Pfizer Inc. (PFE) Operating Margin: 24.67%
Is Pfizer Inc.’s operating margin high or low?
Pfizer Inc.'s operating margin of 24.67% is in line with its 5-year average of 24.05%, around the middle of its 5-year range (8.89%–37.43%).
The operating margin for Pfizer Inc. (PFE) is 24.67% as of Tuesday, June 9, 2026. It is below its 12-month average by 2.45% (25.29%).
PFE Operating Margin Chart
PFE Average Operating Margin Chart
PFE Current vs Average Operating Margin Chart
PFE Operating Margin Metrics
OPERATING MARGIN
24.67%
OPERATING MARGIN AVG TTM
25.29%
OPERATING MARGIN AVG 3Y
24.23%
OPERATING MARGIN AVG 5Y
24.05%
OPERATING MARGIN AVG 10Y
24.79%
OPERATING MARGIN AVG 15Y
26.45%
OPERATING MARGIN AVG 20Y
27.63%
CURRENT VS TTM AVG
-2.45%
CURRENT VS 3Y AVG
+1.84%
CURRENT VS 5Y AVG
+2.59%
CURRENT VS 10Y AVG
-0.47%
CURRENT VS 15Y AVG
-6.74%
CURRENT VS 20Y AVG
-10.72%
PFE Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Pfizer Inc. (PFE) | — | 24.67% | 25.29% | 24.23% | 24.05% |
| Intuitive Surgical, Inc. (ISRG) | $151.09B | 29.27% | 28.70% | 26.89% | 27.25% |
| Gilead Sciences, Inc. (GILD) | $155.82B | 39.74% | 22.76% | 25.11% | 25.54% |
| Abbott Laboratories (ABT) | $158.94B | 18.16% | 17.21% | 17.41% | 17.71% |
| Danaher Corporation (DHR) | $133.37B | 20.91% | 21.31% | 23.25% | 23.28% |
| CVS Health Corporation (CVS) | $123.84B | 2.58% | 2.43% | 2.79% | 3.48% |
| Bristol-Myers Squibb Company (BMY) | $115.34B | 26.34% | 23.17% | 21.31% | 19.39% |
| Vertex Pharmaceuticals Incorporated (VRTX) | $113.14B | 39.43% | 18.66% | 31.09% | 34.52% |
| Thermo Fisher Scientific Inc. (TMO) | $183.61B | 18.20% | 18.04% | 18.11% | 20.54% |
| Amgen Inc. (AMGN) | $185.96B | 29.06% | 25.38% | 28.78% | 30.08% |
Operating Efficiency
Gross Margin
70.3%
Operating Margin
24.7%
Pfizer Inc. Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Pfizer Inc. Operating Margin FAQ
- What is the operating margin for Pfizer Inc. (PFE)?
- The operating margin for PFE stock is 24.67%.
- Is Pfizer Inc.'s operating margin high or low?
- Pfizer Inc.'s operating margin of 24.67% is in line with its 5-year average of 24.05%, around the middle of its 5-year range (8.89%–37.43%).
- What is the TTM average operating margin for Pfizer Inc. (PFE)?
- The TTM average operating margin for PFE stock is 25.29%.
- What is the 3Y average operating margin for Pfizer Inc. (PFE)?
- The 3Y average operating margin for PFE stock is 24.23%.
- What is the 5Y average operating margin for Pfizer Inc. (PFE)?
- The 5Y average operating margin for PFE stock is 24.05%.
- What is the 10Y average operating margin for Pfizer Inc. (PFE)?
- The 10Y average operating margin for PFE stock is 24.79%.
- What is the 15Y average operating margin for Pfizer Inc. (PFE)?
- The 15Y average operating margin for PFE stock is 26.45%.
- What is the 20Y average operating margin for Pfizer Inc. (PFE)?
- The 20Y average operating margin for PFE stock is 27.63%.
Pfizer Inc. Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-12-31 | 24.67% |
| 2024-12-31 | 25.91% |
| 2023-12-31 | 8.89% |
| 2022-12-31 | 37.43% |
| 2021-12-31 | 25.58% |
| 2020-12-31 | 21.81% |
| 2019-12-31 | 18.24% |
| 2018-12-31 | 28.50% |
| 2017-12-31 | 27.39% |
| 2016-12-31 | 27.02% |
| 2015-12-31 | 27.22% |
| 2014-12-31 | 28.28% |
| 2013-12-31 | 32.74% |
| 2012-12-31 | 33.00% |
| 2011-12-31 | 30.12% |
| 2010-12-31 | 26.44% |
| 2009-12-31 | 32.01% |
| 2008-12-31 | 34.42% |
| 2007-12-31 | 28.75% |
| 2006-12-31 | 31.20% |
| 2005-12-31 | 30.65% |
| 2004-12-31 | 32.54% |
| 2003-12-31 | 23.90% |
| 2002-12-31 | 37.93% |
| 2001-12-31 | 34.02% |
| 2000-12-31 | 29.32% |
| 1999-12-31 | 28.07% |
| 1998-12-31 | 26.60% |
| 1997-12-31 | 26.76% |
| 1996-12-31 | 27.24% |