 4.62B | 4.83B | 5.12B | 5.02B | 6.15B | 5.97B | 4.2B | 3.82B | 3.79B | 3.82B |
| Total Non-Current Assets | 164.8B | 165.26B | 161.81B | 162.39B | 162.17B | 163.04B | 176.25B | 178.37B | 178.68B | 183.17B | 141.01B | 146.82B | 145.54B | 145.94B | 124.95B | 127.82B | 129.42B | 121.78B | 121.29B | 121.11B |
| Property, Plant & Equipment | 19.4B | 21.53B | 18.88B | 18.78B | 18.35B | 18.39B | 18.54B | 18.96B | 18.8B | 18.94B | 17.86B | 17.49B | 17.05B | 16.27B | 15.44B | 15.24B | 15.11B | 14.88B | 14.44B | 14.22B |
| Fixed Asset Turnover | 0.71x | 0.87x | 0.88x | 0.79x | 0.75x | 0.96x | 0.94x | 0.70x | 0.79x | 0.79x | 0.76x | 0.75x | 1.11x | 1.53x | 1.48x | 1.83x | 1.71x | 1.63x | 1.68x | 1.34x |
| Goodwill | 71.41B | 71.26B | 69.1B | 69B | 68.44B | 68.53B | 68.57B | 68.44B | 69.3B | 67.78B | 51.53B | 51.57B | 51.48B | 51.38B | 49.44B | 49.89B | 50.21B | 49.21B | 49.49B | 49.87B |
| Intangible Assets | 52.56B | 53.73B | 51.32B | 52.7B | 53.97B | 55.41B | 59.99B | 61.24B | 62.83B | 64.9B | 40.22B | 41.41B | 42B | 43.37B | 28.15B | 29.07B | 29.82B | 25.15B | 26.31B | 27.32B |
| Long-Term Investments | 1.63B | 1.74B | 2.14B | 224M | 2.01B | 2.23B | 10.76B | 11.15B | 11.61B | 15.37B | 14.24B | 15.07B | 14.74B | 15.07B | 13.89B | 18.96B | 20.74B | 21.53B | 21.6B | 20.94B |
| Other Non-Current Assets | 9.84B | 7.3B | 9.32B | 11.35B | 9.85B | 9.82B | 10.49B | 10.71B | 11.2B | 12.47B | 8.39B | 12.73B | 12.67B | 13.16B | 10.89B | 7.1B | 7.88B | 7.68B | 6.71B | 6.06B |
| Total Assets | 207.62B | 208.16B | 208.73B | 206.09B | 208.03B | 213.4B | 219.48B | 216.19B | 221.09B | 226.5B | 215.02B | 220.17B | 195.62B | 197.21B | 195.35B | 195.29B | 183.84B | 181.48B | 179.19B | 169.92B |
| Asset Turnover | 0.07x | 0.08x | 0.08x | 0.07x | 0.07x | 0.08x | 0.08x | 0.06x | 0.07x | 0.07x | 0.06x | 0.06x | 0.09x | 0.12x | 0.12x | 0.15x | 0.14x | 0.13x | 0.14x | 0.11x |
| Asset Growth % | -0.2% | -2.45% | -4.9% | -4.67% | -5.91% | -5.79% | 2.07% | -1.81% | 13.02% | 14.85% | 10.07% | 12.74% | 6.41% | 8.67% | 9.02% | 14.93% | 15.76% | 17.67% | 0.11% | -4.5% |
| Total Current Liabilities | 34.35B | 36.98B | 36.6B | 37.73B | 36.45B | 42.99B | 43.21B | 43.82B | 40.5B | 47.79B | 31.14B | 34.65B | 36.56B | 42.14B | 44.31B | 47.41B | 39.27B | 42.67B | 41.8B | 35.66B |
| Accounts Payable | 4.51B | 5.24B | 5.02B | 5.17B | 5.24B | 5.63B | 5.31B | 5.11B | 5.59B | 6.71B | 5.34B | 6.08B | 6.12B | 6.81B | 6.27B | 6.21B | 5.51B | 5.58B | 4.7B | 4.33B |
| Days Payables Outstanding | 90.64 | 91.5 | 111.13 | 90.48 | 124.45 | 106.16 | 68.4 | 96.57 | 127.76 | 63.82 | 49 | 120.84 | 99.98 | 53.98 | 81.22 | 58.79 | 47.73 | 42.82 | 37.83 | 48.67 |
| Short-Term Debt | 3.89B | 3.48B | 4.3B | 4.29B | 4.47B | 6.95B | 9.7B | 11.94B | 8.23B | 10.35B | 2.55B | 3.98B | 4.19B | 2.93B | 4.02B | 5.96B | 636M | 2.24B | 3.63B | 3.89B |
| Deferred Revenue (Current) | 0 | 784M | 924M | 1.12B | 1.01B | 1.51B | 2.02B | 2.53B | 2.5B | 2.7B | 2.2B | 1.29B | 1.75B | 2.52B | 6.19B | 3.8B | 3.11B | 3.07B | 3.53B | 4.29B |
| Other Current Liabilities | 20.11B | 20.76B | 19.51B | 23.47B | 22.62B | 23.56B | 23.3B | 18.98B | 20.98B | 23.32B | 19.15B | 18.05B | 22.53B | 25.98B | 22.52B | 25.84B | 26.84B | 28.27B | 23.26B | 19.23B |
| Current Ratio | 1.25x | 1.16x | 1.28x | 1.16x | 1.26x | 1.17x | 1.00x | 0.86x | 1.05x | 0.91x | 2.38x | 2.12x | 1.37x | 1.22x | 1.59x | 1.42x | 1.39x | 1.40x | 1.39x | 1.37x |
| Quick Ratio | 0.94x | 0.87x | 0.97x | 0.85x | 0.96x | 0.92x | 0.73x | 0.60x | 0.78x | 0.69x | 2.05x | 1.82x | 1.11x | 1.00x | 1.37x | 1.20x | 1.13x | 1.19x | 1.18x | 1.12x |
| Cash Conversion Cycle | 182.12 | 175.67 | 213.16 | 188.63 | 219.74 | 197.74 | 167.94 | 208.92 | 185.27 | 139.6 | 134.91 | 176.71 | 117.8 | 83.78 | 121.85 | 99.65 | 92.4 | 89.77 | 92.92 | 119.01 |
| Total Non-Current Liabilities | 82.87B | 84.4B | 79.04B | 79.36B | 80.94B | 81.9B | 83.71B | 84.4B | 88.04B | 89.42B | 86.68B | 86.23B | 57.82B | 59.15B | 58.15B | 60.41B | 61.89B | 61.34B | 61.42B | 63.94B |
| Long-Term Debt | 60.56B | 61.64B | 57.41B | 57.5B | 56.82B | 56.7B | 56.92B | 56.73B | 60.48B | 60.5B | 61.05B | 61.36B | 30.74B | 31.93B | 31.65B | 33.17B | 34.42B | 34.76B | 34.78B | 33.85B |
| Capital Lease Obligations | 0 | 2.29B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 2.41B | 2.4B | 2.47B | 2.48B | 2.26B | 2.12B | 2.16B | 2.23B | 931M | 640M | 1.13B | 1.23B | 1.07B | 1.02B | 616M | 558M | 655M | 349M | 328M | 4.16B |
| Other Non-Current Liabilities | 19.89B | 18.07B | 19.16B | 19.37B | 21.86B | 23.08B | 24.63B | 25.44B | 26.63B | 28.28B | 24.51B | 23.64B | 26.01B | 26.2B | 25.88B | 26.68B | 26.82B | 26.24B | 26.31B | 25.93B |
| Total Liabilities | 117.21B | 121.39B | 115.64B | 117.08B | 117.39B | 124.9B | 126.92B | 128.22B | 128.54B | 137.21B | 117.82B | 120.88B | 94.38B | 101.29B | 102.46B | 107.82B | 101.16B | 104.01B | 103.22B | 99.61B |
| Total Debt | 64.45B | 67.42B | 61.71B | 61.8B | 61.29B | 63.65B | 66.62B | 68.68B | 68.71B | 70.84B | 63.6B | 65.34B | 34.93B | 34.86B | 35.68B | 39.13B | 35.05B | 37B | 38.41B | 37.73B |
| Net Debt | 62.75B | 66.27B | 60.37B | 60.16B | 59.86B | 62.61B | 65.53B | 67.63B | 67.99B | 67.99B | 60.45B | 62.71B | 32.76B | 34.44B | 34.38B | 37.35B | 32.58B | 35.05B | 36.44B | 35.36B |
| Debt / Equity | 0.71x | 0.78x | 0.66x | 0.69x | 0.68x | 0.72x | 0.72x | 0.78x | 0.74x | 0.79x | 0.65x | 0.66x | 0.35x | 0.36x | 0.38x | 0.45x | 0.42x | 0.48x | 0.51x | 0.54x |
| Debt / EBITDA | 12.36x | 12.54x | 11.84x | 11.88x | 9.82x | 8.47x | 9.91x | 19.02x | 10.91x | 174.07x | - | 16.65x | 4.27x | 5.08x | 3.28x | 2.77x | 3.12x | 8.12x | 4.22x | 5.17x |
| Net Debt / EBITDA | 12.03x | 12.33x | 11.58x | 11.57x | 9.59x | 8.33x | 9.75x | 18.73x | 10.80x | 167.06x | - | 15.98x | 4.01x | 5.02x | 3.16x | 2.65x | 2.90x | 7.69x | 4.01x | 4.85x |
| Interest Coverage | 6.04x | -1.31x | 6.11x | 5.65x | 5.26x | 4.54x | 7.02x | 0.87x | 5.33x | -4.99x | -3.82x | 5.47x | 20.72x | 17.72x | 29.94x | 40.06x | 29.11x | 13.15x | 25.13x | 22.99x |
| Total Equity | 90.4B | 86.78B | 93.1B | 89.01B | 90.64B | 88.5B | 92.56B | 87.97B | 92.56B | 89.29B | 97.2B | 99.29B | 101.24B | 95.92B | 92.89B | 87.47B | 82.69B | 77.46B | 75.97B | 70.31B |
| Equity Growth % | -0.26% | -1.95% | 0.58% | 1.18% | -2.08% | -0.89% | -4.78% | -11.4% | -8.57% | -6.91% | 4.64% | 13.52% | 22.44% | 23.82% | 22.28% | 24.4% | 20.07% | 22.04% | 15.99% | 8.91% |
| Book Value per Share | 15.77 | 15.26 | 16.29 | 15.60 | 15.87 | 15.52 | 16.22 | 15.45 | 16.25 | 15.81 | 17.22 | 17.38 | 17.68 | 16.70 | 16.25 | 15.31 | 14.36 | 13.43 | 13.27 | 12.38 |
| Total Shareholders' Equity | 90.1B | 86.48B | 92.8B | 88.69B | 90.34B | 88.2B | 92.29B | 87.7B | 92.28B | 89.01B | 96.93B | 99.02B | 100.97B | 95.66B | 92.63B | 87.21B | 82.42B | 77.2B | 75.69B | 70.04B |
| Common Stock | 482M | 481M | 481M | 481M | 481M | 480M | 480M | 480M | 480M | 478M | 478M | 478M | 478M | 476M | 476M | 476M | 476M | 473M | 473M | 472M |
| Retained Earnings | 117.24B | 114.61B | 121.15B | 117.61B | 119.59B | 116.72B | 121.06B | 116.6B | 121.32B | 118.35B | 126.41B | 128.8B | 131.1B | 125.66B | 122.97B | 116.61B | 111.19B | 103.39B | 102.25B | 96.35B |
| Treasury Stock | -115.19B | -115.02B | -115.01B | -115.01B | -115.01B | -114.76B | -114.76B | -114.76B | -114.75B | -114.49B | -114.48B | -114.48B | -114.47B | -113.97B | -113.94B | -113.94B | -113.93B | -111.36B | -111.36B | -111.36B |
| Accumulated OCI | -7.2B | -8.07B | -8.07B | -8.44B | -8.58B | -7.84B | -7.97B | -7.82B | -7.76B | -7.96B | -7.97B | -8.1B | -8.29B | -8.3B | -8.22B | -7.12B | -6.16B | -5.9B | -5.65B | -4.76B |
| Minority Interest | 303M | 299M | 295M | 317M | 299M | 294M | 272M | 275M | 276M | 274M | 270M | 274M | 266M | 256M | 259M | 261M | 261M | 262M | 275M | 273M |